Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, June 19, 2023

341 head sold ·Official USDA report

This is an archived report. See the latest Meridian Stockyard report →

heavy 6-weight M&L 1-2 heifers $189.00/cwt ≈ $1,266/hd at 670 lb · 21 head
heavy 6-weight M&L 1 steers $215.00/cwt -18.00 vs last sale · ≈ $1,490/hd at 693 lb · 18 head
heavy 5-weight M&L 1 heifers $213.92/cwt -4.08 vs last sale · ≈ $1,209/hd at 565 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 341 430 191
Feeder cattle 202 340 130
Slaughter cattle 69 74 37
Replacement cattle 70 16 24

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady and slaughter cows were 2-3 lower and bulls steady.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 283.00 $283.00 $863 -25.83
460–475 468 2 270.00 $270.00 $1,264 —
515–535 525 2 240.00–250.00 $245.10 $1,287 +0.57
610 610 1 223.00 $223.00 $1,360 -18.06
693 693 18 215.00 $215.00 $1,490 -18.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
240 240 1 245.00 $245.00 $588 —
315 315 1 250.00 $250.00 $788 —
355–395 370 7 248.00–263.00 $255.27 $944 -22.73
415 415 1 253.00 $253.00 $1,050 -7.00
460–495 477 3 248.00–256.00 $252.06 $1,202 -16.83
505–540 525 3 230.00–239.00 $233.09 $1,224 —
581 581 3 237.00 $237.00 $1,377 +12.00
730 730 1 186.00 $186.00 $1,358 -33.00
765 765 1 193.00 $193.00 $1,476 —
845 845 1 182.00 $182.00 $1,538 —
850 850 1 189.00 $189.00 $1,606 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–315 310 2 240.00–243.00 $241.52 $749 —
405–435 421 4 240.00–242.00 $240.48 $1,012 +3.84
455–480 463 3 230.00–240.00 $236.04 $1,093 -12.61
540 540 1 220.00 $220.00 $1,188 +10.00
585–595 590 2 215.00–226.00 $220.45 $1,301 +20.45
695 695 1 194.00 $194.00 $1,348 -6.00
760 760 1 172.00 $172.00 $1,307 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
670 670 21 189.00 $189.00 $1,266 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–445 434 5 219.00–233.00 $224.92 $976 -5.08
540 540 1 211.00 $211.00 $1,139 -6.59
553–572 565 12 206.00–216.00 $213.92 $1,209 -4.08
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–380 370 2 215.00–222.00 $218.41 $808 -1.70
405–425 415 2 208.00–213.00 $210.44 $873 -11.00
470–495 483 2 209.00–214.00 $211.44 $1,021 -10.02
515–545 530 2 198.00–199.00 $198.51 $1,052 -1.49
560–590 575 4 191.00–200.00 $194.52 $1,118 -6.64
600–615 607 3 184.00–185.00 $184.33 $1,119 +14.33
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–325 313 2 200.00–205.00 $202.60 $634 —
360 360 1 190.00 $190.00 $684 —
440 440 1 190.00 $190.00 $836 —
585 585 1 180.00 $180.00 $1,053 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 423 2 249.00–250.00 $249.52 $1,055 -0.48
620 620 1 183.00 $183.00 $1,135 —
680 680 1 180.00 $180.00 $1,224 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
515–525 520 2 196.00–200.00 $197.98 $1,029 -24.02
825 825 1 170.00 $170.00 $1,402 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470 470 1 223.00 $223.00 $1,048 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
730–830 779 85-90% 7 70.00–78.00 $74.19 $578 —
730–880 781 85-90% 4 62.00–68.00 $63.88 $499 —
870–1340 1083 85-90% 8 80.00–89.00 $84.29 $913 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
965–1515 1321 80-85% 6 95.00–100.00 $96.01 $1,268 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1620–1725 1673 2 102.00–105.00 $103.55 $1,732 —
1675–1865 1743 3 116.00–121.00 $118.10 $2,058 +9.10

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
825 825 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 800.00 $800.00
1050–1150 1097 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,040.00–1,110.00 $1,069.33

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
965 965 Middle Aged (5-8 yrs)Open 2 1,125.00 $1,125.00 —
995–1045 1020 Middle Aged (5-8 yrs)Open 4 1,050.00–1,250.00 $1,152.45 —
1045 1045 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 1,150.00 $1,150.00 —
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1200 1200 Middle Aged (5-8 yrs)Open 2 1,500.00 $1,500.00 —
1320 1320 Young (2-4 yrs)1st Stage (1-3 mo) 2 1,750.00 $1,750.00 —

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Reading this report

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.