Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, June 26, 2023

454 head sold ·Official USDA report

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

light 6-weight M&L 3 heifers $175.14/cwt ≈ $1,082/hd at 618 lb · 12 head
heavy 5-weight M&L 2 steers $211.79/cwt -25.21 vs last sale · ≈ $1,197/hd at 565 lb · 11 head
heavy 5-weight M&L 2 heifers $207.91/cwt +13.39 vs last sale · ≈ $1,166/hd at 561 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 454 341 600
Feeder cattle 356 202 528
Slaughter cattle 59 69 53
Replacement cattle 39 70 19

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady and slaughter cows 2-4 higher. Reminder no sales next week in observance of Independence day.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275 275 1 240.00 $240.00 $660 —
325 325 2 240.00–250.00 $245.00 $796 -5.00
355–380 363 3 245.00–250.00 $247.61 $899 -7.66
425 425 1 238.00 $238.00 $1,012 -15.00
520 520 1 220.00 $220.00 $1,144 -13.09
550–586 565 11 210.00–220.00 $211.79 $1,197 -25.21
605–610 607 3 190.00–201.00 $197.01 $1,196 —
770 770 1 201.00 $201.00 $1,548 +8.00
900 900 1 166.00 $166.00 $1,494 —
1120 1120 1 122.00 $122.00 $1,366 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–345 330 3 258.00–260.00 $259.34 $856 -23.66
395 395 1 255.00 $255.00 $1,007 —
405–435 417 3 248.00–251.00 $249.70 $1,041 —
480–495 488 2 245.00–248.00 $246.48 $1,203 -23.52
510–540 520 3 232.00–247.00 $241.81 $1,257 -3.29
550–575 563 2 230.00 $230.00 $1,295 —
633–640 635 4 215.00–225.00 $217.52 $1,381 -5.48
829 829 5 197.00 $197.00 $1,633 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
600 600 8 240.00 $240.00 $1,440 —
707 707 8 210.00 $210.00 $1,485 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 220.00 $220.00 $671 -21.52
475 475 1 220.00 $220.00 $1,045 -16.04
680 680 1 185.00 $185.00 $1,258 -9.00

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 220.00 $220.00 $737 —
360–380 370 2 228.00–229.00 $228.51 $845 +10.10
405–420 413 2 207.00–216.00 $211.42 $873 +0.98
465–488 485 7 203.00–207.00 $206.45 $1,001 -4.99
525–545 536 5 208.00–211.00 $209.60 $1,123 +11.09
551–595 561 10 200.00–211.00 $207.91 $1,166 +13.39
675 675 1 192.00 $192.00 $1,296 —
705–745 734 5 180.00–190.00 $183.91 $1,350 —
785 785 1 180.00 $180.00 $1,413 —
955 955 1 155.00 $155.00 $1,480 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–445 424 9 220.00–232.00 $228.51 $969 +3.59
455–493 477 9 220.00–234.00 $224.23 $1,070 —
505–525 515 2 218.00–230.00 $223.88 $1,153 +12.88
620–642 633 6 200.00–207.00 $204.03 $1,292 —
650–655 653 2 200.00–206.00 $202.99 $1,326 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 318 2 205.00–215.00 $209.72 $667 +7.12
375 375 1 206.00 $206.00 $772 +16.00
468 468 4 182.00 $182.00 $852 —
545 545 1 193.00 $193.00 $1,052 —
605–630 618 12 170.00–185.00 $175.14 $1,082 —
670 670 1 181.00 $181.00 $1,213 —
990 990 1 120.00 $120.00 $1,188 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–445 430 2 242.00–243.00 $242.52 $1,043 -7.00
470 470 1 234.00 $234.00 $1,100 —
505 505 2 228.00–235.00 $231.50 $1,169 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430–445 438 2 205.00–213.00 $208.93 $915 —
465 465 1 200.00 $200.00 $930 -23.00
575–580 578 2 175.00–185.00 $179.98 $1,040 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 423 2 220.00–226.00 $222.88 $943 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955–1225 1080 80-85% 6 92.50–98.00 $95.05 $1,027 —
1045–1355 1223 80-85% 10 100.00–108.00 $104.37 $1,276 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
860–1045 953 85-90% 2 72.50–76.00 $74.42 $709 —
995–1265 1068 85-90% 6 82.00–90.00 $87.75 $937 +3.46

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1425 1425 1 112.50 $112.50 $1,603 —
1320–2070 1665 6 113.00–117.50 $116.07 $1,933 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1075–1120 1098 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,100.00–1,150.00 $1,133.69
1150 1150 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,180.00 $1,180.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
980 980 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,325.00 $1,325.00
985 985 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,300.00 $1,300.00
1160 1160 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,310.00 $1,310.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1025 1025 Young (2-4 yrs)Open 4 1,850.00 $1,850.00 —
1195 1195 Middle Aged (5-8 yrs)Open 2 1,400.00 $1,400.00 —
1315 1315 Young (2-4 yrs)Open 2 1,800.00 $1,800.00 +50.00
1210–1500 1334 Middle Aged (5-8 yrs)Open 8 1,480.00–1,800.00 $1,619.32 -130.68

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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.