Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, September 4, 2023

514 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 514 570 795
Feeder cattle 358 435 495
Slaughter cattle 90 95 77
Replacement cattle 66 40 223

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady but could have been a little cheaper in spots. Slaughter cows and bulls were steady.

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
305–345 325 2 265.00–270.00 $267.65 $870 -1.74
360–395 380 4 264.00–275.00 $268.62 $1,021 -2.30
405–425 414 4 260.00–268.00 $264.05 $1,093 +4.05
475–495 485 2 263.00–270.00 $266.43 $1,292 +13.43
535 535 1 215.00 $215.00 $1,150 -23.00
555–580 563 3 215.00–220.00 $217.04 $1,222 -1.68
645 645 1 207.00 $207.00 $1,335 -8.51
670 670 1 205.00 $205.00 $1,374 -4.67
745 745 1 200.00 $200.00 $1,490 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–445 425 2 272.00–283.00 $277.24 $1,178 +5.21
505–535 514 4 230.00–240.00 $236.16 $1,214 -0.54
550 550 1 238.00 $238.00 $1,309 +8.00
605–640 616 5 215.00–218.00 $216.39 $1,333 -13.61
655–675 663 3 210.00–220.00 $213.99 $1,419 —
705 705 1 213.00 $213.00 $1,502 —
800–815 808 2 198.00–200.00 $198.99 $1,608 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–345 338 2 260.00–263.00 $261.53 $884 +1.53
350–390 375 3 260.00–265.00 $262.75 $985 -1.55
435 435 1 255.00 $255.00 $1,109 +7.00
465 465 1 248.00 $248.00 $1,153 +1.55
685 685 1 183.00 $183.00 $1,254 -10.00

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–393 385 5 220.00 $220.00 $847 -1.02
430 430 1 213.00 $213.00 $916 +0.26
480 480 1 211.00 $211.00 $1,013 +8.15
510–540 530 3 191.00–195.00 $192.62 $1,021 —
585 585 1 190.00 $190.00 $1,112 -3.06
605–610 608 2 183.00–185.00 $184.00 $1,119 -9.44
665–690 675 4 182.00–185.00 $183.99 $1,242 -6.01
700 700 1 185.00 $185.00 $1,295 —
780 780 1 184.00 $184.00 $1,435 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–325 320 3 229.00–232.00 $230.32 $737 —
405–440 425 6 219.00–221.00 $219.67 $934 +0.99
450 450 1 230.00 $230.00 $1,035 +12.08
510–540 527 3 197.00–206.00 $200.91 $1,059 -4.01
555–580 568 2 200.00–201.00 $200.51 $1,139 -4.49
620–645 633 2 188.00–191.00 $189.53 $1,200 -20.47
675 675 1 188.00 $188.00 $1,269 -21.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 1 207.00 $207.00 $797 -5.26
405 405 1 192.00 $192.00 $778 -8.95
450–495 478 4 196.00–201.00 $197.93 $946 +7.93
545 545 1 180.00 $180.00 $981 —
580 580 1 185.00 $185.00 $1,073 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–445 425 2 250.00–253.00 $251.43 $1,069 -1.03
465–475 470 2 248.00 $248.00 $1,166 +3.00
505–535 520 3 190.00–200.00 $196.24 $1,020 -1.62
600–625 613 2 178.00 $178.00 $1,091 -5.90
650 650 1 182.00 $182.00 $1,183 +2.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–435 427 3 230.00–240.00 $235.06 $1,004 -4.94
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–490 480 2 215.00–225.00 $219.90 $1,056 -10.10

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
740–1025 898 85-90% 6 69.00–75.50 $73.49 $660 —
825–1180 976 85-90% 5 78.00–84.00 $81.22 $793 -6.11
725–1195 1012 85-90% 7 88.00–91.00 $89.39 $905 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
950–1300 1148 80-85% 6 95.00–101.00 $97.97 $1,125 —
1105–1335 1230 80-85% 9 102.00–107.50 $104.70 $1,288 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1315–1470 1383 75-80% 4 92.00–98.00 $96.27 $1,331 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1220–1605 1458 5 119.00–121.00 $119.84 $1,747 —
1785 1785 1 130.00 $130.00 $2,320 —
1790–1855 1823 2 123.00–128.00 $125.54 $2,289 -2.49
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1280–1495 1388 2 118.00–118.50 $118.23 $1,641 —
1485 1485 1 113.00 $113.00 $1,678 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
930 930 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,550.00 $1,550.00
1120 1120 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,450.00 $1,450.00
970–1285 1155 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 5 1,270.00–1,425.00 $1,367.49
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
875 875 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,210.00 $1,210.00
1050–1170 1102 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,125.00–1,250.00 $1,196.13

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1195 1195 Middle Aged (5-8 yrs)Open 2 1,650.00 $1,650.00 —
1170–1415 1293 Middle Aged (5-8 yrs)Open 4 1,600.00–1,675.00 $1,633.95 —
1355 1355 Aged (>8 yrs)Open 2 2,000.00 $2,000.00 —
1365 1365 Middle Aged (5-8 yrs)Open 2 1,725.00 $1,725.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
950–965 958 Young (2-4 yrs)Open 4 1,150.00–1,200.00 $1,174.80 —

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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.