Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, September 18, 2023

620 head sold ·Official USDA report

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

light 4-weight M&L 1 heifers $247.65/cwt +15.71 vs last sale · ≈ $1,020/hd at 412 lb · 19 head
light 5-weight M&L 1 heifers $219.09/cwt +3.59 vs last sale · ≈ $1,146/hd at 523 lb · 17 head
light 4-weight M&L 3 steers $261.22/cwt +16.31 vs last sale · ≈ $1,139/hd at 436 lb · 13 head

Receipts

HeadThis saleLast saleLast year
Total receipts 620 581 355
Feeder cattle 525 472 281
Slaughter cattle 71 65 53
Replacement cattle 24 44 21

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 3-5 higher and slaughter cows and bulls were 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
270 270 1 293.00 $293.00 $791 —
375 375 1 298.00 $298.00 $1,118 —
405–430 420 4 280.00–295.00 $287.57 $1,208 +20.22
460 460 1 295.00 $295.00 $1,357 +28.01
520–525 525 12 245.00–248.00 $245.25 $1,288 -11.50
550 550 1 240.00 $240.00 $1,320 -15.00
605–635 618 5 222.00–230.00 $225.04 $1,391 -16.45
735 735 1 219.00 $219.00 $1,610 —
785 785 1 220.00 $220.00 $1,727 —
845 845 1 200.00 $200.00 $1,690 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 250.00 $250.00 $812 ±0.00
355–380 367 5 253.00–260.00 $257.20 $944 +3.20
405–443 436 13 250.00–264.00 $261.22 $1,139 +16.31
455–490 468 3 247.00–263.00 $257.09 $1,203 +10.09
535 535 1 210.00 $210.00 $1,124 -24.01
550–595 563 4 210.00–220.00 $216.29 $1,218 -19.63
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285 285 1 283.00 $283.00 $807 —
355–375 363 3 268.00–273.00 $269.63 $979 -2.10
435–440 436 4 268.00–272.00 $270.50 $1,179 +13.16
450–455 453 2 265.00–268.00 $266.51 $1,207 +7.18
545 545 1 224.00 $224.00 $1,221 -22.51
585–590 587 9 224.00–226.00 $224.44 $1,317 —
665–695 680 2 216.00–218.00 $217.02 $1,476 -2.98
705 705 1 211.00 $211.00 $1,488 —
750–785 768 2 213.00–214.00 $213.49 $1,640 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
507 507 4 250.00 $250.00 $1,268 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 335 3 240.00–248.00 $244.22 $818 +6.22
380–390 384 4 240.00–250.00 $244.78 $940 +3.42
405–430 412 19 240.00–250.00 $247.65 $1,020 +15.71
510–545 523 17 217.00–222.00 $219.09 $1,146 +3.59
608–635 615 4 212.00–221.00 $215.80 $1,327 +16.01
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 272.00 $272.00 $830 —
405–445 423 3 236.00–238.00 $236.70 $1,001 —
465–485 475 2 236.00–238.00 $236.98 $1,126 +12.39
505–525 509 5 211.00–213.00 $211.61 $1,077 +9.05
585–590 588 2 210.00–212.00 $211.00 $1,241 +8.39
605–625 613 5 200.00–210.00 $205.84 $1,262 +15.84
665–680 672 3 200.00–207.00 $203.97 $1,371 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–385 372 3 221.00–230.00 $226.23 $842 +4.23
405–410 408 2 224.00–225.00 $224.50 $916 +6.50
450–485 474 4 220.00–226.00 $223.22 $1,058 +9.29
540 540 1 200.00 $200.00 $1,080 —
625 625 1 190.00 $190.00 $1,188 —
745 745 1 192.00 $192.00 $1,430 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
568 568 3 233.00 $233.00 $1,323 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
436 436 4 233.00 $233.00 $1,016 —
460–495 480 6 225.00–237.00 $230.31 $1,105 -6.14
525 525 1 210.00 $210.00 $1,102 -2.56
555–580 566 4 210.00–218.00 $213.49 $1,208 +6.94
610–640 627 7 200.00–208.00 $204.72 $1,284 +16.72
660–685 677 4 200.00–211.00 $207.73 $1,406 +17.73
705 705 1 201.00 $201.00 $1,417 +11.07
760–780 770 2 195.00–200.00 $197.47 $1,521 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–425 418 2 240.00–245.00 $242.54 $1,014 -3.65
480 480 1 240.00 $240.00 $1,152 -3.93
505–535 526 7 219.00–225.00 $221.13 $1,163 -3.82
550 550 2 219.00–222.00 $220.50 $1,213 —
615–640 628 2 216.00–222.00 $219.06 $1,376 +17.06
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
595 595 1 208.00 $208.00 $1,238 +9.96

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1030–1345 1191 80-85% 8 101.00–105.00 $103.29 $1,230 —
1075–1435 1249 80-85% 8 93.00–99.00 $96.79 $1,209 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
885–1185 987 85-90% 3 71.00–77.00 $74.80 $738 +2.46
890–1100 1021 85-90% 7 86.00–91.00 $88.13 $900 —
965–1100 1030 85-90% 3 80.00–84.00 $81.33 $838 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1150–1615 1315 75-80% 4 88.00–94.00 $91.73 $1,206 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1185–1445 1358 3 118.00–119.00 $118.35 $1,607 —
1425–1970 1653 6 120.00–125.50 $122.38 $2,023 +0.85
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1525–1665 1595 2 114.00–115.00 $114.48 $1,826 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
760–930 854 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 4 1,250.00–1,500.00 $1,398.32
1325 1325 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,600.00 $1,600.00
1460 1460 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,625.00 $1,625.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
940 940 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,100.00 $1,100.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
945–975 960 Young (2-4 yrs)Open 4 1,200.00–1,400.00 $1,298.44 —

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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.