Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, October 2, 2023

421 head sold ·Official USDA report

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

light 6-weight M&L 2 steers $215.40/cwt -9.37 vs last sale · ≈ $1,323/hd at 614 lb · 13 head
heavy 5-weight M&L 1 heifers $200.00/cwt -29.00 vs last sale · ≈ $1,108/hd at 554 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 421 680 672
Feeder cattle 291 557 402
Slaughter cattle 94 99 42
Replacement cattle 36 24 228

Market comments — USDA reporter

Good day, as compared to the last market feeder steers were a little cheaper and heifers 3-7 lower. Slaughter cattle were 5 lower.

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
360–390 380 5 258.00–265.00 $262.69 $998 -6.52
470–495 480 3 248.00–253.00 $250.30 $1,201 -4.10
515 515 1 240.00 $240.00 $1,236 ±0.00
555 555 2 233.00–238.00 $235.50 $1,307 -5.66
611–640 614 13 215.00–220.00 $215.40 $1,323 -9.37
685–690 688 3 215.00–218.00 $216.00 $1,486 -3.32
710 710 1 210.00 $210.00 $1,491 -8.49
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–375 363 3 270.00–275.00 $272.68 $990 —
410–425 416 4 260.00–265.00 $263.27 $1,095 -8.21
520–535 525 3 242.00–253.00 $249.03 $1,307 -9.70
550 550 1 244.00 $244.00 $1,342 -6.00
880 880 1 200.00 $200.00 $1,760 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 245.00 $245.00 $784 -11.98
380–390 385 2 240.00 $240.00 $924 -13.78
450 450 1 243.00 $243.00 $1,094 —
520–530 523 3 215.00–223.00 $219.31 $1,147 -0.69
585 585 1 220.00 $220.00 $1,287 -7.58
705 705 1 190.00 $190.00 $1,340 -20.00
755 755 1 190.00 $190.00 $1,434 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–435 427 7 220.00–231.00 $227.62 $972 -13.03
470–495 483 2 221.00–225.00 $222.95 $1,077 -15.05
515–530 523 4 205.00–210.00 $208.77 $1,092 -27.23
552–580 554 12 200.00 $200.00 $1,108 —
605–640 627 3 191.00–200.00 $194.72 $1,221 -23.28
662 662 2 195.00 $195.00 $1,291 -20.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 225.00 $225.00 $754 —
375–390 380 3 225.00–233.00 $229.34 $871 +0.83
405–445 425 5 210.00–219.00 $215.19 $915 -16.29
450–495 478 6 210.00–219.00 $213.88 $1,022 -16.80
540–545 543 2 190.00–197.00 $193.52 $1,051 -22.48
555 555 1 190.00 $190.00 $1,054 -29.75
605 605 1 185.00 $185.00 $1,119 -13.18
690 690 1 185.00 $185.00 $1,276 —
735 735 1 173.00 $173.00 $1,272 -25.46
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 215.00 $215.00 $688 -5.00
355–380 368 2 215.00 $215.00 $791 —
410 410 1 205.00 $205.00 $840 -15.00
465–482 480 7 195.00–200.00 $199.31 $957 -18.65
570 570 1 180.00 $180.00 $1,026 -20.00
635 635 1 180.00 $180.00 $1,143 -10.50
740 740 1 170.00 $170.00 $1,258 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–425 420 2 235.00–236.00 $235.49 $989 —
485 485 1 231.00 $231.00 $1,120 —
505–540 523 3 201.00–210.00 $206.44 $1,080 —
560 560 1 200.00 $200.00 $1,120 -5.02
655 655 1 186.00 $186.00 $1,218 -7.00
725 725 1 182.00 $182.00 $1,320 -6.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430–435 433 2 240.00 $240.00 $1,039 +10.00
470 470 1 240.00 $240.00 $1,128 +8.49
515 515 1 220.00 $220.00 $1,133 —
605–645 630 3 190.00–195.00 $191.69 $1,208 -22.92
650 650 1 195.00 $195.00 $1,268 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 210.00 $210.00 $850 —
505 505 1 190.00 $190.00 $960 —
560–590 572 3 188.00–198.00 $192.43 $1,101 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
870–1050 960 85-90% 2 61.00–69.00 $65.38 $628 —
755–1215 961 85-90% 7 71.00–77.00 $73.90 $710 —
860–1060 979 85-90% 8 82.00–86.00 $84.22 $825 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955–1140 1054 80-85% 7 90.00–95.00 $92.66 $977 —
1130–1505 1303 80-85% 4 99.00–105.00 $102.38 $1,334 -0.09
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1285–1500 1390 75-80% 5 85.00–90.00 $87.42 $1,215 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1415–1700 1513 3 110.00–115.50 $113.59 $1,719 —
1450–1710 1631 5 119.00–124.00 $122.17 $1,993 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1150 1150 1 100.00 $100.00 $1,150 —
1375–1580 1473 4 103.50–108.00 $105.37 $1,552 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
865–935 900 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 940.00–1,000.00 $968.83
840–975 908 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 2 980.00–1,000.00 $989.26
1090 1090 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 960.00 $960.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1040 1040 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,200.00 $1,200.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1030 1030 Young (2-4 yrs)Open 2 1,200.00 $1,200.00 —

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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.