Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, October 9, 2023

444 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 444 421 633
Feeder cattle 293 291 484
Slaughter cattle 97 94 85
Replacement cattle 54 36 64

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-8 lower and slaughter cows about ten lower and bulls 2-5 lower. Hopefully we can get some much needed rain and turn this market around.

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
305–345 331 6 250.00–258.00 $254.07 $841 —
355 355 1 253.00 $253.00 $898 -9.69
415 415 1 250.00 $250.00 $1,038 —
455–470 463 2 245.00–254.00 $249.57 $1,156 -0.73
545 545 1 241.00 $241.00 $1,313 +1.00
585 585 1 235.00 $235.00 $1,375 -0.50
625 625 1 215.00 $215.00 $1,344 -0.40
650–690 673 3 214.00–215.00 $214.66 $1,445 -1.34
720–745 733 2 215.00–217.00 $216.02 $1,583 +6.02
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–330 318 2 240.00–248.00 $244.16 $776 -0.84
355 355 1 240.00 $240.00 $852 ±0.00
405–425 415 3 234.00–241.00 $237.69 $986 —
455–490 478 3 240.00–243.00 $241.02 $1,152 -1.98
545 545 2 224.00–225.00 $224.50 $1,224 +5.19
640 640 1 200.00 $200.00 $1,280 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335–345 340 2 265.00–270.00 $267.46 $909 —
375 375 1 265.00 $265.00 $994 -7.68
410–420 415 2 260.00 $260.00 $1,079 -3.27
505–515 509 5 246.00–256.00 $251.41 $1,280 +2.38
645 645 1 220.00 $220.00 $1,419 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–425 412 5 208.00–216.00 $211.98 $873 -15.64
475 475 3 215.00 $215.00 $1,021 -7.95
505–525 512 3 200.00–205.00 $203.03 $1,040 -5.74
605–630 618 2 199.00 $199.00 $1,230 +4.28
675 675 1 190.00 $190.00 $1,282 -5.00
720 720 1 189.00 $189.00 $1,361 —
795 795 1 189.00 $189.00 $1,503 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 220.00 $220.00 $682 -5.00
450–490 475 3 190.00–200.00 $196.16 $932 -17.72
550–595 571 4 190.00–197.00 $191.82 $1,095 +1.82
605–640 623 2 180.00–189.00 $184.63 $1,150 -0.37
665 665 1 186.00 $186.00 $1,237 +1.00
715–745 725 3 185.00–187.00 $186.01 $1,349 +13.01
835 835 1 170.00 $170.00 $1,420 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
514 514 7 208.00 $208.00 $1,069 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–370 368 2 210.00–215.00 $212.48 $782 -2.52
525 525 1 189.00 $189.00 $992 —
550 550 1 185.00 $185.00 $1,018 +5.00
720 720 1 175.00 $175.00 $1,260 +5.00

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 212.00 $212.00 $912 -23.49
495 495 1 207.00 $207.00 $1,025 -24.00
545 545 1 190.00 $190.00 $1,036 -16.44
550–590 568 4 191.00–200.00 $196.02 $1,113 -3.98
625 625 1 180.00 $180.00 $1,125 —
685 685 1 180.00 $180.00 $1,233 -6.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–485 475 4 220.00–230.00 $223.78 $1,063 -16.22
505–540 523 2 210.00–220.00 $215.17 $1,125 -4.83
615 615 1 198.00 $198.00 $1,218 +6.31
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
585 585 1 184.00 $184.00 $1,076 -8.43
685–690 688 2 168.00–170.00 $169.00 $1,163 —
715 715 1 160.00 $160.00 $1,144 —
790 790 1 152.00 $152.00 $1,201 —
885 885 1 150.00 $150.00 $1,328 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
905–1185 1014 85-90% 4 71.00–76.50 $73.70 $747 —
910–1130 1028 85-90% 4 65.00–70.00 $67.21 $691 —
955–1270 1087 85-90% 8 78.00–84.50 $80.80 $878 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1030–1385 1229 80-85% 5 85.00–87.00 $86.31 $1,061 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1380–1385 1383 75-80% 2 78.00–83.00 $80.50 $1,113 -6.92

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1320–1460 1402 3 112.50–115.50 $113.87 $1,596 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
890–970 930 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 2 970.00–990.00 $979.57
950 950 Young (2-4 yrs)1st Stage (1-3 mo) 1 835.00 $835.00
915–1050 987 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 3 920.00–1,050.00 $966.91
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1005 1005 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,150.00 $1,150.00
1125 1125 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,100.00 $1,100.00
1185–1285 1235 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 1,120.00–1,160.00 $1,140.81

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1290 1290 Young (2-4 yrs)Open 2 1,500.00 $1,500.00 —

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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.