Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, October 16, 2023

280 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 280 444 452
Feeder cattle 196 293 280
Slaughter cattle 52 97 77
Replacement cattle 32 54 95

Market comments — USDA reporter

Good day, as compared to the last market feeder steers steady to 2-4 higher, heifers steady. Slaughter cows 2-3 higher and bulls steady. Sold some really nice home raised bred heifers black and black baldies 3-8 months bred @ $1600-2100.00.

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
305–345 330 5 268.00–273.00 $271.37 $896 +17.30
360–390 368 5 265.00–273.00 $269.23 $991 +16.23
420 420 2 260.00–265.00 $262.50 $1,102 +12.50
465–495 480 2 260.00 $260.00 $1,248 +10.43
505–535 520 3 230.00–233.00 $231.69 $1,205 -9.31
580 580 1 235.00 $235.00 $1,363 ±0.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–445 427 5 268.00–273.00 $270.62 $1,156 +10.62
490 490 1 268.00 $268.00 $1,313 —
540 540 1 250.00 $250.00 $1,350 -1.41
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 250.00 $250.00 $850 +5.84
365 365 1 258.00 $258.00 $942 +18.00
410 410 1 250.00 $250.00 $1,025 +12.31
550 550 1 220.00 $220.00 $1,210 —
605 605 1 200.00 $200.00 $1,210 ±0.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 427 3 207.00–212.00 $209.94 $896 -2.04
475–490 483 3 206.00–210.00 $208.35 $1,006 -6.65
510–540 523 5 201.00–205.00 $203.22 $1,063 +0.19
605–625 613 3 199.00–201.00 $200.01 $1,226 +1.01
827 827 2 185.00 $185.00 $1,530 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 213.00 $213.00 $650 -7.00
355–365 362 3 208.00–214.00 $209.96 $760 —
425–435 430 3 198.00–201.00 $199.01 $856 —
485 485 2 200.00–202.00 $201.00 $975 +4.84
520–530 525 2 191.00–195.00 $192.98 $1,013 —
560–590 573 3 190.00–198.00 $193.98 $1,112 +2.16
715–740 728 2 180.00–189.00 $184.42 $1,343 -1.59
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380 380 1 204.00 $204.00 $775 -8.48
510 510 1 188.00 $188.00 $959 -1.00
705 705 1 170.00 $170.00 $1,198 -5.00

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–475 463 4 240.00–248.00 $244.02 $1,130 +37.02
525 525 1 222.00 $222.00 $1,166 +32.00
615 615 1 201.00 $201.00 $1,236 +21.00
655 655 1 190.00 $190.00 $1,244 +10.00
740 740 1 180.00 $180.00 $1,332 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 233.00 $233.00 $944 —
565–595 582 3 191.00–198.00 $194.03 $1,129 +10.03
655–660 658 2 184.00–187.00 $185.49 $1,221 +16.49
730 730 1 170.00 $170.00 $1,241 +10.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–440 430 2 258.00–260.00 $259.02 $1,114 —
490 490 1 254.00 $254.00 $1,245 +30.22
505 505 1 238.00 $238.00 $1,202 +22.83
630 630 1 223.00 $223.00 $1,405 +25.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
885–1050 953 85-90% 3 53.00–57.00 $54.60 $520 —
1005–1165 1085 85-90% 2 63.50–69.00 $66.45 $721 -14.35
1000–1255 1136 85-90% 5 80.00–84.00 $82.35 $935 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1045–1495 1219 80-85% 7 85.00–90.00 $87.09 $1,062 +0.78
1205–1570 1388 80-85% 3 94.00–95.00 $94.52 $1,312 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1280–1495 1370 75-80% 3 81.00–85.00 $82.61 $1,132 +2.11

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1870 1870 1 116.50 $116.50 $2,179 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
925 925 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 800.00 $800.00
1120 1120 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,085.00 $1,085.00

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
810 810 (<2 yrs)1st Stage (1-3 mo) 1 1,450.00 $1,450.00
860–900 887 (<2 yrs)1st/2nd Stage (1-6 mo) 6 1,600.00–1,700.00 $1,667.67
930–1015 973 (<2 yrs)2nd Stage (4-6 mo) 4 1,840.00–2,010.00 $1,928.71
890–1175 1011 (<2 yrs)2nd/3rd Stage (4-9 mo) 12 1,850.00–2,100.00 $1,934.93

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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.