Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, November 6, 2023

508 head sold ·Official USDA report

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

light 5-weight M&L 1-2 steers $257.19/cwt ≈ $1,314/hd at 511 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 508 335 539
Feeder cattle 360 259 430
Slaughter cattle 126 49 53
Replacement cattle 22 27 56

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-12 higher and slaughter cattle were 2-5 higher.

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
335–340 338 2 285.00–290.00 $287.52 $972 —
360–390 370 4 280.00–288.00 $283.22 $1,048 —
405–445 420 4 278.00–285.00 $280.82 $1,179 +11.83
460 460 1 280.00 $280.00 $1,288 —
505–515 511 4 243.00–253.00 $247.99 $1,267 +17.99
620 620 1 220.00 $220.00 $1,364 +7.52
650–660 655 2 220.00–223.00 $221.51 $1,451 —
715 715 6 215.00 $215.00 $1,537 +4.00
750 750 1 200.00 $200.00 $1,500 —
825–835 830 2 195.00–206.00 $200.53 $1,664 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–325 318 3 270.00–278.00 $272.55 $867 —
355–395 379 5 265.00–278.00 $270.84 $1,026 +18.80
405–440 422 7 260.00–268.00 $265.73 $1,121 +28.27
535–545 540 2 235.00–241.00 $238.03 $1,285 +26.77
555–585 570 2 235.00–237.00 $235.97 $1,345 +20.97
605 605 1 210.00 $210.00 $1,270 +8.00
675 675 1 200.00 $200.00 $1,350 —
705 705 1 196.00 $196.00 $1,382 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 255.00 $255.00 $854 +11.00
375 375 1 250.00 $250.00 $938 +10.09
415–445 430 2 255.00 $255.00 $1,096 —
477–495 479 9 255.00–258.00 $257.66 $1,234 —
535 535 1 217.00 $217.00 $1,161 +17.00
555–575 568 3 216.00–227.00 $222.62 $1,264 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
506–513 511 10 256.00–260.00 $257.19 $1,314 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–360 355 2 228.00 $228.00 $809 —
435–445 440 3 218.00–224.00 $220.34 $969 +11.34
450–480 463 8 218.00–226.00 $223.63 $1,035 —
515–535 525 3 211.00–214.00 $212.67 $1,117 +17.50
560 560 1 218.00 $218.00 $1,221 —
678–695 680 7 200.00–205.00 $204.27 $1,389 —
1010 1010 1 172.00 $172.00 $1,737 —
1050 1050 1 166.00 $166.00 $1,743 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–340 325 2 216.00–220.00 $218.09 $709 —
360–395 379 5 216.00–221.00 $217.80 $825 +6.72
405–445 428 5 210.00–215.00 $212.18 $908 +18.15
465–475 470 2 205.00–210.00 $207.47 $975 +12.23
525–545 538 5 201.00–209.00 $206.42 $1,111 +19.24
555–585 570 4 198.00–208.00 $202.72 $1,156 +11.72
610 610 1 190.00 $190.00 $1,159 +2.00
775–790 783 2 185.00–190.00 $187.52 $1,468 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–345 338 2 205.00–210.00 $207.56 $702 —
385–395 390 2 201.00–205.00 $203.03 $792 +3.03
405–445 431 4 190.00–200.00 $194.91 $840 +14.91
575–585 580 2 182.00–190.00 $186.03 $1,079 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 1 240.00 $240.00 $1,020 -17.83
485 485 1 245.00 $245.00 $1,188 —
505–525 513 3 216.00–225.00 $222.02 $1,139 +24.53
605–625 615 3 200.00 $200.00 $1,230 +12.83
905–945 925 2 110.00–115.00 $112.55 $1,041 —
1105 1105 1 110.00 $110.00 $1,216 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 1 200.00 $200.00 $1,010 —
585 585 1 200.00 $200.00 $1,170 +17.99
605 605 1 180.00 $180.00 $1,089 —
650 650 1 172.00 $172.00 $1,118 +2.00
745 745 1 178.00 $178.00 $1,326 +5.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 1 238.00 $238.00 $1,142 +6.00
525 525 1 213.00 $213.00 $1,118 +23.00
555 555 1 210.00 $210.00 $1,166 +17.00
620 620 1 184.00 $184.00 $1,141 +1.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
875–1105 990 85-90% 2 55.00–60.00 $57.79 $572 -9.90
920–1125 1009 85-90% 4 68.00–75.50 $71.19 $718 -4.57
990–1490 1162 85-90% 8 77.00–84.00 $80.50 $935 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
970–1315 1214 80-85% 8 85.00–90.50 $87.85 $1,066 —
1375–1725 1505 80-85% 4 91.00–97.00 $93.47 $1,407 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1340–1500 1417 75-80% 3 82.50–85.00 $84.21 $1,193 +4.04

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1390–1710 1509 6 102.50–110.00 $107.36 $1,620 —
1315–1745 1532 3 114.00–121.00 $116.94 $1,792 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1050 1050 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 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1285–1345 1315 Middle Aged (5-8 yrs)Open 4 1,350.00–1,410.00 $1,380.68 -119.32

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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.