Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, November 27, 2023

644 head sold ·Official USDA report

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

HeadThis saleLast saleLast year
Total receipts 644 345 537
Feeder cattle 484 230 411
Slaughter cattle 137 73 68
Replacement cattle 23 42 58

Good day, as compared to the last market number 1 feeder calves were steady. Not so trendy calves were 10-15 in spots cheaper. This is why it really pays to have good bulls on your cows. Slaughter cows and bulls were steady.

New to these tables? Plain-English explainers ↓

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 2 260.00–263.00 $261.50 $902
365–385 372 3 260.00–270.00 $264.31 $983 -9.09
410–446 434 9 253.00–261.00 $257.53 $1,118 -5.50
450 450 2 253.00–263.00 $258.00 $1,161 -12.00
505–510 508 2 230.00–235.00 $232.51 $1,181 +3.61
555–568 566 9 233.00–240.00 $234.21 $1,326 -0.79
605 605 1 190.00 $190.00 $1,150
650 650 2 205.00 $205.00 $1,332
715 715 1 182.00 $182.00 $1,301
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 325 2 240.00–244.00 $241.88 $786 -25.12
395 395 1 253.00 $253.00 $999 -14.98
415–440 428 2 238.00–240.00 $239.03 $1,023 -11.99
450–495 472 5 233.00–249.00 $243.86 $1,151 -9.10
505–540 524 6 210.00–219.00 $216.74 $1,136 +2.74
555–562 560 3 205.00–220.00 $215.04 $1,204 +1.40
675 675 1 170.00 $170.00 $1,148
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
245 245 1 293.00 $293.00 $718
405–415 410 2 270.00–278.00 $274.05 $1,124 -4.28
505–540 521 4 242.00–251.00 $245.07 $1,277 -0.25
610–620 615 2 215.00–220.00 $217.52 $1,338 +7.52
875 875 1 180.00 $180.00 $1,575

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Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 225.00 $225.00 $776
350–355 351 7 220.00–226.00 $225.13 $790 +1.54
410–420 413 3 202.00–215.00 $207.29 $856 -9.37
480–492 485 9 200.00–217.00 $212.94 $1,033 +0.94
543 543 8 185.00 $185.00 $1,005
550–580 562 3 180.00–183.00 $181.67 $1,021
615 615 2 180.00 $180.00 $1,107
775 775 1 172.00 $172.00 $1,333
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 220.00 $220.00 $968 -6.76
460–475 468 2 221.00–229.00 $225.06 $1,053 +2.03
510–545 528 2 190.00 $190.00 $1,003 -1.00
550 550 1 195.00 $195.00 $1,072 +1.98
602 602 7 190.00 $190.00 $1,144
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 2 207.00–210.00 $208.50 $657 +3.69
370 370 2 210.00–215.00 $212.50 $786
420–440 430 2 190.00 $190.00 $817
465–490 478 2 180.00–182.00 $181.03 $865 -18.45
510 510 1 170.00 $170.00 $867
575 575 1 170.00 $170.00 $978 -15.00
620–625 623 2 160.00–170.00 $165.02 $1,028
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
516 516 4 216.00 $216.00 $1,115

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Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 223.00 $223.00 $970 -2.66
475–495 485 3 220.00–225.00 $221.67 $1,075 +0.36
550 550 1 215.00 $215.00 $1,182 +15.00
610 610 1 175.00 $175.00 $1,068 -8.00
715 715 1 175.00 $175.00 $1,251
810 810 1 160.00 $160.00 $1,296
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505–510 509 4 220.00–228.00 $222.25 $1,131 +0.80
605 605 1 180.00 $180.00 $1,089 -21.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
535 535 1 188.00 $188.00 $1,006
585 585 1 185.00 $185.00 $1,082
670 670 1 168.00 $168.00 $1,126
775 775 1 155.00 $155.00 $1,201

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Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
830–955 893 85-90% 2 63.00–65.00 $64.07 $572
815–1025 894 85-90% 6 68.00–74.00 $71.11 $636
805–1175 997 85-90% 6 75.00–81.00 $78.44 $782 +20.79
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
960–1355 1115 80-85% 8 84.00–91.50 $87.96 $981
1165–1460 1291 80-85% 6 92.00–97.00 $94.07 $1,214
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1335–1560 1459 75-80% 4 82.00–87.50 $84.57 $1,234

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1230–1700 1510 3 90.00–96.00 $93.21 $1,407
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1730 1730 1 114.00 $114.00 $1,972 -0.27

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Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1200 1200 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,200.00 $1,200.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1305 1305 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,175.00 $1,175.00

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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.