Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, December 4, 2023

415 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $214.43/cwt -10.63 vs last sale · ≈ $1,034/hd at 482 lb · 29 head
light 5-weight M&L 1-2 steers $248.00/cwt ≈ $1,347/hd at 543 lb · 27 head
heavy 5-weight M&L 3 steers $210.00/cwt -5.04 vs last sale · ≈ $1,178/hd at 561 lb · 23 head

Receipts

HeadThis saleLast saleLast year
Total receipts 415 644 560
Feeder cattle 390 484 500
Slaughter cattle 16 137 35
Replacement cattle 9 23 25

Market comments — USDA reporter

Good day, as compared to the last market light calves were 5- 10 higher, and steady on the others. Slaughter cattle were steady.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
543 543 27 248.00 $248.00 $1,347 —
567 567 16 250.00 $250.00 $1,418 —
638 638 15 221.00 $221.00 $1,410 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250–280 265 2 280.00–290.00 $285.28 $756 —
305 305 1 290.00 $290.00 $884 —
430 430 1 250.00 $250.00 $1,075 -24.05
457 457 14 254.00 $254.00 $1,161 —
555–556 556 9 229.00–236.00 $235.22 $1,308 —
668 668 4 211.00 $211.00 $1,409 —
717 717 20 216.00 $216.00 $1,549 —
805–808 807 4 190.00–193.00 $190.75 $1,539 —
1050 1050 1 135.00 $135.00 $1,418 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 258.00 $258.00 $851 +16.12
355–365 360 2 253.00–260.00 $256.55 $924 +3.55
442 442 6 225.00 $225.00 $994 -14.03
490 490 1 232.00 $232.00 $1,137 -11.86
561 561 23 210.00 $210.00 $1,178 -5.04
725 725 1 175.00 $175.00 $1,269 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–330 315 5 265.00–275.00 $270.24 $851 +8.74
405 405 2 235.00–240.00 $237.50 $962 -20.03
460 460 1 235.00 $235.00 $1,081 -23.00
502 502 5 222.00 $222.00 $1,114 -10.51
870 870 1 170.00 $170.00 $1,479 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–335 319 4 250.00–263.00 $258.18 $824 —
403–435 411 6 210.00–216.00 $214.29 $881 -5.71
455–486 482 29 208.00–215.00 $214.43 $1,034 -10.63
505–530 516 10 189.00–195.00 $191.50 $988 +1.50
570 570 1 190.00 $190.00 $1,083 -5.00
615–636 632 5 190.00–196.00 $191.17 $1,208 +1.17
1008 1008 2 125.00 $125.00 $1,260 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 8 220.00 $220.00 $957 —
525–541 530 10 205.00–209.00 $207.77 $1,101 -8.23
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 2 239.00–247.00 $243.00 $814 +18.00
350–380 365 3 238.00–245.00 $241.61 $882 +16.48
465–480 473 2 199.00–203.00 $201.03 $951 -11.91
520 520 1 185.00 $185.00 $962 ±0.00
725–740 733 2 182.00–183.00 $182.51 $1,338 —
758 758 4 177.00 $177.00 $1,342 +5.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 234.00 $234.00 $760 +25.50
375–390 383 2 229.00–235.00 $232.06 $889 +19.56

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435–440 439 4 230.00–240.00 $236.49 $1,038 +13.49
455–480 468 2 231.00–232.00 $231.51 $1,083 +9.84
605 605 1 180.00 $180.00 $1,089 +5.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–445 418 3 248.00–255.00 $251.13 $1,050 —
505–525 515 3 227.00–235.00 $230.69 $1,188 +8.44
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–430 422 3 220.00–225.00 $222.63 $939 —
525–540 533 2 200.00–210.00 $204.93 $1,092 +16.93
670 670 1 168.00 $168.00 $1,126 ±0.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
845 845 85-90% 1 51.00 $51.00 $431 —
1045 1045 85-90% 1 77.75 $77.75 $812 —
970–1170 1047 85-90% 5 80.00–84.00 $81.42 $852 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1130 1130 80-85% 1 90.00 $90.00 $1,017 +2.04
1205–1245 1232 80-85% 3 85.00–86.50 $85.67 $1,055 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1255 1255 1 100.00 $100.00 $1,255 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1185 1185 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,400.00 $1,400.00
1180–1200 1190 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,150.00–1,220.00 $1,185.29
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
950 950 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,000.00 $1,000.00
1105 1105 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,070.00 $1,070.00

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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.