Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, December 11, 2023

577 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $213.84/cwt +22.34 vs last sale · ≈ $1,155/hd at 540 lb · 18 head
light 4-weight M&L 1 heifers $246.62/cwt +32.33 vs last sale · ≈ $1,063/hd at 431 lb · 16 head
heavy 5-weight M&L 1 heifers $215.00/cwt +25.00 vs last sale · ≈ $1,198/hd at 557 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 577 415 531
Feeder cattle 329 390 448
Slaughter cattle 77 16 44
Replacement cattle 171 9 39

Market comments — USDA reporter

Good day, as compared to the last market light feeder calves were 2-5 higher, others were steady. Slaughter cattle were steady. Sold several red angus virgin bulls brought from $3200-4900.00

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
255–290 273 2 298.00–303.00 $300.34 $820 +15.06
305–310 308 2 288.00–290.00 $289.01 $890 -0.99
355 355 1 290.00 $290.00 $1,030 —
405 405 1 280.00 $280.00 $1,134 +30.00
505–535 520 2 238.00–240.00 $239.03 $1,243 —
590 590 11 233.00 $233.00 $1,375 -2.22
605–640 623 2 205.00–215.00 $209.86 $1,307 —
670 670 2 205.00 $205.00 $1,374 -6.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 280.00 $280.00 $924 +9.76
360–365 363 2 280.00 $280.00 $1,016 —
445 445 1 258.00 $258.00 $1,148 —
474 474 10 261.00 $261.00 $1,237 +26.00
505–540 523 2 211.00–230.00 $220.18 $1,152 -1.82
580 580 1 229.00 $229.00 $1,328 —
610 610 1 200.00 $200.00 $1,220 —
705 705 1 201.00 $201.00 $1,417 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 323 3 260.00–268.00 $264.20 $853 +6.20
350 350 1 263.00 $263.00 $920 +6.45
435 435 1 250.00 $250.00 $1,088 +25.00
460–485 481 9 245.00–255.00 $252.94 $1,217 +20.94
510 510 1 217.00 $217.00 $1,107 —
550–585 568 2 210.00–215.00 $212.58 $1,207 +2.58
775 775 2 188.00 $188.00 $1,457 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
295 295 1 255.00 $255.00 $752 —
305–310 307 3 248.00–253.00 $250.32 $768 -7.86
370–375 373 2 245.00–248.00 $246.51 $919 —
420–445 431 16 242.00–249.00 $246.62 $1,063 +32.33
510–543 540 18 210.00–215.00 $213.84 $1,155 +22.34
557 557 12 215.00 $215.00 $1,198 +25.00
646 646 5 197.00 $197.00 $1,273 +5.83
650 650 6 194.00 $194.00 $1,261 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–335 323 2 239.00–240.00 $239.48 $774 -3.52
355–370 363 3 238.00–243.00 $240.65 $874 -0.96
430 430 1 238.00 $238.00 $1,023 —
460–470 465 2 228.00–232.00 $229.98 $1,069 +28.95
530 530 1 199.00 $199.00 $1,055 +14.00
601 601 4 186.00 $186.00 $1,118 —
650–665 658 2 180.00–185.00 $182.47 $1,201 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 232.00 $232.00 $708 -2.00
380 380 1 230.00 $230.00 $874 -2.06
420–437 435 11 210.00–223.00 $221.50 $964 —
520–530 525 2 182.00–193.00 $187.55 $985 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–425 418 2 240.00–248.00 $244.07 $1,020 +7.58
480 480 1 245.00 $245.00 $1,176 +13.49
525–535 530 2 215.00–218.00 $216.49 $1,147 —
690 690 1 185.00 $185.00 $1,276 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425–440 433 2 250.00–260.00 $255.09 $1,105 +3.96
510 510 1 233.00 $233.00 $1,188 +2.31
605–630 618 2 190.00–194.00 $192.04 $1,187 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 224.00 $224.00 $941 +1.37
460–480 470 2 230.00–235.00 $232.45 $1,093 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–985 905 85-90% 2 63.00–70.00 $66.81 $605 —
945–1040 1003 85-90% 3 72.00–76.00 $73.95 $742 —
945–1100 1036 85-90% 4 78.00–85.00 $81.08 $840 +3.33
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1210 1210 80-85% 1 89.00 $89.00 $1,077 +3.33
1105–1420 1255 80-85% 3 91.00–94.00 $92.63 $1,163 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1450 1450 75-80% 1 87.50 $87.50 $1,269 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1675 1675 1 105.00 $105.00 $1,759 —
1585–2145 1840 3 110.00–113.00 $111.25 $2,047 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
900 900 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,360.00 $1,360.00
1090–1280 1165 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 3 1,300.00–1,530.00 $1,448.64
1180–1280 1230 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,210.00–1,430.00 $1,315.53
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
915 915 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,020.00 $1,020.00
770–1250 1010 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 850.00–1,090.00 $998.51
1035 1035 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,000.00 $1,000.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1005 1005 Young (2-4 yrs)Open 2 1,400.00 $1,400.00 —
1230–1445 1325 Young (2-4 yrs)Open 6 1,550.00–1,775.00 $1,660.50 —
1695 1695 Young (2-4 yrs)Open 2 1,750.00 $1,750.00 —
1860 1860 Middle Aged (5-8 yrs)Open 2 2,300.00 $2,300.00 —

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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.