Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 8, 2024

442 head sold ·Official USDA report

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

light 6-weight M&L 1 heifers $213.57/cwt -4.75 vs last sale · ≈ $1,311/hd at 614 lb · 21 head
light 5-weight M&L 1 heifers $238.45/cwt +23.45 vs last sale · ≈ $1,273/hd at 534 lb · 19 head
light 7-weight M&L 2 steers $212.94/cwt ≈ $1,544/hd at 725 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 442 574 340
Feeder cattle 365 527 262
Slaughter cattle 46 43 40
Replacement cattle 31 4 38

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cattle were steady. Sold some really nice groups of weaned calves today.

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
275 275 1 293.00 $293.00 $806 —
318 318 1 305.00 $305.00 $970 —
355–380 367 3 295.00–300.00 $297.72 $1,093 +15.60
405–442 432 5 265.00–275.00 $271.34 $1,172 +12.34
455–495 474 5 268.00–273.00 $270.34 $1,281 —
520–537 534 12 251.00–260.00 $258.61 $1,381 +21.61
565–575 571 4 254.00–258.00 $256.26 $1,463 +16.26
605–645 628 3 218.00–221.00 $219.65 $1,379 —
708–735 725 17 212.00–213.00 $212.94 $1,544 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260–290 276 4 313.00–320.00 $316.99 $875 +13.99
315–320 318 2 308.00–315.00 $311.53 $991 —
410–425 418 2 280.00–281.00 $280.49 $1,172 +4.38
460 460 1 290.00 $290.00 $1,334 —
505–522 518 7 264.00–270.00 $268.44 $1,391 +13.14
610–645 628 2 228.00–237.00 $232.63 $1,461 -1.37
656–676 670 10 231.00–235.00 $232.17 $1,556 —
720 720 1 220.00 $220.00 $1,584 +12.00
950 950 2 199.00 $199.00 $1,890 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–395 375 5 278.00–285.00 $281.67 $1,056 —
425 425 1 250.00 $250.00 $1,062 —
470 470 1 260.00 $260.00 $1,222 +13.76
525–535 529 4 240.00–249.00 $244.24 $1,292 —
560 560 1 243.00 $243.00 $1,361 —
715–732 726 3 200.00–210.00 $206.72 $1,501 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
634 634 11 250.00 $250.00 $1,585 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 2 275.00–278.00 $276.50 $954 —
380 380 1 268.00 $268.00 $1,018 +13.81
410–440 424 4 240.00–248.00 $243.94 $1,034 -1.39
505–545 534 19 235.00–244.00 $238.45 $1,273 +23.45
605–640 614 21 213.00–218.00 $213.57 $1,311 -4.75
815 815 1 179.00 $179.00 $1,459 —
850–855 853 2 171.00–177.00 $173.99 $1,484 —
920 920 1 189.00 $189.00 $1,739 —
1085 1085 1 129.00 $129.00 $1,400 —
1175–1190 1183 2 128.00–132.00 $130.01 $1,538 —
1210 1210 1 132.00 $132.00 $1,597 —
1390 1390 1 124.00 $124.00 $1,724 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 250.00 $250.00 $725 —
315–330 322 3 253.00–263.00 $258.66 $833 —
350 350 1 258.00 $258.00 $903 +13.00
405–435 425 3 232.00–239.00 $235.98 $1,003 +9.49
460–475 465 3 231.00–239.00 $235.29 $1,094 +0.84
505–545 528 4 220.00–231.00 $223.92 $1,182 +26.85
615 615 1 193.00 $193.00 $1,187 —
735–743 742 6 187.00–195.00 $188.32 $1,397 —
1310 1310 1 120.00 $120.00 $1,572 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370–395 378 6 245.00–255.00 $249.61 $944 +19.61
490 490 1 215.00 $215.00 $1,054 +1.36
505–545 525 2 206.00–210.00 $207.92 $1,092 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 3 253.00 $253.00 $1,126 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–425 415 2 273.00–275.00 $273.98 $1,137 +10.98
525 525 1 240.00 $240.00 $1,260 -15.00
645 645 1 216.00 $216.00 $1,393 —
670 670 1 208.00 $208.00 $1,394 —
725 725 1 203.00 $203.00 $1,472 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–480 473 2 252.00–257.00 $254.54 $1,204 +7.57
575 575 1 220.00 $220.00 $1,265 —
655 655 1 199.00 $199.00 $1,303 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495 495 1 231.00 $231.00 $1,143 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
885–1210 1023 85-90% 3 64.00–70.00 $66.12 $676 -15.44
890–1270 1080 85-90% 2 74.00–80.00 $76.47 $826 +3.10
1090–1180 1131 85-90% 4 81.50–86.00 $83.43 $944 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
960–1015 992 80-85% 3 88.00–90.00 $89.01 $883 —
1125–1485 1301 80-85% 6 91.00–95.00 $92.79 $1,207 +2.03

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1715–1840 1778 2 114.50–115.00 $114.76 $2,040 —
1830–1990 1910 2 117.50–121.00 $119.18 $2,276 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1395–1430 1413 2 105.00–106.00 $105.51 $1,491 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
980–1245 1107 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,100.00–1,300.00 $1,190.34
1120 1120 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,100.00 $1,100.00
1250 1250 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,185.00 $1,185.00

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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.