Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 29, 2024

311 head sold ·Official USDA report

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

light 5-weight M&L 1-2 heifers $264.00/cwt ≈ $1,378/hd at 522 lb · 11 head
light 5-weight M&L 1 steers $293.28/cwt +18.67 vs last sale · ≈ $1,590/hd at 542 lb · 11 head
light 3-weight M&L 2 steers $342.04/cwt ≈ $1,125/hd at 329 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 311 726 141
Feeder cattle 270 619 112
Slaughter cattle 27 56 18
Replacement cattle 14 51 11

Market comments — USDA reporter

Good day, as compared to the last market feeder calves have gone wild market is 10-15 higher and slaughter cattle 5-8 higher.

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
280–290 285 2 353.00–358.00 $355.54 $1,013 —
305–335 329 11 323.00–345.00 $342.04 $1,125 —
350–385 364 5 325.00–343.00 $335.15 $1,220 +34.50
415–445 428 4 316.00–328.00 $320.97 $1,374 +33.75
489 489 6 310.00 $310.00 $1,516 +21.67
505–510 508 2 270.00–278.00 $274.02 $1,392 —
560 560 1 285.00 $285.00 $1,596 +22.36
610–612 612 8 240.00–245.00 $244.38 $1,496 +14.38
825 825 1 206.00 $206.00 $1,700 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280 280 2 370.00–375.00 $372.50 $1,043 +54.50
375–385 380 2 345.00–348.00 $346.48 $1,317 +37.46
415 415 2 340.00–352.00 $346.00 $1,436 +32.00
540–543 542 11 290.00–296.00 $293.28 $1,590 +18.67
570–597 588 3 290.00–298.00 $295.41 $1,737 +26.08
620 620 1 258.00 $258.00 $1,600 +7.28
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 320.00 $320.00 $992 —
360–385 373 2 310.00–315.00 $312.42 $1,165 +32.42
405–445 432 5 298.00–310.00 $302.65 $1,307 +38.65
460 460 1 298.00 $298.00 $1,371 +38.00
775 775 1 210.00 $210.00 $1,628 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265 265 1 310.00 $310.00 $822 +22.00
305–340 323 2 293.00–295.00 $293.95 $949 —
370–390 380 2 290.00 $290.00 $1,102 +25.34
405–415 411 4 263.00–270.00 $266.51 $1,095 +1.06
505–535 521 9 240.00–250.00 $244.77 $1,275 -5.51
601–645 610 9 224.00–229.00 $228.30 $1,393 +8.32
705 705 1 230.00 $230.00 $1,622 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 280.00 $280.00 $812 +10.00
305–345 337 10 278.00–286.00 $284.38 $958 +25.38
350–375 361 4 280.00–288.00 $281.94 $1,018 —
455–460 458 2 241.00–250.00 $245.48 $1,124 —
525–530 528 2 228.00–233.00 $230.49 $1,217 -7.52
580 580 1 230.00 $230.00 $1,334 -6.29
748 748 7 210.00 $210.00 $1,571 +15.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
522 522 11 264.00 $264.00 $1,378 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–390 377 3 268.00–275.00 $270.97 $1,022 —
420 420 1 225.00 $225.00 $945 —
605 605 1 190.00 $190.00 $1,150 —
670–680 673 3 190.00–200.00 $193.37 $1,301 —
780 780 1 197.00 $197.00 $1,537 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 260.00 $260.00 $1,157 ±0.00
455–470 463 2 265.00–268.00 $266.48 $1,234 —
550–555 553 2 260.00–267.00 $263.48 $1,457 +25.19
795 795 1 200.00 $200.00 $1,590 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–455 453 2 272.00–282.00 $276.97 $1,255 —
545 545 1 280.00 $280.00 $1,526 —
550 550 1 272.00 $272.00 $1,496 +17.00
610 610 1 215.00 $215.00 $1,312 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525–545 533 3 250.00–256.00 $252.67 $1,347 +32.67

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1000–1095 1048 80-85% 2 96.00–98.00 $96.95 $1,016 —
1045–1570 1325 80-85% 5 102.50–108.00 $105.09 $1,392 +1.62
1290–1860 1521 80-85% 4 110.00–115.00 $112.40 $1,710 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
940–1325 1133 85-90% 2 90.00–95.00 $92.08 $1,043 +4.43
1240 1240 85-90% 1 85.00 $85.00 $1,054 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1365–1745 1493 3 122.00–129.00 $124.90 $1,865 —
1695 1695 1 134.00 $134.00 $2,271 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1695 1695 1 115.00 $115.00 $1,949 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
970 970 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,000.00 $1,000.00
1185 1185 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,025.00 $1,025.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1150 1150 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,200.00 $1,200.00

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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.