Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, February 5, 2024

304 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 304 311 285
Feeder cattle 226 270 237
Slaughter cattle 45 27 18
Replacement cattle 33 14 30

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-10 higher, didn't have the weaned calves like last week. Slaughter cattle and bulls were steady, the cows weren't as good as last sale either.

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
255–275 265 2 335.00–348.00 $341.75 $906 -13.79
370–395 383 2 335.00–340.00 $337.58 $1,293 +2.43
460–465 463 3 313.00–315.00 $313.66 $1,452 +3.66
605–645 626 7 240.00–251.00 $247.82 $1,551 +3.44
762 762 4 210.00 $210.00 $1,600 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250–280 266 4 358.00–363.00 $360.26 $958 -12.24
305 305 1 350.00 $350.00 $1,068 —
350–380 365 2 345.00–350.00 $347.40 $1,268 +0.92
405–410 408 2 325.00–330.00 $327.48 $1,336 -18.52
455–465 460 2 320.00–328.00 $323.96 $1,490 —
505–535 523 3 270.00–280.00 $275.08 $1,439 -18.20
680 680 1 270.00 $270.00 $1,836 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
245 245 1 320.00 $320.00 $784 —
335 335 1 325.00 $325.00 $1,089 +5.00
350 350 1 320.00 $320.00 $1,120 +7.58
420 420 1 300.00 $300.00 $1,260 -2.65
495 495 1 290.00 $290.00 $1,436 -8.00
600–635 609 4 225.00–235.00 $227.61 $1,386 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250 250 1 300.00 $300.00 $750 —
340 340 1 288.00 $288.00 $979 +3.62
395 395 1 280.00 $280.00 $1,106 -1.94
410 410 1 263.00 $263.00 $1,078 —
455–473 469 6 255.00–260.00 $259.17 $1,216 +13.69
505–545 525 2 232.00–235.00 $233.44 $1,226 +2.95
610–640 625 2 210.00–218.00 $214.10 $1,338 —
660 660 5 200.00 $200.00 $1,320 —
805 805 1 180.00 $180.00 $1,449 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270–295 286 4 305.00–315.00 $310.69 $889 +0.69
305–330 317 3 300.00–305.00 $302.30 $958 +8.35
415–435 428 4 270.00–278.00 $274.55 $1,175 +8.04
530 530 1 243.00 $243.00 $1,288 -1.77
555 555 1 240.00 $240.00 $1,332 —
635 635 1 228.00 $228.00 $1,448 -0.30
660 660 1 220.00 $220.00 $1,452 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300 300 1 275.00 $275.00 $825 —
440 440 1 248.00 $248.00 $1,091 +23.00
475–485 480 2 240.00–250.00 $244.95 $1,176 —
530 530 1 220.00 $220.00 $1,166 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 1 275.00 $275.00 $1,306 -1.97
555–585 568 3 260.00–265.00 $262.62 $1,492 -9.38
730 730 1 230.00 $230.00 $1,679 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465 465 1 260.00 $260.00 $1,209 -6.48
590 590 1 250.00 $250.00 $1,475 —
665 665 1 210.00 $210.00 $1,396 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
655 655 1 190.00 $190.00 $1,244 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
860–995 921 80-85% 4 99.00–106.00 $103.16 $950 —
1070 1070 80-85% 1 123.00 $123.00 $1,316 —
1105–1290 1177 80-85% 3 107.00–115.00 $110.55 $1,301 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
770 770 85-90% 1 63.00 $63.00 $485 —
860 860 85-90% 1 85.00 $85.00 $731 —
885 885 85-90% 1 96.00 $96.00 $850 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1355–1450 1403 75-80% 2 100.00–101.00 $100.48 $1,410 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1315–1500 1408 2 118.00–123.00 $120.34 $1,694 —
2040–2150 2095 2 130.00–132.00 $131.03 $2,745 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
715 715 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 925.00 $925.00
865 865 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,000.00 $1,000.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
910 910 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,450.00 $1,450.00

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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.