Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, February 12, 2024

442 head sold ·Official USDA report

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

light 4-weight M&L 1-2 steers $370.00/cwt ≈ $1,536/hd at 415 lb · 21 head
heavy 4-weight M&L 1 heifers $279.00/cwt ≈ $1,272/hd at 456 lb · 18 head
light 5-weight M&L 1-2 heifers $259.26/cwt ≈ $1,314/hd at 507 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 442 304 209
Feeder cattle 378 226 184
Slaughter cattle 41 45 21
Replacement cattle 23 33 4

Market comments — USDA reporter

Good day, the calf market is hot, feeder calves 2-5 higher. Had some light calves bring over 4 dollars a pound today. Slaughter cows and bulls were steady.

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
220–235 228 2 398.00–410.00 $403.80 $921 —
255–295 275 2 398.00–400.00 $399.07 $1,097 +38.81
300 300 1 395.00 $395.00 $1,185 +45.00
355–365 360 2 380.00–390.00 $384.93 $1,386 +37.53
400–435 419 9 350.00–363.00 $357.73 $1,499 +30.25
505 505 8 320.00–324.00 $323.50 $1,634 +48.42
555 555 4 300.00 $300.00 $1,665 —
628 628 3 250.00 $250.00 $1,570 —
1110 1110 1 220.00 $220.00 $2,442 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 415 21 370.00 $370.00 $1,536 —
523 523 6 322.00 $322.00 $1,684 —
615 615 5 270.00 $270.00 $1,660 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
235 235 1 375.00 $375.00 $881 +55.00
260–265 263 2 373.00–375.00 $373.99 $984 —
375–395 385 2 345.00–350.00 $347.56 $1,338 +27.56
495 495 14 325.00 $325.00 $1,609 +35.00
505 505 1 285.00 $285.00 $1,439 —
585 585 6 270.00 $270.00 $1,580 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280–290 285 3 365.00–390.00 $379.85 $1,083 +38.10
315–345 325 5 365.00–380.00 $370.73 $1,205 —
375–385 380 2 365.00–375.00 $370.07 $1,406 +32.49
430–445 438 3 330.00–345.00 $338.40 $1,482 —
465–482 476 3 335.00 $335.00 $1,595 +21.34
655–697 691 7 223.00–236.00 $234.24 $1,619 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
215–245 230 2 325.00 $325.00 $748 —
270 270 2 330.00–335.00 $332.50 $898 +21.81
320–340 339 14 295.00–299.00 $298.73 $1,013 -3.57
375 375 1 290.00 $290.00 $1,088 —
410–435 425 3 280.00–290.00 $284.42 $1,209 +9.87
456 456 18 279.00 $279.00 $1,272 —
510–525 518 3 240.00–250.00 $243.38 $1,261 +0.38
610 610 2 228.00 $228.00 $1,391 ±0.00
1010 1010 1 200.00 $200.00 $2,020 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
275 275 1 320.00 $320.00 $880 +20.00
374–395 378 10 288.00 $288.00 $1,089 +8.00
455–480 468 2 262.00–270.00 $266.11 $1,245 +6.94
510 510 1 235.00 $235.00 $1,198 +1.56
720 720 1 220.00 $220.00 $1,584 —
1169 1169 6 157.00 $157.00 $1,835 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505–515 507 17 258.00–265.00 $259.26 $1,314 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300 300 1 273.00 $273.00 $819 -2.00
435 435 1 253.00 $253.00 $1,101 +5.00
465–480 475 5 248.00–255.00 $250.62 $1,190 +5.67
630 630 1 200.00 $200.00 $1,260 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465 465 1 270.00 $270.00 $1,256 +10.00
545 545 1 255.00 $255.00 $1,390 —
735 735 1 195.00 $195.00 $1,433 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
535 535 1 220.00 $220.00 $1,177 —
580 580 1 223.00 $223.00 $1,293 —
820 820 1 170.00 $170.00 $1,394 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
530 530 1 280.00 $280.00 $1,484 —
600 600 1 250.00 $250.00 $1,500 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1045–1310 1185 80-85% 4 109.00–111.00 $109.93 $1,303 -0.62
1095–1420 1205 80-85% 4 102.50–105.00 $103.56 $1,248 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
850–1075 957 85-90% 3 75.00–82.00 $79.27 $759 —
835–1255 996 85-90% 4 91.00–98.00 $93.57 $932 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1295–1480 1379 75-80% 4 97.50–102.00 $99.29 $1,369 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1425–1610 1518 2 121.00–124.00 $122.59 $1,861 —
1450–1660 1555 2 126.00–132.00 $129.20 $2,009 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1290 1290 1 107.00 $107.00 $1,380 —
1835 1835 1 113.00 $113.00 $2,074 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1045–1105 1075 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 1,400.00–1,450.00 $1,425.70
1080 1080 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,300.00 $1,300.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
700 700 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 975.00 $975.00
770 770 Young (2-4 yrs)2nd/3rd Stage (4-9 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
1450 1450 Young (2-4 yrs)1st Stage (1-3 mo) 2 2,125.00 $2,125.00 —

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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.