Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, February 26, 2024

418 head sold ·Official USDA report

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

light 5-weight M&L 1-2 heifers $276.00/cwt -26.48 vs last sale · ≈ $1,510/hd at 547 lb · 20 head
light 6-weight M&L 1-2 heifers $243.00/cwt ≈ $1,567/hd at 645 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 418 641 272
Feeder cattle 349 554 234
Slaughter cattle 27 38 23
Replacement cattle 42 49 15

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were 5-12 cheaper as a whole. Could have been more or less in spots. Slaughter cattle steady.

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
210–245 228 2 370.00–375.00 $372.69 $850 +34.69
275 275 1 380.00 $380.00 $1,045 —
350–385 368 3 338.00–342.00 $340.06 $1,251 -34.94
405–435 419 4 322.00–333.00 $327.38 $1,372 -26.90
510 510 1 270.00 $270.00 $1,377 -27.51
660 660 1 234.00 $234.00 $1,544 —
763 763 7 221.00 $221.00 $1,686 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 330.00 $330.00 $1,056 -31.88
355–390 378 3 333.00–340.00 $336.03 $1,270 -26.97
415–420 417 3 300.00–315.00 $308.63 $1,287 -36.21
497 497 7 310.00 $310.00 $1,541 —
585 585 1 256.00 $256.00 $1,498 —
695 695 1 215.00 $215.00 $1,494 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
215 215 1 390.00 $390.00 $838 -29.00
305–330 318 2 345.00–355.00 $349.80 $1,112 -48.20
370–390 380 2 350.00–353.00 $351.54 $1,336 -41.46
405 405 2 338.00–348.00 $343.00 $1,389 -32.00
506 506 3 288.00 $288.00 $1,457 -28.00
660 660 1 243.00 $243.00 $1,604 -16.03
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
626 626 6 265.00 $265.00 $1,659 -17.80

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 4 298.00 $298.00 $1,311 —
547 547 20 276.00 $276.00 $1,510 -26.48
645 645 15 243.00 $243.00 $1,567 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
230–240 235 3 295.00–310.00 $302.62 $711 -34.12
270–275 273 2 300.00–305.00 $302.48 $826 -25.52
305–325 314 4 295.00–305.00 $298.67 $938 -9.55
355–375 365 2 290.00–298.00 $294.11 $1,074 -2.35
410–435 423 3 265.00–268.00 $266.31 $1,126 -7.34
455 455 1 260.00 $260.00 $1,183 -7.67
550–597 588 5 232.00 $232.00 $1,364 -13.00
675–695 683 4 210.00–216.00 $211.53 $1,445 —
775 775 3 210.00 $210.00 $1,628 +10.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280 280 1 323.00 $323.00 $904 —
310 310 1 320.00 $320.00 $992 -10.00
368 368 3 310.00 $310.00 $1,141 —
410–445 420 5 270.00–280.00 $273.83 $1,150 -12.87
505–545 524 8 240.00–253.00 $245.75 $1,288 -9.25
620 620 1 230.00 $230.00 $1,426 +0.99
666 666 3 225.00 $225.00 $1,498 +5.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 285.00 $285.00 $912 -16.03
365–380 373 3 280.00–288.00 $283.05 $1,056 +0.38
430–445 437 3 248.00–253.00 $251.01 $1,097 -8.99
475 475 1 257.00 $257.00 $1,221 +2.00

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Feeder Bulls

Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
535 535 1 243.00 $243.00 $1,300 —
555–560 558 3 229.00–236.00 $233.66 $1,304 —
605–645 625 2 198.00–207.00 $202.64 $1,266 —
705 705 1 208.00 $208.00 $1,466 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 280.00 $280.00 $1,246 -63.00
500–538 513 3 260.00–268.00 $264.88 $1,359 -31.15
605–635 620 2 230.00–240.00 $234.88 $1,456 -43.12
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490–495 493 2 263.00–265.00 $264.01 $1,302 -55.99
540 540 1 253.00 $253.00 $1,366 -66.00
560 560 1 249.00 $249.00 $1,394 —
685 685 1 210.00 $210.00 $1,438 -35.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
725 725 85-90% 1 72.00 $72.00 $522 —
945–1160 1053 85-90% 2 84.00–90.00 $86.69 $913 —
1050–1115 1090 85-90% 3 99.50–102.00 $100.83 $1,099 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1060–1100 1080 80-85% 2 103.00–107.00 $105.04 $1,134 -5.07
1175–1405 1308 80-85% 3 110.00–115.00 $112.69 $1,474 —
1325 1325 80-85% 1 122.00 $122.00 $1,616 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1375–1450 1413 75-80% 2 101.00–105.00 $102.95 $1,455 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1530–1775 1653 2 130.00–136.00 $133.22 $2,202 +7.27
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1095–1875 1485 2 110.00–118.00 $115.05 $1,708 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1350 1350 Young (2-4 yrs)1st Stage (1-3 mo) 1 2,175.00 $2,175.00
1470 1470 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,875.00 $1,875.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1470 1470 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,470.00 $1,470.00

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
875 875 (<2 yrs)1st/2nd Stage (1-6 mo) 1 1,600.00 $1,600.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1225 1225 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 2,000.00 $2,000.00 —

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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.