Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, March 4, 2024

230 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 230 418 203
Feeder cattle 163 349 165
Slaughter cattle 17 27 21
Replacement cattle 50 42 17

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were a little higher than last week. Slaughter cattle 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
265 265 1 340.00 $340.00 $901 —
350–380 371 4 345.00–355.00 $348.64 $1,293 -2.90
410–435 423 2 333.00–338.00 $335.57 $1,419 -7.43
520–525 523 2 298.00–318.00 $307.95 $1,611 +19.95
602–605 602 8 275.00–280.00 $275.63 $1,659 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–305 303 2 330.00–335.00 $332.52 $1,008 —
365 365 1 320.00 $320.00 $1,168 -20.06
400–420 413 3 318.00–325.00 $322.63 $1,332 -4.75
450–495 475 4 308.00–315.00 $311.41 $1,479 —
520 520 1 285.00 $285.00 $1,482 +15.00
650–683 675 4 260.00–262.00 $260.48 $1,758 +26.48
710 710 1 225.00 $225.00 $1,598 —
760 760 1 225.00 $225.00 $1,710 +4.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 300.00 $300.00 $1,290 -8.63
540–545 542 3 255.00–258.00 $256.01 $1,388 —
590 590 1 248.00 $248.00 $1,463 -8.00
670 670 1 225.00 $225.00 $1,508 +10.00

↑ Back to top

Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260 260 1 308.00 $308.00 $801 +5.52
445 445 1 255.00 $255.00 $1,135 -11.31
455–490 473 2 250.00–262.00 $255.78 $1,210 -4.22
560–590 585 9 236.00–243.00 $237.74 $1,391 +5.74
712 712 2 211.00 $211.00 $1,502 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265–295 280 2 318.00–320.00 $318.95 $893 -4.05
305 305 2 315.00–320.00 $317.50 $968 -2.50
460–485 473 2 270.00 $270.00 $1,277 —
505–522 519 6 250.00–253.00 $252.51 $1,311 +6.76
605 605 1 228.00 $228.00 $1,379 -2.00
675 675 1 236.00 $236.00 $1,593 +11.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 325 2 275.00–283.00 $278.75 $906 -6.25
365–380 375 3 273.00–280.00 $277.05 $1,039 -6.00
525 525 1 223.00 $223.00 $1,171 —

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 310.00 $310.00 $1,256 —
450 450 1 305.00 $305.00 $1,372 —
510 510 1 290.00 $290.00 $1,479 +25.12
635 635 1 235.00 $235.00 $1,492 +0.12
655 655 1 235.00 $235.00 $1,539 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–480 460 3 280.00–288.00 $285.22 $1,312 +21.21
535 535 1 260.00 $260.00 $1,391 +7.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
735 735 1 205.00 $205.00 $1,507 -3.00
750 750 1 193.00 $193.00 $1,448 —

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1200 1113 80-85% 2 117.50–120.00 $118.85 $1,323 —
1195–1350 1273 80-85% 2 107.00–109.00 $108.06 $1,376 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
885 885 85-90% 1 75.00 $75.00 $664 —
975–1025 1000 85-90% 2 95.00–100.00 $97.44 $974 —

↑ Back to top

Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1325–1370 1348 2 125.00–128.00 $126.53 $1,706 —
1495–1535 1515 2 132.00–136.50 $134.22 $2,033 —
1965 1965 1 140.00 $140.00 $2,751 —

↑ Back to top

Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
885 885 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,425.00 $1,425.00
1060–1215 1138 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,460.00–1,550.00 $1,501.93
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
855–990 913 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 3 1,250.00–1,300.00 $1,274.64

↑ Back to top

Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1215 1215 Middle Aged (5-8 yrs)Open 2 1,975.00 $1,975.00 -25.00
1230 1230 Aged (>8 yrs)Open 2 1,900.00 $1,900.00 -100.00

↑ Back to top

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.