Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, March 11, 2024

338 head sold ·Official USDA report

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

heavy 6-weight M&L 1-2 heifers $235.00/cwt ≈ $1,607/hd at 684 lb · 73 head
heavy 5-weight M&L 1-2 heifers $252.00/cwt ≈ $1,444/hd at 573 lb · 28 head
light 5-weight M&L 1-2 heifers $255.73/cwt ≈ $1,294/hd at 506 lb · 25 head

Receipts

HeadThis saleLast saleLast year
Total receipts 338 230 190
Feeder cattle 302 163 145
Slaughter cattle 24 17 22
Replacement cattle 12 50 23

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady, and slaughter cattle were steady as well.

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
215–245 230 2 373.00–380.00 $376.27 $865 —
355–370 363 3 365.00–375.00 $369.40 $1,341 +20.76
423–445 428 6 358.00–370.00 $361.31 $1,546 +25.74
500 500 1 333.00 $333.00 $1,665 +25.05
555–575 562 3 315.00–321.00 $318.95 $1,792 —
610 610 1 290.00 $290.00 $1,769 +14.37
816 816 2 222.00 $222.00 $1,812 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
502 502 3 344.00 $344.00 $1,727 —
660–680 672 5 264.00–276.00 $268.71 $1,806 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 360.00 $360.00 $1,044 —
360–370 365 2 350.00–370.00 $360.14 $1,315 +40.14
415 415 1 325.00 $325.00 $1,349 +2.37
470–480 475 2 339.00–344.00 $341.53 $1,622 +30.12
505 505 1 300.00 $300.00 $1,515 +15.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265 265 1 345.00 $345.00 $914 —
315 315 1 340.00 $340.00 $1,071 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
502–535 506 25 253.00–266.00 $255.73 $1,294 —
573 573 28 252.00 $252.00 $1,444 —
647 647 4 245.00 $245.00 $1,585 —
684 684 73 235.00 $235.00 $1,607 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265–290 278 2 295.00–310.00 $302.84 $842 -16.11
310 310 1 330.00 $330.00 $1,023 +12.50
420–447 441 11 276.00–284.00 $277.60 $1,224 —
460 460 4 276.00 $276.00 $1,270 +6.00
515–520 518 2 250.00–255.00 $252.49 $1,308 -0.02
575 575 1 247.00 $247.00 $1,420 —
650 650 1 229.00 $229.00 $1,488 -7.00
762 762 2 219.00 $219.00 $1,669 —
1000 1000 1 200.00 $200.00 $2,000 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–320 315 2 290.00–300.00 $295.08 $930 —
435 435 1 264.00 $264.00 $1,148 +9.00
465–490 480 14 263.00–273.00 $269.70 $1,295 +13.92
535 535 1 240.00 $240.00 $1,284 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 285.00 $285.00 $983 +6.25
380–385 383 2 280.00–281.00 $280.50 $1,074 +3.45
480 480 2 257.00 $257.00 $1,234 —
585 585 1 225.00 $225.00 $1,316 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 305.00 $305.00 $1,312 -5.00
450–495 473 4 300.00–313.00 $308.23 $1,458 +3.23
520–545 533 2 295.00–296.00 $295.49 $1,575 +5.49
550–560 555 3 288.00–298.00 $292.98 $1,626 —
605 605 1 258.00 $258.00 $1,561 +23.00
665 665 1 250.00 $250.00 $1,662 +15.00
715 715 1 240.00 $240.00 $1,716 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 280.00 $280.00 $1,232 —
485 485 1 290.00 $290.00 $1,406 +4.78
540 540 1 270.00 $270.00 $1,458 +10.00
555 555 1 278.00 $278.00 $1,543 —
640 640 1 230.00 $230.00 $1,472 —
Small 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
520 520 1 300.00 $300.00 $1,560 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1040–1170 1123 80-85% 5 110.00–117.00 $113.53 $1,275 -5.32
1090–1415 1213 80-85% 4 121.00–126.00 $124.14 $1,506 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
775 775 85-90% 1 70.00 $70.00 $542 —
1190 1190 85-90% 1 105.00 $105.00 $1,250 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1380–1495 1438 2 138.00–139.00 $138.48 $1,991 —
1850–1895 1873 2 141.00–143.50 $142.23 $2,664 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1025 1025 1 119.50 $119.50 $1,225 —
1065–1170 1118 2 124.50–126.00 $125.29 $1,401 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
735 735 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 875.00 $875.00
785 785 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 900.00 $900.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
925 925 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,250.00 $1,250.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1110 1110 Middle Aged (5-8 yrs)Open 2 1,400.00 $1,400.00 —

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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.