Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, March 25, 2024

367 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $295.67/cwt ≈ $1,697/hd at 574 lb · 53 head

heavy 4-weight M&L 1 heifers $286.08/cwt ≈ $1,365/hd at 477 lb · 30 head

light 5-weight M&L 1-2 steers $329.25/cwt ≈ $1,650/hd at 501 lb · 27 head

Receipts

Head	This sale	Last sale	Last year
Total receipts	367	80	342
Feeder cattle	340	52	278
Slaughter cattle	14	28	32
Replacement cattle	13	—	32

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady. But had some very nice weaned calves that brought it all. Slaughter cows and bulls 3-5 higher.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
220	220	1	380.00	$380.00	$836	—
270	270	1	375.00	$375.00	$1,012	-25.00
305	305	1	375.00	$375.00	$1,144	—
355	355	1	368.00	$368.00	$1,306	-23.55
405–445	434	8	325.00–343.00	$335.41	$1,456	—
510–525	518	3	298.00–303.00	$300.02	$1,554	-10.98
562–580	574	53	295.00–296.00	$295.67	$1,697	—
610–630	617	3	250.00–263.00	$255.61	$1,577	—
740	740	1	239.00	$239.00	$1,769	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
500–505	501	27	325.00–330.00	$329.25	$1,650	—
731–742	733	11	245.00	$245.00	$1,796	—
758	758	12	244.00	$244.00	$1,850	—
800	800	7	240.00	$240.00	$1,920	—

Medium and Large 2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
245	245	1	360.00	$360.00	$882	—
290	290	1	370.00	$370.00	$1,073	—
315	315	1	355.00	$355.00	$1,118	+30.88
355–375	365	6	343.00–366.00	$358.68	$1,309	-21.32
445	445	1	307.00	$307.00	$1,366	+7.00
450–455	453	2	312.00–320.00	$315.98	$1,431	—
590	590	1	290.00	$290.00	$1,711	—
605	605	1	242.00	$242.00	$1,464	—

Medium and Large 3 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
275	275	1	310.00	$310.00	$852	-50.00
570	570	1	270.00	$270.00	$1,539	—

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
220	220	1	315.00	$315.00	$693	—
250	250	1	325.00	$325.00	$812	+23.00
300–320	304	8	310.00–320.00	$312.79	$951	—
405	405	1	290.00	$290.00	$1,174	-3.00
464–498	477	30	280.00–289.00	$286.08	$1,365	—
510–530	520	2	250.00–258.00	$253.92	$1,320	-11.01
610–644	639	7	242.00–244.00	$243.73	$1,557	—
654	654	14	239.00	$239.00	$1,563	—
720	720	1	237.00	$237.00	$1,706	—
835	835	2	195.00	$195.00	$1,628	—
867	867	2	190.00	$190.00	$1,647	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
532	532	2	263.00	$263.00	$1,399	—
551	551	15	267.00	$267.00	$1,471	—
604	604	18	257.00	$257.00	$1,552	—

Medium and Large 2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
305	305	1	298.00	$298.00	$909	—
370	370	1	293.00	$293.00	$1,084	—
405	405	4	265.00–273.00	$268.50	$1,087	-11.50
479–490	480	8	268.00–273.00	$272.36	$1,307	-0.64
550	550	1	236.00	$236.00	$1,298	—
625–645	630	4	235.00–236.00	$235.74	$1,485	—
690	690	2	231.00	$231.00	$1,594	—
705	705	2	223.00	$223.00	$1,572	—
760	760	7	215.00	$215.00	$1,634	—

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
415–420	418	2	300.00–305.00	$302.51	$1,264	—
515–542	529	2	280.00–285.00	$282.44	$1,494	-18.01
665	665	1	233.00	$233.00	$1,549	—
705	705	1	238.00	$238.00	$1,678	—

Medium and Large 2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
555–585	570	2	250.00–260.00	$254.87	$1,453	—

Medium and Large 3 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
515	515	1	234.00	$234.00	$1,205	—
710	710	1	205.00	$205.00	$1,456	—

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Slaughter Cows

Lean ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
915	915	85-90%	1	101.00	$101.00	$924	—
830–1075	953	85-90%	2	105.00–115.00	$110.64	$1,054	—

Boner ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1065–1330	1182	80-85%	3	135.00–137.00	$135.93	$1,607	—

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
1130–1135	1133	2	119.00–134.00	$126.52	$1,433	—
1730–2070	1880	3	158.00–159.00	$158.33	$2,977	—

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1000	1000	Young (2-4 yrs)	1st Stage (1-3 mo)	1	1,650.00	$1,650.00
1285	1285	Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	1,470.00	$1,470.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	Δ last sale
940	940	Middle Aged (5-8 yrs)	Open	2	1,475.00	$1,475.00	—

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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.