Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, April 15, 2024

126 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 126 177 620
Feeder cattle 53 139 437
Slaughter cattle 21 15 62
Replacement cattle 52 23 121

Market comments — USDA reporter

Good day, due to the small offering of cattle today was unable to get trends. But we did have some very nice gentle pairs that brought it all.

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
305–340 317 3 330.00–335.00 $332.68 $1,055 —
360 360 1 329.00 $329.00 $1,184 -3.79
415 415 1 302.00 $302.00 $1,253 +10.00
505 505 1 270.00 $270.00 $1,364 -1.48
560 560 1 270.00 $270.00 $1,512 +1.85
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260–285 273 3 341.00–350.00 $345.20 $942 -25.84
320 320 1 341.00 $341.00 $1,091 -17.00
410 410 1 345.00 $345.00 $1,414 +21.85
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380 380 1 317.00 $317.00 $1,205 +2.00
470–490 480 2 278.00–288.00 $283.10 $1,359 +3.10
530 530 1 251.00 $251.00 $1,330 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 290.00 $290.00 $841 —
390 390 1 285.00 $285.00 $1,112 +5.00
505–520 513 2 225.00–235.00 $229.93 $1,180 -54.59
615 615 1 225.00 $225.00 $1,384 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 266.00 $266.00 $1,144 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 288.00 $288.00 $1,210 —
450 450 1 280.00 $280.00 $1,260 -5.00
505–515 510 2 247.00–250.00 $248.51 $1,267 +0.51
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
680–685 683 2 195.00–200.00 $197.51 $1,349 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1220 1137 80-85% 3 129.50–132.50 $130.69 $1,486 +5.69
955–1485 1149 80-85% 4 124.00–128.50 $125.83 $1,446 +0.83
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
790–1105 948 85-90% 2 96.00–97.50 $96.87 $918 —
970 970 85-90% 1 90.00 $90.00 $873 —
1040–1080 1060 85-90% 2 113.00–115.00 $113.98 $1,208 -2.20

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1230–1365 1298 2 135.00–145.00 $139.74 $1,814 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1040–1415 1228 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 2 1,825.00–2,000.00 $1,925.87

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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 2,650.00 $2,650.00 —
1225–1640 1381 Middle Aged (5-8 yrs)Open 8 2,450.00–3,050.00 $2,819.55 —

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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.