Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, May 13, 2024

349 head sold ·Official USDA report

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

heavy 9-weight M&L 1-2 steers $202.00/cwt ≈ $1,980/hd at 980 lb · 27 head
light 4-weight M&L 1-2 heifers $303.00/cwt ≈ $1,267/hd at 418 lb · 25 head
light 5-weight M&L 1-2 heifers $263.00/cwt ≈ $1,381/hd at 525 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 349 598 444
Feeder cattle 317 335 374
Slaughter cattle 22 95 40
Replacement cattle 10 168 30

Market comments — USDA reporter

Good day, as compared to the last market was higher straight across feeders and slaughter. Had some good groups of weaned calves that sold today.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
632 632 12 266.00 $266.00 $1,681 —
660 660 3 268.00 $268.00 $1,769 —
772 772 9 231.00 $231.00 $1,783 —
980 980 27 202.00 $202.00 $1,980 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 357.00 $357.00 $1,142 +10.56
365–370 368 2 348.00–353.00 $350.48 $1,290 -3.63
410 410 1 340.00 $340.00 $1,394 +14.62
510–535 523 2 307.00–308.00 $307.51 $1,608 +2.73
550–580 562 3 295.00–309.00 $301.57 $1,695 —
605 605 5 250.00–253.00 $252.40 $1,527 -7.60
660–685 668 3 249.00–253.00 $251.35 $1,679 -2.87
796 796 8 236.00 $236.00 $1,879 —
865–885 872 3 217.00–229.00 $221.06 $1,928 —
1165 1165 1 192.00 $192.00 $2,237 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–335 320 2 334.00–338.00 $336.09 $1,075 -3.91
350–360 355 2 332.00–343.00 $337.42 $1,198 —
425–445 435 2 318.00–323.00 $320.56 $1,394 +2.56
550–570 560 2 278.00–291.00 $284.38 $1,593 +0.41
605 605 1 240.00 $240.00 $1,452 -3.00
650 650 1 236.00 $236.00 $1,534 -5.25
700–725 712 3 224.00–235.00 $230.94 $1,644 +0.94
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–497 490 6 297.00–310.00 $306.78 $1,503 +1.67
535–545 542 3 261.00–262.00 $261.67 $1,418 -3.26
580 580 3 261.00–270.00 $264.00 $1,531 -5.04
605 605 1 221.00 $221.00 $1,337 —

↑ Back to top

Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
418 418 25 303.00 $303.00 $1,267 —
525 525 17 263.00 $263.00 $1,381 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
290 290 1 290.00 $290.00 $841 -38.00
365–383 381 9 293.00–300.00 $299.25 $1,140 —
405–425 415 3 271.00–280.00 $274.61 $1,140 +1.63
500–535 504 16 244.00–255.00 $253.65 $1,278 +6.81
570 570 1 245.00 $245.00 $1,396 -4.00
623–635 625 6 232.00–240.00 $233.35 $1,458 -5.14
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375–396 392 6 278.00–283.00 $281.69 $1,104 -4.95
450–470 460 2 267.00–270.00 $268.53 $1,235 —
525 525 1 240.00 $240.00 $1,260 +3.00
565–595 585 3 235.00–243.00 $240.09 $1,405 +3.09
687 687 4 220.00 $220.00 $1,511 +0.96
730 730 6 221.00 $221.00 $1,613 —
770–775 773 2 213.00–218.00 $215.51 $1,666 +2.51
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–485 468 2 250.00–256.00 $252.89 $1,184 -0.77

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 427 3 290.00–300.00 $294.07 $1,256 -26.93
470–475 473 3 291.00–295.00 $292.67 $1,384 —
505 505 1 285.00 $285.00 $1,439 -2.92
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460 460 1 286.00 $286.00 $1,316 -14.00
555 555 1 274.00 $274.00 $1,521 +8.64

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1135–1300 1180 80-85% 4 115.50–119.50 $117.43 $1,386 —
1090–1335 1218 80-85% 5 120.00–128.50 $124.39 $1,515 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
885 885 85-90% 1 94.00 $94.00 $832 +9.28
1050 1050 85-90% 1 82.00 $82.00 $861 —
1060 1060 85-90% 1 112.00 $112.00 $1,187 +15.03

↑ Back to top

Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1385 1385 1 142.00 $142.00 $1,967 —
1605–1830 1718 2 152.50–155.50 $154.10 $2,647 —

↑ Back to top

Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
875 875 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,250.00 $1,250.00

↑ Back to top

Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
900–1105 1003 Young (2-4 yrs)Open 4 2,000.00–2,300.00 $2,165.34 —

↑ 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.