Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, May 20, 2024

427 head sold ·Official USDA report

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

heavy 8-weight M&L 1 steers $228.72/cwt +7.66 vs last sale · ≈ $1,949/hd at 852 lb · 65 head
heavy 9-weight M&L 1 steers $218.75/cwt ≈ $2,139/hd at 978 lb · 54 head
light 7-weight M&L 1 heifers $230.92/cwt ≈ $1,660/hd at 719 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 427 349 383
Feeder cattle 350 317 284
Slaughter cattle 48 22 55
Replacement cattle 29 10 44

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were mixed. Slaughter cows and bulls were 3-7 higher.

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
285 285 1 342.50 $342.50 $976 —
310–330 319 4 320.00–350.00 $334.82 $1,068 -22.18
355–395 372 6 337.50–350.00 $343.20 $1,277 -7.28
405–415 410 2 322.50–440.00 $381.97 $1,566 +41.97
650–670 660 2 252.50–255.00 $253.77 $1,675 +2.42
789 789 9 238.00 $238.00 $1,878 +2.00
851–866 852 65 218.00–229.25 $228.72 $1,949 +7.66
920 920 1 200.00 $200.00 $1,840 —
978 978 54 218.75 $218.75 $2,139 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 1 317.50 $317.50 $1,222 —
400–425 413 6 307.50–325.00 $317.85 $1,313 —
450–485 466 4 315.00–320.00 $316.88 $1,477 —
500–515 508 3 290.00–300.00 $296.72 $1,507 —
585 585 5 275.00–285.00 $277.00 $1,620 —
810 810 1 212.00 $212.00 $1,717 —
860–870 862 5 206.00–215.00 $207.82 $1,791 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 423 2 290.00–300.00 $295.21 $1,249 —
450–490 473 7 247.50–305.00 $289.81 $1,371 -16.97
Small 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
602 602 4 261.00 $261.00 $1,571 —
Small 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 315.00 $315.00 $1,323 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
200 200 1 300.00 $300.00 $600 —
250–270 260 2 302.50–320.00 $310.91 $808 +20.91
515–530 520 4 237.00–245.00 $239.13 $1,243 -14.52
710–725 719 15 225.00–240.00 $230.92 $1,660 —
910 910 2 220.00 $220.00 $2,002 —
1072 1072 10 202.00 $202.00 $2,165 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435–445 440 2 267.50–277.50 $272.44 $1,199 -30.56
625 625 5 226.50 $226.50 $1,416 —
728 728 4 225.00 $225.00 $1,638 —
805–829 824 10 208.00–215.00 $209.37 $1,725 —
875 875 2 204.00 $204.00 $1,785 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–485 472 3 245.00–255.00 $250.79 $1,184 -2.10
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360 360 1 277.50 $277.50 $999 -4.19
400 400 1 267.50 $267.50 $1,070 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
935–1050 993 80-85% 2 119.00–119.50 $119.26 $1,184 —
1010–1485 1201 80-85% 16 121.00–137.00 $127.05 $1,526 +2.66
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
765 765 85-90% 1 99.00 $99.00 $757 —
930 930 85-90% 1 84.00 $84.00 $781 —
1030 1030 85-90% 1 106.00 $106.00 $1,092 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1245–1300 1273 2 135.00–142.00 $138.58 $1,764 —
1330–2075 1722 10 146.50–157.50 $152.97 $2,634 -1.13

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
990–995 993 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 2 1,485.00 $1,485.00
1095 1095 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,650.00 $1,650.00
1175 1175 Young/Middle Aged (2-8 yrs)1st/2nd Stage (1-6 mo) 1 1,690.00 $1,690.00
1105–1335 1229 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 6 1,600.00–1,950.00 $1,763.56
Small 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
800–965 855 Young/Middle Aged (2-8 yrs)2nd/3rd Stage (4-9 mo) 6 730.00–1,550.00 $1,262.16
890 890 Young/Middle Aged (2-8 yrs)1st Stage (1-3 mo) 1 1,290.00 $1,290.00

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Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1280–1445 1345 Young/Middle Aged (2-8 yrs)Open 6 1,850.00–2,425.00 $2,112.73 —
1475 1475 Young/Middle Aged (2-8 yrs)Open 2 2,250.00 $2,250.00 —

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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.