Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, May 27, 2024

219 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 219 427 190
Feeder cattle 149 350 133
Slaughter cattle 46 48 44
Replacement cattle 24 29 13

Market comments — USDA reporter

Good day, as compared to the last market lighter calves were steady and bigger calves 4-5 higher. Slaughter cattle steady.

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
310 310 1 340.00 $340.00 $1,054 +5.18
350–370 360 4 335.00–343.00 $338.97 $1,220 -4.23
405 405 1 322.00 $322.00 $1,304 -59.97
480 480 1 313.00 $313.00 $1,502 —
525 525 1 300.00 $300.00 $1,575 —
560–585 573 2 288.00–289.00 $288.49 $1,653 —
610–640 628 4 259.00–265.00 $262.25 $1,647 —
725 725 1 239.00 $239.00 $1,733 —
785 785 8 239.00 $239.00 $1,876 +1.00
825 825 1 214.00 $214.00 $1,766 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285 285 1 333.00 $333.00 $949 —
305 305 1 327.00 $327.00 $997 —
475 475 2 303.00 $303.00 $1,439 —
565–590 578 2 272.00–285.00 $278.36 $1,609 —
637–645 640 3 246.00–253.00 $248.35 $1,589 —
665 665 1 255.00 $255.00 $1,696 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
763 763 4 244.00 $244.00 $1,862 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
580 580 1 249.00 $249.00 $1,444 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–340 330 2 295.00–315.00 $305.30 $1,007 —
370 370 1 298.00 $298.00 $1,103 —
405–435 425 3 273.00–280.00 $277.09 $1,178 —
520–535 528 2 258.00–265.00 $261.55 $1,381 +22.42
575–580 578 2 258.00–259.00 $258.50 $1,494 —
625 625 1 236.00 $236.00 $1,475 —
655–675 663 9 235.00–241.00 $236.33 $1,567 —
835 835 1 219.00 $219.00 $1,829 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385–395 390 2 286.00–288.00 $287.01 $1,119 +9.51
445 445 1 260.00 $260.00 $1,157 —
530–540 535 2 245.00–251.00 $248.03 $1,327 —
670–695 684 4 226.00–233.00 $229.26 $1,568 —
705 705 1 220.00 $220.00 $1,551 —
750–783 779 8 211.00–216.00 $213.13 $1,660 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
892 892 4 209.00 $209.00 $1,864 +5.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
530 530 1 229.00 $229.00 $1,214 —
790 790 1 209.00 $209.00 $1,651 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–440 430 2 317.00–321.00 $319.05 $1,372 —
515 515 1 275.00 $275.00 $1,416 —
555 555 1 270.00 $270.00 $1,498 —
640 640 1 242.00 $242.00 $1,549 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 410 1 308.00 $308.00 $1,263 —
525–540 533 2 258.00–261.00 $259.52 $1,383 —
595 595 1 252.00 $252.00 $1,499 —
640 640 1 223.00 $223.00 $1,427 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 1 288.00 $288.00 $1,411 —
575 575 1 235.00 $235.00 $1,351 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
790–1250 993 85-90% 3 108.50–115.25 $112.75 $1,120 —
910–1135 1023 85-90% 2 93.00–100.00 $96.89 $991 -9.11
950–1170 1024 85-90% 4 117.00–124.00 $120.33 $1,232 +14.33
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
965–1395 1106 80-85% 4 127.50–131.50 $129.19 $1,429 —
1125–1170 1145 80-85% 4 133.50–135.50 $134.50 $1,540 —
1265 1265 80-85% 1 140.00 $140.00 $1,771 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1425–1505 1465 75-80% 2 113.50–115.00 $114.27 $1,674 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1570–1725 1648 2 155.00–157.00 $155.95 $2,570 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
905 905 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,825.00 $1,825.00
1030–1360 1183 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 3 1,750.00–2,100.00 $1,876.06
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
785 785 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,400.00 $1,400.00
830 830 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,400.00 $1,400.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1385 1385 Middle Aged (5-8 yrs)Open 2 2,800.00 $2,800.00 —

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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.