Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, June 3, 2024

528 head sold ·Official USDA report

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

light 8-weight M&L 1-2 steers $247.00/cwt ≈ $2,003/hd at 811 lb · 126 head
heavy 9-weight M&L 1-2 steers $219.00/cwt ≈ $2,111/hd at 964 lb · 104 head

Receipts

HeadThis saleLast saleLast year
Total receipts 528 219 514
Feeder cattle 477 149 454
Slaughter cattle 31 46 49
Replacement cattle 20 24 11

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady and slaughter cattle were steady as well. Sold two loads of black hided steers 126 head average weight 811 lbs. @ $2.4725 per lb. And sold two more loads 104 head, same cattle but weighed 964 lbs. @ $2.1850 per lb. Very nice cattle.

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
412 412 6 328.00 $328.00 $1,351 —
811 811 126 247.00 $247.00 $2,003 —
964 964 104 219.00 $219.00 $2,111 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
205 205 1 350.00 $350.00 $718 —
325 325 1 320.00 $320.00 $1,040 -7.00
360–390 375 2 320.00–328.00 $323.84 $1,214 —
420–445 433 2 290.00–303.00 $296.69 $1,285 —
470–495 487 5 296.00–302.00 $299.57 $1,459 -3.43
505–525 518 5 283.00–292.00 $288.79 $1,496 —
565 565 1 289.00 $289.00 $1,633 +10.64
605–645 625 2 248.00–250.00 $249.03 $1,556 +0.68
660 660 1 255.00 $255.00 $1,683 ±0.00
755–790 784 6 236.00–241.00 $236.80 $1,857 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250 250 1 390.00 $390.00 $975 —
320–330 325 2 338.00–340.00 $339.02 $1,102 -0.98
355–390 372 3 331.00–335.00 $332.73 $1,238 -6.24
445 445 1 316.00 $316.00 $1,406 —
465–475 470 3 315.00–330.00 $322.70 $1,517 +9.70
505 505 1 315.00 $315.00 $1,591 +15.00
558 558 2 306.00 $306.00 $1,707 +17.51
605–640 623 6 260.00–268.00 $264.80 $1,650 +2.55
655 655 1 261.00 $261.00 $1,710 —
705–720 713 2 250.00–251.00 $250.49 $1,786 +11.49
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495 495 1 288.00 $288.00 $1,426 —
575–580 577 5 263.00–275.00 $267.22 $1,542 +18.22

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 302.00 $302.00 $1,042 —
365–390 376 7 295.00–308.00 $297.55 $1,119 +10.54
440–443 442 4 262.00–271.00 $268.76 $1,188 +8.76
475–498 493 6 266.00–269.00 $267.83 $1,320 —
505 505 1 240.00 $240.00 $1,212 -8.03
570–595 583 3 235.00–242.00 $237.61 $1,385 —
610–615 613 3 215.00–220.00 $217.99 $1,336 —
650 650 1 227.00 $227.00 $1,476 -2.26
720 720 1 210.00 $210.00 $1,512 -10.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
220 220 1 325.00 $325.00 $715 —
260 260 1 318.00 $318.00 $827 —
315–340 328 2 318.00–320.00 $318.96 $1,046 +13.66
375 375 1 316.00 $316.00 $1,185 +18.00
415–435 425 2 279.00–281.00 $280.02 $1,190 +2.93
460 460 1 272.00 $272.00 $1,251 —
510–530 520 4 250.00–258.00 $254.75 $1,325 -6.80
555 555 2 247.00 $247.00 $1,371 -11.50
615–640 628 2 231.00–234.00 $232.47 $1,460 -3.53
655 655 1 230.00 $230.00 $1,506 -6.33
790 790 1 231.00 $231.00 $1,825 —
845 845 1 189.00 $189.00 $1,597 -30.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370–385 379 4 278.00–280.00 $278.98 $1,057 —
425 425 1 254.00 $254.00 $1,080 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 288.00 $288.00 $1,238 -20.00
475 475 1 280.00 $280.00 $1,330 —
720 720 1 183.00 $183.00 $1,318 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 485 1 271.00 $271.00 $1,314 -17.00
555 555 1 253.00 $253.00 $1,404 +18.00
755 755 1 170.00 $170.00 $1,284 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525 525 1 290.00 $290.00 $1,522 +15.00
645 645 1 220.00 $220.00 $1,419 -22.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
800–1055 954 85-90% 4 116.50–121.00 $118.19 $1,128 —
965–1145 1070 85-90% 3 124.50–130.00 $127.45 $1,364 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
930–1115 1015 80-85% 3 131.50–133.00 $132.21 $1,342 —
1035–1285 1168 80-85% 3 136.50–138.00 $137.19 $1,602 —
1385 1385 80-85% 1 146.50 $146.50 $2,029 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1670 1670 1 158.00 $158.00 $2,639 —
1710–1985 1847 5 159.50–168.00 $163.14 $3,013 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1015 1015 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,410.00 $1,410.00
1070 1070 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,300.00 $1,300.00
1305–1395 1350 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 1,675.00–1,750.00 $1,713.75
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1140–1365 1262 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 1,910.00–2,100.00 $1,973.99

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1135 1135 Young (2-4 yrs)Open 2 1,950.00 $1,950.00 —
1350 1350 Middle Aged (5-8 yrs)Open 2 2,100.00 $2,100.00 -700.00

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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.