Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, June 17, 2024

160 head sold ·Official USDA report

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

light 6-weight M&L 1-2 steers $283.00/cwt ≈ $1,746/hd at 617 lb · 22 head
light 5-weight M&L 1-2 steers $315.00/cwt ≈ $1,682/hd at 534 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 160 239 341
Feeder cattle 145 154 202
Slaughter cattle 11 60 69
Replacement cattle 4 25 70

Market comments — USDA reporter

Good day, as compared to the last market all though had a small offering of cattle today market was good. Feeder steers were steady and heifers were a little stronger. Slaughter cattle were steady.

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
534 534 15 315.00 $315.00 $1,682 —
617 617 22 283.00 $283.00 $1,746 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 340.00 $340.00 $1,139 —
363–375 367 3 330.00–342.00 $334.09 $1,226 +4.09
420 420 1 328.00 $328.00 $1,378 +2.82
451–475 456 7 322.00–325.00 $323.14 $1,474 +0.14
560 560 1 279.00 $279.00 $1,562 -4.00
647 647 5 250.00 $250.00 $1,618 -5.00
655–665 660 2 250.00–260.00 $254.96 $1,683 -4.04
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 1 360.00 $360.00 $1,332 +24.65
405–430 413 3 332.00–345.00 $339.84 $1,404 -0.08
525–530 528 2 290.00–300.00 $295.02 $1,558 -5.92
555–580 568 2 291.00–295.00 $293.04 $1,664 —
650–680 665 2 265.00–270.00 $267.44 $1,778 —
740 740 1 240.00 $240.00 $1,776 -2.00
785 785 1 251.00 $251.00 $1,970 +9.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
520–540 530 2 269.00–277.00 $273.08 $1,447 +10.08
560–590 587 9 265.00–275.00 $266.06 $1,562 +9.11

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 320 4 308.00–319.00 $313.82 $1,004 —
350 350 2 312.00–315.00 $313.50 $1,097 +5.50
425 425 2 295.00–298.00 $296.50 $1,260 +8.97
510–520 515 3 255.00–264.00 $258.66 $1,332 -1.62
555 555 1 259.00 $259.00 $1,437 —
620–630 627 3 239.00–245.00 $242.69 $1,522 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 1 291.00 $291.00 $1,077 -4.00
430 430 1 275.00 $275.00 $1,182 +6.02
450–495 473 2 265.00–270.00 $267.38 $1,265 —
505–538 531 8 248.00–254.00 $253.15 $1,344 —
565–590 578 2 243.00–248.00 $245.55 $1,419 +5.55
620 620 1 231.00 $231.00 $1,432 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–485 473 2 255.00–263.00 $259.11 $1,226 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 315.00 $315.00 $1,386 —
460 460 1 320.00 $320.00 $1,472 —
505–510 508 2 270.00–275.00 $272.51 $1,384 -7.37
630 630 1 250.00 $250.00 $1,575 -4.90
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485 485 1 284.00 $284.00 $1,377 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
960 960 85-90% 1 118.00 $118.00 $1,133 -6.89
1015 1015 85-90% 1 129.00 $129.00 $1,309 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1185–1350 1268 80-85% 2 137.50–141.50 $139.63 $1,771 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1515–1750 1625 3 155.00–160.00 $157.89 $2,566 —

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Heifer Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
835 835 (<2 yrs)Open 2 1,475.00 $1,475.00 —

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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.