Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, June 24, 2024

333 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $268.56/cwt ≈ $1,681/hd at 626 lb · 16 head
light 5-weight M&L 1-2 steers $311.00/cwt -4.00 vs last sale · ≈ $1,567/hd at 504 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 333 160 454
Feeder cattle 209 145 356
Slaughter cattle 89 11 59
Replacement cattle 35 4 39

Market comments — USDA reporter

Good day, as compared to the last market feeder cattle were firm and slaughter cattle were 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
260 260 1 410.00 $410.00 $1,066 —
305–320 313 2 378.00–380.00 $378.98 $1,186 —
405–435 418 3 332.00–342.00 $336.27 $1,406 -3.57
515–525 520 2 290.00–301.00 $295.45 $1,536 +0.43
610–630 626 16 261.00–270.00 $268.56 $1,681 —
735 735 1 240.00 $240.00 $1,764 ±0.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
504 504 11 311.00 $311.00 $1,567 -4.00
750 750 6 237.00 $237.00 $1,778 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–340 325 4 356.00–368.00 $361.55 $1,175 +21.55
365 365 1 365.00 $365.00 $1,332 +30.91
430 430 1 320.00 $320.00 $1,376 -8.00
450–455 453 2 315.00–319.00 $316.99 $1,436 -6.15
565–595 580 2 279.00–286.00 $282.41 $1,638 +3.41
630 630 1 251.00 $251.00 $1,581 +1.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 341.00 $341.00 $1,176 —
375–385 380 2 345.00–358.00 $351.41 $1,335 —
460–490 475 2 305.00–310.00 $307.58 $1,461 —
505–520 513 2 270.00–276.00 $273.04 $1,401 -0.04
575 575 2 273.00–275.00 $274.00 $1,576 +7.94

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270–285 278 2 338.00 $338.00 $940 —
335 335 1 311.00 $311.00 $1,042 -2.82
355 355 1 320.00 $320.00 $1,136 +6.50
410 410 1 318.00 $318.00 $1,304 +21.50
505–530 523 4 252.00–260.00 $254.53 $1,331 -4.13
625 625 1 236.00 $236.00 $1,475 -6.69
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–315 313 2 291.00–303.00 $297.05 $930 —
355–375 365 2 294.00–295.00 $294.49 $1,075 +3.49
405–430 418 2 278.00–280.00 $278.97 $1,166 +3.97
450–460 455 2 270.00–275.00 $272.53 $1,240 +5.15
570 570 1 247.00 $247.00 $1,408 +1.45
670 670 1 225.00 $225.00 $1,508 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 1 285.00 $285.00 $1,126 —
435–445 440 2 262.00–268.00 $264.97 $1,166 —
490–495 492 5 254.00–265.00 $261.98 $1,289 +2.87
555–585 570 2 232.00–235.00 $233.46 $1,331 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
628 628 3 242.00 $242.00 $1,520 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–445 433 2 278.00–282.00 $279.94 $1,212 —
450 450 1 288.00 $288.00 $1,296 —
520–535 528 2 232.00–245.00 $238.59 $1,260 —
605–640 623 2 220.00 $220.00 $1,371 —
655 655 1 219.00 $219.00 $1,434 —
780 780 1 205.00 $205.00 $1,599 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 315.00 $315.00 $1,370 ±0.00
530–535 533 2 251.00–255.00 $252.99 $1,348 -19.52
595 595 1 257.00 $257.00 $1,529 —
625 625 1 241.00 $241.00 $1,506 -9.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 1 277.00 $277.00 $1,260 -7.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1050–1250 1155 80-85% 4 135.00–139.00 $137.58 $1,589 —
1070–1230 1160 80-85% 4 140.00–148.00 $143.99 $1,670 —
1330–1425 1371 80-85% 4 148.50–151.00 $149.85 $2,054 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
910–1095 990 85-90% 6 128.50–134.00 $131.48 $1,302 +13.48
1015 1015 85-90% 1 115.00 $115.00 $1,167 -14.00
945–1135 1017 85-90% 3 123.00–127.50 $125.92 $1,281 -3.08
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1340 1340 75-80% 1 131.00 $131.00 $1,755 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1620 1620 1 159.50 $159.50 $2,584 +1.61
1535–1880 1752 3 160.00–170.00 $166.72 $2,921 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1245 1245 1 154.00 $154.00 $1,917 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
975–1100 1038 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 1,600.00–1,775.00 $1,682.23
1080 1080 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 1,700.00–1,800.00 $1,750.00
1265 1265 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 1,750.00 $1,750.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1235 1235 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,220.00 $1,220.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1230 1230 Middle Aged (5-8 yrs)Open 2 1,925.00 $1,925.00 —
1400 1400 Middle Aged (5-8 yrs)Open 2 2,550.00 $2,550.00 —

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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.