Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, September 16, 2024

177 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 177 542 620
Feeder cattle 142 476 525
Slaughter cattle 25 46 71
Replacement cattle 10 20 24

Market comments — USDA reporter

Good day, as compared to the last market feeder steers seemed steady, and heifers steady to a little cheaper in spots. Slaughter cows took a hit, ten cheaper and bulls 5-7 lower.

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
240 240 1 330.00 $330.00 $792 —
330 330 1 295.00 $295.00 $974 -6.00
360 360 2 300.00–303.00 $301.50 $1,085 -0.03
435–445 442 3 280.00–283.00 $282.02 $1,247 -4.75
505–535 519 4 250.00–256.00 $252.23 $1,309 -3.91
605–615 610 2 235.00–238.00 $236.51 $1,443 +5.53
660 660 1 230.00 $230.00 $1,518 -2.00
985 985 1 208.00 $208.00 $2,049 +16.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 288.00 $288.00 $994 -2.00
405–410 408 2 260.00–273.00 $266.54 $1,087 -8.45
470–490 480 2 265.00–269.00 $267.04 $1,282 -3.96
565–580 573 2 243.00–245.00 $244.01 $1,398 -0.01
620 620 1 228.00 $228.00 $1,414 —
730 730 1 211.00 $211.00 $1,540 -9.45
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260 260 1 303.00 $303.00 $788 —
450 450 1 248.00 $248.00 $1,116 -18.37
635 635 1 215.00 $215.00 $1,365 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
591 591 9 232.00 $232.00 $1,371 —
1160 1160 7 164.00 $164.00 $1,902 —
1300 1300 5 155.00 $155.00 $2,015 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265 265 1 315.00 $315.00 $835 +27.96
360–390 375 2 265.00–268.00 $266.56 $1,000 —
406–435 413 5 250.00–261.00 $255.27 $1,054 +2.36
505–530 514 4 220.00–225.00 $222.77 $1,145 -12.23
560 560 1 219.00 $219.00 $1,226 —
605–640 623 2 208.00–210.00 $209.03 $1,302 -6.79
965 965 1 185.00 $185.00 $1,785 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 233.00 $233.00 $1,025 —
460–495 486 6 230.00–245.00 $240.98 $1,171 +7.94
545 545 1 218.00 $218.00 $1,188 -1.77
750–770 760 2 200.00 $200.00 $1,520 —
960 960 2 170.00 $170.00 $1,632 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465 465 1 216.00 $216.00 $1,004 -11.36

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 1 256.00 $256.00 $1,114 +0.43
460–480 475 4 257.00–258.00 $257.24 $1,222 —
530 530 1 240.00 $240.00 $1,272 -5.00
600–640 618 4 211.00–219.00 $214.78 $1,327 +1.75
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–490 473 2 238.00–245.00 $241.37 $1,142 -0.63
510 510 1 235.00 $235.00 $1,198 +8.34
610 610 1 200.00 $200.00 $1,220 —
690 690 1 205.00 $205.00 $1,414 —
740–745 743 2 202.00–205.00 $203.51 $1,512 +14.51
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
545 545 1 224.00 $224.00 $1,221 —
575 575 1 228.00 $228.00 $1,311 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955–1115 1035 85-90% 2 77.00–83.00 $79.77 $826 —
940–1110 1040 85-90% 3 87.00–97.00 $91.38 $950 —
1050–1275 1185 85-90% 4 107.00–111.00 $109.35 $1,296 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1130–1425 1228 80-85% 4 116.50–119.50 $118.28 $1,452 —
1400 1400 80-85% 1 111.00 $111.00 $1,554 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1675 1675 1 153.00 $153.00 $2,563 —
1955 1955 1 147.00 $147.00 $2,874 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1145 1145 1 130.00 $130.00 $1,488 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1485 1485 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,740.00 $1,740.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1010 1010 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,245.00 $1,245.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1175 1175 Middle Aged (5-8 yrs)Open 2 1,875.00 $1,875.00 —

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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.