Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, September 23, 2024

252 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 252 177 680
Feeder cattle 202 142 557
Slaughter cattle 34 25 99
Replacement cattle 16 10 24

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady, but higher in spots. Slaughter cattle a little weaker.

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 1 340.00 $340.00 $884 —
305–320 310 3 300.00–310.00 $306.72 $951 +11.72
420 420 2 284.00–296.00 $290.00 $1,218 +7.98
450–455 452 6 283.00–294.00 $290.66 $1,314 —
510 510 1 271.00 $271.00 $1,382 +18.77
635 635 1 227.00 $227.00 $1,441 -9.51
675–677 677 6 227.00–228.00 $227.17 $1,538 -2.83
705 705 1 228.00 $228.00 $1,607 —
750–755 753 2 221.00 $221.00 $1,664 —
813 813 4 215.00 $215.00 $1,748 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250–290 270 3 290.00–307.00 $299.58 $809 —
345 345 1 291.00 $291.00 $1,004 +3.00
385 385 1 283.00 $283.00 $1,090 —
435–440 438 2 261.00–269.00 $264.98 $1,161 -1.56
475–490 483 2 272.00–277.00 $274.54 $1,326 +7.50
505–540 525 3 251.00–259.00 $255.58 $1,342 —
560–580 570 2 253.00–255.00 $254.02 $1,448 +10.01
655 655 1 218.00 $218.00 $1,428 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375–385 380 2 270.00–276.00 $273.04 $1,038 —
585–590 588 2 230.00–237.00 $233.51 $1,373 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–330 319 4 265.00–273.00 $267.80 $854 —
445 445 1 239.00 $239.00 $1,064 +6.00
525–535 530 2 212.00–216.00 $213.98 $1,134 -4.02
550 550 1 214.00 $214.00 $1,177 —
610–615 613 2 215.00–219.00 $217.01 $1,330 —
680–685 681 6 210.00–212.00 $211.66 $1,441 —
725–736 734 5 209.00 $209.00 $1,534 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
240–245 243 2 310.00–330.00 $320.10 $778 —
430 430 1 256.00 $256.00 $1,101 +0.73
505–535 517 3 228.00–232.00 $230.01 $1,189 +7.24
585 585 1 228.00 $228.00 $1,334 +9.00
605–615 613 4 220.00–222.00 $220.50 $1,352 +11.47
800 800 1 201.00 $201.00 $1,608 —
1172 1172 2 152.00 $152.00 $1,781 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 337 3 254.00–261.00 $257.64 $868 —
365 365 1 257.00 $257.00 $938 —
445 445 1 232.00 $232.00 $1,032 —
460–495 481 4 228.00–235.00 $231.31 $1,113 +15.31

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–430 423 4 251.00–261.00 $255.68 $1,082 —
455–485 470 2 252.00–257.00 $254.42 $1,196 +13.05
525 525 2 221.00–229.00 $225.00 $1,181 -10.00
565 565 2 222.00–226.00 $224.00 $1,266 —
680–695 688 2 203.00–208.00 $205.47 $1,414 +0.47
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 280.00 $280.00 $1,134 +24.00
475 475 1 273.00 $273.00 $1,297 +15.76
525–540 533 2 238.00–244.00 $240.96 $1,284 +0.96
570 570 1 235.00 $235.00 $1,340 —
610–615 613 2 213.00–220.00 $216.49 $1,327 +1.71
755 755 1 199.00 $199.00 $1,502 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 246.00 $246.00 $1,095 —
560 560 1 218.00 $218.00 $1,221 -10.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1030–1060 1045 85-90% 2 87.50–90.50 $88.98 $930 -2.40
845–1425 1143 85-90% 4 106.50–110.00 $107.77 $1,232 —
1205–1295 1260 85-90% 3 94.00–98.50 $96.21 $1,212 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1045–1235 1122 80-85% 3 110.00–111.50 $110.76 $1,243 —
1010–1255 1181 80-85% 4 112.00–116.00 $113.64 $1,342 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1775 1775 75-80% 1 105.00 $105.00 $1,864 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
925–1085 997 3 115.00–120.00 $117.74 $1,174 —
1110 1110 1 133.00 $133.00 $1,476 +3.00
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1535–1695 1615 2 153.00–153.50 $153.24 $2,475 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1200–1325 1263 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,389.00–1,550.00 $1,473.49
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
925 925 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,600.00 $1,600.00

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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.