Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, September 30, 2024

337 head sold ·Official USDA report

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

light 5-weight M&L 1-2 steers $277.18/cwt ≈ $1,466/hd at 529 lb · 15 head
heavy 5-weight M&L 1 heifers $230.00/cwt +2.00 vs last sale · ≈ $1,343/hd at 584 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 337 252 421
Feeder cattle 309 202 291
Slaughter cattle 18 34 94
Replacement cattle 10 16 36

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady to 5 higher and had a very small offering of slaughter cattle, so no trends there.

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
406 406 7 290.00 $290.00 $1,177 —
520–534 529 15 273.00–285.00 $277.18 $1,466 —
633 633 6 249.00 $249.00 $1,576 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285 285 1 368.00 $368.00 $1,049 +28.00
315–345 328 3 313.00–325.00 $320.40 $1,051 +13.68
350 350 1 313.00 $313.00 $1,096 —
405–425 412 3 280.00–288.00 $284.00 $1,170 -6.00
460 460 1 282.00 $282.00 $1,297 -8.66
520–523 522 3 261.00–266.00 $264.34 $1,380 -6.66
605 605 1 231.00 $231.00 $1,398 +4.00
685 685 1 230.00 $230.00 $1,576 +2.83
730 730 7 230.00 $230.00 $1,679 +2.00
1210 1210 1 200.00 $200.00 $2,420 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
235 235 1 330.00 $330.00 $776 —
310–340 328 3 299.00–310.00 $304.50 $999 +13.50
380–395 388 2 292.00–307.00 $299.65 $1,163 +16.65
415 415 1 277.00 $277.00 $1,150 +12.02
450–490 470 3 270.00–275.00 $272.93 $1,283 -1.61
570 570 1 245.00 $245.00 $1,396 -9.02
610 610 1 225.00 $225.00 $1,372 —
715–740 728 2 215.00–222.00 $218.56 $1,591 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 286.00 $286.00 $987 —
360–390 380 3 276.00–286.00 $282.50 $1,074 +9.46
540 540 1 238.00 $238.00 $1,285 —
595 595 4 229.00 $229.00 $1,363 -4.51

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 271.00 $271.00 $840 —
410–415 413 4 245.00–251.00 $247.51 $1,022 -8.49
510–520 516 7 227.00–235.00 $233.14 $1,203 +3.13
584 584 12 230.00 $230.00 $1,343 +2.00
620 620 1 215.00 $215.00 $1,333 -5.50
660–695 678 2 210.00–212.00 $210.97 $1,430 —
710–720 713 3 210.00–710.00 $376.90 $2,687 —
800 800 2 205.00 $205.00 $1,640 +4.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370–380 375 2 255.00–257.00 $256.01 $960 —
410 410 1 240.00 $240.00 $984 +1.00
505–540 523 2 221.00–223.00 $221.97 $1,161 +7.99
555–580 558 8 220.00–225.00 $224.35 $1,252 +10.35
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380–390 385 3 245.00–248.00 $246.67 $950 -10.33
460–480 468 3 226.00–230.00 $227.98 $1,067 -3.33
505 505 1 216.00 $216.00 $1,091 —
570 570 2 213.00–218.00 $215.50 $1,228 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–465 463 2 260.00–266.00 $262.98 $1,218 -10.02
505–545 518 3 241.00–244.00 $242.68 $1,257 +1.72
570–590 580 2 245.00–249.00 $247.03 $1,433 +12.03
630–645 638 3 208.00–213.00 $210.66 $1,344 -5.83
725 725 1 201.00 $201.00 $1,457 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–495 473 2 250.00–255.00 $252.38 $1,194 -2.04
510 510 1 239.00 $239.00 $1,219 +14.00
555–565 560 2 231.00–235.00 $232.98 $1,305 +8.98
635 635 1 198.00 $198.00 $1,257 —
690–695 693 2 190.00–195.00 $192.49 $1,334 -12.98
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
520 520 1 218.00 $218.00 $1,134 —
590 590 1 222.00 $222.00 $1,310 +4.00
640 640 1 187.00 $187.00 $1,197 —
695 695 1 184.00 $184.00 $1,279 —
715–745 730 2 185.00–188.00 $186.47 $1,361 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
835–1145 957 85-90% 3 82.50–92.50 $88.96 $851 —
1025–1155 1072 85-90% 3 107.50–113.00 $110.27 $1,182 —
1225 1225 85-90% 1 103.00 $103.00 $1,262 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1190–1475 1333 80-85% 2 116.00–125.00 $120.98 $1,613 —
1360 1360 80-85% 1 112.00 $112.00 $1,523 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1390–1655 1562 3 140.00–145.00 $142.19 $2,221 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1290 1290 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,500.00 $1,500.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1180 1180 Middle Aged (5-8 yrs)Open 2 1,800.00 $1,800.00 —

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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.