Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, November 4, 2024

255 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 255 457 508
Feeder cattle 205 376 360
Slaughter cattle 41 45 126
Replacement cattle 9 36 22

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady and slaughter cattle 5-8 lower and bulls 2-6 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
225–245 235 2 355.00–390.00 $373.24 $877 -39.34
260 260 1 395.00 $395.00 $1,027 ±0.00
330–335 333 2 320.00–330.00 $324.96 $1,082 +4.99
410–435 423 5 295.00–310.00 $304.87 $1,290 +19.87
485 485 1 304.00 $304.00 $1,474 +16.78
515–545 535 7 237.00–280.00 $263.57 $1,410 -26.43
565 565 1 270.00 $270.00 $1,526 —
620–647 640 4 251.00–254.00 $253.27 $1,621 —
685 685 1 248.00 $248.00 $1,699 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250 250 1 320.00 $320.00 $800 —
320 320 1 313.00 $313.00 $1,002 +7.14
350–385 368 2 300.00–308.00 $304.19 $1,119 +6.19
405 405 1 293.00 $293.00 $1,187 —
540 540 1 250.00 $250.00 $1,350 -17.25
580–585 583 2 253.00–257.00 $255.01 $1,487 -11.99
620–636 633 5 237.00–241.00 $240.22 $1,521 +4.24
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 290.00 $290.00 $884 -5.00
390 390 1 275.00 $275.00 $1,072 -11.72
485 485 1 280.00 $280.00 $1,358 +25.00
560–585 568 3 231.00–235.00 $233.69 $1,327 -16.31
705 705 1 210.00 $210.00 $1,480 —
755 755 1 220.00 $220.00 $1,661 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 2 286.00 $286.00 $1,444 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 265.00 $265.00 $901 —
370 370 1 275.00 $275.00 $1,018 —
405 405 1 233.00 $233.00 $944 -8.00
480–485 483 2 234.00–238.00 $236.01 $1,140 —
505–540 525 8 230.00–237.00 $235.50 $1,236 +3.50
620 620 1 214.00 $214.00 $1,327 -4.51
655 655 1 210.00 $210.00 $1,376 -17.71
835 835 1 180.00 $180.00 $1,503 —
850 850 1 191.00 $191.00 $1,624 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 260.00 $260.00 $806 -8.00
360 360 1 251.00 $251.00 $904 +1.00
450–495 478 4 221.00–228.00 $225.19 $1,076 -7.06
505–540 517 3 220.00–228.00 $225.05 $1,164 +1.67
571 571 5 224.00 $224.00 $1,279 +0.55
675–695 685 3 194.00–207.00 $200.27 $1,372 -13.94
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 248.00 $248.00 $843 +4.53
535–540 538 2 215.00–219.00 $217.01 $1,168 —
575 575 1 217.00 $217.00 $1,248 -1.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
650 650 2 228.00 $228.00 $1,482 —

↑ Back to top

Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 250.00 $250.00 $1,112 —
450–460 455 4 252.00–265.00 $260.21 $1,184 -6.25
505–525 515 2 225.00–226.00 $225.49 $1,161 —
550 550 1 224.00 $224.00 $1,232 -24.00
620 620 1 210.00 $210.00 $1,302 —
665 665 1 205.00 $205.00 $1,363 —
715 715 5 208.00 $208.00 $1,487 +13.02
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 415 1 278.00 $278.00 $1,154 —
465 465 1 270.00 $270.00 $1,256 —
505–525 517 3 230.00–240.00 $234.61 $1,213 -17.38
560 560 1 235.00 $235.00 $1,316 -21.47
615–630 622 3 214.00–226.00 $218.29 $1,358 +4.27
808 808 2 185.00 $185.00 $1,495 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 1 244.00 $244.00 $1,159 -4.00

↑ Back to top

Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
870–1020 945 85-90% 2 88.00–89.00 $88.54 $837 —
910–1265 1134 85-90% 5 101.00–111.00 $107.45 $1,218 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1340–1420 1375 80-85% 5 110.00–120.00 $115.33 $1,586 —
1385 1385 80-85% 1 109.50 $109.50 $1,517 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1420–1630 1525 75-80% 3 112.00–114.50 $113.11 $1,725 —

↑ Back to top

Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1535 1535 1 135.50 $135.50 $2,080 —
1635–2325 1892 3 140.00–142.00 $140.88 $2,665 —

↑ Back to top

Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1160 1160 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,800.00 $1,800.00
1135–1385 1260 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 1,750.00–1,795.00 $1,774.73
1305 1305 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,700.00 $1,700.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
980 980 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,650.00 $1,650.00

↑ Back to top

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.