Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, February 16, 2026

276 head sold ·Official USDA report

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

heavy 4-weight M&L 1-2 steers $518.00/cwt ≈ $2,471/hd at 477 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 276 304 134
Feeder cattle 246 261 109
Slaughter cattle 17 14 17
Replacement cattle 13 29 8

Market comments — USDA reporter

As compared to the last market : feeder calves were crazy high 10.00-15.00 higher and even higher in spots. Slaughter cattle sold 5.00-7.00 higher.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–340 333 3 650.00–690.00 $673.05 $2,241 —
365 365 1 660.00 $660.00 $2,409 +61.48
430–445 438 3 540.00–565.00 $555.00 $2,431 —
450 450 1 545.00 $545.00 $2,452 +41.62
515 515 1 470.00 $470.00 $2,420 +12.49
551 551 5 475.00 $475.00 $2,617 —
630 630 1 395.00 $395.00 $2,488 —
657–675 663 3 380.00–389.00 $385.95 $2,559 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
477 477 10 518.00 $518.00 $2,471 —
773 773 5 361.00 $361.00 $2,791 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250–290 270 2 730.00–765.00 $748.80 $2,022 +24.48
315–335 325 2 730.00–735.00 $732.58 $2,381 +72.58
390 390 1 700.00 $700.00 $2,730 +50.00
400–410 403 4 605.00–670.00 $626.21 $2,524 +81.21
515 515 1 490.00 $490.00 $2,524 +22.00
580 580 1 480.00 $480.00 $2,784 +5.00
625–630 628 2 421.00–425.00 $422.99 $2,656 +6.71
725 725 1 364.00 $364.00 $2,639 +4.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375–380 378 3 575.00–640.00 $618.52 $2,338 +48.79
465–480 472 3 490.00–525.00 $508.29 $2,399 +32.25
540 540 1 435.00 $435.00 $2,349 —
583 583 6 455.00 $455.00 $2,653 +47.00

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
328 328 6 495.00 $495.00 $1,624 —
360 360 4 545.00 $545.00 $1,962 —
467 467 5 440.00 $440.00 $2,055 —
600–607 604 8 385.00 $385.00 $2,325 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 495.00 $495.00 $1,658 —
360–385 373 2 520.00–555.00 $536.91 $2,003 +51.64
425 425 1 475.00 $475.00 $2,019 +16.07
465–485 475 2 450.00–453.00 $451.47 $2,144 -23.53
505–543 529 5 415.00–420.00 $419.05 $2,217 —
550–595 573 2 410.00–418.00 $414.16 $2,373 +21.98
625–630 628 2 350.00–360.00 $354.98 $2,229 —
665 665 1 353.00 $353.00 $2,347 -4.56
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
240 240 1 600.00 $600.00 $1,440 ±0.00
265 265 1 660.00 $660.00 $1,749 —
335 335 1 640.00 $640.00 $2,144 +117.54
420–430 425 2 480.00–490.00 $485.06 $2,062 -12.44
450–485 468 2 485.00–530.00 $506.66 $2,371 —
500–535 520 3 430.00–445.00 $438.25 $2,279 +17.14
555 555 1 435.00 $435.00 $2,414 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–360 355 2 460.00–485.00 $472.68 $1,678 +12.68
460–490 475 3 420.00–435.00 $428.23 $2,034 -4.01
560–585 573 2 360.00–375.00 $367.66 $2,107 -10.34
685 685 1 335.00 $335.00 $2,295 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 505.00 $505.00 $2,247 -3.21
450–455 452 3 500.00–520.00 $510.00 $2,305 —
505–525 515 2 490.00–505.00 $497.65 $2,563 +22.65
615 615 1 397.00 $397.00 $2,442 -18.00
670 670 1 388.00 $388.00 $2,600 —
715 715 1 360.00 $360.00 $2,574 -11.08
755 755 1 343.00 $343.00 $2,590 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 1 480.00 $480.00 $2,016 ±0.00
455 455 1 470.00 $470.00 $2,138 —
545 545 1 445.00 $445.00 $2,425 +20.24
570 570 1 455.00 $455.00 $2,594 +50.00
650 650 1 358.00 $358.00 $2,327 —
745 745 1 330.00 $330.00 $2,458 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575 575 2 405.00–423.00 $414.00 $2,380 +29.00
600 600 1 320.00 $320.00 $1,920 -30.00

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
975 975 85-90% 1 135.00 $135.00 $1,316 —
990 990 85-90% 1 146.00 $146.00 $1,445 —
970–1355 1163 85-90% 2 158.00–162.00 $159.67 $1,857 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1380 1380 80-85% 1 192.00 $192.00 $2,650 —
1365–1455 1420 80-85% 3 183.00–186.00 $184.70 $2,623 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1325 1325 75-80% 1 168.00 $168.00 $2,226 —
1330 1330 75-80% 1 190.00 $190.00 $2,527 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1800 1800 1 191.00 $191.00 $3,438 —
1705–1960 1833 2 195.00–203.00 $199.28 $3,653 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1460 1460 1 150.00 $150.00 $2,190 -24.00
1580 1580 1 170.00 $170.00 $2,686 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1105 1105 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 3,350.00 $3,350.00
1150 1150 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 2,900.00 $2,900.00

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1250 1250 Middle Aged (5-8 yrs)Open 2 4,100.00 $4,100.00 —
2125 2125 Middle Aged (5-8 yrs)Open 2 4,600.00 $4,600.00 —

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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.