Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, February 23, 2026

304 head sold ·Official USDA report

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

heavy 5-weight M&L 1-2 heifers $415.00/cwt ≈ $2,353/hd at 567 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 304 276 237
Feeder cattle 277 246 182
Slaughter cattle 13 17 23
Replacement cattle 14 13 32

Market comments — USDA reporter

As compared to the last market: Feeder calves sold steady, and slaughter cattle sold steady as well.

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
275–290 283 2 690.00–730.00 $710.53 $2,011 -38.27
315–335 323 3 650.00–680.00 $665.23 $2,149 -67.35
405–445 425 2 560.00–610.00 $583.82 $2,481 -42.39
460 460 1 510.00 $510.00 $2,346 —
523 523 2 508.00 $508.00 $2,657 +18.00
620–622 622 8 430.00–433.00 $432.63 $2,691 +9.64
868 868 2 320.00 $320.00 $2,778 —
940 940 1 313.00 $313.00 $2,942 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 2 630.00–640.00 $635.00 $2,222 -25.00
425–430 428 3 535.00–555.00 $541.61 $2,318 -13.39
455 455 1 523.00 $523.00 $2,380 -22.00
535 535 1 450.00 $450.00 $2,408 -20.00
570 570 1 455.00 $455.00 $2,594 -20.00
608–640 619 3 398.00–415.00 $403.86 $2,500 +8.86
670–695 686 8 395.00–403.00 $399.73 $2,742 +13.78
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 270 1 600.00 $600.00 $1,620 —
365–385 375 3 575.00–595.00 $583.47 $2,188 -35.05
410 410 1 485.00 $485.00 $1,988 —
490 490 1 483.00 $483.00 $2,367 -25.29
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
487 487 5 543.00 $543.00 $2,644 +25.00

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285–290 288 2 590.00–600.00 $595.04 $1,714 —
325–330 327 3 515.00–570.00 $548.16 $1,792 +53.16
360–395 383 4 530.00–550.00 $537.39 $2,058 +0.48
410–440 430 3 465.00–490.00 $478.29 $2,057 +3.29
495 495 1 450.00 $450.00 $2,228 -1.47
513–545 525 5 420.00–440.00 $432.91 $2,273 +13.86
563 563 2 417.00 $417.00 $2,348 +2.84
630 630 2 368.00–375.00 $371.50 $2,340 +16.52
650 650 2 370.00 $370.00 $2,405 +17.00
744 744 6 321.00 $321.00 $2,388 —
750 750 2 325.00 $325.00 $2,438 —
1165 1165 1 263.00 $263.00 $3,064 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 450.00 $450.00 $1,508 —
380–390 385 2 490.00–515.00 $502.34 $1,934 +29.66
420 420 1 445.00 $445.00 $1,869 —
470–485 478 2 435.00–440.00 $437.54 $2,091 +9.31
567 567 5 393.00 $393.00 $2,228 +25.34
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
205 205 1 620.00 $620.00 $1,271 +20.00
305 305 1 670.00 $670.00 $2,044 +30.00
405–445 425 2 500.00–525.00 $511.91 $2,176 +26.85
500–515 508 3 450.00–475.00 $461.54 $2,345 +23.29
610 610 1 398.00 $398.00 $2,428 —
765 765 1 340.00 $340.00 $2,601 —
840 840 1 315.00 $315.00 $2,646 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
567 567 10 415.00 $415.00 $2,353 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 530.00 $530.00 $2,279 +25.00
450–480 467 3 510.00–520.00 $515.07 $2,405 +5.07
515–525 520 2 480.00–500.00 $489.90 $2,547 -7.75
610–635 618 4 420.00–450.00 $432.66 $2,674 +35.66
725 725 1 350.00 $350.00 $2,538 -10.00
750 750 1 375.00 $375.00 $2,812 +32.00
870 870 1 310.00 $310.00 $2,697 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 500.00 $500.00 $2,225 +20.00
490 490 1 498.00 $498.00 $2,440 +28.00
500–545 523 3 445.00–460.00 $451.61 $2,362 +6.61
650 650 1 395.00 $395.00 $2,568 +37.00
705–720 713 2 320.00–345.00 $332.63 $2,372 +2.63
765–785 775 2 328.00–330.00 $328.99 $2,550 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
468 468 3 498.00 $498.00 $2,331 —
548 548 4 426.00 $426.00 $2,334 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
495 495 1 465.00 $465.00 $2,302 —
505–525 515 2 395.00–425.00 $410.29 $2,113 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1080 1041 85-90% 4 145.00–163.00 $152.69 $1,590 —
1045–1055 1050 85-90% 2 162.00–165.00 $163.49 $1,717 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1190–1210 1200 80-85% 2 185.00–189.00 $186.98 $2,244 —
1320–1440 1380 80-85% 2 174.00–175.00 $174.48 $2,408 -17.52

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2030 2030 1 204.00 $204.00 $4,141 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1450 1450 1 149.00 $149.00 $2,160 -1.00

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1170–1225 1198 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 2 3,025.00–3,150.00 $3,088.94
1115–1290 1212 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 2,750.00–3,000.00 $2,869.39

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1290 1290 Middle Aged (5-8 yrs)Open 2 3,000.00 $3,000.00 —
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1140 1140 Middle Aged (5-8 yrs)Open 2 1,700.00 $1,700.00 —

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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.