Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, March 23, 2026

372 head sold ·Official USDA report

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

heavy 6-weight M&L 1-2 heifers $376.00/cwt ≈ $2,455/hd at 653 lb · 18 head
light 5-weight M&L 1-2 heifers $410.85/cwt ≈ $2,190/hd at 533 lb · 16 head
heavy 8-weight M&L 1-2 steers $343.00/cwt ≈ $3,001/hd at 875 lb · 14 head

Receipts

HeadThis saleLast saleLast year
Total receipts 372 181 256
Feeder cattle 310 156 226
Slaughter cattle 28 11 14
Replacement cattle 34 14 16

Market comments — USDA reporter

As compared to the last market: Feeder calves sold 10.00-15.00 higher. Slaughter cattle sold higher today as well. Sold some groups of weaned calves that sold very good.

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
477 477 8 488.00 $488.00 $2,328 —
509 509 5 495.00 $495.00 $2,520 +10.00
600 600 2 413.00 $413.00 $2,478 -29.00
690 690 10 399.00 $399.00 $2,753 —
875 875 14 343.00 $343.00 $3,001 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
215–225 220 2 700.00–760.00 $729.32 $1,605 —
305–320 313 2 655.00–670.00 $662.68 $2,074 —
355 355 1 650.00 $650.00 $2,308 -40.00
445 445 1 565.00 $565.00 $2,514 +49.82
505–537 535 13 487.00–495.00 $487.58 $2,609 +32.58
610–630 617 3 428.00–443.00 $433.63 $2,675 +22.67
745 745 1 400.00 $400.00 $2,980 —
915 915 1 330.00 $330.00 $3,020 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
280–285 283 2 665.00–680.00 $672.43 $1,903 +52.43
330 330 1 620.00 $620.00 $2,046 +38.77
355–390 373 2 600.00–610.00 $605.23 $2,258 —
410–430 425 4 520.00–530.00 $522.41 $2,220 +24.41
450 450 1 525.00 $525.00 $2,362 +35.92
550–585 565 10 465.00–470.00 $467.91 $2,644 +34.19
668 668 3 378.00 $378.00 $2,525 +5.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
270 270 1 630.00 $630.00 $1,701 —
320–330 325 2 565.00–590.00 $577.69 $1,877 —
365 365 1 585.00 $585.00 $2,135 +53.86
480 480 1 465.00 $465.00 $2,232 +2.35
570 570 1 445.00 $445.00 $2,536 +49.03
665 665 1 360.00 $360.00 $2,394 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
521–543 533 16 410.00–412.00 $410.85 $2,190 —
653 653 18 376.00 $376.00 $2,455 —
752 752 7 349.00 $349.00 $2,624 —
1136 1136 4 255.00 $255.00 $2,897 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–325 315 2 530.00–565.00 $548.06 $1,726 -18.75
430 430 1 485.00 $485.00 $2,086 +30.00
460 460 1 475.00 $475.00 $2,185 +15.00
545–548 548 9 405.00–440.00 $408.87 $2,241 +7.45
580 580 10 399.00 $399.00 $2,314 +4.00
660 660 1 380.00 $380.00 $2,508 —
747 747 5 334.00 $334.00 $2,495 —
920 920 2 282.00 $282.00 $2,594 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 500.00 $500.00 $1,675 -35.00
385 385 1 495.00 $495.00 $1,906 ±0.00
488 488 4 450.00 $450.00 $2,196 +10.04
540 540 5 390.00 $390.00 $2,106 +2.00
585 585 4 380.00 $380.00 $2,223 +2.00
663–695 674 3 349.00–363.00 $353.81 $2,385 —
760 760 2 320.00 $320.00 $2,432 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 450.00 $450.00 $1,530 -20.00
480–490 486 4 430.00–445.00 $435.73 $2,118 +23.05

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 480.00 $480.00 $2,112 —
475 475 1 475.00 $475.00 $2,256 -10.00
500–540 520 2 450.00–460.00 $455.19 $2,367 +60.19
665–690 680 3 368.00–385.00 $374.38 $2,546 —
785 785 1 327.00 $327.00 $2,567 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–425 417 3 490.00–500.00 $494.94 $2,064 -10.06
480 480 1 510.00 $510.00 $2,448 +17.54
530 530 1 470.00 $470.00 $2,491 —
555 555 1 480.00 $480.00 $2,664 +55.00
600 600 1 418.00 $418.00 $2,508 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1060–1290 1177 80-85% 3 171.00–174.00 $172.40 $2,029 —
1230–1480 1361 80-85% 5 179.50–186.00 $182.90 $2,489 +10.36
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1150 1085 85-90% 3 161.00–170.00 $165.14 $1,792 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1595 1595 75-80% 1 174.00 $174.00 $2,775 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1520–1600 1560 2 185.00–189.00 $186.95 $2,916 —
1365–1900 1633 2 193.00–195.00 $194.16 $3,171 +2.16

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1065 1065 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 2,975.00 $2,975.00
870–1255 1135 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 4 2,225.00–2,700.00 $2,553.85
1150–1225 1195 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 3 2,625.00–3,000.00 $2,839.26

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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.