Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, May 4, 2026

181 head sold ·Official USDA report

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

light 5-weight M&L 1-2 steers $451.00/cwt ≈ $2,269/hd at 503 lb · 25 head

Receipts

HeadThis saleLast saleLast year
Total receipts 181 239 298
Feeder cattle 138 182 233
Slaughter cattle 16 23 25
Replacement cattle 27 34 40

Market comments — USDA reporter

As compared to the last market: Feeder calves sold steady, as did slaughter cattle. Due to all the rain had a small offering of cattle today, so hard to get true trends on cattle.

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
503 503 25 451.00 $451.00 $2,269 —
648 648 4 437.00 $437.00 $2,832 +9.00
722 722 5 386.00 $386.00 $2,787 —
837 837 5 343.00 $343.00 $2,871 -8.76
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260 260 1 610.00 $610.00 $1,586 —
305–310 308 2 590.00–610.00 $600.08 $1,848 +20.08
465–485 475 2 490.00–503.00 $496.64 $2,359 —
520–545 533 2 460.00–465.00 $462.44 $2,465 +2.32
610 610 1 433.00 $433.00 $2,641 —
660–663 662 4 416.00–428.00 $418.99 $2,774 +3.99
725 725 1 363.00 $363.00 $2,632 -2.00
750–790 770 2 358.00–365.00 $361.41 $2,783 -4.59
830 830 1 343.00 $343.00 $2,847 -7.47
940 940 1 335.00 $335.00 $3,149 ±0.00
965 965 1 331.00 $331.00 $3,194 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–330 325 2 570.00–580.00 $575.08 $1,869 +20.08
450–485 470 3 470.00–480.00 $475.12 $2,233 -4.77
535 535 2 440.00–450.00 $445.00 $2,381 ±0.00
615 615 1 400.00 $400.00 $2,460 —
670 670 2 390.00 $390.00 $2,613 —
764 764 7 353.00 $353.00 $2,697 +13.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 565.00 $565.00 $1,808 —
355–385 370 2 555.00–560.00 $557.60 $2,063 —
565–585 575 2 394.00–428.00 $410.70 $2,362 +10.70
620 620 2 385.00 $385.00 $2,387 —
680 680 1 387.00 $387.00 $2,632 +14.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 515.00 $515.00 $1,571 —
370 370 1 492.00 $492.00 $1,820 —
415–420 418 2 470.00–475.00 $472.49 $1,975 —
455 455 1 480.00 $480.00 $2,184 —
505–525 513 4 430.00–440.00 $435.71 $2,235 —
605 605 1 390.00 $390.00 $2,360 +17.08
845 845 1 323.00 $323.00 $2,729 —
905 905 1 290.00 $290.00 $2,624 ±0.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 475.00 $475.00 $1,544 —
375 375 1 480.00 $480.00 $1,800 +15.10
435 435 1 438.00 $438.00 $1,905 -12.00
480 480 1 445.00 $445.00 $2,136 -10.00
505 505 1 425.00 $425.00 $2,146 —
640 640 1 378.00 $378.00 $2,419 —
685 685 1 375.00 $375.00 $2,569 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480–485 483 3 410.00–425.00 $419.32 $2,025 -4.75
615 615 1 363.00 $363.00 $2,232 +34.00
665 665 1 365.00 $365.00 $2,427 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
540 540 3 420.00 $420.00 $2,268 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 1 480.00 $480.00 $2,304 —
510 510 2 450.00–460.00 $455.00 $2,320 -8.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475–485 480 2 455.00–465.00 $459.95 $2,208 -5.05
525 525 1 425.00 $425.00 $2,231 -12.50

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1210–1465 1338 80-85% 2 170.00–172.00 $170.90 $2,287 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1495–1605 1550 75-80% 2 163.00–168.00 $165.41 $2,564 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1100 1100 85-90% 1 161.00 $161.00 $1,771 +21.00

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1580–1870 1678 3 200.00–208.00 $204.23 $3,427 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1510 1510 1 180.00 $180.00 $2,718 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
895 895 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 3,050.00 $3,050.00
1295 1295 Young (2-4 yrs)1st Stage (1-3 mo) 1 2,925.00 $2,925.00
1500–1560 1530 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 3,300.00–3,375.00 $3,336.76
1910 1910 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 3,125.00 $3,125.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1045 1045 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,800.00 $1,800.00
1205 1205 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 2,200.00 $2,200.00
1500 1500 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 2,650.00 $2,650.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
980 980 Young (2-4 yrs)Open 2 3,200.00 $3,200.00 —

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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.