Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, June 15, 2026

178 head sold ·Official USDA report

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

heavy 5-weight M&L 1-2 steers $454.00/cwt ≈ $2,542/hd at 560 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 178 318 616
Feeder cattle 153 258 570
Slaughter cattle 7 19 32
Replacement cattle 18 41 14

Market comments — USDA reporter

As compared to the last market: had a small offering of cattle today, Feeder calves sold steady and slaughter cattle had to few to get a trend.

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
560 560 12 454.00 $454.00 $2,542 —
650 650 7 387.00 $387.00 $2,516 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380–385 383 2 520.00–540.00 $530.07 $2,030 +15.07
465–475 471 5 450.00–455.00 $453.18 $2,134 -16.82
535 535 1 400.00 $400.00 $2,140 —
550–575 564 4 395.00–418.00 $410.39 $2,315 +7.17
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 570.00 $570.00 $1,966 —
370 370 1 550.00 $550.00 $2,035 -5.15
450 450 2 470.00–475.00 $472.50 $2,126 —
505–540 523 2 430.00–440.00 $435.17 $2,276 —
550–585 570 3 425.00–435.00 $429.39 $2,448 -0.59
605–620 613 2 378.00–383.00 $380.53 $2,333 -2.47
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
250 250 1 600.00 $600.00 $1,500 —
325–345 335 2 580.00–600.00 $590.30 $1,978 +10.30
425–440 433 2 495.00–500.00 $497.46 $2,154 -47.54
450 450 1 485.00 $485.00 $2,182 —
510–535 523 4 450.00–460.00 $455.82 $2,384 +2.41

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–490 473 2 428.00–435.00 $431.63 $2,042 —
505 505 1 400.00 $400.00 $2,020 -9.95
570 570 1 390.00 $390.00 $2,223 ±0.00
1005 1005 1 266.00 $266.00 $2,673 —
1055 1055 2 260.00 $260.00 $2,743 —
1215 1215 2 236.00 $236.00 $2,867 —
1315 1315 1 227.00 $227.00 $2,985 —
1350 1350 2 228.00 $228.00 $3,078 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
285 285 1 440.00 $440.00 $1,254 —
390 390 2 435.00–440.00 $437.50 $1,706 -52.84
485–490 488 2 420.00–425.00 $422.51 $2,062 -3.31
525–530 528 3 370.00–385.00 $378.33 $1,998 -6.67
560 560 1 383.00 $383.00 $2,145 —
1040 1040 1 255.00 $255.00 $2,652 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–483 474 3 395.00–403.00 $400.44 $1,898 -11.23
560–585 577 3 360.00–365.00 $362.71 $2,093 +1.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 1 475.00 $475.00 $2,042 -21.52
460 460 1 480.00 $480.00 $2,208 —
505–520 512 3 430.00–440.00 $434.95 $2,227 -11.22
615 615 1 370.00 $370.00 $2,276 +1.27
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–470 460 2 460.00–465.00 $462.45 $2,127 +2.45
525 525 1 428.00 $428.00 $2,247 +2.97
550 550 1 420.00 $420.00 $2,310 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470 470 1 448.00 $448.00 $2,106 +10.47
530 530 1 410.00 $410.00 $2,173 +5.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1165–1315 1240 80-85% 2 179.00–185.00 $182.18 $2,259 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1170–1225 1198 85-90% 2 171.00–177.50 $174.32 $2,088 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2010 2010 1 201.00 $201.00 $4,040 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1050 1050 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 3,100.00 $3,100.00
1225 1225 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 2,950.00 $2,950.00
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
940 940 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 2,600.00 $2,600.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1050–1085 1068 Young (2-4 yrs)Open 4 3,650.00–3,800.00 $3,726.23 —
1100 1100 Middle Aged (5-8 yrs)Open 2 3,400.00 $3,400.00 —
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1170 1170 Young (2-4 yrs)Open 2 4,200.00 $4,200.00 +450.00
1250 1250 Middle Aged (5-8 yrs)Open 2 4,000.00 $4,000.00 —

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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.