Meridian Stockyard market report — October 19, 2026

Meridian, MS · Monday sale · USDA report published 10/19/2026 · Sale days

Head sold
154
Last week 29 (+125)
Last year 21
5-wt steers (500–599 lb)
$399.56 /cwt
$2,067 per head · 5 hd
vs last week +32.06
7-wt steers (700–799 lb)
$321.47 /cwt
$2,425 per head · 9 hd
vs last week —

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

USDA Market News reporter, October 19, 2026

Feeder steers — Oct 19

WeightHeadAvg wt$/cwt$/headvs last weekvs last yearNo. 2 $/cwt
300–399 lb2305 lb$530.00†$1,616+18.45+62.42$505.58 (5 hd)
400–499 lb2440 lb$437.59†$1,925+1.12−13.60$414.00 (2 hd)†
500–599 lb5517 lb$399.56$2,067+32.06−20.42$360.00 (5 hd)
600–699 lb19654 lb$334.99$2,190−6.40−62.46$325.00 (2 hd)†
700–799 lb9754 lb$321.47$2,425—−28.34—
Steers, Medium and Large frame, No. 1 and 1–2 muscle, regular lots, head-weighted by 100-lb band. Last week = sale of Oct 12. Last year = sale of Oct 20. No. 2 = lighter-muscled cattle, a separate grade line in the USDA report. These are kept out of the main price. † Based on fewer than 5 head; treat as a rough price.

Feeder heifers — Oct 19

WeightHeadAvg wt$/cwt$/headvs last weekvs last yearNo. 2 $/cwt
300–399 lb3360 lb$421.02†$1,516−23.27—$402.41 (5 hd)
400–499 lb3423 lb$405.29†$1,716−2.20+7.22$379.48 (4 hd)†
500–599 lb4510 lb$352.00†$1,795−11.19−22.65$341.40 (7 hd)
600–699 lb3668 lb$322.34†$2,154−27.66−15.66—
700–799 lb2748 lb$294.00†$2,198—−44.00—
Heifers, Medium and Large frame, No. 1 and 1–2 muscle, regular lots, head-weighted by 100-lb band. Last week = sale of Oct 12. Last year = sale of Oct 20. No. 2 = lighter-muscled cattle, a separate grade line in the USDA report. These are kept out of the main price. † Based on fewer than 5 head; treat as a rough price.

Slaughter cows — Oct 19

GradeDressingHeadAvg wtAvg $/cwtRange $/cwt
Boner 80-85%Average31,253 lb$132.43$130.00–$134.00
Breaker 75-80%Average21,498 lb$130.38$128.00–$132.50
Lean 85-90%Average21,195 lb$128.79$128.00–$129.50
Lean 85-90%Low11,055 lb$118.00$118.00–$118.00
Lean 85-90%Very Low11,105 lb$111.00$111.00–$111.00

Price trends

Steers 500–599 lb Rising

Latest (week of October 19, 2026)
$399.56/cwt
4-week average
$399.17
13-week average
$387.00
4-week vs 13-week
+3.1%
52-wk low $356.67high $508.00

Steers 700–799 lb Rising

Latest (week of October 19, 2026)
$321.47/cwt
4-week average
$329.17
13-week average
$325.87
4-week vs 13-week
+1.0%
52-wk low $300.00high $420.00

Sales in 11 of the last 13 weeks.

Heifers 500–599 lb Rising

Latest (week of October 19, 2026)
$352.00/cwt
4-week average
$365.18
13-week average
$361.12
4-week vs 13-week
+1.1%
52-wk low $325.00high $465.00

Direction compares the 4-week average with the 13-week average: Rising +1% or more, Steady within ±1%, Easing −1% to −3%, Falling −3% or more. Weekly prices are head-weighted averages of Medium and Large No. 1 and 1–2 feeder cattle, regular lots.

The label describes recent prices; it is not a forecast. In our backtest of every barn since 2019 (about 35,000 barn-weeks), barns labeled Falling went on to beat other barns' average move over the next 13 weeks 61% of the time, and barns labeled Rising trailed it 56% of the time.

Last 52 weeks

Weekly average $/cwt4-week average

Price history since 2019

Weekly average $/cwt

When to sell: the seasonal pattern

5-weight steers

For 500–599 lb steers, prices since 2019 ran highest against their yearly average in Feb and Mar and lowest in Oct and Nov.

Monthvs year avgPatternYears aboveYears
Jan+1.7%57%7
Feb+5.4%86%7
Mar+5.2%86%7
Apr+4.7%71%7
May+0.5%57%7
Jun+2.9%57%7
Jul+2.2%57%7
Aug−2.3%57%7
Sep−3.3%17%6
Oct−5.3%17%6
Nov−4.3%0%6
Dec−1.7%50%6
Each month's head-weighted average price compared with the centered 12-month average around it, then averaged across years. Past patterns are not a forecast.

7-weight steers

For 700–799 lb steers, prices since 2019 ran highest against their yearly average in Jun and Jul and lowest in Dec and Nov.

Monthvs year avgPatternYears aboveYears
Jan−0.5%33%6
Feb+0.9%50%6
Mar+0.2%43%7
Apr+0.3%71%7
May+1.0%43%7
Jun+5.4%100%7
Jul+3.7%86%7
Aug+2.6%71%7
Sep+2.6%67%6
Oct−3.4%33%6
Nov−4.8%0%5
Dec−5.3%0%5
Each month's head-weighted average price compared with the centered 12-month average around it, then averaged across years. Past patterns are not a forecast.

Recent sales

SaleHead soldSteers 500–599 $/cwtSteers 700–799 $/cwtHeifers 500–599 $/cwt
Mon Oct 19154$399.56$321.47$352.00†
Mon Oct 12258$367.50—$363.19†
Mon Oct 5513$414.89$338.09$357.51
Mon Sep 28320$414.74$327.97†$388.00†
Mon Sep 21207$413.14$319.00†$352.30
Mon Sep 14207$388.98†$318.89$351.15
Mon Sep 7346$356.67$319.82$325.00
Mon Aug 31188$375.67†$309.00†$357.07
Mon Aug 2483$364.17—$354.00†
Mon Aug 17147$377.22$331.00†$370.00†
Mon Aug 10206$373.38$350.86$397.00†
Mon Aug 3265$391.29$338.50†$364.91†
Mon Jul 27182$393.80$310.00†$362.38
Mon Jul 20164$425.00†—$373.99†
Last 13 weeks. † Based on fewer than 5 head; treat as a rough price. Download the weekly history as CSV.

Nearby barns this week

BarnDistanceSaleSteers 500–599Steers 700–799
Philadelphia Stockyard, Philadelphia 37 mi Oct 20——
Tadlock Stockyards, Forest 46 mi Oct 19$351.62$302.73
Macon Stockyard, Macon 52 mi Oct 19$362.48$317.50†
Johnson Stockyard, Kosciusko 70 mi Oct 21$358.08—
Southeast Mississippi Livestock, Hattiesburg 83 mi Oct 19$351.37$323.53
Cattlemens Livestock, West Point 84 mi Oct 19$396.46$321.97
Straight-line distance between towns. Barns tagged unweaned show unweaned-calf prices. Every Mississippi sale this week.

Sale days

SaleLatest reportHeadSales in 52 weeksUSDA report
MondayOctober 19, 202615447AMS_2112

Source: USDA AMS Livestock, Poultry and Grain Market News, “Meridian Stockyard - Meridian, MS” (AMS_2112). See something wrong? Report a correction. Feeder prices are Medium and Large frame No. 1 and 1–2 cattle, $/cwt, grouped into 100-lb bands by average weight and weighted by head count. Value-added, unweaned and No. 2 lots are shown in their own columns; other lot types (fancy, fleshy, thin-fleshed, spayed, replacement) are left out. $/head = $/cwt × average weight ÷ 100.