Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, October 12, 2020

325 head sold ·Official USDA report

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

heavy 4-weight M&L 2 heifers $112.93/cwt ≈ $542/hd at 480 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 325 730 599
Feeder cattle 288 — 489
Slaughter cattle 22 — 80
Replacement cattle 15 — 30

Market comments — USDA reporter

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady on a light test.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hd
305–320 313 2 152.00–154.00 $152.98 $479
350–375 366 4 150.00–156.00 $153.53 $562
420–435 429 5 143.00–146.00 $145.39 $624
490 490 1 140.00 $140.00 $686
500–529 520 8 131.00–137.00 $131.97 $686
600–607 606 7 115.00–120.00 $115.71 $701
650–674 669 9 116.00–125.00 $123.06 $823
708 708 3 112.00 $112.00 $793
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hd
300 300 1 147.00 $147.00 $441
350–395 375 5 141.00–148.00 $145.19 $544
460–480 468 3 133.00–136.00 $134.68 $630
560 560 1 124.00 $124.00 $694

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hd
300–310 305 2 119.00–120.00 $119.51 $365
360–375 367 5 120.00–123.00 $121.01 $444
415–445 435 7 119.00–120.00 $119.86 $521
460–495 480 11 107.00–117.00 $112.93 $542
525–545 535 2 106.00 $106.00 $567
560–595 574 4 108.00–109.00 $108.24 $621
685 685 1 98.00 $98.00 $671
735 735 1 98.00 $98.00 $720
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hd
370 370 1 130.00 $130.00 $481
405–430 420 6 120.00–125.00 $122.98 $517
455–495 468 3 121.00–131.00 $126.00 $590
500–530 514 5 110.00–114.00 $110.79 $569
555–583 577 8 110.00–113.00 $110.99 $640
615–640 628 2 104.00–105.00 $104.49 $656
650–695 670 4 100.00–103.00 $101.51 $680

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hd
515–540 528 2 105.00–108.00 $106.54 $563
550–595 566 4 106.00–108.00 $106.77 $604
635 635 1 98.00 $98.00 $622
660 660 1 99.00 $99.00 $653
710–745 730 3 95.00–99.00 $96.98 $708
810–820 813 3 90.00–99.00 $95.02 $773
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hd
415–435 427 3 120.00–133.00 $126.93 $542
470 470 1 124.00 $124.00 $583
530 530 1 112.00 $112.00 $594
550–555 553 3 110.00–118.00 $112.67 $623
600–635 618 4 103.00–115.00 $110.17 $681
710 710 1 102.00 $102.00 $724

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hd
970–1460 1268 80-85% 9 46.00–49.00 $47.38 $601
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hd
930–1350 1086 85-90% 7 40.00–43.50 $42.10 $457

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hd
1285–1590 1438 2 75.00–78.50 $76.56 $1,101

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
925 925 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 700.00 $700.00
1015 1015 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 770.00 $770.00
1060 1060 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 640.00 $640.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1175 1175 Middle Aged (5-8 yrs)Open 2 840.00 $840.00
1250 1250 Middle Aged (5-8 yrs)Open 2 1,000.00 $1,000.00

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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.