Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, October 26, 2020

338 head sold ·Official USDA report

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

heavy 5-weight M&L 2 steers $111.12/cwt +3.14 vs last sale · ≈ $663/hd at 597 lb · 16 head
light 6-weight M&L 1 steers $108.45/cwt +3.45 vs last sale · ≈ $673/hd at 621 lb · 13 head
light 5-weight M&L 1 steers $116.53/cwt -0.07 vs last sale · ≈ $612/hd at 525 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 338 588 412
Feeder cattle 259 499 376
Slaughter cattle 41 40 13
Replacement cattle 38 49 23

Market comments — USDA reporter

Good day, as compared to last market feeder calves steers were 3-5 higher, and heifers were 5-7 higher. Slaughter cows and bulls were steady.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 152.00 $152.00 $502 +1.60
365–385 372 3 150.00–151.00 $150.33 $559 -3.67
420–445 434 4 140.00–142.00 $140.48 $610 +13.30
500–545 525 12 115.00–121.00 $116.53 $612 -0.07
610–640 621 13 103.00–110.00 $108.45 $673 +3.45
650–680 669 5 109.00–110.00 $109.60 $733 -5.40
705 705 2 99.00–109.00 $104.00 $733 —
750 750 1 102.00 $102.00 $765 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–395 375 7 139.00–149.00 $143.20 $537 +13.20
425–442 435 4 128.00–136.00 $129.96 $565 —
455–490 476 4 123.00–133.00 $127.76 $608 +9.76
594–598 597 16 108.00–114.00 $111.12 $663 +3.14
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 131.00 $131.00 $452 —
355–380 368 4 130.00–136.00 $132.69 $488 —
470 470 2 114.00–124.00 $119.00 $559 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–345 328 5 127.00–135.00 $132.65 $435 —
365–395 384 4 127.00–133.00 $129.51 $497 +5.51
400–430 410 3 120.00–134.00 $125.85 $516 +8.40
450 450 1 125.00 $125.00 $562 —
510–515 513 2 111.00–117.00 $113.99 $585 +7.57
615–640 623 3 95.00–96.00 $95.34 $594 -9.37
690 690 1 93.00 $93.00 $642 -8.00
715–720 718 2 95.00–99.00 $97.01 $697 -4.99
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 1 115.00 $115.00 $351 +1.00
355–395 376 4 119.00–125.00 $122.32 $460 +7.32
410–430 420 2 103.00–113.00 $108.12 $454 +6.12
465–495 480 2 102.00–114.00 $108.19 $519 +3.36
505 505 1 102.00 $102.00 $515 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 95.00 $95.00 $418 —
460–465 463 2 95.00–100.00 $97.51 $451 —
510–515 513 2 94.00–97.00 $95.49 $490 —
555–585 572 3 94.00–99.00 $95.71 $547 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425–445 435 2 113.00–115.00 $113.98 $496 +5.67
460–490 475 3 115.00–116.00 $115.32 $548 +9.52
505–525 515 2 103.00 $103.00 $530 —
615–630 623 2 91.00–94.00 $92.52 $576 +0.53
705 705 1 90.00 $90.00 $634 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 1 123.00 $123.00 $541 +1.00
460–465 463 2 119.00–125.00 $121.98 $565 +2.98
505–515 510 2 113.00–118.00 $115.52 $589 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505 505 1 99.00 $99.00 $500 —
575–595 585 2 90.00–91.00 $90.49 $529 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
740–1020 880 85-90% 2 25.00–28.50 $27.03 $238 —
865–1070 1002 85-90% 5 33.50–37.00 $35.68 $358 —
835–1285 1058 85-90% 9 40.00–45.00 $43.32 $458 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1015–1505 1257 80-85% 11 46.50–49.75 $48.13 $605 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1750–2020 1885 2 79.00–79.25 $79.13 $1,492 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
875–1050 964 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 4 710.00–760.00 $734.10
1075 1075 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 730.00 $730.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
945–1180 1063 Young (2-4 yrs)Open 4 825.00–1,180.00 $1,022.13 —
1235 1235 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 900.00 $900.00 —
1505 1505 Middle Aged (5-8 yrs)Open 2 950.00 $950.00 —

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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.