Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, November 16, 2020

533 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 533 412 540
Feeder cattle 392 293 503
Slaughter cattle 53 75 17
Replacement cattle 88 44 20

Market comments — USDA reporter

Good day, as compared to last market feeder calves seemed to be 3-7 higher and slaughter cows steady. No sales next week.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
230 230 1 160.00 $160.00 $368 —
250–265 258 2 160.00 $160.00 $413 —
340 340 1 160.00 $160.00 $544 +6.09
360–395 376 5 155.00–168.00 $162.13 $610 +6.59
430–445 438 7 150.00–155.00 $153.59 $673 +9.59
470–477 475 4 146.00–152.00 $150.01 $713 +16.25
575–595 585 2 125.00–126.00 $125.49 $734 —
600 600 1 110.00 $110.00 $660 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–330 322 6 170.00–180.00 $175.36 $565 +9.36
390 390 1 170.00 $170.00 $663 +10.00
400–425 412 3 157.00–166.00 $160.91 $663 +9.62
505–538 523 4 134.00–145.00 $139.10 $727 +2.10
560 560 1 140.00 $140.00 $784 +12.00
664–690 669 7 116.00–119.00 $116.59 $780 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 2 135.00–140.00 $137.50 $612 —
460 460 1 140.00 $140.00 $644 —
595 595 2 119.00 $119.00 $708 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 321 5 130.00–140.00 $135.10 $434 +2.82
350–390 373 6 130.00–138.00 $134.88 $503 -1.89
400–420 409 6 130.00–138.00 $134.00 $548 +0.59
450–465 457 3 130.00–131.00 $130.67 $597 +1.01
547 547 8 120.00 $120.00 $656 +0.83
584 584 5 111.00 $111.00 $648 -9.99
605–626 623 8 113.00–115.00 $114.76 $715 +4.96
761 761 3 105.00 $105.00 $799 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375–380 378 2 122.00 $122.00 $461 -3.00
500–540 525 6 110.00–117.00 $112.63 $591 -0.90
590 590 1 113.00 $113.00 $667 +4.01
612 612 2 104.00 $104.00 $636 —
663–665 664 8 105.00 $105.00 $697 +1.67
715–725 720 2 101.00–102.00 $101.50 $731 +1.50
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–440 430 2 115.00–119.00 $116.95 $503 —
450–490 467 6 110.00–116.00 $113.86 $532 —
515 515 1 106.00 $106.00 $546 —
570–580 575 2 107.00–108.00 $107.50 $618 +7.50

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415 415 1 127.00 $127.00 $527 —
475–490 483 2 120.00–126.00 $122.95 $594 +2.52
505–535 518 4 106.00–117.00 $111.41 $577 -12.26
560 560 2 111.00–115.00 $113.00 $633 -7.20
605–610 608 2 105.00–106.00 $105.50 $641 —
660 660 1 102.00 $102.00 $673 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435–445 440 2 135.00–141.00 $138.03 $607 -0.41
450–490 471 5 130.00–140.00 $132.75 $625 -2.25
515–540 524 4 120.00–127.00 $122.05 $640 -9.53
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480 480 1 115.00 $115.00 $552 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
865–980 910 85-90% 3 28.50–32.50 $30.57 $278 -7.18
820–1070 954 85-90% 5 33.50–38.50 $36.20 $345 —
985–1405 1146 85-90% 8 40.00–46.00 $43.63 $500 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1090–1350 1200 80-85% 3 48.50–50.00 $49.06 $589 -5.03
1020–1485 1221 80-85% 9 51.50–55.50 $53.10 $648 -0.99

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1775 1775 1 78.50 $78.50 $1,393 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
750–1040 870 Young (2-4 yrs)1st Stage (1-3 mo) 3 750.00–960.00 $865.10
1025 1025 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 785.00 $785.00
990–1145 1079 Young (2-4 yrs)2nd Stage (4-6 mo) 5 890.00–1,060.00 $965.97
1120–1240 1178 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 3 850.00–920.00 $876.44
1290 1290 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 800.00 $800.00
1580 1580 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 980.00 $980.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1250–1335 1283 Middle Aged (5-8 yrs)Open 6 920.00–1,000.00 $962.52 —
1530–1585 1558 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 4 1,250.00–1,420.00 $1,333.50 —

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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.