Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, December 14, 2020

561 head sold ·Official USDA report

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

light 4-weight M&L 1-2 steers $174.00/cwt +4.00 vs last sale · ≈ $771/hd at 443 lb · 32 head
light 4-weight M&L 1-2 heifers $146.00/cwt +16.00 vs last sale · ≈ $613/hd at 420 lb · 27 head
heavy 3-weight M&L 1-2 heifers $160.00/cwt ≈ $595/hd at 372 lb · 20 head

Receipts

HeadThis saleLast saleLast year
Total receipts 561 826 378
Feeder cattle 401 648 181
Slaughter cattle 60 54 57
Replacement cattle 100 124 140

Market comments — USDA reporter

Good day, as compared to last market feeder calves were 5-8 higher. Slaughter cows and bulls were 2-3 higher. No sales for two weeks, next sale January the 4th. Merry Christmas and happy new year.

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
384 384 11 190.00 $190.00 $730 —
443 443 32 174.00 $174.00 $771 +4.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
240 240 1 171.00 $171.00 $410 —
250–275 265 4 170.00–175.00 $172.22 $456 -1.12
310–340 327 6 170.00–183.00 $174.54 $571 +2.65
385 385 1 175.00 $175.00 $674 +4.42
400–435 415 3 165.00–183.00 $171.95 $714 +18.36
470–480 473 3 160.00–174.00 $165.63 $783 +11.54
500–520 508 5 146.00–158.00 $150.58 $765 +10.38
615–640 629 4 119.00–127.00 $123.03 $774 -2.16
650–695 664 5 122.00–125.00 $122.82 $816 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–335 325 3 158.00–166.00 $162.69 $529 -0.76
350–385 369 6 158.00–166.00 $161.85 $597 -3.15
405–440 422 5 149.00–159.00 $154.56 $652 +15.01
450–490 471 4 148.00–158.00 $153.97 $725 +11.49
515–535 523 3 130.00–140.00 $135.36 $708 +9.18
550–590 572 5 126.00–138.00 $131.83 $754 +6.89
735 735 1 110.00 $110.00 $808 -2.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–445 428 2 137.00–143.00 $139.88 $599 —
450–490 468 6 136.00–146.00 $141.61 $663 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
372 372 20 160.00 $160.00 $595 —
420 420 27 146.00 $146.00 $613 +16.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
286 286 6 159.00 $159.00 $455 —
310 310 1 141.00 $141.00 $437 +4.00
385 385 1 139.00 $139.00 $535 +3.10
425–435 428 3 130.00–142.00 $137.28 $588 +11.27
495 495 1 129.00 $129.00 $639 +2.00
500–540 520 2 114.00–125.00 $119.29 $620 +4.29
562 562 4 113.00 $113.00 $635 —
615–625 620 2 111.00–116.00 $113.52 $704 +0.46
660 660 1 115.00 $115.00 $759 —
725 725 1 108.00 $108.00 $783 -4.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 1 138.00 $138.00 $483 +9.79
450–480 466 4 121.00–129.00 $125.75 $586 +7.19
525 525 1 104.00 $104.00 $546 -6.00
635 635 1 108.00 $108.00 $686 —

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Feeder Bulls

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500–540 518 3 119.00–122.00 $120.36 $623 +9.10
555–595 576 7 113.00–122.00 $116.69 $672 +1.69
685 685 1 102.00 $102.00 $699 -2.00
825 825 1 90.00 $90.00 $742 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480–495 488 3 129.00–132.00 $130.34 $636 -2.93
510–535 525 3 126.00–130.00 $128.01 $672 +8.11
555 555 1 126.00 $126.00 $699 +6.03
605 605 1 114.00 $114.00 $690 -0.21

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
995–1445 1205 80-85% 21 45.00–51.50 $47.98 $578 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
775–910 848 85-90% 3 28.00–34.00 $30.79 $261 —
960–985 973 85-90% 2 24.00–25.00 $24.49 $238 -16.94
940–1375 1134 85-90% 14 37.50–54.50 $44.18 $501 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1645–1915 1738 3 82.00–85.00 $83.68 $1,454 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1340–1680 1510 2 76.00–77.00 $76.44 $1,154 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
755–1060 913 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 3 700.00–890.00 $837.65
970 970 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 1,150.00 $1,150.00
770–1075 993 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 4 720.00–1,150.00 $1,020.31
1070 1070 Young (2-4 yrs)2nd Stage (4-6 mo) 2 950.00 $950.00
975–1160 1075 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 8 910.00–1,130.00 $1,045.60
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
990 990 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,000.00 $1,000.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1170 1170 Young (2-4 yrs)Open 2 1,050.00 $1,050.00 —

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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.