Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 4, 2021

352 head sold ·Official USDA report

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

heavy 4-weight M&L 1-2 heifers $129.67/cwt ≈ $603/hd at 465 lb · 23 head
light 6-weight M&L 1-2 steers $131.00/cwt ≈ $799/hd at 610 lb · 16 head
light 7-weight M&L 1-2 steers $121.00/cwt ≈ $899/hd at 743 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 352 561 332
Feeder cattle 277 401 266
Slaughter cattle 44 60 40
Replacement cattle 31 100 26

Market comments — USDA reporter

Good day, as compared to the last market, feeder calves seemed to be 5-7 lower. Slaughter cattle were 2-5 higher.

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
280 280 1 165.00 $165.00 $462 -7.22
320–345 333 2 162.00–169.00 $165.63 $552 -8.91
380–390 385 3 159.00–164.00 $162.02 $624 -12.98
415–435 426 5 149.00–155.00 $150.82 $642 -21.13
460–495 489 8 142.00–151.00 $148.17 $725 -17.46
510–538 532 7 132.00–136.00 $134.73 $717 -15.85
560 560 2 129.00 $129.00 $722 —
610–635 618 3 115.00–117.00 $115.68 $715 -7.35
655–670 667 7 113.00–118.00 $116.73 $779 -6.09
710–720 712 6 111.00–113.00 $112.66 $802 —
778 778 4 114.00 $114.00 $887 —
950 950 1 105.00 $105.00 $998 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
462 462 4 160.00 $160.00 $739 —
610 610 16 131.00 $131.00 $799 —
743 743 15 121.00 $121.00 $899 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–320 315 3 150.00–158.00 $155.29 $489 -7.40
350–395 368 3 155.00–158.00 $156.69 $577 -5.16
405–430 420 3 134.00–140.00 $137.28 $577 -17.28
465–485 475 3 134.00–140.00 $137.38 $653 -16.59
565–591 584 6 121.00–122.00 $121.67 $711 -10.16
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 1 147.00 $147.00 $573 —
540 540 1 115.00 $115.00 $621 —

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Feeder Heifers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
462–477 465 23 126.00–131.00 $129.67 $603 —
582 582 14 122.00 $122.00 $710 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355 355 2 135.00 $135.00 $479 -4.00
410–440 424 7 115.00–121.00 $119.59 $507 -17.69
465–490 475 3 114.00–122.00 $117.40 $558 -11.60
510–527 524 5 112.00–119.00 $117.64 $616 -1.65
550 550 3 111.00–118.00 $115.67 $636 +2.67
625 625 1 109.00 $109.00 $681 -4.52
650 650 1 102.00 $102.00 $663 -13.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–325 315 2 120.00–125.00 $122.58 $386 —
350–395 373 2 119.00–120.00 $119.47 $446 -18.53
470–495 486 5 105.00–117.00 $109.77 $533 -15.98
515–540 530 3 105.00–110.00 $106.62 $565 +2.62

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 120.00 $120.00 $534 —
450–465 458 2 121.00–128.00 $124.44 $570 -5.90
515–520 518 2 120.00–126.00 $122.99 $637 -5.02
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
565–590 578 2 107.00–110.00 $108.47 $627 -8.22
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
560 560 1 119.00 $119.00 $666 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
930–1535 1244 80-85% 15 51.00–57.00 $54.12 $673 —
1330–1495 1393 80-85% 3 58.50–60.00 $59.04 $822 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
715 715 85-90% 1 32.50 $32.50 $232 —
835–1245 1006 85-90% 11 43.00–50.50 $47.17 $475 —

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Slaughter Bulls

YG2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1535–1960 1748 2 83.00–85.00 $84.12 $1,470 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
935–1085 1010 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 630.00–900.00 $775.02

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1270 1270 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.