Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 11, 2021

293 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $134.76/cwt +19.08 vs last sale · ≈ $845/hd at 627 lb · 75 head
heavy 5-weight M&L 1 heifers $123.25/cwt +7.58 vs last sale · ≈ $701/hd at 569 lb · 33 head
heavy 4-weight M&L 1-2 heifers $136.81/cwt +7.14 vs last sale · ≈ $653/hd at 477 lb · 16 head

Receipts

HeadThis saleLast saleLast year
Total receipts 293 352 228
Feeder cattle 273 277 187
Slaughter cattle 16 44 23
Replacement cattle 4 31 18

Market comments — USDA reporter

Good day, as compared to last market feeder calves were 5-7 higher. Slaughter cows and bulls were steady, with just a small offering.

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
215–245 230 2 173.00 $173.00 $398 —
265–285 275 2 164.00–168.00 $165.93 $456 +0.93
305 305 1 161.00 $161.00 $491 -4.63
365–390 386 8 159.00–166.00 $164.78 $636 +2.76
400–435 418 2 148.00–151.00 $149.44 $625 -1.38
450–495 471 10 142.00–151.00 $146.26 $689 -1.91
500–530 515 2 142.00–145.00 $143.54 $739 +8.81
605–645 627 75 124.00–135.00 $134.76 $845 +19.08
675 675 9 127.00 $127.00 $857 +10.27
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300 300 1 150.00 $150.00 $450 -5.29
350–395 373 2 150.00–151.00 $150.47 $561 -6.22
425–440 433 2 134.00–140.00 $137.05 $593 -0.23
465–495 480 2 134.00–135.00 $134.52 $646 -2.86
530–540 535 6 125.00–129.00 $125.84 $673 —
585 585 1 127.00 $127.00 $743 +5.33
653 653 10 120.00 $120.00 $784 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 3 178.00 $178.00 $552 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
292 292 7 152.00 $152.00 $444 —
300–340 322 3 130.00–134.00 $132.40 $426 —
375–395 387 3 133.00–136.00 $133.97 $518 -1.03
415–430 421 4 125.00–130.00 $128.72 $542 +9.13
450–490 470 8 117.00–125.00 $123.70 $581 +6.30
505–530 520 6 116.00–123.00 $120.51 $627 +2.87
555–585 569 33 115.00–125.00 $123.25 $701 +7.58
615–635 627 3 106.00–116.00 $111.62 $700 +2.62
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 7 144.00 $144.00 $533 —
460–487 477 16 135.00–140.00 $136.81 $653 +7.14
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 122.00 $122.00 $403 -0.58
445 445 1 125.00 $125.00 $556 —
450–495 474 7 114.00–124.00 $118.37 $561 +8.60
525–545 533 3 114.00 $114.00 $608 +7.38
580–590 585 2 110.00–111.00 $110.50 $646 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–495 469 4 130.00–138.00 $133.96 $628 +9.52
530 530 1 131.00 $131.00 $694 +8.01
565 565 1 125.00 $125.00 $706 —
610–625 617 3 120.00–125.00 $122.32 $755 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 1 122.00 $122.00 $598 —
660–685 673 2 107.00–114.00 $110.57 $744 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
985–1240 1092 80-85% 9 50.00–53.50 $51.69 $564 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
915–1245 1062 85-90% 3 43.00–49.50 $47.31 $502 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1490 1490 75-80% 1 45.50 $45.50 $678 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1190 1190 1 74.50 $74.50 $887 —

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
970 970 Young (2-4 yrs)Open 2 800.00 $800.00 —

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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.