Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 25, 2021

215 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $147.20/cwt +2.70 vs last sale · ≈ $751/hd at 510 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 215 369 280
Feeder cattle 110 253 250
Slaughter cattle 26 53 16
Replacement cattle 79 63 14

Market comments — USDA reporter

Good day, as compared to last market feeder calves seemed to be steady, and slaughter cows and bulls were steady as well.

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
240 240 1 175.00 $175.00 $420 —
260–285 273 2 166.00–170.00 $168.09 $459 -7.11
300–345 321 8 162.00–174.00 $165.30 $531 -3.20
350–380 365 2 161.00–165.00 $162.92 $595 -14.70
425–440 434 4 161.00–165.00 $163.50 $710 +0.21
500–512 510 10 147.00–148.00 $147.20 $751 +2.70
560 560 1 146.00 $146.00 $818 +13.53
675 675 1 130.00 $130.00 $878 +14.50
850 850 1 111.00 $111.00 $944 —
925 925 1 107.00 $107.00 $990 —
1045 1045 1 100.00 $100.00 $1,045 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–330 325 2 150.00–154.00 $152.03 $494 —
350–380 369 5 150.00–159.00 $153.87 $568 —
415–435 425 2 141.00–143.00 $141.98 $603 -14.54
460–490 480 6 147.00–150.00 $148.15 $711 —
535 535 1 137.00 $137.00 $733 —
675–695 685 2 113.00–118.00 $115.46 $791 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 323 2 137.00–140.00 $138.40 $447 +0.92
350–390 370 5 134.00–141.00 $136.59 $505 +2.97
400–435 408 6 120.00–134.00 $127.95 $522 -1.82
460 460 4 125.00 $125.00 $575 -2.77
505–509 508 7 119.00 $119.00 $605 -1.08
555 555 1 117.00 $117.00 $649 -1.00
600 600 1 117.00 $117.00 $702 +9.64
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–315 308 2 130.00–134.00 $132.05 $407 —
355–360 357 3 130.00–131.00 $130.33 $465 —
450–495 478 6 114.00–122.00 $116.44 $557 -3.07
500–530 515 2 112.00 $112.00 $577 —
565–570 568 2 113.00–114.00 $113.50 $645 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470 470 1 112.00 $112.00 $526 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–420 413 2 127.00–130.00 $128.47 $531 -43.51
480–485 483 2 125.00–130.00 $127.51 $616 -16.44
520–540 530 2 121.00–122.00 $121.51 $644 -8.82
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
590 590 1 112.00 $112.00 $661 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
805 805 85-90% 1 37.50 $37.50 $302 —
990–1330 1087 85-90% 5 50.50–52.50 $51.41 $559 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1170–1405 1285 80-85% 4 55.50–61.00 $57.73 $742 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1425 1425 75-80% 1 50.00 $50.00 $712 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1450–2040 1835 3 82.50–85.50 $83.97 $1,541 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
970–1230 1100 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 750.00–760.00 $754.41
1175 1175 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 800.00 $800.00
1185–1535 1383 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 4 835.00–1,010.00 $941.10

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
995–1550 1368 Middle Aged (5-8 yrs)Open 12 970.00–1,400.00 $1,140.79 —
1600 1600 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 2 1,300.00 $1,300.00 —
1635 1635 Young (2-4 yrs)Open 2 1,340.00 $1,340.00 —
Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1260 1260 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.