Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, March 8, 2021

369 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $168.59/cwt +2.40 vs last sale · ≈ $706/hd at 419 lb · 11 head
light 5-weight M&L 1 steers $156.77/cwt +5.28 vs last sale · ≈ $825/hd at 526 lb · 11 head
light 5-weight M&L 2 steers $147.79/cwt +10.79 vs last sale · ≈ $780/hd at 528 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 369 298 225
Feeder cattle 265 200 178
Slaughter cattle 51 66 32
Replacement cattle 53 32 15

Market comments — USDA reporter

Good day, as compared to last market feeder calves seemed 3-5 higher, and slaughter cows and bulls were steady.

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
335 335 1 185.00 $185.00 $620 +10.50
350–395 373 8 170.00–185.00 $176.65 $659 +5.93
400–440 419 11 162.00–177.00 $168.59 $706 +2.40
465–490 478 2 164.00–166.00 $164.97 $789 +4.97
505–534 526 11 150.00–163.00 $156.77 $825 +5.28
550–585 568 3 150.00–153.00 $151.97 $863 +6.97
605–645 625 6 131.00–139.00 $134.95 $843 +9.15
650 650 1 133.00 $133.00 $864 +5.52
700 700 1 124.00 $124.00 $868 -1.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–340 328 2 161.00–168.00 $164.63 $540 —
385–390 388 2 167.00–168.00 $167.50 $650 —
400–440 424 4 148.00–158.00 $152.32 $646 +2.32
450–495 472 7 152.00–158.00 $154.57 $730 +6.64
505–545 528 10 144.00–149.00 $147.79 $780 +10.79
570–585 579 5 132.00–140.00 $135.42 $784 -4.58
655 655 1 125.00 $125.00 $819 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 157.00 $157.00 $518 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 336 5 135.00–141.00 $138.61 $466 -0.03
355–385 369 4 141.00–142.00 $141.52 $522 +8.05
400–435 414 6 134.00–145.00 $138.95 $575 +7.53
470–495 483 4 133.00–138.00 $135.24 $653 +10.24
510–515 512 3 135.00–137.00 $135.67 $695 +9.91
600–630 615 2 112.00–118.00 $114.93 $707 +1.26
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–360 355 2 125.00–132.00 $128.45 $456 +0.45
445 445 1 124.00 $124.00 $552 +0.99
455–480 468 4 126.00–131.00 $127.97 $599 +10.24
510 510 1 126.00 $126.00 $643 +6.00
560 560 1 121.00 $121.00 $678 +1.55
600 600 1 100.00 $100.00 $600 ±0.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
565–575 570 2 111.00–113.00 $111.99 $638 —

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
525–530 528 2 126.00 $126.00 $665 —
600–640 616 5 119.00–127.00 $124.95 $770 +5.95
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
575–595 585 2 117.00–122.00 $119.46 $699 +0.46

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
880–1460 1161 80-85% 17 60.00–67.50 $63.83 $741 —
1565 1565 80-85% 1 70.00 $70.00 $1,096 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
830–1065 927 85-90% 5 41.50–48.00 $44.28 $410 —
720–1255 994 85-90% 11 48.50–58.50 $53.25 $529 —

↑ Back to top

Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1500–1630 1547 3 78.50–82.00 $80.69 $1,248 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2035 2035 1 86.00 $86.00 $1,750 —

↑ Back to top

Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
880 880 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 750.00 $750.00
980 980 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 785.00 $785.00
1060 1060 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 810.00 $810.00
1020–1210 1100 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 5 780.00–940.00 $852.56

↑ Back to top

Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
970–995 983 Middle Aged (5-8 yrs)Open 4 960.00–1,010.00 $985.32 —
1035–1150 1093 Middle Aged (5-8 yrs)Open 4 970.00–1,010.00 $988.95 —

↑ Back to top

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.