Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, March 15, 2021

466 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $134.00/cwt +1.00 vs last sale · ≈ $903/hd at 674 lb · 28 head
heavy 7-weight M&L 1 steers $121.74/cwt ≈ $951/hd at 781 lb · 23 head
heavy 5-weight M&L 1 heifers $121.54/cwt ≈ $692/hd at 569 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 466 369 147
Feeder cattle 379 265 75
Slaughter cattle 38 51 38
Replacement cattle 49 53 34

Market comments — USDA reporter

Good day, as compared to the last market feeder calves were steady. 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
325–345 332 6 170.00–178.00 $174.95 $581 -10.05
365–390 376 6 175.00–179.00 $176.99 $665 +0.34
405–445 421 5 162.00–173.00 $167.31 $704 -1.28
450–455 453 3 160.00–168.00 $163.99 $743 -0.98
500–535 510 5 150.00–158.00 $154.65 $789 -2.12
550–567 554 9 154.00–156.00 $154.45 $856 +2.48
605 605 4 136.00 $136.00 $823 +1.05
667–687 674 28 131.00–135.00 $134.00 $903 +1.00
751–795 781 23 119.00–123.00 $121.74 $951 —
800–821 812 10 120.00 $120.00 $974 —
933 933 11 115.00 $115.00 $1,073 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
265–280 273 2 160.00–167.00 $163.40 $446 —
305–340 322 3 163.00–168.00 $166.34 $536 +1.71
375–385 380 2 161.00–163.00 $161.99 $616 -5.51
450–485 463 3 155.00–158.00 $156.67 $725 +2.10
560 560 4 132.00–140.00 $138.00 $773 +2.58
610 610 1 125.00 $125.00 $762 —
660 660 1 120.00 $120.00 $792 -5.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375 375 1 156.00 $156.00 $585 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
260 260 1 139.00 $139.00 $361 —
315–345 333 3 136.00–138.00 $136.68 $455 -1.93
380 380 1 140.00 $140.00 $532 -1.52
400–440 429 5 131.00–136.00 $133.23 $572 -5.72
465–480 468 5 128.00–130.00 $129.21 $605 -6.03
510–545 524 14 119.00–127.00 $122.16 $640 -13.51
550–590 569 17 119.00–124.00 $121.54 $692 —
606–640 616 11 105.00–119.00 $115.28 $710 +0.35
655–667 665 6 105.00–117.00 $115.03 $765 —
717 717 2 110.00 $110.00 $789 —
820 820 6 110.00 $110.00 $902 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 130.00 $130.00 $448 —
390 390 1 129.00 $129.00 $503 +0.55
460–465 462 3 122.00–126.00 $124.34 $574 -3.63
545 545 1 116.00 $116.00 $632 -10.00
550 550 1 114.00 $114.00 $627 -7.00
675 675 1 100.00 $100.00 $675 —
745 745 1 103.00 $103.00 $767 —
765–780 773 2 100.00–108.00 $103.96 $804 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–495 473 4 145.00–153.00 $147.66 $698 —
520–540 530 2 149.00–150.00 $149.51 $792 +23.51
620 620 1 130.00 $130.00 $806 +5.05
650 650 1 113.00 $113.00 $734 —
700 700 1 110.00 $110.00 $770 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
490 490 2 136.00–137.00 $136.50 $669 —
500–545 525 4 129.00–139.00 $132.36 $695 —
560 560 1 134.00 $134.00 $750 +14.54
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
580 580 1 121.00 $121.00 $702 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
835–1055 915 85-90% 6 40.00–48.50 $44.00 $403 -0.28
850–1260 1041 85-90% 9 47.00–57.00 $53.32 $555 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1285–1590 1474 75-80% 6 54.50–59.00 $56.78 $837 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
885–1145 1069 80-85% 5 59.50–66.00 $62.21 $665 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2000–2185 2093 2 84.50–86.00 $85.22 $1,784 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1820–2055 1938 2 76.50–78.50 $77.56 $1,503 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
840–940 890 Young (2-4 yrs)2nd Stage (4-6 mo) 2 720.00–740.00 $730.56
905 905 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 800.00 $800.00
1030 1030 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 875.00 $875.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1135 1135 Middle Aged (5-8 yrs)Open 2 940.00 $940.00 —
1400 1400 Middle Aged (5-8 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.