Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, May 24, 2021

318 head sold ·Official USDA report

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

heavy 7-weight M&L 1-2 steers $127.00/cwt ≈ $996/hd at 784 lb · 24 head
light 6-weight M&L 1 heifers $119.70/cwt +5.07 vs last sale · ≈ $742/hd at 620 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 318 675 394
Feeder cattle 205 148 234
Slaughter cattle 55 120 62
Replacement cattle 58 407 98

Market comments — USDA reporter

Good day, as compared to last market feeder calves were steady. Slaughter cows and bulls 2-4 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
305–340 323 2 158.00–161.00 $159.58 $515 -6.42
365–375 370 2 160.00 $160.00 $592 —
410–445 427 3 156.00–157.00 $156.67 $669 +6.17
460–485 472 3 148.00–152.00 $149.67 $706 +0.44
520–525 523 2 139.00–146.00 $142.48 $745 -2.23
555–570 561 4 138.00–139.00 $138.50 $777 —
600–635 610 7 130.00–139.00 $135.53 $827 +5.71
655–670 660 4 130.00–134.00 $132.26 $873 +4.51
705 705 2 132.00 $132.00 $931 +8.00
832 832 6 124.00 $124.00 $1,032 +9.00
910–947 942 8 116.00–117.00 $116.12 $1,094 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
784 784 24 127.00 $127.00 $996 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–375 365 2 156.00–157.00 $156.49 $571 +3.89
410–425 418 2 130.00–140.00 $134.91 $564 -10.09
465–485 481 5 130.00–142.00 $139.68 $672 —
570–595 583 2 135.00–136.00 $135.51 $790 +7.50
620 620 1 125.00 $125.00 $775 +1.00
745 745 1 117.00 $117.00 $872 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–315 308 2 128.00–130.00 $128.98 $397 -0.02
370–395 380 3 127.00–131.00 $129.37 $492 -0.63
405–425 415 2 129.00–132.00 $130.46 $541 +4.46
450–475 463 2 130.00 $130.00 $602 +4.74
505–540 525 4 122.00–126.00 $123.97 $651 +1.28
565–575 568 3 126.00–127.00 $126.34 $718 +5.21
605–640 620 11 112.00–122.00 $119.70 $742 +5.07
730 730 1 111.00 $111.00 $810 -1.24
781 781 5 112.00 $112.00 $875 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300 300 1 125.00 $125.00 $375 -1.51
350–360 355 2 125.00 $125.00 $444 +0.24
415–425 420 2 119.00–121.00 $120.01 $504 +1.34
455–475 465 4 121.00–126.00 $122.72 $571 +1.22
620 620 1 115.00 $115.00 $713 —
675–690 683 2 105.00–113.00 $108.96 $744 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510–535 523 3 122.00–125.00 $123.65 $647 -15.85
600–615 608 2 110.00–116.00 $112.96 $687 -4.03
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485–490 488 2 123.00–125.00 $124.01 $605 —
570–585 578 2 114.00–115.00 $114.49 $662 -7.51

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
925–1445 1097 80-85% 21 62.50–71.00 $66.79 $733 —
1100–1770 1416 80-85% 5 72.50–75.50 $73.65 $1,043 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
795–1610 1030 85-90% 12 49.00–62.00 $56.69 $584 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1715 1715 1 97.00 $97.00 $1,664 —
1810 1810 1 108.00 $108.00 $1,955 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1100 1100 1 82.50 $82.50 $908 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
795 795 Young (2-4 yrs)1st Stage (1-3 mo) 1 860.00 $860.00
900–920 912 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 3 750.00–900.00 $849.54
920–1305 1113 Young (2-4 yrs)2nd Stage (4-6 mo) 2 900.00–1,125.00 $1,031.97

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
845–1090 966 Young (2-4 yrs)Open 12 1,100.00–1,385.00 $1,258.40 —
1040–1195 1118 Young (2-4 yrs)Open 4 1,320.00–1,420.00 $1,373.47 —

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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.