Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 16, 2021

531 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $145.28/cwt -7.69 vs last sale · ≈ $821/hd at 565 lb · 25 head
light 5-weight M&L 1 heifers $132.89/cwt +3.07 vs last sale · ≈ $691/hd at 520 lb · 24 head
light 6-weight M&L 1 heifers $129.23/cwt +3.05 vs last sale · ≈ $805/hd at 623 lb · 18 head

Receipts

HeadThis saleLast saleLast year
Total receipts 531 629 403
Feeder cattle 425 317 323
Slaughter cattle 82 60 36
Replacement cattle 24 252 44

Market comments — USDA reporter

Good day, as compared to last market feeder calves were 3-5 higher, 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
275 275 1 182.00 $182.00 $500 —
300–340 319 6 178.00–184.00 $181.03 $577 +4.86
400–440 419 7 158.00–171.00 $161.98 $679 +4.20
450–495 470 11 156.00–162.00 $158.96 $747 +1.30
500–540 515 5 150.00–155.00 $153.17 $789 -1.66
555–590 565 25 145.00–149.00 $145.28 $821 -7.69
608–635 612 17 135.00–140.00 $137.37 $841 +2.48
660 660 1 138.00 $138.00 $911 +8.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–390 379 6 161.00–172.00 $166.82 $632 +2.14
405–440 425 3 152.00–155.00 $153.96 $654 —
460 460 1 150.00 $150.00 $690 +1.49
520–545 533 2 136.00–145.00 $140.61 $749 -1.43
550–590 573 6 137.00–146.00 $142.13 $814 -0.35
600–645 622 5 128.00–133.00 $130.41 $811 —
660–695 678 3 130.00–133.00 $130.97 $888 —
795 795 1 126.00 $126.00 $1,002 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
412 412 4 165.00 $165.00 $680 —
713 713 14 136.00 $136.00 $970 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
390 390 1 151.00 $151.00 $589 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–330 320 2 144.00 $144.00 $461 +0.29
365–398 392 12 139.00–144.00 $142.06 $557 +1.05
415–441 436 5 140.00–141.00 $140.81 $614 +1.08
468 468 7 138.00 $138.00 $646 +2.00
500–540 520 24 128.00–138.00 $132.89 $691 +3.07
550–585 561 4 129.00–132.00 $130.28 $731 +2.28
600–630 623 18 127.00–130.00 $129.23 $805 +3.05
800–845 818 4 102.00–110.00 $105.71 $865 —
860–870 865 2 106.00–110.00 $107.99 $934 -2.01
955–960 958 3 102.00–106.00 $104.67 $1,003 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–440 432 3 132.00–134.00 $132.98 $574 -1.43
455–490 474 7 127.00–135.00 $131.73 $624 -0.96
515–540 525 3 127.00–128.00 $127.67 $670 +3.72
565–590 580 5 119.00–127.00 $123.16 $714 +0.04
600–635 623 3 112.00–121.00 $116.93 $728 —
680–690 685 2 109.00–118.00 $113.47 $777 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
565 565 1 112.00 $112.00 $633 —

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
425 425 1 135.00 $135.00 $574 -8.46
465–495 480 2 137.00–142.00 $139.42 $669 -8.58
515–530 520 3 126.00–136.00 $131.05 $681 —
550–595 574 5 123.00–130.00 $126.18 $724 —
605 605 2 124.00–125.00 $124.50 $753 +6.01
665–695 680 2 120.00–121.00 $120.51 $819 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
545 545 1 118.00 $118.00 $643 -7.11
570–595 583 2 120.00–121.00 $120.51 $703 -2.98
605–640 623 6 113.00–119.00 $116.81 $728 —
650 650 2 115.00–118.00 $116.50 $757 —

↑ Back to top

Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
840–1030 917 85-90% 3 39.50–47.00 $43.59 $400 —
860–1210 968 85-90% 6 47.50–57.50 $51.87 $502 -4.12
840–1335 1065 85-90% 10 60.00–66.50 $63.97 $681 +0.98
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1520 1203 80-85% 15 68.00–74.00 $70.63 $850 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1330–1655 1480 75-80% 5 63.00–67.00 $64.96 $961 —

↑ Back to top

Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1625–1935 1776 6 92.50–98.00 $95.11 $1,689 —
YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1250–1875 1610 3 82.00–87.50 $85.69 $1,380 —

↑ Back to top

Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1055 1055 Young (2-4 yrs)1st/2nd Stage (1-6 mo) 1 830.00 $830.00
1125 1125 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 800.00 $800.00
1235 1235 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 950.00 $950.00

↑ Back to top

Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1405 1405 Young (2-4 yrs)1st Stage (1-3 mo) 2 1,625.00 $1,625.00 —
1625 1625 Middle Aged (5-8 yrs)Open 2 1,375.00 $1,375.00 -854.80
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1260 1260 Young (2-4 yrs)Open 2 1,200.00 $1,200.00 —

↑ 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.