Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, August 23, 2021

477 head sold ·Official USDA report

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

light 7-weight M&L 1-2 steers $156.00/cwt +20.00 vs last sale · ≈ $1,131/hd at 725 lb · 69 head
heavy 5-weight M&L 1 heifers $138.93/cwt +8.65 vs last sale · ≈ $782/hd at 563 lb · 59 head
light 7-weight M&L 1-2 heifers $136.88/cwt ≈ $986/hd at 720 lb · 26 head

Receipts

HeadThis saleLast saleLast year
Total receipts 477 531 383
Feeder cattle 423 425 333
Slaughter cattle 42 82 32
Replacement cattle 12 24 18

Market comments — USDA reporter

Good day, as compared to last market feeder calves were steady, weaned calves 3-7 higher. Slaughter cows and bulls were steady. Sold load of weaned black hided steers average weight 725 lbs. @ $ 1.56 per lb.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
622 622 19 160.00 $160.00 $995 —
725 725 69 156.00 $156.00 $1,131 +20.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 189.00 $189.00 $614 +7.97
355–360 358 2 189.00–190.00 $189.50 $678 —
420–445 433 2 163.00–166.00 $164.54 $712 +2.56
455–470 463 2 170.00–173.00 $171.48 $794 +12.52
505–527 524 8 155.00–164.00 $156.08 $818 +2.91
555–575 565 3 150.00–157.00 $153.32 $866 +8.04
618–625 619 7 149.00–157.00 $155.85 $965 +18.48
666 666 10 155.00 $155.00 $1,032 +17.00
700–710 709 16 130.00–135.00 $134.44 $953 —
772–779 774 20 139.00–140.00 $139.70 $1,081 —
835 835 12 129.00 $129.00 $1,077 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375–385 380 3 165.00–177.00 $170.97 $650 +4.15
435 435 1 150.00 $150.00 $652 -3.96
475–485 481 4 150.00–151.00 $150.25 $723 +0.25
550–560 555 4 143.00–148.00 $144.75 $803 +2.62
615–620 618 2 139.00–143.00 $141.01 $871 +10.60
670 670 1 131.00 $131.00 $878 +0.03
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 144.00 $144.00 $641 —
545 545 1 123.00 $123.00 $670 —
610–625 618 2 118.00–127.00 $122.55 $757 —
650–685 668 2 128.00–130.00 $129.03 $862 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370 370 1 137.00 $137.00 $507 -5.06
430 430 1 142.00 $142.00 $611 +1.19
450–495 468 5 138.00–142.00 $139.58 $653 +1.58
524 524 9 141.00 $141.00 $739 +8.11
562–577 563 59 137.00–139.00 $138.93 $782 +8.65
620–640 629 5 126.00–130.00 $127.41 $801 -1.82
650–675 653 18 126.00–130.00 $126.34 $825 —
915 915 1 113.00 $113.00 $1,034 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
700–733 720 26 135.00–138.00 $136.88 $986 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 1 135.00 $135.00 $466 —
405–435 423 3 135.00–137.00 $136.00 $575 +3.02
475–485 480 5 133.00–136.00 $133.80 $642 +2.07
500–540 513 4 129.00–130.00 $129.75 $666 +2.08
555–560 558 2 130.00–131.00 $130.50 $728 +7.34
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–440 428 2 125.00 $125.00 $535 —
480 480 1 126.00 $126.00 $605 —
530 530 1 121.00 $121.00 $641 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400 400 1 140.00 $140.00 $560 +5.00
460–470 465 3 138.00–145.00 $142.02 $660 +2.60
505–530 522 3 136.00–140.00 $138.65 $724 +7.60
555–570 563 2 134.00–143.00 $138.56 $780 +12.38
610 610 1 126.00 $126.00 $769 +1.50
760 760 1 117.00 $117.00 $889 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450 450 1 128.00 $128.00 $576 —
565–575 570 3 125.00–128.00 $126.33 $720 +5.82
660 660 1 117.00 $117.00 $772 +0.50

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–960 866 85-90% 4 40.50–48.00 $45.59 $395 —
820–1095 989 85-90% 4 52.50–58.00 $55.50 $549 +3.63
820–1210 1030 85-90% 10 60.50–67.50 $63.44 $653 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
935–1405 1131 80-85% 9 68.00–74.50 $70.46 $797 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1200–1500 1350 75-80% 2 61.00–64.00 $62.33 $841 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1180–1355 1268 2 85.00–85.50 $85.27 $1,081 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1570 1570 1 95.00 $95.00 $1,492 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
900–955 928 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 780.00–820.00 $799.41
945 945 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 890.00 $890.00
1040 1040 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 700.00 $700.00
1055 1055 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 840.00 $840.00

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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.