Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, September 27, 2021

461 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $126.84/cwt -1.24 vs last sale · ≈ $668/hd at 527 lb · 16 head
light 4-weight M&L 1 heifers $126.28/cwt -3.11 vs last sale · ≈ $552/hd at 437 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 461 612 462
Feeder cattle 359 445 348
Slaughter cattle 33 74 75
Replacement cattle 69 93 39

Market comments — USDA reporter

Good day, as compared to last market feeder calves were 3-5 lower. Slaughter cows and bulls were 3-5 lower 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
310–340 327 3 150.00–158.00 $152.78 $500 -18.86
375–390 384 4 154.00–160.00 $156.22 $600 -8.17
400–447 433 7 145.00–153.00 $149.09 $646 -14.91
460–490 477 6 146.00–155.00 $150.68 $719 -8.32
500–525 508 4 144.00–150.00 $146.54 $744 —
600–640 625 3 125.00–133.00 $129.93 $812 -4.10
820 820 1 121.00 $121.00 $992 -7.00
960–965 963 2 115.00–117.00 $116.00 $1,117 -4.50
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 1 148.00 $148.00 $503 —
355–395 370 3 142.00–149.00 $144.59 $535 -8.48
415–435 423 3 133.00–142.00 $137.59 $582 -11.67
450–495 478 4 134.00–144.00 $139.60 $667 -6.98
500–525 518 5 133.00–140.00 $138.38 $717 +1.02
550–590 576 6 130.00–134.00 $132.19 $761 -5.13
620 620 1 120.00 $120.00 $744 —
670–680 675 2 120.00–121.00 $120.50 $813 -5.50
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 1 130.00 $130.00 $455 —
400–420 410 2 128.00–130.00 $128.98 $529 -8.13
545 545 1 122.00 $122.00 $665 -6.53
570–575 573 2 121.00 $121.00 $693 -8.49

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410–445 437 11 125.00–128.00 $126.28 $552 -3.11
460–465 464 7 125.00–134.00 $131.59 $611 -2.41
505–540 527 16 122.00–130.00 $126.84 $668 -1.24
555–585 570 7 122.00–124.00 $123.58 $704 -5.13
600–645 628 3 110.00–120.00 $115.46 $725 -9.26
685–690 688 2 117.00–119.00 $118.00 $812 -5.00
750 750 1 111.00 $111.00 $832 —
805–825 815 2 103.00–110.00 $106.46 $868 —
905 905 1 107.00 $107.00 $968 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–305 303 2 129.00–130.00 $129.50 $392 —
380–395 390 6 126.00–135.00 $129.99 $507 +1.54
430–440 435 3 119.00–122.00 $120.34 $523 -3.66
450–495 477 3 121.00–123.00 $121.69 $580 -3.79
500–515 509 4 115.00–117.00 $115.74 $589 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 1 123.00 $123.00 $387 —
370–380 375 2 123.00–124.00 $123.49 $463 +1.49

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 2 124.00–127.00 $125.50 $552 -12.09
450–485 468 3 129.00–130.00 $129.67 $607 -4.75
500–520 508 4 118.00–124.00 $120.24 $611 -9.07
560 560 1 117.00 $117.00 $655 -10.92
600–640 616 7 106.00–114.00 $110.18 $679 -9.78
650 650 2 106.00–110.00 $108.00 $702 -10.98
700–735 717 6 105.00–111.00 $107.03 $767 —
785 785 1 104.00 $104.00 $816 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445 445 1 115.00 $115.00 $512 —
500–530 519 5 115.00–117.00 $115.58 $600 —
555–598 589 5 111.00–117.00 $112.13 $660 -9.88

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
765–865 828 85-90% 3 36.00–40.00 $37.91 $314 —
1025 1025 85-90% 1 33.50 $33.50 $343 —
855–1225 1030 85-90% 8 45.00–54.00 $49.39 $509 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
900–1325 1138 80-85% 10 54.50–61.00 $57.85 $658 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1325 1325 1 82.00 $82.00 $1,086 —
1645–1810 1725 3 84.50–86.00 $85.35 $1,472 —

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Bred Cows

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1025 1025 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,410.00 $1,410.00
990–1175 1098 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 6 1,375.00–1,660.00 $1,545.56
Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
860–970 924 Young (2-4 yrs)2nd Stage (4-6 mo) 4 1,000.00–1,050.00 $1,021.95
990 990 Young (2-4 yrs)1st Stage (1-3 mo) 1 950.00 $950.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1070 1070 Young (2-4 yrs)Open 2 900.00 $900.00 —

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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.