Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 3, 2022

174 head sold ·Official USDA report

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

Receipts

HeadThis saleLast saleLast year
Total receipts 174 624 352
Feeder cattle 114 369 277
Slaughter cattle 25 85 44
Replacement cattle 35 170 31

Market comments — USDA reporter

Good day, as compared to last market feeder calves were mixed, and slaughter cows and bulls were 2-3 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
275 275 1 193.00 $193.00 $531 +9.31
300–345 321 7 175.00–195.00 $184.32 $592 -8.09
370 370 1 180.00 $180.00 $666 -7.52
420 420 1 173.00 $173.00 $727 -9.49
475 475 1 168.00 $168.00 $798 -7.00
520 520 1 166.00 $166.00 $863 +15.01
675 675 1 153.00 $153.00 $1,033 +13.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–385 373 2 163.00–170.00 $166.38 $621 -11.52
405 405 1 160.00 $160.00 $648 -4.92
450 450 1 156.00 $156.00 $702 -14.82

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–330 320 2 150.00–157.00 $153.61 $492 -4.83
350–390 374 7 148.00–154.00 $151.15 $565 -7.83
400–425 408 5 145.00–154.00 $149.54 $610 +1.18
500 500 1 128.00 $128.00 $640 -2.52
580 580 2 130.00 $130.00 $754 -3.73
600–630 608 4 122.00–123.00 $122.74 $746 +2.96
650–685 668 2 121.00–122.00 $121.49 $812 —
730 730 1 130.00 $130.00 $949 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 315 3 137.00–145.00 $140.63 $443 -4.37
355–360 358 2 144.00 $144.00 $516 -2.49
400–425 413 5 130.00–138.00 $134.76 $557 -2.54
455–465 458 3 134.00–140.00 $137.34 $629 +1.84
525 525 1 125.00 $125.00 $656 +0.59
685 685 1 109.00 $109.00 $747 —

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435–440 438 2 155.00–159.00 $156.99 $688 —
535 535 2 142.00–143.00 $142.50 $762 -3.50
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 2 137.00–143.00 $140.00 $637 —
555 555 1 132.00 $132.00 $733 -0.49

↑ Back to top

Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
865–950 900 85-90% 4 44.00–48.50 $46.45 $418 —
810–1185 974 85-90% 9 50.00–59.50 $55.31 $539 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1020–1515 1213 80-85% 4 60.00–67.50 $63.06 $765 +3.84

↑ Back to top

Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1510–1525 1518 2 86.50–89.50 $87.99 $1,336 —
YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
2220 2220 1 100.00 $100.00 $2,220 —

↑ Back to top

Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
805 805 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 650.00 $650.00
830 830 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 640.00 $640.00
885–1095 990 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 2 650.00–750.00 $705.30

↑ Back to top

Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1285 1285 Middle Aged (5-8 yrs)Open 2 1,000.00 $1,000.00 —

↑ 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.