Cattle Market Pulse

Meridian Stockyard Market Report

Meridian, Mississippi · USDA-reported Auction Livestock

Sale of Monday, January 24, 2022

532 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $164.60/cwt ≈ $872/hd at 530 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 532 197 215
Feeder cattle 421 162 110
Slaughter cattle 42 24 26
Replacement cattle 69 11 79

Market comments — USDA reporter

Good day, as compared to last market feeder calves were 2-5 lower, and slaughter cows and bulls were 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
295 295 3 191.00 $191.00 $563 -9.00
340–345 342 3 186.00–191.00 $188.65 $645 -8.14
355–380 371 4 185.00–191.00 $186.77 $693 -11.23
410–415 413 2 182.00–185.00 $183.49 $758 -0.29
450–492 470 8 183.00–186.00 $184.55 $867 —
500–540 530 12 161.00–166.00 $164.60 $872 —
567–585 576 7 156.00–160.00 $158.55 $913 -6.68
651 651 3 145.00 $145.00 $944 -10.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 321 6 170.00–183.00 $176.54 $567 -5.93
375–390 383 2 181.00–183.00 $182.02 $697 -5.18
415–445 428 3 170.00–175.00 $172.95 $740 +2.95
450–490 472 8 164.00–172.00 $167.98 $793 -12.02
500 500 1 156.00 $156.00 $780 —
577–580 578 4 152.00–156.00 $155.00 $896 —
610 610 1 131.00 $131.00 $799 —
735 735 1 128.00 $128.00 $941 —
795 795 1 127.00 $127.00 $1,010 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363 363 9 200.00 $200.00 $726 —
707 707 8 138.00 $138.00 $976 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–330 328 2 160.00–168.00 $164.03 $538 —
355–395 372 3 163.00–168.00 $165.90 $617 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 325 7 149.00–158.00 $153.09 $498 -1.70
360–390 374 5 149.00–150.00 $149.81 $560 -6.95
400–425 418 4 143.00–148.00 $145.51 $608 -3.85
450–490 467 9 140.00–149.00 $143.98 $672 -2.68
503–505 503 5 137.00–140.00 $137.60 $692 -3.70
555–570 562 3 137.00–143.00 $139.69 $785 -3.96
610 610 1 135.00 $135.00 $824 —
710 710 1 130.00 $130.00 $923 ±0.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–330 322 5 143.00 $143.00 $460 ±0.00
355–390 371 4 140.00–145.00 $143.48 $532 +3.48
435 435 1 139.00 $139.00 $605 +0.93
470–475 473 2 137.00–139.00 $137.99 $653 -2.01
545 545 1 135.00 $135.00 $736 ±0.00
555–595 574 5 128.00–134.00 $130.24 $748 -1.76
615–620 618 2 120.00–125.00 $122.51 $757 —
685 685 1 115.00 $115.00 $788 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 1 139.00 $139.00 $549 —
460–475 467 3 120.00–131.00 $123.73 $578 -6.27
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
457 457 3 158.00 $158.00 $722 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430–445 438 2 159.00–168.00 $163.42 $716 -10.98
460–470 465 3 158.00–168.00 $161.96 $753 —
505–545 518 6 155.00–162.00 $158.62 $822 -1.38
560 560 1 159.00 $159.00 $890 —
615–620 618 2 149.00–154.00 $151.51 $936 +12.51
695 695 1 140.00 $140.00 $973 —
700 700 1 127.00 $127.00 $889 -9.00
750 750 1 126.00 $126.00 $945 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420–445 433 2 154.00–156.00 $155.03 $671 —
450–490 475 4 150.00–156.00 $154.32 $733 —
505–545 528 3 148.00–150.00 $149.32 $788 +6.32
660–685 673 2 129.00–134.00 $131.55 $885 —

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Slaughter Cows

Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
670–800 735 85-90% 2 32.00–35.00 $33.37 $245 —
815–1305 1013 85-90% 9 63.50–69.50 $67.41 $683 —
955–1155 1018 85-90% 5 44.00–54.00 $47.58 $484 —
Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920–1445 1154 80-85% 10 71.00–80.00 $74.62 $861 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1450 1450 75-80% 1 73.00 $73.00 $1,058 —

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Slaughter Bulls

YG1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1450–1530 1483 4 95.00–103.00 $98.20 $1,456 —

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Bred Cows

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
880 880 Young (2-4 yrs)2nd/3rd Stage (4-9 mo) 1 880.00 $880.00
810–930 883 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 4 700.00–800.00 $759.14
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1120 1120 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,000.00 $1,000.00
1190 1190 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 970.00 $970.00

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Cow-Calf Pairs

Medium and Large 2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1010 1010 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 1,125.00 $1,125.00 —
1040 1040 Middle Aged (5-8 yrs)Open 2 1,075.00 $1,075.00 —
1135 1135 Middle Aged (5-8 yrs)Open 2 1,175.00 $1,175.00 —
1245 1245 Young (2-4 yrs)Open 2 1,150.00 $1,150.00 —

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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.