light 6-weight M&L 1-2 steers$363.91/cwt≈ $2,249/hd at 618 lb · 17 head
heavy 5-weight M&L 1-2 steers$393.42/cwt≈ $2,207/hd at 561 lb · 13 head
Six-weight steers at Meridian, MS sold at $363/cwt, which is $7/cwt above the MS average ($356) but $22/cwt under the Southeast Direct Cattle Report ($385). MS 6-weight steers are down $57 from their late-June peak of $411.
What this means — computed from this report and its neighbors
Receipts
Head
This sale
Last sale
Last year
Total receipts
299
212
330
Feeder cattle
265
182
296
Slaughter cattle
34
11
34
Replacement cattle
—
19
—
Market comments — USDA reporter
As compared to the last market: Feeder calves sold steady to 5.00 higher. And slaughter cattle sold a little stronger.
▲ Slaughter cattle: And slaughter cattle sold a little stronger
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.
As compared to the last market: Feeder calves sold steady to 5.00 higher. And slaughter cattle sold a little stronger.