Sale reports / Mississippi / Meridian Livestock Auction / 2020-09-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 21
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
371 head
▲ 132 vs last sale 239▼ 207 vs year ago 578 · −35.8%
Slaughter Cattle receipts
53 head
▲ 6 vs last sale 47▼ 25 vs year ago 78 · −32.1%
Replacement Cattle receipts
35 head
▲ 5 vs last sale 30▲ 10 vs year ago 25 · +40.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $111.61/cwt on 72 head.
Average price
$111.61
72 head · 514 lb average
Value per head Derived
$574
Price × average weight ÷ 100
Grade differential Derived
$256
per head · Medium and Large 1-2 over Medium and Large 3
$18.40/cwt at this weight
vs the market
−6.82
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2630119.007505thin
Medium and Large 1512114.7958836
Medium and Large 2498107.9053726
Medium and Large 3491100.604945thin
One grade step is worth $18.40/cwt here — about $256 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale72 hd
111.61
—
MS average11 barns · 1,017 hd
118.43
−6.82
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Average1,50882.411,2434thin
CowsBoner 80-85%Low1,22255.6568011
CowsBreaker 75-80%Average1,44952.997684thin
CowsLean 85-90%Very Low96248.7546914

Every lot

66 lots · USDA AMS · Meridian Stockyard - Meridian, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers20 lots · lightest first
Steers—Medium and Large 3300140.00/cwt140.00–140.004201
Steers—Medium and Large 1315160.00/cwt160.00–160.005041
Steers—Medium and Large 2337152.69/cwt145.00–157.005153
Steers—Medium and Large 1360158.00/cwt158.00–158.005691
Steers—Medium and Large 2378150.03/cwt149.00–151.005672
Steers—Medium and Large 3385141.00/cwt141.00–141.005431
Steers—Medium and Large 3405130.00/cwt130.00–130.005271
Steers—Medium and Large 2415139.00/cwt139.00–139.005771
Steers—Medium and Large 1460154.11/cwt151.00–155.007098
Steers—Medium and Large 3475130.00/cwt130.00–130.006181
Steers—Medium and Large 2477136.69/cwt134.00–142.006523
Steers—Medium and Large 1520143.00/cwt143.00–143.007441
Steers—Medium and Large 2535128.00/cwt126.00–131.006853
Steers—Medium and Large 1563128.00/cwt128.00–128.007217
Steers—Medium and Large 1609119.25/cwt115.00–120.007267
Steers—Medium and Large 2650109.00/cwt109.00–109.007091
Steers—Medium and Large 1652116.75/cwt116.00–117.007614
Steers—Medium and Large 1700118.00/cwt118.00–118.008266
Steers—Medium and Large 2710112.00/cwt112.00–112.007951
Steers—Medium and Large 2775106.00/cwt105.00–107.008222
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 1300126.00/cwt126.00–126.003781
Heifers—Medium and Large 2322120.02/cwt118.00–122.003865
Heifers—Medium and Large 1378125.74/cwt125.00–127.004754
Heifers—Medium and Large 2395119.00/cwt119.00–119.004701
Heifers—Medium and Large 1416125.24/cwt118.00–129.0052110
Heifers—Medium and Large 2422114.28/cwt110.00–119.004823
Heifers—Medium and Large 3430100.52/cwt100.00–101.004322
Heifers—Medium and Large 3450105.00/cwt105.00–105.004731
Heifers—Medium and Large 1465127.00/cwt127.00–127.005911
Heifers—Medium and Large 2475111.98/cwt110.00–114.005322
Heifers—Medium and Large 1505117.00/cwt117.00–117.005918
Heifers—Medium and Large 2530104.69/cwt104.00–106.005553
Heifers—Medium and Large 2562103.93/cwt100.00–108.005848
Heifers—Medium and Large 357398.49/cwt98.00–99.005642
Heifers—Medium and Large 162099.39/cwt98.00–100.006165
Heifers—Medium and Large 262092.00/cwt92.00–92.005701
Heifers—Medium and Large 1-2630119.00/cwt119.00–119.007505
Heifers—Medium and Large 166499.23/cwt95.00–105.006595
Heifers—Medium and Large 267393.98/cwt92.00–95.006323
Heifers—Medium and Large 170095.00/cwt95.00–95.006651
Heifers—Medium and Large 1850100.00/cwt100.00–100.008501
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1430119.32/cwt119.00–120.005133
Bulls—Medium and Large 1474116.62/cwt115.00–120.005536
Bulls—Medium and Large 1519113.67/cwt110.00–117.005907
Bulls—Medium and Large 2525106.00/cwt106.00–106.005571
Bulls—Medium and Large 1550110.00/cwt110.00–110.006051
Bulls—Medium and Large 2577100.25/cwt96.00–105.005783
Bulls—Medium and Large 1620102.98/cwt102.00–104.006384
Bulls—Medium and Large 1653101.00/cwt100.00–102.006602
Bulls—Medium and Large 268095.00/cwt95.00–95.006461
Bulls—Medium and Large 175095.00/cwt95.00–95.007131
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,31377.17/cwt75.00–79.501,0132
Bulls——1,70387.64/cwt85.00–90.001,4932
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%87040.00/cwt40.00–40.003481
Cows—Lean 85-90%94447.05/cwt43.00–49.504447
Cows—Lean 85-90%99852.20/cwt50.00–55.005216
Cows—Boner 80-85%1,19956.83/cwt54.00–59.506818
Cows—Boner 80-85%1,20060.00/cwt60.00–60.007201
Cows—Boner 80-85%1,32548.78/cwt45.00–52.506462
Cows—Breaker 75-80%1,44952.99/cwt52.00–54.007684
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2855760.00/cwt760.00–760.006,4981
Bred Cows—Medium and Large 21,003821.23/cwt760.00–890.008,2373
Bred Cows—Medium and Large 21,180860.00/cwt860.00–860.0010,1481
Bred Cows—Medium and Large 21,2551,310.00/cwt1,310.00–1,310.0016,4411
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,040910.00/cwt910.00–910.009,4642
Cow-Calf Pairs—Medium and Large 21,535980.00/cwt980.00–980.0015,0432

This sale against other markets

Mississippi weighted averages
One sale is one barn on one day. The state ladder is every Mississippi auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.