Sale reports / Mississippi / Meridian Livestock Auction / 2020-11-30

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 30
● Final52 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
264 head
▼ 128 vs last sale 392▼ 192 vs year ago 456 · −42.1%
Slaughter Cattle receipts
21 head
▼ 32 vs last sale 53▼ 11 vs year ago 32 · −34.4%
Replacement Cattle receipts
15 head
▼ 73 vs last sale 88▼ 17 vs year ago 32 · −53.1%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 higher, slaughter cows steady.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.00/cwt on 142 head.
Average price
$137.00
142 head · 596 lb average
Value per head Derived
$816
Price × average weight ÷ 100
Grade differential Derived
−$12
per head · Medium and Large 2 over Medium and Large 3
$23.91/cwt at this weight
vs the market
−8.59
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2409150.9161728
Medium and Large 1-2634134.0085076
Medium and Large 1661132.9187837
Medium and Large 3495127.006291thin
One grade step is worth $23.91/cwt here — about −$12 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 sale142 hd
137.00
—
MS average6 barns · 614 hd
145.59
−8.59
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—Average1,56080.001,2481thin
CowsBoner 80-85%Average1,23050.416204thin
CowsLean 85-90%Low98038.313758thin

Every lot

52 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 · Steers21 lots · lightest first
Steers—Medium and Large 2245167.00/cwt167.00–167.004091
Steers—Medium and Large 2288163.53/cwt162.00–170.004715
Steers—Medium and Large 1338170.52/cwt168.00–174.005764
Steers—Medium and Large 2375157.75/cwt155.00–164.0059211
Steers—Medium and Large 1390173.00/cwt173.00–173.006751
Steers—Medium and Large 1420162.28/cwt155.00–168.006824
Steers—Medium and Large 2425152.00/cwt152.00–152.006461
Steers—Medium and Large 1464155.00/cwt155.00–155.007196
Steers—Medium and Large 2465148.75/cwt146.00–153.006925
Steers—Medium and Large 3495127.00/cwt127.00–127.006291
Steers—Medium and Large 1515137.77/cwt130.00–146.007102
Steers—Medium and Large 2535123.93/cwt120.00–128.006632
Steers—Medium and Large 2570123.50/cwt119.00–128.007042
Steers—Medium and Large 1-2634134.00/cwt134.00–134.0085076
Steers—Medium and Large 2670115.00/cwt115.00–115.007711
Steers—Medium and Large 1710117.00/cwt117.00–117.008311
Steers—Medium and Large 1750114.00/cwt114.00–114.008551
Steers—Medium and Large 1821117.00/cwt117.00–117.0096110
Steers—Medium and Large 1871106.26/cwt104.00–107.009264
Steers—Medium and Large 1910100.00/cwt100.00–100.009101
Steers—Medium and Large 11,04894.00/cwt94.00–94.009853
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 1321145.00/cwt145.00–145.004659
Heifers—Medium and Large 2325130.00/cwt130.00–130.004231
Heifers—Medium and Large 1371142.57/cwt138.00–150.005298
Heifers—Medium and Large 3375124.00/cwt124.00–124.004651
Heifers—Medium and Large 2390130.00/cwt130.00–130.005071
Heifers—Medium and Large 2415128.99/cwt128.00–130.005355
Heifers—Medium and Large 1417136.51/cwt133.00–140.005695
Heifers—Medium and Large 3438117.97/cwt116.00–120.005172
Heifers—Medium and Large 2473127.99/cwt125.00–131.006055
Heifers—Medium and Large 3473118.74/cwt111.00–125.005628
Heifers—Medium and Large 1495120.00/cwt120.00–120.005941
Heifers—Medium and Large 1516113.16/cwt108.00–120.005847
Heifers—Medium and Large 1565111.95/cwt109.00–115.006332
Heifers—Medium and Large 1618106.12/cwt100.00–112.006562
Heifers—Medium and Large 1655105.00/cwt105.00–105.006881
Heifers—Medium and Large 182098.00/cwt98.00–98.008041
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1425131.00/cwt131.00–131.005571
Bulls—Medium and Large 1483134.38/cwt130.00–139.006492
Bulls—Medium and Large 2545116.00/cwt116.00–116.006321
Bulls—Medium and Large 2555115.00/cwt115.00–115.006381
Bulls—Medium and Large 1565124.00/cwt124.00–124.007011
Bulls—Medium and Large 2605108.00/cwt108.00–108.006531
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,56080.00/cwt80.00–80.001,2481
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%95835.00/cwt35.00–35.003353
Cows—Lean 85-90%99340.30/cwt38.50–43.004005
Cows—Boner 80-85%1,23050.41/cwt48.00–53.006204
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,2001,290.00/cwt1,290.00–1,290.0015,4802
Cow-Calf Pairs—Medium and Large 31,245900.00/cwt900.00–900.0011,2052
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 3865640.00/cwt640.00–640.005,5361
Bred Cows—Medium and Large 31,283654.76/cwt650.00–660.008,4012
Bred Cows—Medium and Large 21,325709.81/cwt700.00–720.009,4052

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.