Sale reports / Mississippi / Meridian Livestock Auction / 2021-01-25

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2021-01-25
Creator: RaisedBeef
Published: 2021-01-25

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 25

● Final46 lots reportedUSDA AMS · slug 2112

← Jan 18Jan 25Feb 1 →

Feeder Cattle receipts

110 head

▼ 143 vs last sale 253▼ 140 vs year ago 250 · −56.0%

Slaughter Cattle receipts

26 head

▼ 27 vs last sale 53▲ 10 vs year ago 16 · +62.5%

Replacement Cattle receipts

79 head

▲ 16 vs last sale 63▲ 65 vs year ago 14 · +464.3%

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Reporter comment USDA

As filed

Good day, as compared to last market feeder calves seemed to be steady, and slaughter cows and bulls were steady as well.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $149.87/cwt on 50 head.

Average price

$149.87

50 head · 462 lb average

Value per head Derived

$693

Price × average weight ÷ 100

Grade differential Derived

$58

per head · Medium and Large 1 over Medium and Large 2

$7.25/cwt at this weight

vs the market

+9.99

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	468	152.48	714	32
Medium and Large 2	452	145.23	656	18thin

One grade step is worth $7.25/cwt here — about $58 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 sale50 hd

149.87

—

MS average12 barns · 859 hd

139.88

+9.99

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,835	83.97	1,541	3thin
Cows	Boner 80-85%	Average	1,285	57.73	742	4thin
Cows	Breaker 75-80%	Average	1,425	50.00	713	1thin
Cows	Lean 85-90%	Very Low	1,040	49.09	511	6thin

Every lot

46 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers17 lots · lightest first
Steers	—	Medium and Large 1	240	175.00/cwt	175.00–175.00	420	1
Steers	—	Medium and Large 1	273	168.09/cwt	166.00–170.00	459	2
Steers	—	Medium and Large 1	321	165.30/cwt	162.00–174.00	531	8
Steers	—	Medium and Large 2	325	152.03/cwt	150.00–154.00	494	2
Steers	—	Medium and Large 1	365	162.92/cwt	161.00–165.00	595	2
Steers	—	Medium and Large 2	369	153.87/cwt	150.00–159.00	568	5
Steers	—	Medium and Large 2	425	141.98/cwt	141.00–143.00	603	2
Steers	—	Medium and Large 1	434	163.50/cwt	161.00–165.00	710	4
Steers	—	Medium and Large 2	480	148.15/cwt	147.00–150.00	711	6
Steers	—	Medium and Large 1	510	147.20/cwt	147.00–148.00	751	10
Steers	—	Medium and Large 2	535	137.00/cwt	137.00–137.00	733	1
Steers	—	Medium and Large 1	560	146.00/cwt	146.00–146.00	818	1
Steers	—	Medium and Large 1	675	130.00/cwt	130.00–130.00	878	1
Steers	—	Medium and Large 2	685	115.46/cwt	113.00–118.00	791	2
Steers	—	Medium and Large 1	850	111.00/cwt	111.00–111.00	944	1
Steers	—	Medium and Large 1	925	107.00/cwt	107.00–107.00	990	1
Steers	—	Medium and Large 1	1,045	100.00/cwt	100.00–100.00	1,045	1
Feeder Cattle · Heifers13 lots · lightest first
Heifers	—	Medium and Large 2	308	132.05/cwt	130.00–134.00	407	2
Heifers	—	Medium and Large 1	323	138.40/cwt	137.00–140.00	447	2
Heifers	—	Medium and Large 2	357	130.33/cwt	130.00–131.00	465	3
Heifers	—	Medium and Large 1	370	136.59/cwt	134.00–141.00	505	5
Heifers	—	Medium and Large 1	408	127.95/cwt	120.00–134.00	522	6
Heifers	—	Medium and Large 1	460	125.00/cwt	125.00–125.00	575	4
Heifers	—	Medium and Large 3	470	112.00/cwt	112.00–112.00	526	1
Heifers	—	Medium and Large 2	478	116.44/cwt	114.00–122.00	557	6
Heifers	—	Medium and Large 1	508	119.00/cwt	119.00–119.00	605	7
Heifers	—	Medium and Large 2	515	112.00/cwt	112.00–112.00	577	2
Heifers	—	Medium and Large 1	555	117.00/cwt	117.00–117.00	649	1
Heifers	—	Medium and Large 2	568	113.50/cwt	113.00–114.00	645	2
Heifers	—	Medium and Large 1	600	117.00/cwt	117.00–117.00	702	1
Feeder Cattle · Bulls4 lots · lightest first
Bulls	—	Medium and Large 1	413	128.47/cwt	127.00–130.00	531	2
Bulls	—	Medium and Large 1	483	127.51/cwt	125.00–130.00	616	2
Bulls	—	Medium and Large 1	530	121.51/cwt	121.00–122.00	644	2
Bulls	—	Medium and Large 2	590	112.00/cwt	112.00–112.00	661	1
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,835	83.97/cwt	82.50–85.50	1,541	3
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	805	37.50/cwt	37.50–37.50	302	1
Cows	—	Lean 85-90%	1,087	51.41/cwt	50.50–52.50	559	5
Cows	—	Boner 80-85%	1,285	57.73/cwt	55.50–61.00	742	4
Cows	—	Breaker 75-80%	1,425	50.00/cwt	50.00–50.00	713	1
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs	—	Large 2	1,260	950.00/cwt	950.00–950.00	11,970	2
Cow-Calf Pairs	—	Medium and Large 2	1,368	1,140.79/cwt	970.00–1,400.00	15,606	12
Cow-Calf Pairs	—	Medium and Large 2	1,600	1,300.00/cwt	1,300.00–1,300.00	20,800	2
Cow-Calf Pairs	—	Medium and Large 2	1,635	1,340.00/cwt	1,340.00–1,340.00	21,909	2
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 2	1,100	754.41/cwt	750.00–760.00	8,299	2
Bred Cows	—	Medium and Large 2	1,175	800.00/cwt	800.00–800.00	9,400	1
Bred Cows	—	Medium and Large 2	1,383	941.10/cwt	835.00–1,010.00	13,015	4

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Jan 25, 2021

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 110Last week 253Year ago 250

Slaughter CattleReceipts 26Last week 53Year ago 16

Replacement CattleReceipts 79Last week 63Year ago 14

Good day, as compared to last market feeder calves seemed to be steady, and slaughter cows and bulls were steady as well.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,835	82.50–85.50	83.97

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,285	55.50–61.00	57.73

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,425	50.00	50.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	805	37.50	37.50
5	—	1,087	50.50–52.50	51.41

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,260	950.00	950.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	12	—	1,368	970.00–1,400.00	1,140.79
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,600	1,300.00	1,300.00
Young (2-4 yrs)	Open	2	—	1,635	1,340.00	1,340.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,175	800.00	800.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,100	750.00–760.00	754.41
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	4	—	1,383	835.00–1,010.00	941.10

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	560	146.00	146.00
1	—	675	130.00	130.00
2	—	273	166.00–170.00	168.09
10	—	510	147.00–148.00	147.20
1	—	1,045	100.00	100.00
8	—	321	162.00–174.00	165.30
1	—	850	111.00	111.00
1	—	240	175.00	175.00
4	—	434	161.00–165.00	163.50
1	—	925	107.00	107.00
2	—	365	161.00–165.00	162.92

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	425	141.00–143.00	141.98
2	—	685	113.00–118.00	115.46
2	—	325	150.00–154.00	152.03
5	—	369	150.00–159.00	153.87
6	—	480	147.00–150.00	148.15
1	—	535	137.00	137.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	530	121.00–122.00	121.51
2	—	483	125.00–130.00	127.51
2	—	413	127.00–130.00	128.47

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	590	112.00	112.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	555	117.00	117.00
5	—	370	134.00–141.00	136.59
7	—	508	119.00	119.00
6	—	408	120.00–134.00	127.95
2	—	323	137.00–140.00	138.40
4	—	460	125.00	125.00
1	—	600	117.00	117.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	515	112.00	112.00
2	—	308	130.00–134.00	132.05
3	—	357	130.00–131.00	130.33
6	—	478	114.00–122.00	116.44
2	—	568	113.00–114.00	113.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	470	112.00	112.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.