Sale reports / Mississippi / Meridian Livestock Auction / 2021-02-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 1
● Final51 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
202 head
▲ 92 vs last sale 110▲ 38 vs year ago 164 · +23.2%
Slaughter Cattle receipts
22 head
▼ 4 vs last sale 26▲ 8 vs year ago 14 · +57.1%
Replacement Cattle receipts
97 head
▲ 18 vs last sale 79▲ 90 vs year ago 7 · +1,285.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves steers 5-7 higher, heifers steady. Slaughter cows and bulls 3-5 higher.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $140.34/cwt on 121 head.
Average price
$140.34
121 head · 622 lb average
Value per head Derived
$873
Price × average weight ÷ 100
Grade differential Derived
−$344
per head · Medium and Large 3 over Medium and Large 1
$14.32/cwt at this weight
vs the market
−3.00
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3360153.505532thin
Medium and Large 2518145.7575517thin
Medium and Large 1644139.18897102
One grade step is worth $14.32/cwt here — about −$344 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 sale121 hd
140.34
—
MS average13 barns · 1,134 hd
143.34
−3.00
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—Average1,52582.921,2658thin
CowsBoner 80-85%Average1,33560.948144thin
CowsLean 85-90%Very Low88838.763444thin

Every lot

51 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 1318175.75/cwt173.00–178.005593
Steers—Medium and Large 2335158.00/cwt158.00–158.005291
Steers—Medium and Large 3345153.00/cwt153.00–153.005281
Steers—Medium and Large 1370173.05/cwt169.00–177.006403
Steers—Medium and Large 3375154.00/cwt154.00–154.005781
Steers—Medium and Large 2381164.44/cwt157.00–169.006275
Steers—Medium and Large 1420168.61/cwt160.00–175.0070810
Steers—Medium and Large 2465151.18/cwt149.00–158.007034
Steers—Medium and Large 1470158.63/cwt155.00–161.007463
Steers—Medium and Large 2525142.91/cwt140.00–146.007502
Steers—Medium and Large 1540153.76/cwt146.00–155.0083024
Steers—Medium and Large 2580136.00/cwt136.00–136.007891
Steers—Medium and Large 1610129.99/cwt128.00–131.007933
Steers—Medium and Large 1665128.51/cwt124.00–129.0085523
Steers—Medium and Large 1704124.72/cwt123.00–125.008787
Steers—Medium and Large 2735117.00/cwt117.00–117.008601
Steers—Medium and Large 2780118.00/cwt118.00–118.009203
Steers—Medium and Large 1833120.00/cwt120.00–120.001,0003
Steers—Medium and Large 1860119.52/cwt116.00–120.001,02819
Steers—Medium and Large 11,033110.00/cwt110.00–110.001,1363
Steers—Medium and Large 11,100118.00/cwt118.00–118.001,2981
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 2313129.02/cwt128.00–130.004042
Heifers—Medium and Large 2355125.00/cwt125.00–125.004441
Heifers—Medium and Large 1360134.00/cwt134.00–134.004821
Heifers—Medium and Large 1422133.51/cwt130.00–139.005635
Heifers—Medium and Large 2445121.00/cwt121.00–121.005381
Heifers—Medium and Large 2450123.00/cwt123.00–123.005541
Heifers—Medium and Large 1495126.00/cwt126.00–126.006242
Heifers—Medium and Large 1512120.01/cwt119.00–121.006143
Heifers—Medium and Large 1575120.00/cwt120.00–120.006903
Heifers—Medium and Large 1670109.00/cwt109.00–109.007301
Heifers—Medium and Large 1702116.00/cwt116.00–116.008142
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1473125.52/cwt125.00–126.005942
Bulls—Medium and Large 1530125.00/cwt125.00–125.006631
Bulls—Medium and Large 1575129.38/cwt125.00–134.007442
Bulls—Medium and Large 2650100.00/cwt100.00–100.006501
Bulls—Medium and Large 1710112.00/cwt112.00–112.007951
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,42874.59/cwt73.50–75.501,0652
Bulls——1,46081.55/cwt80.00–83.501,1912
Bulls——1,58085.50/cwt85.50–85.501,3511
Bulls——1,61588.53/cwt87.00–90.501,4303
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%86539.50/cwt39.50–39.503421
Cows—Lean 85-90%86831.76/cwt30.00–33.502762
Cows—Lean 85-90%95052.00/cwt52.00–52.004941
Cows—Boner 80-85%1,33560.94/cwt59.00–63.508144
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,2901,030.00/cwt1,030.00–1,030.0013,2872
Cow-Calf Pairs—Medium and Large 21,3931,175.76/cwt1,150.00–1,200.0016,3784
Cow-Calf Pairs—Medium and Large 21,5031,218.69/cwt1,150.00–1,340.0018,31710
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 21,030796.50/cwt720.00–880.008,2042
Bred Cows—Medium and Large 21,0551,000.00/cwt1,000.00–1,000.0010,5501
Bred Cows—Medium and Large 21,1631,013.99/cwt800.00–1,195.0011,7933

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.