Sale reports / Mississippi / Meridian Livestock Auction / 2021-02-22

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 22
● Final37 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
100 head
▲ 100 vs last sale 0▼ 62 vs year ago 162 · −38.3%
Slaughter Cattle receipts
36 head
▲ 36 vs last sale 0▲ 9 vs year ago 27 · +33.3%
Replacement Cattle receipts
21 head
▲ 21 vs last sale 0▲ 7 vs year ago 14 · +50.0%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves seamed steady. Slaughter cows and bulls were 2-5 higher.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $147.10/cwt on 25 head.
Average price
$147.10
25 head · 514 lb average
Value per head Derived
$756
Price × average weight ÷ 100
Grade differential Derived
−$146
per head · Medium and Large 2 over Medium and Large 1
$9.10/cwt at this weight
vs the market
−5.15
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2409154.756334thin
Medium and Large 1534145.6577821
One grade step is worth $9.10/cwt here — about −$146 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 sale25 hd
147.10
—
MS average6 barns · 309 hd
152.25
−5.15
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—Average1,58491.441,4485thin
CowsBoner 80-85%High1,18371.4584519
CowsLean 85-90%Low94652.474978thin

Every lot

37 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 · Steers11 lots · lightest first
Steers—Medium and Large 1270171.00/cwt171.00–171.004621
Steers—Medium and Large 1320166.57/cwt163.00–173.005334
Steers—Medium and Large 2370157.00/cwt156.00–158.005812
Steers—Medium and Large 2410155.00/cwt155.00–155.006361
Steers—Medium and Large 1421166.35/cwt161.00–171.007004
Steers—Medium and Large 1450164.00/cwt164.00–164.007381
Steers—Medium and Large 2485150.00/cwt150.00–150.007281
Steers—Medium and Large 1500148.00/cwt148.00–148.007401
Steers—Medium and Large 1628128.00/cwt126.00–130.008044
Steers—Medium and Large 1717123.98/cwt123.00–126.008893
Steers—Medium and Large 1791120.00/cwt120.00–120.009493
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 2325122.34/cwt120.00–125.003983
Heifers—Medium and Large 1333130.99/cwt128.00–133.004363
Heifers—Medium and Large 1363130.00/cwt130.00–130.004722
Heifers—Medium and Large 2368125.52/cwt125.00–126.004622
Heifers—Medium and Large 2400124.00/cwt124.00–124.004961
Heifers—Medium and Large 1413129.34/cwt125.00–135.005343
Heifers—Medium and Large 1466125.00/cwt125.00–125.005834
Heifers—Medium and Large 2480121.97/cwt121.00–123.005852
Heifers—Medium and Large 1527120.01/cwt119.00–121.006323
Heifers—Medium and Large 1635108.00/cwt108.00–108.006861
Heifers—Medium and Large 1825110.00/cwt110.00–110.009081
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 2455138.00/cwt138.00–138.006281
Bulls—Medium and Large 1460144.00/cwt144.00–144.006621
Bulls—Medium and Large 1533143.01/cwt140.00–146.007622
Bulls—Medium and Large 2533131.91/cwt128.00–136.007032
Bulls—Medium and Large 3590110.00/cwt110.00–110.006491
Bulls—Medium and Large 1635108.00/cwt108.00–108.006861
Bulls—Medium and Large 1660112.00/cwt112.00–112.007391
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,54889.25/cwt88.50–90.001,3823
Bulls——1,63894.73/cwt94.50–95.001,5522
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%87243.01/cwt40.50–45.503753
Cows—Lean 85-90%99158.15/cwt55.00–61.005765
Cows—Boner 80-85%1,15169.73/cwt63.00–72.5080314
Cows—Boner 80-85%1,27276.28/cwt74.50–78.509705
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,1601,125.00/cwt1,125.00–1,125.0013,0502
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,098767.45/cwt700.00–850.008,4273

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.