Sale reports / Mississippi / Meridian Livestock Auction / 2021-03-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 1
● Final47 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
200 head
▲ 100 vs last sale 100▲ 82 vs year ago 118 · +69.5%
Slaughter Cattle receipts
66 head
▲ 30 vs last sale 36▲ 28 vs year ago 38 · +73.7%
Replacement Cattle receipts
32 head
▲ 11 vs last sale 21▲ 15 vs year ago 17 · +88.2%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were 5-7 lower.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $122.87/cwt on 65 head.
Average price
$122.87
65 head · 486 lb average
Value per head Derived
$597
Price × average weight ÷ 100
Grade differential Derived
$19
per head · Medium and Large 1 over Medium and Large 2
$6.72/cwt at this weight
vs the market
−0.81
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1482125.0460344
Medium and Large 2494118.3358421
One grade step is worth $6.72/cwt here — about $19 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 sale65 hd
122.87
—
MS average13 barns · 837 hd
123.69
−0.81
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—Average1,75384.941,4895thin
CowsBoner 80-85%High1,20665.0778521
CowsLean 85-90%Low89847.0042214

Every lot

47 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 · Steers15 lots · lightest first
Steers—Medium and Large 1300174.50/cwt174.00–175.005242
Steers—Medium and Large 3370157.04/cwt156.00–158.005812
Steers—Medium and Large 1371170.72/cwt168.00–177.0063310
Steers—Medium and Large 1418166.19/cwt160.00–171.006953
Steers—Medium and Large 2440150.00/cwt150.00–150.006601
Steers—Medium and Large 1480160.00/cwt160.00–160.007681
Steers—Medium and Large 2482147.93/cwt146.00–152.007133
Steers—Medium and Large 1530151.49/cwt150.00–153.008032
Steers—Medium and Large 2530137.00/cwt137.00–137.007261
Steers—Medium and Large 1566145.00/cwt145.00–145.008219
Steers—Medium and Large 2570140.00/cwt140.00–140.007981
Steers—Medium and Large 1616125.80/cwt123.00–130.007754
Steers—Medium and Large 1660127.48/cwt126.00–129.008412
Steers—Medium and Large 1708125.00/cwt125.00–125.0088510
Steers—Medium and Large 1755118.00/cwt118.00–118.008911
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 2313126.32/cwt125.00–129.003953
Heifers—Medium and Large 1317138.64/cwt136.00–142.004393
Heifers—Medium and Large 2360128.00/cwt128.00–128.004611
Heifers—Medium and Large 1362133.47/cwt130.00–134.004838
Heifers—Medium and Large 2423123.01/cwt122.00–124.005202
Heifers—Medium and Large 1433131.42/cwt126.00–134.005693
Heifers—Medium and Large 1472125.00/cwt124.00–134.0059016
Heifers—Medium and Large 2476117.73/cwt116.00–122.005604
Heifers—Medium and Large 1531125.76/cwt125.00–129.006685
Heifers—Medium and Large 2538120.00/cwt120.00–120.006466
Heifers—Medium and Large 2568119.45/cwt118.00–121.006782
Heifers—Medium and Large 2610100.00/cwt100.00–100.006101
Heifers—Medium and Large 1614113.67/cwt109.00–115.006986
Heifers—Medium and Large 2675101.02/cwt100.00–102.006822
Heifers—Medium and Large 1713105.53/cwt104.00–107.007522
Heifers—Medium and Large 1755102.00/cwt102.00–102.007701
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 2495119.00/cwt119.00–119.005891
Bulls—Medium and Large 2518120.94/cwt118.00–123.006263
Bulls—Medium and Large 2560119.00/cwt119.00–119.006661
Bulls—Medium and Large 1615119.00/cwt119.00–119.007321
Bulls—Medium and Large 1733113.01/cwt111.00–115.008282
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,70383.08/cwt80.00–85.001,4153
Bulls——1,82887.72/cwt87.00–88.501,6042
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%83740.36/cwt37.50–42.503387
Cows—Lean 85-90%95853.64/cwt48.50–56.005147
Cows—Boner 80-85%1,20564.52/cwt59.00–69.5077719
Cows—Boner 80-85%1,22070.25/cwt70.00–70.508572
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2995750.00/cwt750.00–750.007,4631
Bred Cows—Medium and Large 21,021870.66/cwt800.00–980.008,8894
Bred Cows—Medium and Large 21,115730.00/cwt730.00–730.008,1401
Bred Cows—Medium and Large 21,190810.00/cwt810.00–810.009,6391
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,3901,150.00/cwt1,150.00–1,150.0015,9852

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.