Sale reports / Mississippi / Meridian Livestock Auction / 2021-03-08

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2021-03-08
Creator: RaisedBeef
Published: 2021-03-08

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 8

● Final45 lots reportedUSDA AMS · slug 2112

← Mar 1Mar 8Mar 15 →

Feeder Cattle receipts

265 head

▲ 65 vs last sale 200▲ 87 vs year ago 178 · +48.9%

Slaughter Cattle receipts

51 head

▼ 15 vs last sale 66▲ 19 vs year ago 32 · +59.4%

Replacement Cattle receipts

53 head

▲ 21 vs last sale 32▲ 38 vs year ago 15 · +253.3%

View

Reporter comment USDA

As filed

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

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 $155.56/cwt on 76 head.

Average price

$155.56

76 head · 488 lb average

Value per head Derived

$759

Price × average weight ÷ 100

Grade differential Derived

$44

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

$10.23/cwt at this weight

vs the market

+5.78

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	488	159.77	780	44
Medium and Large 3	330	157.00	518	1thin
Medium and Large 2	492	149.53	736	31

One grade step is worth $10.23/cwt here — about $44 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 sale76 hd

155.56

—

MS average13 barns · 1,129 hd

149.78

+5.78

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	1,669	82.02	1,369	4thin
Cows	Boner 80-85%	High	1,183	64.17	759	18
Cows	Lean 85-90%	Average	973	50.45	491	16

Every lot

45 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 2	328	164.63/cwt	161.00–168.00	540	2
Steers	—	Medium and Large 3	330	157.00/cwt	157.00–157.00	518	1
Steers	—	Medium and Large 1	335	185.00/cwt	185.00–185.00	620	1
Steers	—	Medium and Large 1	373	176.65/cwt	170.00–185.00	659	8
Steers	—	Medium and Large 2	388	167.50/cwt	167.00–168.00	650	2
Steers	—	Medium and Large 1	419	168.59/cwt	162.00–177.00	706	11
Steers	—	Medium and Large 2	424	152.32/cwt	148.00–158.00	646	4
Steers	—	Medium and Large 2	472	154.57/cwt	152.00–158.00	730	7
Steers	—	Medium and Large 1	478	164.97/cwt	164.00–166.00	789	2
Steers	—	Medium and Large 1	526	156.77/cwt	150.00–163.00	825	11
Steers	—	Medium and Large 2	528	147.79/cwt	144.00–149.00	780	10
Steers	—	Medium and Large 1	568	151.97/cwt	150.00–153.00	863	3
Steers	—	Medium and Large 2	579	135.42/cwt	132.00–140.00	784	5
Steers	—	Medium and Large 1	625	134.95/cwt	131.00–139.00	843	6
Steers	—	Medium and Large 1	650	133.00/cwt	133.00–133.00	865	1
Steers	—	Medium and Large 2	655	125.00/cwt	125.00–125.00	819	1
Steers	—	Medium and Large 1	700	124.00/cwt	124.00–124.00	868	1
Feeder Cattle · Heifers13 lots · lightest first
Heifers	—	Medium and Large 1	336	138.61/cwt	135.00–141.00	466	5
Heifers	—	Medium and Large 2	355	128.45/cwt	125.00–132.00	456	2
Heifers	—	Medium and Large 1	369	141.52/cwt	141.00–142.00	522	4
Heifers	—	Medium and Large 1	414	138.95/cwt	134.00–145.00	575	6
Heifers	—	Medium and Large 2	445	124.00/cwt	124.00–124.00	552	1
Heifers	—	Medium and Large 2	468	127.97/cwt	126.00–131.00	599	4
Heifers	—	Medium and Large 1	483	135.24/cwt	133.00–138.00	653	4
Heifers	—	Medium and Large 2	510	126.00/cwt	126.00–126.00	643	1
Heifers	—	Medium and Large 1	512	135.67/cwt	135.00–137.00	695	3
Heifers	—	Medium and Large 2	560	121.00/cwt	121.00–121.00	678	1
Heifers	—	Medium and Large 3	570	111.99/cwt	111.00–113.00	638	2
Heifers	—	Medium and Large 2	600	100.00/cwt	100.00–100.00	600	1
Heifers	—	Medium and Large 1	615	114.93/cwt	112.00–118.00	707	2
Feeder Cattle · Bulls3 lots · lightest first
Bulls	—	Medium and Large 1	528	126.00/cwt	126.00–126.00	665	2
Bulls	—	Medium and Large 2	585	119.46/cwt	117.00–122.00	699	2
Bulls	—	Medium and Large 1	616	124.95/cwt	119.00–127.00	770	5
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,547	80.69/cwt	78.50–82.00	1,248	3
Bulls	—	—	2,035	86.00/cwt	86.00–86.00	1,750	1
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	927	44.28/cwt	41.50–48.00	410	5
Cows	—	Lean 85-90%	994	53.25/cwt	48.50–58.50	529	11
Cows	—	Boner 80-85%	1,161	63.83/cwt	60.00–67.50	741	17
Cows	—	Boner 80-85%	1,565	70.00/cwt	70.00–70.00	1,096	1
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	983	985.32/cwt	960.00–1,010.00	9,686	4
Cow-Calf Pairs	—	Medium and Large 2	1,093	988.95/cwt	970.00–1,010.00	10,809	4
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows	—	Medium and Large 2	880	750.00/cwt	750.00–750.00	6,600	1
Bred Cows	—	Medium and Large 2	980	785.00/cwt	785.00–785.00	7,693	1
Bred Cows	—	Medium and Large 2	1,060	810.00/cwt	810.00–810.00	8,586	1
Bred Cows	—	Medium and Large 2	1,100	852.56/cwt	780.00–940.00	9,378	5

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 Mar 8, 2021

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

Feeder CattleReceipts 265Last week 200Year ago 178

Slaughter CattleReceipts 51Last week 66Year ago 32

Replacement CattleReceipts 53Last week 32Year ago 15

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

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	2,035	86.00	86.00
3	—	1,547	78.50–82.00	80.69

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,565	70.00	70.00
17	—	1,161	60.00–67.50	63.83

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
11	—	994	48.50–58.50	53.25
5	—	927	41.50–48.00	44.28

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	414	134.00–145.00	138.95
2	—	615	112.00–118.00	114.93
4	—	483	133.00–138.00	135.24
5	—	336	135.00–141.00	138.61
3	—	512	135.00–137.00	135.67
4	—	369	141.00–142.00	141.52

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	560	121.00	121.00
2	—	355	125.00–132.00	128.45
4	—	468	126.00–131.00	127.97
1	—	445	124.00	124.00
1	—	510	126.00	126.00
1	—	600	100.00	100.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	570	111.00–113.00	111.99

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
11	—	419	162.00–177.00	168.59
2	—	478	164.00–166.00	164.97
11	—	526	150.00–163.00	156.77
6	—	625	131.00–139.00	134.95
1	—	335	185.00	185.00
1	—	650	133.00	133.00
1	—	700	124.00	124.00
8	—	373	170.00–185.00	176.65
3	—	568	150.00–153.00	151.97

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	388	167.00–168.00	167.50
4	—	424	148.00–158.00	152.32
1	—	655	125.00	125.00
5	—	579	132.00–140.00	135.42
7	—	472	152.00–158.00	154.57
10	—	528	144.00–149.00	147.79
2	—	328	161.00–168.00	164.63

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	330	157.00	157.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	585	117.00–122.00	119.46

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	528	126.00	126.00
5	—	616	119.00–127.00	124.95

Replacement Cattle

As reported

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	4	—	983	960.00–1,010.00	985.32
Middle Aged (5-8 yrs)	Open	4	—	1,093	970.00–1,010.00	988.95

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,060	810.00	810.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	880	750.00	750.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	980	785.00	785.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	5	—	1,100	780.00–940.00	852.56

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.