Sale reports / Mississippi / Meridian Livestock Auction / 2021-03-15

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2021-03-15
Creator: RaisedBeef
Published: 2021-03-15

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 15

● Final58 lots reportedUSDA AMS · slug 2112

← Mar 8Mar 15Mar 22 →

Feeder Cattle receipts

379 head

▲ 114 vs last sale 265▲ 304 vs year ago 75 · +405.3%

Slaughter Cattle receipts

38 head

▼ 13 vs last sale 51▲ 0 vs year ago 38 · +0.0%

Replacement Cattle receipts

49 head

▼ 4 vs last sale 53▲ 15 vs year ago 34 · +44.1%

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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. 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 $139.66/cwt on 127 head.

Average price

$139.66

127 head · 633 lb average

Value per head Derived

$885

Price × average weight ÷ 100

Grade differential Derived

−$328

per head · Medium and Large 3 over Medium and Large 1

$18.14/cwt at this weight

vs the market

−11.12

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 3	375	156.00	585	1thin
Medium and Large 2	448	151.05	677	16thin
Medium and Large 1	663	137.86	913	110

One grade step is worth $18.14/cwt here — about −$328 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 sale127 hd

139.66

—

MS average13 barns · 1,295 hd

150.78

−11.12

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	2,016	81.39	1,640	4thin
Cows	Boner 80-85%	Average	1,069	62.21	665	5thin
Cows	Breaker 75-80%	Average	1,474	56.78	837	6thin
Cows	Lean 85-90%	Average	991	49.59	491	15

Every lot

58 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 · Steers19 lots · lightest first
Steers	—	Medium and Large 2	273	163.40/cwt	160.00–167.00	446	2
Steers	—	Medium and Large 2	322	166.34/cwt	163.00–168.00	536	3
Steers	—	Medium and Large 1	332	174.95/cwt	170.00–178.00	581	6
Steers	—	Medium and Large 3	375	156.00/cwt	156.00–156.00	585	1
Steers	—	Medium and Large 1	376	176.99/cwt	175.00–179.00	665	6
Steers	—	Medium and Large 2	380	161.99/cwt	161.00–163.00	616	2
Steers	—	Medium and Large 1	421	167.31/cwt	162.00–173.00	704	5
Steers	—	Medium and Large 1	453	163.99/cwt	160.00–168.00	743	3
Steers	—	Medium and Large 2	463	156.67/cwt	155.00–158.00	725	3
Steers	—	Medium and Large 1	510	154.65/cwt	150.00–158.00	789	5
Steers	—	Medium and Large 1	554	154.45/cwt	154.00–156.00	856	9
Steers	—	Medium and Large 2	560	138.00/cwt	132.00–140.00	773	4
Steers	—	Medium and Large 1	605	136.00/cwt	136.00–136.00	823	4
Steers	—	Medium and Large 2	610	125.00/cwt	125.00–125.00	763	1
Steers	—	Medium and Large 2	660	120.00/cwt	120.00–120.00	792	1
Steers	—	Medium and Large 1	674	134.00/cwt	131.00–135.00	903	28
Steers	—	Medium and Large 1	781	121.74/cwt	119.00–123.00	951	23
Steers	—	Medium and Large 1	812	120.00/cwt	120.00–120.00	974	10
Steers	—	Medium and Large 1	933	115.00/cwt	115.00–115.00	1,073	11
Feeder Cattle · Heifers19 lots · lightest first
Heifers	—	Medium and Large 1	260	139.00/cwt	139.00–139.00	361	1
Heifers	—	Medium and Large 1	333	136.68/cwt	136.00–138.00	455	3
Heifers	—	Medium and Large 2	345	130.00/cwt	130.00–130.00	449	1
Heifers	—	Medium and Large 1	380	140.00/cwt	140.00–140.00	532	1
Heifers	—	Medium and Large 2	390	129.00/cwt	129.00–129.00	503	1
Heifers	—	Medium and Large 1	429	133.23/cwt	131.00–136.00	572	5
Heifers	—	Medium and Large 2	462	124.34/cwt	122.00–126.00	574	3
Heifers	—	Medium and Large 1	468	129.21/cwt	128.00–130.00	605	5
Heifers	—	Medium and Large 1	524	122.16/cwt	119.00–127.00	640	14
Heifers	—	Medium and Large 2	545	116.00/cwt	116.00–116.00	632	1
Heifers	—	Medium and Large 2	550	114.00/cwt	114.00–114.00	627	1
Heifers	—	Medium and Large 1	569	121.54/cwt	119.00–124.00	692	17
Heifers	—	Medium and Large 1	616	115.28/cwt	105.00–119.00	710	11
Heifers	—	Medium and Large 1	665	115.03/cwt	105.00–117.00	765	6
Heifers	—	Medium and Large 2	675	100.00/cwt	100.00–100.00	675	1
Heifers	—	Medium and Large 1	717	110.00/cwt	110.00–110.00	789	2
Heifers	—	Medium and Large 2	745	103.00/cwt	103.00–103.00	767	1
Heifers	—	Medium and Large 2	773	103.96/cwt	100.00–108.00	804	2
Heifers	—	Medium and Large 1	820	110.00/cwt	110.00–110.00	902	6
Feeder Cattle · Bulls9 lots · lightest first
Bulls	—	Medium and Large 1	473	147.66/cwt	145.00–153.00	698	4
Bulls	—	Medium and Large 2	490	136.50/cwt	136.00–137.00	669	2
Bulls	—	Medium and Large 2	525	132.36/cwt	129.00–139.00	695	4
Bulls	—	Medium and Large 1	530	149.51/cwt	149.00–150.00	792	2
Bulls	—	Medium and Large 2	560	134.00/cwt	134.00–134.00	750	1
Bulls	—	Medium and Large 3	580	121.00/cwt	121.00–121.00	702	1
Bulls	—	Medium and Large 1	620	130.00/cwt	130.00–130.00	806	1
Bulls	—	Medium and Large 1	650	113.00/cwt	113.00–113.00	735	1
Bulls	—	Medium and Large 1	700	110.00/cwt	110.00–110.00	770	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,938	77.56/cwt	76.50–78.50	1,503	2
Bulls	—	—	2,093	85.22/cwt	84.50–86.00	1,784	2
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	915	44.00/cwt	40.00–48.50	403	6
Cows	—	Lean 85-90%	1,041	53.32/cwt	47.00–57.00	555	9
Cows	—	Boner 80-85%	1,069	62.21/cwt	59.50–66.00	665	5
Cows	—	Breaker 75-80%	1,474	56.78/cwt	54.50–59.00	837	6
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,135	940.00/cwt	940.00–940.00	10,669	2
Cow-Calf Pairs	—	Medium and Large 2	1,400	1,050.00/cwt	1,050.00–1,050.00	14,700	2
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 2	890	730.56/cwt	720.00–740.00	6,502	2
Bred Cows	—	Medium and Large 2	905	800.00/cwt	800.00–800.00	7,240	1
Bred Cows	—	Medium and Large 2	1,030	875.00/cwt	875.00–875.00	9,013	1

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 15, 2021

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

Feeder CattleReceipts 379Last week 265Year ago 75

Slaughter CattleReceipts 38Last week 51Year ago 38

Replacement CattleReceipts 49Last week 53Year ago 34

Good day, as compared to the last market feeder calves were steady. Slaughter cows and bulls were steady as well.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	260	139.00	139.00
17	—	569	119.00–124.00	121.54
11	—	616	105.00–119.00	115.28
5	—	468	128.00–130.00	129.21
6	—	820	110.00	110.00
14	—	524	119.00–127.00	122.16
6	—	665	105.00–117.00	115.03
3	—	333	136.00–138.00	136.68
2	—	717	110.00	110.00
1	—	380	140.00	140.00
5	—	429	131.00–136.00	133.23

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	345	130.00	130.00
2	—	773	100.00–108.00	103.96
1	—	745	103.00	103.00
1	—	390	129.00	129.00
1	—	675	100.00	100.00
1	—	545	116.00	116.00
3	—	462	122.00–126.00	124.34
1	—	550	114.00	114.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
9	—	554	154.00–156.00	154.45
5	—	421	162.00–173.00	167.31
11	—	933	115.00	115.00
6	—	332	170.00–178.00	174.95
5	—	510	150.00–158.00	154.65
28	—	674	131.00–135.00	134.00
10	—	812	120.00	120.00
3	—	453	160.00–168.00	163.99
23	—	781	119.00–123.00	121.74
4	—	605	136.00	136.00
6	—	376	175.00–179.00	176.99

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
4	—	560	132.00–140.00	138.00
3	—	463	155.00–158.00	156.67
1	—	660	120.00	120.00
2	—	273	160.00–167.00	163.40
1	—	610	125.00	125.00
3	—	322	163.00–168.00	166.34
2	—	380	161.00–163.00	161.99

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	375	156.00	156.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	490	136.00–137.00	136.50
4	—	525	129.00–139.00	132.36
1	—	560	134.00	134.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	473	145.00–153.00	147.66
2	—	530	149.00–150.00	149.51
1	—	620	130.00	130.00
1	—	700	110.00	110.00
1	—	650	113.00	113.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	580	121.00	121.00

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	2	—	1,135	940.00	940.00
Middle Aged (5-8 yrs)	Open	2	—	1,400	1,050.00	1,050.00

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)	2nd/3rd Stage (4-9 mo)	1	—	905	800.00	800.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	890	720.00–740.00	730.56
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,030	875.00	875.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
9	—	1,041	47.00–57.00	53.32
6	—	915	40.00–48.50	44.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
6	—	1,474	54.50–59.00	56.78

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,069	59.50–66.00	62.21

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,938	76.50–78.50	77.56
2	—	2,093	84.50–86.00	85.22

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.