Sale reports / Mississippi / Meridian Livestock Auction / 2021-03-22

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 22
● Final44 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
169 head
▼ 210 vs last sale 379▲ 103 vs year ago 66 · +156.1%
Slaughter Cattle receipts
16 head
▼ 22 vs last sale 38▼ 26 vs year ago 42 · −61.9%
Replacement Cattle receipts
28 head
▼ 21 vs last sale 49▲ 16 vs year ago 12 · +133.3%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 2-7 higher, and slaughter cows and bulls were steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $128.97/cwt on 46 head.
Average price
$128.97
46 head · 523 lb average
Value per head Derived
$674
Price × average weight ÷ 100
Grade differential Derived
−$57
per head · Medium and Large 1 over Medium and Large 2
$22.43/cwt at this weight
vs the market
−0.80
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1476136.2964931
Medium and Large 2620113.8670615thin
One grade step is worth $22.43/cwt here — about −$57 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 sale46 hd
128.97
—
MS average13 barns · 1,125 hd
129.77
−0.80
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—Average1,71781.321,3964thin
CowsBoner 80-85%Average1,27362.147913thin
CowsLean 85-90%Low1,04147.754978thin

Every lot

44 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 · Steers12 lots · lightest first
Steers—Medium and Large 1315173.31/cwt172.00–176.005463
Steers—Medium and Large 2333164.59/cwt162.00–167.005482
Steers—Medium and Large 1360175.96/cwt173.00–181.006338
Steers—Medium and Large 1408171.65/cwt170.00–174.007003
Steers—Medium and Large 2430161.95/cwt160.00–164.006962
Steers—Medium and Large 1450166.00/cwt166.00–166.007471
Steers—Medium and Large 2463160.51/cwt159.00–162.007432
Steers—Medium and Large 1521151.48/cwt148.00–154.007894
Steers—Medium and Large 1553156.00/cwt156.00–156.008635
Steers—Medium and Large 1615129.00/cwt129.00–129.007931
Steers—Medium and Large 1929110.00/cwt110.00–110.001,0226
Steers—Medium and Large 11,04395.00/cwt95.00–95.009914
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 2300131.00/cwt131.00–131.003931
Heifers—Medium and Large 1323138.65/cwt138.00–140.004483
Heifers—Medium and Large 1362141.45/cwt136.00–144.005125
Heifers—Medium and Large 1424144.03/cwt143.00–146.006114
Heifers—Medium and Large 2455133.00/cwt133.00–133.006051
Heifers—Medium and Large 1462141.10/cwt139.00–145.0065210
Heifers—Medium and Large 1528126.99/cwt126.00–128.006712
Heifers—Medium and Large 1570128.93/cwt125.00–133.007352
Heifers—Medium and Large 2571117.26/cwt112.00–121.006704
Heifers—Medium and Large 1615120.26/cwt117.00–123.007403
Heifers—Medium and Large 2630110.42/cwt107.00–114.006962
Heifers—Medium and Large 2688108.32/cwt104.00–111.007453
Heifers—Medium and Large 2734107.25/cwt105.00–108.007874
Heifers—Medium and Large 1770127.00/cwt127.00–127.009781
Heifers—Medium and Large 1850115.00/cwt115.00–115.009781
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1532131.32/cwt130.00–132.006993
Bulls—Medium and Large 1580135.36/cwt133.00–137.007853
Bulls—Medium and Large 1680120.00/cwt120.00–120.008161
Bulls—Medium and Large 188598.50/cwt98.00–99.008722
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,49073.50/cwt73.50–73.501,0951
Bulls——1,79283.93/cwt81.00–85.501,5043
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%95342.06/cwt37.50–44.004014
Cows—Lean 85-90%1,12953.44/cwt48.00–58.006034
Cows—Boner 80-85%1,27362.14/cwt60.50–65.507913
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2900828.44/cwt790.00–870.007,4562
Bred Cows—Medium and Large 2955870.00/cwt870.00–870.008,3091
Bred Cows—Medium and Large 21,168860.49/cwt850.00–870.0010,0512
Bred Cows—Medium and Large 21,270812.32/cwt805.00–820.0010,3162
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 29651,000.00/cwt1,000.00–1,000.009,6502
Cow-Calf Pairs—Medium and Large 21,3001,120.00/cwt1,120.00–1,120.0014,5602
Cow-Calf Pairs—Medium and Large 21,4601,120.00/cwt1,120.00–1,120.0016,3522
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 2745805.00/cwt805.00–805.005,9973

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.