Sale reports / Mississippi / Meridian Livestock Auction / 2021-03-29

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2021-03-29
Creator: RaisedBeef
Published: 2021-03-29

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 29

● Final42 lots reportedUSDA AMS · slug 2112

← Mar 22Mar 29Apr 5 →

Feeder Cattle receipts

93 head

▼ 76 vs last sale 169▼ 26 vs year ago 119 · −21.8%

Slaughter Cattle receipts

34 head

▲ 18 vs last sale 16▼ 23 vs year ago 57 · −40.4%

Replacement Cattle receipts

144 head

▲ 116 vs last sale 28▲ 119 vs year ago 25 · +476.0%

View

Reporter comment USDA

As filed

Good day , as compared to last market feeder calves were 2-5 higher, and slaughter cows and bulls were 3-5 higher.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $127.22/cwt on 25 head.

Average price

$127.22

25 head · 462 lb average

Value per head Derived

$587

Price × average weight ÷ 100

Grade differential Derived

−$162

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

$1.05/cwt at this weight

vs the market

−4.97

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	383	127.85	490	10thin
Medium and Large 1	514	126.80	652	15thin

One grade step is worth $1.05/cwt here — about −$162 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

127.22

—

MS average13 barns · 905 hd

132.19

−4.97

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	—	Low	1,412	79.83	1,127	3thin
Cows	Boner 80-85%	Average	1,243	65.94	820	22
Cows	Breaker 75-80%	Average	1,385	59.50	824	1thin
Cows	Lean 85-90%	Average	832	46.36	386	3thin

Every lot

42 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 · Steers10 lots · lightest first
Steers	—	Medium and Large 2	325	166.31/cwt	165.00–167.00	541	3
Steers	—	Medium and Large 3	328	155.00/cwt	155.00–155.00	508	2
Steers	—	Medium and Large 3	350	152.00/cwt	152.00–152.00	532	1
Steers	—	Medium and Large 2	355	162.00/cwt	162.00–162.00	575	1
Steers	—	Medium and Large 1	380	173.00/cwt	173.00–173.00	657	1
Steers	—	Medium and Large 1	420	170.75/cwt	167.00–175.00	717	4
Steers	—	Medium and Large 2	430	159.00/cwt	159.00–159.00	684	1
Steers	—	Medium and Large 1	458	171.98/cwt	169.00–175.00	788	2
Steers	—	Medium and Large 2	465	153.00/cwt	153.00–153.00	711	1
Steers	—	Medium and Large 1	890	119.00/cwt	119.00–119.00	1,059	1
Feeder Cattle · Heifers10 lots · lightest first
Heifers	—	Medium and Large 2	310	129.25/cwt	125.00–133.00	401	3
Heifers	—	Medium and Large 1	335	136.98/cwt	135.00–140.00	459	3
Heifers	—	Medium and Large 2	381	128.19/cwt	125.00–130.00	488	4
Heifers	—	Medium and Large 1	385	141.00/cwt	141.00–141.00	543	1
Heifers	—	Medium and Large 1	400	130.00/cwt	130.00–130.00	520	2
Heifers	—	Medium and Large 2	425	126.00/cwt	126.00–126.00	536	1
Heifers	—	Medium and Large 2	475	126.00/cwt	126.00–126.00	599	2
Heifers	—	Medium and Large 1	567	126.74/cwt	125.00–130.00	719	3
Heifers	—	Medium and Large 1	616	118.74/cwt	113.00–125.00	731	4
Heifers	—	Medium and Large 1	678	117.44/cwt	115.00–120.00	796	2
Feeder Cattle · Bulls6 lots · lightest first
Bulls	—	Medium and Large 2	455	144.00/cwt	144.00–144.00	655	1
Bulls	—	Medium and Large 1	500	143.00/cwt	143.00–143.00	715	1
Bulls	—	Medium and Large 2	520	131.00/cwt	131.00–131.00	681	1
Bulls	—	Medium and Large 1	610	123.00/cwt	123.00–123.00	750	1
Bulls	—	Medium and Large 1	700	122.00/cwt	122.00–122.00	854	1
Bulls	—	Medium and Large 2	785	109.00/cwt	109.00–109.00	856	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,288	74.99/cwt	74.00–76.00	966	2
Bulls	—	—	1,660	89.50/cwt	89.50–89.50	1,486	1
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	665	38.50/cwt	38.50–38.50	256	1
Cows	—	Lean 85-90%	915	50.29/cwt	48.50–52.00	460	2
Cows	—	Boner 80-85%	1,231	63.88/cwt	59.00–68.50	786	15
Cows	—	Boner 80-85%	1,269	70.36/cwt	69.50–73.00	893	7
Cows	—	Breaker 75-80%	1,385	59.50/cwt	59.50–59.50	824	1
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,093	1,097.37/cwt	1,050.00–1,140.00	11,994	4
Cow-Calf Pairs	—	Medium and Large 2	1,290	1,263.37/cwt	1,125.00–1,400.00	16,297	8
Cow-Calf Pairs	—	Medium and Large 1	1,593	1,583.72/cwt	1,400.00–1,710.00	25,229	18
Cow-Calf Pairs	—	Medium and Large 1	1,603	1,624.49/cwt	1,425.00–1,800.00	26,041	4
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows	—	Medium and Large 2	891	908.79/cwt	840.00–1,000.00	8,097	4
Bred Cows	—	Medium and Large 2	1,075	1,000.00/cwt	1,000.00–1,000.00	10,750	1
Bred Cows	—	Medium and Large 2	1,115	958.63/cwt	780.00–1,090.00	10,689	2
Bred Cows	—	Medium and Large 1	1,170	1,243.33/cwt	1,110.00–1,350.00	14,547	3
Bred Cows	—	Medium and Large 2	1,259	1,013.19/cwt	910.00–1,150.00	12,756	4

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 29, 2021

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

Feeder CattleReceipts 93Last week 169Year ago 119

Slaughter CattleReceipts 34Last week 16Year ago 57

Replacement CattleReceipts 144Last week 28Year ago 25

Good day , as compared to last market feeder calves were 2-5 higher, and slaughter cows and bulls were 3-5 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	458	169.00–175.00	171.98
4	—	420	167.00–175.00	170.75
1	—	890	119.00	119.00
1	—	380	173.00	173.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	465	153.00	153.00
3	—	325	165.00–167.00	166.31
1	—	355	162.00	162.00
1	—	430	159.00	159.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	350	152.00	152.00
2	—	328	155.00	155.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
3	—	310	125.00–133.00	129.25
4	—	381	125.00–130.00	128.19
1	—	425	126.00	126.00
2	—	475	126.00	126.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	—	678	115.00–120.00	117.44
1	—	385	141.00	141.00
2	—	400	130.00	130.00
3	—	335	135.00–140.00	136.98
3	—	567	125.00–130.00	126.74
4	—	616	113.00–125.00	118.74

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	700	122.00	122.00
1	—	500	143.00	143.00
1	—	610	123.00	123.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	785	109.00	109.00
1	—	455	144.00	144.00
1	—	520	131.00	131.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,288	74.00–76.00	74.99
1	—	1,660	89.50	89.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,231	59.00–68.50	63.88
7	—	1,269	69.50–73.00	70.36

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,385	59.50	59.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	915	48.50–52.00	50.29
1	—	665	38.50	38.50

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	—	1,093	1,050.00–1,140.00	1,097.37
Middle Aged (5-8 yrs)	Open	8	—	1,290	1,125.00–1,400.00	1,263.37

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	4	—	1,603	1,425.00–1,800.00	1,624.49
Middle Aged (5-8 yrs)	Open	18	—	1,593	1,400.00–1,710.00	1,583.72

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 Stage (1-3 mo)	1	—	1,075	1,000.00	1,000.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,115	780.00–1,090.00	958.63
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	4	—	1,259	910.00–1,150.00	1,013.19
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	4	—	891	840.00–1,000.00	908.79

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per cwt · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,170	1,110.00–1,350.00	1,243.33

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.