Sale reports / Mississippi / Meridian Livestock Auction / 2021-04-05

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 5
● Final52 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
222 head
▲ 129 vs last sale 93▼ 287 vs year ago 509 · −56.4%
Slaughter Cattle receipts
31 head
▼ 3 vs last sale 34▲ 2 vs year ago 29 · +6.9%
Replacement Cattle receipts
29 head
▼ 115 vs last sale 144▼ 2 vs year ago 31 · −6.5%
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $151.24/cwt on 71 head.
Average price
$151.24
71 head · 584 lb average
Value per head Derived
$884
Price × average weight ÷ 100
Grade differential Derived
−$98
per head · Medium and Large 3 over Medium and Large 2
$4.64/cwt at this weight
vs the market
−5.07
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3455155.657093thin
Medium and Large 1610151.0692250
Medium and Large 2534151.0080718thin
One grade step is worth $4.64/cwt here — about −$98 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 sale71 hd
151.24
—
MS average13 barns · 926 hd
156.31
−5.07
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—Low1,72485.631,4777thin
CowsBoner 80-85%High1,18966.0478514
CowsLean 85-90%Average1,09454.715987thin

Every lot

52 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 · Steers20 lots · lightest first
Steers—Medium and Large 2313170.52/cwt170.00–171.005342
Steers—Medium and Large 1325177.00/cwt175.00–179.005752
Steers—Medium and Large 1362181.36/cwt179.00–183.006573
Steers—Medium and Large 2365172.67/cwt172.00–174.006303
Steers—Medium and Large 3390161.00/cwt161.00–161.006281
Steers—Medium and Large 1413175.09/cwt171.00–180.007238
Steers—Medium and Large 2433164.99/cwt163.00–167.007142
Steers—Medium and Large 1450180.00/cwt180.00–180.008101
Steers—Medium and Large 2480163.68/cwt160.00–168.007863
Steers—Medium and Large 3488152.97/cwt151.00–155.007462
Steers—Medium and Large 1534158.77/cwt154.00–160.0084813
Steers—Medium and Large 1575161.67/cwt161.00–163.009303
Steers—Medium and Large 2585154.00/cwt154.00–154.009011
Steers—Medium and Large 2600134.00/cwt134.00–134.008041
Steers—Medium and Large 1605155.00/cwt155.00–155.009381
Steers—Medium and Large 2685135.00/cwt135.00–135.009251
Steers—Medium and Large 1705132.00/cwt132.00–132.009311
Steers—Medium and Large 2744123.00/cwt123.00–123.009155
Steers—Medium and Large 1828125.00/cwt125.00–125.001,03515
Steers—Medium and Large 1876121.00/cwt121.00–121.001,0603
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 1355142.00/cwt142.00–142.005041
Heifers—Medium and Large 1433139.32/cwt138.00–140.006033
Heifers—Medium and Large 2445125.00/cwt125.00–125.005561
Heifers—Medium and Large 1466136.31/cwt134.00–142.006359
Heifers—Medium and Large 2480132.00/cwt132.00–132.006341
Heifers—Medium and Large 1516136.65/cwt135.00–138.007056
Heifers—Medium and Large 1558133.00/cwt132.00–134.007422
Heifers—Medium and Large 2570124.96/cwt122.00–127.007124
Heifers—Medium and Large 1620121.55/cwt120.00–123.007542
Heifers—Medium and Large 1660120.00/cwt120.00–120.007921
Heifers—Medium and Large 1709113.00/cwt108.00–116.008013
Heifers—Medium and Large 1790111.00/cwt111.00–111.008771
Heifers—Medium and Large 1815106.94/cwt104.00–110.008722
Heifers—Medium and Large 1875106.00/cwt106.00–106.009281
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 2430135.00/cwt135.00–135.005811
Bulls—Medium and Large 2450145.00/cwt145.00–145.006531
Bulls—Medium and Large 1475154.82/cwt149.00–160.007353
Bulls—Medium and Large 1500139.00/cwt139.00–139.006951
Bulls—Medium and Large 2535121.00/cwt121.00–121.006471
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,48281.64/cwt79.50–85.001,2103
Bulls——1,71579.50/cwt79.50–79.501,3631
Bulls——1,97091.67/cwt87.50–93.501,8063
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%89550.50/cwt50.50–50.504521
Cows—Lean 85-90%1,12755.41/cwt53.00–59.006246
Cows—Boner 80-85%1,14665.05/cwt62.50–68.5074511
Cows—Boner 80-85%1,34569.68/cwt69.00–70.009373
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,3201,200.00/cwt1,200.00–1,200.0015,8402
Cow-Calf Pairs—Medium and Large 1-21,4751,340.00/cwt1,340.00–1,340.0019,7652
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2950880.00/cwt880.00–880.008,3601
Bred Cows—Medium and Large 21,1431,047.86/cwt850.00–1,180.0011,9772
Bred Cows—Medium and Large 21,150950.00/cwt950.00–950.0010,9251
Bred Cows—Medium and Large 21,175850.00/cwt850.00–850.009,9881

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.