Sale reports / Mississippi / Meridian Livestock Auction / 2021-04-12

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 12
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
518 head
▲ 296 vs last sale 222▲ 448 vs year ago 70 · +640.0%
Slaughter Cattle receipts
27 head
▼ 4 vs last sale 31▼ 6 vs year ago 33 · −18.2%
Replacement Cattle receipts
47 head
▲ 18 vs last sale 29▲ 3 vs year ago 44 · +6.8%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder steers were 3-7 higher, heifers were 2-4 higher. Slaughter cows and bulls 2-5 higher. Also sold load of steers 88 head average wt. 571 lbs. @ $1.71 per lb. black hided

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $163.97/cwt on 337 head.
Average price
$163.97
337 head · 577 lb average
Value per head Derived
$946
Price × average weight ÷ 100
Grade differential Derived
$220
per head · Medium and Large 1 over Medium and Large 3
$10.57/cwt at this weight
vs the market
+8.45
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1495165.5782031
Medium and Large 1-2594164.64977276
Medium and Large 2517156.1780728
Medium and Large 3388155.006012thin
One grade step is worth $10.57/cwt here — about $220 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 sale337 hd
163.97
—
MS average13 barns · 1,303 hd
155.52
+8.45
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—Average1,92588.171,6983thin
CowsBoner 80-85%Average1,26572.2491412
CowsBreaker 75-80%Average1,45064.009281thin
CowsLean 85-90%Low86955.064786thin

Every lot

64 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 · Steers26 lots · lightest first
Steers—Medium and Large 1230188.00/cwt183.00–193.004322
Steers—Medium and Large 2290167.00/cwt167.00–167.004841
Steers—Medium and Large 2324165.44/cwt162.00–170.005364
Steers—Medium and Large 1330175.97/cwt174.00–178.005812
Steers—Medium and Large 3345159.00/cwt159.00–159.005491
Steers—Medium and Large 1-2362186.00/cwt186.00–186.0067318
Steers—Medium and Large 1372177.39/cwt175.00–179.006603
Steers—Medium and Large 2385163.00/cwt163.00–163.006281
Steers—Medium and Large 2420160.37/cwt158.00–163.006743
Steers—Medium and Large 1426172.51/cwt165.00–178.007357
Steers—Medium and Large 3430151.00/cwt151.00–151.006491
Steers—Medium and Large 2460164.45/cwt162.00–167.007562
Steers—Medium and Large 1-2475182.00/cwt182.00–182.0086573
Steers—Medium and Large 1475173.00/cwt173.00–173.008221
Steers—Medium and Large 1519164.87/cwt160.00–168.008569
Steers—Medium and Large 1-2568170.80/cwt170.00–171.00970110
Steers—Medium and Large 2584154.12/cwt154.00–155.0090016
Steers—Medium and Large 1590161.00/cwt161.00–161.009501
Steers—Medium and Large 1645147.67/cwt146.00–151.009523
Steers—Medium and Large 1680148.00/cwt148.00–148.001,0061
Steers—Medium and Large 1-2706140.00/cwt140.00–140.0098820
Steers—Medium and Large 1805136.00/cwt136.00–136.001,0951
Steers—Medium and Large 1-2806134.12/cwt134.00–135.001,08142
Steers—Medium and Large 1-2939122.00/cwt122.00–122.001,14613
Steers—Medium and Large 2980105.00/cwt105.00–105.001,0291
Steers—Medium and Large 1985120.00/cwt120.00–120.001,1821
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 2300132.00/cwt132.00–132.003961
Heifers—Medium and Large 1310135.00/cwt135.00–135.004191
Heifers—Medium and Large 2368129.48/cwt129.00–130.004762
Heifers—Medium and Large 1385145.00/cwt145.00–145.005581
Heifers—Medium and Large 1441138.27/cwt133.00–146.006104
Heifers—Medium and Large 1463138.17/cwt138.00–139.006406
Heifers—Medium and Large 1519134.79/cwt129.00–143.007009
Heifers—Medium and Large 2535126.00/cwt126.00–126.006741
Heifers—Medium and Large 2590127.03/cwt124.00–129.007493
Heifers—Medium and Large 1626126.53/cwt120.00–130.007925
Heifers—Medium and Large 1671128.49/cwt126.00–132.008624
Heifers—Medium and Large 2680110.00/cwt110.00–110.007481
Heifers—Medium and Large 1720116.04/cwt114.00–118.008352
Heifers—Medium and Large 2735105.00/cwt105.00–105.007721
Heifers—Medium and Large 1790114.33/cwt113.00–117.009033
Heifers—Medium and Large 1812114.00/cwt114.00–114.009265
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 2488142.99/cwt141.00–145.006982
Bulls—Medium and Large 2510143.00/cwt143.00–143.007291
Bulls—Medium and Large 1523151.41/cwt147.00–156.007924
Bulls—Medium and Large 1560145.00/cwt145.00–145.008121
Bulls—Medium and Large 1645124.00/cwt124.00–124.008001
Bulls—Medium and Large 1680119.49/cwt119.00–120.008132
Bulls—Medium and Large 1728117.52/cwt116.00–119.008562
Bulls—Medium and Large 1773120.47/cwt119.00–122.009312
Bulls—Medium and Large 1815111.00/cwt111.00–111.009051
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,40077.50/cwt77.50–77.501,0851
Bulls——2,18893.50/cwt93.50–93.502,0462
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%73046.80/cwt45.50–48.503422
Cows—Lean 85-90%93859.19/cwt54.00–64.505554
Cows—Boner 80-85%1,19871.14/cwt70.00–73.008529
Cows—Breaker 75-80%1,45064.00/cwt64.00–64.009281
Cows—Boner 80-85%1,46775.55/cwt74.50–77.001,1083
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0601,195.05/cwt1,125.00–1,260.0012,6684
Cow-Calf Pairs—Medium and Large 21,2091,109.65/cwt980.00–1,310.0013,4168
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2910770.00/cwt770.00–770.007,0071
Bred Cows—Medium and Large 2925730.00/cwt730.00–730.006,7531
Bred Cows—Medium and Large 21,040882.12/cwt730.00–1,010.009,1742
Bred Cows—Medium and Large 21,295981.50/cwt860.00–1,070.0012,7104

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.