Sale reports / Mississippi / Meridian Livestock Auction / 2021-04-26

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 26
● Final42 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
150 head
▼ 271 vs last sale 421▼ 254 vs year ago 404 · −62.9%
Slaughter Cattle receipts
31 head
▼ 18 vs last sale 49▼ 11 vs year ago 42 · −26.2%
Replacement Cattle receipts
16 head
▼ 48 vs last sale 64▼ 19 vs year ago 35 · −54.3%
View

Reporter comment USDA

As filed

Good day, as compared to last market Feeder calves were 5-10 lower. 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 $116.91/cwt on 36 head.
Average price
$116.91
36 head · 520 lb average
Value per head Derived
$608
Price × average weight ÷ 100
Grade differential Derived
$65
per head · Medium and Large 1 over Medium and Large 3
$3.99/cwt at this weight
vs the market
−5.50
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1514119.996164thin
Medium and Large 2522116.5460931
Medium and Large 3475116.005511thin
One grade step is worth $3.99/cwt here — about $65 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 sale36 hd
116.91
—
MS average13 barns · 1,061 hd
122.41
−5.50
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—Low1,39981.241,1378thin
CowsBoner 80-85%Average1,17666.247796thin
CowsLean 85-90%Average87346.9341011

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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers10 lots · lightest first
Steers—Medium and Large 2320141.50/cwt140.00–143.004532
Steers—Medium and Large 2355140.00/cwt140.00–140.004971
Steers—Medium and Large 2425133.01/cwt131.00–136.005655
Steers—Medium and Large 1436142.17/cwt140.00–144.006207
Steers—Medium and Large 2465133.00/cwt133.00–133.006181
Steers—Medium and Large 1485140.00/cwt140.00–140.006792
Steers—Medium and Large 1515138.33/cwt137.00–140.007126
Steers—Medium and Large 2585131.00/cwt131.00–131.007661
Steers—Medium and Large 1655131.00/cwt131.00–131.008581
Steers—Medium and Large 1775120.00/cwt120.00–120.009301
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1310131.00/cwt131.00–131.004061
Heifers—Medium and Large 2325126.00/cwt126.00–126.004101
Heifers—Medium and Large 2365119.00/cwt119.00–119.004341
Heifers—Medium and Large 2417120.60/cwt118.00–122.005038
Heifers—Medium and Large 2475118.21/cwt117.00–121.005614
Heifers—Medium and Large 3475116.00/cwt116.00–116.005511
Heifers—Medium and Large 1515120.00/cwt120.00–120.006181
Heifers—Medium and Large 2535117.63/cwt116.00–118.006298
Heifers—Medium and Large 2573115.21/cwt112.00–116.006605
Heifers—Medium and Large 1615114.48/cwt113.00–116.007042
Heifers—Medium and Large 2733100.50/cwt100.00–101.007372
Heifers—Medium and Large 2827106.00/cwt106.00–106.008772
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 2428124.01/cwt122.00–126.005313
Bulls—Medium and Large 2495124.00/cwt124.00–124.006141
Bulls—Medium and Large 1517124.99/cwt124.00–126.006463
Bulls—Medium and Large 2535118.00/cwt118.00–118.006312
Bulls—Medium and Large 1570123.00/cwt123.00–123.007011
Bulls—Medium and Large 2570120.02/cwt119.00–121.006842
Bulls—Medium and Large 1612116.94/cwt113.00–120.007163
Bulls—Medium and Large 2660110.00/cwt110.00–110.007261
Bulls—Medium and Large 1665121.00/cwt121.00–121.008051
Bulls—Medium and Large 2710110.00/cwt110.00–110.007813
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,25581.00/cwt81.00–81.001,0171
Bulls——1,35372.30/cwt70.00–74.009783
Bulls——1,47088.00/cwt83.50–92.001,2944
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%83940.88/cwt36.00–46.003436
Cows—Lean 85-90%91454.20/cwt49.00–60.004955
Cows—Boner 80-85%1,17666.24/cwt64.00–68.007796
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0601,050.00/cwt1,050.00–1,050.0011,1302
Cow-Calf Pairs—Medium and Large 21,1651,150.00/cwt1,150.00–1,150.0013,3982
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 2885750.00/cwt750.00–750.006,6381
Bred Cows—Medium and Large 2993825.69/cwt800.00–850.008,1992

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.