Sale reports / Mississippi / Meridian Livestock Auction / 2021-05-03

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2021-05-03
Creator: RaisedBeef
Published: 2021-05-03

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 3

● Final51 lots reportedUSDA AMS · slug 2112

← Apr 26May 3May 10 →

Feeder Cattle receipts

167 head

▲ 17 vs last sale 150▼ 135 vs year ago 302 · −44.7%

Slaughter Cattle receipts

33 head

▲ 2 vs last sale 31▼ 45 vs year ago 78 · −57.7%

Replacement Cattle receipts

36 head

▲ 20 vs last sale 16▼ 47 vs year ago 83 · −56.6%

View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were also steady.

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 $121.12/cwt on 56 head.

Average price

$121.12

56 head · 492 lb average

Value per head Derived

$596

Price × average weight ÷ 100

Grade differential Derived

−$26

per head · Medium and Large 1 over Medium and Large 3

$17.66/cwt at this weight

vs the market

−0.76

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	474	124.33	589	34
Medium and Large 2	511	117.66	602	19thin
Medium and Large 3	577	106.67	615	3thin

One grade step is worth $17.66/cwt here — about −$26 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 sale56 hd

121.12

—

MS average13 barns · 1,281 hd

121.89

−0.76

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	—	Average	1,418	81.16	1,151	5thin
Cows	Boner 80-85%	Average	1,201	64.20	771	10
Cows	Lean 85-90%	Low	975	52.32	510	15

Every lot

51 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 · Steers14 lots · lightest first
Steers	—	Medium and Large 2	315	151.90/cwt	146.00–155.00	478	3
Steers	—	Medium and Large 2	375	147.63/cwt	145.00–150.00	554	2
Steers	—	Medium and Large 1	428	144.41/cwt	143.00–147.00	618	5
Steers	—	Medium and Large 1	463	147.49/cwt	146.00–149.00	683	2
Steers	—	Medium and Large 2	470	132.53/cwt	131.00–134.00	623	2
Steers	—	Medium and Large 1-2	509	142.00/cwt	142.00–142.00	723	14
Steers	—	Medium and Large 1	517	137.35/cwt	135.00–139.00	710	3
Steers	—	Medium and Large 2	525	121.68/cwt	120.00–124.00	639	4
Steers	—	Medium and Large 2	577	121.06/cwt	118.00–125.00	699	3
Steers	—	Medium and Large 1	578	132.94/cwt	131.00–135.00	768	2
Steers	—	Medium and Large 1	614	130.00/cwt	130.00–130.00	798	11
Steers	—	Medium and Large 2	630	124.00/cwt	124.00–124.00	781	1
Steers	—	Medium and Large 2	675	123.00/cwt	123.00–123.00	830	1
Steers	—	Medium and Large 2	710	121.00/cwt	121.00–121.00	859	1
Feeder Cattle · Heifers14 lots · lightest first
Heifers	—	Medium and Large 1	321	133.51/cwt	131.00–135.00	429	4
Heifers	—	Medium and Large 1	350	134.00/cwt	134.00–134.00	469	1
Heifers	—	Medium and Large 2	388	126.02/cwt	125.00–127.00	489	2
Heifers	—	Medium and Large 1	424	127.05/cwt	125.00–137.00	539	7
Heifers	—	Medium and Large 2	430	121.65/cwt	120.00–123.00	523	3
Heifers	—	Medium and Large 2	455	120.00/cwt	118.00–122.00	546	2
Heifers	—	Medium and Large 1	480	125.56/cwt	125.00–129.00	603	9
Heifers	—	Medium and Large 1	516	125.00/cwt	125.00–125.00	645	8
Heifers	—	Medium and Large 2	518	119.57/cwt	118.00–121.00	619	7
Heifers	—	Medium and Large 3	577	106.67/cwt	105.00–108.00	615	3
Heifers	—	Medium and Large 2	580	112.21/cwt	109.00–118.00	651	3
Heifers	—	Medium and Large 1	614	107.96/cwt	105.00–110.00	663	5
Heifers	—	Medium and Large 2	650	105.00/cwt	105.00–105.00	683	1
Heifers	—	Medium and Large 2	725	100.00/cwt	100.00–100.00	725	1
Feeder Cattle · Bulls9 lots · lightest first
Bulls	—	Medium and Large 1	425	143.00/cwt	143.00–143.00	608	1
Bulls	—	Medium and Large 2	430	117.00/cwt	117.00–117.00	503	1
Bulls	—	Medium and Large 1	490	140.00/cwt	140.00–140.00	686	1
Bulls	—	Medium and Large 2	490	124.00/cwt	124.00–124.00	608	1
Bulls	—	Medium and Large 1	510	126.00/cwt	126.00–126.00	643	1
Bulls	—	Medium and Large 2	515	117.00/cwt	117.00–117.00	603	1
Bulls	—	Medium and Large 2	560	115.00/cwt	115.00–115.00	644	1
Bulls	—	Medium and Large 2	605	117.00/cwt	117.00–117.00	708	1
Bulls	—	Medium and Large 2	670	107.00/cwt	107.00–107.00	717	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,040	72.51/cwt	71.00–74.00	754	2
Bulls	—	—	1,670	86.92/cwt	83.00–91.50	1,452	3
Slaughter Cattle · Cows3 lots · lightest first
Cows	—	Lean 85-90%	912	46.95/cwt	43.50–49.50	428	5
Cows	—	Lean 85-90%	1,007	55.00/cwt	50.50–60.50	554	10
Cows	—	Boner 80-85%	1,201	64.20/cwt	61.50–68.50	771	10
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,315	1,120.00/cwt	1,120.00–1,120.00	14,728	2
Cow-Calf Pairs	—	Medium and Large 2	1,330	1,060.00/cwt	1,060.00–1,060.00	14,098	2
Cow-Calf Pairs	—	Medium and Large 2	1,365	1,250.00/cwt	1,250.00–1,250.00	17,063	2
Cow-Calf Pairs	—	Medium and Large 2	1,475	1,260.00/cwt	1,260.00–1,260.00	18,585	2
Cow-Calf Pairs	—	Medium and Large 2	1,545	1,150.00/cwt	1,150.00–1,150.00	17,768	2
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows	—	Medium and Large 2	1,030	760.00/cwt	760.00–760.00	7,828	1
Bred Cows	—	Medium and Large 2	1,120	740.00/cwt	740.00–740.00	8,288	1
Bred Cows	—	Medium and Large 2	1,121	841.34/cwt	780.00–890.00	9,431	4
Bred Cows	—	Medium and Large 2	1,130	790.00/cwt	790.00–790.00	8,927	1

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 May 3, 2021

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

Feeder CattleReceipts 167Last week 150Year ago 302

Slaughter CattleReceipts 33Last week 31Year ago 78

Replacement CattleReceipts 36Last week 16Year ago 83

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were also steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
4	—	321	131.00–135.00	133.51
7	—	424	125.00–137.00	127.05
1	—	350	134.00	134.00
9	—	480	125.00–129.00	125.56
5	—	614	105.00–110.00	107.96
8	—	516	125.00	125.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	725	100.00	100.00
2	—	388	125.00–127.00	126.02
2	—	455	118.00–122.00	120.00
3	—	580	109.00–118.00	112.21
1	—	650	105.00	105.00
7	—	518	118.00–121.00	119.57
3	—	430	120.00–123.00	121.65

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
3	—	577	105.00–108.00	106.67

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	710	121.00	121.00
3	—	577	118.00–125.00	121.06
4	—	525	120.00–124.00	121.68
3	—	315	146.00–155.00	151.90
2	—	470	131.00–134.00	132.53
2	—	375	145.00–150.00	147.63
1	—	630	124.00	124.00
1	—	675	123.00	123.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
14	—	509	142.00	142.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	578	131.00–135.00	132.94
11	—	614	130.00	130.00
5	—	428	143.00–147.00	144.41
3	—	517	135.00–139.00	137.35
2	—	463	146.00–149.00	147.49

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	560	115.00	115.00
1	—	515	117.00	117.00
1	—	490	124.00	124.00
1	—	430	117.00	117.00
1	—	670	107.00	107.00
1	—	605	117.00	117.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	510	126.00	126.00
1	—	490	140.00	140.00
1	—	425	143.00	143.00

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)	1st Stage (1-3 mo)	2	—	1,365	1,250.00	1,250.00
Young (2-4 yrs)	Open	2	—	1,315	1,120.00	1,120.00
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	1,475	1,260.00	1,260.00
Middle Aged (5-8 yrs)	Open	2	—	1,545	1,150.00	1,150.00
Middle Aged (5-8 yrs)	Open	2	—	1,330	1,060.00	1,060.00

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)	2nd/3rd Stage (4-9 mo)	4	—	1,121	780.00–890.00	841.34
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,130	790.00	790.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,030	760.00	760.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,120	740.00	740.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
5	—	912	43.50–49.50	46.95
10	—	1,007	50.50–60.50	55.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
10	—	1,201	61.50–68.50	64.20

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,040	71.00–74.00	72.51
3	—	1,670	83.00–91.50	86.92

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.