Sale reports / Mississippi / Meridian Livestock Auction / 2021-05-17

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 17
● Final60 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
148 head
▼ 51 vs last sale 199▼ 144 vs year ago 292 · −49.3%
Slaughter Cattle receipts
120 head
▲ 86 vs last sale 34▲ 65 vs year ago 55 · +118.2%
Replacement Cattle receipts
407 head
▲ 398 vs last sale 9▲ 381 vs year ago 26 · +1,465.4%
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $120.16/cwt on 53 head.
Average price
$120.16
53 head · 518 lb average
Value per head Derived
$622
Price × average weight ÷ 100
Grade differential Derived
−$173
per head · Medium and Large 2 over Medium and Large 1
$2.94/cwt at this weight
vs the market
−3.27
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2418122.0551019thin
Medium and Large 1574119.1068334
One grade step is worth $2.94/cwt here — about −$173 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 sale53 hd
120.16
—
MS average13 barns · 1,127 hd
123.42
−3.27
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—Low1,62595.091,54510
CowsBoner 80-85%Average1,17068.3379923
CowsBreaker 75-80%Average1,33561.508211thin
CowsLean 85-90%Average91453.0048411

Every lot

60 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 · Steers17 lots · lightest first
Steers—Medium and Large 1275161.00/cwt161.00–161.004431
Steers—Medium and Large 1305166.00/cwt166.00–166.005061
Steers—Medium and Large 2318151.68/cwt150.00–153.004823
Steers—Medium and Large 2375152.60/cwt150.00–156.005723
Steers—Medium and Large 2405145.00/cwt145.00–145.005871
Steers—Medium and Large 1440150.50/cwt150.00–151.006622
Steers—Medium and Large 1470149.23/cwt141.00–157.007016
Steers—Medium and Large 1525144.71/cwt140.00–148.007603
Steers—Medium and Large 2545126.00/cwt126.00–126.006871
Steers—Medium and Large 2565128.01/cwt127.00–129.007232
Steers—Medium and Large 1616129.82/cwt126.00–134.008005
Steers—Medium and Large 2640124.00/cwt124.00–124.007941
Steers—Medium and Large 1675127.75/cwt127.00–129.008624
Steers—Medium and Large 1700124.00/cwt124.00–124.008681
Steers—Medium and Large 2706121.79/cwt121.00–122.008605
Steers—Medium and Large 2795119.00/cwt119.00–119.009461
Steers—Medium and Large 1810115.00/cwt115.00–115.009321
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1315129.00/cwt129.00–129.004061
Heifers—Medium and Large 2323126.51/cwt125.00–128.004092
Heifers—Medium and Large 2381124.76/cwt122.00–127.004759
Heifers—Medium and Large 1390130.00/cwt130.00–130.005071
Heifers—Medium and Large 2433118.67/cwt116.00–122.005143
Heifers—Medium and Large 1440126.00/cwt126.00–126.005541
Heifers—Medium and Large 2453121.50/cwt121.00–122.005502
Heifers—Medium and Large 1470125.26/cwt124.00–126.005894
Heifers—Medium and Large 1523122.69/cwt119.00–125.006426
Heifers—Medium and Large 2530114.00/cwt114.00–114.006041
Heifers—Medium and Large 2563115.00/cwt115.00–115.006472
Heifers—Medium and Large 1571121.13/cwt118.00–126.006926
Heifers—Medium and Large 1618114.63/cwt110.00–119.007086
Heifers—Medium and Large 1670112.76/cwt108.00–116.007555
Heifers—Medium and Large 1713112.24/cwt110.00–115.008004
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 1435142.00/cwt142.00–142.006181
Bulls—Medium and Large 1474139.96/cwt136.00–143.006635
Bulls—Medium and Large 2517126.66/cwt123.00–132.006553
Bulls—Medium and Large 1530139.50/cwt135.00–144.007392
Bulls—Medium and Large 2575122.00/cwt122.00–122.007021
Bulls—Medium and Large 1640116.99/cwt116.00–118.007492
Bulls—Medium and Large 1685110.00/cwt110.00–110.007541
Bulls—Medium and Large 2725102.00/cwt102.00–102.007401
Bulls—Medium and Large 275596.00/cwt96.00–96.007251
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,07085.50/cwt85.50–85.509151
Bulls——1,66698.35/cwt93.50–101.001,6396
Bulls——1,72891.75/cwt91.50–92.001,5853
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%78242.20/cwt38.50–45.003303
Cows—Lean 85-90%96357.05/cwt51.50–61.005498
Cows—Boner 80-85%1,17068.33/cwt63.00–74.0079923
Cows—Breaker 75-80%1,33561.50/cwt61.50–61.508211
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Medium and Large 21,083957.92/cwt820.00–1,100.0010,3746
Bred Cows—Medium and Large 21,1101,000.00/cwt1,000.00–1,000.0011,1001
Bred Cows—Medium and Large 21,1381,133.31/cwt900.00–1,350.0012,8973
Bred Cows—Medium and Large 21,1451,168.73/cwt1,080.00–1,240.0013,3822
Bred Cows—Medium and Large 21,1551,275.00/cwt1,275.00–1,275.0014,7261
Bred Cows—Medium and Large 21,2851,240.00/cwt1,240.00–1,240.0015,9341
Bred Cows—Medium and Large 21,3501,300.00/cwt1,300.00–1,300.0017,5501
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 19101,251.55/cwt1,190.00–1,350.0011,38912
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,2801,300.00/cwt1,300.00–1,300.0016,6402
Cow-Calf Pairs—Medium and Large 21,3301,470.00/cwt1,470.00–1,470.0019,5512
Cow-Calf Pairs—Medium and Large 21,3501,700.00/cwt1,700.00–1,700.0022,9502
Cow-Calf Pairs—Medium and Large 21,3521,346.72/cwt1,250.00–1,450.0018,2086

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.