Sale reports / Mississippi / Meridian Livestock Auction / 2021-05-31

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 31
● Final62 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
311 head
▲ 106 vs last sale 205▼ 122 vs year ago 433 · −28.2%
Slaughter Cattle receipts
64 head
▲ 9 vs last sale 55▲ 28 vs year ago 36 · +77.8%
Replacement Cattle receipts
49 head
▼ 9 vs last sale 58▲ 17 vs year ago 32 · +53.1%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 higher, 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 $123.95/cwt on 105 head.
Average price
$123.95
105 head · 538 lb average
Value per head Derived
$667
Price × average weight ÷ 100
Grade differential Derived
$160
per head · Medium and Large 1 over Medium and Large 2
$1.98/cwt at this weight
vs the market
+0.47
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1551124.1668494
Medium and Large 2429122.1852411thin
One grade step is worth $1.98/cwt here — about $160 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 sale105 hd
123.95
—
MS average13 barns · 1,275 hd
123.48
+0.47
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—Average1,55290.071,3985thin
CowsBoner 80-85%High1,07670.1575515
CowsBreaker 75-80%Average1,28562.678052thin
CowsLean 85-90%Average95756.1853817

Every lot

62 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 1350160.00/cwt160.00–160.005601
Steers—Medium and Large 2383153.03/cwt150.00–155.005863
Steers—Medium and Large 1-2405161.00/cwt161.00–161.006522
Steers—Medium and Large 1434152.29/cwt148.00–158.006617
Steers—Medium and Large 2435141.26/cwt137.00–146.006143
Steers—Medium and Large 1481149.16/cwt147.00–155.0071710
Steers—Medium and Large 2486145.43/cwt145.00–147.007077
Steers—Medium and Large 3495134.00/cwt134.00–134.006631
Steers—Medium and Large 2530126.00/cwt126.00–126.006681
Steers—Medium and Large 1532144.84/cwt140.00–146.007719
Steers—Medium and Large 2575136.00/cwt136.00–136.007822
Steers—Medium and Large 2615126.54/cwt125.00–128.007782
Steers—Medium and Large 1625136.14/cwt131.00–137.0085122
Steers—Medium and Large 1660139.01/cwt136.00–140.009174
Steers—Medium and Large 2694126.58/cwt124.00–127.008787
Steers—Medium and Large 3720105.00/cwt105.00–105.007561
Steers—Medium and Large 2723127.30/cwt126.00–129.009203
Steers—Medium and Large 1745130.00/cwt130.00–130.009691
Steers—Medium and Large 2755125.00/cwt125.00–125.009441
Steers—Medium and Large 1905118.00/cwt118.00–118.001,0681
Feeder Cattle · Heifers13 lots · lightest first
Heifers—Medium and Large 2345127.00/cwt127.00–127.004385
Heifers—Medium and Large 1372132.38/cwt130.00–135.004923
Heifers—Medium and Large 2385126.00/cwt126.00–126.004851
Heifers—Medium and Large 1422129.38/cwt126.00–131.0054613
Heifers—Medium and Large 2425123.00/cwt123.00–123.005231
Heifers—Medium and Large 2450120.00/cwt120.00–120.005401
Heifers—Medium and Large 1484128.11/cwt125.00–134.0062020
Heifers—Medium and Large 1541124.01/cwt120.00–128.006714
Heifers—Medium and Large 2577113.34/cwt110.00–117.006543
Heifers—Medium and Large 1586122.27/cwt120.00–126.0071732
Heifers—Medium and Large 1621120.38/cwt115.00–126.0074810
Heifers—Medium and Large 1694118.38/cwt115.00–119.0082211
Heifers—Medium and Large 1710115.00/cwt115.00–115.008171
Feeder Cattle · Bulls13 lots · lightest first
Bulls—Medium and Large 2420125.00/cwt125.00–125.005251
Bulls—Medium and Large 1472131.02/cwt130.00–133.006183
Bulls—Medium and Large 2480123.00/cwt123.00–123.005902
Bulls—Medium and Large 1525126.46/cwt125.00–128.006642
Bulls—Medium and Large 2540121.00/cwt121.00–121.006531
Bulls—Medium and Large 2570121.03/cwt120.00–122.006902
Bulls—Medium and Large 3570112.00/cwt112.00–112.006381
Bulls—Medium and Large 1610126.50/cwt122.00–131.007722
Bulls—Medium and Large 2645115.00/cwt115.00–115.007421
Bulls—Medium and Large 2685111.00/cwt111.00–111.007601
Bulls—Medium and Large 1740116.00/cwt116.00–116.008581
Bulls—Medium and Large 1780110.00/cwt110.00–110.008581
Bulls—Medium and Large 1860105.00/cwt105.00–105.009031
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,28581.44/cwt80.00–82.501,0472
Bulls——1,73095.82/cwt90.00–98.001,6583
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%88852.95/cwt50.50–55.504703
Cows—Lean 85-90%96660.36/cwt57.00–65.0058311
Cows—Lean 85-90%99244.07/cwt43.00–45.004373
Cows—Boner 80-85%1,00268.92/cwt66.00–72.0069112
Cows—Breaker 75-80%1,28562.67/cwt60.00–64.508052
Cows—Boner 80-85%1,37375.09/cwt75.00–75.251,0313
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 2920850.00/cwt850.00–850.007,8201
Bred Cows—Medium and Large 2935779.29/cwt720.00–840.007,2863
Bred Cows—Medium and Large 21,000890.00/cwt890.00–890.008,9001
Bred Cows—Medium and Large 21,035800.00/cwt800.00–800.008,2801
Bred Cows—Medium and Large 21,098857.87/cwt825.00–890.009,4192
Bred Cows—Medium and Large 21,280937.67/cwt895.00–980.0012,0022
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,1701,000.00/cwt1,000.00–1,000.0011,7002
Cow-Calf Pairs—Medium and Large 21,4781,204.31/cwt1,060.00–1,300.0017,8006

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.