Sale reports / Mississippi / Meridian Livestock Auction / 2021-06-07

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 7
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
801 head
▲ 490 vs last sale 311▲ 606 vs year ago 195 · +310.8%
Slaughter Cattle receipts
34 head
▼ 30 vs last sale 64▼ 1 vs year ago 35 · −2.9%
Replacement Cattle receipts
29 head
▼ 20 vs last sale 49▼ 158 vs year ago 187 · −84.5%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 higher and slaughter cows and bulls were steady. Sold a load of steers 73 head @ 695 lb average brought $ 1.3920 per lb, also sold 78 heifers 661 lb. average @ $1.32 per lb. Sold 90 heifers @ 562 lbs. @ $1.42 per lb.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.98/cwt on 364 head.
Average price
$137.98
364 head · 676 lb average
Value per head Derived
$933
Price × average weight ÷ 100
Grade differential Derived
$12
per head · Medium and Large 1-2 over Medium and Large 1
$1.81/cwt at this weight
vs the market
+3.80
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2688139.2895980
Medium and Large 2548138.6976033
Medium and Large 1689137.47947251
One grade step is worth $1.81/cwt here — about $12 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 sale364 hd
137.98
—
MS average13 barns · 1,553 hd
134.18
+3.80
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—Average1,95593.001,8181thin
CowsBoner 80-85%Average1,31169.5991218
CowsBreaker 75-80%Average2,05864.001,3172thin
CowsLean 85-90%Average1,01355.435616thin

Every lot

58 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 · Steers22 lots · lightest first
Steers—Medium and Large 2144144.00/cwt144.00–144.002074
Steers—Medium and Large 1340167.00/cwt167.00–167.005681
Steers—Medium and Large 1395167.00/cwt167.00–167.006601
Steers—Medium and Large 1430154.36/cwt150.00–158.006645
Steers—Medium and Large 1474154.19/cwt150.00–160.007315
Steers—Medium and Large 2490140.00/cwt140.00–140.006861
Steers—Medium and Large 1516155.19/cwt148.00–158.008016
Steers—Medium and Large 2533144.01/cwt143.00–145.007683
Steers—Medium and Large 1584149.95/cwt148.00–150.0087635
Steers—Medium and Large 2589140.94/cwt135.00–142.0083020
Steers—Medium and Large 1-2620142.16/cwt140.00–143.008817
Steers—Medium and Large 1641137.01/cwt136.00–147.0087815
Steers—Medium and Large 2677127.35/cwt125.00–130.008623
Steers—Medium and Large 1678139.11/cwt138.00–140.0094385
Steers—Medium and Large 1-2695139.00/cwt139.00–139.0096673
Steers—Medium and Large 1730130.55/cwt125.00–135.0095326
Steers—Medium and Large 2740112.00/cwt112.00–112.008291
Steers—Medium and Large 1777129.34/cwt128.00–131.001,00543
Steers—Medium and Large 1838124.92/cwt124.00–126.001,04727
Steers—Medium and Large 2860116.00/cwt116.00–116.009981
Steers—Medium and Large 1870120.00/cwt120.00–120.001,0441
Steers—Medium and Large 1975120.00/cwt120.00–120.001,1701
Feeder Cattle · Heifers23 lots · lightest first
Heifers—Medium and Large 1335135.00/cwt135.00–135.004521
Heifers—Medium and Large 2363128.07/cwt126.00–130.004653
Heifers—Medium and Large 1372135.78/cwt130.00–143.005053
Heifers—Medium and Large 1418141.56/cwt138.00–145.005922
Heifers—Medium and Large 2420128.00/cwt128.00–128.005381
Heifers—Medium and Large 1462137.32/cwt134.00–142.006343
Heifers—Medium and Large 2465126.00/cwt126.00–126.005861
Heifers—Medium and Large 1513132.63/cwt131.00–134.006803
Heifers—Medium and Large 2530125.48/cwt123.00–128.006652
Heifers—Medium and Large 1-2562142.00/cwt142.00–142.0079890
Heifers—Medium and Large 2583125.99/cwt125.00–127.007352
Heifers—Medium and Large 1585131.68/cwt128.00–132.0077024
Heifers—Medium and Large 2600115.00/cwt115.00–115.006901
Heifers—Medium and Large 1636130.58/cwt125.00–134.0083013
Heifers—Medium and Large 1-2661132.00/cwt132.00–132.0087378
Heifers—Medium and Large 1664128.26/cwt126.00–129.0085216
Heifers—Medium and Large 1700126.73/cwt124.00–127.0088711
Heifers—Medium and Large 2715118.00/cwt118.00–118.008441
Heifers—Medium and Large 1-2760122.00/cwt122.00–122.0092768
Heifers—Medium and Large 2778108.42/cwt100.00–117.008442
Heifers—Medium and Large 1897107.00/cwt107.00–107.0096011
Heifers—Medium and Large 1911107.74/cwt107.00–108.009824
Heifers—Medium and Large 1976100.00/cwt100.00–100.009763
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1440128.00/cwt128.00–128.005631
Bulls—Medium and Large 1500125.00/cwt125.00–125.006251
Bulls—Medium and Large 2525115.00/cwt115.00–115.006041
Bulls—Medium and Large 2575112.00/cwt112.00–112.006441
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,95593.00/cwt93.00–93.001,8181
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%95347.74/cwt45.50–50.004552
Cows—Lean 85-90%1,04359.27/cwt56.50–62.006184
Cows—Boner 80-85%1,31169.59/cwt65.00–74.5091218
Cows—Breaker 75-80%2,05864.00/cwt64.00–64.001,3172
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 21,042876.04/cwt825.00–925.009,1283
Bred Cows—Medium and Large 21,0471,119.43/cwt900.00–1,300.0011,7203
Bred Cows—Medium and Large 21,248842.30/cwt810.00–875.0010,5122
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 28451,125.00/cwt1,125.00–1,125.009,5062

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.