Sale reports / Mississippi / Meridian Livestock Auction / 2021-06-14

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 14
● Final49 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
294 head
▼ 507 vs last sale 801▼ 41 vs year ago 335 · −12.2%
Slaughter Cattle receipts
44 head
▲ 10 vs last sale 34▲ 2 vs year ago 42 · +4.8%
Replacement Cattle receipts
50 head
▲ 21 vs last sale 29▲ 24 vs year ago 26 · +92.3%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 2-3 higher and slaughter cows and bulls were 3-5 higher.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $145.93/cwt on 72 head.
Average price
$145.93
72 head · 579 lb average
Value per head Derived
$845
Price × average weight ÷ 100
Grade differential Derived
−$24
per head · Medium and Large 1 over Medium and Large 2
$11.94/cwt at this weight
vs the market
+5.86
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1559149.5783650
Medium and Large 2625137.6486022
One grade step is worth $11.94/cwt here — about −$24 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 sale72 hd
145.93
—
MS average13 barns · 970 hd
140.06
+5.86
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—Average1,40585.951,2085thin
CowsBoner 80-85%Average1,18575.3889311
CowsBreaker 75-80%Average1,46269.411,0153thin
CowsLean 85-90%Low96558.985699thin

Every lot

49 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 · Steers14 lots · lightest first
Steers—Medium and Large 1315164.57/cwt160.00–170.005183
Steers—Medium and Large 1355166.00/cwt166.00–166.005892
Steers—Medium and Large 1417159.33/cwt157.00–161.006643
Steers—Medium and Large 2423151.91/cwt148.00–155.006434
Steers—Medium and Large 1471163.20/cwt158.00–169.0076913
Steers—Medium and Large 2485153.00/cwt153.00–153.007421
Steers—Medium and Large 1523159.66/cwt155.00–167.008353
Steers—Medium and Large 2573144.03/cwt142.00–146.008256
Steers—Medium and Large 1624140.66/cwt138.00–143.0087816
Steers—Medium and Large 1660140.98/cwt138.00–144.009302
Steers—Medium and Large 1710133.49/cwt132.00–138.009486
Steers—Medium and Large 2734128.35/cwt123.00–130.009429
Steers—Medium and Large 2766124.03/cwt122.00–126.009502
Steers—Medium and Large 1900120.50/cwt118.00–123.001,0852
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 1335136.00/cwt136.00–136.004561
Heifers—Medium and Large 1376139.51/cwt136.00–142.005254
Heifers—Medium and Large 1424139.18/cwt137.00–142.0059018
Heifers—Medium and Large 2425129.00/cwt129.00–129.005481
Heifers—Medium and Large 1472137.28/cwt135.00–140.006483
Heifers—Medium and Large 1525135.11/cwt132.00–140.007097
Heifers—Medium and Large 1563130.62/cwt130.00–132.007355
Heifers—Medium and Large 2588126.77/cwt125.00–129.007454
Heifers—Medium and Large 1605132.00/cwt132.00–132.007991
Heifers—Medium and Large 2619122.48/cwt120.00–125.007584
Heifers—Medium and Large 2665121.24/cwt119.00–124.0080612
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 1445135.51/cwt134.00–136.006034
Bulls—Medium and Large 2495130.00/cwt130.00–130.006441
Bulls—Medium and Large 2526127.58/cwt125.00–132.0067111
Bulls—Medium and Large 3545124.00/cwt124.00–124.006761
Bulls—Medium and Large 3560123.50/cwt123.00–124.006922
Bulls—Medium and Large 2578126.96/cwt125.00–129.007342
Bulls—Medium and Large 1580141.00/cwt141.00–141.008181
Bulls—Medium and Large 1616122.44/cwt120.00–126.007547
Bulls—Medium and Large 1710124.00/cwt123.00–125.008802
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,13577.85/cwt74.50–80.008843
Bulls——1,81098.10/cwt94.50–101.001,7762
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%83352.60/cwt50.00–55.504383
Cows—Lean 85-90%1,03162.17/cwt59.00–66.506416
Cows—Boner 80-85%1,16580.22/cwt79.50–81.009352
Cows—Boner 80-85%1,18974.30/cwt69.50–77.008839
Cows—Breaker 75-80%1,46269.41/cwt69.00–70.001,0153
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2973802.57/cwt760.00–825.007,8093
Bred Cows—Medium and Large 21,120870.00/cwt870.00–870.009,7441
Bred Cows—Medium and Large 21,139872.00/cwt770.00–980.009,9324
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0651,200.00/cwt1,200.00–1,200.0012,7802
Cow-Calf Pairs—Medium 11,1151,070.00/cwt1,070.00–1,070.0011,9312
Cow-Calf Pairs—Medium and Large 21,1701,200.00/cwt1,200.00–1,200.0014,0402
Cow-Calf Pairs—Medium and Large 21,1851,170.00/cwt1,170.00–1,170.0013,8652
Cow-Calf Pairs—Medium and Large 21,3551,350.00/cwt1,350.00–1,350.0018,2932

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.