Sale reports / Mississippi / Meridian Livestock Auction / 2021-06-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 21
● Final61 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
403 head
▲ 109 vs last sale 294▲ 110 vs year ago 293 · +37.5%
Slaughter Cattle receipts
69 head
▲ 25 vs last sale 44▲ 32 vs year ago 37 · +86.5%
Replacement Cattle receipts
66 head
▲ 16 vs last sale 50▲ 11 vs year ago 55 · +20.0%
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Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $146.40/cwt on 156 head.
Average price
$146.40
156 head · 619 lb average
Value per head Derived
$906
Price × average weight ÷ 100
Grade differential Derived
−$470
per head · Medium and Large 2 over Medium and Large 1-2
$18.03/cwt at this weight
vs the market
+0.43
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2359159.975749thin
Medium and Large 3370153.015662thin
Medium and Large 1595147.01875101
Medium and Large 1-2736141.941,04544
One grade step is worth $18.03/cwt here — about −$470 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 sale156 hd
146.40
—
MS average13 barns · 963 hd
145.98
+0.43
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—Average1,64796.671,5924thin
CowsBoner 80-85%High1,22176.4993422
CowsBreaker 75-80%Average1,64370.201,1532thin
CowsLean 85-90%Average98962.5161818

Every lot

61 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 2309163.76/cwt160.00–167.005065
Steers—Medium and Large 1320172.00/cwt172.00–172.005501
Steers—Medium and Large 2365162.52/cwt162.00–163.005932
Steers—Medium and Large 3370153.01/cwt152.00–154.005662
Steers—Medium and Large 1375180.00/cwt180.00–180.006751
Steers—Medium and Large 1432161.18/cwt159.00–164.006965
Steers—Medium and Large 1470158.56/cwt153.00–160.007456
Steers—Medium and Large 2478147.95/cwt146.00–150.007072
Steers—Medium and Large 1531150.57/cwt147.00–154.0080031
Steers—Medium and Large 1573149.88/cwt145.00–152.0085924
Steers—Medium and Large 1605142.20/cwt139.00–145.008605
Steers—Medium and Large 1673140.66/cwt135.00–143.0094715
Steers—Medium and Large 1-2681147.00/cwt147.00–147.001,00120
Steers—Medium and Large 1713140.77/cwt140.00–143.001,0044
Steers—Medium and Large 1-2782137.72/cwt135.00–139.001,07724
Steers—Medium and Large 1895138.00/cwt138.00–138.001,2351
Steers—Medium and Large 1923119.00/cwt119.00–119.001,0988
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1270143.00/cwt143.00–143.003861
Heifers—Medium and Large 1330142.00/cwt142.00–142.004691
Heifers—Medium and Large 1368139.53/cwt138.00–141.005132
Heifers—Medium and Large 2375131.42/cwt129.00–135.004933
Heifers—Medium and Large 1434139.94/cwt135.00–144.0060713
Heifers—Medium and Large 2440134.00/cwt134.00–134.005901
Heifers—Medium and Large 1465136.52/cwt136.00–137.006352
Heifers—Medium and Large 2488130.34/cwt129.00–132.006363
Heifers—Medium and Large 1517136.11/cwt131.00–138.007046
Heifers—Medium and Large 1-2521140.00/cwt140.00–140.0072912
Heifers—Medium and Large 2532129.01/cwt128.00–130.006863
Heifers—Medium and Large 1-2550141.00/cwt141.00–141.0077614
Heifers—Medium and Large 1570134.60/cwt132.00–137.007675
Heifers—Medium and Large 2573123.99/cwt120.00–128.007103
Heifers—Medium and Large 1630126.00/cwt126.00–126.007941
Heifers—Medium and Large 1667125.33/cwt125.00–127.008366
Heifers—Medium and Large 2670116.09/cwt112.00–120.007782
Heifers—Medium and Large 2735118.49/cwt118.00–119.008712
Heifers—Medium and Large 1739124.00/cwt124.00–124.009165
Heifers—Medium and Large 1800115.00/cwt115.00–115.009202
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1468131.67/cwt130.00–135.006163
Bulls—Medium and Large 1567126.04/cwt125.00–128.007153
Bulls—Medium and Large 2575122.46/cwt121.00–124.007042
Bulls—Medium and Large 2630112.00/cwt112.00–112.007061
Bulls—Medium and Large 1635122.00/cwt122.00–122.007751
Bulls—Medium and Large 1650126.00/cwt126.00–126.008191
Bulls—Medium and Large 2690115.00/cwt115.00–115.007941
Bulls—Medium and Large 2758110.49/cwt106.00–114.008384
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,47391.81/cwt91.00–92.501,3522
Bulls——1,820101.53/cwt100.00–103.001,8482
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%89456.88/cwt52.50–60.005096
Cows—Lean 85-90%1,03665.33/cwt61.00–69.5067712
Cows—Boner 80-85%1,20075.06/cwt70.00–77.5090115
Cows—Boner 80-85%1,26779.54/cwt78.00–81.501,0087
Cows—Breaker 75-80%1,64370.20/cwt67.50–73.001,1532
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,2701,290.00/cwt1,290.00–1,290.0016,3832
Cow-Calf Pairs—Medium and Large 21,3451,320.00/cwt1,320.00–1,320.0017,7542
Cow-Calf Pairs—Medium and Large 21,3601,585.00/cwt1,585.00–1,585.0021,5562
Cow-Calf Pairs—Medium and Large 21,3901,450.00/cwt1,450.00–1,450.0020,1552
Cow-Calf Pairs—Medium and Large 21,4001,385.00/cwt1,385.00–1,385.0019,3902
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2960840.00/cwt840.00–840.008,0641
Bred Cows—Medium and Large 21,110835.93/cwt750.00–885.009,2793
Bred Cows—Medium and Large 21,180958.47/cwt900.00–1,000.0011,3102
Bred Cows—Medium and Large 21,2501,085.00/cwt1,085.00–1,085.0013,5631

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.