Sale reports / Mississippi / Meridian Livestock Auction / 2021-06-28

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 28
● Final61 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
320 head
▼ 83 vs last sale 403▲ 320 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
104 head
▲ 35 vs last sale 69▲ 104 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
261 head
▲ 195 vs last sale 66▲ 261 vs year ago 0 · no sale a year ago
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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.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $135.21/cwt on 141 head.
Average price
$135.21
141 head · 637 lb average
Value per head Derived
$861
Price × average weight ÷ 100
Grade differential Derived
$331
per head · Medium and Large 1-2 over Medium and Large 2
$14.02/cwt at this weight
vs the market
+3.12
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2704138.0097270
Medium and Large 1577133.5377063
Medium and Large 2516123.986408thin
One grade step is worth $14.02/cwt here — about $331 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 sale141 hd
135.21
—
MS average13 barns · 1,206 hd
132.08
+3.12
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—Average1,96299.411,9504thin
CowsBoner 80-85%Average1,21973.7889916
CowsBreaker 75-80%Average1,52362.379504thin
CowsLean 85-90%Very Low1,02059.0460222

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 · Steers15 lots · lightest first
Steers—Medium and Large 2303160.98/cwt159.00–165.004883
Steers—Medium and Large 1318180.04/cwt179.00–181.005732
Steers—Medium and Large 3330150.00/cwt150.00–150.004951
Steers—Medium and Large 3388148.04/cwt146.00–150.005742
Steers—Medium and Large 1429162.50/cwt158.00–167.006974
Steers—Medium and Large 2460150.00/cwt150.00–150.006901
Steers—Medium and Large 1468158.95/cwt155.00–162.007446
Steers—Medium and Large 1523148.69/cwt147.00–150.007783
Steers—Medium and Large 2535138.00/cwt138.00–138.007381
Steers—Medium and Large 1580149.00/cwt149.00–149.008647
Steers—Medium and Large 2585131.00/cwt131.00–131.007661
Steers—Medium and Large 2615120.00/cwt120.00–120.007381
Steers—Medium and Large 2673125.03/cwt122.00–128.008412
Steers—Medium and Large 1684134.56/cwt130.00–135.0092018
Steers—Medium and Large 1770125.00/cwt125.00–125.009631
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 1340141.00/cwt141.00–141.004791
Heifers—Medium and Large 1389140.75/cwt135.00–144.005484
Heifers—Medium and Large 2409128.21/cwt125.00–133.005244
Heifers—Medium and Large 1433140.77/cwt138.00–144.006104
Heifers—Medium and Large 1455145.00/cwt145.00–145.006601
Heifers—Medium and Large 1520140.02/cwt134.00–143.007284
Heifers—Medium and Large 2535125.00/cwt125.00–125.006691
Heifers—Medium and Large 1562135.85/cwt134.00–139.0076327
Heifers—Medium and Large 2590119.50/cwt119.00–120.007052
Heifers—Medium and Large 1682126.00/cwt126.00–126.0085922
Heifers—Medium and Large 1-2704138.00/cwt138.00–138.0097270
Heifers—Medium and Large 2780115.00/cwt115.00–115.008971
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1415144.50/cwt144.00–145.006002
Bulls—Medium and Large 2476127.45/cwt120.00–130.006074
Bulls—Medium and Large 2538114.67/cwt112.00–117.006173
Bulls—Medium and Large 1540121.51/cwt120.00–123.006562
Bulls—Medium and Large 1585120.00/cwt120.00–120.007021
Bulls—Medium and Large 1618118.71/cwt115.00–121.007347
Bulls—Medium and Large 1670115.00/cwt115.00–115.007711
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,33095.00/cwt95.00–95.001,2641
Bulls——2,172100.88/cwt98.00–103.002,1913
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%82541.40/cwt39.00–45.003423
Cows—Lean 85-90%1,04655.96/cwt51.50–58.505857
Cows—Lean 85-90%1,05365.25/cwt62.00–68.0068712
Cows—Boner 80-85%1,21973.78/cwt70.50–77.0089916
Cows—Breaker 75-80%1,52362.37/cwt58.00–65.009504
Replacement Cattle · Cow-Calf Pairs11 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0551,360.00/cwt1,360.00–1,360.0014,3482
Cow-Calf Pairs—Medium and Large 21,0601,100.00/cwt1,100.00–1,100.0011,6602
Cow-Calf Pairs—Medium and Large 21,1901,450.00/cwt1,450.00–1,450.0017,2552
Cow-Calf Pairs—Medium and Large 11,3501,600.00/cwt1,600.00–1,600.0021,6002
Cow-Calf Pairs—Medium and Large 21,3851,590.00/cwt1,590.00–1,590.0022,0222
Cow-Calf Pairs—Medium and Large 21,4071,313.50/cwt1,200.00–1,460.0018,48118
Cow-Calf Pairs—Medium and Large 21,4271,405.67/cwt1,230.00–1,520.0020,0596
Cow-Calf Pairs—Medium and Large 21,4451,406.76/cwt1,390.00–1,420.0020,3284
Cow-Calf Pairs—Medium and Large 21,5101,735.46/cwt1,700.00–1,770.0026,2054
Cow-Calf Pairs—Medium and Large 21,5251,673.55/cwt1,580.00–1,740.0025,52210
Cow-Calf Pairs—Medium and Large 1-21,5851,500.00/cwt1,500.00–1,500.0023,7752
Replacement Cattle · Bred Cows9 lots · lightest first
Bred Cows—Medium and Large 21,102978.53/cwt910.00–1,020.0010,7833
Bred Cows—Medium and Large 21,131919.67/cwt740.00–1,030.0010,4019
Bred Cows—Medium and Large 21,133987.84/cwt850.00–1,110.0011,1923
Bred Cows—Medium and Large 21,1481,066.46/cwt1,050.00–1,090.0012,2433
Bred Cows—Medium and Large 21,1951,150.00/cwt1,150.00–1,150.0013,7431
Bred Cows—Medium and Large 21,2181,000.78/cwt880.00–1,100.0012,1905
Bred Cows—Medium and Large 11,2451,475.00/cwt1,475.00–1,475.0018,3641
Bred Cows—Medium and Large 21,2501,097.57/cwt1,010.00–1,200.0013,7204
Bred Cows—Medium and Large 11,2751,300.00/cwt1,300.00–1,300.0016,5752

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.