Sale reports / Mississippi / Meridian Livestock Auction / 2021-07-12

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 12
● Final59 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
278 head
▼ 42 vs last sale 320▲ 49 vs year ago 229 · +21.4%
Slaughter Cattle receipts
64 head
▼ 40 vs last sale 104▲ 34 vs year ago 30 · +113.3%
Replacement Cattle receipts
20 head
▼ 241 vs last sale 261▼ 220 vs year ago 240 · −91.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady. 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 $144.53/cwt on 96 head.
Average price
$144.53
96 head · 629 lb average
Value per head Derived
$909
Price × average weight ÷ 100
Grade differential Derived
$133
per head · Medium and Large 1-2 over Medium and Large 2
$12.68/cwt at this weight
vs the market
−8.40
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2620153.009493thin
Medium and Large 1654145.3195069
Medium and Large 3471144.606815thin
Medium and Large 2582140.3281619thin
One grade step is worth $12.68/cwt here — about $133 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 sale96 hd
144.53
—
MS average7 barns · 679 hd
152.93
−8.40
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—Average1,57789.171,4066thin
CowsBoner 80-85%Average1,20470.5785013
CowsBreaker 75-80%Average1,38565.009001thin
CowsLean 85-90%Average1,03960.9063219

Every lot

59 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 · Steers24 lots · lightest first
Steers—Medium and Large 1215170.00/cwt170.00–170.003661
Steers—Medium and Large 3320150.00/cwt150.00–150.004801
Steers—Medium and Large 1382168.40/cwt166.00–171.006433
Steers—Medium and Large 2395159.00/cwt159.00–159.006281
Steers—Medium and Large 3395151.00/cwt151.00–151.005961
Steers—Medium and Large 2423152.35/cwt150.00–154.006443
Steers—Medium and Large 2455154.00/cwt154.00–154.007011
Steers—Medium and Large 1466158.19/cwt154.00–163.007374
Steers—Medium and Large 2500152.00/cwt152.00–152.007601
Steers—Medium and Large 1520161.00/cwt161.00–161.008371
Steers—Medium and Large 3530140.49/cwt140.00–141.007452
Steers—Medium and Large 1557158.42/cwt151.00–159.0088214
Steers—Medium and Large 3580141.00/cwt141.00–141.008181
Steers—Medium and Large 2590147.02/cwt145.00–149.008672
Steers—Medium and Large 2618130.79/cwt127.00–137.008085
Steers—Medium and Large 1-2620153.00/cwt153.00–153.009493
Steers—Medium and Large 1623143.04/cwt138.00–148.008914
Steers—Medium and Large 1681144.15/cwt139.00–145.0098223
Steers—Medium and Large 2681134.00/cwt130.00–136.009135
Steers—Medium and Large 1728136.02/cwt135.00–138.009903
Steers—Medium and Large 2755126.00/cwt126.00–126.009511
Steers—Medium and Large 1777133.59/cwt133.00–137.001,03810
Steers—Medium and Large 1810113.00/cwt113.00–113.009151
Steers—Medium and Large 1934119.00/cwt119.00–119.001,1115
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 1285155.00/cwt155.00–155.004421
Heifers—Medium and Large 1358144.50/cwt144.00–145.005172
Heifers—Medium and Large 2415134.00/cwt134.00–134.005561
Heifers—Medium and Large 1419140.35/cwt137.00–143.0058810
Heifers—Medium and Large 3430125.00/cwt125.00–125.005381
Heifers—Medium and Large 1475140.01/cwt136.00–143.006657
Heifers—Medium and Large 2481134.65/cwt130.00–136.006485
Heifers—Medium and Large 1559134.73/cwt130.00–136.0075315
Heifers—Medium and Large 2570124.97/cwt122.00–128.007122
Heifers—Medium and Large 2620114.00/cwt114.00–114.007071
Heifers—Medium and Large 1630128.00/cwt128.00–128.008061
Heifers—Medium and Large 2662111.97/cwt109.00–114.007413
Heifers—Medium and Large 1702121.00/cwt119.00–122.008493
Heifers—Medium and Large 1774120.00/cwt120.00–120.009296
Heifers—Medium and Large 1800112.00/cwt112.00–112.008962
Heifers—Medium and Large 1925107.00/cwt107.00–107.009901
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1435140.51/cwt140.00–141.006112
Bulls—Medium and Large 1468140.95/cwt139.00–143.006602
Bulls—Medium and Large 2470125.04/cwt124.00–126.005882
Bulls—Medium and Large 1518133.07/cwt130.00–136.006892
Bulls—Medium and Large 2531121.53/cwt120.00–125.006454
Bulls—Medium and Large 2574119.60/cwt115.00–124.006875
Bulls—Medium and Large 1605124.00/cwt124.00–124.007501
Bulls—Medium and Large 1735120.00/cwt120.00–120.008821
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,38084.57/cwt84.00–85.001,1673
Bulls——1,77393.76/cwt92.50–96.001,6623
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%78545.00/cwt45.00–45.003531
Cows—Lean 85-90%1,04858.21/cwt56.00–59.006104
Cows—Lean 85-90%1,05462.80/cwt60.00–65.5066214
Cows—Boner 80-85%1,20470.57/cwt67.00–74.0085013
Cows—Breaker 75-80%1,38565.00/cwt65.00–65.009001
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,2001,030.00/cwt1,030.00–1,030.0012,3602
Cow-Calf Pairs—Medium and Large 21,5201,300.00/cwt1,300.00–1,300.0019,7602
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 3920627.31/cwt600.00–650.005,7712
Bred Cows—Medium and Large 21,015760.00/cwt760.00–760.007,7141

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.