Sale reports / Mississippi / Meridian Livestock Auction / 2021-07-19

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 19
● Final53 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
213 head
▼ 65 vs last sale 278▲ 37 vs year ago 176 · +21.0%
Slaughter Cattle receipts
36 head
▼ 28 vs last sale 64▲ 3 vs year ago 33 · +9.1%
Replacement Cattle receipts
13 head
▼ 7 vs last sale 20▼ 24 vs year ago 37 · −64.9%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-7 higher 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 $134.98/cwt on 63 head.
Average price
$134.98
63 head · 536 lb average
Value per head Derived
$723
Price × average weight ÷ 100
Grade differential Derived
$109
per head · Medium and Large 1-2 over Medium and Large 2
$8.17/cwt at this weight
vs the market
+4.42
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2542140.0075913thin
Medium and Large 1540133.9272344
Medium and Large 2493131.836506thin
One grade step is worth $8.17/cwt here — about $109 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 sale63 hd
134.98
—
MS average13 barns · 1,365 hd
130.56
+4.42
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—Average1,76490.111,5894thin
CowsBoner 80-85%Average1,18366.747907thin
CowsBreaker 75-80%Average1,53862.999692thin
CowsLean 85-90%Very Low1,04256.1258517

Every lot

53 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 1275180.00/cwt180.00–180.004951
Steers—Medium and Large 1318183.09/cwt179.00–187.005822
Steers—Medium and Large 1360179.00/cwt179.00–179.006441
Steers—Medium and Large 2378165.25/cwt160.00–171.006252
Steers—Medium and Large 1421165.64/cwt162.00–170.006977
Steers—Medium and Large 2422153.97/cwt152.00–155.006503
Steers—Medium and Large 3460146.00/cwt146.00–146.006721
Steers—Medium and Large 2470154.84/cwt150.00–160.007282
Steers—Medium and Large 1471165.74/cwt161.00–169.0078112
Steers—Medium and Large 2535149.06/cwt145.00–152.007973
Steers—Medium and Large 1538163.03/cwt161.00–165.008772
Steers—Medium and Large 3540134.00/cwt134.00–134.007241
Steers—Medium and Large 1564158.83/cwt157.00–162.008966
Steers—Medium and Large 2570146.00/cwt146.00–146.008322
Steers—Medium and Large 3585132.00/cwt132.00–132.007721
Steers—Medium and Large 1-2610155.00/cwt155.00–155.009463
Steers—Medium and Large 2625134.00/cwt134.00–134.008381
Steers—Medium and Large 1680133.00/cwt133.00–133.009043
Steers—Medium and Large 1738130.99/cwt130.00–132.009672
Steers—Medium and Large 1771127.32/cwt126.00–128.009823
Steers—Medium and Large 2785122.00/cwt122.00–122.009581
Steers—Medium and Large 1860120.00/cwt120.00–120.001,0321
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1320142.76/cwt138.00–146.004575
Heifers—Medium and Large 1355147.00/cwt147.00–147.005221
Heifers—Medium and Large 2425136.00/cwt136.00–136.005781
Heifers—Medium and Large 1426143.15/cwt138.00–145.006106
Heifers—Medium and Large 1470138.76/cwt137.00–140.006524
Heifers—Medium and Large 2475135.49/cwt135.00–136.006442
Heifers—Medium and Large 2510129.50/cwt129.00–130.006602
Heifers—Medium and Large 1517135.41/cwt132.00–138.007009
Heifers—Medium and Large 1-2533140.00/cwt140.00–140.007468
Heifers—Medium and Large 1550135.00/cwt135.00–135.007432
Heifers—Medium and Large 1-2557140.00/cwt140.00–140.007805
Heifers—Medium and Large 2565125.00/cwt125.00–125.007061
Heifers—Medium and Large 1661126.54/cwt125.00–130.0083613
Heifers—Medium and Large 1738122.00/cwt122.00–122.009002
Heifers—Medium and Large 1765120.00/cwt120.00–120.009182
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1460148.04/cwt146.00–150.006812
Bulls—Medium and Large 2465138.00/cwt138.00–138.006421
Bulls—Medium and Large 1535154.00/cwt154.00–154.008241
Bulls—Medium and Large 2560125.00/cwt125.00–125.007001
Bulls—Medium and Large 1566142.75/cwt142.00–143.008084
Bulls—Medium and Large 1625115.00/cwt115.00–115.007191
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,66088.18/cwt87.50–89.001,4642
Bulls——1,86892.03/cwt91.50–92.501,7192
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%92445.93/cwt40.50–48.504244
Cows—Lean 85-90%99754.35/cwt51.00–57.505426
Cows—Lean 85-90%1,14963.47/cwt61.50–64.507297
Cows—Boner 80-85%1,18366.74/cwt65.00–68.007907
Cows—Breaker 75-80%1,53862.99/cwt62.00–64.009692
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 3780690.00/cwt690.00–690.005,3821
Bred Cows—Medium and Large 3895690.00/cwt690.00–690.006,1761
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,1001,000.00/cwt1,000.00–1,000.0011,0002

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.