Sale reports / Mississippi / Meridian Livestock Auction / 2021-08-02

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 2
● Final68 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
249 head
▼ 195 vs last sale 444▼ 39 vs year ago 288 · −13.5%
Slaughter Cattle receipts
83 head
▲ 52 vs last sale 31▲ 41 vs year ago 42 · +97.6%
Replacement Cattle receipts
53 head
▲ 43 vs last sale 10▲ 25 vs year ago 28 · +89.3%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-6 higher. Slaughter cows and bulls were steady.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $159.52/cwt on 78 head.
Average price
$159.52
78 head · 527 lb average
Value per head Derived
$841
Price × average weight ÷ 100
Grade differential Derived
$304
per head · Medium and Large 1 over Medium and Large 3
$4.04/cwt at this weight
vs the market
+7.37
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1555160.0588960
Medium and Large 2457158.4472513thin
Medium and Large 3375156.005855thin
One grade step is worth $4.04/cwt here — about $304 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 sale78 hd
159.52
—
MS average12 barns · 1,538 hd
152.15
+7.37
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—Low1,66088.291,4666thin
CowsBoner 80-85%Average1,17769.7782119
CowsBreaker 75-80%Average1,36168.489324thin
CowsLean 85-90%Low97659.7258321

Every lot

68 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 1205180.00/cwt180.00–180.003691
Steers—Medium and Large 2260173.00/cwt173.00–173.004501
Steers—Medium and Large 1265186.98/cwt186.00–188.004952
Steers—Medium and Large 1323188.43/cwt183.00–191.006095
Steers—Medium and Large 2340175.50/cwt172.00–179.005972
Steers—Medium and Large 3340160.00/cwt160.00–160.005441
Steers—Medium and Large 1359186.55/cwt183.00–193.006707
Steers—Medium and Large 3365156.67/cwt153.00–160.005723
Steers—Medium and Large 2419157.46/cwt155.00–159.006604
Steers—Medium and Large 1425176.65/cwt176.00–178.007513
Steers—Medium and Large 3440150.00/cwt150.00–150.006601
Steers—Medium and Large 2477159.30/cwt155.00–163.007603
Steers—Medium and Large 1485169.72/cwt164.00–171.008238
Steers—Medium and Large 1513162.61/cwt159.00–164.008349
Steers—Medium and Large 1567153.98/cwt153.00–156.008733
Steers—Medium and Large 2590150.00/cwt150.00–150.008851
Steers—Medium and Large 1618151.41/cwt147.00–154.009364
Steers—Medium and Large 1650145.00/cwt145.00–145.009432
Steers—Medium and Large 2655138.99/cwt138.00–140.009102
Steers—Medium and Large 1710139.22/cwt137.00–142.009889
Steers—Medium and Large 1768134.50/cwt134.00–135.001,0332
Steers—Medium and Large 11,056114.00/cwt114.00–114.001,2045
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1230151.00/cwt151.00–151.003471
Heifers—Medium and Large 1270150.15/cwt145.00–155.004053
Heifers—Medium and Large 1307148.28/cwt142.00–157.004553
Heifers—Medium and Large 2330145.00/cwt145.00–145.004791
Heifers—Medium and Large 1372151.90/cwt149.00–154.005655
Heifers—Medium and Large 2385141.00/cwt141.00–141.005431
Heifers—Medium and Large 3390134.44/cwt130.00–139.005242
Heifers—Medium and Large 3410125.00/cwt125.00–125.005131
Heifers—Medium and Large 1416142.24/cwt137.00–147.005927
Heifers—Medium and Large 2438131.51/cwt131.00–132.005762
Heifers—Medium and Large 1469143.98/cwt138.00–147.0067515
Heifers—Medium and Large 2483135.22/cwt133.00–137.006535
Heifers—Medium and Large 2520128.00/cwt128.00–128.006661
Heifers—Medium and Large 1526133.19/cwt130.00–137.007015
Heifers—Medium and Large 2565126.47/cwt125.00–128.007152
Heifers—Medium and Large 1566131.01/cwt130.00–132.007424
Heifers—Medium and Large 1621131.19/cwt130.00–132.008155
Heifers—Medium and Large 2645120.00/cwt120.00–120.007741
Heifers—Medium and Large 1703128.67/cwt126.00–130.009053
Heifers—Medium and Large 2760121.00/cwt121.00–121.009201
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1435153.52/cwt145.00–160.006683
Bulls—Medium and Large 1481153.57/cwt150.00–158.007394
Bulls—Medium and Large 2490138.00/cwt138.00–138.006761
Bulls—Medium and Large 2525125.39/cwt120.00–131.006585
Bulls—Medium and Large 1528146.29/cwt135.00–150.007727
Bulls—Medium and Large 3545115.00/cwt115.00–115.006271
Bulls—Medium and Large 3550115.00/cwt115.00–115.006331
Bulls—Medium and Large 2565124.68/cwt122.00–128.007043
Bulls—Medium and Large 1623117.93/cwt112.00–124.007352
Bulls—Medium and Large 1670118.00/cwt118.00–118.007911
Bulls—Medium and Large 1720117.26/cwt113.00–121.008443
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,29376.62/cwt72.50–79.509912
Bulls——1,84494.13/cwt90.00–98.501,7364
Slaughter Cattle · Cows9 lots · lightest first
Cows—Lean 85-90%Light Weight80050.70/cwt50.00–52.004063
Cows—Lean 85-90%Light Weight81563.00/cwt63.00–63.005131
Cows—Lean 85-90%90356.34/cwt53.00–59.505094
Cows—Lean 85-90%94348.00/cwt47.50–48.504532
Cows—Lean 85-90%1,07265.25/cwt61.50–68.5069911
Cows—Boner 80-85%1,17565.00/cwt65.00–65.007641
Cows—Boner 80-85%1,17770.04/cwt64.00–72.5082418
Cows—Breaker 75-80%1,34871.30/cwt68.00–73.009613
Cows—Breaker 75-80%1,40060.00/cwt60.00–60.008401
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 21,015854.73/cwt820.00–890.008,6763
Bred Cows—Medium and Large 21,053774.58/cwt750.00–800.008,1562
Bred Cows—Medium and Large 11,221991.63/cwt920.00–1,100.0012,1084
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,5251,713.53/cwt1,500.00–1,900.0026,13122

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.