Sale reports / Mississippi / Meridian Livestock Auction / 2021-08-09

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 9
● Final62 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
317 head
▲ 68 vs last sale 249▼ 23 vs year ago 340 · −6.8%
Slaughter Cattle receipts
60 head
▼ 23 vs last sale 83▲ 29 vs year ago 31 · +93.5%
Replacement Cattle receipts
252 head
▲ 199 vs last sale 53▲ 195 vs year ago 57 · +342.1%
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Reporter comment USDA

As filed

Good day as compared to last market feeder calves were steady. Slaughter cows and bulls 2-3 higher. Had some really nice cross bred cows from a complete herd sell out, brought really good.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $147.68/cwt on 77 head.
Average price
$147.68
77 head · 552 lb average
Value per head Derived
$816
Price × average weight ÷ 100
Grade differential Derived
−$90
per head · Medium and Large 2 over Medium and Large 3
$39.52/cwt at this weight
vs the market
−3.30
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2437154.5267515thin
Medium and Large 1579146.5484861
Medium and Large 3665115.007651thin
One grade step is worth $39.52/cwt here — about −$90 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 sale77 hd
147.68
—
MS average13 barns · 1,298 hd
150.98
−3.30
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—Average1,59491.911,4658thin
CowsBoner 80-85%Average1,19171.2384813
CowsBreaker 75-80%Average1,41064.989163thin
CowsLean 85-90%Average1,01957.3358422

Every lot

62 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 · Steers18 lots · lightest first
Steers—Medium and Large 2258170.00/cwt170.00–170.004392
Steers—Medium and Large 1315176.17/cwt171.00–180.005553
Steers—Medium and Large 2335169.00/cwt169.00–169.005661
Steers—Medium and Large 1365176.00/cwt176.00–176.006421
Steers—Medium and Large 2373164.68/cwt160.00–169.006144
Steers—Medium and Large 1423157.78/cwt154.00–162.006676
Steers—Medium and Large 1476157.66/cwt152.00–161.0075010
Steers—Medium and Large 2478148.51/cwt147.00–150.007102
Steers—Medium and Large 2530142.04/cwt136.00–145.007534
Steers—Medium and Large 1538154.83/cwt154.00–156.0083312
Steers—Medium and Large 1560152.97/cwt150.00–156.008572
Steers—Medium and Large 2565142.48/cwt140.00–145.008052
Steers—Medium and Large 1621134.89/cwt133.00–139.008389
Steers—Medium and Large 3665115.00/cwt115.00–115.007651
Steers—Medium and Large 1693130.00/cwt130.00–130.009016
Steers—Medium and Large 1714131.85/cwt131.00–136.009416
Steers—Medium and Large 1795128.00/cwt128.00–128.001,0181
Steers—Medium and Large 1860126.79/cwt122.00–128.001,0905
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 2315132.00/cwt132.00–132.004161
Heifers—Medium and Large 1318143.71/cwt138.00–147.004576
Heifers—Medium and Large 3335125.00/cwt125.00–125.004191
Heifers—Medium and Large 1371141.01/cwt138.00–143.005235
Heifers—Medium and Large 2380139.00/cwt139.00–139.005281
Heifers—Medium and Large 1-2423146.00/cwt146.00–146.006183
Heifers—Medium and Large 1428139.73/cwt136.00–142.005987
Heifers—Medium and Large 2430134.41/cwt133.00–135.005785
Heifers—Medium and Large 2478132.69/cwt130.00–134.006346
Heifers—Medium and Large 1483136.00/cwt136.00–136.006573
Heifers—Medium and Large 1519129.82/cwt127.00–133.006745
Heifers—Medium and Large 2522123.95/cwt120.00–126.006473
Heifers—Medium and Large 1570128.00/cwt128.00–128.007308
Heifers—Medium and Large 2577123.12/cwt118.00–126.007107
Heifers—Medium and Large 1616126.18/cwt121.00–128.007774
Heifers—Medium and Large 1661121.75/cwt120.00–124.008054
Heifers—Medium and Large 3725107.00/cwt107.00–107.007761
Heifers—Medium and Large 2740115.00/cwt115.00–115.008511
Heifers—Medium and Large 1850110.00/cwt110.00–110.009351
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 1428143.46/cwt142.00–145.006142
Bulls—Medium and Large 2433130.97/cwt130.00–132.005672
Bulls—Medium and Large 1480148.00/cwt148.00–148.007101
Bulls—Medium and Large 2480133.44/cwt128.00–138.006414
Bulls—Medium and Large 2523125.11/cwt119.00–130.006546
Bulls—Medium and Large 3540112.00/cwt112.00–112.006051
Bulls—Medium and Large 2558123.49/cwt122.00–125.006892
Bulls—Medium and Large 3585120.00/cwt120.00–120.007022
Bulls—Medium and Large 1618118.49/cwt115.00–121.007324
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,41387.17/cwt86.50–87.501,2323
Bulls——1,70294.75/cwt92.50–97.501,6135
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%87545.09/cwt40.00–48.003955
Cows—Lean 85-90%97055.99/cwt52.50–59.505435
Cows—Lean 85-90%1,09962.99/cwt52.50–66.5069212
Cows—Boner 80-85%1,19171.23/cwt68.50–74.5084813
Cows—Breaker 75-80%1,41064.98/cwt63.00–66.509163
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 19701,407.04/cwt1,150.00–1,500.0013,64812
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,1481,408.85/cwt1,200.00–1,525.0016,1743
Bred Cows—Medium and Large 11,2391,298.76/cwt960.00–1,775.0016,09210
Replacement Cattle · Cow-Calf Pairs6 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1801,435.00/cwt1,435.00–1,435.0016,9332
Cow-Calf Pairs—Medium and Large 11,2711,489.63/cwt1,440.00–1,530.0018,9338
Cow-Calf Pairs—Medium and Large 11,3501,672.50/cwt1,600.00–1,750.0022,5794
Cow-Calf Pairs—Medium and Large 11,4551,925.00/cwt1,925.00–1,925.0028,0092
Cow-Calf Pairs—Medium and Large 11,5702,084.72/cwt1,880.00–2,510.0032,73020
Cow-Calf Pairs—Medium and Large 11,6282,229.80/cwt1,800.00–2,600.0036,30114

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.