Sale reports / Mississippi / Meridian Livestock Auction / 2021-08-16

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 16
● Final59 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
425 head
▲ 108 vs last sale 317▲ 102 vs year ago 323 · +31.6%
Slaughter Cattle receipts
82 head
▲ 22 vs last sale 60▲ 46 vs year ago 36 · +127.8%
Replacement Cattle receipts
24 head
▼ 228 vs last sale 252▼ 20 vs year ago 44 · −45.5%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 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 $148.36/cwt on 119 head.
Average price
$148.36
119 head · 542 lb average
Value per head Derived
$804
Price × average weight ÷ 100
Grade differential Derived
−$331
per head · Medium and Large 3 over Medium and Large 1-2
$8.56/cwt at this weight
vs the market
+0.16
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3390151.005891thin
Medium and Large 1521150.9878773
Medium and Large 2535145.1077727
Medium and Large 1-2646142.4492018thin
One grade step is worth $8.56/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 sale119 hd
148.36
—
MS average13 barns · 1,222 hd
148.20
+0.16
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—Average1,72191.971,5829thin
CowsBoner 80-85%Average1,20370.6385015
CowsBreaker 75-80%Average1,48064.969615thin
CowsLean 85-90%Low1,01156.9357619

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 · Steers19 lots · lightest first
Steers—Medium and Large 1275182.00/cwt182.00–182.005011
Steers—Medium and Large 1319181.03/cwt178.00–184.005776
Steers—Medium and Large 2379166.82/cwt161.00–172.006326
Steers—Medium and Large 3390151.00/cwt151.00–151.005891
Steers—Medium and Large 1-2412165.00/cwt165.00–165.006804
Steers—Medium and Large 1419161.98/cwt158.00–171.006797
Steers—Medium and Large 2425153.96/cwt152.00–155.006543
Steers—Medium and Large 2460150.00/cwt150.00–150.006901
Steers—Medium and Large 1470158.96/cwt156.00–162.0074711
Steers—Medium and Large 1515153.17/cwt150.00–155.007895
Steers—Medium and Large 2533140.61/cwt136.00–145.007492
Steers—Medium and Large 1565145.28/cwt145.00–149.0082125
Steers—Medium and Large 2573142.13/cwt137.00–146.008146
Steers—Medium and Large 1612137.37/cwt135.00–140.0084117
Steers—Medium and Large 2622130.41/cwt128.00–133.008115
Steers—Medium and Large 1660138.00/cwt138.00–138.009111
Steers—Medium and Large 2678130.97/cwt130.00–133.008883
Steers—Medium and Large 1-2713136.00/cwt136.00–136.0097014
Steers—Medium and Large 2795126.00/cwt126.00–126.001,0021
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1320144.00/cwt144.00–144.004612
Heifers—Medium and Large 1392142.06/cwt139.00–144.0055712
Heifers—Medium and Large 2432132.98/cwt132.00–134.005743
Heifers—Medium and Large 1436140.81/cwt140.00–141.006145
Heifers—Medium and Large 1468138.00/cwt138.00–138.006467
Heifers—Medium and Large 2474131.73/cwt127.00–135.006247
Heifers—Medium and Large 1520132.89/cwt128.00–138.0069124
Heifers—Medium and Large 2525127.67/cwt127.00–128.006703
Heifers—Medium and Large 1561130.28/cwt129.00–132.007314
Heifers—Medium and Large 3565112.00/cwt112.00–112.006331
Heifers—Medium and Large 2580123.16/cwt119.00–127.007145
Heifers—Medium and Large 1623129.23/cwt127.00–130.0080518
Heifers—Medium and Large 2623116.93/cwt112.00–121.007283
Heifers—Medium and Large 2685113.47/cwt109.00–118.007772
Heifers—Medium and Large 1818105.71/cwt102.00–110.008654
Heifers—Medium and Large 1865107.99/cwt106.00–110.009342
Heifers—Medium and Large 1958104.67/cwt102.00–106.001,0033
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1425135.00/cwt135.00–135.005741
Bulls—Medium and Large 1480139.42/cwt137.00–142.006692
Bulls—Medium and Large 1520131.05/cwt126.00–136.006813
Bulls—Medium and Large 2545118.00/cwt118.00–118.006431
Bulls—Medium and Large 1574126.18/cwt123.00–130.007245
Bulls—Medium and Large 2583120.51/cwt120.00–121.007032
Bulls—Medium and Large 1605124.50/cwt124.00–125.007532
Bulls—Medium and Large 2623116.81/cwt113.00–119.007286
Bulls—Medium and Large 2650116.50/cwt115.00–118.007572
Bulls—Medium and Large 1680120.51/cwt120.00–121.008192
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,61085.69/cwt82.00–87.501,3803
Bulls——1,77695.11/cwt92.50–98.001,6896
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%91743.59/cwt39.50–47.004003
Cows—Lean 85-90%96851.87/cwt47.50–57.505026
Cows—Lean 85-90%1,06563.97/cwt60.00–66.5068110
Cows—Boner 80-85%1,20370.63/cwt68.00–74.0085015
Cows—Breaker 75-80%1,48064.96/cwt63.00–67.009615
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 21,055830.00/cwt830.00–830.008,7571
Bred Cows—Medium and Large 21,125800.00/cwt800.00–800.009,0001
Bred Cows—Medium and Large 21,235950.00/cwt950.00–950.0011,7331
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,2601,200.00/cwt1,200.00–1,200.0015,1202
Cow-Calf Pairs—Medium and Large 11,4051,625.00/cwt1,625.00–1,625.0022,8312
Cow-Calf Pairs—Medium and Large 11,6251,375.00/cwt1,375.00–1,375.0022,3442

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.