Sale reports / Mississippi / Meridian Livestock Auction / 2021-08-23

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 23
● Final60 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
423 head
▼ 2 vs last sale 425▲ 90 vs year ago 333 · +27.0%
Slaughter Cattle receipts
42 head
▼ 40 vs last sale 82▲ 10 vs year ago 32 · +31.3%
Replacement Cattle receipts
12 head
▼ 12 vs last sale 24▼ 6 vs year ago 18 · −33.3%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, weaned calves 3-7 higher. Slaughter cows and bulls were steady. Sold load of weaned black hided steers average weight 725 lbs. @ $ 1.56 per lb.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $150.59/cwt on 192 head.
Average price
$150.59
192 head · 675 lb average
Value per head Derived
$1,016
Price × average weight ÷ 100
Grade differential Derived
$340
per head · Medium and Large 1-2 over Medium and Large 3
$28.50/cwt at this weight
vs the market
+0.62
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2703156.861,10288
Medium and Large 2508150.4076515thin
Medium and Large 1681145.5799283
Medium and Large 3594128.367626thin
One grade step is worth $28.50/cwt here — about $340 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 sale192 hd
150.59
—
MS average12 barns · 1,344 hd
149.97
+0.62
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—Average1,36988.511,2113thin
CowsBoner 80-85%Average1,13170.467979thin
CowsBreaker 75-80%Average1,35062.338412thin
CowsLean 85-90%Average98457.7156818

Every lot

60 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 · Steers23 lots · lightest first
Steers—Medium and Large 1325189.00/cwt189.00–189.006141
Steers—Medium and Large 1358189.50/cwt189.00–190.006782
Steers—Medium and Large 2380170.97/cwt165.00–177.006503
Steers—Medium and Large 1433164.54/cwt163.00–166.007122
Steers—Medium and Large 2435150.00/cwt150.00–150.006531
Steers—Medium and Large 3445144.00/cwt144.00–144.006411
Steers—Medium and Large 1463171.48/cwt170.00–173.007942
Steers—Medium and Large 2481150.25/cwt150.00–151.007234
Steers—Medium and Large 1524156.08/cwt155.00–164.008188
Steers—Medium and Large 3545123.00/cwt123.00–123.006701
Steers—Medium and Large 2555144.75/cwt143.00–148.008034
Steers—Medium and Large 1565153.32/cwt150.00–157.008663
Steers—Medium and Large 2618141.01/cwt139.00–143.008712
Steers—Medium and Large 3618122.55/cwt118.00–127.007572
Steers—Medium and Large 1619155.85/cwt149.00–157.009657
Steers—Medium and Large 1-2622160.00/cwt160.00–160.0099519
Steers—Medium and Large 1666155.00/cwt155.00–155.001,03210
Steers—Medium and Large 3668129.03/cwt128.00–130.008622
Steers—Medium and Large 2670131.00/cwt131.00–131.008781
Steers—Medium and Large 1709134.44/cwt130.00–135.0095316
Steers—Medium and Large 1-2725156.00/cwt156.00–156.001,13169
Steers—Medium and Large 1774139.70/cwt139.00–140.001,08120
Steers—Medium and Large 1835129.00/cwt129.00–129.001,07712
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 2345135.00/cwt135.00–135.004661
Heifers—Medium and Large 1370137.00/cwt137.00–137.005071
Heifers—Medium and Large 2423136.00/cwt135.00–137.005753
Heifers—Medium and Large 3428125.00/cwt125.00–125.005352
Heifers—Medium and Large 1430142.00/cwt142.00–142.006111
Heifers—Medium and Large 1468139.58/cwt138.00–142.006535
Heifers—Medium and Large 2480133.80/cwt133.00–136.006425
Heifers—Medium and Large 3480126.00/cwt126.00–126.006051
Heifers—Medium and Large 2513129.75/cwt129.00–130.006664
Heifers—Medium and Large 1524141.00/cwt141.00–141.007399
Heifers—Medium and Large 3530121.00/cwt121.00–121.006411
Heifers—Medium and Large 2558130.50/cwt130.00–131.007282
Heifers—Medium and Large 1563138.93/cwt137.00–139.0078259
Heifers—Medium and Large 1629127.41/cwt126.00–130.008015
Heifers—Medium and Large 1653126.34/cwt126.00–130.0082518
Heifers—Medium and Large 1-2720136.88/cwt135.00–138.0098626
Heifers—Medium and Large 1915113.00/cwt113.00–113.001,0341
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 1400140.00/cwt140.00–140.005601
Bulls—Medium and Large 2450128.00/cwt128.00–128.005761
Bulls—Medium and Large 1465142.02/cwt138.00–145.006603
Bulls—Medium and Large 1522138.65/cwt136.00–140.007243
Bulls—Medium and Large 1563138.56/cwt134.00–143.007802
Bulls—Medium and Large 2570126.33/cwt125.00–128.007203
Bulls—Medium and Large 1610126.00/cwt126.00–126.007691
Bulls—Medium and Large 2660117.00/cwt117.00–117.007721
Bulls—Medium and Large 1760117.00/cwt117.00–117.008891
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,26885.27/cwt85.00–85.501,0812
Bulls——1,57095.00/cwt95.00–95.001,4921
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%86645.59/cwt40.50–48.003954
Cows—Lean 85-90%98955.50/cwt52.50–58.005494
Cows—Lean 85-90%1,03063.44/cwt60.50–67.5065310
Cows—Boner 80-85%1,13170.46/cwt68.00–74.507979
Cows—Breaker 75-80%1,35062.33/cwt61.00–64.008412
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2928799.41/cwt780.00–820.007,4192
Bred Cows—Medium and Large 2945890.00/cwt890.00–890.008,4111
Bred Cows—Medium and Large 21,040700.00/cwt700.00–700.007,2801
Bred Cows—Medium and Large 21,055840.00/cwt840.00–840.008,8621

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.