Sale reports / Mississippi / Meridian Livestock Auction / 2021-09-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 27
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
359 head
▼ 86 vs last sale 445▲ 11 vs year ago 348 · +3.2%
Slaughter Cattle receipts
33 head
▼ 41 vs last sale 74▼ 42 vs year ago 75 · −56.0%
Replacement Cattle receipts
69 head
▼ 24 vs last sale 93▲ 30 vs year ago 39 · +76.9%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 lower. Slaughter cows and bulls were 3-5 lower as well.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $124.17/cwt on 71 head.
Average price
$124.17
71 head · 504 lb average
Value per head Derived
$626
Price × average weight ÷ 100
Grade differential Derived
$234
per head · Medium and Large 1 over Medium and Large 3
$1.03/cwt at this weight
vs the market
+0.85
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1540124.3667250
Medium and Large 2429123.7853118thin
Medium and Large 3355123.334383thin
One grade step is worth $1.03/cwt here — about $234 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 sale71 hd
124.17
—
MS average13 barns · 1,099 hd
123.32
+0.85
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—Average1,62584.511,3734thin
CowsBoner 80-85%Average1,13857.8565810
CowsLean 85-90%Very Low97945.2044312

Every lot

58 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 · Steers20 lots · lightest first
Steers—Medium and Large 1327152.78/cwt150.00–158.005003
Steers—Medium and Large 2340148.00/cwt148.00–148.005031
Steers—Medium and Large 3350130.00/cwt130.00–130.004551
Steers—Medium and Large 2370144.59/cwt142.00–149.005353
Steers—Medium and Large 1384156.22/cwt154.00–160.006004
Steers—Medium and Large 3410128.98/cwt128.00–130.005292
Steers—Medium and Large 2423137.59/cwt133.00–142.005823
Steers—Medium and Large 1433149.09/cwt145.00–153.006467
Steers—Medium and Large 1477150.68/cwt146.00–155.007196
Steers—Medium and Large 2478139.60/cwt134.00–144.006674
Steers—Medium and Large 1508146.54/cwt144.00–150.007444
Steers—Medium and Large 2518138.38/cwt133.00–140.007175
Steers—Medium and Large 3545122.00/cwt122.00–122.006651
Steers—Medium and Large 3573121.00/cwt121.00–121.006932
Steers—Medium and Large 2576132.19/cwt130.00–134.007616
Steers—Medium and Large 2620120.00/cwt120.00–120.007441
Steers—Medium and Large 1625129.93/cwt125.00–133.008123
Steers—Medium and Large 2675120.50/cwt120.00–121.008132
Steers—Medium and Large 1820121.00/cwt121.00–121.009921
Steers—Medium and Large 1963116.00/cwt115.00–117.001,1172
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 2303129.50/cwt129.00–130.003922
Heifers—Medium and Large 3315123.00/cwt123.00–123.003871
Heifers—Medium and Large 3375123.49/cwt123.00–124.004632
Heifers—Medium and Large 2390129.99/cwt126.00–135.005076
Heifers—Medium and Large 2435120.34/cwt119.00–122.005233
Heifers—Medium and Large 1437126.28/cwt125.00–128.0055211
Heifers—Medium and Large 1464131.59/cwt125.00–134.006117
Heifers—Medium and Large 2477121.69/cwt121.00–123.005803
Heifers—Medium and Large 2509115.74/cwt115.00–117.005894
Heifers—Medium and Large 1527126.84/cwt122.00–130.0066816
Heifers—Medium and Large 1570123.58/cwt122.00–124.007047
Heifers—Medium and Large 1628115.46/cwt110.00–120.007253
Heifers—Medium and Large 1688118.00/cwt117.00–119.008122
Heifers—Medium and Large 1750111.00/cwt111.00–111.008331
Heifers—Medium and Large 1815106.46/cwt103.00–110.008682
Heifers—Medium and Large 1905107.00/cwt107.00–107.009681
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1440125.50/cwt124.00–127.005522
Bulls—Medium and Large 2445115.00/cwt115.00–115.005121
Bulls—Medium and Large 1468129.67/cwt129.00–130.006073
Bulls—Medium and Large 1508120.24/cwt118.00–124.006114
Bulls—Medium and Large 2519115.58/cwt115.00–117.006005
Bulls—Medium and Large 1560117.00/cwt117.00–117.006551
Bulls—Medium and Large 2589112.13/cwt111.00–117.006605
Bulls—Medium and Large 1616110.18/cwt106.00–114.006797
Bulls—Medium and Large 1650108.00/cwt106.00–110.007022
Bulls—Medium and Large 1717107.03/cwt105.00–111.007676
Bulls—Medium and Large 1785104.00/cwt104.00–104.008161
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,32582.00/cwt82.00–82.001,0871
Bulls——1,72585.35/cwt84.50–86.001,4723
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%82837.91/cwt36.00–40.003143
Cows—Lean 85-90%1,02533.50/cwt33.50–33.503431
Cows—Lean 85-90%1,03049.39/cwt45.00–54.005098
Cows—Boner 80-85%1,13857.85/cwt54.50–61.0065810
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 29241,021.95/cwt1,000.00–1,050.009,4434
Bred Cows—Medium and Large 2990950.00/cwt950.00–950.009,4051
Bred Cows—Medium and Large 11,0251,410.00/cwt1,410.00–1,410.0014,4531
Bred Cows—Medium and Large 11,0981,545.56/cwt1,375.00–1,660.0016,9706
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,070900.00/cwt900.00–900.009,6302

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.