Sale reports / Mississippi / Meridian Livestock Auction / 2021-10-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 4
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
382 head
▲ 23 vs last sale 359▼ 20 vs year ago 402 · −5.0%
Slaughter Cattle receipts
29 head
▼ 4 vs last sale 33▼ 46 vs year ago 75 · −61.3%
Replacement Cattle receipts
54 head
▼ 15 vs last sale 69▼ 199 vs year ago 253 · −78.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market the regular run of feeder calves were steady, the groups of weaned calves were higher. Slaughter cows were 2-4 lower, 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 $149.02/cwt on 157 head.
Average price
$149.02
157 head · 530 lb average
Value per head Derived
$790
Price × average weight ÷ 100
Grade differential Derived
$283
per head · Medium and Large 1-2 over Medium and Large 3
$25.38/cwt at this weight
vs the market
+5.56
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2571157.0089635
Medium and Large 1510153.9678681
Medium and Large 2591133.1278722
Medium and Large 3466131.6261319thin
One grade step is worth $25.38/cwt here — about $283 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 sale157 hd
149.02
—
MS average13 barns · 1,098 hd
143.46
+5.56
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—Average1,65282.831,3683thin
CowsBoner 80-85%Average1,28956.247258thin
CowsBreaker 75-80%Average1,37049.656803thin
CowsLean 85-90%Low1,00148.9949010

Every lot

67 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 · Steers26 lots · lightest first
Steers—Medium and Large 3318141.56/cwt140.00–143.004502
Steers—Medium and Large 1320160.00/cwt160.00–160.005121
Steers—Medium and Large 2335150.00/cwt150.00–150.005031
Steers—Medium and Large 2370152.84/cwt150.00–156.005662
Steers—Medium and Large 1380166.12/cwt158.00–167.0063111
Steers—Medium and Large 3380137.00/cwt137.00–137.005211
Steers—Medium and Large 1417156.71/cwt155.00–159.006533
Steers—Medium and Large 3423127.09/cwt120.00–138.005386
Steers—Medium and Large 1467159.65/cwt154.00–161.0074637
Steers—Medium and Large 3477130.06/cwt124.00–134.006203
Steers—Medium and Large 2480148.00/cwt148.00–148.007101
Steers—Medium and Large 3508131.99/cwt130.00–134.006713
Steers—Medium and Large 2513145.28/cwt140.00–149.007453
Steers—Medium and Large 1533154.98/cwt150.00–160.008268
Steers—Medium and Large 2560144.00/cwt144.00–144.008063
Steers—Medium and Large 1-2571157.00/cwt157.00–157.0089635
Steers—Medium and Large 1579156.49/cwt156.00–159.009066
Steers—Medium and Large 3585132.99/cwt132.00–134.007784
Steers—Medium and Large 2605120.00/cwt120.00–120.007262
Steers—Medium and Large 1623131.17/cwt130.00–133.008175
Steers—Medium and Large 1655129.00/cwt129.00–129.008451
Steers—Medium and Large 2682123.19/cwt120.00–128.008406
Steers—Medium and Large 1705130.00/cwt130.00–130.009173
Steers—Medium and Large 2733119.50/cwt118.00–120.008764
Steers—Medium and Large 1761128.00/cwt128.00–128.009744
Steers—Medium and Large 1823120.49/cwt120.00–121.009922
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 2300126.00/cwt126.00–126.003781
Heifers—Medium and Large 1330129.00/cwt129.00–129.004261
Heifers—Medium and Large 3345119.00/cwt119.00–119.004111
Heifers—Medium and Large 1355131.00/cwt131.00–131.004651
Heifers—Medium and Large 3375120.00/cwt120.00–120.004501
Heifers—Medium and Large 1400125.00/cwt125.00–125.005001
Heifers—Medium and Large 2413118.03/cwt117.00–119.004872
Heifers—Medium and Large 2480118.73/cwt116.00–120.005704
Heifers—Medium and Large 1486125.82/cwt122.00–129.006118
Heifers—Medium and Large 1515123.51/cwt123.00–124.006362
Heifers—Medium and Large 2530117.00/cwt117.00–117.006201
Heifers—Medium and Large 1573121.16/cwt118.00–123.006946
Heifers—Medium and Large 2583117.00/cwt117.00–117.006822
Heifers—Medium and Large 1619115.84/cwt113.00–120.007177
Heifers—Medium and Large 1665112.50/cwt112.00–113.007482
Heifers—Medium and Large 2688100.00/cwt100.00–100.006882
Heifers—Medium and Large 1900111.00/cwt111.00–111.009991
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 2400121.00/cwt121.00–121.004841
Bulls—Medium and Large 2475114.00/cwt114.00–114.005421
Bulls—Medium and Large 1525121.97/cwt120.00–123.006403
Bulls—Medium and Large 2545115.50/cwt114.00–117.006292
Bulls—Medium and Large 2560113.35/cwt110.00–115.006353
Bulls—Medium and Large 1563120.51/cwt120.00–121.006782
Bulls—Medium and Large 2610110.00/cwt110.00–110.006711
Bulls—Medium and Large 1640119.00/cwt119.00–119.007621
Bulls—Medium and Large 2668109.03/cwt108.00–110.007282
Bulls—Medium and Large 2740100.00/cwt100.00–100.007401
Bulls—Medium and Large 2800105.00/cwt105.00–105.008401
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,65282.83/cwt81.00–85.001,3683
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%96241.07/cwt38.50–44.003953
Cows—Lean 85-90%1,01752.39/cwt50.50–53.505337
Cows—Boner 80-85%1,28956.24/cwt55.00–58.007258
Cows—Breaker 75-80%1,37049.65/cwt47.50–54.506803
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows—Medium and Large 1-2990930.00/cwt930.00–930.009,2071
Bred Cows—Medium and Large 2995810.00/cwt810.00–810.008,0601
Bred Cows—Medium and Large 1-21,130910.00/cwt910.00–910.0010,2831
Bred Cows—Medium and Large 1-21,135925.00/cwt925.00–925.0010,4991
Bred Cows—Medium and Large 21,170975.00/cwt975.00–975.0011,4081
Bred Cows—Medium and Large 1-21,195775.00/cwt775.00–775.009,2611
Bred Cows—Medium and Large 21,233824.24/cwt800.00–850.0010,1632
Bred Cows—Medium and Large 1-21,325859.57/cwt800.00–910.0011,3892

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.