Sale reports / Mississippi / Meridian Livestock Auction / 2021-10-11

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 11
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
389 head
▲ 7 vs last sale 382▲ 101 vs year ago 288 · +35.1%
Slaughter Cattle receipts
46 head
▲ 17 vs last sale 29▲ 24 vs year ago 22 · +109.1%
Replacement Cattle receipts
40 head
▼ 14 vs last sale 54▲ 25 vs year ago 15 · +166.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady. Slaughter cows and bulls were 2-4 higher, had a little better quality. Sold 52 weaned black hided steers average weight 509 lbs @ $ 1.6560 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 $152.92/cwt on 135 head.
Average price
$152.92
135 head · 502 lb average
Value per head Derived
$768
Price × average weight ÷ 100
Grade differential Derived
$95
per head · Medium and Large 1-2 over Medium and Large 3
$34.52/cwt at this weight
vs the market
+8.53
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2509166.0084552
Medium and Large 1446154.4968942
Medium and Large 2521139.8072916thin
Medium and Large 3570131.4874925
One grade step is worth $34.52/cwt here — about $95 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 sale135 hd
152.92
—
MS average13 barns · 1,036 hd
144.39
+8.53
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—Average1,43680.421,1555thin
CowsBoner 80-85%Average1,14061.457017thin
CowsBreaker 75-80%Average1,51052.507931thin
CowsLean 85-90%Very Low1,01947.3848316

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 · Steers17 lots · lightest first
Steers—Medium and Large 1278162.23/cwt160.00–166.004515
Steers—Medium and Large 1333156.11/cwt153.00–159.005202
Steers—Medium and Large 1367157.67/cwt155.00–160.005793
Steers—Medium and Large 2390150.00/cwt150.00–150.005852
Steers—Medium and Large 1402160.20/cwt160.00–161.006445
Steers—Medium and Large 2410148.51/cwt148.00–149.006092
Steers—Medium and Large 3450138.00/cwt138.00–138.006211
Steers—Medium and Large 2467144.92/cwt140.00–149.006773
Steers—Medium and Large 1481154.56/cwt150.00–155.0074322
Steers—Medium and Large 1-2509166.00/cwt166.00–166.0084552
Steers—Medium and Large 2529139.00/cwt138.00–141.007354
Steers—Medium and Large 1550158.00/cwt158.00–158.008691
Steers—Medium and Large 2575137.00/cwt137.00–137.007881
Steers—Medium and Large 3575131.21/cwt131.00–135.0075424
Steers—Medium and Large 1610133.22/cwt130.00–140.008134
Steers—Medium and Large 2620127.00/cwt127.00–127.007871
Steers—Medium and Large 2677128.34/cwt128.00–129.008693
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1325130.00/cwt130.00–130.004231
Heifers—Medium and Large 1360130.00/cwt130.00–130.004681
Heifers—Medium and Large 2390127.00/cwt127.00–127.004951
Heifers—Medium and Large 1435126.00/cwt126.00–126.005481
Heifers—Medium and Large 1475130.01/cwt125.00–133.0061814
Heifers—Medium and Large 2487122.64/cwt120.00–124.005973
Heifers—Medium and Large 2510121.00/cwt121.00–121.006172
Heifers—Medium and Large 1525124.48/cwt123.00–126.006544
Heifers—Medium and Large 3525114.00/cwt114.00–114.005991
Heifers—Medium and Large 3565110.00/cwt110.00–110.006221
Heifers—Medium and Large 1571126.09/cwt125.00–129.0072013
Heifers—Medium and Large 2583121.25/cwt121.00–122.007074
Heifers—Medium and Large 1631119.01/cwt113.00–124.007517
Heifers—Medium and Large 1673117.93/cwt114.00–122.007942
Heifers—Medium and Large 2685110.00/cwt110.00–110.007541
Heifers—Medium and Large 1715116.64/cwt115.00–120.008343
Heifers—Medium and Large 1830110.00/cwt110.00–110.009131
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 3428124.37/cwt123.00–126.005323
Bulls—Medium and Large 2433130.49/cwt130.00–132.005654
Bulls—Medium and Large 1440139.31/cwt135.00–145.006133
Bulls—Medium and Large 3475124.16/cwt120.00–127.005905
Bulls—Medium and Large 2485130.03/cwt128.00–132.006313
Bulls—Medium and Large 2518112.46/cwt110.00–115.005832
Bulls—Medium and Large 1530120.00/cwt120.00–120.006361
Bulls—Medium and Large 1550123.00/cwt120.00–126.006772
Bulls—Medium and Large 2568116.00/cwt116.00–116.006592
Bulls—Medium and Large 1620117.31/cwt113.00–121.007273
Bulls—Medium and Large 1773108.98/cwt107.00–111.008422
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,15873.51/cwt72.00–75.008512
Bulls——1,52580.50/cwt80.50–80.501,2281
Bulls——1,67087.29/cwt85.50–89.001,4582
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%93244.21/cwt40.00–48.504127
Cows—Lean 85-90%1,00537.53/cwt37.00–38.003772
Cows—Lean 85-90%1,11153.36/cwt50.00–56.005937
Cows—Boner 80-85%1,14061.45/cwt59.00–63.007017
Cows—Breaker 75-80%1,51052.50/cwt52.50–52.507931
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 1-2900670.00/cwt670.00–670.006,0301
Bred Cows—Medium and Large 1-2925700.00/cwt700.00–700.006,4751
Bred Cows—Medium and Large 1-2972742.24/cwt700.00–775.007,2153
Bred Cows—Medium and Large 1-21,040750.00/cwt750.00–750.007,8001
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,4801,200.00/cwt1,200.00–1,200.0017,7602

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.