Sale reports / Mississippi / Meridian Livestock Auction / 2021-11-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 1
● Final54 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
452 head
▲ 267 vs last sale 185▲ 199 vs year ago 253 · +78.7%
Slaughter Cattle receipts
48 head
▼ 17 vs last sale 65▲ 24 vs year ago 24 · +100.0%
Replacement Cattle receipts
56 head
▼ 282 vs last sale 338▲ 29 vs year ago 27 · +107.4%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were also steady.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $154.40/cwt on 64 head.
Average price
$154.40
64 head · 452 lb average
Value per head Derived
$698
Price × average weight ÷ 100
Grade differential Derived
$168
per head · Medium and Large 1 over Medium and Large 3
$8.59/cwt at this weight
vs the market
+9.16
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1485155.3675337
Medium and Large 2409154.1963123
Medium and Large 3399146.775854thin
One grade step is worth $8.59/cwt here — about $168 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 sale64 hd
154.40
—
MS average13 barns · 887 hd
145.24
+9.16
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—Average1,50884.751,2786thin
CowsBoner 80-85%Average1,31661.968158thin
CowsBreaker 75-80%Average1,47053.547872thin
CowsLean 85-90%Low1,06746.8049916

Every lot

54 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 1293168.51/cwt167.00–170.004942
Steers—Medium and Large 1325165.00/cwt165.00–165.005361
Steers—Medium and Large 2329160.00/cwt154.00–164.005266
Steers—Medium and Large 3330153.00/cwt153.00–153.005051
Steers—Medium and Large 2372159.81/cwt157.00–162.005949
Steers—Medium and Large 1373169.13/cwt165.00–172.006316
Steers—Medium and Large 3385150.00/cwt150.00–150.005781
Steers—Medium and Large 1419161.65/cwt158.00–165.006778
Steers—Medium and Large 2425154.01/cwt153.00–155.006552
Steers—Medium and Large 3440142.03/cwt139.00–145.006252
Steers—Medium and Large 2460147.72/cwt140.00–153.006803
Steers—Medium and Large 1470161.69/cwt159.00–164.007603
Steers—Medium and Large 1528154.31/cwt152.00–156.008153
Steers—Medium and Large 1566154.20/cwt154.00–155.008735
Steers—Medium and Large 2575140.00/cwt140.00–140.008051
Steers—Medium and Large 1604136.74/cwt136.00–141.008267
Steers—Medium and Large 2630130.00/cwt130.00–130.008191
Steers—Medium and Large 1655132.00/cwt132.00–132.008651
Steers—Medium and Large 2660127.00/cwt127.00–127.008381
Steers—Medium and Large 1725130.00/cwt130.00–130.009431
Feeder Cattle · Heifers13 lots · lightest first
Heifers—Medium and Large 2310120.00/cwt120.00–120.003721
Heifers—Medium and Large 1338130.00/cwt130.00–130.004392
Heifers—Medium and Large 2355125.00/cwt125.00–125.004441
Heifers—Medium and Large 1360132.00/cwt132.00–132.004751
Heifers—Medium and Large 1423124.59/cwt122.00–128.0052710
Heifers—Medium and Large 2425120.00/cwt120.00–120.005101
Heifers—Medium and Large 1469122.97/cwt122.00–125.005774
Heifers—Medium and Large 2474119.51/cwt119.00–120.005664
Heifers—Medium and Large 1513126.04/cwt118.00–128.006478
Heifers—Medium and Large 1580120.00/cwt120.00–120.006965
Heifers—Medium and Large 1613113.99/cwt112.00–117.006995
Heifers—Medium and Large 2650109.00/cwt109.00–109.007091
Heifers—Medium and Large 1695118.00/cwt118.00–118.008202
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1424135.38/cwt134.00–138.005745
Bulls—Medium and Large 2430125.00/cwt125.00–125.005381
Bulls—Medium and Large 2470129.48/cwt129.00–130.006092
Bulls—Medium and Large 1471137.24/cwt134.00–142.006469
Bulls—Medium and Large 2530129.00/cwt129.00–129.006841
Bulls—Medium and Large 1535134.00/cwt134.00–134.007171
Bulls—Medium and Large 2576123.46/cwt118.00–128.007114
Bulls—Medium and Large 1580134.00/cwt134.00–134.007771
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,26079.24/cwt79.00–79.509982
Bulls——1,57583.69/cwt82.50–84.501,3182
Bulls——1,69091.31/cwt89.50–93.001,5432
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%1,00940.57/cwt37.00–43.004097
Cows—Lean 85-90%1,11251.64/cwt47.50–55.005749
Cows—Boner 80-85%1,31661.96/cwt58.50–65.008158
Cows—Breaker 75-80%1,47053.54/cwt52.00–55.007872
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 21,095885.00/cwt885.00–885.009,6911
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 11,0051,015.20/cwt1,010.00–1,020.0010,2032
Bred Cows—Medium and Large 21,078830.07/cwt800.00–860.008,9482
Bred Cows—Medium and Large 11,0901,020.00/cwt1,020.00–1,020.0011,1181
Bred Cows—Medium and Large 21,130730.00/cwt730.00–730.008,2491
Bred Cows—Medium and Large 11,430980.00/cwt980.00–980.0014,0141

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.