Sale reports / Mississippi / Meridian Livestock Auction / 2021-11-15

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 15
● Final55 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
324 head
▼ 79 vs last sale 403▼ 68 vs year ago 392 · −17.3%
Slaughter Cattle receipts
43 head
▼ 27 vs last sale 70▼ 10 vs year ago 53 · −18.9%
Replacement Cattle receipts
71 head
▲ 10 vs last sale 61▼ 17 vs year ago 88 · −19.3%
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Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 higher, slaughter cows and bulls were steady. Do not forget no sales next week in the state, shut down for Thanksgiving.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $132.63/cwt on 73 head.
Average price
$132.63
73 head · 481 lb average
Value per head Derived
$638
Price × average weight ÷ 100
Grade differential Derived
$18
per head · Medium and Large 1-2 over Medium and Large 3
$27.65/cwt at this weight
vs the market
+5.23
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2387151.2758511thin
Medium and Large 1525130.1568442
Medium and Large 2433128.9155815thin
Medium and Large 3459123.625675thin
One grade step is worth $27.65/cwt here — about $18 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 sale73 hd
132.63
—
MS average13 barns · 1,071 hd
127.40
+5.23
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—Average1,60483.531,3406thin
CowsBoner 80-85%Low1,17254.346379thin
CowsBreaker 75-80%Average1,42348.846952thin
CowsLean 85-90%Average98345.784509thin

Every lot

55 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 1325170.08/cwt165.00–176.005533
Steers—Medium and Large 2330161.72/cwt160.00–165.005343
Steers—Medium and Large 2358160.46/cwt154.00–166.005746
Steers—Medium and Large 1372172.31/cwt167.00–175.006413
Steers—Medium and Large 3388151.00/cwt150.00–152.005863
Steers—Medium and Large 2405147.50/cwt141.00–154.005972
Steers—Medium and Large 1406160.22/cwt155.00–165.006504
Steers—Medium and Large 1-2435173.00/cwt173.00–173.007537
Steers—Medium and Large 1466165.00/cwt165.00–165.007693
Steers—Medium and Large 3470141.00/cwt141.00–141.006632
Steers—Medium and Large 2475148.78/cwt145.00–150.007074
Steers—Medium and Large 1521158.00/cwt158.00–158.008233
Steers—Medium and Large 2523139.48/cwt138.00–141.007292
Steers—Medium and Large 2556138.50/cwt134.00–140.007704
Steers—Medium and Large 1600146.00/cwt146.00–146.008763
Steers—Medium and Large 1659140.14/cwt135.00–141.0092412
Steers—Medium and Large 1780130.00/cwt130.00–130.001,0141
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1-2310157.00/cwt157.00–157.004874
Heifers—Medium and Large 2320133.43/cwt130.00–138.004274
Heifers—Medium and Large 1330149.85/cwt145.00–155.004952
Heifers—Medium and Large 1377146.51/cwt143.00–148.005528
Heifers—Medium and Large 2384136.74/cwt135.00–138.005254
Heifers—Medium and Large 2405131.00/cwt131.00–131.005311
Heifers—Medium and Large 3420125.55/cwt124.00–127.005272
Heifers—Medium and Large 1425136.73/cwt133.00–140.005814
Heifers—Medium and Large 1-2431148.00/cwt148.00–148.006387
Heifers—Medium and Large 2450131.00/cwt131.00–131.005901
Heifers—Medium and Large 1453135.68/cwt133.00–140.006153
Heifers—Medium and Large 3485122.33/cwt120.00–124.005933
Heifers—Medium and Large 1519124.10/cwt122.00–125.006448
Heifers—Medium and Large 2536119.75/cwt119.00–120.006424
Heifers—Medium and Large 1570126.00/cwt126.00–126.007181
Heifers—Medium and Large 1635121.26/cwt113.00–125.0077010
Heifers—Medium and Large 1655115.00/cwt115.00–115.007531
Heifers—Medium and Large 2675112.00/cwt112.00–112.007561
Heifers—Medium and Large 1705120.26/cwt118.00–121.008484
Heifers—Medium and Large 1780113.00/cwt113.00–113.008811
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 1425151.00/cwt151.00–151.006421
Bulls—Medium and Large 2435137.00/cwt137.00–137.005961
Bulls—Medium and Large 2471134.75/cwt130.00–139.006354
Bulls—Medium and Large 1473145.37/cwt142.00–149.006882
Bulls—Medium and Large 1517132.60/cwt128.00–135.006865
Bulls—Medium and Large 2583124.35/cwt123.00–126.007253
Bulls—Medium and Large 1630114.49/cwt114.00–115.007212
Bulls—Medium and Large 1670112.00/cwt112.00–112.007501
Bulls—Medium and Large 1715106.00/cwt106.00–106.007581
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,60483.53/cwt80.00–87.001,3406
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%98345.78/cwt42.00–49.004509
Cows—Boner 80-85%1,09852.01/cwt51.50–52.505715
Cows—Boner 80-85%1,26557.25/cwt53.50–62.507244
Cows—Breaker 75-80%1,42348.84/cwt47.50–50.006952
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2920724.59/cwt710.00–740.006,6662
Bred Cows—Medium and Large 21,175916.68/cwt890.00–950.0010,7712
Bred Cows—Medium and Large 21,293900.79/cwt825.00–990.0011,6476
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,1851,098.25/cwt1,040.00–1,150.0013,0144

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.