Sale reports / Mississippi / Meridian Livestock Auction / 2021-11-29

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 29
● Final52 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
243 head
▼ 81 vs last sale 324▼ 21 vs year ago 264 · −8.0%
Slaughter Cattle receipts
71 head
▲ 28 vs last sale 43▲ 50 vs year ago 21 · +238.1%
Replacement Cattle receipts
39 head
▼ 32 vs last sale 71▲ 24 vs year ago 15 · +160.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers and heifers were 2-4 higher. Slaughter cows and bulls were steady. Feeder steers and heifers sold in groups are reported in Medium & Large 1-2.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $154.68/cwt on 61 head.
Average price
$154.68
61 head · 516 lb average
Value per head Derived
$798
Price × average weight ÷ 100
Grade differential Derived
−$231
per head · Medium and Large 1 over Medium and Large 1-2
$15.32/cwt at this weight
vs the market
−0.86
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1416165.3368818thin
Medium and Large 2400150.8660311thin
Medium and Large 1-2612150.0191932
One grade step is worth $15.32/cwt here — about −$231 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 sale61 hd
154.68
—
MS average7 barns · 712 hd
155.55
−0.86
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—Low1,59773.551,1743thin
CowsBoner 80-85%Average1,11457.6764214
CowsBreaker 75-80%Average1,42955.6979612
CowsLean 85-90%Average1,01442.4543027

Every lot

52 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 · Steers16 lots · lightest first
Steers—Medium and Large 1Fancy305195.00/cwt195.00–195.005951
Steers—Medium and Large 2312161.73/cwt157.00–165.005053
Steers—Medium and Large 1325172.39/cwt166.00–177.005604
Steers—Medium and Large 1359173.97/cwt171.00–175.006254
Steers—Medium and Large 1420164.87/cwt159.00–171.006924
Steers—Medium and Large 2423146.40/cwt142.00–152.006196
Steers—Medium and Large 2463147.95/cwt146.00–150.006852
Steers—Medium and Large 1-2468162.50/cwt162.50–162.507613
Steers—Medium and Large 1490155.00/cwt155.00–155.007601
Steers—Medium and Large 1-2513161.50/cwt161.50–161.508286
Steers—Medium and Large 1515150.00/cwt150.00–150.007731
Steers—Medium and Large 1555149.00/cwt149.00–149.008271
Steers—Medium and Large 1-2582153.75/cwt153.75–153.758953
Steers—Medium and Large 1603140.98/cwt135.00–147.008502
Steers—Medium and Large 1-2628149.00/cwt149.00–149.0093615
Steers—Medium and Large 1-2790129.50/cwt129.50–129.501,0235
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 1295159.00/cwt159.00–159.004691
Heifers—Medium and Large 1318157.07/cwt155.00–159.004993
Heifers—Medium and Large 1364153.76/cwt153.00–155.005604
Heifers—Medium and Large 1425135.22/cwt132.00–139.005753
Heifers—Medium and Large 1463134.98/cwt129.00–140.006258
Heifers—Medium and Large 1527122.55/cwt119.00–128.006469
Heifers—Medium and Large 1568120.47/cwt118.00–124.006846
Heifers—Medium and Large 1-2582135.51/cwt134.75–136.2578910
Heifers—Medium and Large 1626117.52/cwt113.00–123.007364
Heifers—Medium and Large 1708112.51/cwt110.00–115.007972
Heifers—Medium and Large 1-2853115.00/cwt115.00–115.009814
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1-2430140.00/cwt140.00–140.006021
Bulls—Medium and Large 1-2473130.05/cwt120.00–138.0061510
Bulls—Medium and Large 1-2527124.18/cwt120.00–135.006547
Bulls—Medium and Large 1-2579121.64/cwt114.00–130.007048
Bulls—Medium and Large 1-2613115.98/cwt112.00–120.007114
Bulls—Medium and Large 1-2685114.00/cwt114.00–114.007811
Bulls—Medium and Large 1-2805100.00/cwt100.00–100.008051
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,38065.00/cwt65.00–65.008971
Bulls——1,70577.83/cwt75.00–80.001,3272
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%1,01244.78/cwt41.00–51.0045320
Cows—Lean 85-90%1,01835.78/cwt30.00–41.003647
Cows—Boner 80-85%1,11457.67/cwt53.00–64.0064214
Cows—Breaker 75-80%1,40156.66/cwt52.00–61.0079411
Cows—Breaker 75-80%1,73545.00/cwt45.00–45.007811
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-2790630.00/cwt630.00–630.004,9772
Cow-Calf Pairs—Small and Medium 1-2900600.00/cwt600.00–600.005,4002
Cow-Calf Pairs—Medium and Large 1-21,245600.00/cwt600.00–600.007,4702
Cow-Calf Pairs—Medium and Large 1-21,315920.00/cwt920.00–920.0012,0982
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Small and Medium 1-2860422.44/cwt400.00–440.003,6332
Bred Cows—Small and Medium 1-2875500.00/cwt500.00–500.004,3751
Bred Cows—Medium and Large 1-2875500.00/cwt500.00–500.004,3751
Bred Cows—Medium and Large 1-21,065520.00/cwt520.00–520.005,5381
Bred Cows—Medium and Large 1-21,098799.64/cwt700.00–880.008,7802
Bred Cows—Medium and Large 1-21,125600.00/cwt600.00–600.006,7501
Bred Cows—Medium and Large 1-21,280850.00/cwt850.00–850.0010,8801

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.