Sale reports / Mississippi / Meridian Livestock Auction / 2020-12-14

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Dec 14
● Final57 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
401 head
247 vs last sale 648 220 vs year ago 181 · +121.5%
Slaughter Cattle receipts
60 head
6 vs last sale 54 3 vs year ago 57 · +5.3%
Replacement Cattle receipts
100 head
24 vs last sale 124 40 vs year ago 140 · 28.6%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 5-8 higher. Slaughter cows and bulls were 2-3 higher. No sales for two weeks, next sale January the 4th. Merry Christmas and happy new year.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $161.50/cwt on 110 head.
Average price
$161.50
110 head · 446 lb average
Value per head Derived
$721
Price × average weight ÷ 100
Grade differential Derived
$115
per head · Medium and Large 1-2 over Medium and Large 3
$36.92/cwt at this weight
vs the market
+18.03
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2428178.0976243
Medium and Large 1459154.8171132
Medium and Large 2457149.0068127
Medium and Large 3458141.186478thin
One grade step is worth $36.92/cwt here — about $115 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 sale110 hd
161.50
MS average13 barns · 1,780 hd
143.47
+18.03
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
BullsAverage1,64780.781,3305thin
CowsBoner 80-85%Average1,20547.9857821
CowsLean 85-90%Average1,07239.9942919

Every lot, as filed

57 lots · USDA AMS · Meridian Stockyard - Meridian, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
CowsBoner 80-85%1,20547.98/cwt45.00–51.5057821
CowsLean 85-90%1,13444.18/cwt37.50–54.5050114
CowsLean 85-90%84830.79/cwt28.00–34.002613
CowsLean 85-90%97324.49/cwt24.00–25.002382
Bulls1,73883.68/cwt82.00–85.001,4543
Bulls1,51076.44/cwt76.00–77.001,1542
SteersMedium and Large 1473165.63/cwt160.00–174.007833
HeifersMedium and Large 1725108.00/cwt108.00–108.007831
SteersMedium and Large 1508150.58/cwt146.00–158.007655
SteersMedium and Large 1265172.22/cwt170.00–175.004564
SteersMedium and Large 1-2443174.00/cwt174.00–174.0077132
SteersMedium and Large 1240171.00/cwt171.00–171.004101
SteersMedium and Large 1415171.95/cwt165.00–183.007143
SteersMedium and Large 1629123.03/cwt119.00–127.007744
BullsMedium and Large 1555126.00/cwt126.00–126.006991
BullsMedium and Large 2518120.36/cwt119.00–122.006233
SteersMedium and Large 2735110.00/cwt110.00–110.008091
HeifersMedium and Large 1620113.52/cwt111.00–116.007042
Bred CowsMedium and Large 19901,000.00/cwt1,000.00–1,000.009,9001
Bred CowsMedium and Large 29701,150.00/cwt1,150.00–1,150.0011,1551
Bred CowsMedium and Large 29931,020.31/cwt720.00–1,150.0010,1324
SteersMedium and Large 2523135.36/cwt130.00–140.007083
SteersMedium and Large 2471153.97/cwt148.00–158.007254
HeifersMedium and Large 1-2372160.00/cwt160.00–160.0059520
BullsMedium and Large 1605114.00/cwt114.00–114.006901
BullsMedium and Large 1488130.34/cwt129.00–132.006363
BullsMedium and Large 1525128.01/cwt126.00–130.006723
SteersMedium and Large 2422154.56/cwt149.00–159.006525
SteersMedium and Large 2325162.69/cwt158.00–166.005293
HeifersMedium and Large 2466125.75/cwt121.00–129.005864
HeifersMedium and Large 2635108.00/cwt108.00–108.006861
Cow-Calf PairsMedium and Large 21,1701,050.00/cwt1,050.00–1,050.0012,2852
HeifersMedium and Large 1660115.00/cwt115.00–115.007591
HeifersMedium and Large 1385139.00/cwt139.00–139.005351
BullsMedium and Large 2576116.69/cwt113.00–122.006727
SteersMedium and Large 1-2384190.00/cwt190.00–190.0073011
HeifersMedium and Large 1-2420146.00/cwt146.00–146.0061327
Bred CowsMedium and Large 21,070950.00/cwt950.00–950.0010,1652
Bred CowsMedium and Large 2913837.65/cwt700.00–890.007,6483
Bred CowsMedium and Large 21,0751,045.60/cwt910.00–1,130.0011,2408
HeifersMedium and Large 1520119.29/cwt114.00–125.006202
HeifersMedium and Large 1286159.00/cwt159.00–159.004556
HeifersMedium and Large 1428137.28/cwt130.00–142.005883
HeifersMedium and Large 2525104.00/cwt104.00–104.005461
HeifersMedium and Large 2350138.00/cwt138.00–138.004831
SteersMedium and Large 2369161.85/cwt158.00–166.005976
HeifersMedium and Large 1562113.00/cwt113.00–113.006354
HeifersMedium and Large 1310141.00/cwt141.00–141.004371
SteersMedium and Large 1385175.00/cwt175.00–175.006741
BullsMedium and Large 2685102.00/cwt102.00–102.006991
SteersMedium and Large 3428139.88/cwt137.00–143.005992
SteersMedium and Large 3468141.61/cwt136.00–146.006636
SteersMedium and Large 1327174.54/cwt170.00–183.005716
SteersMedium and Large 1664122.82/cwt122.00–125.008165
HeifersMedium and Large 1495129.00/cwt129.00–129.006391
BullsMedium and Large 282590.00/cwt90.00–90.007431
SteersMedium and Large 2572131.83/cwt126.00–138.007545

How this sale compares

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.