Name: Meridian Livestock Auction livestock auction prices — 2021-01-04
Creator: RaisedBeef
Published: 2021-01-04

Reporter comment USDA

As filed

Good day, as compared to the last market, feeder calves seemed to be 5-7 lower. Slaughter cattle were 2-5 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $132.95/cwt on 104 head.

Average price

$132.95

104 head · 575 lb average

Value per head Derived

$764

Price × average weight ÷ 100

Grade differential Derived

−$212

per head · Medium and Large 2 over Medium and Large 1-2

$8.30/cwt at this weight

vs the market

−4.82

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	458	138.33	633	18thin
Medium and Large 1	568	133.14	757	49
Medium and Large 3	465	131.00	609	2thin
Medium and Large 1-2	650	130.03	845	35

One grade step is worth $8.30/cwt here — about −$212 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 sale104 hd

132.95

—

MS average7 barns · 544 hd

137.77

−4.82

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,748	84.12	1,470	2thin
Cows	Boner 80-85%	Average	1,269	54.94	697	18
Cows	Lean 85-90%	Very Low	982	45.95	451	12

Every lot, as filed

47 lots · USDA AMS · Meridian Stockyard - Meridian, MS

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Heifers	Medium and Large 1	—	524	117.64/cwt	112.00–119.00	616	5
Steers	Medium and Large 2	—	584	121.67/cwt	121.00–122.00	711	6
Heifers	Medium and Large 1	—	355	135.00/cwt	135.00–135.00	479	2
Steers	Medium and Large 1	—	560	129.00/cwt	129.00–129.00	722	2
Steers	Medium and Large 1	—	280	165.00/cwt	165.00–165.00	462	1
Steers	Medium and Large 1	—	333	165.63/cwt	162.00–169.00	552	2
Steers	Medium and Large 1	—	532	134.73/cwt	132.00–136.00	717	7
Heifers	Medium and Large 1-2	—	582	122.00/cwt	122.00–122.00	710	14
Heifers	Medium and Large 1	—	650	102.00/cwt	102.00–102.00	663	1
Steers	Medium and Large 1	—	950	105.00/cwt	105.00–105.00	998	1
Steers	Medium and Large 1	—	489	148.17/cwt	142.00–151.00	725	8
Steers	Medium and Large 1	—	426	150.82/cwt	149.00–155.00	642	5
Steers	Medium and Large 1	—	667	116.73/cwt	113.00–118.00	779	7
Heifers	Medium and Large 1	—	625	109.00/cwt	109.00–109.00	681	1
Bulls	Medium and Large 1	—	518	122.99/cwt	120.00–126.00	637	2
Bulls	Medium and Large 1	—	458	124.44/cwt	121.00–128.00	570	2
Steers	Medium and Large 1	—	712	112.66/cwt	111.00–113.00	802	6
Bulls	Medium and Large 1	—	445	120.00/cwt	120.00–120.00	534	1
Cows	Lean 85-90%	—	715	32.50/cwt	32.50–32.50	232	1
Cows	Lean 85-90%	—	1,006	47.17/cwt	43.00–50.50	475	11
Cows	Boner 80-85%	—	1,244	54.12/cwt	51.00–57.00	673	15
Cows	Boner 80-85%	—	1,393	59.04/cwt	58.50–60.00	822	3
Bulls	—	—	1,748	84.12/cwt	83.00–85.00	1,470	2
Heifers	Medium and Large 1	—	424	119.59/cwt	115.00–121.00	507	7
Steers	Medium and Large 1	—	385	162.02/cwt	159.00–164.00	624	3
Steers	Medium and Large 1	—	778	114.00/cwt	114.00–114.00	887	4
Bulls	Medium and Large 1-2	—	560	119.00/cwt	119.00–119.00	666	1
Steers	Medium and Large 2	—	420	137.28/cwt	134.00–140.00	577	3
Heifers	Medium and Large 1-2	—	465	129.67/cwt	126.00–131.00	603	23
Steers	Medium and Large 1-2	—	462	160.00/cwt	160.00–160.00	739	4
Steers	Medium and Large 1-2	—	743	121.00/cwt	121.00–121.00	899	15
Steers	Medium and Large 1-2	—	610	131.00/cwt	131.00–131.00	799	16
Bulls	Medium and Large 2	—	578	108.47/cwt	107.00–110.00	627	2
Steers	Medium and Large 3	—	390	147.00/cwt	147.00–147.00	573	1
Heifers	Medium and Large 2	—	315	122.58/cwt	120.00–125.00	386	2
Steers	Medium and Large 2	—	368	156.69/cwt	155.00–158.00	577	3
Heifers	Medium and Large 2	—	373	119.47/cwt	119.00–120.00	446	2
Heifers	Medium and Large 2	—	530	106.62/cwt	105.00–110.00	565	3
Steers	Medium and Large 2	—	315	155.29/cwt	150.00–158.00	489	3
Heifers	Medium and Large 1	—	475	117.40/cwt	114.00–122.00	558	3
Heifers	Medium and Large 2	—	486	109.77/cwt	105.00–117.00	533	5
Heifers	Medium and Large 1	—	550	115.67/cwt	111.00–118.00	636	3
Steers	Medium and Large 1	—	618	115.68/cwt	115.00–117.00	715	3
Cow-Calf Pairs	Medium and Large 2	—	1,270	1,000.00/cwt	1,000.00–1,000.00	12,700	2
Bred Cows	Medium and Large 2	—	1,010	775.02/cwt	630.00–900.00	7,828	2
Steers	Medium and Large 2	—	475	137.38/cwt	134.00–140.00	653	3
Steers	Medium and Large 3	—	540	115.00/cwt	115.00–115.00	621	1

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Jan 4, 2021

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 277Last week 401Year ago 266

Slaughter CattleReceipts 44Last week 60Year ago 40

Replacement CattleReceipts 31Last week 100Year ago 26

Good day, as compared to the last market, feeder calves seemed to be 5-7 lower. Slaughter cattle were 2-5 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	524	112.00–119.00	117.64
2	—	355	135.00	135.00
1	—	650	102.00	102.00
1	—	625	109.00	109.00
7	—	424	115.00–121.00	119.59
3	—	475	114.00–122.00	117.40
3	—	550	111.00–118.00	115.67
Heifers — Medium and Large 1-2$ per cwt · actual wt
14	—	582	122.00	122.00
23	—	465	126.00–131.00	129.67
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	315	120.00–125.00	122.58
2	—	373	119.00–120.00	119.47
3	—	530	105.00–110.00	106.62
5	—	486	105.00–117.00	109.77
Steers — Medium and Large 2$ per cwt · actual wt
6	—	584	121.00–122.00	121.67
3	—	420	134.00–140.00	137.28
3	—	368	155.00–158.00	156.69
3	—	315	150.00–158.00	155.29
3	—	475	134.00–140.00	137.38
Steers — Medium and Large 1$ per cwt · actual wt
2	—	560	129.00	129.00
1	—	280	165.00	165.00
2	—	333	162.00–169.00	165.63
7	—	532	132.00–136.00	134.73
1	—	950	105.00	105.00
8	—	489	142.00–151.00	148.17
5	—	426	149.00–155.00	150.82
7	—	667	113.00–118.00	116.73
6	—	712	111.00–113.00	112.66
3	—	385	159.00–164.00	162.02
4	—	778	114.00	114.00
3	—	618	115.00–117.00	115.68
Steers — Medium and Large 1-2$ per cwt · actual wt
4	—	462	160.00	160.00
15	—	743	121.00	121.00
16	—	610	131.00	131.00
Steers — Medium and Large 3$ per cwt · actual wt
1	—	390	147.00	147.00
1	—	540	115.00	115.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	518	120.00–126.00	122.99
2	—	458	121.00–128.00	124.44
1	—	445	120.00	120.00
Bulls — Medium and Large 1-2$ per cwt · actual wt
1	—	560	119.00	119.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	578	107.00–110.00	108.47

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	715	32.50	32.50
11	—	1,006	43.00–50.50	47.17
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,244	51.00–57.00	54.12
3	—	1,393	58.50–60.00	59.04
Bulls$ per cwt · actual wt
2	—	1,748	83.00–85.00	84.12

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,270	1,000.00	1,000.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,010	630.00–900.00	775.02

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Meridian Livestock Auction

Reporter comment USDA

Steers · summary 0–100 lb

What quality paid 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Every lot, as filed

How this sale compares

Meridian Stockyard - Meridian, MS

Feeder Cattle

Slaughter Cattle

Replacement Cattle