Name: Meridian Livestock Auction livestock auction prices — 2021-01-11
Creator: RaisedBeef
Published: 2021-01-11

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 5-7 higher. Slaughter cows and bulls were steady, with just a small offering.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $138.16/cwt on 138 head.

Average price

$138.16

138 head · 567 lb average

Value per head Derived

$783

Price × average weight ÷ 100

Grade differential Derived

−$153

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

$49.83/cwt at this weight

vs the market

−1.94

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	310	178.00	552	3thin
Medium and Large 1	577	139.24	804	111
Medium and Large 2	550	128.17	705	24

One grade step is worth $49.83/cwt here — about −$153 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 sale138 hd

138.16

—

MS average10 barns · 869 hd

140.10

−1.94

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	1,190	74.50	887	1thin
Cows	Boner 80-85%	Average	1,092	51.69	564	9thin
Cows	Lean 85-90%	Average	1,062	47.31	502	3thin
Cows	Breaker 75-80%	Average	1,490	45.50	678	1thin

Every lot, as filed

43 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
Cow-Calf Pairs	Medium and Large 2	—	970	800.00/cwt	800.00–800.00	7,760	2
Bulls	Medium and Large 1	—	617	122.32/cwt	120.00–125.00	755	3
Bulls	Medium and Large 1	—	469	133.96/cwt	130.00–138.00	628	4
Bulls	—	—	1,190	74.50/cwt	74.50–74.50	887	1
Cows	Breaker 75-80%	—	1,490	45.50/cwt	45.50–45.50	678	1
Cows	Lean 85-90%	—	1,062	47.31/cwt	43.00–49.50	502	3
Cows	Boner 80-85%	—	1,092	51.69/cwt	50.00–53.50	564	9
Bulls	Medium and Large 1	—	530	131.00/cwt	131.00–131.00	694	1
Bulls	Medium and Large 1	—	565	125.00/cwt	125.00–125.00	706	1
Steers	Medium and Large 1	—	305	161.00/cwt	161.00–161.00	491	1
Steers	Medium and Large 1	—	471	146.26/cwt	142.00–151.00	689	10
Steers	Medium and Large 1	—	418	149.44/cwt	148.00–151.00	625	2
Heifers	Medium and Large 1	—	569	123.25/cwt	115.00–125.00	701	33
Heifers	Medium and Large 1	—	470	123.70/cwt	117.00–125.00	581	8
Steers	Medium and Large 1	—	627	134.76/cwt	124.00–135.00	845	75
Steers	Medium and Large 1	—	230	173.00/cwt	173.00–173.00	398	2
Heifers	Medium and Large 1	—	627	111.62/cwt	106.00–116.00	700	3
Heifers	Medium and Large 1	—	421	128.72/cwt	125.00–130.00	542	4
Heifers	Medium and Large 1-2	—	370	144.00/cwt	144.00–144.00	533	7
Steers	Medium and Large 1	—	515	143.54/cwt	142.00–145.00	739	2
Steers	Medium and Large 1	—	386	164.78/cwt	159.00–166.00	636	8
Steers	Medium and Large 1	—	675	127.00/cwt	127.00–127.00	857	9
Heifers	Medium and Large 2	—	330	122.00/cwt	122.00–122.00	403	1
Heifers	Medium and Large 1	—	520	120.51/cwt	116.00–123.00	627	6
Steers	Medium and Large 2	—	535	125.84/cwt	125.00–129.00	673	6
Heifers	Medium and Large 1	—	322	132.40/cwt	130.00–134.00	426	3
Heifers	Medium and Large 1	—	387	133.97/cwt	133.00–136.00	518	3
Steers	Medium and Large 1	—	275	165.93/cwt	164.00–168.00	456	2
Steers	Medium and Large 2	—	480	134.52/cwt	134.00–135.00	646	2
Heifers	Medium and Large 1-2	—	477	136.81/cwt	135.00–140.00	653	16
Heifers	Medium and Large 2	—	474	118.37/cwt	114.00–124.00	561	7
Steers	Medium and Large 1-2	—	310	178.00/cwt	178.00–178.00	552	3
Bulls	Medium and Large 2	—	490	122.00/cwt	122.00–122.00	598	1
Bulls	Medium and Large 2	—	673	110.57/cwt	107.00–114.00	744	2
Steers	Medium and Large 2	—	653	120.00/cwt	120.00–120.00	784	10
Heifers	Medium and Large 2	—	445	125.00/cwt	125.00–125.00	556	1
Steers	Medium and Large 2	—	373	150.47/cwt	150.00–151.00	561	2
Heifers	Medium and Large 2	—	585	110.50/cwt	110.00–111.00	646	2
Steers	Medium and Large 2	—	300	150.00/cwt	150.00–150.00	450	1
Steers	Medium and Large 2	—	433	137.05/cwt	134.00–140.00	593	2
Heifers	Medium and Large 2	—	533	114.00/cwt	114.00–114.00	608	3
Steers	Medium and Large 2	—	585	127.00/cwt	127.00–127.00	743	1
Heifers	Medium and Large 1	—	292	152.00/cwt	152.00–152.00	444	7

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 11, 2021

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

Feeder CattleReceipts 273Last week 277Year ago 187

Slaughter CattleReceipts 16Last week 44Year ago 23

Replacement CattleReceipts 4Last week 31Year ago 18

Good day, as compared to last market feeder calves were 5-7 higher. Slaughter cows and bulls were steady, with just a small offering.

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
Young (2-4 yrs)	Open	2	—	970	800.00	800.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	617	120.00–125.00	122.32
4	—	469	130.00–138.00	133.96
1	—	530	131.00	131.00
1	—	565	125.00	125.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	490	122.00	122.00
2	—	673	107.00–114.00	110.57
Steers — Medium and Large 1$ per cwt · actual wt
1	—	305	161.00	161.00
10	—	471	142.00–151.00	146.26
2	—	418	148.00–151.00	149.44
75	—	627	124.00–135.00	134.76
2	—	230	173.00	173.00
2	—	515	142.00–145.00	143.54
8	—	386	159.00–166.00	164.78
9	—	675	127.00	127.00
2	—	275	164.00–168.00	165.93
Steers — Medium and Large 2$ per cwt · actual wt
6	—	535	125.00–129.00	125.84
2	—	480	134.00–135.00	134.52
10	—	653	120.00	120.00
2	—	373	150.00–151.00	150.47
1	—	300	150.00	150.00
2	—	433	134.00–140.00	137.05
1	—	585	127.00	127.00
Steers — Medium and Large 1-2$ per cwt · actual wt
3	—	310	178.00	178.00
Heifers — Medium and Large 1$ per cwt · actual wt
33	—	569	115.00–125.00	123.25
8	—	470	117.00–125.00	123.70
3	—	627	106.00–116.00	111.62
4	—	421	125.00–130.00	128.72
6	—	520	116.00–123.00	120.51
3	—	322	130.00–134.00	132.40
3	—	387	133.00–136.00	133.97
7	—	292	152.00	152.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	—	370	144.00	144.00
16	—	477	135.00–140.00	136.81
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	330	122.00	122.00
7	—	474	114.00–124.00	118.37
1	—	445	125.00	125.00
2	—	585	110.00–111.00	110.50
3	—	533	114.00	114.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,190	74.50	74.50
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,490	45.50	45.50
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,062	43.00–49.50	47.31
Cows — Boner 80-85%$ per cwt · actual wt
9	—	1,092	50.00–53.50	51.69

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

Replacement Cattle

Feeder Cattle

Slaughter Cattle