Sale reports / Mississippi / Meridian Livestock Auction / 2021-02-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 1
● Final51 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
202 head
92 vs last sale 110 38 vs year ago 164 · +23.2%
Slaughter Cattle receipts
22 head
4 vs last sale 26 8 vs year ago 14 · +57.1%
Replacement Cattle receipts
97 head
18 vs last sale 79 90 vs year ago 7 · +1,285.7%
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Reporter comment USDA

As filed

Good day, as compared to last market feeder calves steers 5-7 higher, heifers steady. Slaughter cows and bulls 3-5 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $140.34/cwt on 121 head.
Average price
$140.34
121 head · 622 lb average
Value per head Derived
$873
Price × average weight ÷ 100
Grade differential Derived
−$344
per head · Medium and Large 3 over Medium and Large 1
$14.32/cwt at this weight
vs the market
3.00
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3360153.505532thin
Medium and Large 2518145.7575517thin
Medium and Large 1644139.18897102
One grade step is worth $14.32/cwt here — about −$344 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 sale121 hd
140.34
MS average13 barns · 1,134 hd
143.34
−3.00
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
BullsAverage1,52582.921,2658thin
CowsBoner 80-85%Average1,33560.948144thin
CowsLean 85-90%Very Low88838.763444thin

Every lot, as filed

51 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
BullsMedium and Large 1530125.00/cwt125.00–125.006631
BullsMedium and Large 2650100.00/cwt100.00–100.006501
SteersMedium and Large 11,100118.00/cwt118.00–118.001,2981
SteersMedium and Large 2780118.00/cwt118.00–118.009203
Cow-Calf PairsMedium and Large 21,3931,175.76/cwt1,150.00–1,200.0016,3784
Cow-Calf PairsMedium and Large 21,5031,218.69/cwt1,150.00–1,340.0018,31710
Cow-Calf PairsMedium and Large 21,2901,030.00/cwt1,030.00–1,030.0013,2872
HeifersMedium and Large 1512120.01/cwt119.00–121.006143
SteersMedium and Large 1470158.63/cwt155.00–161.007463
SteersMedium and Large 2335158.00/cwt158.00–158.005291
SteersMedium and Large 1704124.72/cwt123.00–125.008787
SteersMedium and Large 1318175.75/cwt173.00–178.005593
SteersMedium and Large 1610129.99/cwt128.00–131.007933
HeifersMedium and Large 1702116.00/cwt116.00–116.008142
SteersMedium and Large 1665128.51/cwt124.00–129.0085523
HeifersMedium and Large 1422133.51/cwt130.00–139.005635
SteersMedium and Large 1540153.76/cwt146.00–155.0083024
HeifersMedium and Large 1670109.00/cwt109.00–109.007301
SteersMedium and Large 1860119.52/cwt116.00–120.001,02819
CowsLean 85-90%86831.76/cwt30.00–33.502762
CowsLean 85-90%86539.50/cwt39.50–39.503421
CowsLean 85-90%95052.00/cwt52.00–52.004941
CowsBoner 80-85%1,33560.94/cwt59.00–63.508144
Bulls1,46081.55/cwt80.00–83.501,1912
Bulls1,42874.59/cwt73.50–75.501,0652
SteersMedium and Large 3375154.00/cwt154.00–154.005781
SteersMedium and Large 2735117.00/cwt117.00–117.008601
HeifersMedium and Large 2355125.00/cwt125.00–125.004441
BullsMedium and Large 1710112.00/cwt112.00–112.007951
Bred CowsMedium and Large 21,0551,000.00/cwt1,000.00–1,000.0010,5501
Bred CowsMedium and Large 21,1631,013.99/cwt800.00–1,195.0011,7933
HeifersMedium and Large 2313129.02/cwt128.00–130.004042
SteersMedium and Large 2580136.00/cwt136.00–136.007891
HeifersMedium and Large 1495126.00/cwt126.00–126.006242
Bred CowsMedium and Large 21,030796.50/cwt720.00–880.008,2042
Bulls1,61588.53/cwt87.00–90.501,4303
Bulls1,58085.50/cwt85.50–85.501,3511
SteersMedium and Large 2465151.18/cwt149.00–158.007034
HeifersMedium and Large 2445121.00/cwt121.00–121.005381
HeifersMedium and Large 1575120.00/cwt120.00–120.006903
SteersMedium and Large 2381164.44/cwt157.00–169.006275
BullsMedium and Large 1575129.38/cwt125.00–134.007442
BullsMedium and Large 1473125.52/cwt125.00–126.005942
HeifersMedium and Large 1360134.00/cwt134.00–134.004821
SteersMedium and Large 1833120.00/cwt120.00–120.001,0003
SteersMedium and Large 1370173.05/cwt169.00–177.006403
HeifersMedium and Large 2450123.00/cwt123.00–123.005541
SteersMedium and Large 2525142.91/cwt140.00–146.007502
SteersMedium and Large 3345153.00/cwt153.00–153.005281
SteersMedium and Large 11,033110.00/cwt110.00–110.001,1363
SteersMedium and Large 1420168.61/cwt160.00–175.0070810

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.