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%
View

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
Bulls—Average1,52582.921,2658thin
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 1—530125.00/cwt125.00–125.006631
BullsMedium and Large 2—650100.00/cwt100.00–100.006501
SteersMedium and Large 1—1,100118.00/cwt118.00–118.001,2981
SteersMedium and Large 2—780118.00/cwt118.00–118.009203
Cow-Calf PairsMedium and Large 2—1,3931,175.76/cwt1,150.00–1,200.0016,3784
Cow-Calf PairsMedium and Large 2—1,5031,218.69/cwt1,150.00–1,340.0018,31710
Cow-Calf PairsMedium and Large 2—1,2901,030.00/cwt1,030.00–1,030.0013,2872
HeifersMedium and Large 1—512120.01/cwt119.00–121.006143
SteersMedium and Large 1—470158.63/cwt155.00–161.007463
SteersMedium and Large 2—335158.00/cwt158.00–158.005291
SteersMedium and Large 1—704124.72/cwt123.00–125.008787
SteersMedium and Large 1—318175.75/cwt173.00–178.005593
SteersMedium and Large 1—610129.99/cwt128.00–131.007933
HeifersMedium and Large 1—702116.00/cwt116.00–116.008142
SteersMedium and Large 1—665128.51/cwt124.00–129.0085523
HeifersMedium and Large 1—422133.51/cwt130.00–139.005635
SteersMedium and Large 1—540153.76/cwt146.00–155.0083024
HeifersMedium and Large 1—670109.00/cwt109.00–109.007301
SteersMedium and Large 1—860119.52/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
Bulls——1,46081.55/cwt80.00–83.501,1912
Bulls——1,42874.59/cwt73.50–75.501,0652
SteersMedium and Large 3—375154.00/cwt154.00–154.005781
SteersMedium and Large 2—735117.00/cwt117.00–117.008601
HeifersMedium and Large 2—355125.00/cwt125.00–125.004441
BullsMedium and Large 1—710112.00/cwt112.00–112.007951
Bred CowsMedium and Large 2—1,0551,000.00/cwt1,000.00–1,000.0010,5501
Bred CowsMedium and Large 2—1,1631,013.99/cwt800.00–1,195.0011,7933
HeifersMedium and Large 2—313129.02/cwt128.00–130.004042
SteersMedium and Large 2—580136.00/cwt136.00–136.007891
HeifersMedium and Large 1—495126.00/cwt126.00–126.006242
Bred CowsMedium and Large 2—1,030796.50/cwt720.00–880.008,2042
Bulls——1,61588.53/cwt87.00–90.501,4303
Bulls——1,58085.50/cwt85.50–85.501,3511
SteersMedium and Large 2—465151.18/cwt149.00–158.007034
HeifersMedium and Large 2—445121.00/cwt121.00–121.005381
HeifersMedium and Large 1—575120.00/cwt120.00–120.006903
SteersMedium and Large 2—381164.44/cwt157.00–169.006275
BullsMedium and Large 1—575129.38/cwt125.00–134.007442
BullsMedium and Large 1—473125.52/cwt125.00–126.005942
HeifersMedium and Large 1—360134.00/cwt134.00–134.004821
SteersMedium and Large 1—833120.00/cwt120.00–120.001,0003
SteersMedium and Large 1—370173.05/cwt169.00–177.006403
HeifersMedium and Large 2—450123.00/cwt123.00–123.005541
SteersMedium and Large 2—525142.91/cwt140.00–146.007502
SteersMedium and Large 3—345153.00/cwt153.00–153.005281
SteersMedium and Large 1—1,033110.00/cwt110.00–110.001,1363
SteersMedium and Large 1—420168.61/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.