Name: Meridian Livestock Auction livestock auction prices — 2021-02-22
Creator: RaisedBeef
Published: 2021-02-22

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves seamed steady. Slaughter cows and bulls were 2-5 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $147.10/cwt on 25 head.

Average price

$147.10

25 head · 514 lb average

Value per head Derived

$756

Price × average weight ÷ 100

Grade differential Derived

−$146

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

$9.10/cwt at this weight

vs the market

−5.15

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	409	154.75	633	4thin
Medium and Large 1	534	145.65	778	21

One grade step is worth $9.10/cwt here — about −$146 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 sale25 hd

147.10

—

MS average6 barns · 309 hd

152.25

−5.15

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	1,584	91.44	1,448	5thin
Cows	Boner 80-85%	High	1,183	71.45	845	19
Cows	Lean 85-90%	Low	946	52.47	497	8thin

Every lot, as filed

37 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
Bulls	—	—	1,638	94.73/cwt	94.50–95.00	1,552	2
Bulls	—	—	1,548	89.25/cwt	88.50–90.00	1,382	3
Cows	Lean 85-90%	—	872	43.01/cwt	40.50–45.50	375	3
Cows	Lean 85-90%	—	991	58.15/cwt	55.00–61.00	576	5
Cows	Boner 80-85%	—	1,272	76.28/cwt	74.50–78.50	970	5
Cows	Boner 80-85%	—	1,151	69.73/cwt	63.00–72.50	803	14
Heifers	Medium and Large 1	—	333	130.99/cwt	128.00–133.00	436	3
Heifers	Medium and Large 1	—	466	125.00/cwt	125.00–125.00	583	4
Steers	Medium and Large 1	—	421	166.35/cwt	161.00–171.00	700	4
Steers	Medium and Large 1	—	450	164.00/cwt	164.00–164.00	738	1
Cow-Calf Pairs	Medium and Large 2	—	1,160	1,125.00/cwt	1,125.00–1,125.00	13,050	2
Heifers	Medium and Large 1	—	825	110.00/cwt	110.00–110.00	908	1
Steers	Medium and Large 1	—	500	148.00/cwt	148.00–148.00	740	1
Heifers	Medium and Large 2	—	325	122.34/cwt	120.00–125.00	398	3
Steers	Medium and Large 1	—	320	166.57/cwt	163.00–173.00	533	4
Steers	Medium and Large 2	—	410	155.00/cwt	155.00–155.00	636	1
Bulls	Medium and Large 1	—	460	144.00/cwt	144.00–144.00	662	1
Steers	Medium and Large 1	—	270	171.00/cwt	171.00–171.00	462	1
Steers	Medium and Large 1	—	791	120.00/cwt	120.00–120.00	949	3
Heifers	Medium and Large 2	—	400	124.00/cwt	124.00–124.00	496	1
Heifers	Medium and Large 1	—	527	120.01/cwt	119.00–121.00	632	3
Bulls	Medium and Large 3	—	590	110.00/cwt	110.00–110.00	649	1
Steers	Medium and Large 1	—	717	123.98/cwt	123.00–126.00	889	3
Bulls	Medium and Large 2	—	455	138.00/cwt	138.00–138.00	628	1
Bulls	Medium and Large 2	—	533	131.91/cwt	128.00–136.00	703	2
Heifers	Medium and Large 1	—	635	108.00/cwt	108.00–108.00	686	1
Heifers	Medium and Large 2	—	368	125.52/cwt	125.00–126.00	462	2
Heifers	Medium and Large 1	—	413	129.34/cwt	125.00–135.00	534	3
Steers	Medium and Large 1	—	628	128.00/cwt	126.00–130.00	804	4
Steers	Medium and Large 2	—	485	150.00/cwt	150.00–150.00	728	1
Steers	Medium and Large 2	—	370	157.00/cwt	156.00–158.00	581	2
Heifers	Medium and Large 1	—	363	130.00/cwt	130.00–130.00	472	2
Heifers	Medium and Large 2	—	480	121.97/cwt	121.00–123.00	585	2
Bred Cows	Medium and Large 2	—	1,098	767.45/cwt	700.00–850.00	8,427	3
Bulls	Medium and Large 1	—	635	108.00/cwt	108.00–108.00	686	1
Bulls	Medium and Large 1	—	660	112.00/cwt	112.00–112.00	739	1
Bulls	Medium and Large 1	—	533	143.01/cwt	140.00–146.00	762	2

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 Feb 22, 2021

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

Feeder CattleReceipts 100Last week 0Year ago 162

Slaughter CattleReceipts 36Last week 0Year ago 27

Replacement CattleReceipts 21Last week 0Year ago 14

Good day, as compared to the last market feeder calves seamed steady. Slaughter cows and bulls were 2-5 higher.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,638	94.50–95.00	94.73
3	—	1,548	88.50–90.00	89.25
Cows — Lean 85-90%$ per cwt · actual wt
3	—	872	40.50–45.50	43.01
5	—	991	55.00–61.00	58.15
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,272	74.50–78.50	76.28
14	—	1,151	63.00–72.50	69.73

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	333	128.00–133.00	130.99
4	—	466	125.00	125.00
1	—	825	110.00	110.00
3	—	527	119.00–121.00	120.01
1	—	635	108.00	108.00
3	—	413	125.00–135.00	129.34
2	—	363	130.00	130.00
Heifers — Medium and Large 2$ per cwt · actual wt
3	—	325	120.00–125.00	122.34
1	—	400	124.00	124.00
2	—	368	125.00–126.00	125.52
2	—	480	121.00–123.00	121.97
Steers — Medium and Large 1$ per cwt · actual wt
4	—	421	161.00–171.00	166.35
1	—	450	164.00	164.00
1	—	500	148.00	148.00
4	—	320	163.00–173.00	166.57
1	—	270	171.00	171.00
3	—	791	120.00	120.00
3	—	717	123.00–126.00	123.98
4	—	628	126.00–130.00	128.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	410	155.00	155.00
1	—	485	150.00	150.00
2	—	370	156.00–158.00	157.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	460	144.00	144.00
1	—	635	108.00	108.00
1	—	660	112.00	112.00
2	—	533	140.00–146.00	143.01
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	590	110.00	110.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	455	138.00	138.00
2	—	533	128.00–136.00	131.91

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	—	1,160	1,125.00	1,125.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,098	700.00–850.00	767.45

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

Slaughter Cattle

Feeder Cattle

Replacement Cattle