Name: Meridian Livestock Auction livestock auction prices — 2021-03-01
Creator: RaisedBeef
Published: 2021-03-01

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were 5-7 lower.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $122.87/cwt on 65 head.

Average price

$122.87

65 head · 486 lb average

Value per head Derived

$597

Price × average weight ÷ 100

Grade differential Derived

$19

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

$6.72/cwt at this weight

vs the market

−0.81

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	482	125.04	603	44
Medium and Large 2	494	118.33	584	21

One grade step is worth $6.72/cwt here — about $19 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 sale65 hd

122.87

—

MS average13 barns · 837 hd

123.69

−0.81

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	1,753	84.94	1,489	5thin
Cows	Boner 80-85%	High	1,206	65.07	785	21
Cows	Lean 85-90%	Low	898	47.00	422	14

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
Steers	Medium and Large 1	—	530	151.49/cwt	150.00–153.00	803	2
Bulls	Medium and Large 2	—	495	119.00/cwt	119.00–119.00	589	1
Steers	Medium and Large 1	—	616	125.80/cwt	123.00–130.00	775	4
Steers	Medium and Large 1	—	371	170.72/cwt	168.00–177.00	633	10
Heifers	Medium and Large 1	—	317	138.64/cwt	136.00–142.00	439	3
Heifers	Medium and Large 1	—	713	105.53/cwt	104.00–107.00	752	2
Heifers	Medium and Large 1	—	755	102.00/cwt	102.00–102.00	770	1
Heifers	Medium and Large 1	—	433	131.42/cwt	126.00–134.00	569	3
Bulls	Medium and Large 1	—	733	113.01/cwt	111.00–115.00	828	2
Steers	Medium and Large 1	—	480	160.00/cwt	160.00–160.00	768	1
Steers	Medium and Large 1	—	566	145.00/cwt	145.00–145.00	821	9
Steers	Medium and Large 1	—	418	166.19/cwt	160.00–171.00	695	3
Steers	Medium and Large 1	—	300	174.50/cwt	174.00–175.00	524	2
Steers	Medium and Large 1	—	660	127.48/cwt	126.00–129.00	841	2
Heifers	Medium and Large 1	—	362	133.47/cwt	130.00–134.00	483	8
Heifers	Medium and Large 1	—	614	113.67/cwt	109.00–115.00	698	6
Heifers	Medium and Large 1	—	531	125.76/cwt	125.00–129.00	668	5
Cows	Lean 85-90%	—	837	40.36/cwt	37.50–42.50	338	7
Cows	Lean 85-90%	—	958	53.64/cwt	48.50–56.00	514	7
Cows	Boner 80-85%	—	1,220	70.25/cwt	70.00–70.50	857	2
Cows	Boner 80-85%	—	1,205	64.52/cwt	59.00–69.50	777	19
Bulls	—	—	1,703	83.08/cwt	80.00–85.00	1,415	3
Bulls	—	—	1,828	87.72/cwt	87.00–88.50	1,604	2
Heifers	Medium and Large 2	—	538	120.00/cwt	120.00–120.00	646	6
Bulls	Medium and Large 1	—	615	119.00/cwt	119.00–119.00	732	1
Bred Cows	Medium and Large 2	—	1,115	730.00/cwt	730.00–730.00	8,140	1
Bred Cows	Medium and Large 2	—	1,021	870.66/cwt	800.00–980.00	8,889	4
Bred Cows	Medium and Large 2	—	995	750.00/cwt	750.00–750.00	7,463	1
Bred Cows	Medium and Large 2	—	1,190	810.00/cwt	810.00–810.00	9,639	1
Steers	Medium and Large 2	—	440	150.00/cwt	150.00–150.00	660	1
Cow-Calf Pairs	Medium and Large 2	—	1,390	1,150.00/cwt	1,150.00–1,150.00	15,985	2
Heifers	Medium and Large 2	—	360	128.00/cwt	128.00–128.00	461	1
Steers	Medium and Large 3	—	370	157.04/cwt	156.00–158.00	581	2
Heifers	Medium and Large 2	—	610	100.00/cwt	100.00–100.00	610	1
Steers	Medium and Large 2	—	482	147.93/cwt	146.00–152.00	713	3
Bulls	Medium and Large 2	—	560	119.00/cwt	119.00–119.00	666	1
Steers	Medium and Large 2	—	530	137.00/cwt	137.00–137.00	726	1
Steers	Medium and Large 1	—	708	125.00/cwt	125.00–125.00	885	10
Heifers	Medium and Large 2	—	313	126.32/cwt	125.00–129.00	395	3
Heifers	Medium and Large 2	—	423	123.01/cwt	122.00–124.00	520	2
Steers	Medium and Large 2	—	570	140.00/cwt	140.00–140.00	798	1
Heifers	Medium and Large 1	—	472	125.00/cwt	124.00–134.00	590	16
Heifers	Medium and Large 2	—	568	119.45/cwt	118.00–121.00	678	2
Steers	Medium and Large 1	—	755	118.00/cwt	118.00–118.00	891	1
Heifers	Medium and Large 2	—	476	117.73/cwt	116.00–122.00	560	4
Heifers	Medium and Large 2	—	675	101.02/cwt	100.00–102.00	682	2
Bulls	Medium and Large 2	—	518	120.94/cwt	118.00–123.00	626	3

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 Mar 1, 2021

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

Feeder CattleReceipts 200Last week 100Year ago 118

Slaughter CattleReceipts 66Last week 36Year ago 38

Replacement CattleReceipts 32Last week 21Year ago 17

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were 5-7 lower.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	530	150.00–153.00	151.49
4	—	616	123.00–130.00	125.80
10	—	371	168.00–177.00	170.72
1	—	480	160.00	160.00
9	—	566	145.00	145.00
3	—	418	160.00–171.00	166.19
2	—	300	174.00–175.00	174.50
2	—	660	126.00–129.00	127.48
10	—	708	125.00	125.00
1	—	755	118.00	118.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	440	150.00	150.00
3	—	482	146.00–152.00	147.93
1	—	530	137.00	137.00
1	—	570	140.00	140.00
Steers — Medium and Large 3$ per cwt · actual wt
2	—	370	156.00–158.00	157.04
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	495	119.00	119.00
1	—	560	119.00	119.00
3	—	518	118.00–123.00	120.94
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	733	111.00–115.00	113.01
1	—	615	119.00	119.00
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	317	136.00–142.00	138.64
2	—	713	104.00–107.00	105.53
1	—	755	102.00	102.00
3	—	433	126.00–134.00	131.42
8	—	362	130.00–134.00	133.47
6	—	614	109.00–115.00	113.67
5	—	531	125.00–129.00	125.76
16	—	472	124.00–134.00	125.00
Heifers — Medium and Large 2$ per cwt · actual wt
6	—	538	120.00	120.00
1	—	360	128.00	128.00
1	—	610	100.00	100.00
3	—	313	125.00–129.00	126.32
2	—	423	122.00–124.00	123.01
2	—	568	118.00–121.00	119.45
4	—	476	116.00–122.00	117.73
2	—	675	100.00–102.00	101.02

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	837	37.50–42.50	40.36
7	—	958	48.50–56.00	53.64
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,220	70.00–70.50	70.25
19	—	1,205	59.00–69.50	64.52
Bulls$ per cwt · actual wt
3	—	1,703	80.00–85.00	83.08
2	—	1,828	87.00–88.50	87.72

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,115	730.00	730.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	4	—	1,021	800.00–980.00	870.66
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	995	750.00	750.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,190	810.00	810.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	1,390	1,150.00	1,150.00

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

Heifers · 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