Sale reports / Mississippi / Meridian Livestock Auction / 2021-03-29

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 29
● Final42 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
93 head
▼ 76 vs last sale 169▼ 26 vs year ago 119 · −21.8%
Slaughter Cattle receipts
34 head
▲ 18 vs last sale 16▼ 23 vs year ago 57 · −40.4%
Replacement Cattle receipts
144 head
▲ 116 vs last sale 28▲ 119 vs year ago 25 · +476.0%
View

Reporter comment USDA

As filed

Good day , as compared to last market feeder calves were 2-5 higher, and slaughter cows and bulls were 3-5 higher.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $127.22/cwt on 25 head.
Average price
$127.22
25 head · 462 lb average
Value per head Derived
$587
Price × average weight ÷ 100
Grade differential Derived
−$162
per head · Medium and Large 2 over Medium and Large 1
$1.05/cwt at this weight
vs the market
−4.97
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2383127.8549010thin
Medium and Large 1514126.8065215thin
One grade step is worth $1.05/cwt here — about −$162 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
127.22
—
MS average13 barns · 905 hd
132.19
−4.97
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—Low1,41279.831,1273thin
CowsBoner 80-85%Average1,24365.9482022
CowsBreaker 75-80%Average1,38559.508241thin
CowsLean 85-90%Average83246.363863thin

Every lot, as filed

42 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
SteersMedium and Large 1—458171.98/cwt169.00–175.007882
SteersMedium and Large 1—420170.75/cwt167.00–175.007174
HeifersMedium and Large 2—310129.25/cwt125.00–133.004013
HeifersMedium and Large 2—381128.19/cwt125.00–130.004884
SteersMedium and Large 2—465153.00/cwt153.00–153.007111
Bulls——1,28874.99/cwt74.00–76.009662
CowsBoner 80-85%—1,23163.88/cwt59.00–68.5078615
CowsBoner 80-85%—1,26970.36/cwt69.50–73.008937
CowsBreaker 75-80%—1,38559.50/cwt59.50–59.508241
CowsLean 85-90%—91550.29/cwt48.50–52.004602
CowsLean 85-90%—66538.50/cwt38.50–38.502561
BullsMedium and Large 1—700122.00/cwt122.00–122.008541
SteersMedium and Large 1—890119.00/cwt119.00–119.001,0591
HeifersMedium and Large 1—678117.44/cwt115.00–120.007962
Cow-Calf PairsMedium and Large 2—1,0931,097.37/cwt1,050.00–1,140.0011,9944
Cow-Calf PairsMedium and Large 1—1,6031,624.49/cwt1,425.00–1,800.0026,0414
Cow-Calf PairsMedium and Large 1—1,5931,583.72/cwt1,400.00–1,710.0025,22918
HeifersMedium and Large 1—385141.00/cwt141.00–141.005431
HeifersMedium and Large 1—400130.00/cwt130.00–130.005202
SteersMedium and Large 1—380173.00/cwt173.00–173.006571
BullsMedium and Large 1—500143.00/cwt143.00–143.007151
BullsMedium and Large 1—610123.00/cwt123.00–123.007501
BullsMedium and Large 2—785109.00/cwt109.00–109.008561
BullsMedium and Large 2—455144.00/cwt144.00–144.006551
HeifersMedium and Large 2—425126.00/cwt126.00–126.005361
HeifersMedium and Large 1—335136.98/cwt135.00–140.004593
HeifersMedium and Large 1—567126.74/cwt125.00–130.007193
HeifersMedium and Large 1—616118.74/cwt113.00–125.007314
BullsMedium and Large 2—520131.00/cwt131.00–131.006811
SteersMedium and Large 2—325166.31/cwt165.00–167.005413
Bred CowsMedium and Large 2—1,0751,000.00/cwt1,000.00–1,000.0010,7501
SteersMedium and Large 3—350152.00/cwt152.00–152.005321
SteersMedium and Large 3—328155.00/cwt155.00–155.005082
HeifersMedium and Large 2—475126.00/cwt126.00–126.005992
SteersMedium and Large 2—355162.00/cwt162.00–162.005751
SteersMedium and Large 2—430159.00/cwt159.00–159.006841
Bulls——1,66089.50/cwt89.50–89.501,4861
Cow-Calf PairsMedium and Large 2—1,2901,263.37/cwt1,125.00–1,400.0016,2978
Bred CowsMedium and Large 1—1,1701,243.33/cwt1,110.00–1,350.0014,5473
Bred CowsMedium and Large 2—1,115958.63/cwt780.00–1,090.0010,6892
Bred CowsMedium and Large 2—1,2591,013.19/cwt910.00–1,150.0012,7564
Bred CowsMedium and Large 2—891908.79/cwt840.00–1,000.008,0974

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.