Sale reports / Mississippi / Meridian Livestock Auction / 2021-04-05

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 5
● Final52 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
222 head
▲ 129 vs last sale 93▼ 287 vs year ago 509 · −56.4%
Slaughter Cattle receipts
31 head
▼ 3 vs last sale 34▲ 2 vs year ago 29 · +6.9%
Replacement Cattle receipts
29 head
▼ 115 vs last sale 144▼ 2 vs year ago 31 · −6.5%
View

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $151.24/cwt on 71 head.
Average price
$151.24
71 head · 584 lb average
Value per head Derived
$884
Price × average weight ÷ 100
Grade differential Derived
−$98
per head · Medium and Large 3 over Medium and Large 2
$4.64/cwt at this weight
vs the market
−5.07
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3455155.657093thin
Medium and Large 1610151.0692250
Medium and Large 2534151.0080718thin
One grade step is worth $4.64/cwt here — about −$98 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 sale71 hd
151.24
—
MS average13 barns · 926 hd
156.31
−5.07
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—Low1,72485.631,4777thin
CowsBoner 80-85%High1,18966.0478514
CowsLean 85-90%Average1,09454.715987thin

Every lot, as filed

52 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
HeifersMedium and Large 2—480132.00/cwt132.00–132.006341
HeifersMedium and Large 1—558133.00/cwt132.00–134.007422
SteersMedium and Large 1—876121.00/cwt121.00–121.001,0603
SteersMedium and Large 1—534158.77/cwt154.00–160.0084813
SteersMedium and Large 1—362181.36/cwt179.00–183.006573
HeifersMedium and Large 1—875106.00/cwt106.00–106.009281
BullsMedium and Large 2—535121.00/cwt121.00–121.006471
SteersMedium and Large 1—413175.09/cwt171.00–180.007238
SteersMedium and Large 1—450180.00/cwt180.00–180.008101
SteersMedium and Large 1—575161.67/cwt161.00–163.009303
Cow-Calf PairsMedium and Large 2—1,3201,200.00/cwt1,200.00–1,200.0015,8402
Cow-Calf PairsMedium and Large 1-2—1,4751,340.00/cwt1,340.00–1,340.0019,7652
SteersMedium and Large 1—605155.00/cwt155.00–155.009381
SteersMedium and Large 1—828125.00/cwt125.00–125.001,03515
HeifersMedium and Large 1—466136.31/cwt134.00–142.006359
HeifersMedium and Large 1—516136.65/cwt135.00–138.007056
HeifersMedium and Large 1—660120.00/cwt120.00–120.007921
BullsMedium and Large 1—500139.00/cwt139.00–139.006951
HeifersMedium and Large 1—790111.00/cwt111.00–111.008771
SteersMedium and Large 1—325177.00/cwt175.00–179.005752
CowsLean 85-90%—1,12755.41/cwt53.00–59.006246
CowsBoner 80-85%—1,34569.68/cwt69.00–70.009373
CowsBoner 80-85%—1,14665.05/cwt62.50–68.5074511
Bulls——1,71579.50/cwt79.50–79.501,3631
Bulls——1,48281.64/cwt79.50–85.001,2103
Bulls——1,97091.67/cwt87.50–93.501,8063
SteersMedium and Large 2—365172.67/cwt172.00–174.006303
SteersMedium and Large 2—744123.00/cwt123.00–123.009155
BullsMedium and Large 1—475154.82/cwt149.00–160.007353
Bred CowsMedium and Large 2—1,1431,047.86/cwt850.00–1,180.0011,9772
Bred CowsMedium and Large 2—950880.00/cwt880.00–880.008,3601
Bred CowsMedium and Large 2—1,150950.00/cwt950.00–950.0010,9251
SteersMedium and Large 3—488152.97/cwt151.00–155.007462
SteersMedium and Large 2—585154.00/cwt154.00–154.009011
Bred CowsMedium and Large 2—1,175850.00/cwt850.00–850.009,9881
CowsLean 85-90%—89550.50/cwt50.50–50.504521
BullsMedium and Large 2—430135.00/cwt135.00–135.005811
SteersMedium and Large 2—685135.00/cwt135.00–135.009251
SteersMedium and Large 2—433164.99/cwt163.00–167.007142
SteersMedium and Large 2—480163.68/cwt160.00–168.007863
SteersMedium and Large 3—390161.00/cwt161.00–161.006281
HeifersMedium and Large 1—620121.55/cwt120.00–123.007542
HeifersMedium and Large 1—355142.00/cwt142.00–142.005041
HeifersMedium and Large 2—570124.96/cwt122.00–127.007124
SteersMedium and Large 2—600134.00/cwt134.00–134.008041
HeifersMedium and Large 2—445125.00/cwt125.00–125.005561
SteersMedium and Large 2—313170.52/cwt170.00–171.005342
BullsMedium and Large 2—450145.00/cwt145.00–145.006531
SteersMedium and Large 1—705132.00/cwt132.00–132.009311
HeifersMedium and Large 1—433139.32/cwt138.00–140.006033
HeifersMedium and Large 1—815106.94/cwt104.00–110.008722
HeifersMedium and Large 1—709113.00/cwt108.00–116.008013

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.