Sale reports / Mississippi / Meridian Livestock Auction / 2021-04-12

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 12
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
518 head
▲ 296 vs last sale 222▲ 448 vs year ago 70 · +640.0%
Slaughter Cattle receipts
27 head
▼ 4 vs last sale 31▼ 6 vs year ago 33 · −18.2%
Replacement Cattle receipts
47 head
▲ 18 vs last sale 29▲ 3 vs year ago 44 · +6.8%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder steers were 3-7 higher, heifers were 2-4 higher. Slaughter cows and bulls 2-5 higher. Also sold load of steers 88 head average wt. 571 lbs. @ $1.71 per lb. black hided

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $163.97/cwt on 337 head.
Average price
$163.97
337 head · 577 lb average
Value per head Derived
$946
Price × average weight ÷ 100
Grade differential Derived
$220
per head · Medium and Large 1 over Medium and Large 3
$10.57/cwt at this weight
vs the market
+8.45
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1495165.5782031
Medium and Large 1-2594164.64977276
Medium and Large 2517156.1780728
Medium and Large 3388155.006012thin
One grade step is worth $10.57/cwt here — about $220 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 sale337 hd
163.97
—
MS average13 barns · 1,303 hd
155.52
+8.45
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—Average1,92588.171,6983thin
CowsBoner 80-85%Average1,26572.2491412
CowsBreaker 75-80%Average1,45064.009281thin
CowsLean 85-90%Low86955.064786thin

Every lot, as filed

64 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 2—510143.00/cwt143.00–143.007291
HeifersMedium and Large 1—519134.79/cwt129.00–143.007009
HeifersMedium and Large 1—720116.04/cwt114.00–118.008352
BullsMedium and Large 1—815111.00/cwt111.00–111.009051
HeifersMedium and Large 1—310135.00/cwt135.00–135.004191
SteersMedium and Large 1—645147.67/cwt146.00–151.009523
SteersMedium and Large 1-2—706140.00/cwt140.00–140.0098820
HeifersMedium and Large 1—441138.27/cwt133.00–146.006104
BullsMedium and Large 1—728117.52/cwt116.00–119.008562
SteersMedium and Large 1—985120.00/cwt120.00–120.001,1821
SteersMedium and Large 1—426172.51/cwt165.00–178.007357
SteersMedium and Large 1—680148.00/cwt148.00–148.001,0061
HeifersMedium and Large 1—626126.53/cwt120.00–130.007925
HeifersMedium and Large 1—790114.33/cwt113.00–117.009033
HeifersMedium and Large 1—385145.00/cwt145.00–145.005581
SteersMedium and Large 1—475173.00/cwt173.00–173.008221
Cow-Calf PairsMedium and Large 2—1,2091,109.65/cwt980.00–1,310.0013,4168
Cow-Calf PairsMedium and Large 2—1,0601,195.05/cwt1,125.00–1,260.0012,6684
HeifersMedium and Large 1—463138.17/cwt138.00–139.006406
SteersMedium and Large 1—590161.00/cwt161.00–161.009501
BullsMedium and Large 1—680119.49/cwt119.00–120.008132
BullsMedium and Large 1—523151.41/cwt147.00–156.007924
SteersMedium and Large 1—230188.00/cwt183.00–193.004322
BullsMedium and Large 1—560145.00/cwt145.00–145.008121
SteersMedium and Large 1—805136.00/cwt136.00–136.001,0951
SteersMedium and Large 1—330175.97/cwt174.00–178.005812
CowsLean 85-90%—73046.80/cwt45.50–48.503422
CowsBreaker 75-80%—1,45064.00/cwt64.00–64.009281
CowsBoner 80-85%—1,19871.14/cwt70.00–73.008529
CowsBoner 80-85%—1,46775.55/cwt74.50–77.001,1083
Bulls——1,40077.50/cwt77.50–77.501,0851
Bulls——2,18893.50/cwt93.50–93.502,0462
SteersMedium and Large 2—324165.44/cwt162.00–170.005364
SteersMedium and Large 2—980105.00/cwt105.00–105.001,0291
BullsMedium and Large 1—645124.00/cwt124.00–124.008001
Bred CowsMedium and Large 2—1,295981.50/cwt860.00–1,070.0012,7104
Bred CowsMedium and Large 2—925730.00/cwt730.00–730.006,7531
Bred CowsMedium and Large 2—910770.00/cwt770.00–770.007,0071
SteersMedium and Large 3—345159.00/cwt159.00–159.005491
SteersMedium and Large 2—385163.00/cwt163.00–163.006281
Bred CowsMedium and Large 2—1,040882.12/cwt730.00–1,010.009,1742
CowsLean 85-90%—93859.19/cwt54.00–64.505554
HeifersMedium and Large 2—680110.00/cwt110.00–110.007481
SteersMedium and Large 2—460164.45/cwt162.00–167.007562
SteersMedium and Large 2—584154.12/cwt154.00–155.0090016
HeifersMedium and Large 2—590127.03/cwt124.00–129.007493
SteersMedium and Large 3—430151.00/cwt151.00–151.006491
BullsMedium and Large 1—773120.47/cwt119.00–122.009312
SteersMedium and Large 1-2—568170.80/cwt170.00–171.00970110
SteersMedium and Large 2—290167.00/cwt167.00–167.004841
HeifersMedium and Large 2—735105.00/cwt105.00–105.007721
BullsMedium and Large 2—488142.99/cwt141.00–145.006982
SteersMedium and Large 2—420160.37/cwt158.00–163.006743
HeifersMedium and Large 2—300132.00/cwt132.00–132.003961
SteersMedium and Large 1—519164.87/cwt160.00–168.008569
HeifersMedium and Large 2—535126.00/cwt126.00–126.006741
SteersMedium and Large 1-2—806134.12/cwt134.00–135.001,08142
SteersMedium and Large 1-2—475182.00/cwt182.00–182.0086573
HeifersMedium and Large 2—368129.48/cwt129.00–130.004762
SteersMedium and Large 1-2—362186.00/cwt186.00–186.0067318
HeifersMedium and Large 1—671128.49/cwt126.00–132.008624
SteersMedium and Large 1-2—939122.00/cwt122.00–122.001,14613
SteersMedium and Large 1—372177.39/cwt175.00–179.006603
HeifersMedium and Large 1—812114.00/cwt114.00–114.009265

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.