Sale reports / Mississippi / Meridian Livestock Auction / 2021-05-10

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 10
● Final47 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
199 head
32 vs last sale 167 82 vs year ago 281 · 29.2%
Slaughter Cattle receipts
34 head
1 vs last sale 33 9 vs year ago 43 · 20.9%
Replacement Cattle receipts
9 head
27 vs last sale 36 38 vs year ago 47 · 80.9%
View

Reporter comment USDA

As filed

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

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $123.83/cwt on 105 head.
Average price
$123.83
105 head · 599 lb average
Value per head Derived
$742
Price × average weight ÷ 100
Grade differential Derived
$127
per head · Medium and Large 1 over Medium and Large 3
$11.61/cwt at this weight
vs the market
+2.42
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1496125.626238thin
Medium and Large 1-2647125.0080975
Medium and Large 2476119.4256821
Medium and Large 3435114.004961thin
One grade step is worth $11.61/cwt here — about $127 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 sale105 hd
123.83
MS average13 barns · 891 hd
121.40
+2.42
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
BullsAverage1,38087.251,2042thin
CowsBoner 80-85%Average1,21163.6177014
CowsLean 85-90%Low97851.7050612

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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
Bulls1,66091.00/cwt91.00–91.001,5111
Bulls1,10083.50/cwt83.50–83.509191
CowsBoner 80-85%1,21163.61/cwt60.00–69.0077014
CowsLean 85-90%85542.74/cwt38.00–48.003653
CowsLean 85-90%1,01954.68/cwt52.50–58.505579
BullsMedium and Large 1515132.47/cwt131.00–134.006822
HeifersMedium and Large 1525120.00/cwt120.00–120.006301
BullsMedium and Large 1612110.98/cwt110.00–113.006793
BullsMedium and Large 1667111.99/cwt109.00–117.007473
BullsMedium and Large 1418139.74/cwt137.00–142.005844
SteersMedium and Large 1467145.04/cwt140.00–149.006773
SteersMedium and Large 1560136.00/cwt136.00–136.007621
HeifersMedium and Large 1975100.00/cwt100.00–100.009751
SteersMedium and Large 1890106.00/cwt106.00–106.009431
SteersMedium and Large 1525141.92/cwt140.00–144.007452
HeifersMedium and Large 2340121.00/cwt121.00–121.004111
SteersMedium and Large 1640130.00/cwt130.00–130.008321
HeifersMedium and Large 1615117.00/cwt117.00–117.007201
HeifersMedium and Large 1380132.23/cwt130.00–136.005024
SteersMedium and Large 1941100.00/cwt100.00–100.009413
SteersMedium and Large 1403144.48/cwt142.00–147.005822
SteersMedium and Large 2540132.00/cwt132.00–132.007131
HeifersMedium and Large 1-2647125.00/cwt125.00–125.0080975
BullsMedium and Large 2445132.00/cwt132.00–132.005871
BullsMedium and Large 2460134.00/cwt134.00–134.006161
HeifersMedium and Large 2517114.32/cwt111.00–119.005913
HeifersMedium and Large 2473122.95/cwt120.00–127.005823
SteersMedium and Large 2570132.07/cwt130.00–134.007532
SteersMedium and Large 2285159.00/cwt159.00–159.004531
HeifersMedium and Large 2555118.00/cwt118.00–118.006552
HeifersMedium and Large 2672105.98/cwt105.00–108.007123
SteersMedium and Large 2460139.00/cwt139.00–139.006391
SteersMedium and Large 2425137.00/cwt137.00–137.005821
SteersMedium and Large 3300150.00/cwt150.00–150.004501
HeifersMedium and Large 2418124.75/cwt122.00–126.005214
HeifersMedium and Large 2377124.40/cwt122.00–127.004695
BullsMedium and Large 2527117.97/cwt115.00–120.006223
BullsMedium and Large 2580113.65/cwt112.00–116.006593
SteersMedium and Large 283596.00/cwt96.00–96.008021
HeifersMedium and Large 1330139.00/cwt139.00–139.004591
BullsMedium and Large 3495122.00/cwt122.00–122.006041
SteersMedium and Large 1665124.00/cwt124.00–124.008251
SteersMedium and Large 11,16893.99/cwt93.00–95.001,0982
Bred CowsMedium and Large 2890710.00/cwt710.00–710.006,3191
Bred CowsMedium and Large 21,235810.00/cwt810.00–810.0010,0041
HeifersMedium and Large 3435114.00/cwt114.00–114.004961
SteersMedium and Large 3355150.00/cwt150.00–150.005331

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.