Name: Meridian Livestock Auction livestock auction prices — 2021-05-24
Creator: RaisedBeef
Published: 2021-05-24

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady. Slaughter cows and bulls 2-4 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $133.18/cwt on 80 head.

Average price

$133.18

80 head · 669 lb average

Value per head Derived

$891

Price × average weight ÷ 100

Grade differential Derived

−$305

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

$11.02/cwt at this weight

vs the market

−2.31

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	500	138.02	690	13thin
Medium and Large 1	656	135.16	887	43
Medium and Large 1-2	784	127.00	996	24

One grade step is worth $11.02/cwt here — about −$305 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 sale80 hd

133.18

—

MS average12 barns · 1,497 hd

135.48

−2.31

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	1,542	95.83	1,477	3thin
Cows	Boner 80-85%	High	1,158	68.11	789	26
Cows	Lean 85-90%	Average	1,030	56.69	584	12

Every lot, as filed

48 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
Cows	Boner 80-85%	—	1,416	73.65/cwt	72.50–75.50	1,043	5
Cows	Lean 85-90%	—	1,030	56.69/cwt	49.00–62.00	584	12
Bulls	—	—	1,715	97.00/cwt	97.00–97.00	1,664	1
Bulls	—	—	1,810	108.00/cwt	108.00–108.00	1,955	1
Bulls	—	—	1,100	82.50/cwt	82.50–82.50	908	1
Cows	Boner 80-85%	—	1,097	66.79/cwt	62.50–71.00	733	21
Steers	Medium and Large 1	—	561	138.50/cwt	138.00–139.00	777	4
Bulls	Medium and Large 1	—	608	112.96/cwt	110.00–116.00	687	2
Bulls	Medium and Large 1	—	523	123.65/cwt	122.00–125.00	647	3
Heifers	Medium and Large 1	—	730	111.00/cwt	111.00–111.00	810	1
Heifers	Medium and Large 1	—	308	128.98/cwt	128.00–130.00	397	2
Heifers	Medium and Large 1	—	463	130.00/cwt	130.00–130.00	602	2
Heifers	Medium and Large 1	—	781	112.00/cwt	112.00–112.00	875	5
Steers	Medium and Large 1	—	427	156.67/cwt	156.00–157.00	669	3
Steers	Medium and Large 1	—	705	132.00/cwt	132.00–132.00	931	2
Steers	Medium and Large 1	—	472	149.67/cwt	148.00–152.00	706	3
Steers	Medium and Large 1	—	942	116.12/cwt	116.00–117.00	1,094	8
Steers	Medium and Large 1	—	523	142.48/cwt	139.00–146.00	745	2
Bulls	Medium and Large 2	—	488	124.01/cwt	123.00–125.00	605	2
Steers	Medium and Large 1	—	660	132.26/cwt	130.00–134.00	873	4
Steers	Medium and Large 1	—	323	159.58/cwt	158.00–161.00	515	2
Steers	Medium and Large 1	—	610	135.53/cwt	130.00–139.00	827	7
Steers	Medium and Large 1	—	370	160.00/cwt	160.00–160.00	592	2
Heifers	Medium and Large 1	—	620	119.70/cwt	112.00–122.00	742	11
Steers	Medium and Large 2	—	481	139.68/cwt	130.00–142.00	672	5
Heifers	Medium and Large 1	—	415	130.46/cwt	129.00–132.00	541	2
Steers	Medium and Large 1	—	832	124.00/cwt	124.00–124.00	1,032	6
Heifers	Medium and Large 1	—	380	129.37/cwt	127.00–131.00	492	3
Heifers	Medium and Large 1	—	525	123.97/cwt	122.00–126.00	651	4
Steers	Medium and Large 1-2	—	784	127.00/cwt	127.00–127.00	996	24
Steers	Medium and Large 2	—	745	117.00/cwt	117.00–117.00	872	1
Bulls	Medium and Large 2	—	578	114.49/cwt	114.00–115.00	662	2
Heifers	Medium and Large 2	—	355	125.00/cwt	125.00–125.00	444	2
Heifers	Medium and Large 2	—	683	108.96/cwt	105.00–113.00	744	2
Steers	Medium and Large 2	—	418	134.91/cwt	130.00–140.00	564	2
Heifers	Medium and Large 2	—	620	115.00/cwt	115.00–115.00	713	1
Steers	Medium and Large 2	—	365	156.49/cwt	156.00–157.00	571	2
Steers	Medium and Large 2	—	583	135.51/cwt	135.00–136.00	790	2
Heifers	Medium and Large 2	—	420	120.01/cwt	119.00–121.00	504	2
Heifers	Medium and Large 2	—	465	122.72/cwt	121.00–126.00	571	4
Steers	Medium and Large 2	—	620	125.00/cwt	125.00–125.00	775	1
Heifers	Medium and Large 2	—	300	125.00/cwt	125.00–125.00	375	1
Heifers	Medium and Large 1	—	568	126.34/cwt	126.00–127.00	718	3
Cow-Calf Pairs	Medium and Large 2	—	966	1,258.40/cwt	1,100.00–1,385.00	12,156	12
Cow-Calf Pairs	Medium and Large 2	—	1,118	1,373.47/cwt	1,320.00–1,420.00	15,355	4
Bred Cows	Medium and Large 2	—	912	849.54/cwt	750.00–900.00	7,748	3
Bred Cows	Medium and Large 2	—	795	860.00/cwt	860.00–860.00	6,837	1
Bred Cows	Medium and Large 2	—	1,113	1,031.97/cwt	900.00–1,125.00	11,486	2

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 May 24, 2021

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

Feeder CattleReceipts 205Last week 148Year ago 234

Slaughter CattleReceipts 55Last week 120Year ago 62

Replacement CattleReceipts 58Last week 407Year ago 98

Good day, as compared to last market feeder calves were steady. Slaughter cows and bulls 2-4 higher.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,416	72.50–75.50	73.65
21	—	1,097	62.50–71.00	66.79
Cows — Lean 85-90%$ per cwt · actual wt
12	—	1,030	49.00–62.00	56.69
Bulls$ per cwt · actual wt
1	—	1,715	97.00	97.00
1	—	1,810	108.00	108.00
1	—	1,100	82.50	82.50

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
4	—	561	138.00–139.00	138.50
3	—	427	156.00–157.00	156.67
2	—	705	132.00	132.00
3	—	472	148.00–152.00	149.67
8	—	942	116.00–117.00	116.12
2	—	523	139.00–146.00	142.48
4	—	660	130.00–134.00	132.26
2	—	323	158.00–161.00	159.58
7	—	610	130.00–139.00	135.53
2	—	370	160.00	160.00
6	—	832	124.00	124.00
Steers — Medium and Large 2$ per cwt · actual wt
5	—	481	130.00–142.00	139.68
1	—	745	117.00	117.00
2	—	418	130.00–140.00	134.91
2	—	365	156.00–157.00	156.49
2	—	583	135.00–136.00	135.51
1	—	620	125.00	125.00
Steers — Medium and Large 1-2$ per cwt · actual wt
24	—	784	127.00	127.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	608	110.00–116.00	112.96
3	—	523	122.00–125.00	123.65
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	488	123.00–125.00	124.01
2	—	578	114.00–115.00	114.49
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	730	111.00	111.00
2	—	308	128.00–130.00	128.98
2	—	463	130.00	130.00
5	—	781	112.00	112.00
11	—	620	112.00–122.00	119.70
2	—	415	129.00–132.00	130.46
3	—	380	127.00–131.00	129.37
4	—	525	122.00–126.00	123.97
3	—	568	126.00–127.00	126.34
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	355	125.00	125.00
2	—	683	105.00–113.00	108.96
1	—	620	115.00	115.00
2	—	420	119.00–121.00	120.01
4	—	465	121.00–126.00	122.72
1	—	300	125.00	125.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	12	—	966	1,100.00–1,385.00	1,258.40
Young (2-4 yrs)	Open	4	—	1,118	1,320.00–1,420.00	1,373.47
Bred Cows — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	3	—	912	750.00–900.00	849.54
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	795	860.00	860.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	1,113	900.00–1,125.00	1,031.97

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

Steers · 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

Slaughter Cattle

Feeder Cattle

Replacement Cattle