Sale reports / Mississippi / Meridian Livestock Auction / 2021-05-31

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 31
● Final62 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
311 head
106 vs last sale 205 122 vs year ago 433 · 28.2%
Slaughter Cattle receipts
64 head
9 vs last sale 55 28 vs year ago 36 · +77.8%
Replacement Cattle receipts
49 head
9 vs last sale 58 17 vs year ago 32 · +53.1%
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Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 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 $123.95/cwt on 105 head.
Average price
$123.95
105 head · 538 lb average
Value per head Derived
$667
Price × average weight ÷ 100
Grade differential Derived
$160
per head · Medium and Large 1 over Medium and Large 2
$1.98/cwt at this weight
vs the market
+0.47
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1551124.1668494
Medium and Large 2429122.1852411thin
One grade step is worth $1.98/cwt here — about $160 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
123.95
MS average13 barns · 1,275 hd
123.48
+0.47
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
BullsAverage1,55290.071,3985thin
CowsBoner 80-85%High1,07670.1575515
CowsBreaker 75-80%Average1,28562.678052thin
CowsLean 85-90%Average95756.1853817

Every lot, as filed

62 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 1-2405161.00/cwt161.00–161.006522
HeifersMedium and Large 1586122.27/cwt120.00–126.0071732
HeifersMedium and Large 1694118.38/cwt115.00–119.0082211
SteersMedium and Large 1481149.16/cwt147.00–155.0071710
SteersMedium and Large 1905118.00/cwt118.00–118.001,0681
HeifersMedium and Large 1621120.38/cwt115.00–126.0074810
HeifersMedium and Large 1541124.01/cwt120.00–128.006714
SteersMedium and Large 1745130.00/cwt130.00–130.009691
SteersMedium and Large 1532144.84/cwt140.00–146.007719
BullsMedium and Large 2685111.00/cwt111.00–111.007601
SteersMedium and Large 1434152.29/cwt148.00–158.006617
SteersMedium and Large 1660139.01/cwt136.00–140.009174
BullsMedium and Large 2645115.00/cwt115.00–115.007421
BullsMedium and Large 1780110.00/cwt110.00–110.008581
BullsMedium and Large 1740116.00/cwt116.00–116.008581
HeifersMedium and Large 1710115.00/cwt115.00–115.008171
HeifersMedium and Large 1484128.11/cwt125.00–134.0062020
SteersMedium and Large 1350160.00/cwt160.00–160.005601
SteersMedium and Large 1625136.14/cwt131.00–137.0085122
BullsMedium and Large 1525126.46/cwt125.00–128.006642
BullsMedium and Large 1860105.00/cwt105.00–105.009031
BullsMedium and Large 1472131.02/cwt130.00–133.006183
BullsMedium and Large 1610126.50/cwt122.00–131.007722
Bred CowsMedium and Large 2920850.00/cwt850.00–850.007,8201
Bred CowsMedium and Large 2935779.29/cwt720.00–840.007,2863
CowsLean 85-90%96660.36/cwt57.00–65.0058311
CowsLean 85-90%88852.95/cwt50.50–55.504703
CowsLean 85-90%99244.07/cwt43.00–45.004373
CowsBreaker 75-80%1,28562.67/cwt60.00–64.508052
Bulls1,28581.44/cwt80.00–82.501,0472
Bulls1,73095.82/cwt90.00–98.001,6583
CowsBoner 80-85%1,37375.09/cwt75.00–75.251,0313
CowsBoner 80-85%1,00268.92/cwt66.00–72.0069112
BullsMedium and Large 3570112.00/cwt112.00–112.006381
SteersMedium and Large 2694126.58/cwt124.00–127.008787
Cow-Calf PairsMedium and Large 21,4781,204.31/cwt1,060.00–1,300.0017,8006
Cow-Calf PairsMedium and Large 21,1701,000.00/cwt1,000.00–1,000.0011,7002
Bred CowsMedium and Large 21,000890.00/cwt890.00–890.008,9001
Bred CowsMedium and Large 21,280937.67/cwt895.00–980.0012,0022
HeifersMedium and Large 2345127.00/cwt127.00–127.004385
SteersMedium and Large 2530126.00/cwt126.00–126.006681
Bred CowsMedium and Large 21,035800.00/cwt800.00–800.008,2801
Bred CowsMedium and Large 21,098857.87/cwt825.00–890.009,4192
SteersMedium and Large 3495134.00/cwt134.00–134.006631
SteersMedium and Large 3720105.00/cwt105.00–105.007561
HeifersMedium and Large 2425123.00/cwt123.00–123.005231
SteersMedium and Large 2383153.03/cwt150.00–155.005863
SteersMedium and Large 2486145.43/cwt145.00–147.007077
HeifersMedium and Large 2577113.34/cwt110.00–117.006543
HeifersMedium and Large 2385126.00/cwt126.00–126.004851
SteersMedium and Large 2755125.00/cwt125.00–125.009441
BullsMedium and Large 2540121.00/cwt121.00–121.006531
BullsMedium and Large 2420125.00/cwt125.00–125.005251
SteersMedium and Large 2723127.30/cwt126.00–129.009203
SteersMedium and Large 2575136.00/cwt136.00–136.007822
SteersMedium and Large 2435141.26/cwt137.00–146.006143
HeifersMedium and Large 2450120.00/cwt120.00–120.005401
HeifersMedium and Large 1372132.38/cwt130.00–135.004923
HeifersMedium and Large 1422129.38/cwt126.00–131.0054613
SteersMedium and Large 2615126.54/cwt125.00–128.007782
BullsMedium and Large 2570121.03/cwt120.00–122.006902
BullsMedium and Large 2480123.00/cwt123.00–123.005902

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.