Sale reports / Mississippi / Meridian Livestock Auction / 2021-06-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 21
● Final61 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
403 head
109 vs last sale 294 110 vs year ago 293 · +37.5%
Slaughter Cattle receipts
69 head
25 vs last sale 44 32 vs year ago 37 · +86.5%
Replacement Cattle receipts
66 head
16 vs last sale 50 11 vs year ago 55 · +20.0%
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Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were steady as well.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $146.40/cwt on 156 head.
Average price
$146.40
156 head · 619 lb average
Value per head Derived
$906
Price × average weight ÷ 100
Grade differential Derived
−$470
per head · Medium and Large 2 over Medium and Large 1-2
$18.03/cwt at this weight
vs the market
+0.43
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2359159.975749thin
Medium and Large 3370153.015662thin
Medium and Large 1595147.01875101
Medium and Large 1-2736141.941,04544
One grade step is worth $18.03/cwt here — about −$470 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 sale156 hd
146.40
MS average13 barns · 963 hd
145.98
+0.43
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
BullsAverage1,64796.671,5924thin
CowsBoner 80-85%High1,22176.4993422
CowsBreaker 75-80%Average1,64370.201,1532thin
CowsLean 85-90%Average98962.5161818

Every lot, as filed

61 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 1517136.11/cwt131.00–138.007046
HeifersMedium and Large 1465136.52/cwt136.00–137.006352
SteersMedium and Large 1895138.00/cwt138.00–138.001,2351
HeifersMedium and Large 1739124.00/cwt124.00–124.009165
HeifersMedium and Large 1-2521140.00/cwt140.00–140.0072912
HeifersMedium and Large 1434139.94/cwt135.00–144.0060713
SteersMedium and Large 1432161.18/cwt159.00–164.006965
HeifersMedium and Large 1800115.00/cwt115.00–115.009202
SteersMedium and Large 1713140.77/cwt140.00–143.001,0044
SteersMedium and Large 1923119.00/cwt119.00–119.001,0988
HeifersMedium and Large 1570134.60/cwt132.00–137.007675
SteersMedium and Large 1605142.20/cwt139.00–145.008605
SteersMedium and Large 1673140.66/cwt135.00–143.0094715
Cow-Calf PairsMedium and Large 21,3601,585.00/cwt1,585.00–1,585.0021,5562
SteersMedium and Large 1375180.00/cwt180.00–180.006751
HeifersMedium and Large 1330142.00/cwt142.00–142.004691
HeifersMedium and Large 1630126.00/cwt126.00–126.007941
BullsMedium and Large 1468131.67/cwt130.00–135.006163
BullsMedium and Large 1650126.00/cwt126.00–126.008191
Cow-Calf PairsMedium and Large 21,4001,385.00/cwt1,385.00–1,385.0019,3902
BullsMedium and Large 1635122.00/cwt122.00–122.007751
Cow-Calf PairsMedium and Large 21,2701,290.00/cwt1,290.00–1,290.0016,3832
SteersMedium and Large 1470158.56/cwt153.00–160.007456
BullsMedium and Large 1567126.04/cwt125.00–128.007153
CowsBoner 80-85%1,26779.54/cwt78.00–81.501,0087
CowsBoner 80-85%1,20075.06/cwt70.00–77.5090115
CowsLean 85-90%1,03665.33/cwt61.00–69.5067712
CowsLean 85-90%89456.88/cwt52.50–60.005096
Bulls1,47391.81/cwt91.00–92.501,3522
Bulls1,820101.53/cwt100.00–103.001,8482
Bred CowsMedium and Large 21,180958.47/cwt900.00–1,000.0011,3102
Cow-Calf PairsMedium and Large 21,3451,320.00/cwt1,320.00–1,320.0017,7542
Cow-Calf PairsMedium and Large 21,3901,450.00/cwt1,450.00–1,450.0020,1552
CowsBreaker 75-80%1,64370.20/cwt67.50–73.001,1532
BullsMedium and Large 2758110.49/cwt106.00–114.008384
Bred CowsMedium and Large 21,2501,085.00/cwt1,085.00–1,085.0013,5631
SteersMedium and Large 2478147.95/cwt146.00–150.007072
HeifersMedium and Large 2532129.01/cwt128.00–130.006863
HeifersMedium and Large 2735118.49/cwt118.00–119.008712
Bred CowsMedium and Large 21,110835.93/cwt750.00–885.009,2793
SteersMedium and Large 1-2681147.00/cwt147.00–147.001,00120
Bred CowsMedium and Large 2960840.00/cwt840.00–840.008,0641
HeifersMedium and Large 2440134.00/cwt134.00–134.005901
HeifersMedium and Large 2375131.42/cwt129.00–135.004933
SteersMedium and Large 2365162.52/cwt162.00–163.005932
SteersMedium and Large 2309163.76/cwt160.00–167.005065
HeifersMedium and Large 1270143.00/cwt143.00–143.003861
SteersMedium and Large 3370153.01/cwt152.00–154.005662
HeifersMedium and Large 2488130.34/cwt129.00–132.006363
BullsMedium and Large 2575122.46/cwt121.00–124.007042
BullsMedium and Large 2690115.00/cwt115.00–115.007941
BullsMedium and Large 2630112.00/cwt112.00–112.007061
SteersMedium and Large 1573149.88/cwt145.00–152.0085924
HeifersMedium and Large 2670116.09/cwt112.00–120.007782
HeifersMedium and Large 1-2550141.00/cwt141.00–141.0077614
SteersMedium and Large 1-2782137.72/cwt135.00–139.001,07724
SteersMedium and Large 1531150.57/cwt147.00–154.0080031
HeifersMedium and Large 1368139.53/cwt138.00–141.005132
SteersMedium and Large 1320172.00/cwt172.00–172.005501
HeifersMedium and Large 2573123.99/cwt120.00–128.007103
HeifersMedium and Large 1667125.33/cwt125.00–127.008366

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.