Sale reports / Mississippi / Meridian Livestock Auction / 2021-08-02

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 2
● Final68 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
249 head
▼ 195 vs last sale 444▼ 39 vs year ago 288 · −13.5%
Slaughter Cattle receipts
83 head
▲ 52 vs last sale 31▲ 41 vs year ago 42 · +97.6%
Replacement Cattle receipts
53 head
▲ 43 vs last sale 10▲ 25 vs year ago 28 · +89.3%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-6 higher. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $159.52/cwt on 78 head.
Average price
$159.52
78 head · 527 lb average
Value per head Derived
$841
Price × average weight ÷ 100
Grade differential Derived
$304
per head · Medium and Large 1 over Medium and Large 3
$4.04/cwt at this weight
vs the market
+7.37
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1555160.0588960
Medium and Large 2457158.4472513thin
Medium and Large 3375156.005855thin
One grade step is worth $4.04/cwt here — about $304 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 sale78 hd
159.52
—
MS average12 barns · 1,538 hd
152.15
+7.37
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—Low1,66088.291,4666thin
CowsBoner 80-85%Average1,17769.7782119
CowsBreaker 75-80%Average1,36168.489324thin
CowsLean 85-90%Low97659.7258321

Every lot, as filed

68 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 1—621131.19/cwt130.00–132.008155
HeifersMedium and Large 2—385141.00/cwt141.00–141.005431
HeifersMedium and Large 2—330145.00/cwt145.00–145.004791
HeifersMedium and Large 2—760121.00/cwt121.00–121.009201
HeifersMedium and Large 1—372151.90/cwt149.00–154.005655
SteersMedium and Large 1—650145.00/cwt145.00–145.009432
HeifersMedium and Large 1—416142.24/cwt137.00–147.005927
BullsMedium and Large 2—490138.00/cwt138.00–138.006761
HeifersMedium and Large 2—520128.00/cwt128.00–128.006661
HeifersMedium and Large 1—270150.15/cwt145.00–155.004053
SteersMedium and Large 1—768134.50/cwt134.00–135.001,0332
BullsMedium and Large 1—435153.52/cwt145.00–160.006683
SteersMedium and Large 1—205180.00/cwt180.00–180.003691
HeifersMedium and Large 1—307148.28/cwt142.00–157.004553
HeifersMedium and Large 1—230151.00/cwt151.00–151.003471
HeifersMedium and Large 1—526133.19/cwt130.00–137.007015
SteersMedium and Large 1—323188.43/cwt183.00–191.006095
SteersMedium and Large 1—359186.55/cwt183.00–193.006707
SteersMedium and Large 1—265186.98/cwt186.00–188.004952
SteersMedium and Large 1—513162.61/cwt159.00–164.008349
SteersMedium and Large 1—485169.72/cwt164.00–171.008238
SteersMedium and Large 1—425176.65/cwt176.00–178.007513
SteersMedium and Large 1—618151.41/cwt147.00–154.009364
SteersMedium and Large 1—1,056114.00/cwt114.00–114.001,2045
BullsMedium and Large 1—623117.93/cwt112.00–124.007352
SteersMedium and Large 1—567153.98/cwt153.00–156.008733
BullsMedium and Large 1—528146.29/cwt135.00–150.007727
BullsMedium and Large 1—481153.57/cwt150.00–158.007394
CowsBoner 80-85%—1,17770.04/cwt64.00–72.5082418
CowsLean 85-90%Light Weight—80050.70/cwt50.00–52.004063
CowsLean 85-90%Light Weight—81563.00/cwt63.00–63.005131
CowsLean 85-90%—1,07265.25/cwt61.50–68.5069911
CowsLean 85-90%—94348.00/cwt47.50–48.504532
Bulls——1,29376.62/cwt72.50–79.509912
Bulls——1,84494.13/cwt90.00–98.501,7364
CowsLean 85-90%—90356.34/cwt53.00–59.505094
SteersMedium and Large 3—340160.00/cwt160.00–160.005441
BullsMedium and Large 1—720117.26/cwt113.00–121.008443
Bred CowsMedium and Large 2—1,053774.58/cwt750.00–800.008,1562
CowsBreaker 75-80%—1,34871.30/cwt68.00–73.009613
BullsMedium and Large 1—670118.00/cwt118.00–118.007911
Cow-Calf PairsMedium and Large 1—1,5251,713.53/cwt1,500.00–1,900.0026,13122
SteersMedium and Large 3—365156.67/cwt153.00–160.005723
SteersMedium and Large 2—260173.00/cwt173.00–173.004501
CowsBreaker 75-80%—1,40060.00/cwt60.00–60.008401
CowsBoner 80-85%—1,17565.00/cwt65.00–65.007641
HeifersMedium and Large 2—483135.22/cwt133.00–137.006535
HeifersMedium and Large 2—565126.47/cwt125.00–128.007152
SteersMedium and Large 2—590150.00/cwt150.00–150.008851
BullsMedium and Large 2—525125.39/cwt120.00–131.006585
Bred CowsMedium and Large 2—1,015854.73/cwt820.00–890.008,6763
Bred CowsMedium and Large 1—1,221991.63/cwt920.00–1,100.0012,1084
SteersMedium and Large 3—440150.00/cwt150.00–150.006601
HeifersMedium and Large 3—390134.44/cwt130.00–139.005242
SteersMedium and Large 2—340175.50/cwt172.00–179.005972
HeifersMedium and Large 1—703128.67/cwt126.00–130.009053
SteersMedium and Large 2—419157.46/cwt155.00–159.006604
HeifersMedium and Large 3—410125.00/cwt125.00–125.005131
BullsMedium and Large 3—550115.00/cwt115.00–115.006331
BullsMedium and Large 3—545115.00/cwt115.00–115.006271
SteersMedium and Large 2—655138.99/cwt138.00–140.009102
HeifersMedium and Large 1—469143.98/cwt138.00–147.0067515
BullsMedium and Large 2—565124.68/cwt122.00–128.007043
SteersMedium and Large 2—477159.30/cwt155.00–163.007603
HeifersMedium and Large 2—645120.00/cwt120.00–120.007741
HeifersMedium and Large 2—438131.51/cwt131.00–132.005762
HeifersMedium and Large 1—566131.01/cwt130.00–132.007424
SteersMedium and Large 1—710139.22/cwt137.00–142.009889

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.