Sale reports / Mississippi / Meridian Livestock Auction / 2021-09-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 27
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
359 head
86 vs last sale 445 11 vs year ago 348 · +3.2%
Slaughter Cattle receipts
33 head
41 vs last sale 74 42 vs year ago 75 · 56.0%
Replacement Cattle receipts
69 head
24 vs last sale 93 30 vs year ago 39 · +76.9%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 lower. Slaughter cows and bulls were 3-5 lower as well.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $124.17/cwt on 71 head.
Average price
$124.17
71 head · 504 lb average
Value per head Derived
$626
Price × average weight ÷ 100
Grade differential Derived
$234
per head · Medium and Large 1 over Medium and Large 3
$1.03/cwt at this weight
vs the market
+0.85
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1540124.3667250
Medium and Large 2429123.7853118thin
Medium and Large 3355123.334383thin
One grade step is worth $1.03/cwt here — about $234 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 sale71 hd
124.17
MS average13 barns · 1,099 hd
123.32
+0.85
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
BullsAverage1,62584.511,3734thin
CowsBoner 80-85%Average1,13857.8565810
CowsLean 85-90%Very Low97945.2044312

Every lot, as filed

58 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 3545122.00/cwt122.00–122.006651
SteersMedium and Large 3350130.00/cwt130.00–130.004551
HeifersMedium and Large 1464131.59/cwt125.00–134.006117
HeifersMedium and Large 2435120.34/cwt119.00–122.005233
SteersMedium and Large 1625129.93/cwt125.00–133.008123
SteersMedium and Large 1327152.78/cwt150.00–158.005003
SteersMedium and Large 2576132.19/cwt130.00–134.007616
SteersMedium and Large 2518138.38/cwt133.00–140.007175
HeifersMedium and Large 1905107.00/cwt107.00–107.009681
HeifersMedium and Large 1750111.00/cwt111.00–111.008331
SteersMedium and Large 1820121.00/cwt121.00–121.009921
SteersMedium and Large 3410128.98/cwt128.00–130.005292
SteersMedium and Large 2478139.60/cwt134.00–144.006674
SteersMedium and Large 1477150.68/cwt146.00–155.007196
SteersMedium and Large 1508146.54/cwt144.00–150.007444
SteersMedium and Large 1384156.22/cwt154.00–160.006004
SteersMedium and Large 2620120.00/cwt120.00–120.007441
SteersMedium and Large 2340148.00/cwt148.00–148.005031
SteersMedium and Large 3573121.00/cwt121.00–121.006932
SteersMedium and Large 2675120.50/cwt120.00–121.008132
SteersMedium and Large 2423137.59/cwt133.00–142.005823
SteersMedium and Large 2370144.59/cwt142.00–149.005353
SteersMedium and Large 1433149.09/cwt145.00–153.006467
BullsMedium and Large 1560117.00/cwt117.00–117.006551
BullsMedium and Large 1508120.24/cwt118.00–124.006114
BullsMedium and Large 1468129.67/cwt129.00–130.006073
BullsMedium and Large 1650108.00/cwt106.00–110.007022
BullsMedium and Large 1440125.50/cwt124.00–127.005522
BullsMedium and Large 1717107.03/cwt105.00–111.007676
CowsBoner 80-85%1,13857.85/cwt54.50–61.0065810
Bulls1,72585.35/cwt84.50–86.001,4723
Bulls1,32582.00/cwt82.00–82.001,0871
CowsLean 85-90%1,02533.50/cwt33.50–33.503431
CowsLean 85-90%82837.91/cwt36.00–40.003143
CowsLean 85-90%1,03049.39/cwt45.00–54.005098
Bred CowsMedium and Large 2990950.00/cwt950.00–950.009,4051
Bred CowsMedium and Large 11,0251,410.00/cwt1,410.00–1,410.0014,4531
Bred CowsMedium and Large 11,0981,545.56/cwt1,375.00–1,660.0016,9706
Bred CowsMedium and Large 29241,021.95/cwt1,000.00–1,050.009,4434
Cow-Calf PairsMedium and Large 21,070900.00/cwt900.00–900.009,6302
BullsMedium and Large 1785104.00/cwt104.00–104.008161
HeifersMedium and Large 1815106.46/cwt103.00–110.008682
BullsMedium and Large 2445115.00/cwt115.00–115.005121
BullsMedium and Large 2589112.13/cwt111.00–117.006605
BullsMedium and Large 2519115.58/cwt115.00–117.006005
BullsMedium and Large 1616110.18/cwt106.00–114.006797
HeifersMedium and Large 1437126.28/cwt125.00–128.0055211
HeifersMedium and Large 1570123.58/cwt122.00–124.007047
HeifersMedium and Large 1688118.00/cwt117.00–119.008122
HeifersMedium and Large 2390129.99/cwt126.00–135.005076
HeifersMedium and Large 3375123.49/cwt123.00–124.004632
HeifersMedium and Large 2509115.74/cwt115.00–117.005894
SteersMedium and Large 1963116.00/cwt115.00–117.001,1172
HeifersMedium and Large 1628115.46/cwt110.00–120.007253
HeifersMedium and Large 3315123.00/cwt123.00–123.003871
HeifersMedium and Large 2303129.50/cwt129.00–130.003922
HeifersMedium and Large 2477121.69/cwt121.00–123.005803
HeifersMedium and Large 1527126.84/cwt122.00–130.0066816

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.