Sale reports / Mississippi / Meridian Livestock Auction / 2021-10-18

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 18
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
521 head
▲ 132 vs last sale 389▲ 22 vs year ago 499 · +4.4%
Slaughter Cattle receipts
67 head
▲ 21 vs last sale 46▲ 27 vs year ago 40 · +67.5%
Replacement Cattle receipts
33 head
▼ 7 vs last sale 40▼ 16 vs year ago 49 · −32.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 2-5 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 $148.89/cwt on 111 head.
Average price
$148.89
111 head · 506 lb average
Value per head Derived
$754
Price × average weight ÷ 100
Grade differential Derived
$325
per head · Medium and Large 1-2 over Medium and Large 3
$27.06/cwt at this weight
vs the market
+5.75
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2598157.0693916thin
Medium and Large 1486149.4972780
Medium and Large 2521138.0571913thin
Medium and Large 3473130.006142thin
One grade step is worth $27.06/cwt here — about $325 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 sale111 hd
148.89
—
MS average11 barns · 925 hd
143.14
+5.75
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—Low1,52776.931,1756thin
CowsBoner 80-85%Average1,19960.4272410
CowsBreaker 75-80%Average1,63850.928342thin
CowsLean 85-90%Low1,08549.3253519

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 2—710114.00/cwt114.00–114.008091
SteersMedium and Large 1-2—629154.00/cwt154.00–154.009699
SteersMedium and Large 1-2—558161.00/cwt161.00–161.008987
HeifersMedium and Large 2—466122.59/cwt121.00–125.005715
HeifersMedium and Large 1—372135.05/cwt134.00–136.0050212
SteersMedium and Large 1—367160.30/cwt153.00–164.0058811
SteersMedium and Large 1—325159.22/cwt156.00–164.0051711
SteersMedium and Large 3—525125.00/cwt125.00–125.006561
SteersMedium and Large 3—420135.00/cwt135.00–135.005671
HeifersMedium and Large 1—605116.75/cwt115.00–118.007068
HeifersMedium and Large 1—469129.37/cwt127.00–135.006077
SteersMedium and Large 2—640125.00/cwt125.00–125.008001
SteersMedium and Large 2—381150.52/cwt150.00–152.005734
SteersMedium and Large 2—567137.99/cwt137.00–139.007823
SteersMedium and Large 2—678124.98/cwt123.00–127.008472
SteersMedium and Large 1—622131.23/cwt129.00–137.008165
SteersMedium and Large 1—766120.00/cwt120.00–120.009194
SteersMedium and Large 1—661128.00/cwt128.00–128.008464
SteersMedium and Large 1—810116.00/cwt116.00–116.009401
SteersMedium and Large 2—418144.83/cwt141.00–149.006052
SteersMedium and Large 1—528146.24/cwt141.00–152.007728
SteersMedium and Large 1—554145.18/cwt143.00–153.008046
SteersMedium and Large 1—700130.00/cwt130.00–130.009101
BullsMedium and Large 2—474133.83/cwt130.00–136.006345
BullsMedium and Large 2—628110.51/cwt109.00–112.006942
BullsMedium and Large 1—613126.00/cwt125.00–127.007722
BullsMedium and Large 1—420149.00/cwt149.00–149.006261
BullsMedium and Large 1—466142.96/cwt140.00–150.006666
BullsMedium and Large 1—508132.75/cwt131.00–135.006744
CowsBoner 80-85%—1,19960.42/cwt58.00–64.0072410
CowsLean 85-90%—1,06646.27/cwt40.00–49.0049311
CowsLean 85-90%—1,11153.51/cwt50.00–56.505948
CowsBreaker 75-80%—1,63850.92/cwt50.00–52.008342
Bulls——1,15367.82/cwt67.00–68.507822
Bulls——1,60575.50/cwt75.50–75.501,2121
Bulls——1,75083.49/cwt80.50–87.501,4613
Bred CowsMedium and Large 1—1,2651,000.00/cwt1,000.00–1,000.0012,6501
Bred CowsMedium and Large 2—888764.37/cwt730.00–790.006,7883
Bred CowsMedium and Large 2—1,142861.77/cwt840.00–890.009,8413
Bred CowsMedium and Large 1—1,2751,000.00/cwt1,000.00–1,000.0012,7501
HeifersMedium and Large 2—554120.55/cwt116.00–125.006689
HeifersMedium and Large 2—388125.00/cwt125.00–125.004852
BullsMedium and Large 2—418134.96/cwt133.00–138.005643
BullsMedium and Large 2—515120.00/cwt120.00–120.006181
HeifersMedium and Large 1—513127.66/cwt125.00–128.0065515
BullsMedium and Large 3—555111.00/cwt111.00–111.006161
HeifersMedium and Large 1—665120.00/cwt120.00–120.007981
HeifersMedium and Large 1—318135.48/cwt135.00–136.004312
HeifersMedium and Large 1—575134.00/cwt134.00–134.007711
BullsMedium and Large 2—568122.95/cwt120.00–126.006985
HeifersMedium and Large 2—417121.68/cwt118.00–124.005075
HeifersMedium and Large 2—530122.31/cwt120.00–124.006483
SteersMedium and Large 1—470155.43/cwt150.00–160.0073124
SteersMedium and Large 1—427155.74/cwt151.00–158.006655
HeifersMedium and Large 1—845105.00/cwt105.00–105.008871
HeifersMedium and Large 2—659111.87/cwt105.00–113.007377
HeifersMedium and Large 2—310126.45/cwt125.00–128.003922
HeifersMedium and Large 1—740119.51/cwt118.00–121.008842

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.