Sale reports / Mississippi / Meridian Livestock Auction / 2021-10-25

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 25
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
185 head
336 vs last sale 521 74 vs year ago 259 · 28.6%
Slaughter Cattle receipts
65 head
2 vs last sale 67 24 vs year ago 41 · +58.5%
Replacement Cattle receipts
338 head
305 vs last sale 33 300 vs year ago 38 · +789.5%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 higher, slaughter cows and bulls were 2-4 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $154.11/cwt on 61 head.
Average price
$154.11
61 head · 444 lb average
Value per head Derived
$685
Price × average weight ÷ 100
Grade differential Derived
$106
per head · Medium and Large 1 over Medium and Large 3
$8.64/cwt at this weight
vs the market
+9.64
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1453156.4970929
Medium and Large 2446153.3268424
Medium and Large 3408147.856038thin
One grade step is worth $8.64/cwt here — about $106 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 sale61 hd
154.11
MS average13 barns · 839 hd
144.48
+9.64
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
BullsLow1,60985.141,37010
CowsBoner 80-85%Average1,23462.3677010
CowsLean 85-90%Low1,07347.6051014

Every lot, as filed

67 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 2678112.56/cwt110.00–115.007632
SteersMedium and Large 1326171.68/cwt167.00–175.005607
HeifersMedium and Large 3370126.00/cwt126.00–126.004661
HeifersMedium and Large 1466126.22/cwt125.00–129.005884
HeifersMedium and Large 1760115.00/cwt115.00–115.008741
HeifersMedium and Large 1421129.55/cwt127.00–133.005457
HeifersMedium and Large 1318142.45/cwt140.00–148.004536
SteersMedium and Large 2368162.81/cwt160.00–164.005996
HeifersMedium and Large 1735116.00/cwt116.00–116.008532
SteersMedium and Large 1635129.00/cwt129.00–129.008192
SteersMedium and Large 1365165.00/cwt165.00–165.006021
SteersMedium and Large 1260170.00/cwt170.00–170.004421
SteersMedium and Large 1522149.68/cwt147.00–157.007818
SteersMedium and Large 1473159.01/cwt158.00–160.007522
SteersMedium and Large 1420161.35/cwt160.00–163.006786
SteersMedium and Large 2240163.00/cwt163.00–163.003911
SteersMedium and Large 2320161.50/cwt160.00–163.005172
SteersMedium and Large 3530134.97/cwt132.00–138.007152
SteersMedium and Large 3390154.50/cwt154.00–155.006032
SteersMedium and Large 1660129.97/cwt128.00–132.008582
SteersMedium and Large 3470145.00/cwt145.00–145.006821
SteersMedium and Large 2665122.00/cwt122.00–122.008111
SteersMedium and Large 2535141.00/cwt141.00–141.007541
SteersMedium and Large 2480152.49/cwt148.00–156.007328
SteersMedium and Large 2580141.63/cwt139.00–143.008213
SteersMedium and Large 2423154.51/cwt154.00–155.006542
SteersMedium and Large 3317152.96/cwt150.00–155.004853
BullsMedium and Large 1617119.92/cwt115.00–125.007403
BullsMedium and Large 1443146.99/cwt145.00–149.006512
BullsMedium and Large 1517134.25/cwt130.00–138.006947
BullsMedium and Large 1563133.52/cwt130.00–136.007524
BullsMedium and Large 1677116.32/cwt114.00–118.007873
BullsMedium and Large 1713112.54/cwt110.00–115.008022
CowsBoner 80-85%1,23462.36/cwt59.00–66.0077010
CowsLean 85-90%1,08642.73/cwt38.50–45.504645
CowsLean 85-90%1,06550.30/cwt46.00–54.505369
Bulls1,59584.50/cwt84.50–84.501,3482
Bulls1,19073.12/cwt71.50–75.008702
Bulls1,75489.36/cwt85.00–94.001,5676
Bred CowsMedium and Large 21,199991.10/cwt850.00–1,050.0011,8835
Bred CowsMedium and Large 11,3191,296.04/cwt1,025.00–1,550.0017,09516
Bred CowsMedium and Large 11,2601,150.00/cwt1,150.00–1,150.0014,4901
Bred CowsMedium and Large 21,2801,049.40/cwt1,000.00–1,125.0013,4324
Bred CowsMedium and Large 21,010975.00/cwt975.00–975.009,8481
Cow-Calf PairsMedium and Large 21,5001,010.00/cwt1,010.00–1,010.0015,1502
Bred CowsMedium and Large 11,3101,400.00/cwt1,400.00–1,400.0018,3401
Cow-Calf PairsMedium and Large 11,2351,412.50/cwt1,300.00–1,525.0017,4444
Cow-Calf PairsMedium and Large 11,6001,650.00/cwt1,650.00–1,650.0026,4002
Cow-Calf PairsMedium and Large 11,5881,371.07/cwt1,220.00–1,550.0021,7738
Cow-Calf PairsMedium and Large 11,2951,410.00/cwt1,410.00–1,410.0018,2602
Bred CowsMedium and Large 11,2061,343.01/cwt1,200.00–1,550.0016,1974
Bred CowsMedium and Large 11,1381,316.33/cwt1,250.00–1,350.0014,9803
HeifersMedium and Large 2467121.40/cwt119.00–124.005673
BullsMedium and Large 2473134.97/cwt133.00–137.006382
BullsMedium and Large 2525123.57/cwt121.00–126.006492
BullsMedium and Large 1474142.44/cwt140.00–145.006754
HeifersMedium and Large 2360133.50/cwt133.00–134.004812
BullsMedium and Large 2565123.63/cwt121.00–128.006993
HeifersMedium and Large 2445124.00/cwt124.00–124.005521
HeifersMedium and Large 2619110.48/cwt106.00–116.006844
HeifersMedium and Large 2590117.33/cwt115.00–119.006923
HeifersMedium and Large 2320133.97/cwt132.00–135.004293
HeifersMedium and Large 1289142.86/cwt139.00–145.004137
BullsMedium and Large 2435136.00/cwt136.00–136.005921
HeifersMedium and Large 1621120.02/cwt117.00–125.007455
HeifersMedium and Large 1560124.49/cwt124.00–125.006974
HeifersMedium and Large 1519122.02/cwt120.00–123.006334

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.