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
Bulls—Low1,60985.141,37010
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 2—678112.56/cwt110.00–115.007632
SteersMedium and Large 1—326171.68/cwt167.00–175.005607
HeifersMedium and Large 3—370126.00/cwt126.00–126.004661
HeifersMedium and Large 1—466126.22/cwt125.00–129.005884
HeifersMedium and Large 1—760115.00/cwt115.00–115.008741
HeifersMedium and Large 1—421129.55/cwt127.00–133.005457
HeifersMedium and Large 1—318142.45/cwt140.00–148.004536
SteersMedium and Large 2—368162.81/cwt160.00–164.005996
HeifersMedium and Large 1—735116.00/cwt116.00–116.008532
SteersMedium and Large 1—635129.00/cwt129.00–129.008192
SteersMedium and Large 1—365165.00/cwt165.00–165.006021
SteersMedium and Large 1—260170.00/cwt170.00–170.004421
SteersMedium and Large 1—522149.68/cwt147.00–157.007818
SteersMedium and Large 1—473159.01/cwt158.00–160.007522
SteersMedium and Large 1—420161.35/cwt160.00–163.006786
SteersMedium and Large 2—240163.00/cwt163.00–163.003911
SteersMedium and Large 2—320161.50/cwt160.00–163.005172
SteersMedium and Large 3—530134.97/cwt132.00–138.007152
SteersMedium and Large 3—390154.50/cwt154.00–155.006032
SteersMedium and Large 1—660129.97/cwt128.00–132.008582
SteersMedium and Large 3—470145.00/cwt145.00–145.006821
SteersMedium and Large 2—665122.00/cwt122.00–122.008111
SteersMedium and Large 2—535141.00/cwt141.00–141.007541
SteersMedium and Large 2—480152.49/cwt148.00–156.007328
SteersMedium and Large 2—580141.63/cwt139.00–143.008213
SteersMedium and Large 2—423154.51/cwt154.00–155.006542
SteersMedium and Large 3—317152.96/cwt150.00–155.004853
BullsMedium and Large 1—617119.92/cwt115.00–125.007403
BullsMedium and Large 1—443146.99/cwt145.00–149.006512
BullsMedium and Large 1—517134.25/cwt130.00–138.006947
BullsMedium and Large 1—563133.52/cwt130.00–136.007524
BullsMedium and Large 1—677116.32/cwt114.00–118.007873
BullsMedium and Large 1—713112.54/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
Bulls——1,59584.50/cwt84.50–84.501,3482
Bulls——1,19073.12/cwt71.50–75.008702
Bulls——1,75489.36/cwt85.00–94.001,5676
Bred CowsMedium and Large 2—1,199991.10/cwt850.00–1,050.0011,8835
Bred CowsMedium and Large 1—1,3191,296.04/cwt1,025.00–1,550.0017,09516
Bred CowsMedium and Large 1—1,2601,150.00/cwt1,150.00–1,150.0014,4901
Bred CowsMedium and Large 2—1,2801,049.40/cwt1,000.00–1,125.0013,4324
Bred CowsMedium and Large 2—1,010975.00/cwt975.00–975.009,8481
Cow-Calf PairsMedium and Large 2—1,5001,010.00/cwt1,010.00–1,010.0015,1502
Bred CowsMedium and Large 1—1,3101,400.00/cwt1,400.00–1,400.0018,3401
Cow-Calf PairsMedium and Large 1—1,2351,412.50/cwt1,300.00–1,525.0017,4444
Cow-Calf PairsMedium and Large 1—1,6001,650.00/cwt1,650.00–1,650.0026,4002
Cow-Calf PairsMedium and Large 1—1,5881,371.07/cwt1,220.00–1,550.0021,7738
Cow-Calf PairsMedium and Large 1—1,2951,410.00/cwt1,410.00–1,410.0018,2602
Bred CowsMedium and Large 1—1,2061,343.01/cwt1,200.00–1,550.0016,1974
Bred CowsMedium and Large 1—1,1381,316.33/cwt1,250.00–1,350.0014,9803
HeifersMedium and Large 2—467121.40/cwt119.00–124.005673
BullsMedium and Large 2—473134.97/cwt133.00–137.006382
BullsMedium and Large 2—525123.57/cwt121.00–126.006492
BullsMedium and Large 1—474142.44/cwt140.00–145.006754
HeifersMedium and Large 2—360133.50/cwt133.00–134.004812
BullsMedium and Large 2—565123.63/cwt121.00–128.006993
HeifersMedium and Large 2—445124.00/cwt124.00–124.005521
HeifersMedium and Large 2—619110.48/cwt106.00–116.006844
HeifersMedium and Large 2—590117.33/cwt115.00–119.006923
HeifersMedium and Large 2—320133.97/cwt132.00–135.004293
HeifersMedium and Large 1—289142.86/cwt139.00–145.004137
BullsMedium and Large 2—435136.00/cwt136.00–136.005921
HeifersMedium and Large 1—621120.02/cwt117.00–125.007455
HeifersMedium and Large 1—560124.49/cwt124.00–125.006974
HeifersMedium and Large 1—519122.02/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.