Sale reports / Mississippi / Meridian Livestock Auction / 2021-11-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 1
● Final54 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
452 head
267 vs last sale 185 199 vs year ago 253 · +78.7%
Slaughter Cattle receipts
48 head
17 vs last sale 65 24 vs year ago 24 · +100.0%
Replacement Cattle receipts
56 head
282 vs last sale 338 29 vs year ago 27 · +107.4%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were also steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $154.40/cwt on 64 head.
Average price
$154.40
64 head · 452 lb average
Value per head Derived
$698
Price × average weight ÷ 100
Grade differential Derived
$168
per head · Medium and Large 1 over Medium and Large 3
$8.59/cwt at this weight
vs the market
+9.16
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1485155.3675337
Medium and Large 2409154.1963123
Medium and Large 3399146.775854thin
One grade step is worth $8.59/cwt here — about $168 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 sale64 hd
154.40
MS average13 barns · 887 hd
145.24
+9.16
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
BullsAverage1,50884.751,2786thin
CowsBoner 80-85%Average1,31661.968158thin
CowsBreaker 75-80%Average1,47053.547872thin
CowsLean 85-90%Low1,06746.8049916

Every lot, as filed

54 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 1419161.65/cwt158.00–165.006778
HeifersMedium and Large 1469122.97/cwt122.00–125.005774
HeifersMedium and Large 1695118.00/cwt118.00–118.008202
HeifersMedium and Large 1338130.00/cwt130.00–130.004392
SteersMedium and Large 3440142.03/cwt139.00–145.006252
SteersMedium and Large 3385150.00/cwt150.00–150.005781
SteersMedium and Large 3330153.00/cwt153.00–153.005051
SteersMedium and Large 1373169.13/cwt165.00–172.006316
SteersMedium and Large 1566154.20/cwt154.00–155.008735
SteersMedium and Large 1528154.31/cwt152.00–156.008153
SteersMedium and Large 2460147.72/cwt140.00–153.006803
SteersMedium and Large 1655132.00/cwt132.00–132.008651
SteersMedium and Large 2425154.01/cwt153.00–155.006552
SteersMedium and Large 2660127.00/cwt127.00–127.008381
SteersMedium and Large 2630130.00/cwt130.00–130.008191
SteersMedium and Large 2575140.00/cwt140.00–140.008051
SteersMedium and Large 1604136.74/cwt136.00–141.008267
SteersMedium and Large 2329160.00/cwt154.00–164.005266
SteersMedium and Large 2372159.81/cwt157.00–162.005949
SteersMedium and Large 1725130.00/cwt130.00–130.009431
SteersMedium and Large 1325165.00/cwt165.00–165.005361
BullsMedium and Large 2530129.00/cwt129.00–129.006841
BullsMedium and Large 2470129.48/cwt129.00–130.006092
BullsMedium and Large 1535134.00/cwt134.00–134.007171
BullsMedium and Large 1471137.24/cwt134.00–142.006469
BullsMedium and Large 1424135.38/cwt134.00–138.005745
BullsMedium and Large 1580134.00/cwt134.00–134.007771
CowsLean 85-90%1,00940.57/cwt37.00–43.004097
CowsLean 85-90%1,11251.64/cwt47.50–55.005749
CowsBreaker 75-80%1,47053.54/cwt52.00–55.007872
CowsBoner 80-85%1,31661.96/cwt58.50–65.008158
Bulls1,26079.24/cwt79.00–79.509982
Bulls1,69091.31/cwt89.50–93.001,5432
Bulls1,57583.69/cwt82.50–84.501,3182
Bred HeifersMedium and Large 21,095885.00/cwt885.00–885.009,6911
Bred CowsMedium and Large 11,430980.00/cwt980.00–980.0014,0141
Bred CowsMedium and Large 21,078830.07/cwt800.00–860.008,9482
Bred CowsMedium and Large 11,0051,015.20/cwt1,010.00–1,020.0010,2032
Bred CowsMedium and Large 11,0901,020.00/cwt1,020.00–1,020.0011,1181
Bred CowsMedium and Large 21,130730.00/cwt730.00–730.008,2491
HeifersMedium and Large 2310120.00/cwt120.00–120.003721
HeifersMedium and Large 2474119.51/cwt119.00–120.005664
HeifersMedium and Large 2650109.00/cwt109.00–109.007091
HeifersMedium and Large 2425120.00/cwt120.00–120.005101
BullsMedium and Large 2576123.46/cwt118.00–128.007114
BullsMedium and Large 2430125.00/cwt125.00–125.005381
HeifersMedium and Large 1423124.59/cwt122.00–128.0052710
HeifersMedium and Large 1513126.04/cwt118.00–128.006478
HeifersMedium and Large 1613113.99/cwt112.00–117.006995
HeifersMedium and Large 1580120.00/cwt120.00–120.006965
HeifersMedium and Large 1360132.00/cwt132.00–132.004751
HeifersMedium and Large 2355125.00/cwt125.00–125.004441
SteersMedium and Large 1470161.69/cwt159.00–164.007603
SteersMedium and Large 1293168.51/cwt167.00–170.004942

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.