Sale reports / Mississippi / Meridian Livestock Auction / 2021-11-08

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 8
● Final56 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
403 head
49 vs last sale 452 110 vs year ago 293 · +37.5%
Slaughter Cattle receipts
70 head
22 vs last sale 48 5 vs year ago 75 · 6.7%
Replacement Cattle receipts
61 head
5 vs last sale 56 17 vs year ago 44 · +38.6%
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Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $152.57/cwt on 53 head.
Average price
$152.57
53 head · 479 lb average
Value per head Derived
$732
Price × average weight ÷ 100
Grade differential Derived
$36
per head · Medium and Large 1 over Medium and Large 3
$30.42/cwt at this weight
vs the market
+6.02
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1465157.4273136
Medium and Large 2506144.3573115thin
Medium and Large 3548127.006952thin
One grade step is worth $30.42/cwt here — about $36 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 sale53 hd
152.57
MS average13 barns · 945 hd
146.55
+6.02
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
BullsAverage1,61481.701,31911
CowsBoner 80-85%Average1,32160.8880410
CowsBreaker 75-80%Average1,46048.057023thin
CowsLean 85-90%Low1,03647.4549219

Every lot, as filed

56 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 2371133.37/cwt131.00–135.004955
HeifersMedium and Large 2343131.01/cwt130.00–132.004492
HeifersMedium and Large 1365143.60/cwt141.00–146.005242
HeifersMedium and Large 2563121.07/cwt117.00–124.006823
HeifersMedium and Large 1423137.22/cwt133.00–144.005808
HeifersMedium and Large 1710119.00/cwt119.00–119.008451
HeifersMedium and Large 1457132.67/cwt132.00–133.006063
HeifersMedium and Large 1308143.71/cwt141.00–146.004433
SteersMedium and Large 2760116.00/cwt116.00–116.008821
SteersMedium and Large 1625141.00/cwt140.00–142.008812
SteersMedium and Large 1669138.01/cwt135.00–140.009235
SteersMedium and Large 1513153.32/cwt150.00–157.007873
SteersMedium and Large 1320166.95/cwt166.00–168.005342
SteersMedium and Large 1369166.97/cwt163.00–175.006169
SteersMedium and Large 3405142.00/cwt142.00–142.005751
SteersMedium and Large 2564140.94/cwt138.00–143.007954
SteersMedium and Large 2370157.65/cwt154.00–161.005834
SteersMedium and Large 1414160.35/cwt158.00–166.006648
SteersMedium and Large 3690112.00/cwt112.00–112.007731
SteersMedium and Large 1474159.39/cwt158.00–163.007567
SteersMedium and Large 2464150.78/cwt144.00–155.007004
SteersMedium and Large 2620125.90/cwt122.00–130.007812
BullsMedium and Large 1605125.00/cwt125.00–125.007561
BullsMedium and Large 1521131.85/cwt130.00–136.006878
BullsMedium and Large 1558129.50/cwt129.00–130.007232
BullsMedium and Large 1780110.00/cwt110.00–110.008581
BullsMedium and Large 1438146.50/cwt140.00–150.006424
BullsMedium and Large 1733108.66/cwt106.00–111.007963
CowsBoner 80-85%1,32160.88/cwt58.00–65.0080410
CowsLean 85-90%1,06539.98/cwt38.00–43.004264
CowsBreaker 75-80%1,46048.05/cwt42.00–51.507023
Bulls1,37976.97/cwt75.50–78.001,0614
Bulls1,50580.10/cwt79.50–80.751,2063
Bulls1,93187.64/cwt85.50–88.501,6924
CowsLean 85-90%1,03250.65/cwt46.50–56.5052314
CowsLean 85-90%98532.50/cwt32.50–32.503201
Bred CowsMedium and Large 21,005720.00/cwt720.00–720.007,2361
Cow-Calf PairsMedium and Large 21,4801,095.00/cwt1,095.00–1,095.0016,2062
Bred CowsMedium and Large 21,030806.60/cwt750.00–860.008,3082
Bred CowsMedium and Large 21,045745.00/cwt745.00–745.007,7851
Bred CowsMedium and Large 11,4651,035.32/cwt900.00–1,160.0015,1672
Bred CowsMedium and Large 21,213798.24/cwt700.00–885.009,6834
BullsMedium and Large 2565126.48/cwt125.00–128.007154
HeifersMedium and Large 2473128.81/cwt126.00–131.006095
HeifersMedium and Large 2423128.31/cwt127.00–130.005433
BullsMedium and Large 1650119.00/cwt119.00–119.007741
BullsMedium and Large 1467146.40/cwt143.00–150.006845
BullsMedium and Large 2522127.67/cwt127.00–128.006663
HeifersMedium and Large 2508122.97/cwt121.00–125.006252
HeifersMedium and Large 1660118.70/cwt115.00–121.007833
HeifersMedium and Large 1785112.00/cwt112.00–112.008791
HeifersMedium and Large 1510128.00/cwt128.00–128.006532
BullsMedium and Large 2440127.00/cwt127.00–127.005591
BullsMedium and Large 2474132.60/cwt128.00–134.006295
HeifersMedium and Large 3493123.50/cwt123.00–124.006092
HeifersMedium and Large 1601121.41/cwt120.00–125.007305

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.