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
Bulls—Average1,61481.701,31911
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 2—371133.37/cwt131.00–135.004955
HeifersMedium and Large 2—343131.01/cwt130.00–132.004492
HeifersMedium and Large 1—365143.60/cwt141.00–146.005242
HeifersMedium and Large 2—563121.07/cwt117.00–124.006823
HeifersMedium and Large 1—423137.22/cwt133.00–144.005808
HeifersMedium and Large 1—710119.00/cwt119.00–119.008451
HeifersMedium and Large 1—457132.67/cwt132.00–133.006063
HeifersMedium and Large 1—308143.71/cwt141.00–146.004433
SteersMedium and Large 2—760116.00/cwt116.00–116.008821
SteersMedium and Large 1—625141.00/cwt140.00–142.008812
SteersMedium and Large 1—669138.01/cwt135.00–140.009235
SteersMedium and Large 1—513153.32/cwt150.00–157.007873
SteersMedium and Large 1—320166.95/cwt166.00–168.005342
SteersMedium and Large 1—369166.97/cwt163.00–175.006169
SteersMedium and Large 3—405142.00/cwt142.00–142.005751
SteersMedium and Large 2—564140.94/cwt138.00–143.007954
SteersMedium and Large 2—370157.65/cwt154.00–161.005834
SteersMedium and Large 1—414160.35/cwt158.00–166.006648
SteersMedium and Large 3—690112.00/cwt112.00–112.007731
SteersMedium and Large 1—474159.39/cwt158.00–163.007567
SteersMedium and Large 2—464150.78/cwt144.00–155.007004
SteersMedium and Large 2—620125.90/cwt122.00–130.007812
BullsMedium and Large 1—605125.00/cwt125.00–125.007561
BullsMedium and Large 1—521131.85/cwt130.00–136.006878
BullsMedium and Large 1—558129.50/cwt129.00–130.007232
BullsMedium and Large 1—780110.00/cwt110.00–110.008581
BullsMedium and Large 1—438146.50/cwt140.00–150.006424
BullsMedium and Large 1—733108.66/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
Bulls——1,37976.97/cwt75.50–78.001,0614
Bulls——1,50580.10/cwt79.50–80.751,2063
Bulls——1,93187.64/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 2—1,005720.00/cwt720.00–720.007,2361
Cow-Calf PairsMedium and Large 2—1,4801,095.00/cwt1,095.00–1,095.0016,2062
Bred CowsMedium and Large 2—1,030806.60/cwt750.00–860.008,3082
Bred CowsMedium and Large 2—1,045745.00/cwt745.00–745.007,7851
Bred CowsMedium and Large 1—1,4651,035.32/cwt900.00–1,160.0015,1672
Bred CowsMedium and Large 2—1,213798.24/cwt700.00–885.009,6834
BullsMedium and Large 2—565126.48/cwt125.00–128.007154
HeifersMedium and Large 2—473128.81/cwt126.00–131.006095
HeifersMedium and Large 2—423128.31/cwt127.00–130.005433
BullsMedium and Large 1—650119.00/cwt119.00–119.007741
BullsMedium and Large 1—467146.40/cwt143.00–150.006845
BullsMedium and Large 2—522127.67/cwt127.00–128.006663
HeifersMedium and Large 2—508122.97/cwt121.00–125.006252
HeifersMedium and Large 1—660118.70/cwt115.00–121.007833
HeifersMedium and Large 1—785112.00/cwt112.00–112.008791
HeifersMedium and Large 1—510128.00/cwt128.00–128.006532
BullsMedium and Large 2—440127.00/cwt127.00–127.005591
BullsMedium and Large 2—474132.60/cwt128.00–134.006295
HeifersMedium and Large 3—493123.50/cwt123.00–124.006092
HeifersMedium and Large 1—601121.41/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.