Sale reports / Mississippi / Meridian Livestock Auction / 2021-11-15

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 15
● Final55 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
324 head
79 vs last sale 403 68 vs year ago 392 · 17.3%
Slaughter Cattle receipts
43 head
27 vs last sale 70 10 vs year ago 53 · 18.9%
Replacement Cattle receipts
71 head
10 vs last sale 61 17 vs year ago 88 · 19.3%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 higher, slaughter cows and bulls were steady. Do not forget no sales next week in the state, shut down for Thanksgiving.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $132.63/cwt on 73 head.
Average price
$132.63
73 head · 481 lb average
Value per head Derived
$638
Price × average weight ÷ 100
Grade differential Derived
$18
per head · Medium and Large 1-2 over Medium and Large 3
$27.65/cwt at this weight
vs the market
+5.23
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2387151.2758511thin
Medium and Large 1525130.1568442
Medium and Large 2433128.9155815thin
Medium and Large 3459123.625675thin
One grade step is worth $27.65/cwt here — about $18 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 sale73 hd
132.63
MS average13 barns · 1,071 hd
127.40
+5.23
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
BullsAverage1,60483.531,3406thin
CowsBoner 80-85%Low1,17254.346379thin
CowsBreaker 75-80%Average1,42348.846952thin
CowsLean 85-90%Average98345.784509thin

Every lot, as filed

55 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 1377146.51/cwt143.00–148.005528
HeifersMedium and Large 1780113.00/cwt113.00–113.008811
SteersMedium and Large 2556138.50/cwt134.00–140.007704
HeifersMedium and Large 2320133.43/cwt130.00–138.004274
HeifersMedium and Large 1-2310157.00/cwt157.00–157.004874
SteersMedium and Large 3470141.00/cwt141.00–141.006632
SteersMedium and Large 1466165.00/cwt165.00–165.007693
SteersMedium and Large 1600146.00/cwt146.00–146.008763
SteersMedium and Large 1659140.14/cwt135.00–141.0092412
SteersMedium and Large 1372172.31/cwt167.00–175.006413
HeifersMedium and Large 1519124.10/cwt122.00–125.006448
SteersMedium and Large 1325170.08/cwt165.00–176.005533
SteersMedium and Large 1-2435173.00/cwt173.00–173.007537
SteersMedium and Large 2358160.46/cwt154.00–166.005746
SteersMedium and Large 2405147.50/cwt141.00–154.005972
SteersMedium and Large 3388151.00/cwt150.00–152.005863
SteersMedium and Large 2330161.72/cwt160.00–165.005343
SteersMedium and Large 1521158.00/cwt158.00–158.008233
SteersMedium and Large 2523139.48/cwt138.00–141.007292
SteersMedium and Large 1406160.22/cwt155.00–165.006504
SteersMedium and Large 2475148.78/cwt145.00–150.007074
BullsMedium and Large 1715106.00/cwt106.00–106.007581
BullsMedium and Large 1670112.00/cwt112.00–112.007501
BullsMedium and Large 1630114.49/cwt114.00–115.007212
BullsMedium and Large 1473145.37/cwt142.00–149.006882
BullsMedium and Large 1425151.00/cwt151.00–151.006421
BullsMedium and Large 1517132.60/cwt128.00–135.006865
CowsBoner 80-85%1,09852.01/cwt51.50–52.505715
CowsBoner 80-85%1,26557.25/cwt53.50–62.507244
CowsBreaker 75-80%1,42348.84/cwt47.50–50.006952
Bulls1,60483.53/cwt80.00–87.001,3406
CowsLean 85-90%98345.78/cwt42.00–49.004509
Bred CowsMedium and Large 21,293900.79/cwt825.00–990.0011,6476
Cow-Calf PairsMedium and Large 21,1851,098.25/cwt1,040.00–1,150.0013,0144
Bred CowsMedium and Large 2920724.59/cwt710.00–740.006,6662
Bred CowsMedium and Large 21,175916.68/cwt890.00–950.0010,7712
HeifersMedium and Large 1330149.85/cwt145.00–155.004952
HeifersMedium and Large 1453135.68/cwt133.00–140.006153
BullsMedium and Large 2471134.75/cwt130.00–139.006354
BullsMedium and Large 2435137.00/cwt137.00–137.005961
BullsMedium and Large 2583124.35/cwt123.00–126.007253
HeifersMedium and Large 3485122.33/cwt120.00–124.005933
HeifersMedium and Large 2405131.00/cwt131.00–131.005311
HeifersMedium and Large 1-2431148.00/cwt148.00–148.006387
HeifersMedium and Large 2675112.00/cwt112.00–112.007561
HeifersMedium and Large 1570126.00/cwt126.00–126.007181
HeifersMedium and Large 2450131.00/cwt131.00–131.005901
HeifersMedium and Large 1655115.00/cwt115.00–115.007531
HeifersMedium and Large 3420125.55/cwt124.00–127.005272
HeifersMedium and Large 1705120.26/cwt118.00–121.008484
HeifersMedium and Large 1425136.73/cwt133.00–140.005814
SteersMedium and Large 1780130.00/cwt130.00–130.001,0141
HeifersMedium and Large 2536119.75/cwt119.00–120.006424
HeifersMedium and Large 2384136.74/cwt135.00–138.005254
HeifersMedium and Large 1635121.26/cwt113.00–125.0077010

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.