Sale reports / Mississippi / Meridian Livestock Auction / 2021-11-29

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 29
● Final52 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
243 head
81 vs last sale 324 21 vs year ago 264 · 8.0%
Slaughter Cattle receipts
71 head
28 vs last sale 43 50 vs year ago 21 · +238.1%
Replacement Cattle receipts
39 head
32 vs last sale 71 24 vs year ago 15 · +160.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers and heifers were 2-4 higher. Slaughter cows and bulls were steady. Feeder steers and heifers sold in groups are reported in Medium & Large 1-2.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $154.68/cwt on 61 head.
Average price
$154.68
61 head · 516 lb average
Value per head Derived
$798
Price × average weight ÷ 100
Grade differential Derived
−$231
per head · Medium and Large 1 over Medium and Large 1-2
$15.32/cwt at this weight
vs the market
0.86
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1416165.3368818thin
Medium and Large 2400150.8660311thin
Medium and Large 1-2612150.0191932
One grade step is worth $15.32/cwt here — about −$231 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
154.68
MS average7 barns · 712 hd
155.55
−0.86
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
BullsLow1,59773.551,1743thin
CowsBoner 80-85%Average1,11457.6764214
CowsBreaker 75-80%Average1,42955.6979612
CowsLean 85-90%Average1,01442.4543027

Every lot, as filed

52 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 1359173.97/cwt171.00–175.006254
HeifersMedium and Large 1-2582135.51/cwt134.75–136.2578910
HeifersMedium and Large 1-2853115.00/cwt115.00–115.009814
HeifersMedium and Large 1425135.22/cwt132.00–139.005753
SteersMedium and Large 1325172.39/cwt166.00–177.005604
SteersMedium and Large 1-2582153.75/cwt153.75–153.758953
SteersMedium and Large 1603140.98/cwt135.00–147.008502
HeifersMedium and Large 1364153.76/cwt153.00–155.005604
HeifersMedium and Large 1295159.00/cwt159.00–159.004691
SteersMedium and Large 1555149.00/cwt149.00–149.008271
SteersMedium and Large 1-2790129.50/cwt129.50–129.501,0235
SteersMedium and Large 2423146.40/cwt142.00–152.006196
SteersMedium and Large 1-2468162.50/cwt162.50–162.507613
SteersMedium and Large 1Fancy305195.00/cwt195.00–195.005951
HeifersMedium and Large 1527122.55/cwt119.00–128.006469
SteersMedium and Large 1-2628149.00/cwt149.00–149.0093615
SteersMedium and Large 1-2513161.50/cwt161.50–161.508286
SteersMedium and Large 1515150.00/cwt150.00–150.007731
SteersMedium and Large 2312161.73/cwt157.00–165.005053
SteersMedium and Large 2463147.95/cwt146.00–150.006852
BullsMedium and Large 1-2430140.00/cwt140.00–140.006021
BullsMedium and Large 1-2685114.00/cwt114.00–114.007811
BullsMedium and Large 1-2473130.05/cwt120.00–138.0061510
BullsMedium and Large 1-2579121.64/cwt114.00–130.007048
BullsMedium and Large 1-2527124.18/cwt120.00–135.006547
BullsMedium and Large 1-2805100.00/cwt100.00–100.008051
SteersMedium and Large 1420164.87/cwt159.00–171.006924
SteersMedium and Large 1490155.00/cwt155.00–155.007601
HeifersMedium and Large 1708112.51/cwt110.00–115.007972
HeifersMedium and Large 1568120.47/cwt118.00–124.006846
HeifersMedium and Large 1463134.98/cwt129.00–140.006258
HeifersMedium and Large 1626117.52/cwt113.00–123.007364
BullsMedium and Large 1-2613115.98/cwt112.00–120.007114
HeifersMedium and Large 1318157.07/cwt155.00–159.004993
Cow-Calf PairsSmall and Medium 1-2900600.00/cwt600.00–600.005,4002
Cow-Calf PairsMedium and Large 1-21,245600.00/cwt600.00–600.007,4702
Bred CowsSmall and Medium 1-2860422.44/cwt400.00–440.003,6332
Bred CowsMedium and Large 1-21,125600.00/cwt600.00–600.006,7501
Bred CowsSmall and Medium 1-2875500.00/cwt500.00–500.004,3751
Bred CowsMedium and Large 1-21,065520.00/cwt520.00–520.005,5381
Bred CowsMedium and Large 1-21,098799.64/cwt700.00–880.008,7802
Bred CowsMedium and Large 1-21,280850.00/cwt850.00–850.0010,8801
Bred CowsMedium and Large 1-2875500.00/cwt500.00–500.004,3751
Cow-Calf PairsMedium and Large 1-2790630.00/cwt630.00–630.004,9772
Cow-Calf PairsMedium and Large 1-21,315920.00/cwt920.00–920.0012,0982
Bulls1,38065.00/cwt65.00–65.008971
CowsBoner 80-85%1,11457.67/cwt53.00–64.0064214
CowsBreaker 75-80%1,40156.66/cwt52.00–61.0079411
CowsBreaker 75-80%1,73545.00/cwt45.00–45.007811
Bulls1,70577.83/cwt75.00–80.001,3272
CowsLean 85-90%1,01244.78/cwt41.00–51.0045320
CowsLean 85-90%1,01835.78/cwt30.00–41.003647

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.