Sale reports / Mississippi / Meridian Livestock Auction / 2022-01-10

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 10
● Final65 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
354 head
240 vs last sale 114 81 vs year ago 273 · +29.7%
Slaughter Cattle receipts
22 head
3 vs last sale 25 6 vs year ago 16 · +37.5%
Replacement Cattle receipts
36 head
1 vs last sale 35 32 vs year ago 4 · +800.0%
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Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 2-8 higher, slaughter cows 2-4 higher and bulls steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $169.24/cwt on 150 head.
Average price
$169.24
150 head · 545 lb average
Value per head Derived
$922
Price × average weight ÷ 100
Grade differential Derived
−$247
per head · Medium and Large 2 over Medium and Large 1-2
$11.10/cwt at this weight
vs the market
2.89
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2445175.8578243
Medium and Large 1571169.4396842
Medium and Large 3471164.7877513thin
Medium and Large 1-2625164.751,03052
One grade step is worth $11.10/cwt here — about −$247 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 sale150 hd
169.24
MS average12 barns · 940 hd
172.13
−2.89
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
BullsAverage1,57188.991,3984thin
CowsBoner 80-85%Average1,10168.927596thin
CowsBreaker 75-80%Average1,38565.059012thin
CowsLean 85-90%Low1,02858.366007thin

Every lot, as filed

65 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 2225188.00/cwt188.00–188.004231
HeifersMedium and Large 1615135.52/cwt133.00–138.008332
SteersMedium and Large 2368186.16/cwt183.00–190.006856
SteersMedium and Large 3570142.00/cwt142.00–142.008091
SteersMedium and Large 2423184.57/cwt179.00–188.007817
SteersMedium and Large 3484165.59/cwt154.00–170.008017
SteersMedium and Large 2675149.00/cwt149.00–149.001,0061
SteersMedium and Large 1620159.29/cwt157.00–162.009883
SteersMedium and Large 2571160.99/cwt154.00–168.009197
SteersMedium and Large 2477177.71/cwt175.00–184.008487
SteersMedium and Large 2537163.52/cwt162.00–164.008786
SteersMedium and Large 3432168.19/cwt166.00–170.007275
SteersMedium and Large 11,150105.00/cwt105.00–105.001,2081
SteersMedium and Large 2275180.36/cwt178.00–183.004962
SteersMedium and Large 2326183.79/cwt178.00–190.005996
SteersMedium and Large 1667157.30/cwt152.00–160.001,0497
SteersMedium and Large 1930132.44/cwt129.00–136.001,2322
SteersMedium and Large 1-2855133.99/cwt130.00–138.001,1466
SteersMedium and Large 1328199.25/cwt193.00–203.006545
SteersMedium and Large 1-2732152.00/cwt152.00–152.001,1139
SteersMedium and Large 1995118.00/cwt118.00–118.001,1741
SteersMedium and Large 1516172.08/cwt168.00–180.008888
SteersMedium and Large 1-2521185.74/cwt184.00–186.0096816
SteersMedium and Large 1-2593163.00/cwt163.00–163.0096721
SteersMedium and Large 1870135.00/cwt135.00–135.001,1751
SteersMedium and Large 1245200.00/cwt200.00–200.004901
BullsMedium and Large 2563134.93/cwt130.00–140.007602
BullsMedium and Large 2640124.00/cwt124.00–124.007941
BullsMedium and Large 2510141.00/cwt141.00–141.007191
BullsMedium and Large 2400153.00/cwt153.00–153.006121
BullsMedium and Large 1625140.50/cwt135.00–146.008782
BullsMedium and Large 1483163.48/cwt160.00–167.007902
CowsLean 85-90%98053.82/cwt52.50–55.005272
CowsLean 85-90%1,04760.17/cwt57.50–64.506305
CowsBreaker 75-80%1,38565.05/cwt63.50–66.509012
CowsBoner 80-85%1,10168.92/cwt66.00–73.007596
Bulls1,39885.22/cwt85.00–85.501,1912
Bulls1,74392.76/cwt91.00–94.501,6172
Bred CowsMedium and Large 21,098952.51/cwt875.00–1,025.0010,4594
Cow-Calf PairsMedium and Large 1-21,3551,240.00/cwt1,240.00–1,240.0016,8022
Cow-Calf PairsMedium and Large 1-21,0531,075.55/cwt1,025.00–1,120.0011,3264
BullsMedium and Large 2765124.00/cwt124.00–124.009491
HeifersMedium and Large 2775117.00/cwt117.00–117.009071
HeifersMedium and Large 2450143.00/cwt143.00–143.006441
HeifersMedium and Large 2300148.00/cwt148.00–148.004441
HeifersMedium and Large 1380150.97/cwt149.00–154.005743
BullsMedium and Large 2485154.02/cwt153.00–155.007472
HeifersMedium and Large 1-2445165.00/cwt165.00–165.007342
HeifersMedium and Large 1-2592148.00/cwt148.00–148.008766
HeifersMedium and Large 2393144.37/cwt141.00–146.005678
HeifersMedium and Large 1-2482163.16/cwt162.00–164.007867
HeifersMedium and Large 2550131.00/cwt131.00–131.007211
HeifersMedium and Large 2508140.00/cwt140.00–140.007113
HeifersMedium and Large 1560149.00/cwt147.00–150.008343
HeifersMedium and Large 2428142.29/cwt140.00–144.006093
HeifersMedium and Large 1810120.00/cwt120.00–120.009721
HeifersMedium and Large 1700136.00/cwt136.00–136.009521
HeifersMedium and Large 1420147.57/cwt145.00–150.006205
HeifersMedium and Large 1-2523160.00/cwt160.00–160.008376
SteersMedium and Large 1374198.57/cwt193.00–203.007437
HeifersMedium and Large 1-2645140.00/cwt140.00–140.0090312
SteersMedium and Large 1768139.11/cwt128.00–150.001,0682
SteersMedium and Large 1808136.53/cwt133.00–140.001,1032
SteersMedium and Large 1400200.00/cwt200.00–200.008002
HeifersMedium and Large 1488152.24/cwt148.00–154.007435

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.