Sale reports / Mississippi / Meridian Livestock Auction / 2022-01-17

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 17
● Final45 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
162 head
192 vs last sale 354 91 vs year ago 253 · 36.0%
Slaughter Cattle receipts
24 head
2 vs last sale 22 29 vs year ago 53 · 54.7%
Replacement Cattle receipts
11 head
25 vs last sale 36 52 vs year ago 63 · 82.5%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were 2-4 higher. Due to the nasty weather just a small offering of cattle.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $147.08/cwt on 52 head.
Average price
$147.08
52 head · 469 lb average
Value per head Derived
$690
Price × average weight ÷ 100
Grade differential Derived
$88
per head · Medium and Large 1 over Medium and Large 3
$18.91/cwt at this weight
vs the market
+1.46
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1474148.9170544
Medium and Large 2441138.026097thin
Medium and Large 3475130.006181thin
One grade step is worth $18.91/cwt here — about $88 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 sale52 hd
147.08
MS average11 barns · 1,097 hd
145.62
+1.46
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
BullsAverage1,65597.641,6164thin
CowsBoner 80-85%Average1,05873.527786thin
CowsLean 85-90%Average1,03561.7864010

Every lot, as filed

45 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
BullsMedium and Large 1520160.00/cwt160.00–160.008321
BullsMedium and Large 1715136.00/cwt136.00–136.009721
BullsMedium and Large 1615139.00/cwt139.00–139.008551
BullsMedium and Large 2540143.00/cwt143.00–143.007721
BullsMedium and Large 2555140.00/cwt140.00–140.007771
BullsMedium and Large 1420174.40/cwt171.00–178.007323
SteersMedium and Large 2425170.00/cwt170.00–170.007231
SteersMedium and Large 1565165.23/cwt163.00–168.009348
SteersMedium and Large 1280200.00/cwt200.00–200.005601
SteersMedium and Large 1402183.78/cwt182.00–192.007399
SteersMedium and Large 3480165.00/cwt165.00–165.007921
SteersMedium and Large 2322182.47/cwt178.00–187.005883
SteersMedium and Large 2495180.00/cwt180.00–180.008913
SteersMedium and Large 2375187.20/cwt185.00–190.007024
HeifersMedium and Large 1585143.65/cwt140.00–145.0084011
HeifersMedium and Large 1675140.00/cwt140.00–140.009451
HeifersMedium and Large 1382156.76/cwt150.00–160.0059915
SteersMedium and Large 1-2410200.00/cwt200.00–200.008202
SteersMedium and Large 1316196.79/cwt192.00–203.006225
SteersMedium and Large 1745134.00/cwt134.00–134.009981
HeifersMedium and Large 2575132.00/cwt132.00–132.007591
HeifersMedium and Large 2385140.00/cwt140.00–140.005391
HeifersMedium and Large 1730130.00/cwt130.00–130.009491
SteersMedium and Large 1657155.00/cwt155.00–155.001,0184
SteersMedium and Large 2285190.00/cwt190.00–190.005421
HeifersMedium and Large 1322154.79/cwt150.00–157.004983
HeifersMedium and Large 1528141.30/cwt138.00–143.007463
HeifersMedium and Large 1428149.36/cwt147.00–150.006396
HeifersMedium and Large 1458146.66/cwt145.00–148.006723
HeifersMedium and Large 2520135.00/cwt135.00–135.007021
SteersMedium and Large 1375198.00/cwt198.00–198.007431
HeifersMedium and Large 2410138.07/cwt135.00–141.005662
HeifersMedium and Large 2475140.00/cwt140.00–140.006651
HeifersMedium and Large 3475130.00/cwt130.00–130.006181
BullsMedium and Large 3470152.00/cwt152.00–152.007141
HeifersMedium and Large 2315143.00/cwt143.00–143.004501
HeifersMedium and Large 1775126.00/cwt126.00–126.009771
Cow-Calf PairsMedium and Large 21,3451,100.00/cwt1,100.00–1,100.0014,7952
Bred CowsMedium and Large 21,155800.00/cwt800.00–800.009,2401
Bred HeifersMedium and Large 1-2915800.00/cwt800.00–800.007,3201
CowsBoner 80-85%1,05873.52/cwt70.50–76.007786
CowsLean 85-90%1,14466.47/cwt61.50–69.507604
CowsLean 85-90%96358.65/cwt56.00–60.005656
Bulls1,77099.52/cwt98.00–102.001,7623
Bulls1,31092.00/cwt92.00–92.001,2051

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.