Sale reports / Mississippi / Meridian Livestock Auction / 2022-01-24

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 24
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
421 head
▲ 259 vs last sale 162▲ 311 vs year ago 110 · +282.7%
Slaughter Cattle receipts
42 head
▲ 18 vs last sale 24▲ 16 vs year ago 26 · +61.5%
Replacement Cattle receipts
69 head
▲ 58 vs last sale 11▼ 10 vs year ago 79 · −12.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 2-5 lower, and slaughter cows and bulls were 2-4 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $169.53/cwt on 91 head.
Average price
$169.53
91 head · 480 lb average
Value per head Derived
$815
Price × average weight ÷ 100
Grade differential Derived
$60
per head · Medium and Large 1 over Medium and Large 2
$7.87/cwt at this weight
vs the market
+0.11
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1484172.6183542
Medium and Large 1-2525170.8289717thin
Medium and Large 3354165.155855thin
Medium and Large 2471164.7477527
One grade step is worth $7.87/cwt here — about $60 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 sale91 hd
169.53
—
MS average13 barns · 1,234 hd
169.42
+0.11
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—Average1,48398.201,4564thin
CowsBoner 80-85%Average1,15474.6286110
CowsBreaker 75-80%Average1,45073.001,0591thin
CowsLean 85-90%Low98056.9655816

Every lot, as filed

66 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 1—467143.98/cwt140.00–149.006729
HeifersMedium and Large 1—325153.09/cwt149.00–158.004987
HeifersMedium and Large 1—610135.00/cwt135.00–135.008241
HeifersMedium and Large 1-2—457158.00/cwt158.00–158.007223
HeifersMedium and Large 2—545135.00/cwt135.00–135.007361
SteersMedium and Large 2—428172.95/cwt170.00–175.007403
SteersMedium and Large 1—342188.65/cwt186.00–191.006453
SteersMedium and Large 1—295191.00/cwt191.00–191.005633
SteersMedium and Large 1—413183.49/cwt182.00–185.007582
SteersMedium and Large 1—530164.60/cwt161.00–166.0087212
HeifersMedium and Large 1—418145.51/cwt143.00–148.006084
SteersMedium and Large 2—795127.00/cwt127.00–127.001,0101
SteersMedium and Large 2—735128.00/cwt128.00–128.009411
SteersMedium and Large 2—610131.00/cwt131.00–131.007991
SteersMedium and Large 3—372165.90/cwt163.00–168.006173
SteersMedium and Large 3—328164.03/cwt160.00–168.005382
SteersMedium and Large 2—578155.00/cwt152.00–156.008964
SteersMedium and Large 1—651145.00/cwt145.00–145.009443
SteersMedium and Large 2—321176.54/cwt170.00–183.005676
SteersMedium and Large 2—472167.98/cwt164.00–172.007938
SteersMedium and Large 1-2—363200.00/cwt200.00–200.007269
SteersMedium and Large 1-2—707138.00/cwt138.00–138.009768
SteersMedium and Large 2—500156.00/cwt156.00–156.007801
SteersMedium and Large 1—470184.55/cwt183.00–186.008678
SteersMedium and Large 1—576158.55/cwt156.00–160.009137
SteersMedium and Large 2—383182.02/cwt181.00–183.006972
SteersMedium and Large 1—371186.77/cwt185.00–191.006934
BullsMedium and Large 1—618151.51/cwt149.00–154.009362
BullsMedium and Large 1—438163.42/cwt159.00–168.007162
BullsMedium and Large 1—695140.00/cwt140.00–140.009731
BullsMedium and Large 1—560159.00/cwt159.00–159.008901
BullsMedium and Large 1—750126.00/cwt126.00–126.009451
BullsMedium and Large 1—700127.00/cwt127.00–127.008891
CowsLean 85-90%—1,01847.58/cwt44.00–54.004845
CowsLean 85-90%—1,01367.41/cwt63.50–69.506839
CowsLean 85-90%—73533.37/cwt32.00–35.002452
CowsBreaker 75-80%—1,45073.00/cwt73.00–73.001,0591
CowsBoner 80-85%—1,15474.62/cwt71.00–80.0086110
Bulls——1,48398.20/cwt95.00–103.001,4564
Bred CowsMedium and Large 1—1,190970.00/cwt970.00–970.0011,5431
Bred CowsMedium and Large 2—880880.00/cwt880.00–880.007,7441
Bred CowsMedium and Large 2—883759.14/cwt700.00–800.006,7034
Bred CowsMedium and Large 1—1,1201,000.00/cwt1,000.00–1,000.0011,2001
Cow-Calf PairsMedium and Large 2—1,0101,125.00/cwt1,125.00–1,125.0011,3632
Cow-Calf PairsMedium and Large 2—1,2451,150.00/cwt1,150.00–1,150.0014,3182
Cow-Calf PairsMedium and Large 2—1,1351,175.00/cwt1,175.00–1,175.0013,3362
Cow-Calf PairsMedium and Large 2—1,0401,075.00/cwt1,075.00–1,075.0011,1802
BullsMedium and Large 2—433155.03/cwt154.00–156.006712
BullsMedium and Large 2—475154.32/cwt150.00–156.007334
BullsMedium and Large 2—528149.32/cwt148.00–150.007883
BullsMedium and Large 2—673131.55/cwt129.00–134.008852
BullsMedium and Large 1—518158.62/cwt155.00–162.008226
BullsMedium and Large 1—465161.96/cwt158.00–168.007533
HeifersMedium and Large 2—685115.00/cwt115.00–115.007881
HeifersMedium and Large 2—574130.24/cwt128.00–134.007485
HeifersMedium and Large 2—371143.48/cwt140.00–145.005324
HeifersMedium and Large 2—618122.51/cwt120.00–125.007572
HeifersMedium and Large 1—503137.60/cwt137.00–140.006925
HeifersMedium and Large 1—374149.81/cwt149.00–150.005605
HeifersMedium and Large 2—435139.00/cwt139.00–139.006051
HeifersMedium and Large 1—710130.00/cwt130.00–130.009231
HeifersMedium and Large 2—322143.00/cwt143.00–143.004605
HeifersMedium and Large 2—473137.99/cwt137.00–139.006532
HeifersMedium and Large 3—395139.00/cwt139.00–139.005491
HeifersMedium and Large 3—467123.73/cwt120.00–131.005783
HeifersMedium and Large 1—562139.69/cwt137.00–143.007853

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.