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
BullsAverage1,48398.201,4564thin
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 1467143.98/cwt140.00–149.006729
HeifersMedium and Large 1325153.09/cwt149.00–158.004987
HeifersMedium and Large 1610135.00/cwt135.00–135.008241
HeifersMedium and Large 1-2457158.00/cwt158.00–158.007223
HeifersMedium and Large 2545135.00/cwt135.00–135.007361
SteersMedium and Large 2428172.95/cwt170.00–175.007403
SteersMedium and Large 1342188.65/cwt186.00–191.006453
SteersMedium and Large 1295191.00/cwt191.00–191.005633
SteersMedium and Large 1413183.49/cwt182.00–185.007582
SteersMedium and Large 1530164.60/cwt161.00–166.0087212
HeifersMedium and Large 1418145.51/cwt143.00–148.006084
SteersMedium and Large 2795127.00/cwt127.00–127.001,0101
SteersMedium and Large 2735128.00/cwt128.00–128.009411
SteersMedium and Large 2610131.00/cwt131.00–131.007991
SteersMedium and Large 3372165.90/cwt163.00–168.006173
SteersMedium and Large 3328164.03/cwt160.00–168.005382
SteersMedium and Large 2578155.00/cwt152.00–156.008964
SteersMedium and Large 1651145.00/cwt145.00–145.009443
SteersMedium and Large 2321176.54/cwt170.00–183.005676
SteersMedium and Large 2472167.98/cwt164.00–172.007938
SteersMedium and Large 1-2363200.00/cwt200.00–200.007269
SteersMedium and Large 1-2707138.00/cwt138.00–138.009768
SteersMedium and Large 2500156.00/cwt156.00–156.007801
SteersMedium and Large 1470184.55/cwt183.00–186.008678
SteersMedium and Large 1576158.55/cwt156.00–160.009137
SteersMedium and Large 2383182.02/cwt181.00–183.006972
SteersMedium and Large 1371186.77/cwt185.00–191.006934
BullsMedium and Large 1618151.51/cwt149.00–154.009362
BullsMedium and Large 1438163.42/cwt159.00–168.007162
BullsMedium and Large 1695140.00/cwt140.00–140.009731
BullsMedium and Large 1560159.00/cwt159.00–159.008901
BullsMedium and Large 1750126.00/cwt126.00–126.009451
BullsMedium and Large 1700127.00/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
Bulls1,48398.20/cwt95.00–103.001,4564
Bred CowsMedium and Large 11,190970.00/cwt970.00–970.0011,5431
Bred CowsMedium and Large 2880880.00/cwt880.00–880.007,7441
Bred CowsMedium and Large 2883759.14/cwt700.00–800.006,7034
Bred CowsMedium and Large 11,1201,000.00/cwt1,000.00–1,000.0011,2001
Cow-Calf PairsMedium and Large 21,0101,125.00/cwt1,125.00–1,125.0011,3632
Cow-Calf PairsMedium and Large 21,2451,150.00/cwt1,150.00–1,150.0014,3182
Cow-Calf PairsMedium and Large 21,1351,175.00/cwt1,175.00–1,175.0013,3362
Cow-Calf PairsMedium and Large 21,0401,075.00/cwt1,075.00–1,075.0011,1802
BullsMedium and Large 2433155.03/cwt154.00–156.006712
BullsMedium and Large 2475154.32/cwt150.00–156.007334
BullsMedium and Large 2528149.32/cwt148.00–150.007883
BullsMedium and Large 2673131.55/cwt129.00–134.008852
BullsMedium and Large 1518158.62/cwt155.00–162.008226
BullsMedium and Large 1465161.96/cwt158.00–168.007533
HeifersMedium and Large 2685115.00/cwt115.00–115.007881
HeifersMedium and Large 2574130.24/cwt128.00–134.007485
HeifersMedium and Large 2371143.48/cwt140.00–145.005324
HeifersMedium and Large 2618122.51/cwt120.00–125.007572
HeifersMedium and Large 1503137.60/cwt137.00–140.006925
HeifersMedium and Large 1374149.81/cwt149.00–150.005605
HeifersMedium and Large 2435139.00/cwt139.00–139.006051
HeifersMedium and Large 1710130.00/cwt130.00–130.009231
HeifersMedium and Large 2322143.00/cwt143.00–143.004605
HeifersMedium and Large 2473137.99/cwt137.00–139.006532
HeifersMedium and Large 3395139.00/cwt139.00–139.005491
HeifersMedium and Large 3467123.73/cwt120.00–131.005783
HeifersMedium and Large 1562139.69/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.