Name: Meridian Livestock Auction livestock auction prices — 2022-03-07
Creator: RaisedBeef
Published: 2022-03-07

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 cheaper. Slaughter cows were 2-4 higher and bulls were steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $143.37/cwt on 32 head.

Average price

$143.37

32 head · 436 lb average

Value per head Derived

$625

Price × average weight ÷ 100

Grade differential Derived

−$82

per head · Medium and Large 1 over Medium and Large 3

$19.42/cwt at this weight

vs the market

−0.47

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	423	147.42	624	19thin
Medium and Large 2	425	140.30	596	10thin
Medium and Large 3	552	128.00	707	3thin

One grade step is worth $19.42/cwt here — about −$82 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 sale32 hd

143.37

—

MS average13 barns · 1,051 hd

143.84

−0.47

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,618	104.96	1,698	8thin
Cows	Boner 80-85%	Low	1,141	87.83	1,002	19
Cows	Breaker 75-80%	Average	1,497	76.13	1,140	6thin
Cows	Lean 85-90%	Average	940	74.34	699	19

Every lot, as filed

35 lots · USDA AMS · Meridian Stockyard - Meridian, MS

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Bulls	Medium and Large 1	—	420	149.00/cwt	149.00–149.00	626	1
Bulls	Medium and Large 2	—	475	148.00/cwt	148.00–148.00	703	1
Bulls	Medium and Large 2	—	526	143.70/cwt	140.00–146.00	756	4
Bulls	Medium and Large 1	—	469	153.41/cwt	151.00–156.00	719	5
Bulls	Medium and Large 3	—	560	134.00/cwt	129.00–139.00	750	2
Bulls	Medium and Large 1	—	508	150.30/cwt	148.00–152.00	764	3
Steers	Medium and Large 1	—	223	212.29/cwt	200.00–220.00	473	4
Steers	Medium and Large 1	—	465	175.42/cwt	173.00–178.00	816	2
Steers	Medium and Large 2	—	369	175.77/cwt	173.00–179.00	649	8
Steers	Medium and Large 2	—	465	164.11/cwt	159.00–169.00	763	2
Heifers	Medium and Large 2	—	376	144.99/cwt	140.00–149.00	545	5
Steers	Medium and Large 1	—	526	164.65/cwt	160.00–170.00	866	4
Steers	Medium and Large 2	—	255	198.00/cwt	198.00–198.00	505	1
Heifers	Medium and Large 2	—	455	141.00/cwt	141.00–141.00	642	1
Heifers	Medium and Large 2	—	630	120.00/cwt	120.00–120.00	756	1
Steers	Medium and Large 1	—	305	189.00/cwt	185.00–193.00	576	2
Steers	Medium and Large 1	—	439	172.00/cwt	172.00–172.00	755	1
Steers	Medium and Large 1	—	350	185.00/cwt	185.00–185.00	648	1
Steers	Medium and Large 2	—	323	177.79/cwt	176.00–182.00	574	6
Heifers	Medium and Large 1	—	320	150.00/cwt	150.00–150.00	480	3
Heifers	Medium and Large 2	—	427	139.00/cwt	136.00–141.00	594	3
Heifers	Medium and Large 3	—	552	128.00/cwt	128.00–128.00	707	3
Heifers	Medium and Large 1	—	410	144.73/cwt	143.00–146.00	593	4
Heifers	Medium and Large 1	—	379	153.16/cwt	150.00–158.00	580	7
Heifers	Medium and Large 1	—	558	140.00/cwt	140.00–140.00	781	5
Cow-Calf Pairs	Medium and Large 2	—	1,218	1,123.00/cwt	1,050.00–1,200.00	13,678	4
Bred Cows	Medium and Large 2	—	910	750.00/cwt	750.00–750.00	6,825	1
Bred Cows	Medium and Large 1	—	1,223	1,100.00/cwt	1,100.00–1,100.00	13,453	2
Bulls	—	—	1,395	97.06/cwt	95.00–99.00	1,354	2
Cows	Boner 80-85%	—	1,095	83.36/cwt	81.00–84.50	913	5
Cows	Boner 80-85%	—	1,157	89.42/cwt	85.00–94.50	1,035	14
Cows	Breaker 75-80%	—	1,497	76.13/cwt	72.50–80.00	1,140	6
Cows	Lean 85-90%	—	960	77.31/cwt	73.00–80.50	742	13
Bulls	—	—	1,692	107.60/cwt	100.00–115.00	1,821	6
Cows	Lean 85-90%	—	898	67.91/cwt	65.00–70.50	610	6

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Mar 7, 2022

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 221Last week 111Year ago 265

Slaughter CattleReceipts 90Last week 20Year ago 51

Replacement CattleReceipts 57Last week 17Year ago 53

Good day, as compared to last market feeder calves were 3-5 cheaper. Slaughter cows were 2-4 higher and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	420	149.00	149.00
5	—	469	151.00–156.00	153.41
3	—	508	148.00–152.00	150.30
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	475	148.00	148.00
4	—	526	140.00–146.00	143.70
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	560	129.00–139.00	134.00
Steers — Medium and Large 1$ per cwt · actual wt
4	—	223	200.00–220.00	212.29
2	—	465	173.00–178.00	175.42
4	—	526	160.00–170.00	164.65
2	—	305	185.00–193.00	189.00
1	—	439	172.00	172.00
1	—	350	185.00	185.00
Steers — Medium and Large 2$ per cwt · actual wt
8	—	369	173.00–179.00	175.77
2	—	465	159.00–169.00	164.11
1	—	255	198.00	198.00
6	—	323	176.00–182.00	177.79
Heifers — Medium and Large 2$ per cwt · actual wt
5	—	376	140.00–149.00	144.99
1	—	455	141.00	141.00
1	—	630	120.00	120.00
3	—	427	136.00–141.00	139.00
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	320	150.00	150.00
4	—	410	143.00–146.00	144.73
7	—	379	150.00–158.00	153.16
5	—	558	140.00	140.00
Heifers — Medium and Large 3$ per cwt · actual wt
3	—	552	128.00	128.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Aged (>8 yrs)	Open	4	—	1,218	1,050.00–1,200.00	1,123.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	910	750.00	750.00
Bred Cows — Medium and Large 1$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,223	1,100.00	1,100.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,395	95.00–99.00	97.06
6	—	1,692	100.00–115.00	107.60
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,095	81.00–84.50	83.36
14	—	1,157	85.00–94.50	89.42
Cows — Breaker 75-80%$ per cwt · actual wt
6	—	1,497	72.50–80.00	76.13
Cows — Lean 85-90%$ per cwt · actual wt
13	—	960	73.00–80.50	77.31
6	—	898	65.00–70.50	67.91

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Meridian Livestock Auction

Reporter comment USDA

Heifers · summary 0–100 lb

What quality paid 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Every lot, as filed

How this sale compares

Meridian Stockyard - Meridian, MS

Feeder Cattle

Replacement Cattle

Slaughter Cattle