Sale reports / Mississippi / Meridian Livestock Auction / 2022-03-14

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 14
● Final54 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
152 head
69 vs last sale 221 227 vs year ago 379 · 59.9%
Slaughter Cattle receipts
47 head
43 vs last sale 90 9 vs year ago 38 · +23.7%
Replacement Cattle receipts
33 head
24 vs last sale 57 16 vs year ago 49 · 32.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 5-10 higher. Slaughter cows were steady and bulls were 2-4 higher.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $141.80/cwt on 57 head.
Average price
$141.80
57 head · 531 lb average
Value per head Derived
$752
Price × average weight ÷ 100
Grade differential Derived
$104
per head · Medium and Large 1-2 over Medium and Large 3
$34.25/cwt at this weight
vs the market
+0.71
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2582151.008795thin
Medium and Large 1504146.5973931
Medium and Large 2532136.2472517thin
Medium and Large 3664116.757754thin
One grade step is worth $34.25/cwt here — about $104 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 sale57 hd
141.80
MS average13 barns · 1,009 hd
141.09
+0.71
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
BullsAverage1,626113.171,8408thin
CowsBoner 80-85%High1,18285.651,0128thin
CowsBreaker 75-80%Average1,35574.001,0031thin
CowsLean 85-90%Low1,00272.5172712

Every lot, as filed

54 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 1575142.00/cwt142.00–142.008171
SteersMedium and Large 2340180.00/cwt180.00–180.006121
SteersMedium and Large 2265200.00/cwt200.00–200.005301
SteersMedium and Large 3585157.00/cwt157.00–157.009181
SteersMedium and Large 3325168.00/cwt168.00–168.005461
SteersMedium and Large 1390194.00/cwt194.00–194.007571
SteersMedium and Large 1822131.17/cwt126.00–133.001,0785
SteersMedium and Large 1265207.00/cwt207.00–207.005491
SteersMedium and Large 1417182.33/cwt181.00–183.007603
SteersMedium and Large 2510158.81/cwt158.00–165.008109
SteersMedium and Large 2369184.64/cwt180.00–190.006814
SteersMedium and Large 2670140.00/cwt140.00–140.009381
SteersMedium and Large 2615152.00/cwt152.00–152.009351
SteersMedium and Large 1970122.00/cwt122.00–122.001,1831
SteersMedium and Large 1487179.31/cwt176.00–182.008733
SteersMedium and Large 2420166.00/cwt166.00–166.006971
SteersMedium and Large 1223214.16/cwt203.00–220.004783
SteersMedium and Large 1705151.00/cwt151.00–151.001,0651
SteersMedium and Large 2590169.00/cwt169.00–169.009971
SteersMedium and Large 1325202.42/cwt196.00–211.006584
SteersMedium and Large 1610170.00/cwt170.00–170.001,0371
HeifersMedium and Large 2705124.00/cwt124.00–124.008741
HeifersMedium and Large 3685117.00/cwt117.00–117.008011
HeifersMedium and Large 3615110.00/cwt110.00–110.006771
HeifersMedium and Large 1530146.36/cwt145.00–149.007763
HeifersMedium and Large 1370154.99/cwt154.00–156.005733
HeifersMedium and Large 1218178.00/cwt178.00–178.003882
CowsLean 85-90%95258.84/cwt55.00–62.005603
CowsLean 85-90%1,01977.07/cwt72.50–81.007859
CowsBreaker 75-80%1,35574.00/cwt74.00–74.001,0031
CowsBoner 80-85%1,39592.00/cwt92.00–92.001,2831
CowsBoner 80-85%1,15184.74/cwt81.50–90.009757
Bulls1,731116.62/cwt114.00–120.002,0195
Bulls1,450107.42/cwt101.00–111.001,5583
Bred CowsMedium and Large 11,045995.00/cwt995.00–995.0010,3981
Bred CowsMedium and Large 21,161921.88/cwt835.00–1,000.0010,7034
Bred CowsMedium and Large 11,1651,024.68/cwt1,000.00–1,050.0011,9382
HeifersMedium and Large 3575130.00/cwt130.00–130.007481
HeifersMedium and Large 2435142.00/cwt142.00–142.006181
HeifersMedium and Large 3780110.00/cwt110.00–110.008581
HeifersMedium and Large 2345149.00/cwt149.00–149.005141
HeifersMedium and Large 2485144.00/cwt144.00–144.006984
HeifersMedium and Large 2755119.00/cwt119.00–119.008981
HeifersMedium and Large 1310154.00/cwt154.00–154.004771
HeifersMedium and Large 1419151.93/cwt147.00–157.0063710
HeifersMedium and Large 2526136.01/cwt135.00–139.007154
HeifersMedium and Large 1-2582151.00/cwt151.00–151.008795
HeifersMedium and Large 1480147.00/cwt146.00–148.007063
HeifersMedium and Large 2667123.30/cwt120.00–125.008223
SteersMedium and Large 1530174.75/cwt172.00–181.009265
HeifersMedium and Large 1721132.50/cwt132.00–133.009556
HeifersMedium and Large 1850118.00/cwt118.00–118.001,0031
HeifersMedium and Large 1810115.00/cwt115.00–115.009321
HeifersMedium and Large 2378146.06/cwt143.00–149.005522

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.