Sale reports / Mississippi / Meridian Livestock Auction / 2022-03-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 21
● Final57 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
215 head
▲ 63 vs last sale 152▲ 46 vs year ago 169 · +27.2%
Slaughter Cattle receipts
53 head
▲ 6 vs last sale 47▲ 37 vs year ago 16 · +231.3%
Replacement Cattle receipts
17 head
▼ 16 vs last sale 33▼ 11 vs year ago 28 · −39.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. Slaughter cows and bulls were steady as well.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $140.15/cwt on 58 head.
Average price
$140.15
58 head · 518 lb average
Value per head Derived
$726
Price × average weight ÷ 100
Grade differential Derived
$65
per head · Medium and Large 1 over Medium and Large 2
$4.87/cwt at this weight
vs the market
−2.64
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1528141.9274937
Medium and Large 2500137.0568521
One grade step is worth $4.87/cwt here — about $65 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 sale58 hd
140.15
—
MS average13 barns · 1,129 hd
142.80
−2.64
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—Average1,583113.721,8004thin
CowsBoner 80-85%High1,14687.911,00812
CowsBreaker 75-80%Average1,42583.001,1832thin
CowsLean 85-90%Low99569.3469019

Every lot, as filed

57 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—408152.77/cwt150.00–156.006234
HeifersMedium and Large 1—810116.00/cwt116.00–116.009401
SteersMedium and Large 2—258190.99/cwt190.00–192.004932
SteersMedium and Large 2—485173.00/cwt173.00–173.008391
SteersMedium and Large 1—464180.79/cwt177.00–185.008396
HeifersMedium and Large 1—460149.00/cwt149.00–149.006851
SteersMedium and Large 1—533176.93/cwt174.00–180.009433
SteersMedium and Large 1—650157.00/cwt157.00–157.001,0211
SteersMedium and Large 2—330183.34/cwt180.00–187.006052
SteersMedium and Large 2—550170.00/cwt170.00–170.009351
SteersMedium and Large 1—411182.29/cwt179.00–185.007496
HeifersMedium and Large 1—320153.00/cwt153.00–153.004901
SteersMedium and Large 2—541166.00/cwt166.00–166.008983
SteersMedium and Large 3—320175.00/cwt175.00–175.005601
SteersMedium and Large 1—230200.00/cwt200.00–200.004601
SteersMedium and Large 1-2—745145.00/cwt145.00–145.001,0804
SteersMedium and Large 1—807129.00/cwt129.00–129.001,0412
SteersMedium and Large 1—560174.23/cwt171.00–178.009764
SteersMedium and Large 1—607151.00/cwt151.00–151.009172
SteersMedium and Large 1—745137.00/cwt137.00–137.001,0211
SteersMedium and Large 2—388183.92/cwt180.00–188.007142
SteersMedium and Large 2—435165.00/cwt165.00–165.007181
BullsMedium and Large 1—553156.99/cwt154.00–162.008683
BullsMedium and Large 1—765123.00/cwt123.00–123.009411
BullsMedium and Large 1—535154.00/cwt154.00–154.008241
BullsMedium and Large 1—430160.00/cwt160.00–160.006881
BullsMedium and Large 1—490164.00/cwt164.00–164.008041
BullsMedium and Large 1—720130.00/cwt130.00–130.009361
CowsLean 85-90%—95567.55/cwt61.50–71.006457
CowsLean 85-90%—1,06677.53/cwt72.00–81.508269
CowsBreaker 75-80%—1,42583.00/cwt83.00–83.001,1832
Bulls——1,768117.58/cwt114.50–120.502,0792
CowsLean 85-90%—87848.95/cwt45.00–55.004303
CowsBoner 80-85%—1,19594.00/cwt94.00–94.001,1231
CowsBoner 80-85%—1,14287.36/cwt83.50–91.0099811
Bulls——1,398109.86/cwt107.00–112.001,5362
Bred CowsMedium and Large 2—1,045820.00/cwt820.00–820.008,5691
Bred CowsMedium and Large 2—1,2401,067.05/cwt960.00–1,165.0013,2312
Cow-Calf PairsMedium and Large 1—1,1251,225.00/cwt1,225.00–1,225.0013,7812
HeifersMedium and Large 2—365145.00/cwt145.00–145.005291
HeifersMedium and Large 1—528143.99/cwt140.00–149.007605
BullsMedium and Large 2—675120.00/cwt120.00–120.008101
BullsMedium and Large 2—475154.00/cwt154.00–154.007321
HeifersMedium and Large 2—482145.99/cwt140.00–147.007047
HeifersMedium and Large 2—510135.98/cwt134.00–138.006932
HeifersMedium and Large 2—310142.00/cwt142.00–142.004401
HeifersMedium and Large 2—426139.72/cwt136.00–143.005954
HeifersMedium and Large 1—371153.70/cwt150.00–156.005709
HeifersMedium and Large 1—571140.00/cwt140.00–140.007993
HeifersMedium and Large 1—615133.27/cwt125.00–135.008206
HeifersMedium and Large 1—713129.00/cwt124.00–130.009206
HeifersMedium and Large 2—563134.49/cwt134.00–135.007572
HeifersMedium and Large 2—620120.00/cwt120.00–120.007441
SteersMedium and Large 1—300190.00/cwt190.00–190.005701
SteersMedium and Large 1—753127.42/cwt125.00–137.009595
HeifersMedium and Large 1—655125.00/cwt125.00–125.008191
HeifersMedium and Large 2—658116.41/cwt110.00–124.007663

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.