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%
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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
BullsAverage1,583113.721,8004thin
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 1408152.77/cwt150.00–156.006234
HeifersMedium and Large 1810116.00/cwt116.00–116.009401
SteersMedium and Large 2258190.99/cwt190.00–192.004932
SteersMedium and Large 2485173.00/cwt173.00–173.008391
SteersMedium and Large 1464180.79/cwt177.00–185.008396
HeifersMedium and Large 1460149.00/cwt149.00–149.006851
SteersMedium and Large 1533176.93/cwt174.00–180.009433
SteersMedium and Large 1650157.00/cwt157.00–157.001,0211
SteersMedium and Large 2330183.34/cwt180.00–187.006052
SteersMedium and Large 2550170.00/cwt170.00–170.009351
SteersMedium and Large 1411182.29/cwt179.00–185.007496
HeifersMedium and Large 1320153.00/cwt153.00–153.004901
SteersMedium and Large 2541166.00/cwt166.00–166.008983
SteersMedium and Large 3320175.00/cwt175.00–175.005601
SteersMedium and Large 1230200.00/cwt200.00–200.004601
SteersMedium and Large 1-2745145.00/cwt145.00–145.001,0804
SteersMedium and Large 1807129.00/cwt129.00–129.001,0412
SteersMedium and Large 1560174.23/cwt171.00–178.009764
SteersMedium and Large 1607151.00/cwt151.00–151.009172
SteersMedium and Large 1745137.00/cwt137.00–137.001,0211
SteersMedium and Large 2388183.92/cwt180.00–188.007142
SteersMedium and Large 2435165.00/cwt165.00–165.007181
BullsMedium and Large 1553156.99/cwt154.00–162.008683
BullsMedium and Large 1765123.00/cwt123.00–123.009411
BullsMedium and Large 1535154.00/cwt154.00–154.008241
BullsMedium and Large 1430160.00/cwt160.00–160.006881
BullsMedium and Large 1490164.00/cwt164.00–164.008041
BullsMedium and Large 1720130.00/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
Bulls1,768117.58/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
Bulls1,398109.86/cwt107.00–112.001,5362
Bred CowsMedium and Large 21,045820.00/cwt820.00–820.008,5691
Bred CowsMedium and Large 21,2401,067.05/cwt960.00–1,165.0013,2312
Cow-Calf PairsMedium and Large 11,1251,225.00/cwt1,225.00–1,225.0013,7812
HeifersMedium and Large 2365145.00/cwt145.00–145.005291
HeifersMedium and Large 1528143.99/cwt140.00–149.007605
BullsMedium and Large 2675120.00/cwt120.00–120.008101
BullsMedium and Large 2475154.00/cwt154.00–154.007321
HeifersMedium and Large 2482145.99/cwt140.00–147.007047
HeifersMedium and Large 2510135.98/cwt134.00–138.006932
HeifersMedium and Large 2310142.00/cwt142.00–142.004401
HeifersMedium and Large 2426139.72/cwt136.00–143.005954
HeifersMedium and Large 1371153.70/cwt150.00–156.005709
HeifersMedium and Large 1571140.00/cwt140.00–140.007993
HeifersMedium and Large 1615133.27/cwt125.00–135.008206
HeifersMedium and Large 1713129.00/cwt124.00–130.009206
HeifersMedium and Large 2563134.49/cwt134.00–135.007572
HeifersMedium and Large 2620120.00/cwt120.00–120.007441
SteersMedium and Large 1300190.00/cwt190.00–190.005701
SteersMedium and Large 1753127.42/cwt125.00–137.009595
HeifersMedium and Large 1655125.00/cwt125.00–125.008191
HeifersMedium and Large 2658116.41/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.