Sale reports / Mississippi / Meridian Livestock Auction / 2022-03-28

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 28
● Final54 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
149 head
▼ 66 vs last sale 215▲ 56 vs year ago 93 · +60.2%
Slaughter Cattle receipts
91 head
▲ 38 vs last sale 53▲ 57 vs year ago 34 · +167.6%
Replacement Cattle receipts
26 head
▲ 9 vs last sale 17▼ 118 vs year ago 144 · −81.9%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 5-8 higher and slaughter cows and bulls were steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $150.49/cwt on 49 head.
Average price
$150.49
49 head · 449 lb average
Value per head Derived
$676
Price × average weight ÷ 100
Grade differential Derived
−$5
per head · Medium and Large 1-2 over Medium and Large 2
$22.22/cwt at this weight
vs the market
+5.17
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2423162.006857thin
Medium and Large 1449153.9469126
Medium and Large 3361140.045064thin
Medium and Large 2494139.7869012thin
One grade step is worth $22.22/cwt here — about −$5 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 sale49 hd
150.49
—
MS average12 barns · 1,031 hd
145.31
+5.17
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—Average1,51398.181,4856thin
CowsBoner 80-85%High1,22685.121,04414
CowsBreaker 75-80%Average1,51278.181,1823thin
CowsLean 85-90%Very Low1,03269.4471723

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 1—373157.40/cwt151.00–161.005879
HeifersMedium and Large 1—426157.01/cwt154.00–158.006697
HeifersMedium and Large 1-2—423162.00/cwt162.00–162.006857
HeifersMedium and Large 1—660129.00/cwt129.00–129.008511
HeifersMedium and Large 1—483155.63/cwt153.00–158.007526
SteersMedium and Large 1—240208.00/cwt208.00–208.004991
SteersMedium and Large 1—375193.66/cwt190.00–195.007265
SteersMedium and Large 1—428189.69/cwt186.00–195.008124
SteersMedium and Large 1—628161.54/cwt158.00–165.001,0142
SteersMedium and Large 1—325194.95/cwt192.00–198.006342
HeifersMedium and Large 1—500150.00/cwt150.00–150.007501
SteersMedium and Large 2—460183.49/cwt183.00–184.008442
SteersMedium and Large 1—565173.00/cwt173.00–173.009771
SteersMedium and Large 2—405180.00/cwt180.00–180.007291
SteersMedium and Large 3—415168.00/cwt168.00–168.006971
SteersMedium and Large 3—368167.90/cwt163.00–173.006182
SteersMedium and Large 1—250211.00/cwt211.00–211.005281
SteersMedium and Large 1—510176.00/cwt176.00–176.008981
SteersMedium and Large 1—470186.00/cwt186.00–186.008741
SteersMedium and Large 2—330178.00/cwt178.00–178.005871
SteersMedium and Large 2—367179.36/cwt178.00–180.006583
BullsMedium and Large 2—475156.96/cwt155.00–159.007462
BullsMedium and Large 2—540150.00/cwt150.00–150.008101
BullsMedium and Large 1—475170.00/cwt170.00–170.008081
BullsMedium and Large 1—425173.00/cwt173.00–173.007351
BullsMedium and Large 1—515164.46/cwt160.00–169.008472
BullsMedium and Large 1—610131.00/cwt131.00–131.007991
CowsLean 85-90%—94158.26/cwt53.00–62.505487
CowsLean 85-90%—99267.41/cwt64.00–70.006695
CowsLean 85-90%—1,10977.47/cwt72.50–81.0085911
CowsBreaker 75-80%—1,51278.18/cwt75.00–82.001,1823
CowsBoner 80-85%—1,03593.00/cwt93.00–93.009631
CowsBoner 80-85%—1,24184.51/cwt81.50–87.251,04913
Bulls——1,43092.66/cwt87.50–98.001,3254
Bulls——1,678109.22/cwt105.00–113.001,8332
Bred CowsMedium and Large 2—1,055853.10/cwt760.00–985.009,0003
Bred CowsMedium and Large 2—985950.00/cwt950.00–950.009,3581
Bred CowsMedium and Large 2—972924.89/cwt790.00–1,010.008,9903
Bred CowsMedium and Large 2—975890.00/cwt890.00–890.008,6781
Bred CowsMedium and Large 2—1,070950.00/cwt950.00–950.0010,1651
Cow-Calf PairsMedium and Large 2—1,2501,200.00/cwt1,200.00–1,200.0015,0002
HeifersMedium and Large 3—375139.72/cwt137.00–143.005243
HeifersMedium and Large 2—310145.00/cwt145.00–145.004501
BullsMedium and Large 3—535126.00/cwt126.00–126.006741
BullsMedium and Large 2—405165.00/cwt165.00–165.006681
BullsMedium and Large 2—730120.00/cwt120.00–120.008761
BullsMedium and Large 2—565140.00/cwt140.00–140.007911
HeifersMedium and Large 1—955119.00/cwt119.00–119.001,1361
HeifersMedium and Large 2—685113.97/cwt110.00–118.007812
HeifersMedium and Large 2—560140.00/cwt140.00–140.007841
HeifersMedium and Large 2—476146.47/cwt142.00–149.006975
HeifersMedium and Large 2—435144.01/cwt141.00–148.006263
HeifersMedium and Large 3—320141.00/cwt141.00–141.004511
HeifersMedium and Large 1—320155.00/cwt155.00–155.004961

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.