Sale reports / Mississippi / Meridian Livestock Auction / 2022-04-11

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 11
● Final49 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
151 head
▼ 12 vs last sale 163▼ 367 vs year ago 518 · −70.8%
Slaughter Cattle receipts
35 head
▼ 9 vs last sale 44▲ 8 vs year ago 27 · +29.6%
Replacement Cattle receipts
34 head
▼ 169 vs last sale 203▼ 13 vs year ago 47 · −27.7%
View

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $172.41/cwt on 29 head.
Average price
$172.41
29 head · 436 lb average
Value per head Derived
$752
Price × average weight ÷ 100
Grade differential Derived
$198
per head · Medium and Large 1 over Medium and Large 3
$13.38/cwt at this weight
vs the market
+5.42
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1448175.3878521
Medium and Large 2422165.496986thin
Medium and Large 3363162.005872thin
One grade step is worth $13.38/cwt here — about $198 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 sale29 hd
172.41
—
MS average13 barns · 772 hd
166.99
+5.42
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—Average1,780103.271,8395thin
CowsBoner 80-85%Average1,16882.389628thin
CowsBreaker 75-80%Average1,35374.201,0042thin
CowsLean 85-90%Low96367.1364615

Every lot, as filed

49 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
SteersMedium and Large 1—467176.34/cwt176.00–177.008243
SteersMedium and Large 1—208203.78/cwt198.00–210.004242
HeifersMedium and Large 1—570138.00/cwt138.00–138.007871
HeifersMedium and Large 1—423153.00/cwt148.00–156.006474
HeifersMedium and Large 1—530143.53/cwt142.00–145.007612
SteersMedium and Large 3—335160.00/cwt160.00–160.005361
SteersMedium and Large 3—390164.00/cwt164.00–164.006401
SteersMedium and Large 1—660153.00/cwt153.00–153.001,0101
SteersMedium and Large 1—590162.00/cwt162.00–162.009561
SteersMedium and Large 1—705153.00/cwt153.00–153.001,0791
SteersMedium and Large 1—640158.00/cwt158.00–158.001,0111
SteersMedium and Large 1—517165.03/cwt162.00–168.008533
SteersMedium and Large 1—340181.50/cwt180.00–183.006172
SteersMedium and Large 1—427174.21/cwt170.00–178.007443
SteersMedium and Large 2—370172.32/cwt172.00–173.006383
SteersMedium and Large 2—415160.00/cwt160.00–160.006641
SteersMedium and Large 2—345167.00/cwt167.00–167.005761
SteersMedium and Large 2—660149.00/cwt149.00–149.009831
BullsMedium and Large 2—582139.00/cwt139.00–139.008091
BullsMedium and Large 2—460151.96/cwt148.00–156.006992
BullsMedium and Large 1—420165.52/cwt165.00–166.006952
BullsMedium and Large 1—605135.00/cwt135.00–135.008171
BullsMedium and Large 1—525156.00/cwt156.00–156.008191
BullsMedium and Large 1—670130.00/cwt130.00–130.008711
SteersMedium and Large 1—369184.93/cwt182.00–187.006824
HeifersMedium and Large 3—470128.00/cwt128.00–128.006021
HeifersMedium and Large 3—375135.00/cwt135.00–135.005061
HeifersMedium and Large 2—478138.95/cwt135.00–145.006643
HeifersMedium and Large 1—453150.32/cwt149.00–152.006813
HeifersMedium and Large 2—540132.00/cwt132.00–132.007131
HeifersMedium and Large 2—413143.98/cwt143.00–145.005952
HeifersMedium and Large 2—560130.00/cwt130.00–130.007281
HeifersMedium and Large 1—370153.46/cwt151.00–158.005685
HeifersMedium and Large 3—445125.00/cwt125.00–125.005561
HeifersMedium and Large 2—605116.98/cwt114.00–120.007082
HeifersMedium and Large 2—340142.00/cwt142.00–142.004831
Bred CowsMedium and Large 2—920750.00/cwt750.00–750.006,9001
Bred CowsMedium and Large 1—9651,000.00/cwt1,000.00–1,000.009,6501
Cow-Calf PairsMedium and Large 1—1,2251,250.00/cwt1,250.00–1,250.0015,3132
Cow-Calf PairsMedium and Large 1—1,2201,250.00/cwt1,250.00–1,250.0015,2502
Cow-Calf PairsMedium and Large 2—8501,000.00/cwt1,000.00–1,000.008,5002
Bred CowsMedium and Large 1—1,1701,000.00/cwt1,000.00–1,000.0011,7001
CowsBreaker 75-80%—1,35374.20/cwt73.50–75.001,0042
Bulls——1,942109.63/cwt109.00–110.002,1293
Bulls——1,53893.73/cwt89.00–98.501,4422
CowsLean 85-90%—88561.16/cwt58.50–66.005415
CowsLean 85-90%—90353.80/cwt52.50–55.004862
CowsBoner 80-85%—1,16882.38/cwt78.00–87.009628
CowsLean 85-90%—1,02674.20/cwt70.00–77.507618

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.