Sale reports / Mississippi / Meridian Livestock Auction / 2022-04-25

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 25
● Final48 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
163 head
▲ 48 vs last sale 115▲ 13 vs year ago 150 · +8.7%
Slaughter Cattle receipts
21 head
▼ 5 vs last sale 26▼ 10 vs year ago 31 · −32.3%
Replacement Cattle receipts
19 head
▼ 9 vs last sale 28▲ 3 vs year ago 16 · +18.8%
View

Reporter comment USDA

As filed

As compared to last market feeder calves were 3-5 lower, slaughter cows and bulls 2-3 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $155.19/cwt on 44 head.
Average price
$155.19
44 head · 506 lb average
Value per head Derived
$785
Price × average weight ÷ 100
Grade differential Derived
$98
per head · Medium and Large 1 over Medium and Large 2
$14.23/cwt at this weight
vs the market
−1.67
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1523161.9984722
Medium and Large 3348153.005322thin
Medium 2425151.006421thin
Medium and Large 2507147.7675019thin
One grade step is worth $14.23/cwt here — about $98 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 sale44 hd
155.19
—
MS average13 barns · 1,070 hd
156.86
−1.67
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—Average1,474100.881,4875thin
CowsBoner 80-85%Average1,09580.968873thin
CowsLean 85-90%Low1,06768.1272710

Every lot, as filed

48 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—628134.49/cwt133.00–136.008452
HeifersMedium and Large 2—560132.00/cwt132.00–132.007391
SteersMedium and Large 3—315153.00/cwt153.00–153.004821
SteersMedium and Large 2—700143.00/cwt143.00–143.001,0011
SteersMedium 2—425151.00/cwt151.00–151.006421
SteersMedium and Large 1—469164.40/cwt161.00–168.007717
SteersMedium and Large 1—572161.13/cwt153.00–166.009229
HeifersMedium and Large 1—523141.00/cwt141.00–141.007372
SteersMedium and Large 2—392173.00/cwt173.00–173.006782
SteersMedium and Large 2—405150.00/cwt150.00–150.006081
SteersMedium and Large 2—330160.69/cwt160.00–161.005303
SteersMedium and Large 2—518140.00/cwt140.00–140.007255
SteersMedium and Large 1—700155.00/cwt155.00–155.001,0851
SteersMedium and Large 3—380153.00/cwt153.00–153.005811
SteersMedium and Large 1—507159.26/cwt154.00–162.008073
SteersMedium and Large 1—428165.06/cwt163.00–167.007062
SteersMedium and Large 2—585143.03/cwt140.00–145.008375
SteersMedium and Large 2—623135.61/cwt130.00–141.008452
BullsMedium and Large 1—800120.00/cwt120.00–120.009601
BullsMedium and Large 1—740120.00/cwt120.00–120.008881
BullsMedium and Large 1—665120.00/cwt120.00–120.007981
BullsMedium and Large 1—421151.74/cwt151.00–152.006394
BullsMedium and Large 1—615126.51/cwt126.00–127.007782
BullsMedium and Large 1—765125.00/cwt125.00–125.009561
CowsLean 85-90%—96860.55/cwt58.00–64.005863
CowsLean 85-90%—1,10971.37/cwt64.50–76.007917
CowsBoner 80-85%—1,09580.96/cwt79.00–83.508873
Bulls——1,26590.94/cwt86.00–95.001,1502
Bulls——1,613107.50/cwt105.00–110.001,7343
Bred CowsMedium and Large 1—1,3101,106.74/cwt1,070.00–1,140.0014,4982
Bred CowsMedium and Large 1—1,1801,000.00/cwt1,000.00–1,000.0011,8001
Bred CowsMedium and Large 2—943828.81/cwt800.00–860.007,8162
HeifersMedium and Large 1—815113.00/cwt113.00–113.009211
HeifersMedium and Large 1—672131.79/cwt130.00–135.008865
HeifersMedium and Large 1—718123.56/cwt120.00–127.008872
BullsMedium and Large 2—535128.00/cwt128.00–128.006851
BullsMedium and Large 2—565126.50/cwt125.00–128.007152
BullsMedium and Large 2—790115.00/cwt115.00–115.009091
HeifersMedium and Large 2—415137.00/cwt137.00–137.005691
HeifersMedium and Large 2—380132.78/cwt132.00–135.005054
HeifersMedium and Large 2—685113.00/cwt113.00–113.007741
HeifersMedium and Large 3—540118.00/cwt118.00–118.006371
HeifersMedium and Large 2—615125.00/cwt125.00–125.007691
HeifersMedium and Large 3—428135.00/cwt135.00–135.005783
HeifersMedium and Large 2—505129.00/cwt129.00–129.006511
HeifersMedium and Large 2—485140.00/cwt140.00–140.006791
HeifersMedium and Large 3—365125.00/cwt125.00–125.004561
HeifersMedium and Large 3—340130.00/cwt130.00–130.004421

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.