Sale reports / Mississippi / Meridian Livestock Auction / 2022-05-16

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 16
● Final57 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
197 head
0 vs last sale 197 49 vs year ago 148 · +33.1%
Slaughter Cattle receipts
55 head
3 vs last sale 52 65 vs year ago 120 · 54.2%
Replacement Cattle receipts
30 head
24 vs last sale 54 377 vs year ago 407 · 92.6%
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Reporter comment USDA

As filed

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 $133.49/cwt on 62 head.
Average price
$133.49
62 head · 576 lb average
Value per head Derived
$769
Price × average weight ÷ 100
Grade differential Derived
$161
per head · Medium and Large 1 over Medium and Large 3
$7.89/cwt at this weight
vs the market
5.14
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1593136.3780931
Medium and Large 2574131.2375324
Medium and Large 3504128.486487thin
One grade step is worth $7.89/cwt here — about $161 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 sale62 hd
133.49
MS average13 barns · 1,417 hd
138.62
−5.14
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
BullsAverage1,37592.551,2733thin
CowsBoner 80-85%Average1,23177.479549thin
CowsBreaker 75-80%Average1,28370.549055thin
CowsLean 85-90%Very Low1,12566.4674819

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 2375142.51/cwt140.00–146.005344
HeifersMedium and Large 2675120.00/cwt120.00–120.008101
SteersMedium and Large 3368165.98/cwt165.00–167.006112
SteersMedium and Large 2378172.24/cwt171.00–174.006514
SteersMedium and Large 2762130.00/cwt130.00–130.009913
HeifersMedium and Large 2513134.49/cwt134.00–135.006902
HeifersMedium and Large 3475127.00/cwt127.00–127.006031
SteersMedium and Large 1408171.52/cwt168.00–175.007002
SteersMedium and Large 1895128.00/cwt128.00–128.001,1461
SteersMedium and Large 2535140.00/cwt140.00–140.007492
SteersMedium and Large 1350178.00/cwt178.00–178.006231
HeifersMedium and Large 2590137.00/cwt137.00–137.008081
HeifersMedium and Large 3315134.00/cwt134.00–134.004221
SteersMedium and Large 2592146.00/cwt145.00–149.008644
SteersMedium and Large 2420161.01/cwt160.00–162.006762
SteersMedium and Large 1518154.47/cwt150.00–159.008004
SteersMedium and Large 2730134.00/cwt134.00–134.009781
SteersMedium and Large 1623143.61/cwt140.00–149.008957
SteersMedium and Large 1553158.00/cwt158.00–158.008743
SteersMedium and Large 1455171.00/cwt171.00–171.007781
SteersMedium and Large 2345167.00/cwt167.00–167.005761
SteersMedium and Large 1821132.02/cwt130.00–136.001,0844
BullsMedium and Large 3580125.00/cwt125.00–125.007251
BullsMedium and Large 1450153.00/cwt153.00–153.006891
BullsMedium and Large 1630125.00/cwt125.00–125.007881
BullsMedium and Large 2513131.00/cwt130.00–132.006722
BullsMedium and Large 2567129.33/cwt128.00–130.007333
BullsMedium and Large 1650121.00/cwt121.00–121.007871
CowsLean 85-90%1,08955.13/cwt50.00–59.006006
CowsLean 85-90%1,04265.14/cwt62.50–69.006793
CowsLean 85-90%1,17273.66/cwt71.00–75.5086310
Bulls1,01585.00/cwt85.00–85.008631
CowsBreaker 75-80%1,28370.54/cwt68.00–73.009055
CowsBoner 80-85%1,23177.47/cwt76.00–82.509549
Bulls1,55596.32/cwt95.50–97.001,4982
Bred CowsMedium and Large 2900800.00/cwt800.00–800.007,2001
Bred CowsMedium and Large 2973798.15/cwt770.00–820.007,7662
Bred CowsMedium and Large 21,195780.00/cwt780.00–780.009,3211
Cow-Calf PairsMedium and Large 21,3901,160.00/cwt1,160.00–1,160.0016,1242
Cow-Calf PairsMedium and Large 21,1401,125.00/cwt1,125.00–1,125.0012,8252
HeifersMedium and Large 2786123.00/cwt123.00–123.009673
BullsMedium and Large 2405144.00/cwt144.00–144.005831
BullsMedium and Large 1420150.00/cwt150.00–150.006301
HeifersMedium and Large 2423136.56/cwt135.00–138.005782
HeifersMedium and Large 1423140.51/cwt140.00–141.005942
HeifersMedium and Large 1714134.41/cwt134.00–136.009605
HeifersMedium and Large 2463134.77/cwt132.00–137.006244
HeifersMedium and Large 2715123.70/cwt120.00–127.008846
HeifersMedium and Large 3575126.45/cwt120.00–130.007273
HeifersMedium and Large 1473141.43/cwt140.00–143.006692
HeifersMedium and Large 1560140.00/cwt140.00–140.007841
HeifersMedium and Large 3508129.51/cwt129.00–130.006582
HeifersMedium and Large 1610137.11/cwt134.00–140.008367
HeifersMedium and Large 1514139.98/cwt138.00–145.0071910
HeifersMedium and Large 1803118.00/cwt118.00–118.009483
HeifersMedium and Large 2630130.00/cwt130.00–130.008191
HeifersMedium and Large 1655138.00/cwt138.00–138.009041

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.