Sale reports / Mississippi / Meridian Livestock Auction / 2022-05-23

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 23
● Final51 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
212 head
15 vs last sale 197 7 vs year ago 205 · +3.4%
Slaughter Cattle receipts
66 head
11 vs last sale 55 11 vs year ago 55 · +20.0%
Replacement Cattle receipts
20 head
10 vs last sale 30 38 vs year ago 58 · 65.5%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 lower 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 $126.71/cwt on 48 head.
Average price
$126.71
48 head · 597 lb average
Value per head Derived
$756
Price × average weight ÷ 100
Grade differential Derived
−$247
per head · Medium and Large 2 over Medium and Large 1
$6.50/cwt at this weight
vs the market
8.90
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2554128.5171230
Medium and Large 3519125.886538thin
Medium and Large 1786122.0095910thin
One grade step is worth $6.50/cwt here — about −$247 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 sale48 hd
126.71
MS average13 barns · 1,348 hd
135.61
−8.90
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
BullsLow1,40579.001,1101thin
CowsBoner 80-85%Average1,40076.001,0641thin
CowsLean 85-90%Average1,17167.0978522
CowsBreaker 75-80%Average1,24562.007722thin

Every lot, as filed

51 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
BullsMedium and Large 1425157.99/cwt156.00–160.006713
BullsMedium and Large 2470145.00/cwt145.00–145.006821
BullsMedium and Large 2430150.34/cwt146.00–155.006462
BullsMedium and Large 2685115.00/cwt115.00–115.007881
BullsMedium and Large 3473136.00/cwt136.00–136.006432
BullsMedium and Large 1715139.00/cwt139.00–139.009941
SteersMedium and Large 2555143.00/cwt143.00–143.007941
SteersMedium and Large 3555131.00/cwt131.00–131.007271
SteersMedium and Large 1863121.96/cwt119.00–125.001,0532
SteersMedium and Large 1620139.46/cwt137.00–145.008655
SteersMedium and Large 2532143.67/cwt143.00–145.007643
SteersMedium and Large 1390170.00/cwt170.00–170.006631
SteersMedium and Large 1580150.00/cwt150.00–150.008701
SteersMedium and Large 1513154.01/cwt153.00–155.007902
SteersMedium and Large 1433163.00/cwt160.00–165.007065
SteersMedium and Large 2379161.93/cwt156.00–168.006146
SteersMedium and Large 2483151.48/cwt148.00–155.007322
HeifersMedium and Large 2558135.51/cwt135.00–136.007562
HeifersMedium and Large 2624123.01/cwt121.00–127.007684
HeifersMedium and Large 1803119.00/cwt119.00–119.009565
SteersMedium and Large 3370152.58/cwt151.00–154.005652
SteersMedium and Large 2330158.00/cwt158.00–158.005211
SteersMedium and Large 2405159.00/cwt159.00–159.006441
HeifersMedium and Large 3531125.26/cwt124.00–128.006654
HeifersMedium and Large 2466134.15/cwt130.00–140.006256
HeifersMedium and Large 2385137.00/cwt137.00–137.005271
SteersMedium and Large 2735131.00/cwt131.00–131.009631
SteersMedium and Large 2650135.00/cwt135.00–135.008781
SteersMedium and Large 1469161.52/cwt160.00–163.007584
HeifersMedium and Large 2770124.00/cwt124.00–124.009551
HeifersMedium and Large 1510140.00/cwt140.00–140.007141
HeifersMedium and Large 1635135.00/cwt135.00–135.008571
HeifersMedium and Large 1655130.00/cwt130.00–130.008521
HeifersMedium and Large 2438135.61/cwt131.00–141.005943
HeifersMedium and Large 11,023110.02/cwt109.00–111.001,1262
HeifersMedium and Large 2710119.77/cwt118.00–127.008507
HeifersMedium and Large 3350128.00/cwt128.00–128.004481
HeifersMedium and Large 3558126.00/cwt125.00–127.007033
BullsMedium and Large 2514131.98/cwt130.00–135.006784
HeifersMedium and Large 2338131.53/cwt130.00–133.004452
HeifersMedium and Large 2525129.48/cwt129.00–131.006804
Cow-Calf PairsMedium and Large 11,2651,230.00/cwt1,230.00–1,230.0015,5602
Cow-Calf PairsMedium and Large 11,3901,275.00/cwt1,275.00–1,275.0017,7232
Bred CowsMedium and Large 21,285903.14/cwt875.00–930.0011,6052
Bred CowsMedium and Large 2895995.00/cwt995.00–995.008,9052
CowsBreaker 75-80%1,24562.00/cwt60.00–65.007722
CowsLean 85-90%1,19271.84/cwt70.00–74.0085610
CowsLean 85-90%1,17265.68/cwt62.50–68.507709
Bulls1,40579.00/cwt79.00–79.001,1101
CowsBoner 80-85%1,40076.00/cwt76.00–76.001,0641
CowsLean 85-90%1,09555.45/cwt53.50–56.506073

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.