Sale reports / Mississippi / Meridian Livestock Auction / 2022-05-30

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 30
● Final59 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
241 head
29 vs last sale 212 70 vs year ago 311 · 22.5%
Slaughter Cattle receipts
100 head
34 vs last sale 66 36 vs year ago 64 · +56.3%
Replacement Cattle receipts
59 head
39 vs last sale 20 10 vs year ago 49 · +20.4%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were 3-5 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $152.56/cwt on 51 head.
Average price
$152.56
51 head · 517 lb average
Value per head Derived
$789
Price × average weight ÷ 100
Grade differential Derived
$106
per head · Medium and Large 1 over Medium and Large 3
$15.57/cwt at this weight
vs the market
1.36
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1513162.1083119thin
Medium and Large 2537147.1579019thin
Medium and Large 3495146.5472613thin
One grade step is worth $15.57/cwt here — about $106 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 sale51 hd
152.56
MS average12 barns · 1,104 hd
153.93
−1.36
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
BullsAverage1,605107.031,7186thin
CowsBoner 80-85%Average1,21978.1795310
CowsBreaker 75-80%Average1,39867.999516thin
CowsLean 85-90%Low1,07065.0569626

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,233$1,1973thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,150$1,1762thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,320$1,0501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,150$9251thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,355$1,2504thin

Every lot, as filed

59 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 2670110.00/cwt105.00–115.007372
HeifersMedium and Large 1424143.81/cwt140.00–146.006105
HeifersMedium and Large 1710120.00/cwt120.00–120.008522
HeifersMedium and Large 1830118.00/cwt118.00–118.009791
HeifersMedium and Large 1668127.00/cwt125.00–131.008483
SteersMedium and Large 3483152.22/cwt150.00–156.007355
HeifersMedium and Large 2320137.00/cwt137.00–137.004381
SteersMedium and Large 3383156.94/cwt154.00–160.006012
SteersMedium and Large 1665144.93/cwt140.00–153.009643
SteersMedium and Large 1573150.00/cwt150.00–150.008603
SteersMedium and Large 1875125.00/cwt125.00–125.001,0941
SteersMedium and Large 2318164.92/cwt160.00–170.005243
SteersMedium and Large 1376178.73/cwt175.00–184.006727
SteersMedium and Large 2578140.00/cwt140.00–140.008092
SteersMedium and Large 2650139.00/cwt139.00–139.009041
SteersMedium and Large 3575138.97/cwt138.00–140.007992
SteersMedium and Large 3435151.02/cwt150.00–152.006572
SteersMedium and Large 2626137.23/cwt135.00–139.008599
SteersMedium and Large 3618125.00/cwt125.00–125.007732
SteersMedium and Large 1422177.35/cwt174.00–180.007483
SteersMedium and Large 1740131.00/cwt131.00–131.009691
SteersMedium and Large 2365170.00/cwt170.00–170.006211
SteersMedium and Large 2480159.01/cwt157.00–160.007633
BullsMedium and Large 1650135.00/cwt135.00–135.008781
BullsMedium and Large 1468161.52/cwt160.00–163.007562
BullsMedium and Large 1795120.00/cwt120.00–120.009541
BullsMedium and Large 1700125.00/cwt125.00–125.008751
BullsMedium and Large 1620130.00/cwt130.00–130.008061
BullsMedium and Large 1415163.00/cwt163.00–163.006761
Bulls1,652111.18/cwt107.00–113.001,8373
CowsLean 85-90%97358.48/cwt52.50–63.0056913
CowsLean 85-90%1,16771.62/cwt65.00–75.5083613
CowsBreaker 75-80%1,39867.99/cwt63.50–70.009516
CowsBoner 80-85%1,21978.17/cwt76.50–82.5095310
Bulls1,558102.87/cwt99.50–106.001,6033
Bred CowsMedium and Large 11,1501,176.09/head1,150.00–1,200.001,1762
Bred CowsMedium and Large 11,2331,197.00/head1,050.00–1,360.001,1973
Bred CowsMedium and Large 21,3201,050.00/head1,050.00–1,050.001,0501
Bred CowsMedium and Large 21,150925.00/head925.00–925.009251
Cow-Calf PairsMedium and Large 11,3551,250.00/head1,250.00–1,250.001,2504
HeifersMedium and Large 3525128.34/cwt128.00–129.006743
BullsMedium and Large 3478138.33/cwt135.00–140.006613
BullsMedium and Large 2655125.00/cwt125.00–125.008191
BullsMedium and Large 2420150.96/cwt150.00–152.006342
BullsMedium and Large 2560128.00/cwt128.00–128.007171
BullsMedium and Large 2450148.00/cwt148.00–148.006661
HeifersMedium and Large 2483136.00/cwt136.00–136.006572
BullsMedium and Large 2525136.33/cwt135.00–139.007163
HeifersMedium and Large 3555125.00/cwt125.00–125.006941
HeifersMedium and Large 2509133.00/cwt133.00–133.006774
HeifersMedium and Large 2623117.01/cwt114.00–120.007292
HeifersMedium and Large 3440128.00/cwt128.00–128.005631
HeifersMedium and Large 1533140.00/cwt140.00–140.007462
HeifersMedium and Large 1625128.36/cwt123.00–134.008025
HeifersMedium and Large 2378134.65/cwt134.00–135.005093
HeifersMedium and Large 2408131.99/cwt131.00–133.005392
HeifersMedium and Large 2574131.59/cwt130.00–133.007555
HeifersMedium and Large 1466145.26/cwt144.00–148.006774
SteersMedium and Large 1515156.00/cwt156.00–156.008031

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.