Sale reports / Mississippi / Meridian Livestock Auction / 2022-08-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 1
● Final54 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
176 head
130 vs last sale 306 73 vs year ago 249 · 29.3%
Slaughter Cattle receipts
29 head
2 vs last sale 27 54 vs year ago 83 · 65.1%
Replacement Cattle receipts
7 head
12 vs last sale 19 46 vs year ago 53 · 86.8%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-7 higher and slaughter cows were 5-10 higher and bulls steady. The slaughter markets finally getting a little stronger.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $173.70/cwt on 71 head.
Average price
$173.70
71 head · 502 lb average
Value per head Derived
$873
Price × average weight ÷ 100
Grade differential Derived
$8
per head · Medium and Large 2 over Medium and Large 3
$10.27/cwt at this weight
vs the market
+7.67
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2432175.417587thin
Medium and Large 1517174.5490257
Medium and Large 3454165.147507thin
One grade step is worth $10.27/cwt here — about $8 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 sale71 hd
173.70
MS average13 barns · 1,000 hd
166.03
+7.67
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
BullsAverage1,823100.671,8353thin
CowsBoner 80-85%Average1,33678.121,04411
CowsBreaker 75-80%Average1,37072.049874thin
CowsLean 85-90%Low1,14365.997546thin

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
Cow-Calf PairsOpenYoung (2-4 yrs)1,185$1,3802thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,245$1,2002thin

Every lot, as filed

54 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 1265190.00/cwt190.00–190.005042
SteersMedium and Large 1567167.50/cwt165.00–168.0095010
HeifersMedium and Large 1255169.00/cwt169.00–169.004316
HeifersMedium and Large 1663149.78/cwt146.00–153.009935
HeifersMedium and Large 1710150.50/cwt150.00–151.001,0692
SteersMedium and Large 3445170.00/cwt170.00–170.007571
SteersMedium and Large 1760148.00/cwt148.00–148.001,1251
SteersMedium and Large 1630163.00/cwt163.00–163.001,0271
SteersMedium and Large 3395171.00/cwt171.00–171.006754
SteersMedium and Large 3680135.00/cwt135.00–135.009181
SteersMedium and Large 1217201.00/cwt201.00–201.004364
SteersMedium and Large 1815141.00/cwt141.00–141.001,1491
SteersMedium and Large 1676155.84/cwt153.00–157.001,0537
SteersMedium and Large 1490188.00/cwt188.00–188.009217
SteersMedium and Large 2391181.71/cwt170.00–186.007104
SteersMedium and Large 2413176.52/cwt176.00–177.007292
SteersMedium and Large 3475167.00/cwt167.00–167.007931
SteersMedium and Large 1425186.35/cwt182.00–189.007925
SteersMedium and Large 1722146.78/cwt146.00–150.001,0609
SteersMedium and Large 1328198.04/cwt190.00–200.006508
SteersMedium and Large 2635148.00/cwt148.00–148.009401
BullsMedium and Large 2453160.03/cwt154.00–166.007252
BullsMedium and Large 3430150.00/cwt150.00–150.006451
BullsMedium and Large 1700131.00/cwt131.00–131.009171
BullsMedium and Large 1660131.00/cwt131.00–131.008651
BullsMedium and Large 1455177.00/cwt177.00–177.008051
BullsMedium and Large 1408171.50/cwt171.00–172.007002
CowsLean 85-90%89853.04/cwt52.00–54.004762
CowsLean 85-90%1,26572.47/cwt71.00–73.509174
CowsBreaker 75-80%1,37072.04/cwt68.50–75.009874
CowsBoner 80-85%1,33678.12/cwt74.50–81.001,04411
Bulls1,55092.00/cwt92.00–92.001,4261
Bulls1,960105.00/cwt105.00–105.002,0582
Cow-Calf PairsMedium and Large 11,1851,380.00/head1,380.00–1,380.001,3802
Cow-Calf PairsMedium and Large 11,2451,200.00/head1,200.00–1,200.001,2002
HeifersMedium and Large 1523147.27/cwt142.00–152.007708
HeifersMedium and Large 1318158.00/cwt158.00–158.005024
BullsMedium and Large 2575138.00/cwt138.00–138.007941
BullsMedium and Large 2400155.00/cwt155.00–155.006201
BullsMedium and Large 3550125.00/cwt125.00–125.006881
BullsMedium and Large 3480149.00/cwt149.00–149.007151
HeifersMedium and Large 1468143.49/cwt142.00–145.006722
HeifersMedium and Large 1403146.02/cwt142.00–150.005882
HeifersMedium and Large 2630145.00/cwt145.00–145.009142
HeifersMedium and Large 3655133.00/cwt133.00–133.008711
HeifersMedium and Large 2423138.50/cwt136.00–140.005864
HeifersMedium and Large 2658145.50/cwt145.00–146.009572
HeifersMedium and Large 1620153.66/cwt150.00–154.0095312
HeifersMedium and Large 1370152.11/cwt152.00–153.005639
HeifersMedium and Large 1905110.00/cwt110.00–110.009961
HeifersMedium and Large 1560159.00/cwt159.00–159.008901
HeifersMedium and Large 2485140.00/cwt140.00–140.006791
HeifersMedium and Large 2385140.00/cwt140.00–140.005391
SteersMedium and Large 1392197.00/cwt197.00–197.007722

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.