Sale reports / Mississippi / Meridian Livestock Auction / 2022-08-22

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 22
● Final63 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
373 head
▼ 149 vs last sale 522▼ 50 vs year ago 423 · −11.8%
Slaughter Cattle receipts
53 head
▲ 15 vs last sale 38▲ 11 vs year ago 42 · +26.2%
Replacement Cattle receipts
18 head
▼ 15 vs last sale 33▲ 6 vs year ago 12 · +50.0%
View

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $177.82/cwt on 116 head.
Average price
$177.82
116 head · 520 lb average
Value per head Derived
$925
Price × average weight ÷ 100
Grade differential Derived
$176
per head · Medium and Large 1 over Medium and Large 3
$23.91/cwt at this weight
vs the market
+4.87
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1514188.1396751
Medium and Large 2542171.8593147
Medium and Large 3482164.2279218thin
One grade step is worth $23.91/cwt here — about $176 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 sale116 hd
177.82
—
MS average12 barns · 1,075 hd
172.95
+4.87
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—Average1,21894.871,1564thin
CowsBoner 80-85%Average1,18380.0394713
CowsBreaker 75-80%Average1,13073.508311thin
CowsLean 85-90%Low93467.2562817

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)Middle Aged (5-8 yrs)1,510$1,2001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,085$9251thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)670$7751thin
Cow-Calf Pairs1st Stage (1-3 mo)Young (2-4 yrs)1,205$1,4252thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,115$1,2502thin

Every lot, as filed

63 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 2—430149.95/cwt145.00–154.006453
HeifersMedium and Large 2—673131.10/cwt128.00–134.008822
HeifersMedium and Large 3—533134.64/cwt130.00–138.007185
SteersMedium and Large 1—450210.00/cwt210.00–210.009451
SteersMedium and Large 3—570152.64/cwt140.00–156.008708
SteersMedium and Large 2—580161.97/cwt160.00–163.009396
HeifersMedium and Large 1—525143.00/cwt143.00–143.007511
HeifersMedium and Large 1—325161.93/cwt160.00–165.005263
HeifersMedium and Large 1—368167.80/cwt164.00–171.006184
SteersMedium and Large 2—687153.00/cwt153.00–153.001,0515
SteersMedium and Large 2—380196.64/cwt192.00–199.007473
SteersMedium and Large 2—337197.29/cwt193.00–200.006653
SteersMedium and Large 3—455178.00/cwt178.00–178.008101
SteersMedium and Large 3—360185.00/cwt185.00–185.006661
SteersMedium and Large 1—210207.00/cwt207.00–207.004351
SteersMedium and Large 1—375215.78/cwt210.00–220.008097
SteersMedium and Large 2—482188.83/cwt185.00–192.0091012
SteersMedium and Large 1—653163.99/cwt155.00–165.001,07114
SteersMedium and Large 3—426173.13/cwt169.00–179.007385
SteersMedium and Large 2—520166.54/cwt160.00–176.008664
SteersMedium and Large 2—623145.26/cwt140.00–150.009053
SteersMedium and Large 1—763157.38/cwt151.00–159.001,2015
SteersMedium and Large 1—506187.85/cwt182.00–190.009519
SteersMedium and Large 1—332211.02/cwt201.00–218.007018
SteersMedium and Large 2—763141.51/cwt141.00–144.001,0806
BullsMedium and Large 2—580155.00/cwt155.00–155.008991
BullsMedium and Large 1—463160.65/cwt160.00–162.007443
BullsMedium and Large 1—640138.50/cwt138.00–139.008862
BullsMedium and Large 1—525163.55/cwt161.00–166.008592
BullsMedium and Large 1—425158.95/cwt158.00–160.006762
BullsMedium and Large 1—665139.00/cwt139.00–139.009241
CowsLean 85-90%—92264.32/cwt59.00–68.005933
CowsLean 85-90%—96773.69/cwt70.50–76.5071311
CowsBreaker 75-80%—1,13073.50/cwt73.50–73.508311
CowsLean 85-90%—82546.56/cwt43.00–52.503843
CowsBoner 80-85%—1,18380.03/cwt78.00–83.5094713
Bulls——1,21894.87/cwt92.00–99.501,1564
Bred CowsMedium and Large 2—670775.00/head775.00–775.007751
Bred CowsMedium and Large 1—1,5101,200.00/head1,200.00–1,200.001,2001
Bred CowsMedium and Large 2—1,085925.00/head925.00–925.009251
Cow-Calf PairsMedium and Large 1—1,2051,425.00/head1,425.00–1,425.001,4252
Cow-Calf PairsMedium and Large 1—1,1151,250.00/head1,250.00–1,250.001,2502
BullsMedium and Large 2—475150.00/cwt150.00–150.007131
BullsMedium and Large 2—538153.52/cwt152.00–155.008262
BullsMedium and Large 2—780118.00/cwt118.00–118.009201
HeifersMedium and Large 1—607146.68/cwt146.00–148.008903
HeifersMedium and Large 1—418160.64/cwt156.00–166.006713
BullsMedium and Large 3—538137.69/cwt133.00–144.007413
HeifersMedium and Large 2—600133.00/cwt133.00–133.007981
HeifersMedium and Large 2—765111.00/cwt111.00–111.008491
HeifersMedium and Large 2—735116.00/cwt116.00–116.008531
HeifersMedium and Large 2—470147.15/cwt141.00–150.006928
HeifersMedium and Large 3—419138.75/cwt138.00–140.005814
HeifersMedium and Large 3—385142.00/cwt142.00–142.005472
SteersMedium and Large 1—428209.08/cwt199.00–216.008955
SteersMedium and Large 1—635160.00/cwt160.00–160.001,0161
HeifersMedium and Large 1—581146.69/cwt145.00–150.008526
HeifersMedium and Large 2—305156.00/cwt156.00–156.004761
HeifersMedium and Large 3—480139.01/cwt137.00–140.006674
HeifersMedium and Large 1—674146.47/cwt140.00–149.0098710
SteersMedium and Large 3—318181.58/cwt180.00–183.005772
SteersMedium and Large 3—535143.00/cwt143.00–143.007651
SteersMedium and Large 2—415188.26/cwt182.00–195.007815

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.