Sale reports / Mississippi / Meridian Livestock Auction / 2022-08-29

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 29
● Final57 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
426 head
▲ 53 vs last sale 373▲ 426 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
36 head
▼ 17 vs last sale 53▲ 36 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
37 head
▲ 19 vs last sale 18▲ 37 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $183.61/cwt on 91 head.
Average price
$183.61
91 head · 491 lb average
Value per head Derived
$902
Price × average weight ÷ 100
Grade differential Derived
−$22
per head · Medium and Large 2 over Medium and Large 3
$23.28/cwt at this weight
vs the market
+10.32
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2442186.9582737
Medium and Large 1526184.8597345
Medium and Large 3518163.688499thin
One grade step is worth $23.28/cwt here — about −$22 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 sale91 hd
183.61
—
MS average13 barns · 1,546 hd
173.29
+10.32
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—Average1,35488.991,2056thin
CowsBoner 80-85%Average1,14578.398985thin
CowsBreaker 75-80%Average1,38871.779965thin
CowsLean 85-90%Low1,11168.057568thin

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 Stage (4-6 mo)Middle Aged (5-8 yrs)1,265$1,0101thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,055$9001thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,045$8601thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,160$1,2952thin

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
SteersMedium and Large 3—465175.74/cwt168.00–184.008172
SteersMedium and Large 2—431192.88/cwt186.00–199.008318
SteersMedium and Large 2—374194.06/cwt190.00–200.007267
SteersMedium and Large 1—393211.03/cwt207.00–215.008292
SteersMedium and Large 1—733160.00/cwt160.00–160.001,1734
HeifersMedium and Large 1—340158.00/cwt158.00–158.005371
SteersMedium and Large 2—575172.29/cwt169.00–175.009917
SteersMedium and Large 3—440176.93/cwt171.00–183.007782
SteersMedium and Large 2—320191.88/cwt187.00–198.006143
HeifersMedium and Large 1—470155.00/cwt155.00–155.007294
HeifersMedium and Large 2—523139.97/cwt138.00–142.007322
SteersMedium and Large 1—518183.87/cwt178.00–185.0095211
SteersMedium and Large 3—540150.00/cwt150.00–150.008101
SteersMedium and Large 2—520172.35/cwt171.00–174.008963
SteersMedium and Large 2—230198.00/cwt198.00–198.004551
HeifersMedium and Large 1—710140.00/cwt140.00–140.009941
HeifersMedium and Large 1—561152.00/cwt152.00–152.008535
SteersMedium and Large 1—245207.00/cwt207.00–207.005071
SteersMedium and Large 2—467188.73/cwt182.00–196.008817
SteersMedium and Large 2—250198.00/cwt198.00–198.004951
SteersMedium and Large 1—575179.67/cwt178.00–180.001,0336
SteersMedium and Large 3—579154.44/cwt150.00–160.008944
BullsMedium and Large 1—475165.33/cwt162.00–170.007853
BullsMedium and Large 2—423154.00/cwt154.00–154.006512
BullsMedium and Large 1—500172.00/cwt172.00–172.008601
BullsMedium and Large 2—486151.99/cwt150.00–155.007394
BullsMedium and Large 1—443167.32/cwt165.00–171.007413
BullsMedium and Large 1—620136.97/cwt135.00–139.008494
CowsLean 85-90%—1,05058.81/cwt57.00–61.506183
CowsLean 85-90%—1,14873.59/cwt67.50–76.508455
CowsBreaker 75-80%—1,38871.77/cwt67.75–75.509965
Bulls——1,49892.11/cwt90.00–95.001,3802
CowsBoner 80-85%—1,14578.39/cwt77.00–80.008985
Bulls——1,405102.00/cwt102.00–102.001,4331
Bulls——1,24082.58/cwt80.00–88.001,0243
Bred CowsMedium and Large 1—1,2651,010.00/head1,010.00–1,010.001,0101
Bred CowsMedium and Large 2—1,055900.00/head900.00–900.009001
Bred CowsMedium and Large 2—1,045860.00/head860.00–860.008601
Cow-Calf PairsMedium and Large 1—1,1601,295.00/head1,295.00–1,295.001,2952
HeifersMedium and Large 2—790125.00/cwt125.00–125.009881
BullsMedium and Large 2—525142.78/cwt140.00–146.007504
BullsMedium and Large 2—565139.00/cwt138.00–140.007853
HeifersMedium and Large 2—424146.71/cwt142.00–150.006224
HeifersMedium and Large 2—583141.00/cwt140.00–142.008226
HeifersMedium and Large 3—360143.00/cwt143.00–143.005151
HeifersMedium and Large 2—377149.60/cwt146.00–153.005646
HeifersMedium and Large 1—385159.51/cwt159.00–160.006142
HeifersMedium and Large 2—715119.00/cwt119.00–119.008511
HeifersMedium and Large 1—525148.85/cwt145.00–150.0078113
HeifersMedium and Large 1-2—613150.00/cwt150.00–150.009203
HeifersMedium and Large 1—415157.90/cwt154.00–162.006552
HeifersMedium and Large 2—664137.63/cwt135.00–138.009148
SteersMedium and Large 1—410206.25/cwt200.00–214.0084611
SteersMedium and Large 1—624164.32/cwt160.00–170.001,0259
SteersMedium and Large 1—450201.00/cwt201.00–201.009051
HeifersMedium and Large 2—490146.42/cwt140.00–148.0071715
HeifersMedium and Large 2—600140.00/cwt140.00–140.008401

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.