Sale reports / Mississippi / Meridian Livestock Auction / 2022-09-12

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 12
● Final55 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
403 head
▼ 92 vs last sale 495▼ 123 vs year ago 526 · −23.4%
Slaughter Cattle receipts
45 head
▼ 32 vs last sale 77▼ 37 vs year ago 82 · −45.1%
Replacement Cattle receipts
30 head
▼ 193 vs last sale 223▼ 15 vs year ago 45 · −33.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-5 cheaper and slaughter cows and bulls steady. Sold two loads of heifers weaned mostly black hides first load averaged 674 pounds and brought $ 1.5850 were 75 head. Second load 91 head 541 pound average @ $ 1.67.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $159.34/cwt on 196 head.
Average price
$159.34
196 head · 586 lb average
Value per head Derived
$934
Price × average weight ÷ 100
Grade differential Derived
$327
per head · Medium and Large 1-2 over Medium and Large 2
$30.13/cwt at this weight
vs the market
+8.17
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2601163.39982166
Medium and Large 1506138.2870022
Medium and Large 2492133.256558thin
One grade step is worth $30.13/cwt here — about $327 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 sale196 hd
159.34
—
MS average13 barns · 1,568 hd
151.17
+8.17
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—Average1,60998.431,5846thin
CowsBoner 80-85%Average1,17979.259347thin
CowsLean 85-90%Average96467.5265119

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 Heifers1st/2nd Stage (1-6 mo)(<2 yrs)1,008$1,1503thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,335$1,4202thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,135$1,2752thin

Every lot, as filed

55 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 1—423187.51/cwt185.00–190.007932
SteersMedium and Large 1—350197.50/cwt196.00–199.006912
SteersMedium and Large 1—555177.00/cwt177.00–177.009821
SteersMedium and Large 1—631161.76/cwt155.00–165.001,0218
HeifersMedium and Large 1—380150.00/cwt150.00–150.005701
SteersMedium and Large 2—318184.97/cwt181.00–189.005882
SteersMedium and Large 1—680164.00/cwt164.00–164.001,1152
SteersMedium and Large 3—595143.00/cwt143.00–143.008511
SteersMedium and Large 2—374185.03/cwt180.00–189.006928
SteersMedium and Large 2—400172.00/cwt172.00–172.006881
SteersMedium and Large 3—380178.00/cwt178.00–178.006761
SteersMedium and Large 2—624153.49/cwt153.00–154.009584
SteersMedium and Large 2—578153.49/cwt152.00–155.008874
SteersMedium and Large 2—500164.00/cwt164.00–164.008201
SteersMedium and Large 1—780149.55/cwt145.00–150.001,16611
SteersMedium and Large 3—675140.00/cwt140.00–140.009451
SteersMedium and Large 1—300200.00/cwt200.00–200.006001
SteersMedium and Large 1-2—757165.00/cwt165.00–165.001,24914
SteersMedium and Large 1-2—635173.00/cwt173.00–173.001,0998
SteersMedium and Large 1—516171.71/cwt167.00–176.008864
SteersMedium and Large 1—463184.29/cwt182.00–187.008534
BullsMedium and Large 1—619139.49/cwt136.00–143.008634
BullsMedium and Large 2—570141.98/cwt140.00–144.008092
BullsMedium and Large 2—755124.00/cwt124.00–124.009361
BullsMedium and Large 1—670139.00/cwt139.00–139.009311
BullsMedium and Large 1—513156.41/cwt153.00–160.008022
BullsMedium and Large 1—410172.00/cwt172.00–172.007051
CowsLean 85-90%—1,01273.49/cwt68.50–76.5074410
CowsBoner 80-85%—1,17979.25/cwt77.00–82.509347
CowsLean 85-90%—85050.00/cwt50.00–50.004251
CowsLean 85-90%—91962.25/cwt57.50–68.505728
Bulls——1,68095.50/cwt95.50–95.501,6041
Bulls——1,22084.51/cwt82.00–86.501,0312
Bulls——1,845108.68/cwt108.50–109.002,0053
Cow-Calf PairsMedium and Large 1—1,3351,420.00/head1,420.00–1,420.001,4202
Bred HeifersMedium and Large 1—1,0081,150.00/head1,150.00–1,150.001,1503
Cow-Calf PairsMedium and Large 1—1,1351,275.00/head1,275.00–1,275.001,2752
HeifersMedium and Large 2—640120.00/cwt120.00–120.007681
BullsMedium and Large 2—520140.97/cwt137.00–145.007335
BullsMedium and Large 1—495165.00/cwt165.00–165.008171
BullsMedium and Large 3—570133.00/cwt133.00–133.007581
BullsMedium and Large 3—530130.00/cwt130.00–130.006891
HeifersMedium and Large 1—655130.00/cwt130.00–130.008521
HeifersMedium and Large 1—421142.49/cwt140.00–145.006006
HeifersMedium and Large 1—622130.35/cwt129.00–132.008113
HeifersMedium and Large 2—310145.00/cwt145.00–145.004501
HeifersMedium and Large 2—413136.99/cwt136.00–138.005662
HeifersMedium and Large 1-2—541167.00/cwt167.00–167.0090391
HeifersMedium and Large 1—529136.58/cwt135.00–138.007237
HeifersMedium and Large 1—475141.35/cwt141.00–142.006713
HeifersMedium and Large 2—478137.01/cwt135.00–138.006553
HeifersMedium and Large 1—575136.00/cwt136.00–136.007821
HeifersMedium and Large 2—725116.00/cwt116.00–116.008411
HeifersMedium and Large 1-2—674159.00/cwt159.00–159.001,07275
SteersMedium and Large 2—480173.40/cwt169.00–179.008323

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.