Sale reports / Mississippi / Meridian Livestock Auction / 2022-10-24

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 24
● Final60 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
322 head
42 vs last sale 280 137 vs year ago 185 · +74.1%
Slaughter Cattle receipts
30 head
47 vs last sale 77 35 vs year ago 65 · 53.8%
Replacement Cattle receipts
19 head
76 vs last sale 95 319 vs year ago 338 · 94.4%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-4 higher on the steers, heifers were steady and slaughter cattle were steady as well.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $158.65/cwt on 83 head.
Average price
$158.65
83 head · 535 lb average
Value per head Derived
$849
Price × average weight ÷ 100
Grade differential Derived
$2
per head · Medium and Large 1-2 over Medium and Large 3
$38.80/cwt at this weight
vs the market
0.94
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2441180.007949thin
Medium and Large 1561162.6991336
Medium and Large 2516154.7879924
Medium and Large 3561141.2079214thin
One grade step is worth $38.80/cwt here — about $2 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 sale83 hd
158.65
MS average13 barns · 1,008 hd
159.59
−0.94
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
BullsAverage1,56890.581,4203thin
CowsBoner 80-85%Average1,10063.4469810
CowsBreaker 75-80%Average1,06558.006181thin
CowsLean 85-90%Low99050.5050011

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)1,305$1,0001thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,095$9251thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)975$7801thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,175$1,1252thin

Every lot, as filed

60 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 1727148.88/cwt139.00–150.001,08214
SteersMedium and Large 1589168.00/cwt168.00–168.009905
SteersMedium and Large 2652142.00/cwt142.00–142.009264
HeifersMedium and Large 2415136.00/cwt135.00–137.005642
HeifersMedium and Large 2715120.99/cwt120.00–122.008652
HeifersMedium and Large 1475138.00/cwt138.00–138.006561
HeifersMedium and Large 1651128.80/cwt128.00–129.008385
SteersMedium and Large 1328176.98/cwt174.00–180.005804
HeifersMedium and Large 2528131.34/cwt130.00–132.006933
HeifersMedium and Large 3535124.00/cwt124.00–124.006631
HeifersMedium and Large 2629122.03/cwt120.00–124.007685
HeifersMedium and Large 2650122.00/cwt122.00–122.007931
HeifersMedium and Large 1420138.03/cwt137.00–140.005804
HeifersMedium and Large 2486132.76/cwt132.00–133.006454
BullsMedium and Large 2750112.00/cwt112.00–112.008401
HeifersMedium and Large 1625130.89/cwt126.00–134.008187
HeifersMedium and Large 1513136.27/cwt134.00–142.006998
HeifersMedium and Large 2313135.98/cwt134.00–138.004262
HeifersMedium and Large 2358139.50/cwt139.00–140.004992
HeifersMedium and Large 3420125.00/cwt125.00–125.005251
BullsMedium and Large 3480130.00/cwt130.00–130.006241
BullsMedium and Large 1533141.05/cwt138.00–145.007523
BullsMedium and Large 2578128.67/cwt126.00–131.007443
BullsMedium and Large 2445145.00/cwt145.00–145.006451
BullsMedium and Large 2630125.00/cwt125.00–125.007881
BullsMedium and Large 2660115.00/cwt115.00–115.007591
Cow-Calf PairsMedium and Large 11,1751,125.00/head1,125.00–1,125.001,1252
CowsLean 85-90%99940.05/cwt35.00–42.504004
CowsLean 85-90%98556.47/cwt52.50–60.005567
CowsBreaker 75-80%1,06558.00/cwt58.00–58.006181
CowsBoner 80-85%1,10063.44/cwt62.00–65.0069810
Bulls1,56890.58/cwt88.50–92.501,4203
Bred CowsMedium and Large 11,3051,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 2975780.00/head780.00–780.007801
Bred CowsMedium and Large 11,095925.00/head925.00–925.009251
HeifersMedium and Large 2559130.21/cwt130.00–131.007285
SteersMedium and Large 3576140.96/cwt140.00–144.008124
SteersMedium and Large 2533152.00/cwt152.00–152.008102
SteersMedium and Large 2640139.00/cwt139.00–139.008901
SteersMedium and Large 2576151.01/cwt148.00–153.008705
SteersMedium and Large 2377169.93/cwt165.00–173.006413
SteersMedium and Large 3305153.00/cwt153.00–153.004671
SteersMedium and Large 2455158.00/cwt158.00–158.007191
SteersMedium and Large 3362155.65/cwt152.00–160.005633
SteersMedium and Large 3693132.16/cwt132.00–133.009166
SteersMedium and Large 1429172.09/cwt169.00–177.007386
SteersMedium and Large 2435160.00/cwt160.00–160.006961
SteersMedium and Large 1505169.00/cwt169.00–169.008531
SteersMedium and Large 2783134.98/cwt133.00–137.001,0572
SteersMedium and Large 1378176.63/cwt175.00–180.006683
SteersMedium and Large 2322170.20/cwt168.00–172.005485
SteersMedium and Large 1460171.53/cwt170.00–173.007892
SteersMedium and Large 1-2441180.00/cwt180.00–180.007949
SteersMedium and Large 1630150.00/cwt150.00–150.009451
BullsMedium and Large 1673131.99/cwt129.00–135.008882
BullsMedium and Large 1705124.00/cwt124.00–124.008741
BullsMedium and Large 2538130.49/cwt129.00–132.007022
BullsMedium and Large 2465140.00/cwt140.00–140.006512
BullsMedium and Large 1621128.79/cwt128.00–130.008005
BullsMedium and Large 1470161.00/cwt161.00–161.007571

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.