Sale reports / Mississippi / Meridian Livestock Auction / 2022-11-14

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 14
● Final61 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
337 head
▼ 93 vs last sale 430▲ 13 vs year ago 324 · +4.0%
Slaughter Cattle receipts
158 head
▲ 105 vs last sale 53▲ 115 vs year ago 43 · +267.4%
Replacement Cattle receipts
44 head
▼ 12 vs last sale 56▼ 27 vs year ago 71 · −38.0%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were 2-4 higher and heifers were steady. Slaughter cows and bulls were 2-4 higher as well. No sales next week due to Thanksgiving, hope all have a blessed holiday.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $147.15/cwt on 76 head.
Average price
$147.15
76 head · 498 lb average
Value per head Derived
$733
Price × average weight ÷ 100
Grade differential Derived
$104
per head · Medium and Large 1 over Medium and Large 3
$15.34/cwt at this weight
vs the market
−1.44
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1496149.3474062
Medium and Large 2513137.7470613thin
Medium and Large 3475134.006371thin
One grade step is worth $15.34/cwt here — about $104 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 sale76 hd
147.15
—
MS average13 barns · 1,623 hd
148.59
−1.44
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—Low1,66392.511,53913
CowsBoner 80-85%Average1,22269.8985416
CowsBreaker 75-80%Average1,44062.368984thin
CowsLean 85-90%Very Low1,00454.8455127

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,015$1,0501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,093$9794thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)965$8902thin
Bred Heifers1st/2nd Stage (1-6 mo)(<2 yrs)955$1,0183thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,235$1,1602thin

Every lot, as filed

61 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
CowsLean 85-90%—85643.39/cwt38.00–47.003716
CowsLean 85-90%—93353.13/cwt48.00–56.504969
BullsMedium and Large 1—512151.68/cwt150.00–155.007773
BullsMedium and Large 1—558148.30/cwt146.00–153.008283
BullsMedium and Large 1—469161.20/cwt158.00–165.007564
BullsMedium and Large 1—720125.00/cwt125.00–125.009001
BullsMedium and Large 3—575130.00/cwt130.00–130.007481
BullsMedium and Large 2—576139.99/cwt139.00–141.008064
SteersMedium and Large 2—388187.63/cwt183.00–190.007283
SteersMedium and Large 2—240190.00/cwt190.00–190.004561
SteersMedium and Large 1—330198.35/cwt192.00–205.006554
SteersMedium and Large 1—630161.00/cwt161.00–161.001,0141
SteersMedium and Large 1—528173.44/cwt171.00–176.009162
SteersMedium and Large 2—428175.51/cwt175.00–176.007512
SteersMedium and Large 1—378196.42/cwt192.00–200.0074211
SteersMedium and Large 2—565159.00/cwt159.00–159.008981
SteersMedium and Large 1—650156.00/cwt156.00–156.001,0141
SteersMedium and Large 1—1,075120.00/cwt120.00–120.001,2901
SteersMedium and Large 1-2—507193.00/cwt193.00–193.009794
SteersMedium and Large 1—225203.42/cwt200.00–207.004582
SteersMedium and Large 3—325160.00/cwt160.00–160.005201
SteersMedium and Large 1-2—381215.00/cwt215.00–215.008193
SteersMedium and Large 2—280189.07/cwt185.00–193.005292
SteersMedium and Large 2—510166.00/cwt166.00–166.008471
SteersMedium and Large 1—426186.14/cwt182.00–190.007937
HeifersMedium and Large 3—475134.00/cwt134.00–134.006371
HeifersMedium and Large 1—428153.39/cwt152.00–154.006575
HeifersMedium and Large 1—665136.00/cwt136.00–136.0090410
SteersMedium and Large 1—264203.97/cwt200.00–208.005384
SteersMedium and Large 1—573175.36/cwt171.00–180.001,0052
SteersMedium and Large 3—465156.00/cwt156.00–156.007251
HeifersMedium and Large 2—518140.46/cwt139.00–142.007282
HeifersMedium and Large 1—465153.60/cwt149.00–158.007142
HeifersMedium and Large 1—379155.13/cwt150.00–159.0058816
HeifersMedium and Large 1—518152.93/cwt145.00–155.0079221
HeifersMedium and Large 1—617135.17/cwt132.00–141.008345
SteersMedium and Large 2—323183.00/cwt178.00–189.005917
HeifersMedium and Large 2—423141.56/cwt137.00–146.005993
HeifersMedium and Large 2—570138.00/cwt138.00–138.007871
HeifersMedium and Large 2—640120.00/cwt120.00–120.007681
HeifersMedium and Large 2—340147.00/cwt147.00–147.005001
HeifersMedium and Large 2—670122.00/cwt122.00–122.008171
SteersMedium and Large 1—470186.11/cwt182.00–194.008759
HeifersMedium and Large 2—480144.33/cwt143.00–145.006933
BullsMedium and Large 2—605128.00/cwt128.00–128.007741
BullsMedium and Large 2—493146.00/cwt146.00–146.007202
BullsMedium and Large 2—525142.19/cwt140.00–145.007464
HeifersMedium and Large 2—700125.00/cwt125.00–125.008751
HeifersMedium and Large 1—330151.74/cwt150.00–155.005013
Bred CowsMedium and Large 2—1,075944.86/head940.00–950.009452
Bred HeifersMedium and Large 2—9551,017.98/head910.00–1,175.001,0183
Cow-Calf PairsMedium and Large 1—1,2351,160.00/head1,160.00–1,160.001,1602
Bred CowsMedium and Large 2—965890.31/head880.00–900.008902
Bred CowsMedium and Large 1—1,0151,050.00/head1,050.00–1,050.001,0501
Bred CowsMedium and Large 1—1,1101,012.61/head1,000.00–1,025.001,0132
Bulls——1,24580.00/cwt80.00–80.009961
Bulls——1,87997.74/cwt95.00–103.001,8376
Bulls——1,51789.37/cwt86.00–93.001,3566
CowsBoner 80-85%—1,22269.89/cwt66.00–74.0085416
CowsBreaker 75-80%—1,44062.36/cwt60.00–66.008984
CowsLean 85-90%—1,13161.85/cwt57.50–65.5070012

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.