Sale reports / Mississippi / Meridian Livestock Auction / 2022-01-17

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 17
● Final45 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
162 head
▼ 192 vs last sale 354▼ 91 vs year ago 253 · −36.0%
Slaughter Cattle receipts
24 head
▲ 2 vs last sale 22▼ 29 vs year ago 53 · −54.7%
Replacement Cattle receipts
11 head
▼ 25 vs last sale 36▼ 52 vs year ago 63 · −82.5%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady, and slaughter cows and bulls were 2-4 higher. Due to the nasty weather just a small offering of cattle.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $147.08/cwt on 52 head.
Average price
$147.08
52 head · 469 lb average
Value per head Derived
$690
Price × average weight ÷ 100
Grade differential Derived
$88
per head · Medium and Large 1 over Medium and Large 3
$18.91/cwt at this weight
vs the market
+1.46
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1474148.9170544
Medium and Large 2441138.026097thin
Medium and Large 3475130.006181thin
One grade step is worth $18.91/cwt here — about $88 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 sale52 hd
147.08
—
MS average11 barns · 1,097 hd
145.62
+1.46
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—Average1,65597.641,6164thin
CowsBoner 80-85%Average1,05873.527786thin
CowsLean 85-90%Average1,03561.7864010

Every lot

45 lots · USDA AMS · Meridian Stockyard - Meridian, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers14 lots · lightest first
Steers—Medium and Large 1280200.00/cwt200.00–200.005601
Steers—Medium and Large 2285190.00/cwt190.00–190.005421
Steers—Medium and Large 1316196.79/cwt192.00–203.006225
Steers—Medium and Large 2322182.47/cwt178.00–187.005883
Steers—Medium and Large 1375198.00/cwt198.00–198.007431
Steers—Medium and Large 2375187.20/cwt185.00–190.007024
Steers—Medium and Large 1402183.78/cwt182.00–192.007399
Steers—Medium and Large 1-2410200.00/cwt200.00–200.008202
Steers—Medium and Large 2425170.00/cwt170.00–170.007231
Steers—Medium and Large 3480165.00/cwt165.00–165.007921
Steers—Medium and Large 2495180.00/cwt180.00–180.008913
Steers—Medium and Large 1565165.23/cwt163.00–168.009348
Steers—Medium and Large 1657155.00/cwt155.00–155.001,0184
Steers—Medium and Large 1745134.00/cwt134.00–134.009981
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 2315143.00/cwt143.00–143.004501
Heifers—Medium and Large 1322154.79/cwt150.00–157.004983
Heifers—Medium and Large 1382156.76/cwt150.00–160.0059915
Heifers—Medium and Large 2385140.00/cwt140.00–140.005391
Heifers—Medium and Large 2410138.07/cwt135.00–141.005662
Heifers—Medium and Large 1428149.36/cwt147.00–150.006396
Heifers—Medium and Large 1458146.66/cwt145.00–148.006723
Heifers—Medium and Large 2475140.00/cwt140.00–140.006651
Heifers—Medium and Large 3475130.00/cwt130.00–130.006181
Heifers—Medium and Large 2520135.00/cwt135.00–135.007021
Heifers—Medium and Large 1528141.30/cwt138.00–143.007463
Heifers—Medium and Large 2575132.00/cwt132.00–132.007591
Heifers—Medium and Large 1585143.65/cwt140.00–145.0084011
Heifers—Medium and Large 1675140.00/cwt140.00–140.009451
Heifers—Medium and Large 1730130.00/cwt130.00–130.009491
Heifers—Medium and Large 1775126.00/cwt126.00–126.009771
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1420174.40/cwt171.00–178.007323
Bulls—Medium and Large 3470152.00/cwt152.00–152.007141
Bulls—Medium and Large 1520160.00/cwt160.00–160.008321
Bulls—Medium and Large 2540143.00/cwt143.00–143.007721
Bulls—Medium and Large 2555140.00/cwt140.00–140.007771
Bulls—Medium and Large 1615139.00/cwt139.00–139.008551
Bulls—Medium and Large 1715136.00/cwt136.00–136.009721
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,31092.00/cwt92.00–92.001,2051
Bulls——1,77099.52/cwt98.00–102.001,7623
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%96358.65/cwt56.00–60.005656
Cows—Boner 80-85%1,05873.52/cwt70.50–76.007786
Cows—Lean 85-90%1,14466.47/cwt61.50–69.507604
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,3451,100.00/cwt1,100.00–1,100.0014,7952
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,155800.00/cwt800.00–800.009,2401
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 1-2915800.00/cwt800.00–800.007,3201

This sale against other markets

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.