Sale reports / Mississippi / Meridian Livestock Auction / 2022-02-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 21
● Final40 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
217 head
▼ 6 vs last sale 223▲ 117 vs year ago 100 · +117.0%
Slaughter Cattle receipts
77 head
▲ 36 vs last sale 41▲ 41 vs year ago 36 · +113.9%
Replacement Cattle receipts
60 head
▲ 21 vs last sale 39▲ 39 vs year ago 21 · +185.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady and slaughter cows and bulls were 5-7 cheaper. Sold 66 steers black hided average weight 702 lbs. @ $ 1.5825 per lb.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $160.82/cwt on 93 head.
Average price
$160.82
93 head · 635 lb average
Value per head Derived
$1,022
Price × average weight ÷ 100
Grade differential Derived
$112
per head · Medium and Large 1 over Medium and Large 3
$18.20/cwt at this weight
vs the market
−6.50
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1470173.7081615thin
Medium and Large 2480161.2177410thin
Medium and Large 1-2702158.001,10966
Medium and Large 3453155.507042thin
One grade step is worth $18.20/cwt here — about $112 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 sale93 hd
160.82
—
MS average13 barns · 929 hd
167.32
−6.50
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—Average1,727101.981,7613thin
CowsBoner 80-85%Average1,18378.269262thin
CowsBreaker 75-80%Average1,25771.989056thin
CowsLean 85-90%Average1,02069.7071123

Every lot

40 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 1263194.41/cwt190.00–198.005113
Steers—Medium and Large 2290185.00/cwt185.00–185.005371
Steers—Medium and Large 1330188.38/cwt187.00–190.006223
Steers—Medium and Large 3350170.00/cwt170.00–170.005951
Steers—Medium and Large 2378180.00/cwt180.00–180.006803
Steers—Medium and Large 1409175.26/cwt171.00–180.007174
Steers—Medium and Large 2433160.03/cwt155.00–165.006932
Steers—Medium and Large 2525155.00/cwt155.00–155.008141
Steers—Medium and Large 1528168.03/cwt166.00–170.008872
Steers—Medium and Large 3555141.00/cwt141.00–141.007831
Steers—Medium and Large 2570149.04/cwt145.00–153.008502
Steers—Medium and Large 1-2702158.00/cwt158.00–158.001,10966
Steers—Medium and Large 2845114.00/cwt114.00–114.009631
Steers—Medium and Large 1858140.00/cwt140.00–140.001,2013
Feeder Cattle · Heifers11 lots · lightest first
Heifers—Medium and Large 2372143.64/cwt140.00–146.005343
Heifers—Medium and Large 1373149.49/cwt149.00–150.005584
Heifers—Medium and Large 2415144.00/cwt144.00–144.005981
Heifers—Medium and Large 1431149.23/cwt148.00–151.006434
Heifers—Medium and Large 1463146.49/cwt145.00–148.006782
Heifers—Medium and Large 2495143.00/cwt143.00–143.007081
Heifers—Medium and Large 1523143.33/cwt140.00–148.007508
Heifers—Medium and Large 1555149.00/cwt149.00–149.008271
Heifers—Medium and Large 2595138.00/cwt138.00–138.008211
Heifers—Medium and Large 1610129.00/cwt129.00–129.007871
Heifers—Medium and Large 1925117.00/cwt117.00–117.001,0821
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1438158.50/cwt158.00–159.006942
Bulls—Medium and Large 1473156.01/cwt153.00–159.007385
Bulls—Medium and Large 1513155.99/cwt155.00–157.008002
Bulls—Medium and Large 1585153.00/cwt153.00–153.008951
Bulls—Medium and Large 1680130.00/cwt130.00–130.008841
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,727101.98/cwt100.00–105.001,7613
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%92964.21/cwt57.50–69.0059710
Cows—Lean 85-90%1,09073.93/cwt69.50–76.0080613
Cows—Boner 80-85%1,18378.26/cwt78.00–78.509262
Cows—Breaker 75-80%1,25771.98/cwt67.50–75.509056
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2885860.00/cwt860.00–860.007,6111
Bred Cows—Medium and Large 11,0131,048.91/cwt960.00–1,120.0010,6253
Bred Cows—Medium and Large 21,028887.86/cwt750.00–990.009,1274
Bred Cows—Medium and Large 11,2021,106.01/cwt1,040.00–1,150.0013,2946
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,2751,250.00/cwt1,250.00–1,250.0015,9382

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.