Sale reports / Mississippi / Meridian Livestock Auction / 2022-02-28

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 28
● Final45 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
111 head
▲ 111 vs last sale 0▼ 89 vs year ago 200 · −44.5%
Slaughter Cattle receipts
20 head
▲ 20 vs last sale 0▼ 46 vs year ago 66 · −69.7%
Replacement Cattle receipts
17 head
▲ 17 vs last sale 0▼ 15 vs year ago 32 · −46.9%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady. Slaughter cows and bulls were steady as well.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $168.47/cwt on 45 head.
Average price
$168.47
45 head · 514 lb average
Value per head Derived
$865
Price × average weight ÷ 100
Grade differential Derived
$64
per head · Medium and Large 1-2 over Medium and Large 2
$25.83/cwt at this weight
vs the market
−3.23
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2475185.508814thin
Medium and Large 1528171.8590824
Medium and Large 3355160.005681thin
Medium and Large 2512159.6781716thin
One grade step is worth $25.83/cwt here — about $64 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 sale45 hd
168.47
—
MS average13 barns · 563 hd
171.70
−3.23
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—Average1,42291.461,3004thin
CowsBoner 80-85%Average1,41378.081,1032thin
CowsLean 85-90%Very Low1,04452.6354914

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 · Steers18 lots · lightest first
Steers—Medium and Large 2205190.00/cwt190.00–190.003901
Steers—Medium and Large 1230204.00/cwt204.00–204.004691
Steers—Medium and Large 1263206.74/cwt198.00–215.005442
Steers—Medium and Large 2333167.41/cwt165.00–170.005572
Steers—Medium and Large 3355160.00/cwt160.00–160.005681
Steers—Medium and Large 1378186.20/cwt185.00–188.007045
Steers—Medium and Large 1-2410191.00/cwt191.00–191.007832
Steers—Medium and Large 2440167.00/cwt167.00–167.007351
Steers—Medium and Large 1467188.51/cwt187.00–189.008804
Steers—Medium and Large 2476171.00/cwt171.00–171.008143
Steers—Medium and Large 1518174.04/cwt171.00–177.009022
Steers—Medium and Large 1-2540180.00/cwt180.00–180.009722
Steers—Medium and Large 2540162.00/cwt160.00–164.008752
Steers—Medium and Large 2558155.92/cwt150.00–162.008702
Steers—Medium and Large 1609159.12/cwt155.00–176.009697
Steers—Medium and Large 2625142.70/cwt138.00–146.008923
Steers—Medium and Large 2687143.00/cwt143.00–143.009822
Steers—Medium and Large 1955120.00/cwt120.00–120.001,1463
Feeder Cattle · Heifers13 lots · lightest first
Heifers—Medium and Large 2340141.00/cwt141.00–141.004791
Heifers—Medium and Large 1-2352161.00/cwt161.00–161.005672
Heifers—Medium and Large 2380141.13/cwt135.00–145.005364
Heifers—Medium and Large 1383152.99/cwt152.00–154.005862
Heifers—Medium and Large 2420141.00/cwt141.00–141.005921
Heifers—Medium and Large 1-2425158.00/cwt158.00–158.006722
Heifers—Medium and Large 1432148.69/cwt145.00–153.006423
Heifers—Medium and Large 1455148.00/cwt146.00–150.006732
Heifers—Medium and Large 3465132.02/cwt130.00–134.006142
Heifers—Medium and Large 1512149.02/cwt144.00–150.007636
Heifers—Medium and Large 2545131.00/cwt131.00–131.007141
Heifers—Medium and Large 1605135.00/cwt135.00–135.008171
Heifers—Medium and Large 2635120.00/cwt120.00–120.007621
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1415164.35/cwt163.00–165.006823
Bulls—Medium and Large 2430158.00/cwt158.00–158.006791
Bulls—Medium and Large 2490150.00/cwt150.00–150.007351
Bulls—Medium and Large 1495160.00/cwt160.00–160.007921
Bulls—Medium and Large 1518153.45/cwt150.00–157.007952
Bulls—Medium and Large 2573139.00/cwt138.00–140.007962
Bulls—Medium and Large 1750127.00/cwt127.00–127.009531
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,19285.28/cwt82.50–89.501,0173
Bulls——2,110110.00/cwt110.00–110.002,3211
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%1,00153.84/cwt50.50–55.005398
Cows—Lean 85-90%1,04541.78/cwt40.00–44.004374
Cows—Lean 85-90%1,21369.46/cwt68.50–70.508432
Cows—Boner 80-85%1,41378.08/cwt76.50–80.001,1032
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,150910.00/cwt910.00–910.0010,4651

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.