Sale reports / Mississippi / Meridian Livestock Auction / 2022-04-11

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 11
● Final49 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
151 head
▼ 12 vs last sale 163▼ 367 vs year ago 518 · −70.8%
Slaughter Cattle receipts
35 head
▼ 9 vs last sale 44▲ 8 vs year ago 27 · +29.6%
Replacement Cattle receipts
34 head
▼ 169 vs last sale 203▼ 13 vs year ago 47 · −27.7%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were steady. Slaughter cows and bulls were 2-5 lower.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $172.41/cwt on 29 head.
Average price
$172.41
29 head · 436 lb average
Value per head Derived
$752
Price × average weight ÷ 100
Grade differential Derived
$198
per head · Medium and Large 1 over Medium and Large 3
$13.38/cwt at this weight
vs the market
+5.42
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1448175.3878521
Medium and Large 2422165.496986thin
Medium and Large 3363162.005872thin
One grade step is worth $13.38/cwt here — about $198 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 sale29 hd
172.41
—
MS average13 barns · 772 hd
166.99
+5.42
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—Average1,780103.271,8395thin
CowsBoner 80-85%Average1,16882.389628thin
CowsBreaker 75-80%Average1,35374.201,0042thin
CowsLean 85-90%Low96367.1364615

Every lot

49 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 · Steers16 lots · lightest first
Steers—Medium and Large 1208203.78/cwt198.00–210.004242
Steers—Medium and Large 3335160.00/cwt160.00–160.005361
Steers—Medium and Large 1340181.50/cwt180.00–183.006172
Steers—Medium and Large 2345167.00/cwt167.00–167.005761
Steers—Medium and Large 1369184.93/cwt182.00–187.006824
Steers—Medium and Large 2370172.32/cwt172.00–173.006383
Steers—Medium and Large 3390164.00/cwt164.00–164.006401
Steers—Medium and Large 2415160.00/cwt160.00–160.006641
Steers—Medium and Large 1427174.21/cwt170.00–178.007443
Steers—Medium and Large 1467176.34/cwt176.00–177.008243
Steers—Medium and Large 1517165.03/cwt162.00–168.008533
Steers—Medium and Large 1590162.00/cwt162.00–162.009561
Steers—Medium and Large 1640158.00/cwt158.00–158.001,0111
Steers—Medium and Large 1660153.00/cwt153.00–153.001,0101
Steers—Medium and Large 2660149.00/cwt149.00–149.009831
Steers—Medium and Large 1705153.00/cwt153.00–153.001,0791
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 2340142.00/cwt142.00–142.004831
Heifers—Medium and Large 1370153.46/cwt151.00–158.005685
Heifers—Medium and Large 3375135.00/cwt135.00–135.005061
Heifers—Medium and Large 2413143.98/cwt143.00–145.005952
Heifers—Medium and Large 1423153.00/cwt148.00–156.006474
Heifers—Medium and Large 3445125.00/cwt125.00–125.005561
Heifers—Medium and Large 1453150.32/cwt149.00–152.006813
Heifers—Medium and Large 3470128.00/cwt128.00–128.006021
Heifers—Medium and Large 2478138.95/cwt135.00–145.006643
Heifers—Medium and Large 1530143.53/cwt142.00–145.007612
Heifers—Medium and Large 2540132.00/cwt132.00–132.007131
Heifers—Medium and Large 2560130.00/cwt130.00–130.007281
Heifers—Medium and Large 1570138.00/cwt138.00–138.007871
Heifers—Medium and Large 2605116.98/cwt114.00–120.007082
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1420165.52/cwt165.00–166.006952
Bulls—Medium and Large 2460151.96/cwt148.00–156.006992
Bulls—Medium and Large 1525156.00/cwt156.00–156.008191
Bulls—Medium and Large 2582139.00/cwt139.00–139.008091
Bulls—Medium and Large 1605135.00/cwt135.00–135.008171
Bulls—Medium and Large 1670130.00/cwt130.00–130.008711
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,53893.73/cwt89.00–98.501,4422
Bulls——1,942109.63/cwt109.00–110.002,1293
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%88561.16/cwt58.50–66.005415
Cows—Lean 85-90%90353.80/cwt52.50–55.004862
Cows—Lean 85-90%1,02674.20/cwt70.00–77.507618
Cows—Boner 80-85%1,16882.38/cwt78.00–87.009628
Cows—Breaker 75-80%1,35374.20/cwt73.50–75.001,0042
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2920750.00/cwt750.00–750.006,9001
Bred Cows—Medium and Large 19651,000.00/cwt1,000.00–1,000.009,6501
Bred Cows—Medium and Large 11,1701,000.00/cwt1,000.00–1,000.0011,7001
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 28501,000.00/cwt1,000.00–1,000.008,5002
Cow-Calf Pairs—Medium and Large 11,2201,250.00/cwt1,250.00–1,250.0015,2502
Cow-Calf Pairs—Medium and Large 11,2251,250.00/cwt1,250.00–1,250.0015,3132

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.