Sale reports / Mississippi / Meridian Livestock Auction / 2022-04-18

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 18
● Final44 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
115 head
▼ 36 vs last sale 151▼ 306 vs year ago 421 · −72.7%
Slaughter Cattle receipts
26 head
▼ 9 vs last sale 35▼ 23 vs year ago 49 · −46.9%
Replacement Cattle receipts
28 head
▼ 6 vs last sale 34▼ 36 vs year ago 64 · −56.3%
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $161.29/cwt on 41 head.
Average price
$161.29
41 head · 597 lb average
Value per head Derived
$963
Price × average weight ÷ 100
Grade differential Derived
$33
per head · Medium and Large 1 over Medium and Large 3
$21.08/cwt at this weight
vs the market
+3.97
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1585166.0897124
Medium and Large 2610155.8195015thin
Medium and Large 3648145.009392thin
One grade step is worth $21.08/cwt here — about $33 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 sale41 hd
161.29
—
MS average13 barns · 774 hd
157.33
+3.97
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—Average1,705106.001,8071thin
CowsBoner 80-85%Average1,20482.9899913
CowsLean 85-90%Average1,14276.258719thin

Every lot

44 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 1418182.47/cwt181.00–184.007632
Steers—Medium and Large 1464177.00/cwt176.00–178.008215
Steers—Medium and Large 2465169.00/cwt169.00–169.007861
Steers—Medium and Large 2518165.73/cwt160.00–169.008583
Steers—Medium and Large 1533174.19/cwt170.00–180.009285
Steers—Medium and Large 1565175.52/cwt173.00–178.009922
Steers—Medium and Large 2573163.93/cwt161.00–167.009392
Steers—Medium and Large 2600150.00/cwt150.00–150.009001
Steers—Medium and Large 1622166.96/cwt165.00–170.001,0383
Steers—Medium and Large 3640146.00/cwt146.00–146.009341
Steers—Medium and Large 3655144.00/cwt144.00–144.009431
Steers—Medium and Large 2673149.13/cwt145.00–156.001,0048
Steers—Medium and Large 1737145.01/cwt140.00–148.001,0696
Steers—Medium and Large 1800143.00/cwt143.00–143.001,1441
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1355162.00/cwt162.00–162.005751
Heifers—Medium and Large 3360128.00/cwt128.00–128.004611
Heifers—Medium and Large 2390147.00/cwt147.00–147.005731
Heifers—Medium and Large 1422159.42/cwt155.00–161.006737
Heifers—Medium and Large 1463155.51/cwt153.00–158.007202
Heifers—Medium and Large 2470149.00/cwt149.00–149.007001
Heifers—Medium and Large 3510125.00/cwt125.00–125.006381
Heifers—Medium and Large 1513147.48/cwt145.00–150.007574
Heifers—Medium and Large 2560134.50/cwt134.00–135.007532
Heifers—Medium and Large 1570149.00/cwt143.00–150.008497
Heifers—Medium and Large 3585125.00/cwt125.00–125.007311
Heifers—Medium and Large 3613119.51/cwt119.00–120.007332
Heifers—Medium and Large 2620130.00/cwt130.00–130.008061
Heifers—Medium and Large 2655125.00/cwt125.00–125.008191
Heifers—Medium and Large 3670110.00/cwt110.00–110.007371
Heifers—Medium and Large 1690146.00/cwt146.00–146.001,0071
Heifers—Medium and Large 1700128.50/cwt128.00–129.009002
Heifers—Medium and Large 2715119.33/cwt119.00–120.008533
Heifers—Medium and Large 2760115.00/cwt115.00–115.008741
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1618132.45/cwt130.00–135.008192
Bulls—Medium and Large 1675125.00/cwt125.00–125.008441
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,705106.00/cwt106.00–106.001,8071
Slaughter Cattle · Cows2 lots · lightest first
Cows—Lean 85-90%1,14276.25/cwt72.00–78.508719
Cows—Boner 80-85%1,20482.98/cwt79.00–85.0099913
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0951,025.00/cwt1,025.00–1,025.0011,2242
Cow-Calf Pairs—Medium and Large 11,1801,220.00/cwt1,220.00–1,220.0014,3962
Cow-Calf Pairs—Medium and Large 11,3801,380.00/cwt1,380.00–1,380.0019,0442
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2805700.00/cwt700.00–700.005,6351
Bred Cows—Medium and Large 2930820.00/cwt820.00–820.007,6261
Bred Cows—Medium and Large 21,060710.00/cwt710.00–710.007,5261

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.