Sale reports / Mississippi / Meridian Livestock Auction / 2022-06-20

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 20
● Final54 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
130 head
▼ 160 vs last sale 290▼ 273 vs year ago 403 · −67.7%
Slaughter Cattle receipts
37 head
▼ 6 vs last sale 43▼ 32 vs year ago 69 · −46.4%
Replacement Cattle receipts
24 head
▲ 14 vs last sale 10▼ 42 vs year ago 66 · −63.6%
View

Reporter comment USDA

As filed

Good day, small offering of calves today and quality was no where near last weeks. So feeder calves were steady and slaughter cows were 3-5 higher and bulls steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $134.28/cwt on 34 head.
Average price
$134.28
34 head · 545 lb average
Value per head Derived
$732
Price × average weight ÷ 100
Grade differential Derived
−$71
per head · Medium and Large 2 over Medium and Large 3
$12.59/cwt at this weight
vs the market
−7.33
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2420137.3457610thin
Medium and Large 1637137.1387316thin
Medium and Large 3519124.756478thin
One grade step is worth $12.59/cwt here — about −$71 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 sale34 hd
134.28
—
MS average13 barns · 994 hd
141.60
−7.33
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—Average1,393100.921,4062thin
CowsBoner 80-85%Average1,17282.9797215
CowsBreaker 75-80%Average1,47878.181,1562thin
CowsLean 85-90%Very Low92267.4862214

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,133$1,0002thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,131$9204thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,068$8902thin

Every lot

54 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 3363158.98/cwt158.00–160.005772
Steers—Medium and Large 2382169.36/cwt167.00–171.006473
Steers—Medium and Large 2405163.00/cwt163.00–163.006601
Steers—Medium and Large 1415168.00/cwt168.00–168.006972
Steers—Medium and Large 1460170.00/cwt170.00–170.007821
Steers—Medium and Large 2474161.56/cwt158.00–166.007665
Steers—Medium and Large 3500140.00/cwt140.00–140.007001
Steers—Medium and Large 1540158.00/cwt158.00–158.008531
Steers—Medium and Large 3573134.08/cwt130.00–136.007683
Steers—Medium and Large 1574167.68/cwt158.00–169.009628
Steers—Medium and Large 2600140.00/cwt140.00–140.008401
Steers—Medium and Large 2668134.00/cwt133.00–135.008952
Steers—Medium and Large 2710124.98/cwt122.00–128.008872
Steers—Medium and Large 1800132.00/cwt132.00–132.001,0561
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 2315145.24/cwt140.00–150.004582
Heifers—Medium and Large 3315135.00/cwt135.00–135.004252
Heifers—Medium and Large 2380140.51/cwt135.00–143.005344
Heifers—Medium and Large 1405145.00/cwt145.00–145.005871
Heifers—Medium and Large 2415133.46/cwt130.00–137.005542
Heifers—Medium and Large 1465142.00/cwt142.00–142.006601
Heifers—Medium and Large 3465126.00/cwt126.00–126.005861
Heifers—Medium and Large 3510125.00/cwt125.00–125.006381
Heifers—Medium and Large 1528138.49/cwt138.00–139.007312
Heifers—Medium and Large 1563140.03/cwt138.00–142.007882
Heifers—Medium and Large 3578125.00/cwt125.00–125.007232
Heifers—Medium and Large 2590131.00/cwt131.00–131.007731
Heifers—Medium and Large 3620115.00/cwt115.00–115.007131
Heifers—Medium and Large 2625123.00/cwt123.00–123.007691
Heifers—Medium and Large 1650135.00/cwt135.00–135.008781
Heifers—Medium and Large 1721135.00/cwt135.00–135.009739
Heifers—Medium and Large 3770112.00/cwt112.00–112.008621
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1405154.00/cwt154.00–154.006241
Bulls—Medium and Large 2420141.00/cwt141.00–141.005922
Bulls—Medium and Large 2480135.00/cwt135.00–135.006481
Bulls—Medium and Large 1485150.00/cwt150.00–150.007281
Bulls—Medium and Large 3485132.00/cwt132.00–132.006401
Bulls—Medium and Large 1510130.00/cwt130.00–130.006631
Bulls—Medium and Large 2520125.00/cwt125.00–125.006501
Bulls—Medium and Large 1570135.00/cwt135.00–135.007701
Bulls—Medium and Large 2580122.00/cwt122.00–122.007081
Bulls—Medium and Large 1618122.96/cwt120.00–126.007602
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,393100.92/cwt99.50–102.001,4062
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%82863.73/cwt61.00–69.505285
Cows—Lean 85-90%86551.47/cwt50.00–53.004452
Cows—Lean 85-90%1,00674.73/cwt71.00–77.507527
Cows—Boner 80-85%1,16984.91/cwt80.00–90.009938
Cows—Boner 80-85%1,17378.46/cwt78.00–79.509206
Cows—Boner 80-85%1,19094.50/cwt94.50–94.501,1251
Cows—Breaker 75-80%1,47878.18/cwt77.50–78.751,1562
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 21,040830.00/head830.00–830.008301
Bred Cows—Medium and Large 11,095950.00/head950.00–950.009501
Bred Cows—Medium and Large 21,125830.00/head830.00–830.008301
Bred Cows—Medium and Large 11,1331,000.00/head1,000.00–1,000.001,0002
Bred Cows—Medium and Large 11,133950.00/head950.00–950.009503

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.