Sale reports / Mississippi / Meridian Livestock Auction / 2022-06-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 27
● Final65 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
528 head
▲ 398 vs last sale 130▲ 208 vs year ago 320 · +65.0%
Slaughter Cattle receipts
53 head
▲ 16 vs last sale 37▼ 51 vs year ago 104 · −49.0%
Replacement Cattle receipts
19 head
▼ 5 vs last sale 24▼ 242 vs year ago 261 · −92.7%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-5 higher, slaughter cows steady and bulls 2-5 higher. Sold three loads of weaned black hided steers load one 90 head @593 lbs. @ $1.76, load two 72 head @ 740 lbs. @ $ 1.6375 and load three 58 head @ 840 lbs. @ $ 1.5650. Do not forget no sales next week for independence day.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $163.18/cwt on 387 head.
Average price
$163.18
387 head · 653 lb average
Value per head Derived
$1,065
Price × average weight ÷ 100
Grade differential Derived
$444
per head · Medium and Large 1-2 over Medium and Large 3
$23.67/cwt at this weight
vs the market
+4.86
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2692167.561,159237
Medium and Large 1610159.34972105
Medium and Large 2561150.5184535
Medium and Large 3497143.8971510thin
One grade step is worth $23.67/cwt here — about $444 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 sale387 hd
163.18
—
MS average13 barns · 1,211 hd
158.32
+4.86
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—Average1,614106.891,7256thin
CowsBoner 80-85%Low1,22585.911,05215
CowsBreaker 75-80%Average1,41077.501,0931thin

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/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,210$1,0501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,215$1,0501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,015$8852thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,248$1,1984thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,085$1,1154thin

Every lot

65 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 · Steers28 lots · lightest first
Steers—Medium and Large 2300169.00/cwt169.00–169.005071
Steers—Medium and Large 1323182.47/cwt178.00–187.005892
Steers—Medium and Large 3345158.00/cwt158.00–158.005451
Steers—Medium and Large 3360161.00/cwt161.00–161.005801
Steers—Medium and Large 1362181.01/cwt178.00–185.006553
Steers—Medium and Large 2376174.01/cwt172.00–177.006544
Steers—Medium and Large 1414166.50/cwt165.00–169.006896
Steers—Medium and Large 2427152.02/cwt149.00–155.006493
Steers—Medium and Large 3450143.00/cwt143.00–143.006441
Steers—Medium and Large 2455151.00/cwt151.00–151.006871
Steers—Medium and Large 1482164.22/cwt160.00–167.0079210
Steers—Medium and Large 1-2505174.00/cwt174.00–174.0087917
Steers—Medium and Large 3509141.39/cwt140.00–142.007205
Steers—Medium and Large 2521151.25/cwt146.00–155.007884
Steers—Medium and Large 1537166.18/cwt157.00–169.008924
Steers—Medium and Large 1577163.39/cwt157.00–165.0094315
Steers—Medium and Large 3585137.00/cwt137.00–137.008011
Steers—Medium and Large 1-2593176.00/cwt176.00–176.001,04490
Steers—Medium and Large 1615160.92/cwt160.00–163.0099036
Steers—Medium and Large 2625144.92/cwt143.00–150.0090617
Steers—Medium and Large 2678145.40/cwt144.00–148.009865
Steers—Medium and Large 3685133.00/cwt133.00–133.009111
Steers—Medium and Large 1729150.83/cwt142.00–152.001,10016
Steers—Medium and Large 1-2740164.00/cwt164.00–164.001,21472
Steers—Medium and Large 1765144.87/cwt140.00–149.001,1087
Steers—Medium and Large 1829143.00/cwt143.00–143.001,1855
Steers—Medium and Large 1-2840157.00/cwt157.00–157.001,31958
Steers—Medium and Large 1920130.00/cwt130.00–130.001,1961
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1305153.00/cwt153.00–153.004672
Heifers—Medium and Large 2365142.00/cwt142.00–142.005181
Heifers—Medium and Large 3395138.00/cwt138.00–138.005451
Heifers—Medium and Large 1415144.00/cwt144.00–144.005981
Heifers—Medium and Large 2445140.00/cwt140.00–140.006231
Heifers—Medium and Large 2460140.00/cwt140.00–140.006441
Heifers—Medium and Large 1471143.01/cwt142.00–145.006747
Heifers—Medium and Large 1510139.50/cwt139.00–140.007112
Heifers—Medium and Large 2530134.94/cwt133.00–137.007152
Heifers—Medium and Large 2555136.00/cwt136.00–136.007551
Heifers—Medium and Large 3575128.00/cwt128.00–128.007361
Heifers—Medium and Large 1580141.50/cwt139.00–144.008212
Heifers—Medium and Large 2611132.62/cwt129.00–134.008108
Heifers—Medium and Large 1615144.00/cwt144.00–144.008861
Heifers—Medium and Large 3630120.00/cwt120.00–120.007561
Heifers—Medium and Large 2663130.00/cwt130.00–130.008623
Heifers—Medium and Large 3672122.32/cwt119.00–125.008223
Heifers—Medium and Large 1715131.00/cwt131.00–131.009371
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 2455135.00/cwt135.00–135.006141
Bulls—Medium and Large 1510133.92/cwt130.00–140.006833
Bulls—Medium and Large 2517124.37/cwt120.00–128.006433
Bulls—Medium and Large 2573120.29/cwt114.00–125.006896
Bulls—Medium and Large 1575132.51/cwt132.00–133.007622
Bulls—Medium and Large 1612122.01/cwt119.00–124.007473
Bulls—Medium and Large 1685119.00/cwt119.00–119.008151
Bulls—Medium and Large 2700107.00/cwt107.00–107.007491
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,395100.66/cwt98.00–104.001,4042
Bulls——1,723110.01/cwt107.00–114.501,8954
Slaughter Cattle · Cows3 lots · lightest first
Cows—Boner 80-85%1,21883.61/cwt82.50–84.501,0187
Cows—Boner 80-85%1,23187.93/cwt85.00–94.251,0828
Cows—Breaker 75-80%1,41077.50/cwt77.50–77.501,0931
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 21,015884.85/head870.00–900.008852
Bred Cows—Medium and Large 11,2101,050.00/head1,050.00–1,050.001,0501
Bred Cows—Medium and Large 11,2151,050.00/head1,050.00–1,050.001,0501
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 19851,130.00/head1,130.00–1,130.001,1302
Cow-Calf Pairs—Medium and Large 11,1851,100.00/head1,100.00–1,100.001,1002
Cow-Calf Pairs—Medium and Large 11,2481,197.58/head1,185.00–1,210.001,1984

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.