Sale reports / Mississippi / Meridian Livestock Auction / 2022-07-11

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 11
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
391 head
▼ 137 vs last sale 528▲ 113 vs year ago 278 · +40.6%
Slaughter Cattle receipts
104 head
▲ 51 vs last sale 53▲ 40 vs year ago 64 · +62.5%
Replacement Cattle receipts
33 head
▲ 14 vs last sale 19▲ 13 vs year ago 20 · +65.0%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady, and slaughter cows 3-5 lower and bulls were steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $139.68/cwt on 89 head.
Average price
$139.68
89 head · 564 lb average
Value per head Derived
$787
Price × average weight ÷ 100
Grade differential Derived
$112
per head · Medium and Large 1-2 over Medium and Large 3
$37.00/cwt at this weight
vs the market
+2.71
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2561157.0088123
Medium and Large 1560137.7977229
Medium and Large 2557132.0273532
Medium and Large 3641120.007695thin
One grade step is worth $37.00/cwt here — about $112 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 sale89 hd
139.68
—
MS average7 barns · 744 hd
136.97
+2.71
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—Low1,49798.411,4747thin
CowsBoner 80-85%Average1,16880.5594115
CowsBreaker 75-80%Average1,38872.491,0068thin
CowsLean 85-90%Very Low98663.6062725

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)1,128$9892thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)975$8701thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)870$8201thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)920$8001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,200$1,1802thin

Every lot

66 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 · Steers23 lots · lightest first
Steers—Medium and Large 3310155.00/cwt155.00–155.004811
Steers—Medium and Large 1329174.79/cwt173.00–178.005754
Steers—Medium and Large 2338163.07/cwt160.00–166.005512
Steers—Medium and Large 2368165.05/cwt163.00–166.006073
Steers—Medium and Large 1385177.49/cwt177.00–178.006832
Steers—Medium and Large 2403162.33/cwt162.00–163.006543
Steers—Medium and Large 1415170.82/cwt165.00–174.007095
Steers—Medium and Large 3425146.93/cwt145.00–149.006242
Steers—Medium and Large 1466170.00/cwt170.00–170.007926
Steers—Medium and Large 2468159.49/cwt159.00–160.007462
Steers—Medium and Large 3473151.04/cwt149.00–155.007144
Steers—Medium and Large 1528152.51/cwt150.00–155.008052
Steers—Medium and Large 1565153.48/cwt150.00–156.008674
Steers—Medium and Large 2578144.52/cwt143.00–146.008352
Steers—Medium and Large 3585134.00/cwt134.00–134.007841
Steers—Medium and Large 1621142.72/cwt139.00–146.008868
Steers—Medium and Large 2630137.67/cwt137.00–138.008673
Steers—Medium and Large 1675142.00/cwt142.00–142.009593
Steers—Medium and Large 2676135.26/cwt133.00–136.009144
Steers—Medium and Large 1-2757144.00/cwt144.00–144.001,0907
Steers—Medium and Large 1778135.07/cwt132.00–138.001,0512
Steers—Medium and Large 2840120.00/cwt120.00–120.001,0081
Steers—Medium and Large 1-2841149.00/cwt149.00–149.001,2533
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 2330139.00/cwt139.00–139.004591
Heifers—Medium and Large 1335145.00/cwt145.00–145.004862
Heifers—Medium and Large 2383135.00/cwt135.00–135.005172
Heifers—Medium and Large 1433139.81/cwt137.00–142.006054
Heifers—Medium and Large 2440135.00/cwt135.00–135.005941
Heifers—Medium and Large 1464141.38/cwt136.00–145.006564
Heifers—Medium and Large 2472137.00/cwt137.00–137.006477
Heifers—Medium and Large 3490138.00/cwt138.00–138.006761
Heifers—Medium and Large 1515138.49/cwt138.00–139.007132
Heifers—Medium and Large 2523131.44/cwt129.00–134.006872
Heifers—Medium and Large 1-2561157.00/cwt157.00–157.0088123
Heifers—Medium and Large 1573139.03/cwt136.00–140.007976
Heifers—Medium and Large 2580132.00/cwt131.00–133.007663
Heifers—Medium and Large 1604137.01/cwt134.00–138.008287
Heifers—Medium and Large 2613129.89/cwt128.00–131.0079612
Heifers—Medium and Large 3640118.49/cwt117.00–120.007582
Heifers—Medium and Large 3670120.00/cwt120.00–120.008041
Heifers—Medium and Large 2675129.03/cwt128.00–130.008712
Heifers—Medium and Large 1705130.00/cwt130.00–130.009171
Heifers—Medium and Large 2740122.99/cwt121.00–125.009102
Heifers—Medium and Large 3765105.00/cwt105.00–105.008031
Heifers—Medium and Large 1861127.00/cwt127.00–127.001,0933
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1415151.61/cwt150.00–155.006293
Bulls—Medium and Large 1475145.00/cwt145.00–145.006891
Bulls—Medium and Large 3495138.00/cwt138.00–138.006831
Bulls—Medium and Large 2515126.65/cwt125.00–130.006523
Bulls—Medium and Large 1525138.00/cwt138.00–138.007251
Bulls—Medium and Large 1550135.00/cwt135.00–135.007431
Bulls—Medium and Large 2569126.97/cwt125.00–130.007224
Bulls—Medium and Large 1620128.37/cwt125.00–130.007963
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,42388.31/cwt87.00–90.001,2572
Bulls——1,46999.06/cwt92.00–103.001,4554
Bulls——1,760116.00/cwt116.00–116.002,0421
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%83644.54/cwt40.00–51.503726
Cows—Lean 85-90%97764.05/cwt59.00–68.506269
Cows—Lean 85-90%1,08374.64/cwt71.50–78.5080810
Cows—Boner 80-85%1,16880.55/cwt79.00–83.5094115
Cows—Breaker 75-80%1,38872.49/cwt68.00–76.001,0068
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2870820.00/head820.00–820.008201
Bred Cows—Medium and Large 2920800.00/head800.00–800.008001
Bred Cows—Medium and Large 2975870.00/head870.00–870.008701
Bred Cows—Medium and Large 21,128988.98/head970.00–1,010.009892
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,2001,180.00/head1,180.00–1,180.001,1802

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.