Sale reports / Mississippi / Meridian Livestock Auction / 2022-07-18

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 18
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
289 head
▼ 102 vs last sale 391▲ 76 vs year ago 213 · +35.7%
Slaughter Cattle receipts
40 head
▼ 64 vs last sale 104▲ 4 vs year ago 36 · +11.1%
Replacement Cattle receipts
17 head
▼ 16 vs last sale 33▲ 4 vs year ago 13 · +30.8%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-7 higher and slaughter cows and bulls were 5-10 lower.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $170.92/cwt on 100 head.
Average price
$170.92
100 head · 484 lb average
Value per head Derived
$828
Price × average weight ÷ 100
Grade differential Derived
$157
per head · Medium and Large 1-2 over Medium and Large 2
$24.98/cwt at this weight
vs the market
+11.64
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2532181.009636thin
Medium and Large 1474175.0582968
Medium and Large 3431165.357125thin
Medium and Large 2516156.0280621
One grade step is worth $24.98/cwt here — about $157 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 sale100 hd
170.92
—
MS average13 barns · 1,202 hd
159.28
+11.64
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—Average1,63196.841,5794thin
CowsBoner 80-85%Average1,34264.488657thin
CowsBreaker 75-80%Average1,51961.229304thin
CowsLean 85-90%Average1,02752.5454019

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,185$1,0803thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,065$1,0601thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,350$1,0501thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,225$1,0001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,083$9552thin

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 1285192.00/cwt192.00–192.005471
Steers—Medium and Large 2323176.33/cwt170.00–180.005704
Steers—Medium and Large 1328186.71/cwt183.00–192.006126
Steers—Medium and Large 1370184.68/cwt182.00–190.006838
Steers—Medium and Large 3375168.00/cwt168.00–168.006301
Steers—Medium and Large 2380174.00/cwt174.00–174.006611
Steers—Medium and Large 1413181.75/cwt176.00–185.0075118
Steers—Medium and Large 2415170.00/cwt170.00–170.007061
Steers—Medium and Large 3428163.91/cwt160.00–168.007023
Steers—Medium and Large 2465172.53/cwt170.00–175.008022
Steers—Medium and Large 1481184.42/cwt178.00–185.0088712
Steers—Medium and Large 3495167.00/cwt167.00–167.008271
Steers—Medium and Large 2520152.18/cwt150.00–160.007916
Steers—Medium and Large 1526163.27/cwt162.00–165.008594
Steers—Medium and Large 1-2532181.00/cwt180.00–183.009636
Steers—Medium and Large 1550166.00/cwt162.00–170.009132
Steers—Medium and Large 2590156.00/cwt156.00–156.009201
Steers—Medium and Large 1606156.85/cwt154.00–160.0095115
Steers—Medium and Large 2645133.50/cwt132.00–135.008612
Steers—Medium and Large 2673139.30/cwt132.00–149.009373
Steers—Medium and Large 1690150.00/cwt150.00–150.001,0351
Steers—Medium and Large 2810128.00/cwt128.00–128.001,0371
Steers—Medium and Large 1820141.00/cwt141.00–141.001,1561
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1285157.00/cwt157.00–157.004471
Heifers—Medium and Large 2300145.00/cwt145.00–145.004351
Heifers—Medium and Large 1314152.67/cwt150.00–158.004794
Heifers—Medium and Large 3360136.00/cwt136.00–136.004901
Heifers—Medium and Large 1367155.20/cwt148.00–159.005706
Heifers—Medium and Large 2370142.97/cwt141.00–145.005292
Heifers—Medium and Large 1427150.14/cwt145.00–153.0064116
Heifers—Medium and Large 2429141.43/cwt139.00–143.006077
Heifers—Medium and Large 1465146.00/cwt146.00–146.006791
Heifers—Medium and Large 2468139.34/cwt138.00–142.006526
Heifers—Medium and Large 2528133.61/cwt130.00–136.007053
Heifers—Medium and Large 1530140.74/cwt136.00–143.007466
Heifers—Medium and Large 1550137.00/cwt137.00–137.007541
Heifers—Medium and Large 3550125.00/cwt125.00–125.006881
Heifers—Medium and Large 2558132.50/cwt132.00–133.007392
Heifers—Medium and Large 1608132.51/cwt131.00–134.008062
Heifers—Medium and Large 2635120.00/cwt120.00–120.007621
Heifers—Medium and Large 2680122.61/cwt119.00–128.008343
Heifers—Medium and Large 1695140.00/cwt140.00–140.009731
Heifers—Medium and Large 1-21,068117.00/cwt117.00–117.001,25011
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1420154.00/cwt154.00–154.006471
Bulls—Medium and Large 3435135.00/cwt135.00–135.005871
Bulls—Medium and Large 1470153.09/cwt146.00–159.007204
Bulls—Medium and Large 2478144.02/cwt143.00–145.006882
Bulls—Medium and Large 3483135.97/cwt135.00–137.006572
Bulls—Medium and Large 2515132.85/cwt128.00–138.006842
Bulls—Medium and Large 1520144.00/cwt140.00–147.007493
Bulls—Medium and Large 3560124.00/cwt124.00–124.006941
Bulls—Medium and Large 1570149.00/cwt149.00–149.008491
Bulls—Medium and Large 1630140.00/cwt140.00–140.008821
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,62394.69/cwt92.50–96.501,5372
Bulls——1,63898.99/cwt98.00–100.001,6212
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%93739.46/cwt35.00–45.003705
Cows—Lean 85-90%96953.46/cwt50.00–56.005185
Cows—Lean 85-90%1,10959.29/cwt57.50–62.506589
Cows—Boner 80-85%1,34264.48/cwt63.00–68.008657
Cows—Breaker 75-80%1,51961.22/cwt60.00–63.009304
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 11,0451,010.00/head1,010.00–1,010.001,0101
Bred Cows—Medium and Large 11,0651,060.00/head1,060.00–1,060.001,0601
Bred Cows—Medium and Large 21,120900.00/head900.00–900.009001
Bred Cows—Medium and Large 11,1851,080.00/head1,060.00–1,090.001,0803
Bred Cows—Medium and Large 11,2251,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 11,3501,050.00/head1,050.00–1,050.001,0501

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.