Sale reports / Mississippi / Meridian Livestock Auction / 2022-08-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 1
● Final54 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
176 head
▼ 130 vs last sale 306▼ 73 vs year ago 249 · −29.3%
Slaughter Cattle receipts
29 head
▲ 2 vs last sale 27▼ 54 vs year ago 83 · −65.1%
Replacement Cattle receipts
7 head
▼ 12 vs last sale 19▼ 46 vs year ago 53 · −86.8%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-7 higher and slaughter cows were 5-10 higher and bulls steady. The slaughter markets finally getting a little stronger.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $173.70/cwt on 71 head.
Average price
$173.70
71 head · 502 lb average
Value per head Derived
$873
Price × average weight ÷ 100
Grade differential Derived
$8
per head · Medium and Large 2 over Medium and Large 3
$10.27/cwt at this weight
vs the market
+7.67
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2432175.417587thin
Medium and Large 1517174.5490257
Medium and Large 3454165.147507thin
One grade step is worth $10.27/cwt here — about $8 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 sale71 hd
173.70
—
MS average13 barns · 1,000 hd
166.03
+7.67
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—Average1,823100.671,8353thin
CowsBoner 80-85%Average1,33678.121,04411
CowsBreaker 75-80%Average1,37072.049874thin
CowsLean 85-90%Low1,14365.997546thin

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
Cow-Calf PairsOpenYoung (2-4 yrs)1,185$1,3802thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,245$1,2002thin

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 · Steers19 lots · lightest first
Steers—Medium and Large 1217201.00/cwt201.00–201.004364
Steers—Medium and Large 1265190.00/cwt190.00–190.005042
Steers—Medium and Large 1328198.04/cwt190.00–200.006508
Steers—Medium and Large 2391181.71/cwt170.00–186.007104
Steers—Medium and Large 1392197.00/cwt197.00–197.007722
Steers—Medium and Large 3395171.00/cwt171.00–171.006754
Steers—Medium and Large 2413176.52/cwt176.00–177.007292
Steers—Medium and Large 1425186.35/cwt182.00–189.007925
Steers—Medium and Large 3445170.00/cwt170.00–170.007571
Steers—Medium and Large 3475167.00/cwt167.00–167.007931
Steers—Medium and Large 1490188.00/cwt188.00–188.009217
Steers—Medium and Large 1567167.50/cwt165.00–168.0095010
Steers—Medium and Large 1630163.00/cwt163.00–163.001,0271
Steers—Medium and Large 2635148.00/cwt148.00–148.009401
Steers—Medium and Large 1676155.84/cwt153.00–157.001,0537
Steers—Medium and Large 3680135.00/cwt135.00–135.009181
Steers—Medium and Large 1722146.78/cwt146.00–150.001,0609
Steers—Medium and Large 1760148.00/cwt148.00–148.001,1251
Steers—Medium and Large 1815141.00/cwt141.00–141.001,1491
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1255169.00/cwt169.00–169.004316
Heifers—Medium and Large 1318158.00/cwt158.00–158.005024
Heifers—Medium and Large 1370152.11/cwt152.00–153.005639
Heifers—Medium and Large 2385140.00/cwt140.00–140.005391
Heifers—Medium and Large 1403146.02/cwt142.00–150.005882
Heifers—Medium and Large 2423138.50/cwt136.00–140.005864
Heifers—Medium and Large 1468143.49/cwt142.00–145.006722
Heifers—Medium and Large 2485140.00/cwt140.00–140.006791
Heifers—Medium and Large 1523147.27/cwt142.00–152.007708
Heifers—Medium and Large 1560159.00/cwt159.00–159.008901
Heifers—Medium and Large 1620153.66/cwt150.00–154.0095312
Heifers—Medium and Large 2630145.00/cwt145.00–145.009142
Heifers—Medium and Large 3655133.00/cwt133.00–133.008711
Heifers—Medium and Large 2658145.50/cwt145.00–146.009572
Heifers—Medium and Large 1663149.78/cwt146.00–153.009935
Heifers—Medium and Large 1710150.50/cwt150.00–151.001,0692
Heifers—Medium and Large 1905110.00/cwt110.00–110.009961
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 2400155.00/cwt155.00–155.006201
Bulls—Medium and Large 1408171.50/cwt171.00–172.007002
Bulls—Medium and Large 3430150.00/cwt150.00–150.006451
Bulls—Medium and Large 2453160.03/cwt154.00–166.007252
Bulls—Medium and Large 1455177.00/cwt177.00–177.008051
Bulls—Medium and Large 3480149.00/cwt149.00–149.007151
Bulls—Medium and Large 3550125.00/cwt125.00–125.006881
Bulls—Medium and Large 2575138.00/cwt138.00–138.007941
Bulls—Medium and Large 1660131.00/cwt131.00–131.008651
Bulls—Medium and Large 1700131.00/cwt131.00–131.009171
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,55092.00/cwt92.00–92.001,4261
Bulls——1,960105.00/cwt105.00–105.002,0582
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%89853.04/cwt52.00–54.004762
Cows—Lean 85-90%1,26572.47/cwt71.00–73.509174
Cows—Boner 80-85%1,33678.12/cwt74.50–81.001,04411
Cows—Breaker 75-80%1,37072.04/cwt68.50–75.009874
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1851,380.00/head1,380.00–1,380.001,3802
Cow-Calf Pairs—Medium and Large 11,2451,200.00/head1,200.00–1,200.001,2002

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.