Sale reports / Mississippi / Meridian Livestock Auction / 2022-08-22

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 22
● Final63 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
373 head
▼ 149 vs last sale 522▼ 50 vs year ago 423 · −11.8%
Slaughter Cattle receipts
53 head
▲ 15 vs last sale 38▲ 11 vs year ago 42 · +26.2%
Replacement Cattle receipts
18 head
▼ 15 vs last sale 33▲ 6 vs year ago 12 · +50.0%
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $177.82/cwt on 116 head.
Average price
$177.82
116 head · 520 lb average
Value per head Derived
$925
Price × average weight ÷ 100
Grade differential Derived
$176
per head · Medium and Large 1 over Medium and Large 3
$23.91/cwt at this weight
vs the market
+4.87
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1514188.1396751
Medium and Large 2542171.8593147
Medium and Large 3482164.2279218thin
One grade step is worth $23.91/cwt here — about $176 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 sale116 hd
177.82
—
MS average12 barns · 1,075 hd
172.95
+4.87
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—Average1,21894.871,1564thin
CowsBoner 80-85%Average1,18380.0394713
CowsBreaker 75-80%Average1,13073.508311thin
CowsLean 85-90%Low93467.2562817

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)1,510$1,2001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,085$9251thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)670$7751thin
Cow-Calf Pairs1st Stage (1-3 mo)Young (2-4 yrs)1,205$1,4252thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,115$1,2502thin

Every lot

63 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 · Steers24 lots · lightest first
Steers—Medium and Large 1210207.00/cwt207.00–207.004351
Steers—Medium and Large 3318181.58/cwt180.00–183.005772
Steers—Medium and Large 1332211.02/cwt201.00–218.007018
Steers—Medium and Large 2337197.29/cwt193.00–200.006653
Steers—Medium and Large 3360185.00/cwt185.00–185.006661
Steers—Medium and Large 1375215.78/cwt210.00–220.008097
Steers—Medium and Large 2380196.64/cwt192.00–199.007473
Steers—Medium and Large 2415188.26/cwt182.00–195.007815
Steers—Medium and Large 3426173.13/cwt169.00–179.007385
Steers—Medium and Large 1428209.08/cwt199.00–216.008955
Steers—Medium and Large 1450210.00/cwt210.00–210.009451
Steers—Medium and Large 3455178.00/cwt178.00–178.008101
Steers—Medium and Large 2482188.83/cwt185.00–192.0091012
Steers—Medium and Large 1506187.85/cwt182.00–190.009519
Steers—Medium and Large 2520166.54/cwt160.00–176.008664
Steers—Medium and Large 3535143.00/cwt143.00–143.007651
Steers—Medium and Large 3570152.64/cwt140.00–156.008708
Steers—Medium and Large 2580161.97/cwt160.00–163.009396
Steers—Medium and Large 2623145.26/cwt140.00–150.009053
Steers—Medium and Large 1635160.00/cwt160.00–160.001,0161
Steers—Medium and Large 1653163.99/cwt155.00–165.001,07114
Steers—Medium and Large 2687153.00/cwt153.00–153.001,0515
Steers—Medium and Large 1763157.38/cwt151.00–159.001,2015
Steers—Medium and Large 2763141.51/cwt141.00–144.001,0806
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 2305156.00/cwt156.00–156.004761
Heifers—Medium and Large 1325161.93/cwt160.00–165.005263
Heifers—Medium and Large 1368167.80/cwt164.00–171.006184
Heifers—Medium and Large 3385142.00/cwt142.00–142.005472
Heifers—Medium and Large 1418160.64/cwt156.00–166.006713
Heifers—Medium and Large 3419138.75/cwt138.00–140.005814
Heifers—Medium and Large 2430149.95/cwt145.00–154.006453
Heifers—Medium and Large 2470147.15/cwt141.00–150.006928
Heifers—Medium and Large 3480139.01/cwt137.00–140.006674
Heifers—Medium and Large 1525143.00/cwt143.00–143.007511
Heifers—Medium and Large 3533134.64/cwt130.00–138.007185
Heifers—Medium and Large 1581146.69/cwt145.00–150.008526
Heifers—Medium and Large 2600133.00/cwt133.00–133.007981
Heifers—Medium and Large 1607146.68/cwt146.00–148.008903
Heifers—Medium and Large 2673131.10/cwt128.00–134.008822
Heifers—Medium and Large 1674146.47/cwt140.00–149.0098710
Heifers—Medium and Large 2735116.00/cwt116.00–116.008531
Heifers—Medium and Large 2765111.00/cwt111.00–111.008491
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1425158.95/cwt158.00–160.006762
Bulls—Medium and Large 1463160.65/cwt160.00–162.007443
Bulls—Medium and Large 2475150.00/cwt150.00–150.007131
Bulls—Medium and Large 1525163.55/cwt161.00–166.008592
Bulls—Medium and Large 2538153.52/cwt152.00–155.008262
Bulls—Medium and Large 3538137.69/cwt133.00–144.007413
Bulls—Medium and Large 2580155.00/cwt155.00–155.008991
Bulls—Medium and Large 1640138.50/cwt138.00–139.008862
Bulls—Medium and Large 1665139.00/cwt139.00–139.009241
Bulls—Medium and Large 2780118.00/cwt118.00–118.009201
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,21894.87/cwt92.00–99.501,1564
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%82546.56/cwt43.00–52.503843
Cows—Lean 85-90%92264.32/cwt59.00–68.005933
Cows—Lean 85-90%96773.69/cwt70.50–76.5071311
Cows—Breaker 75-80%1,13073.50/cwt73.50–73.508311
Cows—Boner 80-85%1,18380.03/cwt78.00–83.5094713
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2670775.00/head775.00–775.007751
Bred Cows—Medium and Large 21,085925.00/head925.00–925.009251
Bred Cows—Medium and Large 11,5101,200.00/head1,200.00–1,200.001,2001
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1151,250.00/head1,250.00–1,250.001,2502
Cow-Calf Pairs—Medium and Large 11,2051,425.00/head1,425.00–1,425.001,4252

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.