Sale reports / Mississippi / Meridian Livestock Auction / 2022-09-26

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 26
● Final65 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
530 head
▲ 249 vs last sale 281▲ 171 vs year ago 359 · +47.6%
Slaughter Cattle receipts
53 head
▲ 0 vs last sale 53▲ 20 vs year ago 33 · +60.6%
Replacement Cattle receipts
38 head
▲ 17 vs last sale 21▼ 31 vs year ago 69 · −44.9%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-7 lower and slaughter cows were 3-6 lower. Sold a load of steers black hided 67 head weighing 785 lbs. @ $1.60 per lb. Sold another load of steers black hided 90 head weighing 558 lbs. @ $1.76 per lb.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $167.27/cwt on 236 head.
Average price
$167.27
236 head · 603 lb average
Value per head Derived
$1,009
Price × average weight ÷ 100
Grade differential Derived
$431
per head · Medium and Large 1-2 over Medium and Large 3
$13.98/cwt at this weight
vs the market
+3.08
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2644169.651,092177
Medium and Large 1527160.8484826
Medium and Large 2448159.9771730
Medium and Large 3425155.676623thin
One grade step is worth $13.98/cwt here — about $431 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 sale236 hd
167.27
—
MS average13 barns · 1,172 hd
164.20
+3.08
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—Average1,51798.701,4978thin
CowsBoner 80-85%Average1,24472.659046thin
CowsBreaker 75-80%Average1,27468.598745thin
CowsLean 85-90%Low1,13065.8474413

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)Young (2-4 yrs)1,250$1,0002thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,040$9133thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,145$8301thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)980$7501thin

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 · Steers27 lots · lightest first
Steers—Medium and Large 2275184.28/cwt180.00–188.005073
Steers—Medium and Large 1285195.00/cwt195.00–195.005561
Steers—Medium and Large 1305182.32/cwt180.00–184.005563
Steers—Medium and Large 2313169.01/cwt168.00–170.005292
Steers—Medium and Large 1-2325194.00/cwt194.00–194.006312
Steers—Medium and Large 3370162.00/cwt162.00–162.005991
Steers—Medium and Large 1373180.00/cwt180.00–180.006712
Steers—Medium and Large 2374171.72/cwt168.00–175.006424
Steers—Medium and Large 2425161.83/cwt158.00–166.0068811
Steers—Medium and Large 3425152.00/cwt152.00–152.006461
Steers—Medium and Large 1427168.66/cwt168.00–170.007203
Steers—Medium and Large 2473162.01/cwt160.00–164.007663
Steers—Medium and Large 3480153.00/cwt153.00–153.007341
Steers—Medium and Large 1-2484175.40/cwt172.00–177.008496
Steers—Medium and Large 1490176.00/cwt176.00–176.008621
Steers—Medium and Large 2510146.02/cwt142.00–148.007453
Steers—Medium and Large 1520154.05/cwt151.00–158.008015
Steers—Medium and Large 1-2561175.81/cwt174.00–176.0098699
Steers—Medium and Large 1579154.43/cwt151.00–158.008944
Steers—Medium and Large 1635146.00/cwt146.00–146.009271
Steers—Medium and Large 1651153.00/cwt153.00–153.009963
Steers—Medium and Large 2665133.00/cwt133.00–133.008841
Steers—Medium and Large 1713142.51/cwt139.00–146.001,0162
Steers—Medium and Large 2718127.12/cwt120.00–134.009132
Steers—Medium and Large 2780130.00/cwt130.00–130.001,0141
Steers—Medium and Large 1-2784159.75/cwt154.00–160.001,25270
Steers—Medium and Large 11,055120.00/cwt120.00–120.001,2661
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 1335145.00/cwt145.00–145.004861
Heifers—Medium and Large 2373134.83/cwt130.00–140.005032
Heifers—Medium and Large 1435148.00/cwt148.00–148.006441
Heifers—Medium and Large 2435137.04/cwt135.00–140.005963
Heifers—Medium and Large 1-2468152.00/cwt152.00–152.007113
Heifers—Medium and Large 2475138.55/cwt136.00–143.006585
Heifers—Medium and Large 1519139.77/cwt138.00–142.007254
Heifers—Medium and Large 2520136.00/cwt136.00–136.007071
Heifers—Medium and Large 1-2568152.00/cwt152.00–152.0086317
Heifers—Medium and Large 2573130.00/cwt130.00–130.007452
Heifers—Medium and Large 2600127.00/cwt127.00–127.007621
Heifers—Medium and Large 1625135.00/cwt135.00–135.008443
Heifers—Medium and Large 2655120.00/cwt120.00–120.007861
Heifers—Medium and Large 1740120.00/cwt120.00–120.008882
Heifers—Medium and Large 1825110.00/cwt110.00–110.009081
Heifers—Medium and Large 1890112.00/cwt112.00–112.009971
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1413161.45/cwt160.00–163.006672
Bulls—Medium and Large 2440150.00/cwt150.00–150.006601
Bulls—Medium and Large 1464157.25/cwt156.00–158.007304
Bulls—Medium and Large 2475153.23/cwt150.00–155.007284
Bulls—Medium and Large 2510140.50/cwt140.00–141.007172
Bulls—Medium and Large 1535147.45/cwt145.00–150.007892
Bulls—Medium and Large 2578137.95/cwt134.00–142.007972
Bulls—Medium and Large 1630133.00/cwt133.00–133.008381
Bulls—Medium and Large 1665133.98/cwt132.00–136.008912
Bulls—Medium and Large 2695129.00/cwt129.00–129.008971
Bulls—Medium and Large 1700124.00/cwt124.00–124.008681
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,31095.09/cwt92.50–98.001,2463
Bulls——1,641100.87/cwt100.00–102.001,6555
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%1,06458.43/cwt55.00–61.006224
Cows—Lean 85-90%1,15969.13/cwt65.00–71.508019
Cows—Boner 80-85%1,24472.65/cwt72.00–74.009046
Cows—Breaker 75-80%1,27468.59/cwt67.00–70.008745
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 2980750.00/head750.00–750.007501
Bred Cows—Medium and Large 21,018843.88/head810.00–880.008442
Bred Cows—Medium and Large 11,0851,050.00/head1,050.00–1,050.001,0501
Bred Cows—Medium and Large 21,145830.00/head830.00–830.008301
Bred Cows—Medium and Large 11,2501,000.00/head1,000.00–1,000.001,0002

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.