Sale reports / Mississippi / Meridian Livestock Auction / 2022-10-10

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 10
● Final78 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
484 head
▲ 82 vs last sale 402▲ 95 vs year ago 389 · +24.4%
Slaughter Cattle receipts
85 head
▲ 43 vs last sale 42▲ 39 vs year ago 46 · +84.8%
Replacement Cattle receipts
64 head
▼ 164 vs last sale 228▲ 24 vs year ago 40 · +60.0%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. Had some really good calves. Slaughter cows 2-3 lower 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 $160.32/cwt on 112 head.
Average price
$160.32
112 head · 514 lb average
Value per head Derived
$824
Price × average weight ÷ 100
Grade differential Derived
$166
per head · Medium and Large 1-2 over Medium and Large 3
$25.88/cwt at this weight
vs the market
+7.68
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2477174.6783321
Medium and Large 1549160.7488256
Medium and Large 2489151.7374127
Medium and Large 3449148.796688thin
One grade step is worth $25.88/cwt here — about $166 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 sale112 hd
160.32
—
MS average13 barns · 861 hd
152.65
+7.68
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—Average1,48594.101,3979thin
CowsBoner 80-85%Average1,23667.338328thin
CowsBreaker 75-80%Average1,22964.067875thin
CowsLean 85-90%Average1,04453.8056226

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/2nd Stage (1-6 mo)Young (2-4 yrs)1,110$9465
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,115$9152thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,365$9001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,293$1,2904thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,285$1,1534thin

Every lot

78 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 · Steers29 lots · lightest first
Steers—Medium and Large 1324172.61/cwt168.00–178.005595
Steers—Medium and Large 3330159.50/cwt159.00–160.005262
Steers—Medium and Large 2337166.54/cwt165.00–167.005614
Steers—Medium and Large 1360168.00/cwt168.00–168.006051
Steers—Medium and Large 2365162.26/cwt162.00–163.005924
Steers—Medium and Large 1-2370180.00/cwt180.00–180.006663
Steers—Medium and Large 3388157.99/cwt156.00–160.006133
Steers—Medium and Large 1-2415180.00/cwt180.00–180.007472
Steers—Medium and Large 2418155.13/cwt152.00–158.006482
Steers—Medium and Large 1428165.43/cwt163.00–168.007089
Steers—Medium and Large 2466153.50/cwt150.00–158.007156
Steers—Medium and Large 1476166.85/cwt164.00–168.007946
Steers—Medium and Large 1-2477175.00/cwt175.00–175.0083512
Steers—Medium and Large 1505164.34/cwt163.00–165.008303
Steers—Medium and Large 2536148.00/cwt147.00–150.007933
Steers—Medium and Large 3570135.18/cwt130.00–140.007712
Steers—Medium and Large 2578149.94/cwt145.00–155.008672
Steers—Medium and Large 1581163.20/cwt156.00–164.0094815
Steers—Medium and Large 1-2588167.00/cwt167.00–167.009824
Steers—Medium and Large 3625127.00/cwt127.00–127.007941
Steers—Medium and Large 1628154.40/cwt151.00–168.009708
Steers—Medium and Large 2630136.38/cwt134.00–140.008593
Steers—Medium and Large 2650142.00/cwt142.00–142.009231
Steers—Medium and Large 1665155.00/cwt155.00–155.001,0315
Steers—Medium and Large 1700145.00/cwt145.00–145.001,0151
Steers—Medium and Large 2725127.60/cwt124.00–131.009252
Steers—Medium and Large 1810130.00/cwt130.00–130.001,0531
Steers—Medium and Large 1915132.00/cwt132.00–132.001,2081
Steers—Medium and Large 11,040122.00/cwt122.00–122.001,2691
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 2333140.48/cwt140.00–141.004682
Heifers—Medium and Large 3365132.00/cwt132.00–132.004821
Heifers—Medium and Large 2367140.11/cwt136.00–145.005148
Heifers—Medium and Large 1385147.00/cwt147.00–147.005664
Heifers—Medium and Large 2424138.02/cwt137.00–139.005854
Heifers—Medium and Large 3445128.00/cwt128.00–128.005701
Heifers—Medium and Large 2469134.19/cwt133.00–137.006295
Heifers—Medium and Large 1480140.26/cwt140.00–141.006734
Heifers—Medium and Large 1521142.43/cwt138.00–145.0074214
Heifers—Medium and Large 2532131.67/cwt126.00–135.007003
Heifers—Medium and Large 2579132.45/cwt128.00–135.007676
Heifers—Medium and Large 1595139.00/cwt139.00–139.008271
Heifers—Medium and Large 1-2622140.00/cwt140.00–140.0087114
Heifers—Medium and Large 1622133.32/cwt128.00–136.008296
Heifers—Medium and Large 2630125.00/cwt125.00–125.007881
Heifers—Medium and Large 1650132.00/cwt132.00–132.008581
Heifers—Medium and Large 2660123.00/cwt120.00–126.008122
Heifers—Medium and Large 2705114.00/cwt114.00–114.008041
Heifers—Medium and Large 2783116.02/cwt115.00–117.009082
Heifers—Medium and Large 1800115.00/cwt115.00–115.009201
Feeder Cattle · Bulls14 lots · lightest first
Bulls—Medium and Large 3420125.00/cwt125.00–125.005251
Bulls—Medium and Large 1433153.98/cwt150.00–158.006672
Bulls—Medium and Large 2473139.63/cwt137.00–144.006603
Bulls—Medium and Large 1475149.49/cwt149.00–150.007102
Bulls—Medium and Large 1518141.56/cwt138.00–148.007335
Bulls—Medium and Large 2533130.99/cwt130.00–132.006982
Bulls—Medium and Large 1560140.00/cwt140.00–140.007841
Bulls—Medium and Large 2562131.66/cwt130.00–135.007403
Bulls—Medium and Large 3575116.00/cwt116.00–116.006671
Bulls—Medium and Large 1630127.01/cwt125.00–128.008003
Bulls—Medium and Large 2665120.00/cwt120.00–120.007981
Bulls—Medium and Large 1685128.96/cwt126.00–132.008832
Bulls—Medium and Large 2723115.01/cwt114.00–116.008323
Bulls—Medium and Large 1855114.00/cwt114.00–114.009751
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,40789.21/cwt85.00–91.001,2553
Bulls——1,52496.55/cwt94.00–99.001,4716
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%94837.40/cwt30.00–43.003555
Cows—Lean 85-90%1,00851.85/cwt48.00–55.505238
Cows—Lean 85-90%1,10461.30/cwt57.00–65.5067713
Cows—Breaker 75-80%1,22964.06/cwt62.50–65.507875
Cows—Boner 80-85%1,23667.33/cwt66.00–69.008328
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 1-21,033880.87/head850.00–900.008813
Bred Cows—Medium and Large 1-21,035980.00/head980.00–980.009801
Bred Cows—Medium and Large 21,195850.00/head850.00–850.008501
Bred Cows—Medium and Large 11,2251,044.69/head1,040.00–1,050.001,0452
Bred Cows—Medium and Large 1-21,365900.00/head900.00–900.009001
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2501,180.00/head1,180.00–1,180.001,1802
Cow-Calf Pairs—Medium and Large 1-21,2851,152.72/head1,100.00–1,200.001,1534
Cow-Calf Pairs—Medium and Large 11,3351,400.00/head1,400.00–1,400.001,4002

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.