Sale reports / Mississippi / Meridian Livestock Auction / 2022-10-17

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 17
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
280 head
▼ 204 vs last sale 484▼ 241 vs year ago 521 · −46.3%
Slaughter Cattle receipts
77 head
▼ 8 vs last sale 85▲ 10 vs year ago 67 · +14.9%
Replacement Cattle receipts
95 head
▲ 31 vs last sale 64▲ 62 vs year ago 33 · +187.9%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were 2-3 higher and heifers were steady. Slaughter cows and bulls were 2-4 lower.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $160.30/cwt on 53 head.
Average price
$160.30
53 head · 476 lb average
Value per head Derived
$763
Price × average weight ÷ 100
Grade differential Derived
$108
per head · Medium and Large 1 over Medium and Large 3
$20.22/cwt at this weight
vs the market
+5.79
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1492163.7280629
Medium and Large 2451158.7071520
Medium and Large 3486143.506984thin
One grade step is worth $20.22/cwt here — about $108 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 sale53 hd
160.30
—
MS average13 barns · 811 hd
154.51
+5.79
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—Average1,41885.211,2088thin
CowsBoner 80-85%Average1,20962.727585thin
CowsBreaker 75-80%Average1,53357.208774thin
CowsLean 85-90%Low1,05652.6955616

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)1,215$1,2501thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,223$1,1426
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,095$9402thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,190$8501thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)905$8301thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,485$1,8501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,367$1,3176

Every lot

64 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 · Steers21 lots · lightest first
Steers—Medium and Large 1280183.00/cwt183.00–183.005121
Steers—Medium and Large 1318186.02/cwt185.00–187.005922
Steers—Medium and Large 2320169.30/cwt168.00–170.005423
Steers—Medium and Large 3325154.00/cwt154.00–154.005011
Steers—Medium and Large 1370180.00/cwt180.00–180.006661
Steers—Medium and Large 2374166.02/cwt162.00–170.006216
Steers—Medium and Large 1421164.90/cwt160.00–170.0069411
Steers—Medium and Large 2435156.53/cwt155.00–158.006812
Steers—Medium and Large 1455162.00/cwt162.00–162.007372
Steers—Medium and Large 3465144.00/cwt144.00–144.006701
Steers—Medium and Large 2473155.97/cwt155.00–157.007382
Steers—Medium and Large 2523147.45/cwt146.00–149.007712
Steers—Medium and Large 1525160.00/cwt160.00–160.008401
Steers—Medium and Large 3540140.00/cwt140.00–140.007561
Steers—Medium and Large 2557150.33/cwt149.00–151.008373
Steers—Medium and Large 1578159.77/cwt155.00–165.009234
Steers—Medium and Large 1610160.38/cwt156.00–164.009785
Steers—Medium and Large 3615136.00/cwt136.00–136.008361
Steers—Medium and Large 2640149.50/cwt149.00–150.009572
Steers—Medium and Large 1765135.00/cwt135.00–135.001,0331
Steers—Medium and Large 1800139.00/cwt139.00–139.001,1121
Feeder Cattle · Heifers12 lots · lightest first
Heifers—Medium and Large 2317138.28/cwt137.00–140.004383
Heifers—Medium and Large 2369138.26/cwt135.00–142.005105
Heifers—Medium and Large 1375153.45/cwt150.00–157.005752
Heifers—Medium and Large 1421143.73/cwt142.00–146.006054
Heifers—Medium and Large 2421137.77/cwt133.00–140.005805
Heifers—Medium and Large 2462137.39/cwt134.00–140.006353
Heifers—Medium and Large 1523137.26/cwt135.00–140.007184
Heifers—Medium and Large 2533131.98/cwt131.00–133.007032
Heifers—Medium and Large 1605123.50/cwt120.00–127.007472
Heifers—Medium and Large 1675120.00/cwt120.00–120.008102
Heifers—Medium and Large 1703119.50/cwt119.00–120.008402
Heifers—Medium and Large 2745110.00/cwt110.00–110.008201
Feeder Cattle · Bulls14 lots · lightest first
Bulls—Medium and Large 1430155.00/cwt155.00–155.006671
Bulls—Medium and Large 1465150.31/cwt148.00–152.006993
Bulls—Medium and Large 3487136.67/cwt136.00–137.006663
Bulls—Medium and Large 2488142.52/cwt140.00–145.006954
Bulls—Medium and Large 1505140.00/cwt140.00–140.007071
Bulls—Medium and Large 2518130.00/cwt130.00–130.006732
Bulls—Medium and Large 1560138.00/cwt138.00–138.007731
Bulls—Medium and Large 2575124.00/cwt124.00–124.007131
Bulls—Medium and Large 2615115.00/cwt115.00–115.007071
Bulls—Medium and Large 1628128.00/cwt127.00–129.008043
Bulls—Medium and Large 1670123.00/cwt123.00–123.008241
Bulls—Medium and Large 2695117.00/cwt117.00–117.008131
Bulls—Medium and Large 2775117.00/cwt117.00–117.009071
Bulls—Medium and Large 2875106.00/cwt106.00–106.009281
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,31579.00/cwt79.00–79.001,0391
Bulls——1,43287.66/cwt87.00–88.001,2553
Bulls——1,43384.92/cwt82.50–86.001,2174
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%88945.56/cwt40.00–49.004056
Cows—Lean 85-90%1,15656.96/cwt51.00–60.5065810
Cows—Boner 80-85%1,20962.72/cwt61.50–64.007585
Cows—Breaker 75-80%1,53357.20/cwt55.00–61.008774
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,3101,200.00/head1,200.00–1,200.001,2002
Cow-Calf Pairs—Medium and Large 21,3651,150.00/head1,150.00–1,150.001,1502
Cow-Calf Pairs—Medium and Large 11,4251,600.00/head1,600.00–1,600.001,6002
Cow-Calf Pairs—Medium and Large 11,4851,850.00/head1,850.00–1,850.001,8501
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 2905830.00/head830.00–830.008301
Bred Cows—Medium and Large 21,095940.24/head900.00–975.009402
Bred Cows—Medium and Large 21,190850.00/head850.00–850.008501
Bred Cows—Medium and Large 11,2151,250.00/head1,250.00–1,250.001,2501
Bred Cows—Medium and Large 11,2151,180.37/head1,100.00–1,325.001,1805
Bred Cows—Medium and Large 21,260950.00/head950.00–950.009501

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.