Sale reports / Mississippi / Meridian Livestock Auction / 2022-10-24

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 24
● Final60 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
322 head
▲ 42 vs last sale 280▲ 137 vs year ago 185 · +74.1%
Slaughter Cattle receipts
30 head
▼ 47 vs last sale 77▼ 35 vs year ago 65 · −53.8%
Replacement Cattle receipts
19 head
▼ 76 vs last sale 95▼ 319 vs year ago 338 · −94.4%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-4 higher on the steers, heifers were steady and slaughter cattle were steady as well.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $158.65/cwt on 83 head.
Average price
$158.65
83 head · 535 lb average
Value per head Derived
$849
Price × average weight ÷ 100
Grade differential Derived
$2
per head · Medium and Large 1-2 over Medium and Large 3
$38.80/cwt at this weight
vs the market
−0.94
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2441180.007949thin
Medium and Large 1561162.6991336
Medium and Large 2516154.7879924
Medium and Large 3561141.2079214thin
One grade step is worth $38.80/cwt here — about $2 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 sale83 hd
158.65
—
MS average13 barns · 1,008 hd
159.59
−0.94
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—Average1,56890.581,4203thin
CowsBoner 80-85%Average1,10063.4469810
CowsBreaker 75-80%Average1,06558.006181thin
CowsLean 85-90%Low99050.5050011

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)1,305$1,0001thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,095$9251thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)975$7801thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,175$1,1252thin

Every lot

60 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 · Steers22 lots · lightest first
Steers—Medium and Large 3305153.00/cwt153.00–153.004671
Steers—Medium and Large 2322170.20/cwt168.00–172.005485
Steers—Medium and Large 1328176.98/cwt174.00–180.005804
Steers—Medium and Large 3362155.65/cwt152.00–160.005633
Steers—Medium and Large 2377169.93/cwt165.00–173.006413
Steers—Medium and Large 1378176.63/cwt175.00–180.006683
Steers—Medium and Large 1429172.09/cwt169.00–177.007386
Steers—Medium and Large 2435160.00/cwt160.00–160.006961
Steers—Medium and Large 1-2441180.00/cwt180.00–180.007949
Steers—Medium and Large 2455158.00/cwt158.00–158.007191
Steers—Medium and Large 1460171.53/cwt170.00–173.007892
Steers—Medium and Large 1505169.00/cwt169.00–169.008531
Steers—Medium and Large 2533152.00/cwt152.00–152.008102
Steers—Medium and Large 2576151.01/cwt148.00–153.008705
Steers—Medium and Large 3576140.96/cwt140.00–144.008124
Steers—Medium and Large 1589168.00/cwt168.00–168.009905
Steers—Medium and Large 1630150.00/cwt150.00–150.009451
Steers—Medium and Large 2640139.00/cwt139.00–139.008901
Steers—Medium and Large 2652142.00/cwt142.00–142.009264
Steers—Medium and Large 3693132.16/cwt132.00–133.009166
Steers—Medium and Large 1727148.88/cwt139.00–150.001,08214
Steers—Medium and Large 2783134.98/cwt133.00–137.001,0572
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 2313135.98/cwt134.00–138.004262
Heifers—Medium and Large 2358139.50/cwt139.00–140.004992
Heifers—Medium and Large 2415136.00/cwt135.00–137.005642
Heifers—Medium and Large 1420138.03/cwt137.00–140.005804
Heifers—Medium and Large 3420125.00/cwt125.00–125.005251
Heifers—Medium and Large 1475138.00/cwt138.00–138.006561
Heifers—Medium and Large 2486132.76/cwt132.00–133.006454
Heifers—Medium and Large 1513136.27/cwt134.00–142.006998
Heifers—Medium and Large 2528131.34/cwt130.00–132.006933
Heifers—Medium and Large 3535124.00/cwt124.00–124.006631
Heifers—Medium and Large 2559130.21/cwt130.00–131.007285
Heifers—Medium and Large 1625130.89/cwt126.00–134.008187
Heifers—Medium and Large 2629122.03/cwt120.00–124.007685
Heifers—Medium and Large 2650122.00/cwt122.00–122.007931
Heifers—Medium and Large 1651128.80/cwt128.00–129.008385
Heifers—Medium and Large 2715120.99/cwt120.00–122.008652
Feeder Cattle · Bulls13 lots · lightest first
Bulls—Medium and Large 2445145.00/cwt145.00–145.006451
Bulls—Medium and Large 2465140.00/cwt140.00–140.006512
Bulls—Medium and Large 1470161.00/cwt161.00–161.007571
Bulls—Medium and Large 3480130.00/cwt130.00–130.006241
Bulls—Medium and Large 1533141.05/cwt138.00–145.007523
Bulls—Medium and Large 2538130.49/cwt129.00–132.007022
Bulls—Medium and Large 2578128.67/cwt126.00–131.007443
Bulls—Medium and Large 1621128.79/cwt128.00–130.008005
Bulls—Medium and Large 2630125.00/cwt125.00–125.007881
Bulls—Medium and Large 2660115.00/cwt115.00–115.007591
Bulls—Medium and Large 1673131.99/cwt129.00–135.008882
Bulls—Medium and Large 1705124.00/cwt124.00–124.008741
Bulls—Medium and Large 2750112.00/cwt112.00–112.008401
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,56890.58/cwt88.50–92.501,4203
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%98556.47/cwt52.50–60.005567
Cows—Lean 85-90%99940.05/cwt35.00–42.504004
Cows—Breaker 75-80%1,06558.00/cwt58.00–58.006181
Cows—Boner 80-85%1,10063.44/cwt62.00–65.0069810
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,1751,125.00/head1,125.00–1,125.001,1252
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2975780.00/head780.00–780.007801
Bred Cows—Medium and Large 11,095925.00/head925.00–925.009251
Bred Cows—Medium and Large 11,3051,000.00/head1,000.00–1,000.001,0001

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.