Sale reports / Mississippi / Meridian Livestock Auction / 2022-11-07

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 7
● Final71 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
430 head
▼ 131 vs last sale 561▲ 27 vs year ago 403 · +6.7%
Slaughter Cattle receipts
53 head
▲ 12 vs last sale 41▼ 17 vs year ago 70 · −24.3%
Replacement Cattle receipts
56 head
▲ 41 vs last sale 15▼ 5 vs year ago 61 · −8.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were 3-5 higher and heifers were 5-10 higher. Slaughter cows and bulls were steady. The much needed rain we were able to get has surely helped the calf market.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $174.27/cwt on 103 head.
Average price
$174.27
103 head · 499 lb average
Value per head Derived
$870
Price × average weight ÷ 100
Grade differential Derived
$283
per head · Medium and Large 1-2 over Medium and Large 3
$29.39/cwt at this weight
vs the market
+7.52
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2517186.0696230
Medium and Large 1495175.9687135
Medium and Large 2494163.9781035
Medium and Large 3433156.676793thin
One grade step is worth $29.39/cwt here — about $283 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 sale103 hd
174.27
—
MS average13 barns · 978 hd
166.74
+7.52
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—Average1,61787.171,4093thin
CowsBoner 80-85%Average1,06663.8468110
CowsBreaker 75-80%Average1,39859.188273thin
CowsLean 85-90%Very Low96048.9146917

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)1,055$8112thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)970$7701thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)900$7401thin
Cow-Calf PairsOpenYoung (2-4 yrs)930$1,0002thin

Every lot

71 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 2310182.05/cwt178.00–185.005643
Steers—Medium and Large 3330160.00/cwt160.00–160.005281
Steers—Medium and Large 1338191.40/cwt189.00–196.006475
Steers—Medium and Large 1374192.60/cwt189.00–198.007206
Steers—Medium and Large 3375170.00/cwt170.00–170.006381
Steers—Medium and Large 2382182.00/cwt182.00–182.006952
Steers—Medium and Large 1413184.74/cwt180.00–192.007636
Steers—Medium and Large 2420173.58/cwt165.00–179.007298
Steers—Medium and Large 1460182.65/cwt180.00–186.008403
Steers—Medium and Large 2478167.93/cwt164.00–174.008039
Steers—Medium and Large 1-2481189.57/cwt189.00–190.0091217
Steers—Medium and Large 1520167.11/cwt163.00–173.008696
Steers—Medium and Large 2523154.39/cwt143.00–161.008075
Steers—Medium and Large 1-2545183.00/cwt183.00–183.009978
Steers—Medium and Large 2585161.51/cwt161.00–162.009452
Steers—Medium and Large 3595140.00/cwt140.00–140.008331
Steers—Medium and Large 1-2596179.00/cwt179.00–179.001,0675
Steers—Medium and Large 2615142.52/cwt141.00–144.008762
Steers—Medium and Large 1638160.49/cwt158.00–163.001,0242
Steers—Medium and Large 1677159.19/cwt158.00–160.001,0785
Steers—Medium and Large 2703140.64/cwt135.00–144.009893
Steers—Medium and Large 2800127.00/cwt127.00–127.001,0161
Steers—Medium and Large 1815138.00/cwt138.00–138.001,1251
Steers—Medium and Large 1930132.00/cwt132.00–132.001,2281
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 2322151.34/cwt150.00–156.004875
Heifers—Medium and Large 1328160.27/cwt155.00–165.005262
Heifers—Medium and Large 3335140.00/cwt140.00–140.004691
Heifers—Medium and Large 2360155.00/cwt155.00–155.005581
Heifers—Medium and Large 1376163.69/cwt157.00–167.006156
Heifers—Medium and Large 1-2400169.00/cwt169.00–169.006764
Heifers—Medium and Large 1419161.71/cwt155.00–165.006788
Heifers—Medium and Large 2425147.80/cwt142.00–154.006285
Heifers—Medium and Large 3428138.96/cwt138.00–140.005952
Heifers—Medium and Large 1466159.55/cwt155.00–164.0074415
Heifers—Medium and Large 2472150.16/cwt148.00–154.007097
Heifers—Medium and Large 1512152.84/cwt149.00–156.007837
Heifers—Medium and Large 1555150.00/cwt150.00–150.008331
Heifers—Medium and Large 2568140.51/cwt140.00–141.007984
Heifers—Medium and Large 3575138.00/cwt138.00–138.007941
Heifers—Medium and Large 2618121.96/cwt120.00–124.007542
Heifers—Medium and Large 1625130.35/cwt125.00–135.008153
Heifers—Medium and Large 1650132.00/cwt132.00–132.008581
Heifers—Medium and Large 1724120.96/cwt119.00–125.008764
Heifers—Medium and Large 1863117.00/cwt117.00–117.001,0103
Feeder Cattle · Bulls14 lots · lightest first
Bulls—Medium and Large 1413161.01/cwt160.00–162.006652
Bulls—Medium and Large 2433152.49/cwt151.00–154.006602
Bulls—Medium and Large 3435140.00/cwt140.00–140.006091
Bulls—Medium and Large 2476148.80/cwt145.00–152.007084
Bulls—Medium and Large 1477159.04/cwt157.00–162.007593
Bulls—Medium and Large 3490141.00/cwt141.00–141.006911
Bulls—Medium and Large 2523134.78/cwt130.00–140.007052
Bulls—Medium and Large 1524145.53/cwt144.00–149.007634
Bulls—Medium and Large 2578131.02/cwt130.00–132.007572
Bulls—Medium and Large 1585142.00/cwt142.00–142.008311
Bulls—Medium and Large 2605125.00/cwt125.00–125.007561
Bulls—Medium and Large 1628135.00/cwt134.00–136.008482
Bulls—Medium and Large 2723118.46/cwt117.00–120.008562
Bulls—Medium and Large 2820117.00/cwt117.00–117.009591
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,35579.00/cwt79.00–79.001,0701
Bulls——1,67586.00/cwt86.00–86.001,4411
Bulls——1,82096.50/cwt96.50–96.501,7561
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%85935.38/cwt32.00–39.003044
Cows—Lean 85-90%90445.09/cwt40.50–47.004084
Cows—Lean 85-90%1,02956.62/cwt52.50–60.005839
Cows—Boner 80-85%1,05863.04/cwt61.00–68.006679
Cows—Boner 80-85%1,14071.00/cwt71.00–71.008091
Cows—Breaker 75-80%1,39859.18/cwt55.00–62.508273
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2900740.00/head740.00–740.007401
Bred Cows—Medium and Large 2970770.00/head770.00–770.007701
Bred Cows—Medium and Large 21,055811.42/head760.00–860.008112
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 29301,000.00/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.