Sale reports / Mississippi / Meridian Livestock Auction / 2022-11-28

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 28
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
411 head
▲ 74 vs last sale 337▲ 168 vs year ago 243 · +69.1%
Slaughter Cattle receipts
68 head
▼ 90 vs last sale 158▼ 3 vs year ago 71 · −4.2%
Replacement Cattle receipts
58 head
▲ 14 vs last sale 44▲ 19 vs year ago 39 · +48.7%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 higher and slaughter cows 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 $183.94/cwt on 77 head.
Average price
$183.94
77 head · 452 lb average
Value per head Derived
$832
Price × average weight ÷ 100
Grade differential Derived
$75
per head · Medium and Large 1-2 over Medium and Large 3
$32.62/cwt at this weight
vs the market
+10.71
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2421200.008426thin
Medium and Large 1440189.9683534
Medium and Large 2471178.1283929
Medium and Large 3458167.387678thin
One grade step is worth $32.62/cwt here — about $75 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 sale77 hd
183.94
—
MS average7 barns · 658 hd
173.23
+10.71
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—Average1,71389.841,5396thin
CowsBoner 80-85%Average1,24471.1188511
CowsBreaker 75-80%Average1,39555.007671thin
CowsLean 85-90%Very Low1,02353.0454320

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 Stage (4-6 mo)Middle Aged (5-8 yrs)1,035$8102thin
Bred Heifers2nd/3rd Stage (4-9 mo)Young (2-4 yrs)810$1,2802thin
Bred Heifers2nd/3rd Stage (4-9 mo)(<2 yrs)806$1,2638
Bred Heifers2nd Stage (4-6 mo)(<2 yrs)710$1,1002thin

Every lot

67 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 · Steers23 lots · lightest first
Steers—Medium and Large 2245200.00/cwt200.00–200.004901
Steers—Medium and Large 1254212.79/cwt205.00–218.005404
Steers—Medium and Large 2325190.95/cwt190.00–192.006212
Steers—Medium and Large 3330173.00/cwt173.00–173.005711
Steers—Medium and Large 1332196.37/cwt195.00–198.006523
Steers—Medium and Large 1360199.03/cwt196.00–200.007174
Steers—Medium and Large 2377188.18/cwt182.00–192.007098
Steers—Medium and Large 3380175.51/cwt175.00–176.006672
Steers—Medium and Large 1-2421200.00/cwt200.00–200.008426
Steers—Medium and Large 1424193.10/cwt187.00–197.0081913
Steers—Medium and Large 2435183.30/cwt180.00–189.007973
Steers—Medium and Large 2468181.88/cwt177.00–185.008516
Steers—Medium and Large 3485171.02/cwt169.00–173.008292
Steers—Medium and Large 1506186.80/cwt178.00–189.009455
Steers—Medium and Large 2515171.00/cwt171.00–171.008811
Steers—Medium and Large 3528157.49/cwt155.00–160.008322
Steers—Medium and Large 3550158.00/cwt158.00–158.008691
Steers—Medium and Large 2563175.00/cwt175.00–175.009853
Steers—Medium and Large 1610163.95/cwt158.00–167.001,0003
Steers—Medium and Large 2625150.00/cwt150.00–150.009381
Steers—Medium and Large 2683149.46/cwt146.00–153.001,0212
Steers—Medium and Large 2722146.00/cwt146.00–146.001,0542
Steers—Medium and Large 1815143.00/cwt143.00–143.001,1652
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 3317145.37/cwt143.00–148.004613
Heifers—Medium and Large 1335167.54/cwt165.00–170.005612
Heifers—Medium and Large 1-2353180.00/cwt180.00–180.006354
Heifers—Medium and Large 2375156.08/cwt154.00–158.005852
Heifers—Medium and Large 3383148.99/cwt148.00–150.005712
Heifers—Medium and Large 1384172.54/cwt167.00–175.0066311
Heifers—Medium and Large 1419161.93/cwt159.00–166.006786
Heifers—Medium and Large 3420135.00/cwt135.00–135.005671
Heifers—Medium and Large 1-2425173.00/cwt173.00–173.007352
Heifers—Medium and Large 2430154.00/cwt154.00–154.006621
Heifers—Medium and Large 2468150.51/cwt140.00–156.007045
Heifers—Medium and Large 1-2505163.00/cwt163.00–163.008235
Heifers—Medium and Large 1514150.00/cwt150.00–150.007715
Heifers—Medium and Large 2530138.00/cwt138.00–138.007311
Heifers—Medium and Large 1-2557159.00/cwt159.00–159.008867
Heifers—Medium and Large 3565131.53/cwt130.00–133.007432
Heifers—Medium and Large 2591140.00/cwt140.00–140.008273
Heifers—Medium and Large 1624136.21/cwt132.00–139.008504
Heifers—Medium and Large 1-2673149.00/cwt149.00–149.001,0033
Heifers—Medium and Large 1685134.00/cwt134.00–134.009181
Heifers—Medium and Large 1865120.00/cwt120.00–120.001,0382
Heifers—Medium and Large 11,095114.00/cwt114.00–114.001,2481
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1435160.00/cwt160.00–160.006961
Bulls—Medium and Large 2445151.00/cwt151.00–151.006721
Bulls—Medium and Large 1468160.49/cwt160.00–161.007512
Bulls—Medium and Large 2490142.00/cwt142.00–142.006961
Bulls—Medium and Large 3500132.00/cwt132.00–132.006601
Bulls—Medium and Large 1522155.55/cwt150.00–160.008125
Bulls—Medium and Large 3565134.98/cwt134.00–136.007632
Bulls—Medium and Large 2588141.99/cwt140.00–146.008353
Bulls—Medium and Large 2665127.04/cwt125.00–129.008453
Bulls—Medium and Large 2855115.00/cwt115.00–115.009831
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,52580.00/cwt80.00–80.001,2201
Bulls——1,75091.81/cwt88.50–94.001,6075
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%97442.65/cwt37.50–45.004158
Cows—Lean 85-90%1,01855.11/cwt52.00–58.505615
Cows—Lean 85-90%1,08363.43/cwt61.00–65.006877
Cows—Boner 80-85%1,21673.80/cwt70.50–79.258975
Cows—Boner 80-85%1,26868.86/cwt67.50–70.008736
Cows—Breaker 75-80%1,39555.00/cwt55.00–55.007671
Replacement Cattle · Bred Heifers3 lots · lightest first
Bred Heifers—Medium and Large 17101,100.00/head1,100.00–1,100.001,1002
Bred Heifers—Medium and Large 18061,262.88/head1,225.00–1,300.001,2638
Bred Heifers—Medium and Large 18101,280.00/head1,280.00–1,280.001,2802
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,035810.00/head810.00–810.008102

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.