Sale reports / Mississippi / Meridian Livestock Auction / 2023-01-16

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 16
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
438 head
▲ 176 vs last sale 262▲ 276 vs year ago 162 · +170.4%
Slaughter Cattle receipts
28 head
▼ 12 vs last sale 40▲ 4 vs year ago 24 · +16.7%
Replacement Cattle receipts
23 head
▼ 15 vs last sale 38▲ 12 vs year ago 11 · +109.1%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 lower while weaned calves were steady. 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 $188.21/cwt on 120 head.
Average price
$188.21
120 head · 514 lb average
Value per head Derived
$967
Price × average weight ÷ 100
Grade differential Derived
$252
per head · Medium and Large 1-2 over Medium and Large 3
$33.72/cwt at this weight
vs the market
+2.90
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2520200.851,04456
Medium and Large 2450179.6580922
Medium and Large 1554177.8898634
Medium and Large 3474167.137928thin
One grade step is worth $33.72/cwt here — about $252 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 sale120 hd
188.21
—
MS average13 barns · 1,933 hd
185.31
+2.90
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—Average1,57497.361,5324thin
CowsBoner 80-85%Average1,20571.108575thin
CowsBreaker 75-80%Average1,43467.909747thin
CowsLean 85-90%Average1,07856.1160510

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)940$9632thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)925$9001thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,085$7401thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)790$7001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,245$1,2502thin

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 · Steers24 lots · lightest first
Steers—Medium and Large 1235200.00/cwt200.00–200.004701
Steers—Medium and Large 2290193.00/cwt193.00–193.005601
Steers—Medium and Large 1323194.71/cwt192.00–201.006294
Steers—Medium and Large 2335184.35/cwt180.00–190.006183
Steers—Medium and Large 1-2360220.00/cwt220.00–220.007922
Steers—Medium and Large 2365188.17/cwt184.00–190.006875
Steers—Medium and Large 1368191.98/cwt191.00–194.007064
Steers—Medium and Large 3380174.96/cwt174.00–176.006652
Steers—Medium and Large 1417192.24/cwt190.00–193.008024
Steers—Medium and Large 3418173.54/cwt172.00–175.007252
Steers—Medium and Large 2428183.07/cwt178.00–187.007843
Steers—Medium and Large 1-2444215.00/cwt215.00–215.0095510
Steers—Medium and Large 1465195.00/cwt195.00–195.009071
Steers—Medium and Large 2480181.56/cwt179.00–187.008714
Steers—Medium and Large 1-2485204.00/cwt204.00–204.009894
Steers—Medium and Large 1505185.00/cwt185.00–185.009341
Steers—Medium and Large 1-2518200.66/cwt193.00–203.001,03925
Steers—Medium and Large 3522160.00/cwt160.00–160.008352
Steers—Medium and Large 3575160.00/cwt160.00–160.009202
Steers—Medium and Large 1-2578191.00/cwt191.00–191.001,1047
Steers—Medium and Large 2592164.01/cwt162.00–170.009714
Steers—Medium and Large 2605167.00/cwt164.00–170.001,0102
Steers—Medium and Large 1-2625186.00/cwt186.00–186.001,1638
Steers—Medium and Large 1695165.91/cwt165.00–174.001,15319
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 2335158.00/cwt158.00–158.005291
Heifers—Medium and Large 3340148.00/cwt148.00–148.005031
Heifers—Medium and Large 2378158.49/cwt157.00–160.005992
Heifers—Medium and Large 1413161.02/cwt160.00–163.006653
Heifers—Medium and Large 2418147.66/cwt145.00–150.006173
Heifers—Medium and Large 3420140.00/cwt140.00–140.005881
Heifers—Medium and Large 1469165.39/cwt155.00–166.0077631
Heifers—Medium and Large 2470148.33/cwt146.00–151.006973
Heifers—Medium and Large 3478140.03/cwt138.00–142.006692
Heifers—Medium and Large 1505149.00/cwt149.00–149.007521
Heifers—Medium and Large 1-2517165.00/cwt165.00–165.0085310
Heifers—Medium and Large 1561154.09/cwt153.00–155.0086412
Heifers—Medium and Large 1-2564163.60/cwt163.00–164.0092318
Heifers—Medium and Large 2592144.51/cwt142.00–145.008556
Heifers—Medium and Large 1620143.46/cwt142.00–145.008892
Heifers—Medium and Large 2625136.00/cwt136.00–136.008501
Heifers—Medium and Large 3675110.00/cwt110.00–110.007431
Heifers—Medium and Large 3705110.00/cwt110.00–110.007761
Heifers—Medium and Large 1710138.00/cwt138.00–138.009801
Heifers—Medium and Large 1915125.00/cwt125.00–125.001,1442
Heifers—Medium and Large 11,065106.00/cwt106.00–106.001,1291
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1420178.00/cwt178.00–178.007481
Bulls—Medium and Large 3440152.00/cwt152.00–152.006691
Bulls—Medium and Large 3465158.00/cwt158.00–158.007351
Bulls—Medium and Large 2470170.00/cwt170.00–170.007991
Bulls—Medium and Large 1535150.00/cwt150.00–150.008031
Bulls—Medium and Large 2540133.99/cwt133.00–135.007242
Bulls—Medium and Large 2568136.42/cwt134.00–139.007752
Bulls—Medium and Large 1580151.00/cwt151.00–151.008761
Bulls—Medium and Large 1620132.02/cwt130.00–134.008192
Bulls—Medium and Large 2673123.87/cwt120.00–128.008342
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,21087.99/cwt87.00–89.001,0652
Bulls——1,938106.73/cwt105.00–108.502,0682
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%97543.00/cwt43.00–43.004191
Cows—Lean 85-90%1,01852.67/cwt50.00–56.005365
Cows—Lean 85-90%1,17963.68/cwt60.50–66.007514
Cows—Boner 80-85%1,20571.10/cwt67.00–77.508575
Cows—Breaker 75-80%1,43467.90/cwt65.00–72.009747
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2790700.00/head700.00–700.007001
Bred Cows—Medium and Large 2925900.00/head900.00–900.009001
Bred Cows—Medium and Large 1940962.55/head920.00–1,000.009632
Bred Cows—Medium and Large 21,085740.00/head740.00–740.007401
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,2451,250.00/head1,250.00–1,250.001,2502

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.