Sale reports / Mississippi / Meridian Livestock Auction / 2023-01-23

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2023-01-23
Creator: RaisedBeef
Published: 2023-01-23

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 23

● Final42 lots reportedUSDA AMS · slug 2112

← Jan 16Jan 23Jan 30 →

Feeder Cattle receipts

105 head

▼ 333 vs last sale 438▼ 316 vs year ago 421 · −75.1%

Slaughter Cattle receipts

19 head

▼ 9 vs last sale 28▼ 23 vs year ago 42 · −54.8%

Replacement Cattle receipts

30 head

▲ 7 vs last sale 23▼ 39 vs year ago 69 · −56.5%

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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-5 higher and slaughter cows and bulls were steady. Just a small gathering of cattle today due to all the rain.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $156.12/cwt on 32 head.

Average price

$156.12

32 head · 497 lb average

Value per head Derived

$775

Price × average weight ÷ 100

Grade differential Derived

$136

per head · Medium and Large 1 over Medium and Large 3

$26.19/cwt at this weight

vs the market

−1.34

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	480	165.53	795	11thin
Medium and Large 1-2	574	162.71	935	7thin
Medium and Large 2	469	147.10	690	11thin
Medium and Large 3	473	139.33	660	3thin

One grade step is worth $26.19/cwt here — about $136 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 sale32 hd

156.12

—

MS average13 barns · 1,172 hd

157.46

−1.34

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,773	93.25	1,653	2thin
Cows	Boner 80-85%	Average	1,175	74.05	870	5thin
Cows	Lean 85-90%	Very Low	953	62.83	599	11

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,078	$820	3thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,015	$900	2thin

Every lot

42 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers13 lots · lightest first
Steers	—	Medium and Large 1	323	195.99/cwt	195.00–197.00	633	2
Steers	—	Medium and Large 2	323	182.64/cwt	180.00–185.00	590	2
Steers	—	Medium and Large 1	370	191.92/cwt	190.00–194.00	710	2
Steers	—	Medium and Large 2	370	184.89/cwt	183.00–187.00	684	2
Steers	—	Medium and Large 1	417	191.98/cwt	188.00–194.00	801	3
Steers	—	Medium and Large 3	445	156.00/cwt	156.00–156.00	694	1
Steers	—	Medium and Large 1	465	190.70/cwt	188.00–194.00	887	4
Steers	—	Medium and Large 2	465	183.00/cwt	183.00–183.00	851	1
Steers	—	Medium and Large 3	480	169.00/cwt	169.00–169.00	811	1
Steers	—	Medium and Large 1	515	186.91/cwt	184.00–190.00	963	2
Steers	—	Medium and Large 1-2	538	200.00/cwt	200.00–200.00	1,076	5
Steers	—	Medium and Large 1	678	162.05/cwt	160.00–164.00	1,099	2
Steers	—	Medium and Large 1	815	150.00/cwt	150.00–150.00	1,223	1
Feeder Cattle · Heifers16 lots · lightest first
Heifers	—	Medium and Large 2	318	161.00/cwt	161.00–161.00	512	2
Heifers	—	Medium and Large 2	365	143.01/cwt	130.00–155.00	522	2
Heifers	—	Medium and Large 1	390	173.00/cwt	173.00–173.00	675	1
Heifers	—	Medium and Large 2	405	153.00/cwt	153.00–153.00	620	1
Heifers	—	Medium and Large 3	410	142.00/cwt	142.00–142.00	582	1
Heifers	—	Medium and Large 1	422	172.16/cwt	169.00–177.00	727	5
Heifers	—	Medium and Large 1	450	169.50/cwt	169.00–170.00	763	2
Heifers	—	Medium and Large 3	450	140.00/cwt	140.00–140.00	630	1
Heifers	—	Medium and Large 2	463	158.51/cwt	158.00–159.00	734	2
Heifers	—	Medium and Large 1-2	523	169.00/cwt	169.00–169.00	884	3
Heifers	—	Medium and Large 2	523	141.51/cwt	140.00–143.00	740	2
Heifers	—	Medium and Large 3	560	136.00/cwt	136.00–136.00	762	1
Heifers	—	Medium and Large 1	580	154.00/cwt	153.00–155.00	893	2
Heifers	—	Medium and Large 1-2	613	158.00/cwt	158.00–158.00	969	4
Heifers	—	Medium and Large 2	710	128.50/cwt	125.00–132.00	912	2
Heifers	—	Medium and Large 1	725	140.00/cwt	140.00–140.00	1,015	1
Feeder Cattle · Bulls5 lots · lightest first
Bulls	—	Medium and Large 1	480	175.00/cwt	175.00–175.00	840	1
Bulls	—	Medium and Large 2	480	166.00/cwt	166.00–166.00	797	1
Bulls	—	Medium and Large 1	510	172.00/cwt	172.00–172.00	877	1
Bulls	—	Medium and Large 2	585	152.00/cwt	152.00–152.00	889	1
Bulls	—	Medium and Large 3	590	143.00/cwt	143.00–143.00	844	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,600	91.50/cwt	91.50–91.50	1,464	1
Bulls	—	—	1,945	95.00/cwt	95.00–95.00	1,848	1
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	710	45.00/cwt	45.00–45.00	320	1
Cows	—	Lean 85-90%	895	54.00/cwt	54.00–54.00	483	1
Cows	—	Lean 85-90%	987	65.79/cwt	60.00–69.00	649	9
Cows	—	Boner 80-85%	1,175	74.05/cwt	70.00–77.50	870	5
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,015	900.00/head	900.00–900.00	900	2
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 2	1,078	820.11/head	810.00–830.00	820	3

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Jan 23, 2023

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 105Last week 438Year ago 421

Slaughter CattleReceipts 19Last week 28Year ago 42

Replacement CattleReceipts 30Last week 23Year ago 69

Good day, as compared to the last market feeder calves were 2-5 higher and slaughter cows and bulls were steady. Just a small gathering of cattle today due to all the rain.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	480	175.00	175.00
1	—	510	172.00	172.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	480	166.00	166.00
1	—	585	152.00	152.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	590	143.00	143.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	523	140.00–143.00	141.51
1	—	405	153.00	153.00
2	—	318	161.00	161.00
2	—	463	158.00–159.00	158.51
2	—	710	125.00–132.00	128.50
2	—	365	130.00–155.00	143.01

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	422	169.00–177.00	172.16
1	—	390	173.00	173.00
1	—	725	140.00	140.00
2	—	450	169.00–170.00	169.50
2	—	580	153.00–155.00	154.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	—	613	158.00	158.00
3	—	523	169.00	169.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	410	142.00	142.00
1	—	450	140.00	140.00
1	—	560	136.00	136.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	323	195.00–197.00	195.99
3	—	417	188.00–194.00	191.98
4	—	465	188.00–194.00	190.70
1	—	815	150.00	150.00
2	—	370	190.00–194.00	191.92
2	—	515	184.00–190.00	186.91
2	—	678	160.00–164.00	162.05

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	323	180.00–185.00	182.64
2	—	370	183.00–187.00	184.89
1	—	465	183.00	183.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	538	200.00	200.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	480	169.00	169.00
1	—	445	156.00	156.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,015	900.00	900.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,078	810.00–830.00	820.11

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,945	95.00	95.00
1	—	1,600	91.50	91.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,175	70.00–77.50	74.05

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	710	45.00	45.00
9	—	987	60.00–69.00	65.79
1	—	895	54.00	54.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.