Sale reports / Mississippi / Meridian Livestock Auction / 2023-01-30

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 30
● Final34 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
112 head
▲ 7 vs last sale 105▼ 134 vs year ago 246 · −54.5%
Slaughter Cattle receipts
18 head
▼ 1 vs last sale 19▼ 16 vs year ago 34 · −47.1%
Replacement Cattle receipts
11 head
▼ 19 vs last sale 30▼ 7 vs year ago 18 · −38.9%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. And slaughter cows were 5-8 higher, bulls steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $153.82/cwt on 28 head.
Average price
$153.82
28 head · 460 lb average
Value per head Derived
$708
Price × average weight ÷ 100
Grade differential Derived
−$6
per head · Medium and Large 2 over Medium and Large 3
$18.63/cwt at this weight
vs the market
−5.05
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2413159.3965813thin
Medium and Large 1534158.418457thin
Medium and Large 3472140.766648thin
One grade step is worth $18.63/cwt here — about −$6 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 sale28 hd
153.82
—
MS average13 barns · 901 hd
158.87
−5.05
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—Average1,92891.531,7652thin
CowsBoner 80-85%Average1,20486.961,0477thin
CowsBreaker 75-80%Average1,63076.241,2432thin
CowsLean 85-90%Average88868.106055thin

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 Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,275$1,1401thin
Bred Cows2nd/3rd Stage (4-9 mo)Young/Middle Aged (2-8 yrs)1,445$1,1001thin

Every lot

34 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 · Steers9 lots · lightest first
Steers—Medium and Large 2310183.65/cwt182.00–186.005693
Steers—Medium and Large 1328195.64/cwt193.00–200.006424
Steers—Medium and Large 2381188.16/cwt185.00–191.007174
Steers—Medium and Large 1390192.00/cwt192.00–192.007491
Steers—Medium and Large 1433187.23/cwt185.00–190.008114
Steers—Medium and Large 1450187.33/cwt186.00–188.008433
Steers—Medium and Large 2455178.00/cwt178.00–178.008101
Steers—Medium and Large 2520168.00/cwt168.00–168.008741
Steers—Medium and Large 1565185.00/cwt185.00–185.001,0451
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 3310152.00/cwt152.00–152.004711
Heifers—Medium and Large 2338163.99/cwt163.00–165.005542
Heifers—Medium and Large 1345172.00/cwt172.00–172.005931
Heifers—Medium and Large 2368160.73/cwt158.00–165.005914
Heifers—Medium and Large 3368151.03/cwt150.00–152.005562
Heifers—Medium and Large 2415155.98/cwt155.00–157.006472
Heifers—Medium and Large 3415148.00/cwt148.00–148.006141
Heifers—Medium and Large 2478157.83/cwt153.00–165.007545
Heifers—Medium and Large 3485141.00/cwt141.00–141.006841
Heifers—Medium and Large 3515140.00/cwt140.00–140.007211
Heifers—Medium and Large 1528157.01/cwt155.00–158.008293
Heifers—Medium and Large 1560166.00/cwt166.00–166.009301
Heifers—Medium and Large 3610122.00/cwt122.00–122.007441
Heifers—Medium and Large 1623149.92/cwt147.00–153.009342
Heifers—Medium and Large 3705121.00/cwt121.00–121.008531
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1445170.00/cwt170.00–170.007571
Bulls—Medium and Large 2515150.00/cwt150.00–150.007731
Bulls—Medium and Large 1565170.09/cwt165.00–175.009612
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,92891.53/cwt91.00–92.001,7652
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%87873.45/cwt70.50–75.006453
Cows—Lean 85-90%90360.07/cwt56.50–64.005422
Cows—Boner 80-85%1,20486.96/cwt83.00–92.501,0477
Cows—Breaker 75-80%1,63076.24/cwt75.50–77.001,2432
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,2751,140.00/head1,140.00–1,140.001,1401
Bred Cows—Medium and Large 11,4451,100.00/head1,100.00–1,100.001,1001

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.