Sale reports / Mississippi / Meridian Livestock Auction / 2023-03-06

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 6
● Final49 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
165 head
▼ 69 vs last sale 234▼ 56 vs year ago 221 · −25.3%
Slaughter Cattle receipts
21 head
▼ 2 vs last sale 23▼ 69 vs year ago 90 · −76.7%
Replacement Cattle receipts
17 head
▲ 2 vs last sale 15▼ 40 vs year ago 57 · −70.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 8-10 higher. Slaughter cows 2-4 higher and 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 $188.65/cwt on 60 head.
Average price
$188.65
60 head · 436 lb average
Value per head Derived
$822
Price × average weight ÷ 100
Grade differential Derived
$345
per head · Medium and Large 1-2 over Medium and Large 3
$33.00/cwt at this weight
vs the market
−2.68
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2459203.0093212thin
Medium and Large 1380197.6475121
Medium and Large 2474175.4983226
Medium and Large 3345170.005871thin
One grade step is worth $33.00/cwt here — about $345 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 sale60 hd
188.65
—
MS average13 barns · 1,301 hd
191.33
−2.68
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—Low1,555100.881,5695thin
CowsBoner 80-85%Average1,05185.2489611
CowsBreaker 75-80%Average1,53082.501,2621thin
CowsLean 85-90%Low78573.995814thin

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)985$1,2751thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,090$9751thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,215$9501thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)840$8501thin

Every lot

49 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 · Steers16 lots · lightest first
Steers—Medium and Large 3320200.00/cwt200.00–200.006401
Steers—Medium and Large 1328236.97/cwt233.00–241.007772
Steers—Medium and Large 2330210.00/cwt210.00–210.006931
Steers—Medium and Large 1363232.77/cwt230.00–235.008454
Steers—Medium and Large 2368224.00/cwt221.00–226.008243
Steers—Medium and Large 1-2423248.00/cwt248.00–248.001,0493
Steers—Medium and Large 1432225.51/cwt220.00–235.009748
Steers—Medium and Large 2475215.67/cwt215.00–217.001,0243
Steers—Medium and Large 1-2523230.17/cwt230.00–231.001,20412
Steers—Medium and Large 1525211.00/cwt211.00–211.001,1081
Steers—Medium and Large 2530185.00/cwt185.00–185.009811
Steers—Medium and Large 1578198.29/cwt195.00–200.001,1463
Steers—Medium and Large 2605172.00/cwt172.00–172.001,0411
Steers—Medium and Large 1613200.48/cwt199.00–202.001,2292
Steers—Medium and Large 1-2688190.00/cwt190.00–190.001,3075
Steers—Medium and Large 1-2821173.00/cwt173.00–173.001,4205
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1235200.00/cwt200.00–200.004701
Heifers—Medium and Large 2265191.00/cwt191.00–191.005061
Heifers—Medium and Large 1270203.33/cwt200.00–210.005493
Heifers—Medium and Large 2317184.67/cwt183.00–187.005853
Heifers—Medium and Large 1333202.83/cwt201.00–206.006756
Heifers—Medium and Large 3345170.00/cwt170.00–170.005871
Heifers—Medium and Large 2363190.60/cwt187.00–194.006925
Heifers—Medium and Large 1375196.96/cwt196.00–198.007392
Heifers—Medium and Large 2415182.00/cwt182.00–182.007552
Heifers—Medium and Large 1428194.55/cwt188.00–199.008333
Heifers—Medium and Large 2450185.00/cwt185.00–185.008331
Heifers—Medium and Large 1-2459203.00/cwt203.00–203.0093212
Heifers—Medium and Large 1474193.98/cwt191.00–195.009194
Heifers—Medium and Large 1505185.00/cwt182.00–188.009342
Heifers—Medium and Large 2527168.67/cwt166.00–173.008896
Heifers—Medium and Large 2578171.27/cwt165.00–176.009906
Heifers—Medium and Large 2620150.00/cwt150.00–150.009301
Heifers—Medium and Large 2760126.00/cwt126.00–126.009581
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1405195.00/cwt195.00–195.007901
Bulls—Medium and Large 1465194.96/cwt193.00–197.009072
Bulls—Medium and Large 1505193.00/cwt193.00–193.009751
Bulls—Medium and Large 2750138.00/cwt138.00–138.001,0351
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,32083.00/cwt83.00–83.001,0961
Bulls——1,614105.35/cwt103.00–108.001,7004
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%68565.00/cwt65.00–65.004451
Cows—Lean 85-90%81876.99/cwt75.00–79.006303
Cows—Boner 80-85%99681.79/cwt80.00–83.508154
Cows—Boner 80-85%1,08387.21/cwt85.00–90.009447
Cows—Breaker 75-80%1,53082.50/cwt82.50–82.501,2621
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2840850.00/head850.00–850.008501
Bred Cows—Medium and Large 19851,275.00/head1,275.00–1,275.001,2751
Bred Cows—Medium and Large 21,090975.00/head975.00–975.009751
Bred Cows—Medium and Large 21,215950.00/head950.00–950.009501

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.