Sale reports / Mississippi / Meridian Livestock Auction / 2023-03-13

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 13
● Final59 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
145 head
▼ 20 vs last sale 165▼ 7 vs year ago 152 · −4.6%
Slaughter Cattle receipts
22 head
▲ 1 vs last sale 21▼ 25 vs year ago 47 · −53.2%
Replacement Cattle receipts
23 head
▲ 6 vs last sale 17▼ 10 vs year ago 33 · −30.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were steady, and heifers were 3-7 higher. Slaughter cows and bulls were 5-8 higher.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $212.78/cwt on 59 head.
Average price
$212.78
59 head · 509 lb average
Value per head Derived
$1,083
Price × average weight ÷ 100
Grade differential Derived
$33
per head · Medium and Large 1-2 over Medium and Large 3
$75.90/cwt at this weight
vs the market
−11.52
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2475231.901,10221
Medium and Large 2413210.5386913thin
Medium and Large 1574203.591,16822
Medium and Large 3685156.001,0693thin
One grade step is worth $75.90/cwt here — about $33 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 sale59 hd
212.78
—
MS average13 barns · 814 hd
224.29
−11.52
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—Average1,610111.311,7923thin
CowsBoner 80-85%Average1,20691.861,1088thin
CowsLean 85-90%Low90676.816968thin

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)Middle Aged (5-8 yrs)1,110$1,1201thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)817$8873thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)790$8401thin

Every lot

59 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 · Steers21 lots · lightest first
Steers—Medium and Large 2270210.00/cwt210.00–210.005671
Steers—Medium and Large 1285235.00/cwt235.00–235.006701
Steers—Medium and Large 2317225.00/cwt220.00–230.007133
Steers—Medium and Large 1318235.27/cwt230.00–240.007484
Steers—Medium and Large 1-2338249.00/cwt249.00–249.008423
Steers—Medium and Large 2363216.61/cwt208.00–222.007863
Steers—Medium and Large 1405225.00/cwt220.00–230.009112
Steers—Medium and Large 1469221.23/cwt220.00–225.001,0384
Steers—Medium and Large 2472206.04/cwt200.00–218.009733
Steers—Medium and Large 1-2477234.00/cwt234.00–234.001,11613
Steers—Medium and Large 1-2518225.00/cwt225.00–225.001,1663
Steers—Medium and Large 1518215.00/cwt215.00–215.001,1142
Steers—Medium and Large 2535192.00/cwt192.00–192.001,0272
Steers—Medium and Large 2570200.00/cwt200.00–200.001,1401
Steers—Medium and Large 1-2605203.00/cwt203.00–203.001,2282
Steers—Medium and Large 1610200.00/cwt200.00–200.001,2204
Steers—Medium and Large 3685156.00/cwt156.00–156.001,0693
Steers—Medium and Large 1865148.00/cwt148.00–148.001,2801
Steers—Medium and Large 1940143.99/cwt143.00–145.001,3542
Steers—Medium and Large 11,030156.00/cwt156.00–156.001,6071
Steers—Medium and Large 11,125146.00/cwt146.00–146.001,6431
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 1250217.00/cwt217.00–217.005431
Heifers—Medium and Large 2305192.00/cwt192.00–192.005861
Heifers—Medium and Large 1360209.00/cwt209.00–209.007521
Heifers—Medium and Large 3380185.00/cwt185.00–185.007031
Heifers—Medium and Large 1-2382229.00/cwt229.00–229.008752
Heifers—Medium and Large 3405170.00/cwt170.00–170.006891
Heifers—Medium and Large 1410200.00/cwt200.00–200.008201
Heifers—Medium and Large 2425182.00/cwt182.00–182.007741
Heifers—Medium and Large 2455182.00/cwt182.00–182.008281
Heifers—Medium and Large 3475175.00/cwt175.00–175.008311
Heifers—Medium and Large 1-2482203.00/cwt203.00–203.0097814
Heifers—Medium and Large 1485192.00/cwt192.00–192.009311
Heifers—Medium and Large 1525183.00/cwt183.00–183.009611
Heifers—Medium and Large 2535163.00/cwt163.00–163.008722
Heifers—Medium and Large 3575150.00/cwt150.00–150.008631
Heifers—Medium and Large 1-2580190.00/cwt190.00–190.001,10210
Heifers—Medium and Large 2608157.62/cwt150.00–163.009583
Heifers—Medium and Large 1615172.98/cwt172.00–174.001,0642
Heifers—Medium and Large 2650161.00/cwt161.00–161.001,0471
Heifers—Medium and Large 3685140.00/cwt140.00–140.009591
Heifers—Medium and Large 1729152.06/cwt149.00–155.001,1092
Heifers—Medium and Large 1898139.00/cwt139.00–139.001,2482
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 2415191.00/cwt191.00–191.007931
Bulls—Medium and Large 1425216.00/cwt216.00–216.009181
Bulls—Medium and Large 1460207.01/cwt206.00–208.009522
Bulls—Medium and Large 2460200.00/cwt200.00–200.009201
Bulls—Medium and Large 2590170.00/cwt170.00–170.001,0031
Bulls—Medium and Large 1753145.49/cwt141.00–150.001,0962
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,400107.50/cwt107.50–107.501,5051
Bulls——1,715113.22/cwt112.50–114.001,9422
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%86770.22/cwt65.00–75.006093
Cows—Lean 85-90%93080.76/cwt77.00–82.507515
Cows—Boner 80-85%1,12392.75/cwt88.50–98.001,0422
Cows—Boner 80-85%1,13385.68/cwt84.00–87.009714
Cows—Boner 80-85%1,435103.31/cwt102.00–105.001,4822
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2790840.00/head840.00–840.008401
Bred Cows—Medium and Large 2817887.29/head800.00–930.008873
Bred Cows—Medium and Large 11,1101,120.00/head1,120.00–1,120.001,1201

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.