Sale reports / Mississippi / Meridian Livestock Auction / 2023-03-20

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2023-03-20
Creator: RaisedBeef
Published: 2023-03-20

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 20

● Final67 lots reportedUSDA AMS · slug 2112

← Mar 13Mar 20Mar 27 →

Feeder Cattle receipts

356 head

▲ 211 vs last sale 145▲ 141 vs year ago 215 · +65.6%

Slaughter Cattle receipts

40 head

▲ 18 vs last sale 22▼ 13 vs year ago 53 · −24.5%

Replacement Cattle receipts

26 head

▲ 3 vs last sale 23▲ 9 vs year ago 17 · +52.9%

View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady in the regular run of calves, but weaned calves were strong. Slaughter cows and bulls were steady. Sold two loads of weaned steers mostly black hided load #1 was 85 head average weight 605 @ $ 2.1675, and load # 2 were 66 head average weight 774 @ $ 1.7675.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $203.45/cwt on 241 head.

Average price

$203.45

241 head · 618 lb average

Value per head Derived

$1,256

Price × average weight ÷ 100

Grade differential Derived

$42

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

$51.72/cwt at this weight

vs the market

−14.30

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	487	219.38	1,067	27
Medium and Large 1-2	652	202.67	1,321	181
Medium and Large 2	521	200.75	1,046	27
Medium and Large 3	612	167.66	1,026	6thin

One grade step is worth $51.72/cwt here — about $42 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 sale241 hd

203.45

—

MS average13 barns · 1,173 hd

217.75

−14.30

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	—	Low	1,593	102.27	1,629	5thin
Cows	Boner 80-85%	Low	1,115	88.30	985	11
Cows	Lean 85-90%	Average	960	71.88	690	16

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 Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,240	$1,160	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	815	$933	2thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	863	$840	2thin

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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers27 lots · lightest first
Steers	—	Medium and Large 1	258	249.03/cwt	248.00–250.00	642	2
Steers	—	Medium and Large 2	281	233.45/cwt	229.00–238.00	656	5
Steers	—	Medium and Large 2	310	234.00/cwt	234.00–234.00	725	1
Steers	—	Medium and Large 1	320	245.46/cwt	240.00–248.00	785	3
Steers	—	Medium and Large 2	357	222.68/cwt	220.00–227.00	795	3
Steers	—	Medium and Large 1	372	239.67/cwt	239.00–240.00	892	3
Steers	—	Medium and Large 1-2	407	230.00/cwt	230.00–230.00	936	4
Steers	—	Medium and Large 1	423	220.50/cwt	220.00–221.00	933	2
Steers	—	Medium and Large 2	425	209.00/cwt	208.00–210.00	888	2
Steers	—	Medium and Large 1	450	228.00/cwt	228.00–228.00	1,026	1
Steers	—	Medium and Large 1-2	458	228.82/cwt	225.00–230.00	1,048	18
Steers	—	Medium and Large 2	485	209.35/cwt	207.00–211.00	1,015	3
Steers	—	Medium and Large 2	520	192.00/cwt	192.00–192.00	998	1
Steers	—	Medium and Large 3	520	160.00/cwt	160.00–160.00	832	1
Steers	—	Medium and Large 1	525	209.15/cwt	205.00–213.00	1,098	2
Steers	—	Medium and Large 1-2	567	220.00/cwt	220.00–220.00	1,247	2
Steers	—	Medium and Large 1	580	206.45/cwt	200.00–210.00	1,197	12
Steers	—	Medium and Large 1-2	605	217.00/cwt	217.00–217.00	1,313	85
Steers	—	Medium and Large 2	610	185.00/cwt	185.00–185.00	1,129	1
Steers	—	Medium and Large 1	620	202.52/cwt	200.00–205.00	1,256	2
Steers	—	Medium and Large 3	630	169.19/cwt	160.00–175.00	1,066	5
Steers	—	Medium and Large 2	667	187.43/cwt	180.00–189.00	1,250	7
Steers	—	Medium and Large 1-2	705	188.00/cwt	188.00–188.00	1,325	3
Steers	—	Medium and Large 2	705	150.00/cwt	150.00–150.00	1,058	1
Steers	—	Medium and Large 1-2	774	176.74/cwt	171.00–177.00	1,368	69
Steers	—	Medium and Large 2	802	158.00/cwt	158.00–158.00	1,267	2
Steers	—	Medium and Large 2	875	150.00/cwt	150.00–150.00	1,313	1
Feeder Cattle · Heifers18 lots · lightest first
Heifers	—	Medium and Large 1	290	203.00/cwt	203.00–203.00	589	1
Heifers	—	Medium and Large 1	325	193.00/cwt	193.00–193.00	627	1
Heifers	—	Medium and Large 2	345	181.00/cwt	181.00–181.00	624	1
Heifers	—	Medium and Large 1	365	195.00/cwt	195.00–195.00	712	2
Heifers	—	Medium and Large 1-2	368	213.00/cwt	213.00–213.00	784	6
Heifers	—	Medium and Large 2	380	188.08/cwt	186.00–190.00	715	2
Heifers	—	Medium and Large 3	420	168.00/cwt	168.00–168.00	706	1
Heifers	—	Medium and Large 2	423	178.56/cwt	175.00–182.00	755	2
Heifers	—	Medium and Large 1	430	190.06/cwt	185.00–195.00	817	2
Heifers	—	Medium and Large 1	485	186.00/cwt	186.00–186.00	902	1
Heifers	—	Medium and Large 2	490	171.00/cwt	171.00–171.00	838	1
Heifers	—	Medium and Large 2	510	172.00/cwt	172.00–172.00	877	1
Heifers	—	Medium and Large 1	530	183.00/cwt	183.00–183.00	970	1
Heifers	—	Medium and Large 1	555	185.00/cwt	185.00–185.00	1,027	1
Heifers	—	Medium and Large 2	560	163.00/cwt	163.00–163.00	913	1
Heifers	—	Medium and Large 3	575	150.00/cwt	150.00–150.00	863	1
Heifers	—	Medium and Large 1	715	152.53/cwt	150.00–155.00	1,091	2
Heifers	—	Medium and Large 3	770	133.00/cwt	133.00–133.00	1,024	1
Feeder Cattle · Bulls9 lots · lightest first
Bulls	—	Medium and Large 1	410	197.98/cwt	196.00–200.00	812	2
Bulls	—	Medium and Large 2	415	188.00/cwt	188.00–188.00	780	1
Bulls	—	Medium and Large 2	460	190.00/cwt	190.00–190.00	874	1
Bulls	—	Medium and Large 1	490	208.00/cwt	208.00–208.00	1,019	1
Bulls	—	Medium and Large 1	525	200.00/cwt	200.00–200.00	1,050	1
Bulls	—	Medium and Large 2	590	183.00/cwt	183.00–183.00	1,080	1
Bulls	—	Medium and Large 1	630	181.31/cwt	178.00–188.00	1,142	3
Bulls	—	Medium and Large 2	675	160.00/cwt	160.00–160.00	1,080	1
Bulls	—	Medium and Large 3	765	117.00/cwt	117.00–117.00	895	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,545	93.21/cwt	90.50–96.00	1,440	2
Bulls	—	—	1,620	104.46/cwt	104.00–105.00	1,692	2
Bulls	—	—	1,635	116.00/cwt	116.00–116.00	1,897	1
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	885	48.34/cwt	46.00–50.00	428	3
Cows	—	Lean 85-90%	930	70.97/cwt	65.00–74.00	660	4
Cows	—	Lean 85-90%	998	80.14/cwt	75.00–84.00	800	9
Cows	—	Boner 80-85%	1,113	85.68/cwt	84.50–87.50	954	5
Cows	—	Boner 80-85%	1,117	90.48/cwt	88.00–95.00	1,011	6
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows	—	Medium and Large 3	750	890.00/head	890.00–890.00	890	1
Bred Cows	—	Medium and Large 3	840	770.00/head	770.00–770.00	770	1
Bred Cows	—	Medium and Large 2	880	975.00/head	975.00–975.00	975	1
Bred Cows	—	Medium and Large 2	885	910.00/head	910.00–910.00	910	1
Bred Cows	—	Medium and Large 1	1,240	1,160.00/head	1,160.00–1,160.00	1,160	1

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 Mar 20, 2023

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

Feeder CattleReceipts 356Last week 145Year ago 215

Slaughter CattleReceipts 40Last week 22Year ago 53

Replacement CattleReceipts 26Last week 23Year ago 17

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	—	368	213.00	213.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	485	186.00	186.00
1	—	555	185.00	185.00
1	—	325	193.00	193.00
1	—	530	183.00	183.00
2	—	365	195.00	195.00
1	—	290	203.00	203.00
2	—	715	150.00–155.00	152.53
2	—	430	185.00–195.00	190.06

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	575	150.00	150.00
1	—	770	133.00	133.00
1	—	420	168.00	168.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	510	172.00	172.00
1	—	560	163.00	163.00
1	—	490	171.00	171.00
2	—	423	175.00–182.00	178.56
2	—	380	186.00–190.00	188.08
1	—	345	181.00	181.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	423	220.00–221.00	220.50
12	—	580	200.00–210.00	206.45
3	—	372	239.00–240.00	239.67
2	—	258	248.00–250.00	249.03
3	—	320	240.00–248.00	245.46
2	—	525	205.00–213.00	209.15
2	—	620	200.00–205.00	202.52
1	—	450	228.00	228.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
3	—	485	207.00–211.00	209.35
2	—	802	158.00	158.00
1	—	610	185.00	185.00
1	—	310	234.00	234.00
5	—	281	229.00–238.00	233.45
1	—	520	192.00	192.00
1	—	705	150.00	150.00
1	—	875	150.00	150.00
2	—	425	208.00–210.00	209.00
3	—	357	220.00–227.00	222.68
7	—	667	180.00–189.00	187.43

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
18	—	458	225.00–230.00	228.82
4	—	407	230.00	230.00
2	—	567	220.00	220.00
3	—	705	188.00	188.00
85	—	605	217.00	217.00
69	—	774	171.00–177.00	176.74

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
5	—	630	160.00–175.00	169.19
1	—	520	160.00	160.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	675	160.00	160.00
1	—	460	190.00	190.00
1	—	590	183.00	183.00
1	—	415	188.00	188.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	525	200.00	200.00
3	—	630	178.00–188.00	181.31
2	—	410	196.00–200.00	197.98
1	—	490	208.00	208.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	765	117.00	117.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
9	—	998	75.00–84.00	80.14
3	—	885	46.00–50.00	48.34
4	—	930	65.00–74.00	70.97

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,113	84.50–87.50	85.68
6	—	1,117	88.00–95.00	90.48

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,620	104.00–105.00	104.46
1	—	1,635	116.00	116.00
2	—	1,545	90.50–96.00	93.21

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,240	1,160.00	1,160.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 3$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	750	890.00	890.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	840	770.00	770.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	880	975.00	975.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	885	910.00	910.00

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.