Sale reports / Mississippi / Meridian Livestock Auction / 2023-03-27

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2023-03-27
Creator: RaisedBeef
Published: 2023-03-27

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 27

● Final54 lots reportedUSDA AMS · slug 2112

← Mar 20Mar 27Apr 3 →

Feeder Cattle receipts

278 head

▼ 78 vs last sale 356▲ 129 vs year ago 149 · +86.6%

Slaughter Cattle receipts

32 head

▼ 8 vs last sale 40▼ 59 vs year ago 91 · −64.8%

Replacement Cattle receipts

32 head

▲ 6 vs last sale 26▲ 6 vs year ago 26 · +23.1%

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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls were steady as well.

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 $219.52/cwt on 133 head.

Average price

$219.52

133 head · 499 lb average

Value per head Derived

$1,095

Price × average weight ÷ 100

Grade differential Derived

$301

per head · Medium and Large 1-2 over Medium and Large 3

$45.00/cwt at this weight

vs the market

+5.35

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	567	224.00	1,270	3thin
Medium and Large 1	491	223.67	1,099	113
Medium and Large 2	533	199.66	1,064	10thin
Medium and Large 3	541	179.00	969	7thin

One grade step is worth $45.00/cwt here — about $301 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 sale133 hd

219.52

—

MS average13 barns · 1,137 hd

214.17

+5.35

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	1,257	103.78	1,304	6thin
Cows	Boner 80-85%	Average	1,123	96.51	1,084	12
Cows	Lean 85-90%	Very Low	1,010	77.43	782	12

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)	970	$1,000	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,065	$1,000	1thin

Every lot

54 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 · Steers23 lots · lightest first
Steers	—	Medium and Large 1	285	250.00/cwt	250.00–250.00	713	1
Steers	—	Medium and Large 3	305	200.00/cwt	200.00–200.00	610	1
Steers	—	Medium and Large 1	329	244.49/cwt	241.00–253.00	804	7
Steers	—	Medium and Large 2	340	225.00/cwt	225.00–225.00	765	1
Steers	—	Medium and Large 1	359	248.59/cwt	240.00–250.00	892	7
Steers	—	Medium and Large 2	373	233.76/cwt	230.00–238.00	872	2
Steers	—	Medium and Large 3	380	213.00/cwt	213.00–213.00	809	1
Steers	—	Medium and Large 1	412	228.81/cwt	218.00–240.00	943	6
Steers	—	Medium and Large 1	470	227.49/cwt	220.00–230.00	1,069	54
Steers	—	Medium and Large 2	480	200.00/cwt	200.00–200.00	960	1
Steers	—	Medium and Large 1	510	200.00/cwt	200.00–200.00	1,020	1
Steers	—	Medium and Large 3	515	175.00/cwt	175.00–175.00	901	1
Steers	—	Medium and Large 1-2	567	224.00/cwt	224.00–224.00	1,270	3
Steers	—	Medium and Large 2	572	195.03/cwt	192.00–196.00	1,116	4
Steers	—	Medium and Large 1	576	211.86/cwt	208.00–212.00	1,220	29
Steers	—	Medium and Large 3	580	164.00/cwt	164.00–164.00	951	1
Steers	—	Medium and Large 3	630	170.00/cwt	170.00–170.00	1,071	1
Steers	—	Medium and Large 2	635	175.00/cwt	175.00–175.00	1,111	1
Steers	—	Medium and Large 1	656	199.43/cwt	186.00–210.00	1,308	7
Steers	—	Medium and Large 3	675	170.00/cwt	170.00–170.00	1,148	1
Steers	—	Medium and Large 3	705	161.00/cwt	161.00–161.00	1,135	1
Steers	—	Medium and Large 1	755	176.00/cwt	176.00–176.00	1,329	1
Steers	—	Medium and Large 2	840	149.00/cwt	149.00–149.00	1,252	1
Feeder Cattle · Heifers16 lots · lightest first
Heifers	—	Medium and Large 2	328	201.63/cwt	199.00–204.00	661	2
Heifers	—	Medium and Large 1	340	220.00/cwt	220.00–220.00	748	1
Heifers	—	Medium and Large 1	371	224.26/cwt	216.00–225.00	832	12
Heifers	—	Medium and Large 3	380	185.00/cwt	185.00–185.00	703	1
Heifers	—	Medium and Large 2	393	201.51/cwt	200.00–203.00	792	2
Heifers	—	Medium and Large 1	407	208.71/cwt	206.00–220.00	849	9
Heifers	—	Medium and Large 3	418	183.31/cwt	182.00–185.00	766	3
Heifers	—	Medium and Large 2	423	195.21/cwt	190.00–200.00	826	5
Heifers	—	Medium and Large 3	450	173.00/cwt	173.00–173.00	779	2
Heifers	—	Medium and Large 2	465	190.00/cwt	190.00–190.00	884	7
Heifers	—	Medium and Large 1	472	205.00/cwt	205.00–205.00	968	36
Heifers	—	Medium and Large 1	523	188.97/cwt	188.00–190.00	988	2
Heifers	—	Medium and Large 2	535	161.00/cwt	161.00–161.00	861	1
Heifers	—	Medium and Large 2	555	160.00/cwt	160.00–160.00	888	1
Heifers	—	Medium and Large 1	605	183.00/cwt	183.00–183.00	1,107	1
Heifers	—	Medium and Large 2	640	168.00/cwt	168.00–168.00	1,075	4
Feeder Cattle · Bulls5 lots · lightest first
Bulls	—	Medium and Large 1	416	210.14/cwt	205.00–215.00	874	4
Bulls	—	Medium and Large 1	470	212.00/cwt	212.00–212.00	996	1
Bulls	—	Medium and Large 3	490	175.00/cwt	175.00–175.00	858	1
Bulls	—	Medium and Large 1	505	205.50/cwt	200.00–211.00	1,038	2
Bulls	—	Medium and Large 3	525	170.00/cwt	170.00–170.00	893	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,040	98.44/cwt	96.00–101.00	1,024	2
Bulls	—	—	1,290	90.00/cwt	90.00–90.00	1,161	1
Bulls	—	—	1,390	111.94/cwt	110.00–116.00	1,556	3
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	830	60.00/cwt	60.00–60.00	498	1
Cows	—	Lean 85-90%	1,008	72.45/cwt	70.00–75.00	730	5
Cows	—	Lean 85-90%	1,042	84.49/cwt	81.00–88.00	880	6
Cows	—	Boner 80-85%	1,055	91.14/cwt	90.00–94.00	962	5
Cows	—	Boner 80-85%	1,172	100.35/cwt	95.00–105.00	1,176	7
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1	970	1,000.00/head	1,000.00–1,000.00	1,000	1
Bred Cows	—	Medium and Large 1	1,065	1,000.00/head	1,000.00–1,000.00	1,000	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 27, 2023

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

Feeder CattleReceipts 278Last week 356Year ago 149

Slaughter CattleReceipts 32Last week 40Year ago 91

Replacement CattleReceipts 32Last week 26Year ago 26

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls were steady as well.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	535	161.00	161.00
4	—	640	168.00	168.00
2	—	393	200.00–203.00	201.51
7	—	465	190.00	190.00
5	—	423	190.00–200.00	195.21
2	—	328	199.00–204.00	201.63
1	—	555	160.00	160.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
36	—	472	205.00	205.00
2	—	523	188.00–190.00	188.97
1	—	605	183.00	183.00
1	—	340	220.00	220.00
12	—	371	216.00–225.00	224.26
9	—	407	206.00–220.00	208.71

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
3	—	418	182.00–185.00	183.31
2	—	450	173.00	173.00
1	—	380	185.00	185.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	340	225.00	225.00
1	—	635	175.00	175.00
1	—	480	200.00	200.00
1	—	840	149.00	149.00
4	—	572	192.00–196.00	195.03
2	—	373	230.00–238.00	233.76

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	515	175.00	175.00
1	—	630	170.00	170.00
1	—	580	164.00	164.00
1	—	675	170.00	170.00
1	—	380	213.00	213.00
1	—	705	161.00	161.00
1	—	305	200.00	200.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
7	—	329	241.00–253.00	244.49
6	—	412	218.00–240.00	228.81
29	—	576	208.00–212.00	211.86
7	—	656	186.00–210.00	199.43
1	—	510	200.00	200.00
7	—	359	240.00–250.00	248.59
1	—	755	176.00	176.00
1	—	285	250.00	250.00
54	—	470	220.00–230.00	227.49

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
3	—	567	224.00	224.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	490	175.00	175.00
1	—	525	170.00	170.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	505	200.00–211.00	205.50
1	—	470	212.00	212.00
4	—	416	205.00–215.00	210.14

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	830	60.00	60.00
5	—	1,008	70.00–75.00	72.45
6	—	1,042	81.00–88.00	84.49

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
7	—	1,172	95.00–105.00	100.35
5	—	1,055	90.00–94.00	91.14

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,290	90.00	90.00
2	—	1,040	96.00–101.00	98.44
3	—	1,390	110.00–116.00	111.94

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	—	970	1,000.00	1,000.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,065	1,000.00	1,000.00

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.