Sale reports / Mississippi / Meridian Livestock Auction / 2023-04-24

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 24
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
530 head
▲ 93 vs last sale 437▲ 367 vs year ago 163 · +225.2%
Slaughter Cattle receipts
37 head
▼ 25 vs last sale 62▲ 16 vs year ago 21 · +76.2%
Replacement Cattle receipts
31 head
▼ 90 vs last sale 121▲ 12 vs year ago 19 · +63.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves 2-3 lower, and slaughter cows 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 $198.24/cwt on 274 head.
Average price
$198.24
274 head · 591 lb average
Value per head Derived
$1,171
Price × average weight ÷ 100
Grade differential Derived
$238
per head · Medium and Large 1-2 over Medium and Large 3
$29.29/cwt at this weight
vs the market
+3.46
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2608200.261,218210
Medium and Large 1517198.391,02637
Medium and Large 2553183.191,01325
Medium and Large 3573170.979802thin
One grade step is worth $29.29/cwt here — about $238 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 sale274 hd
198.24
—
MS average13 barns · 1,738 hd
194.78
+3.46
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—Low1,358105.751,4368thin
CowsBoner 80-85%Low1,09895.591,0499thin
CowsLean 85-90%Average90972.5465913

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)Middle Aged (5-8 yrs)1,325$1,2751thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)938$9692thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)918$8952thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,128$1,4454thin

Every lot

70 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 · Steers20 lots · lightest first
Steers—Medium and Large 3310217.00/cwt217.00–217.006731
Steers—Medium and Large 2330231.55/cwt223.00–240.007644
Steers—Medium and Large 3377215.51/cwt210.00–219.008123
Steers—Medium and Large 2379230.69/cwt226.00–238.008745
Steers—Medium and Large 2423225.46/cwt220.00–230.009544
Steers—Medium and Large 1443247.00/cwt247.00–247.001,0942
Steers—Medium and Large 2475226.71/cwt220.00–233.001,0772
Steers—Medium and Large 3480213.46/cwt210.00–217.001,0252
Steers—Medium and Large 1483242.92/cwt240.00–246.001,1732
Steers—Medium and Large 1-2505240.00/cwt240.00–240.001,21245
Steers—Medium and Large 1522202.00/cwt202.00–202.001,0542
Steers—Medium and Large 1571200.00/cwt200.00–200.001,1424
Steers—Medium and Large 1610203.00/cwt203.00–203.001,2381
Steers—Medium and Large 1-2615216.00/cwt216.00–216.001,32837
Steers—Medium and Large 2630182.00/cwt182.00–182.001,1471
Steers—Medium and Large 2660181.00/cwt181.00–181.001,1951
Steers—Medium and Large 2720172.00/cwt172.00–172.001,2381
Steers—Medium and Large 1-2729189.00/cwt189.00–189.001,3788
Steers—Medium and Large 1-2860180.00/cwt180.00–180.001,5482
Steers—Medium and Large 11,085119.00/cwt119.00–119.001,2911
Feeder Cattle · Heifers25 lots · lightest first
Heifers—Medium and Large 2322198.36/cwt196.00–200.006393
Heifers—Medium and Large 1345209.00/cwt209.00–209.007211
Heifers—Medium and Large 2380199.00/cwt199.00–199.007561
Heifers—Medium and Large 1390213.00/cwt213.00–213.008311
Heifers—Medium and Large 2430195.00/cwt195.00–195.008392
Heifers—Medium and Large 1435207.23/cwt200.00–216.0090116
Heifers—Medium and Large 1473203.18/cwt201.00–206.009615
Heifers—Medium and Large 2473192.98/cwt190.00–196.009132
Heifers—Medium and Large 1-2488215.00/cwt215.00–215.001,04934
Heifers—Medium and Large 2517185.29/cwt175.00–191.009583
Heifers—Medium and Large 1523195.00/cwt195.00–195.001,0202
Heifers—Medium and Large 1-2539210.00/cwt210.00–210.001,13217
Heifers—Medium and Large 1-2569205.00/cwt205.00–205.001,16688
Heifers—Medium and Large 2570184.37/cwt181.00–191.001,0515
Heifers—Medium and Large 1573206.93/cwt204.00–210.001,1862
Heifers—Medium and Large 3573170.97/cwt170.00–172.009802
Heifers—Medium and Large 2610175.00/cwt175.00–175.001,0681
Heifers—Medium and Large 1625183.00/cwt183.00–183.001,1441
Heifers—Medium and Large 2650172.00/cwt172.00–172.001,1181
Heifers—Medium and Large 1682179.00/cwt179.00–179.001,2217
Heifers—Medium and Large 2706170.00/cwt170.00–170.001,2006
Heifers—Medium and Large 1-2731185.00/cwt185.00–185.001,35271
Heifers—Medium and Large 1735172.00/cwt172.00–172.001,2641
Heifers—Medium and Large 1750175.00/cwt175.00–175.001,3131
Heifers—Medium and Large 2775165.00/cwt165.00–165.001,2791
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 2440204.00/cwt204.00–204.008981
Bulls—Medium and Large 1443215.47/cwt211.00–220.009552
Bulls—Medium and Large 1483214.87/cwt210.00–220.001,0382
Bulls—Medium and Large 2485193.43/cwt190.00–197.009382
Bulls—Medium and Large 1517198.65/cwt198.00–200.001,0273
Bulls—Medium and Large 2535182.00/cwt182.00–182.009741
Bulls—Medium and Large 1550190.00/cwt190.00–190.001,0451
Bulls—Medium and Large 2555170.00/cwt170.00–170.009441
Bulls—Medium and Large 3580168.00/cwt168.00–168.009741
Bulls—Medium and Large 1613173.66/cwt173.00–175.001,0653
Bulls—Medium and Large 1675176.00/cwt176.00–176.001,1881
Bulls—Medium and Large 2885133.00/cwt133.00–133.001,1771
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,323103.41/cwt101.00–105.001,3686
Bulls——1,463112.77/cwt112.50–113.001,6502
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%87554.34/cwt52.00–58.504753
Cows—Lean 85-90%89069.62/cwt64.00–72.006204
Cows—Lean 85-90%93983.58/cwt80.00–89.007856
Cows—Boner 80-85%970107.00/cwt107.00–107.001,0381
Cows—Boner 80-85%1,05890.90/cwt89.00–93.009624
Cows—Boner 80-85%1,16997.42/cwt94.50–100.001,1394
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2850750.00/head750.00–750.007501
Bred Cows—Medium and Large 2938969.12/head900.00–1,020.009692
Bred Cows—Medium and Large 19851,040.00/head1,040.00–1,040.001,0401
Bred Cows—Medium and Large 11,3251,275.00/head1,275.00–1,275.001,2751
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,1281,445.45/head1,380.00–1,500.001,4454

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.