Sale reports / Mississippi / Meridian Livestock Auction / 2023-05-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 1
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
252 head
▼ 278 vs last sale 530▼ 193 vs year ago 445 · −43.4%
Slaughter Cattle receipts
27 head
▼ 10 vs last sale 37▼ 46 vs year ago 73 · −63.0%
Replacement Cattle receipts
35 head
▲ 4 vs last sale 31▼ 90 vs year ago 125 · −72.0%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 higher and slaughter cows and bulls were steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $195.11/cwt on 102 head.
Average price
$195.11
102 head · 621 lb average
Value per head Derived
$1,212
Price × average weight ÷ 100
Grade differential Derived
$35
per head · Medium and Large 2 over Medium and Large 3
$40.83/cwt at this weight
vs the market
−0.48
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2408210.8385911thin
Medium and Large 1463210.4597529
Medium and Large 1-2737185.391,36761
Medium and Large 3485170.008251thin
One grade step is worth $40.83/cwt here — about $35 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 sale102 hd
195.11
—
MS average13 barns · 1,075 hd
195.59
−0.48
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—Average1,559104.971,6363thin
CowsBoner 80-85%Low1,18095.311,1249thin
CowsBreaker 75-80%Average1,62590.001,4631thin
CowsLean 85-90%Very Low1,01675.737699thin

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)Young (2-4 yrs)835$1,1001thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,060$1,0901thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)875$9601thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)815$1,2002thin

Every lot

66 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 · Steers25 lots · lightest first
Steers—Medium and Large 2260260.00/cwt260.00–260.006761
Steers—Medium and Large 1263278.95/cwt278.00–280.007342
Steers—Medium and Large 3273229.68/cwt225.00–235.006272
Steers—Medium and Large 2315261.55/cwt260.00–263.008242
Steers—Medium and Large 1317278.61/cwt270.00–285.008833
Steers—Medium and Large 3320250.00/cwt250.00–250.008001
Steers—Medium and Large 1360273.00/cwt273.00–273.009831
Steers—Medium and Large 2367258.73/cwt250.00–265.009509
Steers—Medium and Large 2415233.00/cwt233.00–233.009671
Steers—Medium and Large 1429249.92/cwt242.00–258.001,0724
Steers—Medium and Large 3473205.03/cwt200.00–210.009702
Steers—Medium and Large 2495218.00/cwt218.00–218.001,0791
Steers—Medium and Large 1530195.00/cwt195.00–195.001,0341
Steers—Medium and Large 3555170.00/cwt170.00–170.009441
Steers—Medium and Large 2565180.00/cwt180.00–180.001,0172
Steers—Medium and Large 1575206.00/cwt206.00–206.001,1851
Steers—Medium and Large 2640187.00/cwt187.00–187.001,1971
Steers—Medium and Large 1663202.51/cwt200.00–210.001,3436
Steers—Medium and Large 3675167.00/cwt167.00–167.001,1271
Steers—Medium and Large 1700200.00/cwt200.00–200.001,4002
Steers—Medium and Large 2710185.00/cwt185.00–185.001,3141
Steers—Medium and Large 3730160.00/cwt160.00–160.001,1681
Steers—Medium and Large 3780168.00/cwt168.00–168.001,3101
Steers—Medium and Large 2790175.00/cwt175.00–175.001,3831
Steers—Medium and Large 1-2829184.00/cwt184.00–184.001,5254
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1260240.00/cwt240.00–240.006241
Heifers—Medium and Large 1319232.25/cwt227.00–238.007415
Heifers—Medium and Large 2330221.39/cwt220.00–224.007313
Heifers—Medium and Large 1367231.85/cwt230.00–235.008517
Heifers—Medium and Large 2374217.82/cwt215.00–220.008156
Heifers—Medium and Large 1483200.36/cwt196.00–211.009686
Heifers—Medium and Large 3485170.00/cwt170.00–170.008251
Heifers—Medium and Large 1515200.43/cwt197.00–204.001,0322
Heifers—Medium and Large 1555194.00/cwt194.00–194.001,0771
Heifers—Medium and Large 2580183.00/cwt183.00–183.001,0611
Heifers—Medium and Large 1632183.65/cwt177.00–185.001,1616
Heifers—Medium and Large 2670165.00/cwt165.00–165.001,1061
Heifers—Medium and Large 1-2672190.00/cwt190.00–190.001,27724
Heifers—Medium and Large 1-2730186.00/cwt186.00–186.001,3587
Heifers—Medium and Large 1730180.00/cwt180.00–180.001,3141
Heifers—Medium and Large 1-2777182.78/cwt182.00–183.001,42018
Heifers—Medium and Large 1-2812179.75/cwt179.00–180.001,46012
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 1425236.00/cwt236.00–236.001,0031
Bulls—Medium and Large 2440197.00/cwt197.00–197.008671
Bulls—Medium and Large 1460230.00/cwt230.00–230.001,0581
Bulls—Medium and Large 2495197.00/cwt197.00–197.009751
Bulls—Medium and Large 1518200.73/cwt190.00–212.001,0402
Bulls—Medium and Large 2530185.00/cwt185.00–185.009811
Bulls—Medium and Large 1565190.00/cwt190.00–190.001,0741
Bulls—Medium and Large 2605173.00/cwt173.00–173.001,0471
Bulls—Medium and Large 3606150.00/cwt150.00–150.009092
Bulls—Medium and Large 1620190.00/cwt190.00–190.001,1781
Bulls—Medium and Large 2680170.00/cwt170.00–170.001,1561
Bulls—Medium and Large 2735164.00/cwt164.00–164.001,2051
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,22398.95/cwt94.00–104.001,2102
Bulls——2,230117.00/cwt117.00–117.002,6091
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%93056.71/cwt53.00–60.005272
Cows—Lean 85-90%95869.96/cwt68.00–72.006702
Cows—Lean 85-90%1,07385.64/cwt84.00–86.509195
Cows—Boner 80-85%1,08591.30/cwt90.00–92.509912
Cows—Boner 80-85%1,20796.45/cwt95.00–100.001,1647
Cows—Breaker 75-80%1,62590.00/cwt90.00–90.001,4631
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 28351,100.00/head1,100.00–1,100.001,1001
Bred Cows—Medium and Large 2875960.00/head960.00–960.009601
Bred Cows—Medium and Large 21,0601,090.00/head1,090.00–1,090.001,0901
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 28151,200.00/head1,200.00–1,200.001,2002

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.