Sale reports / Mississippi / Meridian Livestock Auction / 2023-05-08

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 8
● Final57 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
193 head
▼ 59 vs last sale 252▼ 4 vs year ago 197 · −2.0%
Slaughter Cattle receipts
55 head
▲ 28 vs last sale 27▲ 3 vs year ago 52 · +5.8%
Replacement Cattle receipts
34 head
▼ 1 vs last sale 35▼ 20 vs year ago 54 · −37.0%
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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 classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $196.44/cwt on 73 head.
Average price
$196.44
73 head · 516 lb average
Value per head Derived
$1,013
Price × average weight ÷ 100
Grade differential Derived
$32
per head · Medium and Large 1-2 over Medium and Large 3
$37.99/cwt at this weight
vs the market
−1.68
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2466210.9998336
Medium and Large 1574187.401,07520
Medium and Large 2552176.4797416thin
Medium and Large 3550173.009521thin
One grade step is worth $37.99/cwt here — about $32 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 sale73 hd
196.44
—
MS average13 barns · 1,315 hd
198.11
−1.68
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—Average1,275102.691,3103thin
CowsBoner 80-85%Average1,14392.291,05516
CowsBreaker 75-80%Average1,13887.659972thin
CowsLean 85-90%Very Low92872.8967616

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)1,130$1,1001thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,035$1,0001thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,115$1,0001thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,028$9232thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,465$1,7752thin

Every lot

57 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 · Steers19 lots · lightest first
Steers—Medium and Large 2315228.44/cwt220.00–235.007203
Steers—Medium and Large 3320201.01/cwt200.00–202.006433
Steers—Medium and Large 1340249.00/cwt249.00–249.008471
Steers—Medium and Large 3360205.00/cwt205.00–205.007381
Steers—Medium and Large 2363236.52/cwt233.00–240.008592
Steers—Medium and Large 1380254.32/cwt253.00–256.009663
Steers—Medium and Large 1415242.98/cwt242.00–244.001,0082
Steers—Medium and Large 1450246.00/cwt246.00–246.001,1072
Steers—Medium and Large 2471208.53/cwt200.00–224.009824
Steers—Medium and Large 3480190.00/cwt190.00–190.009121
Steers—Medium and Large 1525220.30/cwt218.00–225.001,1574
Steers—Medium and Large 3535180.00/cwt180.00–180.009631
Steers—Medium and Large 2540200.00/cwt200.00–200.001,0802
Steers—Medium and Large 1558219.99/cwt215.00–225.001,2283
Steers—Medium and Large 3570183.00/cwt183.00–183.001,0431
Steers—Medium and Large 1603198.67/cwt196.00–200.001,1986
Steers—Medium and Large 2675185.00/cwt185.00–185.001,2492
Steers—Medium and Large 2710170.00/cwt170.00–170.001,2071
Steers—Medium and Large 1788188.00/cwt188.00–188.001,4816
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1355220.00/cwt220.00–220.007811
Heifers—Medium and Large 2363205.39/cwt202.00–210.007463
Heifers—Medium and Large 1425196.71/cwt194.00–200.008363
Heifers—Medium and Large 1-2426214.44/cwt214.00–215.0091419
Heifers—Medium and Large 2445186.00/cwt186.00–186.008281
Heifers—Medium and Large 2455181.70/cwt180.00–185.008273
Heifers—Medium and Large 1470191.52/cwt191.00–192.009002
Heifers—Medium and Large 2505184.50/cwt183.00–186.009322
Heifers—Medium and Large 1510197.52/cwt195.00–200.001,0072
Heifers—Medium and Large 1-2511207.13/cwt205.00–208.001,05817
Heifers—Medium and Large 3550173.00/cwt173.00–173.009521
Heifers—Medium and Large 2560184.00/cwt184.00–184.001,0301
Heifers—Medium and Large 2605173.00/cwt173.00–173.001,0471
Heifers—Medium and Large 1615181.64/cwt179.00–191.001,1176
Heifers—Medium and Large 1673181.00/cwt181.00–181.001,2185
Heifers—Medium and Large 2680170.00/cwt170.00–170.001,1562
Heifers—Medium and Large 2718145.09/cwt140.00–150.001,0422
Heifers—Medium and Large 1830165.00/cwt165.00–165.001,3701
Heifers—Medium and Large 2960120.00/cwt120.00–120.001,1521
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1425212.04/cwt209.00–215.009012
Bulls—Medium and Large 3473184.64/cwt184.00–186.008733
Bulls—Medium and Large 1490214.00/cwt214.00–214.001,0491
Bulls—Medium and Large 3575170.00/cwt170.00–170.009781
Bulls—Medium and Large 2617162.35/cwt159.00–168.001,0023
Bulls—Medium and Large 3735140.00/cwt140.00–140.001,0291
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,16397.03/cwt95.00–99.001,1282
Bulls——1,500114.00/cwt114.00–114.001,7101
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%85559.86/cwt55.00–62.005125
Cows—Lean 85-90%94369.04/cwt68.00–70.006513
Cows—Lean 85-90%96782.48/cwt78.00–87.007988
Cows—Boner 80-85%1,07288.31/cwt87.50–89.009475
Cows—Breaker 75-80%1,13887.65/cwt86.00–89.009972
Cows—Boner 80-85%1,17594.10/cwt90.00–98.501,10611
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 21,028923.28/head770.00–1,050.009232
Bred Cows—Medium and Large 21,0351,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 21,1151,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 21,1301,100.00/head1,100.00–1,100.001,1001
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,4651,775.00/head1,775.00–1,775.001,7752

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.