Sale reports / Mississippi / Meridian Livestock Auction / 2023-05-29

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 29
● Final61 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
133 head
▼ 151 vs last sale 284▼ 108 vs year ago 241 · −44.8%
Slaughter Cattle receipts
44 head
▼ 11 vs last sale 55▼ 56 vs year ago 100 · −56.0%
Replacement Cattle receipts
13 head
▼ 31 vs last sale 44▼ 46 vs year ago 59 · −78.0%
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $225.38/cwt on 45 head.
Average price
$225.38
45 head · 529 lb average
Value per head Derived
$1,193
Price × average weight ÷ 100
Grade differential Derived
$105
per head · Medium and Large 1 over Medium and Large 3
$53.33/cwt at this weight
vs the market
+3.19
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1463248.561,15218thin
Medium and Large 2580212.481,23223
Medium and Large 3536195.241,0474thin
One grade step is worth $53.33/cwt here — about $105 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 sale45 hd
225.38
—
MS average12 barns · 1,072 hd
222.19
+3.19
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—Low1,620114.541,8556thin
CowsBoner 80-85%Average1,09897.841,07414
CowsLean 85-90%Low92783.4177312

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 Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,080$1,3501thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,030$1,2102thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)905$1,1001thin
Cow-Calf Pairs1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,580$2,0002thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,158$1,6884thin

Every lot

61 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 · Steers21 lots · lightest first
Steers—Medium and Large 1290250.00/cwt250.00–250.007251
Steers—Medium and Large 1320263.23/cwt258.00–268.008422
Steers—Medium and Large 2338240.00/cwt240.00–240.008112
Steers—Medium and Large 1360259.00/cwt259.00–259.009321
Steers—Medium and Large 3365220.00/cwt220.00–220.008031
Steers—Medium and Large 2383243.71/cwt235.00–253.009332
Steers—Medium and Large 2428246.54/cwt245.00–248.001,0552
Steers—Medium and Large 1430255.16/cwt250.00–263.001,0975
Steers—Medium and Large 2455245.00/cwt245.00–245.001,1151
Steers—Medium and Large 1483262.06/cwt258.00–266.001,2662
Steers—Medium and Large 1515245.18/cwt240.00–250.001,2634
Steers—Medium and Large 1555247.00/cwt247.00–247.001,3711
Steers—Medium and Large 3565191.47/cwt190.00–193.001,0822
Steers—Medium and Large 2576220.94/cwt215.00–231.001,2737
Steers—Medium and Large 1640210.00/cwt210.00–210.001,3441
Steers—Medium and Large 3650178.00/cwt178.00–178.001,1571
Steers—Medium and Large 2668190.26/cwt188.00–191.001,2714
Steers—Medium and Large 1680201.00/cwt201.00–201.001,3671
Steers—Medium and Large 2735179.51/cwt179.00–180.001,3192
Steers—Medium and Large 2790175.00/cwt175.00–175.001,3831
Steers—Medium and Large 2810170.00/cwt170.00–170.001,3772
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 2265220.00/cwt220.00–220.005831
Heifers—Medium and Large 2338216.87/cwt211.00–223.007332
Heifers—Medium and Large 1350226.00/cwt226.00–226.007913
Heifers—Medium and Large 2383217.52/cwt215.00–220.008332
Heifers—Medium and Large 3415188.99/cwt188.00–190.007842
Heifers—Medium and Large 2423204.74/cwt201.00–208.008663
Heifers—Medium and Large 1445223.00/cwt223.00–223.009921
Heifers—Medium and Large 3450188.00/cwt188.00–188.008461
Heifers—Medium and Large 2463206.95/cwt205.00–209.009582
Heifers—Medium and Large 1518206.77/cwt200.00–214.001,0716
Heifers—Medium and Large 2565196.00/cwt196.00–196.001,1071
Heifers—Medium and Large 1572203.91/cwt200.00–207.001,1663
Heifers—Medium and Large 1625192.00/cwt192.00–192.001,2001
Heifers—Medium and Large 2630182.52/cwt180.00–185.001,1502
Heifers—Medium and Large 3635164.00/cwt164.00–164.001,0411
Heifers—Medium and Large 2660183.51/cwt182.00–185.001,2112
Heifers—Medium and Large 3665170.00/cwt170.00–170.001,1311
Heifers—Medium and Large 1705183.00/cwt183.00–183.001,2901
Heifers—Medium and Large 2730171.00/cwt171.00–171.001,2481
Heifers—Medium and Large 2895135.00/cwt135.00–135.001,2081
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1410220.00/cwt220.00–220.009021
Bulls—Medium and Large 2455201.00/cwt201.00–201.009151
Bulls—Medium and Large 1485224.90/cwt220.00–230.001,0912
Bulls—Medium and Large 1515215.00/cwt215.00–215.001,1072
Bulls—Medium and Large 1555208.00/cwt208.00–208.001,1541
Bulls—Medium and Large 3583182.49/cwt182.00–183.001,0642
Bulls—Medium and Large 3605173.00/cwt173.00–173.001,0471
Bulls—Medium and Large 1650193.00/cwt193.00–193.001,2552
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,130100.00/cwt100.00–100.001,1301
Bulls——1,535111.00/cwt111.00–111.001,7041
Bulls——1,763119.06/cwt116.00–123.002,0994
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%82876.89/cwt75.00–79.006372
Cows—Lean 85-90%94784.71/cwt80.00–89.0080210
Cows—Boner 80-85%1,06092.30/cwt91.00–93.509783
Cows—Boner 80-85%1,10899.35/cwt95.00–104.001,10111
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 19051,100.00/head1,100.00–1,100.001,1001
Bred Cows—Medium and Large 11,0301,209.90/head1,125.00–1,290.001,2102
Bred Cows—Medium and Large 11,0801,350.00/head1,350.00–1,350.001,3501
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1581,688.44/head1,600.00–1,775.001,6884
Cow-Calf Pairs—Medium and Large 11,5802,000.00/head2,000.00–2,000.002,0002

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.