Sale reports / Mississippi / Meridian Livestock Auction / 2023-06-05

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 5
● Final53 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
454 head
▲ 321 vs last sale 133▼ 190 vs year ago 644 · −29.5%
Slaughter Cattle receipts
49 head
▲ 5 vs last sale 44▼ 22 vs year ago 71 · −31.0%
Replacement Cattle receipts
11 head
▼ 2 vs last sale 13▼ 56 vs year ago 67 · −83.6%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves 3-5 higher some light steers 10-15 higher. Slaughter cows and bulls 3-7 higher. Sold 4 loads of weaned steers mostly black hides, First load 75 steers @ 670 lbs. $2.20, Second load 67 steers @ 771 lbs.$ 2.1675, load three 60 steers @ 858 lbs. $2.0525 and load four 54 steers @ 968 lbs. $ 1.9475. Also sold 255 steers on the board sale @ 650 lbs. $ 2.3350 with 2% shrink and ten cent slide.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $217.01/cwt on 323 head.
Average price
$217.01
323 head · 744 lb average
Value per head Derived
$1,615
Price × average weight ÷ 100
Grade differential Derived
−$496
per head · Medium and Large 2 over Medium and Large 1-2
$29.36/cwt at this weight
vs the market
−10.29
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2539236.141,27433
Medium and Large 3422233.3098310thin
Medium and Large 1636228.131,45097
Medium and Large 1-2856206.781,770183
One grade step is worth $29.36/cwt here — about −$496 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 sale323 hd
217.01
—
MS average12 barns · 1,339 hd
227.31
−10.29
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—Low1,456118.571,7265thin
CowsBoner 80-85%Average1,079104.361,12621
CowsBreaker 75-80%Average1,405100.001,4051thin
CowsLean 85-90%Average90778.697148thin

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)1,430$1,4501thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)980$1,3701thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,325$2,0002thin

Every lot

53 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 2283273.67/cwt267.00–280.007742
Steers—Medium and Large 1318310.25/cwt303.00–320.009873
Steers—Medium and Large 2320286.43/cwt285.00–288.009172
Steers—Medium and Large 3320258.00/cwt258.00–258.008261
Steers—Medium and Large 1363305.24/cwt298.00–313.001,1082
Steers—Medium and Large 2368287.02/cwt285.00–290.001,0564
Steers—Medium and Large 3375251.17/cwt240.00–263.009426
Steers—Medium and Large 3405222.00/cwt222.00–222.008991
Steers—Medium and Large 1435270.00/cwt270.00–270.001,1751
Steers—Medium and Large 2435238.41/cwt235.00–245.001,0373
Steers—Medium and Large 1487256.34/cwt255.00–257.001,2483
Steers—Medium and Large 1519254.60/cwt251.00–258.001,3215
Steers—Medium and Large 2529239.48/cwt232.00–245.001,2676
Steers—Medium and Large 2581239.59/cwt229.00–243.001,3924
Steers—Medium and Large 1-2610236.00/cwt236.00–236.001,4402
Steers—Medium and Large 3620173.00/cwt173.00–173.001,0732
Steers—Medium and Large 1625228.34/cwt226.00–229.001,4276
Steers—Medium and Large 2644205.00/cwt205.00–205.001,3206
Steers—Medium and Large 1670219.97/cwt218.00–220.001,47476
Steers—Medium and Large 2733194.62/cwt192.00–200.001,4273
Steers—Medium and Large 2753200.00/cwt200.00–200.001,5063
Steers—Medium and Large 1-2771217.00/cwt217.00–217.001,67367
Steers—Medium and Large 1820188.00/cwt188.00–188.001,5421
Steers—Medium and Large 1-2858205.00/cwt205.00–205.001,75960
Steers—Medium and Large 1-2968195.00/cwt195.00–195.001,88854
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 2370216.44/cwt210.00–221.008015
Heifers—Medium and Large 1418218.67/cwt215.00–221.009143
Heifers—Medium and Large 2430205.00/cwt205.00–205.008821
Heifers—Medium and Large 1473219.08/cwt216.00–225.001,0367
Heifers—Medium and Large 2480198.00/cwt198.00–198.009501
Heifers—Medium and Large 2505201.00/cwt201.00–201.001,0151
Heifers—Medium and Large 3510180.00/cwt180.00–180.009181
Heifers—Medium and Large 1515215.25/cwt214.00–217.001,1094
Heifers—Medium and Large 1560219.43/cwt210.00–221.001,2297
Heifers—Medium and Large 3565178.00/cwt178.00–178.001,0061
Heifers—Medium and Large 2570194.85/cwt190.00–200.001,1115
Heifers—Medium and Large 1605195.94/cwt190.00–201.001,18519
Heifers—Medium and Large 2645188.00/cwt188.00–188.001,2131
Heifers—Medium and Large 3665170.00/cwt170.00–170.001,1311
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 3485208.00/cwt208.00–208.001,0091
Bulls—Medium and Large 1490234.54/cwt231.00–238.001,1492
Bulls—Medium and Large 1519235.55/cwt231.00–238.001,2234
Bulls—Medium and Large 1610200.00/cwt200.00–200.001,2201
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,450120.92/cwt118.00–124.001,7533
Bulls——1,465115.05/cwt114.50–115.501,6852
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%87185.84/cwt80.00–90.007485
Cows—Lean 85-90%96766.76/cwt60.00–70.006463
Cows—Boner 80-85%97997.72/cwt94.00–100.509578
Cows—Boner 80-85%1,141108.45/cwt102.50–114.501,23713
Cows—Breaker 75-80%1,405100.00/cwt100.00–100.001,4051
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 19801,370.00/head1,370.00–1,370.001,3701
Bred Cows—Medium and Large 11,4301,450.00/head1,450.00–1,450.001,4501
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,3252,000.00/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.