Sale reports / Mississippi / Meridian Livestock Auction / 2023-06-19

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 19
● Final56 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
202 head
▼ 138 vs last sale 340▲ 72 vs year ago 130 · +55.4%
Slaughter Cattle receipts
69 head
▼ 5 vs last sale 74▲ 32 vs year ago 37 · +86.5%
Replacement Cattle receipts
70 head
▲ 54 vs last sale 16▲ 46 vs year ago 24 · +191.7%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cows were 2-3 lower and bulls steady.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $230.12/cwt on 61 head.
Average price
$230.12
61 head · 553 lb average
Value per head Derived
$1,273
Price × average weight ÷ 100
Grade differential Derived
−$258
per head · Medium and Large 2 over Medium and Large 1
$11.76/cwt at this weight
vs the market
−10.87
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2500237.011,18523
Medium and Large 3491227.141,11414thin
Medium and Large 1641225.261,44324
One grade step is worth $11.76/cwt here — about −$258 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 sale61 hd
230.12
—
MS average13 barns · 969 hd
240.99
−10.87
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—Average1,715112.281,9265thin
CowsBoner 80-85%Average1,32196.011,2686thin
CowsLean 85-90%Low90776.2769219

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)Middle Aged (5-8 yrs)1,097$1,0693thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)825$8001thin
Cow-Calf Pairs1st Stage (1-3 mo)Young (2-4 yrs)1,320$1,7502thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,051$1,2328
Cow-Calf Pairs1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,045$1,1502thin

Every lot

56 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 · Steers23 lots · lightest first
Steers—Medium and Large 2240245.00/cwt245.00–245.005881
Steers—Medium and Large 1305283.00/cwt283.00–283.008631
Steers—Medium and Large 3310241.52/cwt240.00–243.007492
Steers—Medium and Large 2315250.00/cwt250.00–250.007881
Steers—Medium and Large 2370255.27/cwt248.00–263.009447
Steers—Medium and Large 2415253.00/cwt253.00–253.001,0501
Steers—Medium and Large 3421240.48/cwt240.00–242.001,0124
Steers—Medium and Large 3463236.04/cwt230.00–240.001,0933
Steers—Medium and Large 1468270.00/cwt270.00–270.001,2642
Steers—Medium and Large 2477252.06/cwt248.00–256.001,2023
Steers—Medium and Large 1525245.10/cwt240.00–250.001,2872
Steers—Medium and Large 2525233.09/cwt230.00–239.001,2243
Steers—Medium and Large 3540220.00/cwt220.00–220.001,1881
Steers—Medium and Large 2581237.00/cwt237.00–237.001,3773
Steers—Medium and Large 3590220.45/cwt215.00–226.001,3012
Steers—Medium and Large 1610223.00/cwt223.00–223.001,3601
Steers—Medium and Large 1693215.00/cwt215.00–215.001,49018
Steers—Medium and Large 3695194.00/cwt194.00–194.001,3481
Steers—Medium and Large 2730186.00/cwt186.00–186.001,3581
Steers—Medium and Large 3760172.00/cwt172.00–172.001,3071
Steers—Medium and Large 2765193.00/cwt193.00–193.001,4761
Steers—Medium and Large 2845182.00/cwt182.00–182.001,5381
Steers—Medium and Large 2850189.00/cwt189.00–189.001,6071
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 3313202.60/cwt200.00–205.006342
Heifers—Medium and Large 3360190.00/cwt190.00–190.006841
Heifers—Medium and Large 2370218.41/cwt215.00–222.008082
Heifers—Medium and Large 2415210.44/cwt208.00–213.008732
Heifers—Medium and Large 1434224.92/cwt219.00–233.009765
Heifers—Medium and Large 3440190.00/cwt190.00–190.008361
Heifers—Medium and Large 2483211.44/cwt209.00–214.001,0212
Heifers—Medium and Large 2530198.51/cwt198.00–199.001,0522
Heifers—Medium and Large 1540211.00/cwt211.00–211.001,1391
Heifers—Medium and Large 1565213.92/cwt206.00–216.001,20912
Heifers—Medium and Large 2575194.52/cwt191.00–200.001,1184
Heifers—Medium and Large 3585180.00/cwt180.00–180.001,0531
Heifers—Medium and Large 2607184.33/cwt184.00–185.001,1193
Heifers—Medium and Large 1-2670189.00/cwt189.00–189.001,26621
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1423249.52/cwt249.00–250.001,0552
Bulls—Medium and Large 3470223.00/cwt223.00–223.001,0481
Bulls—Medium and Large 2520197.98/cwt196.00–200.001,0292
Bulls—Medium and Large 1620183.00/cwt183.00–183.001,1351
Bulls—Medium and Large 1680180.00/cwt180.00–180.001,2241
Bulls—Medium and Large 2825170.00/cwt170.00–170.001,4031
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,673103.55/cwt102.00–105.001,7322
Bulls——1,743118.10/cwt116.00–121.002,0583
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%77974.19/cwt70.00–78.005787
Cows—Lean 85-90%78163.88/cwt62.00–68.004994
Cows—Lean 85-90%1,08384.29/cwt80.00–89.009138
Cows—Boner 80-85%1,32196.01/cwt95.00–100.001,2686
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 29651,125.00/head1,125.00–1,125.001,1252
Cow-Calf Pairs—Medium and Large 21,0201,152.45/head1,050.00–1,250.001,1524
Cow-Calf Pairs—Medium and Large 21,0451,150.00/head1,150.00–1,150.001,1502
Cow-Calf Pairs—Medium and Large 11,2001,500.00/head1,500.00–1,500.001,5002
Cow-Calf Pairs—Medium and Large 11,3201,750.00/head1,750.00–1,750.001,7502
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 2825800.00/head800.00–800.008001
Bred Cows—Medium and Large 21,0971,069.33/head1,040.00–1,110.001,0693

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.