Sale reports / Mississippi / Meridian Livestock Auction / 2023-06-26

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 26
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
356 head
▲ 154 vs last sale 202▼ 172 vs year ago 528 · −32.6%
Slaughter Cattle receipts
59 head
▼ 10 vs last sale 69▲ 6 vs year ago 53 · +11.3%
Replacement Cattle receipts
39 head
▼ 31 vs last sale 70▲ 20 vs year ago 19 · +105.3%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cows 2-4 higher. Reminder no sales next week in observance of Independence day.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $202.59/cwt on 85 head.
Average price
$202.59
85 head · 546 lb average
Value per head Derived
$1,106
Price × average weight ÷ 100
Grade differential Derived
$98
per head · Medium and Large 1 over Medium and Large 3
$40.23/cwt at this weight
vs the market
−8.83
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1509219.731,11828
Medium and Large 2562203.391,14335
Medium and Large 3568179.511,02022
One grade step is worth $40.23/cwt here — about $98 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 sale85 hd
202.59
—
MS average13 barns · 1,256 hd
211.42
−8.83
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—Low1,631115.561,8847thin
CowsBoner 80-85%Low1,169100.881,18016
CowsLean 85-90%Average1,03984.428778thin

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)980$1,3251thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,068$1,2402thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,114$1,1784thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,122$1,8336
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,306$1,57510

Every lot

67 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 2275240.00/cwt240.00–240.006601
Steers—Medium and Large 3305220.00/cwt220.00–220.006711
Steers—Medium and Large 2325245.00/cwt240.00–250.007962
Steers—Medium and Large 1330259.34/cwt258.00–260.008563
Steers—Medium and Large 2363247.61/cwt245.00–250.008993
Steers—Medium and Large 1395255.00/cwt255.00–255.001,0071
Steers—Medium and Large 1417249.70/cwt248.00–251.001,0413
Steers—Medium and Large 2425238.00/cwt238.00–238.001,0121
Steers—Medium and Large 3475220.00/cwt220.00–220.001,0451
Steers—Medium and Large 1488246.48/cwt245.00–248.001,2032
Steers—Medium and Large 1520241.81/cwt232.00–247.001,2573
Steers—Medium and Large 2520220.00/cwt220.00–220.001,1441
Steers—Medium and Large 1563230.00/cwt230.00–230.001,2952
Steers—Medium and Large 2565211.79/cwt210.00–220.001,19711
Steers—Medium and Large 1-2600240.00/cwt240.00–240.001,4408
Steers—Medium and Large 2607197.01/cwt190.00–201.001,1963
Steers—Medium and Large 1635217.52/cwt215.00–225.001,3814
Steers—Medium and Large 3680185.00/cwt185.00–185.001,2581
Steers—Medium and Large 1-2707210.00/cwt210.00–210.001,4858
Steers—Medium and Large 2770201.00/cwt201.00–201.001,5481
Steers—Medium and Large 1829197.00/cwt197.00–197.001,6335
Steers—Medium and Large 2900166.00/cwt166.00–166.001,4941
Steers—Medium and Large 21,120122.00/cwt122.00–122.001,3661
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 3318209.72/cwt205.00–215.006672
Heifers—Medium and Large 2335220.00/cwt220.00–220.007371
Heifers—Medium and Large 2370228.51/cwt228.00–229.008452
Heifers—Medium and Large 3375206.00/cwt206.00–206.007731
Heifers—Medium and Large 2413211.42/cwt207.00–216.008732
Heifers—Medium and Large 1424228.51/cwt220.00–232.009699
Heifers—Medium and Large 3468182.00/cwt182.00–182.008524
Heifers—Medium and Large 1477224.23/cwt220.00–234.001,0709
Heifers—Medium and Large 2485206.45/cwt203.00–207.001,0017
Heifers—Medium and Large 1515223.88/cwt218.00–230.001,1532
Heifers—Medium and Large 2536209.60/cwt208.00–211.001,1235
Heifers—Medium and Large 3545193.00/cwt193.00–193.001,0521
Heifers—Medium and Large 2561207.91/cwt200.00–211.001,16610
Heifers—Medium and Large 3618175.14/cwt170.00–185.001,08212
Heifers—Medium and Large 1633204.03/cwt200.00–207.001,2926
Heifers—Medium and Large 1653202.99/cwt200.00–206.001,3262
Heifers—Medium and Large 3670181.00/cwt181.00–181.001,2131
Heifers—Medium and Large 2675192.00/cwt192.00–192.001,2961
Heifers—Medium and Large 2734183.91/cwt180.00–190.001,3505
Heifers—Medium and Large 2785180.00/cwt180.00–180.001,4131
Heifers—Medium and Large 2955155.00/cwt155.00–155.001,4801
Heifers—Medium and Large 3990120.00/cwt120.00–120.001,1881
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 2423222.88/cwt220.00–226.009432
Bulls—Medium and Large 1430242.52/cwt242.00–243.001,0432
Bulls—Medium and Large 3438208.93/cwt205.00–213.009152
Bulls—Medium and Large 3465200.00/cwt200.00–200.009301
Bulls—Medium and Large 1470234.00/cwt234.00–234.001,1001
Bulls—Medium and Large 1505231.50/cwt228.00–235.001,1692
Bulls—Medium and Large 3578179.98/cwt175.00–185.001,0402
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,425112.50/cwt112.50–112.501,6031
Bulls——1,665116.07/cwt113.00–117.501,9336
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%95374.42/cwt72.50–76.007092
Cows—Lean 85-90%1,06887.75/cwt82.00–90.009376
Cows—Boner 80-85%1,08095.05/cwt92.50–98.001,0276
Cows—Boner 80-85%1,223104.37/cwt100.00–108.001,27610
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 19801,325.00/head1,325.00–1,325.001,3251
Bred Cows—Medium and Large 19851,300.00/head1,300.00–1,300.001,3001
Bred Cows—Medium and Large 21,0981,133.69/head1,100.00–1,150.001,1343
Bred Cows—Medium and Large 21,1501,180.00/head1,180.00–1,180.001,1801
Bred Cows—Medium and Large 11,1601,310.00/head1,310.00–1,310.001,3101
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,0251,850.00/head1,850.00–1,850.001,8504
Cow-Calf Pairs—Medium and Large 11,1951,400.00/head1,400.00–1,400.001,4002
Cow-Calf Pairs—Medium and Large 11,3151,800.00/head1,800.00–1,800.001,8002
Cow-Calf Pairs—Medium and Large 11,3341,619.32/head1,480.00–1,800.001,6198

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.