Sale reports / Mississippi / Meridian Livestock Auction / 2023-07-10

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 10
● Final61 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
205 head
▼ 151 vs last sale 356▼ 186 vs year ago 391 · −47.6%
Slaughter Cattle receipts
77 head
▲ 18 vs last sale 59▼ 27 vs year ago 104 · −26.0%
Replacement Cattle receipts
51 head
▲ 12 vs last sale 39▲ 18 vs year ago 33 · +54.5%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were mixed and slaughter cows and bulls were 5-7 higher.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $201.46/cwt on 48 head.
Average price
$201.46
48 head · 584 lb average
Value per head Derived
$1,176
Price × average weight ÷ 100
Grade differential Derived
$85
per head · Medium and Large 2 over Medium and Large 3
$17.12/cwt at this weight
vs the market
−12.38
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2509208.681,06221
Medium and Large 1687197.351,35620
Medium and Large 3510191.569787thin
One grade step is worth $17.12/cwt here — about $85 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 sale48 hd
201.46
—
MS average7 barns · 731 hd
213.84
−12.38
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—High1,634116.941,9104thin
CowsBoner 80-85%Low1,291107.871,39325
CowsLean 85-90%Average1,02487.7789910

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)1,260$1,3593thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,253$1,3312thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,090$1,2601thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,115$1,2001thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)960$1,1601thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,275$1,96210
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,175$1,6002thin

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 · Steers15 lots · lightest first
Steers—Medium and Large 1330277.00/cwt270.00–283.009144
Steers—Medium and Large 2338263.42/cwt260.00–267.008902
Steers—Medium and Large 1372273.37/cwt270.00–278.001,0173
Steers—Medium and Large 2382264.69/cwt263.00–266.001,0113
Steers—Medium and Large 1432263.39/cwt260.00–268.001,1383
Steers—Medium and Large 2440258.00/cwt258.00–258.001,1351
Steers—Medium and Large 1470265.05/cwt260.00–270.001,2462
Steers—Medium and Large 3473241.59/cwt238.00–245.001,1432
Steers—Medium and Large 1515223.49/cwt222.00–225.001,1512
Steers—Medium and Large 2530213.00/cwt213.00–213.001,1291
Steers—Medium and Large 1562227.11/cwt227.00–228.001,2769
Steers—Medium and Large 1626219.97/cwt219.00–223.001,3774
Steers—Medium and Large 2640208.00/cwt208.00–208.001,3311
Steers—Medium and Large 2705201.49/cwt200.00–203.001,4212
Steers—Medium and Large 2765206.37/cwt200.00–213.001,5792
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 2335210.00/cwt210.00–210.007041
Heifers—Medium and Large 3355200.00/cwt200.00–200.007101
Heifers—Medium and Large 2380217.57/cwt215.00–220.008272
Heifers—Medium and Large 1413217.55/cwt215.00–220.008982
Heifers—Medium and Large 3423185.00/cwt185.00–185.007832
Heifers—Medium and Large 2433211.49/cwt210.00–213.009162
Heifers—Medium and Large 2466207.06/cwt203.00–210.009654
Heifers—Medium and Large 1487217.66/cwt216.00–218.001,0606
Heifers—Medium and Large 3505198.00/cwt198.00–198.001,0001
Heifers—Medium and Large 2506207.58/cwt205.00–215.001,0506
Heifers—Medium and Large 1565220.00/cwt220.00–220.001,2431
Heifers—Medium and Large 3573196.47/cwt195.00–198.001,1262
Heifers—Medium and Large 2580212.52/cwt210.00–215.001,2332
Heifers—Medium and Large 2623205.18/cwt200.00–210.001,2782
Heifers—Medium and Large 1627217.67/cwt213.00–220.001,3653
Heifers—Medium and Large 1675218.00/cwt218.00–218.001,4721
Heifers—Medium and Large 2680205.00/cwt205.00–205.001,3941
Heifers—Medium and Large 3720180.00/cwt180.00–180.001,2961
Heifers—Medium and Large 2745200.00/cwt200.00–200.001,4901
Heifers—Medium and Large 1755215.00/cwt215.00–215.001,6231
Heifers—Medium and Large 11,020150.00/cwt150.00–150.001,5306
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 1435260.00/cwt260.00–260.001,1311
Bulls—Medium and Large 1467251.61/cwt250.00–255.001,1753
Bulls—Medium and Large 2475236.50/cwt235.00–238.001,1232
Bulls—Medium and Large 3485220.00/cwt220.00–220.001,0671
Bulls—Medium and Large 1523200.00/cwt200.00–200.001,0462
Bulls—Medium and Large 1583206.67/cwt200.00–212.001,2053
Bulls—Medium and Large 2590193.00/cwt193.00–193.001,1391
Bulls—Medium and Large 2600190.00/cwt190.00–190.001,1401
Bulls—Medium and Large 1613212.51/cwt210.00–215.001,3032
Bulls—Medium and Large 2660188.00/cwt188.00–188.001,2411
Bulls—Medium and Large 1665210.00/cwt210.00–210.001,3971
Bulls—Medium and Large 2733184.01/cwt180.00–188.001,3492
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,453112.58/cwt111.00–114.001,6363
Bulls——2,175130.00/cwt130.00–130.002,8281
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%78079.63/cwt78.00–81.006212
Cows—Lean 85-90%1,08589.81/cwt86.00–93.009748
Cows—Boner 80-85%1,159101.32/cwt96.50–106.001,17410
Cows—Boner 80-85%1,379112.24/cwt108.50–118.501,54815
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 19601,160.00/head1,160.00–1,160.001,1601
Bred Cows—Medium and Large 11,0901,260.00/head1,260.00–1,260.001,2601
Bred Cows—Medium and Large 11,1151,200.00/head1,200.00–1,200.001,2001
Bred Cows—Medium and Large 11,2531,331.38/head1,240.00–1,450.001,3312
Bred Cows—Medium and Large 11,2601,359.23/head1,320.00–1,410.001,3593
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1751,600.00/head1,600.00–1,600.001,6002
Cow-Calf Pairs—Medium and Large 11,2751,962.11/head1,860.00–2,125.001,96210

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.