Sale reports / Mississippi / Meridian Livestock Auction / 2023-07-17

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 17
● Final65 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
416 head
▲ 211 vs last sale 205▲ 127 vs year ago 289 · +43.9%
Slaughter Cattle receipts
41 head
▼ 36 vs last sale 77▲ 1 vs year ago 40 · +2.5%
Replacement Cattle receipts
49 head
▼ 2 vs last sale 51▲ 32 vs year ago 17 · +188.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cows and bulls were a little cheaper.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $258.71/cwt on 157 head.
Average price
$258.71
157 head · 556 lb average
Value per head Derived
$1,438
Price × average weight ÷ 100
Grade differential Derived
$137
per head · Medium and Large 1 over Medium and Large 3
$32.54/cwt at this weight
vs the market
+15.60
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1454268.541,21913thin
Medium and Large 1-2575261.131,502121
Medium and Large 2522241.131,25820
Medium and Large 3458236.001,0823thin
One grade step is worth $32.54/cwt here — about $137 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 sale157 hd
258.71
—
MS average13 barns · 1,157 hd
243.12
+15.60
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—Average1,617109.971,7783thin
CowsBoner 80-85%Low1,26798.341,24611
CowsBreaker 75-80%Average1,44887.601,2685thin
CowsLean 85-90%Low98181.828029thin

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 Stage (4-6 mo)Young (2-4 yrs)1,320$1,3501thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,050$1,3001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,310$1,2122thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,165$1,1501thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,142$1,1443thin

Every lot

65 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 2280270.00/cwt270.00–270.007562
Steers—Medium and Large 3310243.00/cwt243.00–243.007531
Steers—Medium and Large 1318290.00/cwt290.00–290.009223
Steers—Medium and Large 3370255.00/cwt255.00–255.009441
Steers—Medium and Large 1375281.48/cwt280.00–283.001,0562
Steers—Medium and Large 2380272.30/cwt265.00–278.001,0355
Steers—Medium and Large 2415253.00/cwt253.00–253.001,0501
Steers—Medium and Large 1425270.00/cwt270.00–270.001,1481
Steers—Medium and Large 1468270.00/cwt270.00–270.001,2644
Steers—Medium and Large 1-2489275.28/cwt275.00–276.001,34614
Steers—Medium and Large 1-2540266.37/cwt260.00–269.001,43830
Steers—Medium and Large 2562228.00/cwt228.00–228.001,2812
Steers—Medium and Large 1-2567266.84/cwt266.00–270.001,51347
Steers—Medium and Large 1590248.00/cwt248.00–248.001,4631
Steers—Medium and Large 1-2607245.00/cwt245.00–245.001,4872
Steers—Medium and Large 1635230.00/cwt230.00–230.001,4611
Steers—Medium and Large 2636220.43/cwt218.00–225.001,4027
Steers—Medium and Large 2660223.00/cwt223.00–223.001,4723
Steers—Medium and Large 1-2667240.00/cwt240.00–240.001,60128
Steers—Medium and Large 1675230.00/cwt230.00–230.001,5531
Steers—Medium and Large 3695210.00/cwt210.00–210.001,4601
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 2320230.00/cwt230.00–230.007361
Heifers—Medium and Large 1335253.00/cwt253.00–253.008481
Heifers—Medium and Large 1377247.02/cwt245.00–248.009316
Heifers—Medium and Large 2383240.04/cwt238.00–242.009192
Heifers—Medium and Large 3405190.00/cwt190.00–190.007701
Heifers—Medium and Large 2412235.79/cwt233.00–239.009714
Heifers—Medium and Large 1433244.86/cwt240.00–250.001,0602
Heifers—Medium and Large 1458244.03/cwt241.00–250.001,11814
Heifers—Medium and Large 3463202.13/cwt193.00–220.009363
Heifers—Medium and Large 2478238.01/cwt237.00–239.001,1382
Heifers—Medium and Large 1513232.28/cwt229.00–238.001,1923
Heifers—Medium and Large 2518218.98/cwt218.00–220.001,1342
Heifers—Medium and Large 3530204.91/cwt200.00–210.001,0862
Heifers—Medium and Large 1-2551250.00/cwt250.00–250.001,37816
Heifers—Medium and Large 2560220.00/cwt220.00–220.001,2321
Heifers—Medium and Large 1574234.00/cwt234.00–234.001,34332
Heifers—Medium and Large 1620218.00/cwt218.00–218.001,3521
Heifers—Medium and Large 2625200.00/cwt200.00–200.001,25011
Heifers—Medium and Large 1-2646230.00/cwt230.00–230.001,48630
Heifers—Medium and Large 1808180.00/cwt180.00–180.001,4542
Heifers—Medium and Large 11,050150.00/cwt150.00–150.001,5754
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1423268.21/cwt263.00–275.001,1355
Bulls—Medium and Large 3435220.00/cwt220.00–220.009571
Bulls—Medium and Large 2440253.36/cwt250.00–259.001,1153
Bulls—Medium and Large 1455265.00/cwt265.00–265.001,2062
Bulls—Medium and Large 3468225.19/cwt220.00–230.001,0542
Bulls—Medium and Large 2490255.00/cwt255.00–255.001,2501
Bulls—Medium and Large 3515207.00/cwt207.00–207.001,0661
Bulls—Medium and Large 1535220.00/cwt220.00–220.001,1771
Bulls—Medium and Large 3585200.00/cwt200.00–200.001,1701
Bulls—Medium and Large 3635175.00/cwt175.00–175.001,1111
Bulls—Medium and Large 3715175.00/cwt175.00–175.001,2511
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,615106.46/cwt106.00–107.001,7192
Bulls——1,620117.00/cwt117.00–117.001,8951
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%91071.33/cwt68.00–75.006493
Cows—Lean 85-90%1,01687.07/cwt85.00–89.508856
Cows—Boner 80-85%1,24695.31/cwt92.50–97.001,1886
Cows—Boner 80-85%1,292101.98/cwt98.00–108.001,3185
Cows—Breaker 75-80%1,44887.60/cwt82.00–92.001,2685
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 11,0501,300.00/head1,300.00–1,300.001,3001
Bred Cows—Medium and Large 11,1421,144.01/head1,100.00–1,170.001,1443
Bred Cows—Medium and Large 11,1651,150.00/head1,150.00–1,150.001,1501
Bred Cows—Medium and Large 11,3101,211.89/head1,110.00–1,300.001,2122
Bred Cows—Medium and Large 11,3201,350.00/head1,350.00–1,350.001,3501

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.