Sale reports / Mississippi / Meridian Livestock Auction / 2023-07-24

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 24
● Final63 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
212 head
▼ 204 vs last sale 416▼ 94 vs year ago 306 · −30.7%
Slaughter Cattle receipts
58 head
▲ 17 vs last sale 41▲ 31 vs year ago 27 · +114.8%
Replacement Cattle receipts
18 head
▼ 31 vs last sale 49▼ 1 vs year ago 19 · −5.3%
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $228.45/cwt on 50 head.
Average price
$228.45
50 head · 580 lb average
Value per head Derived
$1,324
Price × average weight ÷ 100
Grade differential Derived
−$257
per head · Medium and Large 3 over Medium and Large 2
$5.21/cwt at this weight
vs the market
−15.64
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3439232.281,0217thin
Medium and Large 1677229.251,55115thin
Medium and Large 2563227.071,27828
One grade step is worth $5.21/cwt here — about −$257 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 sale50 hd
228.45
—
MS average12 barns · 1,030 hd
244.09
−15.64
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—Low1,665119.091,9837thin
CowsBoner 80-85%Low1,28496.831,24312
CowsLean 85-90%Low98582.5581316

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)Middle Aged (5-8 yrs)1,058$1,3402thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,270$1,3251thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,135$1,2872thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)900$1,1001thin
Bred Heifers1st/2nd Stage (1-6 mo)(<2 yrs)1,005$1,4201thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,025$1,4002thin

Every lot

63 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 · Steers20 lots · lightest first
Steers—Medium and Large 3313255.48/cwt253.00–258.008002
Steers—Medium and Large 2323264.05/cwt263.00–265.008532
Steers—Medium and Large 2388263.04/cwt261.00–265.001,0212
Steers—Medium and Large 3390253.00/cwt253.00–253.009871
Steers—Medium and Large 1412264.92/cwt260.00–270.001,0913
Steers—Medium and Large 2425255.00/cwt255.00–255.001,0841
Steers—Medium and Large 3425219.49/cwt219.00–220.009332
Steers—Medium and Large 2460248.00/cwt248.00–248.001,1411
Steers—Medium and Large 1480260.00/cwt260.00–260.001,2481
Steers—Medium and Large 1528239.64/cwt238.00–242.001,2653
Steers—Medium and Large 2533226.83/cwt220.00–233.001,2096
Steers—Medium and Large 3575218.00/cwt218.00–218.001,2541
Steers—Medium and Large 1580235.00/cwt235.00–235.001,3631
Steers—Medium and Large 2583222.64/cwt220.00–225.001,2983
Steers—Medium and Large 1620225.00/cwt225.00–225.001,3952
Steers—Medium and Large 2620217.52/cwt213.00–221.001,3497
Steers—Medium and Large 3635205.00/cwt205.00–205.001,3021
Steers—Medium and Large 2662214.68/cwt214.00–216.001,4213
Steers—Medium and Large 2725201.73/cwt195.00–208.001,4633
Steers—Medium and Large 11,006196.00/cwt196.00–196.001,9725
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 2325235.08/cwt230.00–240.007642
Heifers—Medium and Large 2370237.11/cwt235.00–239.008772
Heifers—Medium and Large 1421239.47/cwt238.00–243.001,0086
Heifers—Medium and Large 3425215.00/cwt215.00–215.009141
Heifers—Medium and Large 2433233.85/cwt230.00–235.001,0136
Heifers—Medium and Large 3453208.95/cwt200.00–218.009472
Heifers—Medium and Large 2472234.02/cwt232.00–235.001,1055
Heifers—Medium and Large 1490240.00/cwt240.00–240.001,1761
Heifers—Medium and Large 1505231.00/cwt230.00–232.001,1672
Heifers—Medium and Large 2523222.30/cwt218.00–225.001,1633
Heifers—Medium and Large 3545203.00/cwt203.00–203.001,1061
Heifers—Medium and Large 2660185.00/cwt185.00–185.001,2211
Heifers—Medium and Large 2728175.12/cwt170.00–180.001,2752
Heifers—Medium and Large 2755175.00/cwt175.00–175.001,3211
Heifers—Medium and Large 1845175.00/cwt175.00–175.001,4791
Heifers—Medium and Large 1855172.49/cwt171.00–174.001,4752
Heifers—Medium and Large 1975168.00/cwt168.00–168.001,6381
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 2405225.00/cwt225.00–225.009111
Bulls—Medium and Large 1440250.38/cwt243.00–255.001,1023
Bulls—Medium and Large 3463219.03/cwt218.00–220.001,0142
Bulls—Medium and Large 1475249.01/cwt248.00–250.001,1832
Bulls—Medium and Large 2479231.97/cwt226.00–236.001,1115
Bulls—Medium and Large 1516220.48/cwt217.00–225.001,1384
Bulls—Medium and Large 2530200.00/cwt200.00–200.001,0601
Bulls—Medium and Large 3590188.00/cwt188.00–188.001,1091
Bulls—Medium and Large 1620198.00/cwt198.00–198.001,2281
Bulls—Medium and Large 2645175.00/cwt175.00–175.001,1291
Bulls—Medium and Large 2658180.50/cwt180.00–181.001,1882
Bulls—Medium and Large 3780168.00/cwt168.00–168.001,3101
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,425111.00/cwt111.00–111.001,5821
Bulls——1,693122.54/cwt119.00–126.002,0754
Bulls——1,728116.24/cwt116.00–116.502,0092
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%90560.95/cwt60.00–62.005522
Cows—Lean 85-90%95880.43/cwt76.00–83.007714
Cows—Lean 85-90%1,01287.71/cwt84.00–92.0088810
Cows—Boner 80-85%1,28394.04/cwt92.00–96.001,2078
Cows—Boner 80-85%1,285102.40/cwt97.00–107.001,3164
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 11,0051,420.00/head1,420.00–1,420.001,4201
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 29001,100.00/head1,100.00–1,100.001,1001
Bred Cows—Medium and Large 11,0581,339.86/head1,320.00–1,360.001,3402
Bred Cows—Medium and Large 11,1351,286.63/head1,200.00–1,390.001,2872
Bred Cows—Medium and Large 11,2701,325.00/head1,325.00–1,325.001,3251
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,0251,400.00/head1,400.00–1,400.001,4002

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.