Sale reports / Mississippi / Meridian Livestock Auction / 2023-07-31

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 31
● Final65 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
252 head
▲ 40 vs last sale 212▲ 76 vs year ago 176 · +43.2%
Slaughter Cattle receipts
44 head
▼ 14 vs last sale 58▲ 15 vs year ago 29 · +51.7%
Replacement Cattle receipts
12 head
▼ 6 vs last sale 18▲ 5 vs year ago 7 · +71.4%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were a good steady market. Slaughter cows and bulls were steady as well.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $242.07/cwt on 79 head.
Average price
$242.07
79 head · 536 lb average
Value per head Derived
$1,297
Price × average weight ÷ 100
Grade differential Derived
$203
per head · Medium and Large 1-2 over Medium and Large 2
$18.31/cwt at this weight
vs the market
−5.36
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2603250.001,5087thin
Medium and Large 1544249.111,35424
Medium and Large 3465245.361,14120
Medium and Large 2563231.691,30428
One grade step is worth $18.31/cwt here — about $203 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 sale79 hd
242.07
—
MS average13 barns · 866 hd
247.43
−5.36
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—Average1,597117.941,8836thin
CowsBoner 80-85%Average1,123101.681,14214
CowsBreaker 75-80%Average1,57294.191,4813thin
CowsLean 85-90%Average95882.5579110

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 Stage (1-3 mo)Young (2-4 yrs)875$9001thin
Cow-Calf Pairs1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,175$1,4502thin

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 · Steers23 lots · lightest first
Steers—Medium and Large 3305265.00/cwt265.00–265.008081
Steers—Medium and Large 1325314.69/cwt310.00–320.001,0232
Steers—Medium and Large 2340288.00/cwt288.00–288.009791
Steers—Medium and Large 3365263.00/cwt263.00–263.009601
Steers—Medium and Large 1385295.00/cwt295.00–295.001,1361
Steers—Medium and Large 2385283.00/cwt283.00–283.001,0901
Steers—Medium and Large 3405280.00/cwt280.00–280.001,1341
Steers—Medium and Large 1418280.18/cwt275.00–283.001,1716
Steers—Medium and Large 2419267.04/cwt260.00–273.001,1196
Steers—Medium and Large 1450278.00/cwt278.00–278.001,2511
Steers—Medium and Large 3468248.15/cwt241.00–256.001,16114
Steers—Medium and Large 2480263.00/cwt263.00–263.001,2621
Steers—Medium and Large 3510240.00/cwt240.00–240.001,2241
Steers—Medium and Large 1525239.00/cwt239.00–239.001,2551
Steers—Medium and Large 2525230.00/cwt230.00–230.001,2082
Steers—Medium and Large 3555210.00/cwt210.00–210.001,1661
Steers—Medium and Large 2573225.85/cwt220.00–230.001,2946
Steers—Medium and Large 1-2603250.00/cwt250.00–250.001,5087
Steers—Medium and Large 3610175.00/cwt175.00–175.001,0681
Steers—Medium and Large 2620198.52/cwt196.00–200.001,2314
Steers—Medium and Large 1621223.28/cwt217.00–229.001,3878
Steers—Medium and Large 1712214.00/cwt213.00–215.001,5245
Steers—Medium and Large 2725205.99/cwt200.00–207.001,4937
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 2320226.00/cwt226.00–226.007231
Heifers—Medium and Large 1353259.96/cwt255.00–265.009182
Heifers—Medium and Large 3355223.00/cwt223.00–223.007921
Heifers—Medium and Large 2365232.17/cwt225.00–238.008473
Heifers—Medium and Large 1419228.74/cwt226.00–232.009584
Heifers—Medium and Large 3433200.00/cwt200.00–200.008662
Heifers—Medium and Large 2435219.98/cwt218.00–222.009572
Heifers—Medium and Large 1455223.00/cwt223.00–223.001,0151
Heifers—Medium and Large 2479219.36/cwt218.00–223.001,0515
Heifers—Medium and Large 1505219.00/cwt214.00–224.001,1062
Heifers—Medium and Large 3510195.00/cwt195.00–195.009951
Heifers—Medium and Large 2530202.32/cwt194.00–210.001,0724
Heifers—Medium and Large 3577191.36/cwt189.00–195.001,1043
Heifers—Medium and Large 2578204.89/cwt200.00–210.001,1842
Heifers—Medium and Large 2613191.66/cwt190.00–194.001,1753
Heifers—Medium and Large 1625208.00/cwt208.00–208.001,3005
Heifers—Medium and Large 3630175.00/cwt175.00–175.001,1031
Heifers—Medium and Large 2650185.00/cwt185.00–185.001,2031
Heifers—Medium and Large 1721200.00/cwt200.00–200.001,44210
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 2410228.00/cwt228.00–228.009351
Bulls—Medium and Large 1423251.48/cwt248.00–255.001,0642
Bulls—Medium and Large 2463230.49/cwt228.00–233.001,0672
Bulls—Medium and Large 3468210.00/cwt210.00–210.009832
Bulls—Medium and Large 3505180.00/cwt180.00–180.009091
Bulls—Medium and Large 2520200.00/cwt200.00–200.001,0401
Bulls—Medium and Large 1545204.00/cwt204.00–204.001,1121
Bulls—Medium and Large 1550208.00/cwt208.00–208.001,1441
Bulls—Medium and Large 2590198.00/cwt198.00–198.001,1681
Bulls—Medium and Large 2615188.00/cwt188.00–188.001,1561
Bulls—Medium and Large 3620190.00/cwt190.00–190.001,1781
Bulls—Medium and Large 1627196.60/cwt190.00–205.001,2335
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,275101.00/cwt101.00–101.001,2881
Bulls——1,405116.00/cwt116.00–116.001,6301
Bulls——1,725122.66/cwt122.00–123.002,1164
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%93378.04/cwt73.00–82.507284
Cows—Lean 85-90%97188.67/cwt86.00–90.508615
Cows—Lean 85-90%99570.00/cwt70.00–70.006971
Cows—Boner 80-85%1,07397.50/cwt93.00–103.001,0469
Cows—Boner 80-85%1,212109.21/cwt104.00–115.001,3245
Cows—Breaker 75-80%1,57294.19/cwt93.00–95.501,4813
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 2875900.00/head900.00–900.009001
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,1751,450.00/head1,450.00–1,450.001,4502

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.