Sale reports / Mississippi / Meridian Livestock Auction / 2023-08-14

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 14
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
378 head
▲ 145 vs last sale 233▼ 144 vs year ago 522 · −27.6%
Slaughter Cattle receipts
62 head
▲ 12 vs last sale 50▲ 24 vs year ago 38 · +63.2%
Replacement Cattle receipts
23 head
▲ 7 vs last sale 16▼ 10 vs year ago 33 · −30.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 higher and slaughter cows and bulls steady. Sold 79 head of black hided heifers weighing 630 lb. average @ $2.4080 per lb.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $228.95/cwt on 144 head.
Average price
$228.95
144 head · 600 lb average
Value per head Derived
$1,373
Price × average weight ÷ 100
Grade differential Derived
$429
per head · Medium and Large 1-2 over Medium and Large 3
$39.49/cwt at this weight
vs the market
+5.37
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2630241.001,51879
Medium and Large 1603216.261,30435
Medium and Large 2508215.851,09622
Medium and Large 3541201.511,0908thin
One grade step is worth $39.49/cwt here — about $429 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 sale144 hd
228.95
—
MS average13 barns · 1,431 hd
223.58
+5.37
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—Low1,507122.381,8448thin
CowsBoner 80-85%Average1,10899.151,09915
CowsLean 85-90%Very Low94682.7778316

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)Young (2-4 yrs)990$1,1901thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,078$1,1502thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)930$1,1132thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,125$1,0501thin

Every lot

70 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 · Steers27 lots · lightest first
Steers—Medium and Large 3325268.00/cwt268.00–268.008711
Steers—Medium and Large 1328297.87/cwt293.00–305.009775
Steers—Medium and Large 2330283.97/cwt283.00–285.009372
Steers—Medium and Large 2370280.00/cwt280.00–280.001,0361
Steers—Medium and Large 1375299.14/cwt293.00–303.001,1226
Steers—Medium and Large 3385275.00/cwt275.00–275.001,0591
Steers—Medium and Large 1417296.19/cwt290.00–300.001,2355
Steers—Medium and Large 2438274.97/cwt270.00–280.001,2044
Steers—Medium and Large 3475265.04/cwt258.00–268.001,2596
Steers—Medium and Large 2477275.41/cwt273.00–278.001,3143
Steers—Medium and Large 1530240.00/cwt240.00–240.001,2721
Steers—Medium and Large 2530233.00/cwt233.00–233.001,2351
Steers—Medium and Large 1-2536246.00/cwt246.00–246.001,3193
Steers—Medium and Large 1-2563249.00/cwt249.00–249.001,40211
Steers—Medium and Large 3573220.00/cwt220.00–220.001,2612
Steers—Medium and Large 2582235.00/cwt235.00–235.001,3686
Steers—Medium and Large 1589242.00/cwt242.00–242.001,4259
Steers—Medium and Large 1605230.00/cwt230.00–230.001,3921
Steers—Medium and Large 1-2627240.33/cwt238.00–242.001,50712
Steers—Medium and Large 1663229.00/cwt229.00–229.001,5183
Steers—Medium and Large 3670200.00/cwt200.00–200.001,3401
Steers—Medium and Large 2690222.98/cwt222.00–226.001,5394
Steers—Medium and Large 1710225.00/cwt225.00–225.001,5981
Steers—Medium and Large 2749220.00/cwt220.00–220.001,6488
Steers—Medium and Large 2750217.00/cwt217.00–217.001,6283
Steers—Medium and Large 1770224.00/cwt224.00–224.001,7251
Steers—Medium and Large 1805205.00/cwt205.00–205.001,6501
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 2333222.41/cwt220.00–225.007412
Heifers—Medium and Large 1383239.01/cwt238.00–240.009154
Heifers—Medium and Large 1405237.67/cwt235.00–240.009633
Heifers—Medium and Large 2407226.65/cwt222.00–230.009223
Heifers—Medium and Large 3440210.00/cwt210.00–210.009241
Heifers—Medium and Large 1464237.01/cwt234.00–238.001,1006
Heifers—Medium and Large 3465212.39/cwt209.00–216.009882
Heifers—Medium and Large 2474227.75/cwt220.00–231.001,0808
Heifers—Medium and Large 2518218.97/cwt218.00–220.001,1343
Heifers—Medium and Large 1546234.00/cwt234.00–234.001,2789
Heifers—Medium and Large 2573210.52/cwt209.00–212.001,2062
Heifers—Medium and Large 3574199.82/cwt190.00–216.001,1474
Heifers—Medium and Large 1580229.00/cwt229.00–229.001,3281
Heifers—Medium and Large 1612208.00/cwt208.00–208.001,2736
Heifers—Medium and Large 2620187.00/cwt184.00–190.001,1592
Heifers—Medium and Large 1-2630241.00/cwt241.00–241.001,51879
Heifers—Medium and Large 3660178.00/cwt178.00–178.001,1751
Heifers—Medium and Large 2710180.00/cwt180.00–180.001,2781
Heifers—Medium and Large 2845170.00/cwt170.00–170.001,4371
Heifers—Medium and Large 11,062150.00/cwt150.00–150.001,5935
Heifers—Medium and Large 11,105145.00/cwt145.00–145.001,6021
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1430255.59/cwt253.00–258.001,0992
Bulls—Medium and Large 2437236.60/cwt230.00–240.001,0343
Bulls—Medium and Large 3445220.00/cwt220.00–220.009791
Bulls—Medium and Large 1455248.00/cwt248.00–248.001,1281
Bulls—Medium and Large 2480240.00/cwt240.00–240.001,1521
Bulls—Medium and Large 2505190.00/cwt190.00–190.009601
Bulls—Medium and Large 2575198.00/cwt198.00–198.001,1393
Bulls—Medium and Large 1623186.68/cwt180.00–190.001,1633
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,115112.00/cwt112.00–112.001,2491
Bulls——1,313117.72/cwt117.00–118.501,5462
Bulls——1,510122.79/cwt120.00–125.501,8542
Bulls——1,765128.68/cwt126.00–133.002,2713
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%88270.54/cwt66.00–74.006223
Cows—Lean 85-90%90481.87/cwt78.00–86.007407
Cows—Boner 80-85%1,02496.79/cwt94.00–99.009917
Cows—Lean 85-90%1,02789.93/cwt88.00–93.009246
Cows—Boner 80-85%1,182101.21/cwt100.00–104.001,1968
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 29301,112.50/head1,075.00–1,150.001,1132
Bred Cows—Medium and Large 29551,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 29901,190.00/head1,190.00–1,190.001,1901
Bred Cows—Medium and Large 21,1251,050.00/head1,050.00–1,050.001,0501
Bred Cows—Medium and Large 11,2001,300.00/head1,300.00–1,300.001,3001

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.