Sale reports / Mississippi / Meridian Livestock Auction / 2023-08-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 21
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
319 head
▼ 59 vs last sale 378▼ 54 vs year ago 373 · −14.5%
Slaughter Cattle receipts
68 head
▲ 6 vs last sale 62▲ 15 vs year ago 53 · +28.3%
Replacement Cattle receipts
67 head
▲ 44 vs last sale 23▲ 49 vs year ago 18 · +272.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-5 lower. Slaughter cows and bulls were 2-5 lower 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 $232.46/cwt on 74 head.
Average price
$232.46
74 head · 594 lb average
Value per head Derived
$1,381
Price × average weight ÷ 100
Grade differential Derived
−$302
per head · Medium and Large 1 over Medium and Large 1-2
$29.50/cwt at this weight
vs the market
−11.00
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1497249.321,23916thin
Medium and Large 2549237.761,30624
Medium and Large 3559224.471,2547thin
Medium and Large 1-2701219.811,54027
One grade step is worth $29.50/cwt here — about −$302 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 sale74 hd
232.46
—
MS average13 barns · 1,056 hd
243.45
−11.00
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—Low1,408109.751,5452thin
CowsBoner 80-85%Average1,23096.081,18219
CowsBreaker 75-80%Average1,40289.771,2593thin
CowsLean 85-90%Average94179.1874515

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)Middle Aged (5-8 yrs)952$1,2144thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,055$1,1934thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,028$1,1862thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)930$1,0613thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,005$1,0501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)915$8501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,303$1,5834thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,170$1,3802thin

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 · Steers23 lots · lightest first
Steers—Medium and Large 1305280.00/cwt280.00–280.008541
Steers—Medium and Large 3315255.00/cwt255.00–255.008031
Steers—Medium and Large 2325270.00/cwt270.00–270.008782
Steers—Medium and Large 1350273.00/cwt273.00–273.009561
Steers—Medium and Large 2372265.66/cwt260.00–270.009885
Steers—Medium and Large 1414266.97/cwt260.00–270.001,1054
Steers—Medium and Large 2430253.00/cwt253.00–253.001,0881
Steers—Medium and Large 2460256.00/cwt256.00–256.001,1781
Steers—Medium and Large 3480248.02/cwt247.00–249.001,1902
Steers—Medium and Large 2528232.46/cwt230.00–235.001,2272
Steers—Medium and Large 1530238.82/cwt237.00–242.001,2665
Steers—Medium and Large 1575238.03/cwt236.00–240.001,3692
Steers—Medium and Large 2579231.02/cwt228.00–232.001,3386
Steers—Medium and Large 3595221.00/cwt221.00–221.001,3151
Steers—Medium and Large 1613232.67/cwt229.00–239.001,4263
Steers—Medium and Large 3625204.64/cwt200.00–209.001,2792
Steers—Medium and Large 1-2638227.00/cwt227.00–227.001,4485
Steers—Medium and Large 2655221.00/cwt221.00–221.001,4481
Steers—Medium and Large 1-2661229.00/cwt229.00–229.001,5148
Steers—Medium and Large 2720217.00/cwt217.00–217.001,5621
Steers—Medium and Large 1-2746212.00/cwt212.00–212.001,58214
Steers—Medium and Large 2775208.00/cwt208.00–208.001,6125
Steers—Medium and Large 3790190.00/cwt190.00–190.001,5011
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 3305205.00/cwt205.00–205.006251
Heifers—Medium and Large 2340215.00/cwt215.00–215.007311
Heifers—Medium and Large 2395220.00/cwt220.00–220.008691
Heifers—Medium and Large 1428223.26/cwt222.00–225.009564
Heifers—Medium and Large 2430210.00/cwt210.00–210.009031
Heifers—Medium and Large 3430198.00/cwt198.00–198.008511
Heifers—Medium and Large 1464220.49/cwt218.00–225.001,0234
Heifers—Medium and Large 2490211.52/cwt208.00–215.001,0364
Heifers—Medium and Large 1518215.40/cwt213.00–218.001,1165
Heifers—Medium and Large 2525203.98/cwt200.00–208.001,0714
Heifers—Medium and Large 2570205.00/cwt205.00–205.001,1691
Heifers—Medium and Large 1579213.04/cwt210.00–215.001,2346
Heifers—Medium and Large 3582183.30/cwt180.00–190.001,0673
Heifers—Medium and Large 1620211.58/cwt200.00–213.001,31211
Heifers—Medium and Large 1-2624231.00/cwt231.00–231.001,44112
Heifers—Medium and Large 1-2655226.00/cwt226.00–226.001,4803
Heifers—Medium and Large 2660187.46/cwt182.00–193.001,2374
Heifers—Medium and Large 3730180.00/cwt180.00–180.001,3141
Heifers—Medium and Large 2768186.44/cwt183.00–190.001,4322
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 2455249.00/cwt249.00–249.001,1331
Bulls—Medium and Large 1458270.00/cwt270.00–270.001,2372
Bulls—Medium and Large 1505228.00/cwt228.00–228.001,1511
Bulls—Medium and Large 2520212.57/cwt210.00–215.001,1052
Bulls—Medium and Large 3560195.99/cwt195.00–198.001,0983
Bulls—Medium and Large 1618199.00/cwt198.00–200.001,2302
Bulls—Medium and Large 2620182.00/cwt182.00–182.001,1281
Bulls—Medium and Large 3620172.65/cwt170.00–178.001,0703
Bulls—Medium and Large 1660191.00/cwt191.00–191.001,2611
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,30096.00/cwt96.00–96.001,2481
Bulls——1,515123.50/cwt123.50–123.501,8711
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%89171.51/cwt70.00–72.006374
Cows—Lean 85-90%92677.44/cwt74.00–80.007176
Cows—Lean 85-90%99887.39/cwt85.00–89.508725
Cows—Boner 80-85%1,17293.01/cwt90.00–96.001,09011
Cows—Boner 80-85%1,309100.31/cwt98.00–104.501,3138
Cows—Breaker 75-80%1,40289.77/cwt88.00–91.001,2593
Replacement Cattle · Bred Cows9 lots · lightest first
Bred Cows—Medium and Large 28001,100.00/head1,100.00–1,100.001,1001
Bred Cows—Medium and Large 28551,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 2870995.98/head950.00–1,050.009962
Bred Cows—Medium and Large 2915850.00/head850.00–850.008501
Bred Cows—Medium and Large 11,0031,252.16/head1,180.00–1,350.001,2523
Bred Cows—Medium and Large 21,0051,050.00/head1,050.00–1,050.001,0501
Bred Cows—Medium and Large 11,0281,186.13/head1,125.00–1,250.001,1862
Bred Cows—Medium and Large 11,0501,190.00/head1,190.00–1,190.001,1901
Bred Cows—Medium and Large 11,1221,257.06/head1,200.00–1,280.001,2573
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1701,380.00/head1,380.00–1,380.001,3802
Cow-Calf Pairs—Medium and Large 11,3031,583.40/head1,350.00–1,750.001,5834

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.