Sale reports / Mississippi / Meridian Livestock Auction / 2023-08-28

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 28
● Final75 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
435 head
▲ 116 vs last sale 319▲ 9 vs year ago 426 · +2.1%
Slaughter Cattle receipts
95 head
▲ 27 vs last sale 68▲ 59 vs year ago 36 · +163.9%
Replacement Cattle receipts
40 head
▼ 27 vs last sale 67▲ 3 vs year ago 37 · +8.1%
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $208.13/cwt on 75 head.
Average price
$208.13
75 head · 531 lb average
Value per head Derived
$1,106
Price × average weight ÷ 100
Grade differential Derived
$224
per head · Medium and Large 1-2 over Medium and Large 3
$20.40/cwt at this weight
vs the market
−5.81
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2566216.321,22519thin
Medium and Large 1587210.301,23319thin
Medium and Large 2467207.5297022
Medium and Large 3511195.911,00015thin
One grade step is worth $20.40/cwt here — about $224 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 sale75 hd
208.13
—
MS average13 barns · 1,038 hd
213.94
−5.81
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—Average1,681122.402,0579thin
CowsBoner 80-85%Low1,183101.991,20619
CowsBreaker 75-80%Average1,47386.701,2773thin
CowsLean 85-90%Very Low93679.9774819

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)1,020$1,1001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,080$1,3202thin
Cow-Calf PairsOpenYoung (2-4 yrs)997$1,2928

Every lot

75 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 1240295.00/cwt295.00–295.007081
Steers—Medium and Large 1310290.00/cwt290.00–290.008991
Steers—Medium and Large 3310260.00/cwt260.00–260.008061
Steers—Medium and Large 2327269.39/cwt265.00–273.008813
Steers—Medium and Large 1358280.00/cwt280.00–280.001,0023
Steers—Medium and Large 2363270.92/cwt265.00–275.009836
Steers—Medium and Large 3367264.30/cwt260.00–270.009703
Steers—Medium and Large 2405260.00/cwt260.00–260.001,0531
Steers—Medium and Large 1413272.03/cwt268.00–275.001,1233
Steers—Medium and Large 3420248.00/cwt248.00–248.001,0422
Steers—Medium and Large 2450253.00/cwt253.00–253.001,1391
Steers—Medium and Large 3470246.45/cwt245.00–248.001,1582
Steers—Medium and Large 3505220.00/cwt220.00–220.001,1111
Steers—Medium and Large 1516236.70/cwt233.00–240.001,2214
Steers—Medium and Large 2530238.00/cwt238.00–238.001,2611
Steers—Medium and Large 1555230.00/cwt230.00–230.001,2771
Steers—Medium and Large 2578218.72/cwt214.00–225.001,2643
Steers—Medium and Large 3585205.00/cwt200.00–210.001,1992
Steers—Medium and Large 1605230.00/cwt230.00–230.001,3927
Steers—Medium and Large 2625215.51/cwt215.00–216.001,3472
Steers—Medium and Large 3645210.00/cwt210.00–210.001,3551
Steers—Medium and Large 2668209.67/cwt204.00–216.001,4016
Steers—Medium and Large 3680193.00/cwt193.00–193.001,3121
Steers—Medium and Large 2708208.98/cwt203.00–215.001,4802
Steers—Medium and Large 3710190.00/cwt190.00–190.001,3491
Steers—Medium and Large 1870190.00/cwt190.00–190.001,6531
Steers—Medium and Large 1975172.00/cwt172.00–172.001,6771
Feeder Cattle · Heifers23 lots · lightest first
Heifers—Medium and Large 2345218.00/cwt218.00–218.007521
Heifers—Medium and Large 3370212.26/cwt210.00–214.007854
Heifers—Medium and Large 2373221.02/cwt220.00–224.008246
Heifers—Medium and Large 1390229.00/cwt229.00–229.008931
Heifers—Medium and Large 1413218.68/cwt216.00–220.009033
Heifers—Medium and Large 2420212.74/cwt208.00–222.008945
Heifers—Medium and Large 3428200.95/cwt190.00–210.008604
Heifers—Medium and Large 1463217.92/cwt215.00–221.001,0092
Heifers—Medium and Large 3465190.00/cwt190.00–190.008841
Heifers—Medium and Large 2480202.85/cwt199.00–210.009743
Heifers—Medium and Large 1-2525218.00/cwt218.00–218.001,1458
Heifers—Medium and Large 1525204.92/cwt200.00–210.001,0763
Heifers—Medium and Large 2565193.06/cwt190.00–198.001,0914
Heifers—Medium and Large 1590205.00/cwt205.00–205.001,2101
Heifers—Medium and Large 1-2596215.09/cwt214.00–217.001,28211
Heifers—Medium and Large 3618183.02/cwt182.00–184.001,1312
Heifers—Medium and Large 2620193.44/cwt190.00–197.001,1992
Heifers—Medium and Large 1645210.00/cwt210.00–210.001,3551
Heifers—Medium and Large 2655190.00/cwt190.00–190.001,2451
Heifers—Medium and Large 3670183.40/cwt180.00–187.001,2292
Heifers—Medium and Large 1683209.00/cwt209.00–209.001,4275
Heifers—Medium and Large 3713181.51/cwt178.00–185.001,2942
Heifers—Medium and Large 1788200.00/cwt200.00–200.001,5763
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1423252.46/cwt250.00–255.001,0682
Bulls—Medium and Large 2425240.00/cwt240.00–240.001,0202
Bulls—Medium and Large 3428227.09/cwt220.00–233.009724
Bulls—Medium and Large 1450245.00/cwt245.00–245.001,1031
Bulls—Medium and Large 3460230.00/cwt230.00–230.001,0581
Bulls—Medium and Large 2480242.00/cwt242.00–242.001,1621
Bulls—Medium and Large 2520188.00/cwt188.00–188.009781
Bulls—Medium and Large 1524197.86/cwt192.00–202.001,0375
Bulls—Medium and Large 2585190.00/cwt190.00–190.001,1121
Bulls—Medium and Large 1620183.90/cwt180.00–188.001,1402
Bulls—Medium and Large 1670180.00/cwt180.00–180.001,2062
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,175115.00/cwt115.00–115.001,3511
Bulls——1,545122.00/cwt122.00–122.001,8851
Bulls——1,748120.13/cwt120.00–120.502,1004
Bulls——1,805128.03/cwt125.00–131.002,3113
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%92179.74/cwt77.00–82.007345
Cows—Lean 85-90%92870.35/cwt65.00–72.506536
Cows—Lean 85-90%95187.33/cwt85.00–90.008318
Cows—Boner 80-85%1,16998.63/cwt95.00–101.001,1539
Cows—Boner 80-85%1,195105.02/cwt102.00–108.001,25510
Cows—Breaker 75-80%1,47386.70/cwt85.00–89.001,2773
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,0201,100.00/head1,100.00–1,100.001,1001
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 2935950.00/head950.00–950.009502
Cow-Calf Pairs—Medium and Large 11,0181,406.25/head1,325.00–1,450.001,4066
Cow-Calf Pairs—Medium and Large 11,0801,320.00/head1,320.00–1,320.001,3202

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.