Sale reports / Mississippi / Meridian Livestock Auction / 2023-09-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 4
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
358 head
▼ 77 vs last sale 435▼ 137 vs year ago 495 · −27.7%
Slaughter Cattle receipts
90 head
▼ 5 vs last sale 95▲ 13 vs year ago 77 · +16.9%
Replacement Cattle receipts
66 head
▲ 26 vs last sale 40▼ 157 vs year ago 223 · −70.4%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady but could have been a little cheaper in spots. Slaughter cows and bulls were steady.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $238.81/cwt on 45 head.
Average price
$238.81
45 head · 518 lb average
Value per head Derived
$1,237
Price × average weight ÷ 100
Grade differential Derived
−$306
per head · Medium and Large 3 over Medium and Large 1
$23.44/cwt at this weight
vs the market
−4.11
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3423249.661,0578thin
Medium and Large 2478246.161,17619thin
Medium and Large 1603226.221,36318thin
One grade step is worth $23.44/cwt here — about −$306 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 sale45 hd
238.81
—
MS average13 barns · 1,019 hd
242.91
−4.11
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—Average1,544120.891,86611
CowsBoner 80-85%Low1,197102.011,22115
CowsBreaker 75-80%Average1,38396.271,3314thin
CowsLean 85-90%Average96481.8278918

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/2nd Stage (1-6 mo)Young (2-4 yrs)930$1,5501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,155$1,3675
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,107$1,2604thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)875$1,2101thin
Cow-Calf PairsOpenAged (>8 yrs)1,355$2,0002thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,287$1,6618
Cow-Calf PairsOpenYoung (2-4 yrs)958$1,1754thin

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 · Steers21 lots · lightest first
Steers—Medium and Large 2325267.65/cwt265.00–270.008702
Steers—Medium and Large 3338261.53/cwt260.00–263.008842
Steers—Medium and Large 3375262.75/cwt260.00–265.009853
Steers—Medium and Large 2380268.62/cwt264.00–275.001,0214
Steers—Medium and Large 2414264.05/cwt260.00–268.001,0934
Steers—Medium and Large 1425277.24/cwt272.00–283.001,1782
Steers—Medium and Large 3435255.00/cwt255.00–255.001,1091
Steers—Medium and Large 3465248.00/cwt248.00–248.001,1531
Steers—Medium and Large 2485266.43/cwt263.00–270.001,2922
Steers—Medium and Large 1514236.16/cwt230.00–240.001,2144
Steers—Medium and Large 2535215.00/cwt215.00–215.001,1501
Steers—Medium and Large 1550238.00/cwt238.00–238.001,3091
Steers—Medium and Large 2563217.04/cwt215.00–220.001,2223
Steers—Medium and Large 1616216.39/cwt215.00–218.001,3335
Steers—Medium and Large 2645207.00/cwt207.00–207.001,3351
Steers—Medium and Large 1663213.99/cwt210.00–220.001,4193
Steers—Medium and Large 2670205.00/cwt205.00–205.001,3741
Steers—Medium and Large 3685183.00/cwt183.00–183.001,2541
Steers—Medium and Large 1705213.00/cwt213.00–213.001,5021
Steers—Medium and Large 2745200.00/cwt200.00–200.001,4901
Steers—Medium and Large 1808198.99/cwt198.00–200.001,6082
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 1320230.32/cwt229.00–232.007373
Heifers—Medium and Large 2385220.00/cwt220.00–220.008475
Heifers—Medium and Large 3385207.00/cwt207.00–207.007971
Heifers—Medium and Large 3405192.00/cwt192.00–192.007781
Heifers—Medium and Large 1425219.67/cwt219.00–221.009346
Heifers—Medium and Large 2430213.00/cwt213.00–213.009161
Heifers—Medium and Large 1450230.00/cwt230.00–230.001,0351
Heifers—Medium and Large 3478197.93/cwt196.00–201.009464
Heifers—Medium and Large 2480211.00/cwt211.00–211.001,0131
Heifers—Medium and Large 1527200.91/cwt197.00–206.001,0593
Heifers—Medium and Large 2530192.62/cwt191.00–195.001,0213
Heifers—Medium and Large 3545180.00/cwt180.00–180.009811
Heifers—Medium and Large 1568200.51/cwt200.00–201.001,1392
Heifers—Medium and Large 3580185.00/cwt185.00–185.001,0731
Heifers—Medium and Large 2585190.00/cwt190.00–190.001,1121
Heifers—Medium and Large 2608184.00/cwt183.00–185.001,1192
Heifers—Medium and Large 1633189.53/cwt188.00–191.001,2002
Heifers—Medium and Large 1675188.00/cwt188.00–188.001,2691
Heifers—Medium and Large 2675183.99/cwt182.00–185.001,2424
Heifers—Medium and Large 2700185.00/cwt185.00–185.001,2951
Heifers—Medium and Large 2780184.00/cwt184.00–184.001,4351
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1425251.43/cwt250.00–253.001,0692
Bulls—Medium and Large 2427235.06/cwt230.00–240.001,0043
Bulls—Medium and Large 1470248.00/cwt248.00–248.001,1662
Bulls—Medium and Large 3480219.90/cwt215.00–225.001,0562
Bulls—Medium and Large 1520196.24/cwt190.00–200.001,0203
Bulls—Medium and Large 1613178.00/cwt178.00–178.001,0912
Bulls—Medium and Large 1650182.00/cwt182.00–182.001,1831
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——1,388118.23/cwt118.00–118.501,6412
Bulls——1,458119.84/cwt119.00–121.001,7475
Bulls——1,485113.00/cwt113.00–113.001,6781
Bulls——1,785130.00/cwt130.00–130.002,3211
Bulls——1,823125.54/cwt123.00–128.002,2892
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%89873.49/cwt69.00–75.506606
Cows—Lean 85-90%97681.22/cwt78.00–84.007935
Cows—Lean 85-90%1,01289.39/cwt88.00–91.009057
Cows—Boner 80-85%1,14897.97/cwt95.00–101.001,1256
Cows—Boner 80-85%1,230104.70/cwt102.00–107.501,2889
Cows—Breaker 75-80%1,38396.27/cwt92.00–98.001,3314
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 29581,174.80/head1,150.00–1,200.001,1754
Cow-Calf Pairs—Medium and Large 11,1951,650.00/head1,650.00–1,650.001,6502
Cow-Calf Pairs—Medium and Large 11,2931,633.95/head1,600.00–1,675.001,6344
Cow-Calf Pairs—Medium and Large 11,3552,000.00/head2,000.00–2,000.002,0002
Cow-Calf Pairs—Medium and Large 11,3651,725.00/head1,725.00–1,725.001,7252
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 28751,210.00/head1,210.00–1,210.001,2101
Bred Cows—Medium and Large 19301,550.00/head1,550.00–1,550.001,5501
Bred Cows—Medium and Large 21,1021,196.13/head1,125.00–1,250.001,1963
Bred Cows—Medium and Large 11,1201,450.00/head1,450.00–1,450.001,4501
Bred Cows—Medium and Large 11,1551,367.49/head1,270.00–1,425.001,3675

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.