Sale reports / Mississippi / Meridian Livestock Auction / 2023-09-18

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 18
● Final73 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
525 head
▲ 53 vs last sale 472▲ 244 vs year ago 281 · +86.8%
Slaughter Cattle receipts
71 head
▲ 6 vs last sale 65▲ 18 vs year ago 53 · +34.0%
Replacement Cattle receipts
24 head
▼ 20 vs last sale 44▲ 3 vs year ago 21 · +14.3%
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 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 $247.44/cwt on 84 head.
Average price
$247.44
84 head · 507 lb average
Value per head Derived
$1,255
Price × average weight ÷ 100
Grade differential Derived
−$179
per head · Medium and Large 3 over Medium and Large 2
$10.13/cwt at this weight
vs the market
−3.10
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3445251.051,11827
Medium and Large 1-2507250.001,2684thin
Medium and Large 1539249.411,34428
Medium and Large 2538240.921,29625
One grade step is worth $10.13/cwt here — about −$179 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 sale84 hd
247.44
—
MS average13 barns · 1,248 hd
250.54
−3.10
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—Average1,562119.841,87211
CowsBoner 80-85%Low1,220100.041,22016
CowsBreaker 75-80%Average1,31591.731,2064thin
CowsLean 85-90%Average1,01583.4884813

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)1,460$1,6251thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,325$1,6001thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)871$1,3395
Cow-Calf PairsOpenYoung (2-4 yrs)960$1,2984thin

Every lot

73 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 · Steers26 lots · lightest first
Steers—Medium and Large 1270293.00/cwt293.00–293.007911
Steers—Medium and Large 2285283.00/cwt283.00–283.008071
Steers—Medium and Large 3325250.00/cwt250.00–250.008131
Steers—Medium and Large 2363269.63/cwt268.00–273.009793
Steers—Medium and Large 3367257.20/cwt253.00–260.009445
Steers—Medium and Large 1375298.00/cwt298.00–298.001,1181
Steers—Medium and Large 1420287.57/cwt280.00–295.001,2084
Steers—Medium and Large 2436270.50/cwt268.00–272.001,1794
Steers—Medium and Large 3436261.22/cwt250.00–264.001,13913
Steers—Medium and Large 2453266.51/cwt265.00–268.001,2072
Steers—Medium and Large 1460295.00/cwt295.00–295.001,3571
Steers—Medium and Large 3468257.09/cwt247.00–263.001,2033
Steers—Medium and Large 1-2507250.00/cwt250.00–250.001,2684
Steers—Medium and Large 1525245.25/cwt245.00–248.001,28812
Steers—Medium and Large 3535210.00/cwt210.00–210.001,1241
Steers—Medium and Large 2545224.00/cwt224.00–224.001,2211
Steers—Medium and Large 1550240.00/cwt240.00–240.001,3201
Steers—Medium and Large 3563216.29/cwt210.00–220.001,2184
Steers—Medium and Large 2587224.44/cwt224.00–226.001,3179
Steers—Medium and Large 1618225.04/cwt222.00–230.001,3915
Steers—Medium and Large 2680217.02/cwt216.00–218.001,4762
Steers—Medium and Large 2705211.00/cwt211.00–211.001,4881
Steers—Medium and Large 1735219.00/cwt219.00–219.001,6101
Steers—Medium and Large 2768213.49/cwt213.00–214.001,6402
Steers—Medium and Large 1785220.00/cwt220.00–220.001,7271
Steers—Medium and Large 1845200.00/cwt200.00–200.001,6901
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 2305272.00/cwt272.00–272.008301
Heifers—Medium and Large 1335244.22/cwt240.00–248.008183
Heifers—Medium and Large 3372226.23/cwt221.00–230.008423
Heifers—Medium and Large 1384244.78/cwt240.00–250.009404
Heifers—Medium and Large 3408224.50/cwt224.00–225.009162
Heifers—Medium and Large 1412247.65/cwt240.00–250.001,02019
Heifers—Medium and Large 2423236.70/cwt236.00–238.001,0013
Heifers—Medium and Large 3474223.22/cwt220.00–226.001,0584
Heifers—Medium and Large 2475236.98/cwt236.00–238.001,1262
Heifers—Medium and Large 2509211.61/cwt211.00–213.001,0775
Heifers—Medium and Large 1523219.09/cwt217.00–222.001,14617
Heifers—Medium and Large 3540200.00/cwt200.00–200.001,0801
Heifers—Medium and Large 1-2568233.00/cwt233.00–233.001,3233
Heifers—Medium and Large 2588211.00/cwt210.00–212.001,2412
Heifers—Medium and Large 2613205.84/cwt200.00–210.001,2625
Heifers—Medium and Large 1615215.80/cwt212.00–221.001,3274
Heifers—Medium and Large 3625190.00/cwt190.00–190.001,1881
Heifers—Medium and Large 2672203.97/cwt200.00–207.001,3713
Heifers—Medium and Large 3745192.00/cwt192.00–192.001,4301
Feeder Cattle · Bulls14 lots · lightest first
Bulls—Medium and Large 1418242.54/cwt240.00–245.001,0142
Bulls—Medium and Large 2436233.00/cwt233.00–233.001,0164
Bulls—Medium and Large 1480240.00/cwt240.00–240.001,1521
Bulls—Medium and Large 2480230.31/cwt225.00–237.001,1056
Bulls—Medium and Large 2525210.00/cwt210.00–210.001,1031
Bulls—Medium and Large 1526221.13/cwt219.00–225.001,1637
Bulls—Medium and Large 1550220.50/cwt219.00–222.001,2132
Bulls—Medium and Large 2566213.49/cwt210.00–218.001,2084
Bulls—Medium and Large 3595208.00/cwt208.00–208.001,2381
Bulls—Medium and Large 2627204.72/cwt200.00–208.001,2847
Bulls—Medium and Large 1628219.06/cwt216.00–222.001,3762
Bulls—Medium and Large 2677207.73/cwt200.00–211.001,4064
Bulls—Medium and Large 2705201.00/cwt201.00–201.001,4171
Bulls—Medium and Large 2770197.47/cwt195.00–200.001,5212
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,358118.35/cwt118.00–119.001,6073
Bulls——1,595114.48/cwt114.00–115.001,8262
Bulls——1,653122.38/cwt120.00–125.502,0236
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%98774.80/cwt71.00–77.007383
Cows—Lean 85-90%1,02188.13/cwt86.00–91.009007
Cows—Lean 85-90%1,03081.33/cwt80.00–84.008383
Cows—Boner 80-85%1,191103.29/cwt101.00–105.001,2308
Cows—Boner 80-85%1,24996.79/cwt93.00–99.001,2098
Cows—Breaker 75-80%1,31591.73/cwt88.00–94.001,2064
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 18541,398.32/head1,250.00–1,500.001,3984
Bred Cows—Medium and Large 29401,100.00/head1,100.00–1,100.001,1001
Bred Cows—Medium and Large 11,3251,600.00/head1,600.00–1,600.001,6001
Bred Cows—Medium and Large 11,4601,625.00/head1,625.00–1,625.001,6251
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 29601,298.44/head1,200.00–1,400.001,2984

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.