Sale reports / Mississippi / Meridian Livestock Auction / 2023-09-25

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 25
● Final76 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
557 head
▲ 32 vs last sale 525▲ 27 vs year ago 530 · +5.1%
Slaughter Cattle receipts
99 head
▲ 28 vs last sale 71▲ 46 vs year ago 53 · +86.8%
Replacement Cattle receipts
24 head
▲ 0 vs last sale 24▼ 14 vs year ago 38 · −36.8%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 higher. Slaughter cows were steady and bulls 2-3 lower. Sold a load of black hided steers average weight 769 lbs. @ $ 2.4425 the load weighed 49,980. Also sold another load of steers black hided 77 head average weight 611 lbs. @ $ 2.5975.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $249.21/cwt on 217 head.
Average price
$249.21
217 head · 632 lb average
Value per head Derived
$1,575
Price × average weight ÷ 100
Grade differential Derived
$556
per head · Medium and Large 1-2 over Medium and Large 3
$17.17/cwt at this weight
vs the market
+5.66
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2683252.681,727142
Medium and Large 1585249.861,46117thin
Medium and Large 2531242.821,28940
Medium and Large 3497235.511,17118thin
One grade step is worth $17.17/cwt here — about $556 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 sale217 hd
249.21
—
MS average13 barns · 1,280 hd
243.55
+5.66
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—Average1,583114.931,8198thin
CowsBoner 80-85%Low1,22898.881,21415
CowsBreaker 75-80%Average1,33891.851,2293thin
CowsLean 85-90%Average1,02980.0082416

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)Middle Aged (5-8 yrs)1,282$1,2833thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,200$1,1651thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,047$1,0583thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,155$1,3252thin

Every lot

76 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 2250273.00/cwt273.00–273.006831
Steers—Medium and Large 2318268.76/cwt265.00–275.008554
Steers—Medium and Large 3333256.98/cwt255.00–258.008563
Steers—Medium and Large 3370253.78/cwt250.00–258.009392
Steers—Medium and Large 2375269.21/cwt265.00–273.001,0102
Steers—Medium and Large 1418271.48/cwt268.00–275.001,1352
Steers—Medium and Large 2418255.37/cwt251.00–260.001,0672
Steers—Medium and Large 3423241.23/cwt235.00–248.001,0202
Steers—Medium and Large 1465268.00/cwt268.00–268.001,2461
Steers—Medium and Large 2476254.40/cwt251.00–260.001,2115
Steers—Medium and Large 2505240.00/cwt240.00–240.001,2121
Steers—Medium and Large 1525258.73/cwt250.00–265.001,3585
Steers—Medium and Large 3535220.00/cwt220.00–220.001,1771
Steers—Medium and Large 1565250.00/cwt250.00–250.001,4131
Steers—Medium and Large 3568227.58/cwt227.00–231.001,2939
Steers—Medium and Large 2569241.16/cwt235.00–247.001,37213
Steers—Medium and Large 1-2611260.00/cwt260.00–260.001,58977
Steers—Medium and Large 1613241.99/cwt241.00–243.001,4832
Steers—Medium and Large 2633224.77/cwt222.00–231.001,4237
Steers—Medium and Large 2657219.32/cwt216.00–223.001,4413
Steers—Medium and Large 1665237.99/cwt237.00–239.001,5833
Steers—Medium and Large 3715210.00/cwt210.00–210.001,5021
Steers—Medium and Large 2718218.49/cwt217.00–220.001,5692
Steers—Medium and Large 1723235.00/cwt235.00–235.001,6992
Steers—Medium and Large 1-2769244.00/cwt244.00–244.001,87665
Steers—Medium and Large 1785225.00/cwt225.00–225.001,7661
Feeder Cattle · Heifers23 lots · lightest first
Heifers—Medium and Large 3328220.00/cwt220.00–220.007222
Heifers—Medium and Large 2390228.51/cwt228.00–229.008912
Heifers—Medium and Large 2410231.48/cwt230.00–233.009492
Heifers—Medium and Large 1421240.65/cwt235.00–245.001,0139
Heifers—Medium and Large 3435220.00/cwt220.00–220.009571
Heifers—Medium and Large 1455238.00/cwt238.00–238.001,0831
Heifers—Medium and Large 2455230.68/cwt230.00–232.001,0503
Heifers—Medium and Large 3465217.96/cwt216.00–220.001,0142
Heifers—Medium and Large 1-2500250.00/cwt250.00–250.001,25020
Heifers—Medium and Large 1505236.00/cwt236.00–236.001,1921
Heifers—Medium and Large 3514208.42/cwt203.00–211.001,0715
Heifers—Medium and Large 2540216.00/cwt214.00–219.001,1663
Heifers—Medium and Large 2584219.75/cwt212.00–222.001,28310
Heifers—Medium and Large 3590200.00/cwt200.00–200.001,1801
Heifers—Medium and Large 1598229.00/cwt229.00–229.001,36928
Heifers—Medium and Large 1618218.00/cwt218.00–218.001,3472
Heifers—Medium and Large 2633198.18/cwt192.00–205.001,2544
Heifers—Medium and Large 3643190.50/cwt190.00–191.001,2252
Heifers—Medium and Large 3665185.00/cwt185.00–185.001,2301
Heifers—Medium and Large 1680215.00/cwt215.00–215.001,4621
Heifers—Medium and Large 1712218.00/cwt218.00–218.001,55212
Heifers—Medium and Large 2713198.46/cwt195.00–202.001,4152
Heifers—Medium and Large 1885190.00/cwt190.00–190.001,6822
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1428230.00/cwt230.00–230.009842
Bulls—Medium and Large 3465193.00/cwt193.00–193.008971
Bulls—Medium and Large 1483231.51/cwt230.00–233.001,1182
Bulls—Medium and Large 2567205.02/cwt200.00–208.001,1623
Bulls—Medium and Large 1588219.01/cwt218.00–220.001,2882
Bulls—Medium and Large 2608197.97/cwt193.00–205.001,2043
Bulls—Medium and Large 1618214.61/cwt210.00–220.001,3265
Bulls—Medium and Large 2650193.00/cwt193.00–193.001,2551
Bulls—Medium and Large 3680180.00/cwt180.00–180.001,2241
Bulls—Medium and Large 2725188.00/cwt188.00–188.001,3631
Bulls—Medium and Large 1765202.55/cwt200.00–205.001,5502
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,215108.00/cwt108.00–108.001,3121
Bulls——1,540112.48/cwt112.00–113.001,7322
Bulls——1,565115.98/cwt115.00–117.001,8153
Bulls——1,835119.26/cwt118.50–120.002,1882
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%1,00171.87/cwt68.00–75.007194
Cows—Lean 85-90%1,01579.54/cwt78.00–81.008075
Cows—Lean 85-90%1,05684.97/cwt82.50–88.008977
Cows—Boner 80-85%1,15894.79/cwt92.00–98.501,0988
Cows—Boner 80-85%1,265110.00/cwt110.00–110.001,3921
Cows—Boner 80-85%1,315102.47/cwt100.00–105.501,3476
Cows—Breaker 75-80%1,33891.85/cwt88.50–95.501,2293
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 21,0471,058.22/head970.00–1,150.001,0583
Bred Cows—Medium and Large 21,1651,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 21,2001,165.00/head1,165.00–1,165.001,1651
Bred Cows—Medium and Large 11,3401,424.72/head1,400.00–1,450.001,4252
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,1551,325.00/head1,325.00–1,325.001,3252

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.