Sale reports / Mississippi / Meridian Livestock Auction / 2023-10-02

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 2
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
291 head
▼ 266 vs last sale 557▼ 111 vs year ago 402 · −27.6%
Slaughter Cattle receipts
94 head
▼ 5 vs last sale 99▲ 52 vs year ago 42 · +123.8%
Replacement Cattle receipts
36 head
▲ 12 vs last sale 24▼ 192 vs year ago 228 · −84.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were a little cheaper and heifers 3-7 lower. Slaughter cattle were 5 lower.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $206.40/cwt on 65 head.
Average price
$206.40
65 head · 505 lb average
Value per head Derived
$1,042
Price × average weight ÷ 100
Grade differential Derived
$51
per head · Medium and Large 2 over Medium and Large 3
$10.93/cwt at this weight
vs the market
−6.37
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2483209.161,01021
Medium and Large 1530208.281,10430
Medium and Large 3484198.2395914thin
One grade step is worth $10.93/cwt here — about $51 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 sale65 hd
206.40
—
MS average12 barns · 1,071 hd
212.77
−6.37
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—Low1,518113.321,72013
CowsBoner 80-85%Low1,14596.191,10111
CowsBreaker 75-80%Average1,39087.421,2155thin
CowsLean 85-90%Average96977.7575417

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)947$1,0463thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)908$9892thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,090$9601thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,030$1,2002thin

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 · Steers19 lots · lightest first
Steers—Medium and Large 3320245.00/cwt245.00–245.007841
Steers—Medium and Large 1363272.68/cwt270.00–275.009903
Steers—Medium and Large 2380262.69/cwt258.00–265.009985
Steers—Medium and Large 3385240.00/cwt240.00–240.009242
Steers—Medium and Large 1416263.27/cwt260.00–265.001,0954
Steers—Medium and Large 3450243.00/cwt243.00–243.001,0941
Steers—Medium and Large 2480250.30/cwt248.00–253.001,2013
Steers—Medium and Large 2515240.00/cwt240.00–240.001,2361
Steers—Medium and Large 3523219.31/cwt215.00–223.001,1473
Steers—Medium and Large 1525249.03/cwt242.00–253.001,3073
Steers—Medium and Large 1550244.00/cwt244.00–244.001,3421
Steers—Medium and Large 2555235.50/cwt233.00–238.001,3072
Steers—Medium and Large 3585220.00/cwt220.00–220.001,2871
Steers—Medium and Large 2614215.40/cwt215.00–220.001,32313
Steers—Medium and Large 2688216.00/cwt215.00–218.001,4863
Steers—Medium and Large 3705190.00/cwt190.00–190.001,3401
Steers—Medium and Large 2710210.00/cwt210.00–210.001,4911
Steers—Medium and Large 3755190.00/cwt190.00–190.001,4351
Steers—Medium and Large 1880200.00/cwt200.00–200.001,7601
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 3320215.00/cwt215.00–215.006881
Heifers—Medium and Large 2335225.00/cwt225.00–225.007541
Heifers—Medium and Large 3368215.00/cwt215.00–215.007912
Heifers—Medium and Large 2380229.34/cwt225.00–233.008713
Heifers—Medium and Large 3410205.00/cwt205.00–205.008411
Heifers—Medium and Large 2425215.19/cwt210.00–219.009155
Heifers—Medium and Large 1427227.62/cwt220.00–231.009727
Heifers—Medium and Large 2478213.88/cwt210.00–219.001,0226
Heifers—Medium and Large 3480199.31/cwt195.00–200.009577
Heifers—Medium and Large 1483222.95/cwt221.00–225.001,0772
Heifers—Medium and Large 1523208.77/cwt205.00–210.001,0924
Heifers—Medium and Large 2543193.52/cwt190.00–197.001,0512
Heifers—Medium and Large 1554200.00/cwt200.00–200.001,10812
Heifers—Medium and Large 2555190.00/cwt190.00–190.001,0551
Heifers—Medium and Large 3570180.00/cwt180.00–180.001,0261
Heifers—Medium and Large 2605185.00/cwt185.00–185.001,1191
Heifers—Medium and Large 1627194.72/cwt191.00–200.001,2213
Heifers—Medium and Large 3635180.00/cwt180.00–180.001,1431
Heifers—Medium and Large 1662195.00/cwt195.00–195.001,2912
Heifers—Medium and Large 2690185.00/cwt185.00–185.001,2771
Heifers—Medium and Large 2735173.00/cwt173.00–173.001,2721
Heifers—Medium and Large 3740170.00/cwt170.00–170.001,2581
Feeder Cattle · Bulls14 lots · lightest first
Bulls—Medium and Large 3405210.00/cwt210.00–210.008511
Bulls—Medium and Large 2420235.49/cwt235.00–236.009892
Bulls—Medium and Large 1433240.00/cwt240.00–240.001,0392
Bulls—Medium and Large 1470240.00/cwt240.00–240.001,1281
Bulls—Medium and Large 2485231.00/cwt231.00–231.001,1201
Bulls—Medium and Large 3505190.00/cwt190.00–190.009601
Bulls—Medium and Large 1515220.00/cwt220.00–220.001,1331
Bulls—Medium and Large 2523206.44/cwt201.00–210.001,0803
Bulls—Medium and Large 2560200.00/cwt200.00–200.001,1201
Bulls—Medium and Large 3572192.43/cwt188.00–198.001,1013
Bulls—Medium and Large 1630191.69/cwt190.00–195.001,2083
Bulls—Medium and Large 1650195.00/cwt195.00–195.001,2681
Bulls—Medium and Large 2655186.00/cwt186.00–186.001,2181
Bulls—Medium and Large 2725182.00/cwt182.00–182.001,3201
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,150100.00/cwt100.00–100.001,1501
Bulls——1,473105.37/cwt103.50–108.001,5524
Bulls——1,513113.59/cwt110.00–115.501,7193
Bulls——1,631122.17/cwt119.00–124.001,9935
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%96065.38/cwt61.00–69.006282
Cows—Lean 85-90%96173.90/cwt71.00–77.007107
Cows—Lean 85-90%97984.22/cwt82.00–86.008258
Cows—Boner 80-85%1,05492.66/cwt90.00–95.009777
Cows—Boner 80-85%1,303102.38/cwt99.00–105.001,3344
Cows—Breaker 75-80%1,39087.42/cwt85.00–90.001,2155
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2900968.83/head940.00–1,000.009692
Bred Cows—Medium and Large 2908989.26/head980.00–1,000.009892
Bred Cows—Medium and Large 11,0401,200.00/head1,200.00–1,200.001,2001
Bred Cows—Medium and Large 21,090960.00/head960.00–960.009601
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,0301,200.00/head1,200.00–1,200.001,2002

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.