Sale reports / Mississippi / Meridian Livestock Auction / 2023-10-09

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 9
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
293 head
▲ 2 vs last sale 291▼ 191 vs year ago 484 · −39.5%
Slaughter Cattle receipts
97 head
▲ 3 vs last sale 94▲ 12 vs year ago 85 · +14.1%
Replacement Cattle receipts
54 head
▲ 18 vs last sale 36▼ 10 vs year ago 64 · −15.6%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-8 lower and slaughter cows about ten lower and bulls 2-5 lower. Hopefully we can get some much needed rain and turn this market around.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $199.28/cwt on 43 head.
Average price
$199.28
43 head · 547 lb average
Value per head Derived
$1,090
Price × average weight ÷ 100
Grade differential Derived
−$67
per head · Medium and Large 1-2 over Medium and Large 2
$17.40/cwt at this weight
vs the market
−10.97
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2514208.001,0697thin
Medium and Large 1528205.001,08216thin
Medium and Large 3506194.799865thin
Medium and Large 2596190.601,13615thin
One grade step is worth $17.40/cwt here — about −$67 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 sale43 hd
199.28
—
MS average13 barns · 1,486 hd
210.25
−10.97
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—Average1,402113.871,5963thin
CowsBoner 80-85%Average1,22986.311,0615thin
CowsBreaker 75-80%Average1,38380.501,1132thin
CowsLean 85-90%Very Low1,05475.6379716

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)1,005$1,1501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,086$1,0365
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)995$1,0203thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)950$8351thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,290$1,5002thin

Every lot

66 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 · Steers20 lots · lightest first
Steers—Medium and Large 3318244.16/cwt240.00–248.007762
Steers—Medium and Large 2331254.07/cwt250.00–258.008416
Steers—Medium and Large 1340267.46/cwt265.00–270.009092
Steers—Medium and Large 2355253.00/cwt253.00–253.008981
Steers—Medium and Large 3355240.00/cwt240.00–240.008521
Steers—Medium and Large 1375265.00/cwt265.00–265.009941
Steers—Medium and Large 1415260.00/cwt260.00–260.001,0792
Steers—Medium and Large 2415250.00/cwt250.00–250.001,0381
Steers—Medium and Large 3415237.69/cwt234.00–241.009863
Steers—Medium and Large 2463249.57/cwt245.00–254.001,1562
Steers—Medium and Large 3478241.02/cwt240.00–243.001,1523
Steers—Medium and Large 1509251.41/cwt246.00–256.001,2805
Steers—Medium and Large 2545241.00/cwt241.00–241.001,3131
Steers—Medium and Large 3545224.50/cwt224.00–225.001,2242
Steers—Medium and Large 2585235.00/cwt235.00–235.001,3751
Steers—Medium and Large 2625215.00/cwt215.00–215.001,3441
Steers—Medium and Large 3640200.00/cwt200.00–200.001,2801
Steers—Medium and Large 1645220.00/cwt220.00–220.001,4191
Steers—Medium and Large 2673214.66/cwt214.00–215.001,4453
Steers—Medium and Large 2733216.02/cwt215.00–217.001,5832
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 2310220.00/cwt220.00–220.006821
Heifers—Medium and Large 3368212.48/cwt210.00–215.007822
Heifers—Medium and Large 1412211.98/cwt208.00–216.008735
Heifers—Medium and Large 1475215.00/cwt215.00–215.001,0213
Heifers—Medium and Large 2475196.16/cwt190.00–200.009323
Heifers—Medium and Large 1512203.03/cwt200.00–205.001,0403
Heifers—Medium and Large 1-2514208.00/cwt208.00–208.001,0697
Heifers—Medium and Large 3525189.00/cwt189.00–189.009921
Heifers—Medium and Large 3550185.00/cwt185.00–185.001,0181
Heifers—Medium and Large 2571191.82/cwt190.00–197.001,0954
Heifers—Medium and Large 1618199.00/cwt199.00–199.001,2302
Heifers—Medium and Large 2623184.63/cwt180.00–189.001,1502
Heifers—Medium and Large 2665186.00/cwt186.00–186.001,2371
Heifers—Medium and Large 1675190.00/cwt190.00–190.001,2831
Heifers—Medium and Large 1720189.00/cwt189.00–189.001,3611
Heifers—Medium and Large 3720175.00/cwt175.00–175.001,2601
Heifers—Medium and Large 2725186.01/cwt185.00–187.001,3493
Heifers—Medium and Large 1795189.00/cwt189.00–189.001,5031
Heifers—Medium and Large 2835170.00/cwt170.00–170.001,4201
Feeder Cattle · Bulls14 lots · lightest first
Bulls—Medium and Large 2430212.00/cwt212.00–212.009121
Bulls—Medium and Large 1475223.78/cwt220.00–230.001,0634
Bulls—Medium and Large 2495207.00/cwt207.00–207.001,0251
Bulls—Medium and Large 1523215.17/cwt210.00–220.001,1252
Bulls—Medium and Large 2545190.00/cwt190.00–190.001,0361
Bulls—Medium and Large 2568196.02/cwt191.00–200.001,1134
Bulls—Medium and Large 3585184.00/cwt184.00–184.001,0761
Bulls—Medium and Large 1615198.00/cwt198.00–198.001,2181
Bulls—Medium and Large 2625180.00/cwt180.00–180.001,1251
Bulls—Medium and Large 2685180.00/cwt180.00–180.001,2331
Bulls—Medium and Large 3688169.00/cwt168.00–170.001,1632
Bulls—Medium and Large 3715160.00/cwt160.00–160.001,1441
Bulls—Medium and Large 3790152.00/cwt152.00–152.001,2011
Bulls—Medium and Large 3885150.00/cwt150.00–150.001,3281
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,402113.87/cwt112.50–115.501,5963
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%1,01473.70/cwt71.00–76.507474
Cows—Lean 85-90%1,02867.21/cwt65.00–70.006914
Cows—Lean 85-90%1,08780.80/cwt78.00–84.508788
Cows—Boner 80-85%1,22986.31/cwt85.00–87.001,0615
Cows—Breaker 75-80%1,38380.50/cwt78.00–83.001,1132
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 2930979.57/head970.00–990.009802
Bred Cows—Medium and Large 2950835.00/head835.00–835.008351
Bred Cows—Medium and Large 2987966.91/head920.00–1,050.009673
Bred Cows—Medium and Large 11,0051,150.00/head1,150.00–1,150.001,1501
Bred Cows—Medium and Large 11,1251,100.00/head1,100.00–1,100.001,1001
Bred Cows—Medium and Large 11,2351,140.81/head1,120.00–1,160.001,1412
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,2901,500.00/head1,500.00–1,500.001,5002

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.