Sale reports / Mississippi / Meridian Livestock Auction / 2023-10-23

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 23
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
459 head
▲ 263 vs last sale 196▲ 137 vs year ago 322 · +42.5%
Slaughter Cattle receipts
73 head
▲ 21 vs last sale 52▲ 43 vs year ago 30 · +143.3%
Replacement Cattle receipts
34 head
▲ 2 vs last sale 32▲ 15 vs year ago 19 · +78.9%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were 3-5 lower and heifers steady. Slaughter cows and bulls were steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $216.67/cwt on 129 head.
Average price
$216.67
129 head · 594 lb average
Value per head Derived
$1,287
Price × average weight ÷ 100
Grade differential Derived
$575
per head · Medium and Large 1-2 over Medium and Large 3
$43.50/cwt at this weight
vs the market
+11.83
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2650232.001,5089thin
Medium and Large 1603218.491,317102
Medium and Large 2522201.571,05214thin
Medium and Large 3495188.519334thin
One grade step is worth $43.50/cwt here — about $575 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 sale129 hd
216.67
—
MS average12 barns · 1,415 hd
204.83
+11.83
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—Low1,499109.371,6405thin
CowsBoner 80-85%Average1,35791.821,2469thin
CowsBreaker 75-80%Average1,42384.481,2023thin
CowsLean 85-90%Low1,11975.4784416

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 Stage (4-6 mo)Young (2-4 yrs)1,145$1,2602thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,270$1,1833thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,153$1,1432thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,170$1,0301thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,180$1,0001thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)975$8901thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,150$1,4002thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,275$1,3502thin

Every lot

67 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 · Steers24 lots · lightest first
Steers—Medium and Large 2313261.95/cwt260.00–264.008203
Steers—Medium and Large 3325251.52/cwt250.00–253.008172
Steers—Medium and Large 2350257.00/cwt257.00–257.009001
Steers—Medium and Large 3373250.48/cwt250.00–251.009342
Steers—Medium and Large 2431247.38/cwt244.00–251.001,0665
Steers—Medium and Large 1440254.00/cwt254.00–254.001,1181
Steers—Medium and Large 3450242.00/cwt241.00–243.001,0892
Steers—Medium and Large 1-2462259.00/cwt259.00–259.001,1975
Steers—Medium and Large 1466254.72/cwt253.00–258.001,1874
Steers—Medium and Large 2470246.00/cwt246.00–246.001,1561
Steers—Medium and Large 1509248.59/cwt245.00–253.001,2655
Steers—Medium and Large 2518229.49/cwt229.00–230.001,1892
Steers—Medium and Large 1-2533256.00/cwt256.00–256.001,36410
Steers—Medium and Large 2578238.68/cwt238.00–240.001,3803
Steers—Medium and Large 3585210.00/cwt210.00–210.001,2291
Steers—Medium and Large 2612220.20/cwt220.00–221.001,3485
Steers—Medium and Large 1623230.00/cwt230.00–230.001,43319
Steers—Medium and Large 1655230.00/cwt230.00–230.001,5072
Steers—Medium and Large 3680201.24/cwt197.00–210.001,3686
Steers—Medium and Large 2688222.00/cwt222.00–222.001,5274
Steers—Medium and Large 3725205.00/cwt205.00–205.001,4861
Steers—Medium and Large 1750230.00/cwt230.00–230.001,7251
Steers—Medium and Large 1800200.00/cwt200.00–200.001,6004
Steers—Medium and Large 1945185.00/cwt185.00–185.001,7481
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 2390228.00/cwt228.00–228.008891
Heifers—Medium and Large 3410196.00/cwt196.00–196.008041
Heifers—Medium and Large 2422209.37/cwt203.00–215.008843
Heifers—Medium and Large 1458228.08/cwt217.00–229.001,04514
Heifers—Medium and Large 2475206.48/cwt205.00–208.009812
Heifers—Medium and Large 3490190.00/cwt190.00–190.009311
Heifers—Medium and Large 1529219.00/cwt219.00–219.001,1596
Heifers—Medium and Large 2538201.50/cwt201.00–202.001,0842
Heifers—Medium and Large 3540184.01/cwt183.00–185.009942
Heifers—Medium and Large 2572197.61/cwt194.00–200.001,1303
Heifers—Medium and Large 1579222.00/cwt216.00–226.001,28554
Heifers—Medium and Large 2613186.02/cwt182.00–190.001,1402
Heifers—Medium and Large 1640201.00/cwt201.00–201.001,2861
Heifers—Medium and Large 1-2650232.00/cwt232.00–232.001,5089
Heifers—Medium and Large 1680205.00/cwt205.00–205.001,3941
Heifers—Medium and Large 2685185.00/cwt185.00–185.001,2671
Heifers—Medium and Large 1742207.00/cwt207.00–207.001,53625
Heifers—Medium and Large 1760210.00/cwt210.00–210.001,5961
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 2440220.00/cwt220.00–220.009681
Bulls—Medium and Large 1478228.34/cwt226.00–231.001,0913
Bulls—Medium and Large 1530203.00/cwt203.00–203.001,0761
Bulls—Medium and Large 3580180.00/cwt180.00–180.001,0442
Bulls—Medium and Large 2613179.00/cwt178.00–180.001,0972
Bulls—Medium and Large 2650170.00/cwt170.00–170.001,1051
Bulls—Medium and Large 2805110.00/cwt110.00–110.008861
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,417107.62/cwt105.00–109.001,5253
Bulls——1,623112.00/cwt112.00–112.001,8182
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%1,09465.44/cwt63.00–70.007165
Cows—Lean 85-90%1,12382.69/cwt80.50–86.009296
Cows—Lean 85-90%1,13876.82/cwt75.00–79.008745
Cows—Boner 80-85%1,32288.79/cwt87.00–91.001,1745
Cows—Boner 80-85%1,40195.61/cwt92.50–100.001,3394
Cows—Breaker 75-80%1,42384.48/cwt81.00–87.001,2023
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows—Medium and Large 3975890.00/head890.00–890.008901
Bred Cows—Medium and Large 21,0651,075.00/head1,075.00–1,075.001,0751
Bred Cows—Medium and Large 21,1401,050.00/head1,050.00–1,050.001,0501
Bred Cows—Medium and Large 11,1451,259.91/head1,250.00–1,270.001,2602
Bred Cows—Medium and Large 21,1701,030.00/head1,030.00–1,030.001,0301
Bred Cows—Medium and Large 21,1801,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 11,2401,210.00/head1,210.00–1,210.001,2101
Bred Cows—Medium and Large 11,3351,250.00/head1,200.00–1,300.001,2502
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1501,400.00/head1,400.00–1,400.001,4002
Cow-Calf Pairs—Medium and Large 11,2751,350.00/head1,350.00–1,350.001,3502

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.