Sale reports / Mississippi / Meridian Livestock Auction / 2023-10-30

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 30
● Final59 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
259 head
▼ 200 vs last sale 459▼ 302 vs year ago 561 · −53.8%
Slaughter Cattle receipts
49 head
▼ 24 vs last sale 73▲ 8 vs year ago 41 · +19.5%
Replacement Cattle receipts
27 head
▼ 7 vs last sale 34▲ 12 vs year ago 15 · +80.0%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 4-7 lower and slaughter cattle 3-5 lower.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $191.44/cwt on 36 head.
Average price
$191.44
36 head · 521 lb average
Value per head Derived
$998
Price × average weight ÷ 100
Grade differential Derived
−$247
per head · Medium and Large 2 over Medium and Large 1
$15.26/cwt at this weight
vs the market
−7.62
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2469197.7292721
Medium and Large 3460183.218434thin
Medium and Large 1643182.461,17311thin
One grade step is worth $15.26/cwt here — about −$247 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 sale36 hd
191.44
—
MS average12 barns · 761 hd
199.07
−7.62
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—Average1,552101.501,5755thin
CowsBoner 80-85%Average1,38886.501,2012thin
CowsBreaker 75-80%Average1,42580.171,1422thin
CowsLean 85-90%Very Low1,05176.3080214

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)1,258$1,1272thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,098$1,1182thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)950$1,0501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)953$8252thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,305$1,5002thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,232$1,3516

Every lot

59 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 · Steers14 lots · lightest first
Steers—Medium and Large 3325244.00/cwt243.00–245.007932
Steers—Medium and Large 2372252.04/cwt250.00–256.009383
Steers—Medium and Large 3377239.91/cwt235.00–245.009043
Steers—Medium and Large 1410268.99/cwt268.00–270.001,1032
Steers—Medium and Large 2428237.46/cwt235.00–240.001,0162
Steers—Medium and Large 2470240.00/cwt240.00–240.001,1281
Steers—Medium and Large 1515230.00/cwt230.00–230.001,1851
Steers—Medium and Large 2515211.26/cwt207.00–215.001,0885
Steers—Medium and Large 3535200.00/cwt200.00–200.001,0701
Steers—Medium and Large 2595215.00/cwt215.00–215.001,2791
Steers—Medium and Large 1610212.48/cwt210.00–215.001,2962
Steers—Medium and Large 2610202.00/cwt202.00–202.001,2321
Steers—Medium and Large 3655186.00/cwt186.00–186.001,2181
Steers—Medium and Large 1715211.00/cwt211.00–211.001,5091
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 2367211.08/cwt205.00–214.007758
Heifers—Medium and Large 3380200.00/cwt200.00–200.007601
Heifers—Medium and Large 1405209.00/cwt208.00–210.008462
Heifers—Medium and Large 3415180.00/cwt180.00–180.007471
Heifers—Medium and Large 2418194.03/cwt193.00–195.008112
Heifers—Medium and Large 2473195.24/cwt190.00–200.009232
Heifers—Medium and Large 3523176.42/cwt173.00–180.009232
Heifers—Medium and Large 2526187.18/cwt185.00–191.009855
Heifers—Medium and Large 1529195.17/cwt192.00–199.001,0326
Heifers—Medium and Large 2550191.00/cwt191.00–191.001,0511
Heifers—Medium and Large 2605188.00/cwt188.00–188.001,1371
Heifers—Medium and Large 1635195.00/cwt195.00–195.001,2381
Heifers—Medium and Large 2670185.02/cwt182.00–188.001,2402
Heifers—Medium and Large 11,095114.00/cwt114.00–114.001,2481
Heifers—Medium and Large 11,360109.00/cwt109.00–109.001,4821
Feeder Cattle · Bulls15 lots · lightest first
Bulls—Medium and Large 1421257.83/cwt255.00–262.001,0855
Bulls—Medium and Large 2428239.26/cwt236.00–242.001,0243
Bulls—Medium and Large 2460232.00/cwt232.00–232.001,0671
Bulls—Medium and Large 3475208.79/cwt204.00–214.009922
Bulls—Medium and Large 1533197.49/cwt197.00–198.001,0532
Bulls—Medium and Large 2540190.00/cwt190.00–190.001,0261
Bulls—Medium and Large 2550193.00/cwt193.00–193.001,0621
Bulls—Medium and Large 1563202.02/cwt201.00–203.001,1372
Bulls—Medium and Large 3578182.01/cwt180.00–184.001,0522
Bulls—Medium and Large 1605187.17/cwt187.00–188.001,1326
Bulls—Medium and Large 2640183.00/cwt183.00–183.001,1711
Bulls—Medium and Large 3660170.00/cwt170.00–170.001,1221
Bulls—Medium and Large 1710185.00/cwt185.00–185.001,3141
Bulls—Medium and Large 3730173.00/cwt173.00–173.001,2631
Bulls—Medium and Large 1955120.00/cwt120.00–120.001,1461
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,44395.35/cwt94.50–96.001,3762
Bulls——1,625105.60/cwt103.00–108.001,7163
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%98067.69/cwt65.00–72.006634
Cows—Lean 85-90%1,04175.76/cwt74.00–78.007894
Cows—Lean 85-90%1,10482.41/cwt80.00–85.009106
Cows—Boner 80-85%1,38886.50/cwt86.00–87.001,2012
Cows—Breaker 75-80%1,42580.17/cwt78.00–82.001,1422
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 19501,050.00/head1,050.00–1,050.001,0501
Bred Cows—Medium and Large 2953824.67/head800.00–850.008252
Bred Cows—Medium and Large 2990910.00/head910.00–910.009101
Bred Cows—Medium and Large 11,2051,325.00/head1,325.00–1,325.001,3251
Bred Cows—Medium and Large 11,2581,126.64/head1,100.00–1,150.001,1272
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,1451,150.00/head1,150.00–1,150.001,1502
Cow-Calf Pairs—Medium and Large 11,2751,450.78/head1,350.00–1,550.001,4514
Cow-Calf Pairs—Medium and Large 11,3051,500.00/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.