Sale reports / Mississippi / Meridian Livestock Auction / 2023-11-06

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 6
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
360 head
▲ 101 vs last sale 259▼ 70 vs year ago 430 · −16.3%
Slaughter Cattle receipts
126 head
▲ 77 vs last sale 49▲ 73 vs year ago 53 · +137.7%
Replacement Cattle receipts
22 head
▼ 5 vs last sale 27▼ 34 vs year ago 56 · −60.7%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-12 higher and slaughter cattle were 2-5 higher.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $250.45/cwt on 76 head.
Average price
$250.45
76 head · 503 lb average
Value per head Derived
$1,259
Price × average weight ÷ 100
Grade differential Derived
−$53
per head · Medium and Large 1-2 over Medium and Large 1
$10.63/cwt at this weight
vs the market
+10.88
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2511257.191,31410thin
Medium and Large 2455253.911,15522
Medium and Large 3478248.161,18517thin
Medium and Large 1554246.561,36727
One grade step is worth $10.63/cwt here — about −$53 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 sale76 hd
250.45
—
MS average13 barns · 805 hd
239.57
+10.88
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—Low1,517110.551,6779thin
CowsBoner 80-85%Low1,31189.721,17612
CowsBreaker 75-80%Average1,41784.211,1933thin
CowsLean 85-90%Very Low1,09474.6081614

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 Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,050$1,1001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,315$1,3814thin

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 · Steers25 lots · lightest first
Steers—Medium and Large 2318272.55/cwt270.00–278.008673
Steers—Medium and Large 3335255.00/cwt255.00–255.008541
Steers—Medium and Large 1338287.52/cwt285.00–290.009722
Steers—Medium and Large 1370283.22/cwt280.00–288.001,0484
Steers—Medium and Large 3375250.00/cwt250.00–250.009381
Steers—Medium and Large 2379270.84/cwt265.00–278.001,0265
Steers—Medium and Large 1420280.82/cwt278.00–285.001,1794
Steers—Medium and Large 2422265.73/cwt260.00–268.001,1217
Steers—Medium and Large 3430255.00/cwt255.00–255.001,0972
Steers—Medium and Large 1460280.00/cwt280.00–280.001,2881
Steers—Medium and Large 3479257.66/cwt255.00–258.001,2349
Steers—Medium and Large 1-2511257.19/cwt256.00–260.001,31410
Steers—Medium and Large 1511247.99/cwt243.00–253.001,2674
Steers—Medium and Large 3535217.00/cwt217.00–217.001,1611
Steers—Medium and Large 2540238.03/cwt235.00–241.001,2852
Steers—Medium and Large 3568222.62/cwt216.00–227.001,2643
Steers—Medium and Large 2570235.97/cwt235.00–237.001,3452
Steers—Medium and Large 2605210.00/cwt210.00–210.001,2711
Steers—Medium and Large 1620220.00/cwt220.00–220.001,3641
Steers—Medium and Large 1655221.51/cwt220.00–223.001,4512
Steers—Medium and Large 2675200.00/cwt200.00–200.001,3501
Steers—Medium and Large 2705196.00/cwt196.00–196.001,3821
Steers—Medium and Large 1715215.00/cwt215.00–215.001,5376
Steers—Medium and Large 1750200.00/cwt200.00–200.001,5001
Steers—Medium and Large 1830200.53/cwt195.00–206.001,6642
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 2325218.09/cwt216.00–220.007092
Heifers—Medium and Large 3338207.56/cwt205.00–210.007022
Heifers—Medium and Large 1355228.00/cwt228.00–228.008092
Heifers—Medium and Large 2379217.80/cwt216.00–221.008255
Heifers—Medium and Large 3390203.03/cwt201.00–205.007922
Heifers—Medium and Large 2428212.18/cwt210.00–215.009085
Heifers—Medium and Large 3431194.91/cwt190.00–200.008404
Heifers—Medium and Large 1440220.34/cwt218.00–224.009693
Heifers—Medium and Large 1463223.63/cwt218.00–226.001,0358
Heifers—Medium and Large 2470207.47/cwt205.00–210.009752
Heifers—Medium and Large 1525212.67/cwt211.00–214.001,1173
Heifers—Medium and Large 2538206.42/cwt201.00–209.001,1115
Heifers—Medium and Large 1560218.00/cwt218.00–218.001,2211
Heifers—Medium and Large 2570202.72/cwt198.00–208.001,1564
Heifers—Medium and Large 3580186.03/cwt182.00–190.001,0792
Heifers—Medium and Large 2610190.00/cwt190.00–190.001,1591
Heifers—Medium and Large 1680204.27/cwt200.00–205.001,3897
Heifers—Medium and Large 2783187.52/cwt185.00–190.001,4682
Heifers—Medium and Large 11,010172.00/cwt172.00–172.001,7371
Heifers—Medium and Large 11,050166.00/cwt166.00–166.001,7431
Feeder Cattle · Bulls15 lots · lightest first
Bulls—Medium and Large 1425240.00/cwt240.00–240.001,0201
Bulls—Medium and Large 2480238.00/cwt238.00–238.001,1421
Bulls—Medium and Large 1485245.00/cwt245.00–245.001,1881
Bulls—Medium and Large 3505200.00/cwt200.00–200.001,0101
Bulls—Medium and Large 1513222.02/cwt216.00–225.001,1393
Bulls—Medium and Large 2525213.00/cwt213.00–213.001,1181
Bulls—Medium and Large 2555210.00/cwt210.00–210.001,1661
Bulls—Medium and Large 3585200.00/cwt200.00–200.001,1701
Bulls—Medium and Large 3605180.00/cwt180.00–180.001,0891
Bulls—Medium and Large 1615200.00/cwt200.00–200.001,2303
Bulls—Medium and Large 2620184.00/cwt184.00–184.001,1411
Bulls—Medium and Large 3650172.00/cwt172.00–172.001,1181
Bulls—Medium and Large 3745178.00/cwt178.00–178.001,3261
Bulls—Medium and Large 1925112.55/cwt110.00–115.001,0412
Bulls—Medium and Large 11,105110.00/cwt110.00–110.001,2161
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,509107.36/cwt102.50–110.001,6206
Bulls——1,532116.94/cwt114.00–121.001,7923
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%99057.79/cwt55.00–60.005722
Cows—Lean 85-90%1,00971.19/cwt68.00–75.507184
Cows—Lean 85-90%1,16280.50/cwt77.00–84.009358
Cows—Boner 80-85%1,21487.85/cwt85.00–90.501,0668
Cows—Breaker 75-80%1,41784.21/cwt82.50–85.001,1933
Cows—Boner 80-85%1,50593.47/cwt91.00–97.001,4074
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,0501,100.00/head1,100.00–1,100.001,1001
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,3151,380.68/head1,350.00–1,410.001,3814

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.