Sale reports / Mississippi / Meridian Livestock Auction / 2023-11-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 27
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
484 head
▲ 254 vs last sale 230▲ 73 vs year ago 411 · +17.8%
Slaughter Cattle receipts
137 head
▲ 64 vs last sale 73▲ 69 vs year ago 68 · +101.5%
Replacement Cattle receipts
23 head
▼ 19 vs last sale 42▼ 35 vs year ago 58 · −60.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market number 1 feeder calves were steady. Not so trendy calves were 10-15 in spots cheaper. This is why it really pays to have good bulls on your cows. 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 $199.83/cwt on 63 head.
Average price
$199.83
63 head · 496 lb average
Value per head Derived
$990
Price × average weight ÷ 100
Grade differential Derived
$251
per head · Medium and Large 1-2 over Medium and Large 3
$28.16/cwt at this weight
vs the market
+0.49
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2516216.001,1154thin
Medium and Large 2484202.8398134
Medium and Large 1554198.091,09613thin
Medium and Large 3460187.8486412thin
One grade step is worth $28.16/cwt here — about $251 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 sale63 hd
199.83
—
MS average7 barns · 567 hd
199.34
+0.49
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—Average1,56598.411,5404thin
CowsBoner 80-85%Low1,19090.581,07814
CowsBreaker 75-80%Average1,45984.571,2344thin
CowsLean 85-90%Average93873.2568714

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)1,200$1,2001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,305$1,1751thin

Every lot

64 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 · Steers21 lots · lightest first
Steers—Medium and Large 1245293.00/cwt293.00–293.007181
Steers—Medium and Large 3325241.88/cwt240.00–244.007862
Steers—Medium and Large 2345261.50/cwt260.00–263.009022
Steers—Medium and Large 2372264.31/cwt260.00–270.009833
Steers—Medium and Large 3395253.00/cwt253.00–253.009991
Steers—Medium and Large 1410274.05/cwt270.00–278.001,1242
Steers—Medium and Large 3428239.03/cwt238.00–240.001,0232
Steers—Medium and Large 2434257.53/cwt253.00–261.001,1189
Steers—Medium and Large 2450258.00/cwt253.00–263.001,1612
Steers—Medium and Large 3472243.86/cwt233.00–249.001,1515
Steers—Medium and Large 2508232.51/cwt230.00–235.001,1812
Steers—Medium and Large 1521245.07/cwt242.00–251.001,2774
Steers—Medium and Large 3524216.74/cwt210.00–219.001,1366
Steers—Medium and Large 3560215.04/cwt205.00–220.001,2043
Steers—Medium and Large 2566234.21/cwt233.00–240.001,3269
Steers—Medium and Large 2605190.00/cwt190.00–190.001,1501
Steers—Medium and Large 1615217.52/cwt215.00–220.001,3382
Steers—Medium and Large 2650205.00/cwt205.00–205.001,3332
Steers—Medium and Large 3675170.00/cwt170.00–170.001,1481
Steers—Medium and Large 2715182.00/cwt182.00–182.001,3011
Steers—Medium and Large 1875180.00/cwt180.00–180.001,5751
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 3315208.50/cwt207.00–210.006572
Heifers—Medium and Large 2345225.00/cwt225.00–225.007761
Heifers—Medium and Large 2351225.13/cwt220.00–226.007907
Heifers—Medium and Large 3370212.50/cwt210.00–215.007862
Heifers—Medium and Large 2413207.29/cwt202.00–215.008563
Heifers—Medium and Large 3430190.00/cwt190.00–190.008172
Heifers—Medium and Large 1440220.00/cwt220.00–220.009681
Heifers—Medium and Large 1468225.06/cwt221.00–229.001,0532
Heifers—Medium and Large 3478181.03/cwt180.00–182.008652
Heifers—Medium and Large 2485212.94/cwt200.00–217.001,0339
Heifers—Medium and Large 3510170.00/cwt170.00–170.008671
Heifers—Medium and Large 1-2516216.00/cwt216.00–216.001,1154
Heifers—Medium and Large 1528190.00/cwt190.00–190.001,0032
Heifers—Medium and Large 2543185.00/cwt185.00–185.001,0058
Heifers—Medium and Large 1550195.00/cwt195.00–195.001,0731
Heifers—Medium and Large 2562181.67/cwt180.00–183.001,0213
Heifers—Medium and Large 3575170.00/cwt170.00–170.009781
Heifers—Medium and Large 1602190.00/cwt190.00–190.001,1447
Heifers—Medium and Large 2615180.00/cwt180.00–180.001,1072
Heifers—Medium and Large 3623165.02/cwt160.00–170.001,0282
Heifers—Medium and Large 2775172.00/cwt172.00–172.001,3331
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 2435223.00/cwt223.00–223.009701
Bulls—Medium and Large 2485221.67/cwt220.00–225.001,0753
Bulls—Medium and Large 1509222.25/cwt220.00–228.001,1314
Bulls—Medium and Large 3535188.00/cwt188.00–188.001,0061
Bulls—Medium and Large 2550215.00/cwt215.00–215.001,1831
Bulls—Medium and Large 3585185.00/cwt185.00–185.001,0821
Bulls—Medium and Large 1605180.00/cwt180.00–180.001,0891
Bulls—Medium and Large 2610175.00/cwt175.00–175.001,0681
Bulls—Medium and Large 3670168.00/cwt168.00–168.001,1261
Bulls—Medium and Large 2715175.00/cwt175.00–175.001,2511
Bulls—Medium and Large 3775155.00/cwt155.00–155.001,2011
Bulls—Medium and Large 2810160.00/cwt160.00–160.001,2961
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,51093.21/cwt90.00–96.001,4073
Bulls——1,730114.00/cwt114.00–114.001,9721
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%89364.07/cwt63.00–65.005722
Cows—Lean 85-90%89471.11/cwt68.00–74.006366
Cows—Lean 85-90%99778.44/cwt75.00–81.007826
Cows—Boner 80-85%1,11587.96/cwt84.00–91.509818
Cows—Boner 80-85%1,29194.07/cwt92.00–97.001,2146
Cows—Breaker 75-80%1,45984.57/cwt82.00–87.501,2344
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,2001,200.00/head1,200.00–1,200.001,2001
Bred Cows—Medium and Large 21,3051,175.00/head1,175.00–1,175.001,1751

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.