Sale reports / Mississippi / Meridian Livestock Auction / 2023-12-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Dec 4
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
390 head
▼ 94 vs last sale 484▼ 110 vs year ago 500 · −22.0%
Slaughter Cattle receipts
16 head
▼ 121 vs last sale 137▼ 19 vs year ago 35 · −54.3%
Replacement Cattle receipts
9 head
▼ 14 vs last sale 23▼ 16 vs year ago 25 · −64.0%
View

Reporter comment USDA

As filed

Good day, as compared to the last market light calves were 5- 10 higher, and steady on the others. Slaughter cattle were steady.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $231.83/cwt on 162 head.
Average price
$231.83
162 head · 564 lb average
Value per head Derived
$1,307
Price × average weight ÷ 100
Grade differential Derived
$253
per head · Medium and Large 1-2 over Medium and Large 3
$25.15/cwt at this weight
vs the market
−9.96
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2574241.571,38758
Medium and Large 2445238.661,06114thin
Medium and Large 1606229.381,39156
Medium and Large 3524216.411,13434
One grade step is worth $25.15/cwt here — about $253 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 sale162 hd
231.83
—
MS average13 barns · 1,065 hd
241.78
−9.96
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—Low1,255100.001,2551thin
CowsBoner 80-85%Average1,20786.751,0474thin
CowsLean 85-90%Average1,01876.557797thin

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)1,145$1,2352thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,190$1,1852thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)950$1,0001thin

Every lot

58 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 · Steers23 lots · lightest first
Steers—Medium and Large 1265285.28/cwt280.00–290.007562
Steers—Medium and Large 1305290.00/cwt290.00–290.008851
Steers—Medium and Large 2315270.24/cwt265.00–275.008515
Steers—Medium and Large 3330258.00/cwt258.00–258.008511
Steers—Medium and Large 3360256.55/cwt253.00–260.009242
Steers—Medium and Large 2405237.50/cwt235.00–240.009622
Steers—Medium and Large 1430250.00/cwt250.00–250.001,0751
Steers—Medium and Large 3442225.00/cwt225.00–225.009956
Steers—Medium and Large 1457254.00/cwt254.00–254.001,16114
Steers—Medium and Large 2460235.00/cwt235.00–235.001,0811
Steers—Medium and Large 3490232.00/cwt232.00–232.001,1371
Steers—Medium and Large 2502222.00/cwt222.00–222.001,1145
Steers—Medium and Large 1-2543248.00/cwt248.00–248.001,34727
Steers—Medium and Large 1556235.22/cwt229.00–236.001,3089
Steers—Medium and Large 3561210.00/cwt210.00–210.001,17823
Steers—Medium and Large 1-2567250.00/cwt250.00–250.001,41816
Steers—Medium and Large 1-2638221.00/cwt221.00–221.001,41015
Steers—Medium and Large 1668211.00/cwt211.00–211.001,4094
Steers—Medium and Large 1717216.00/cwt216.00–216.001,54920
Steers—Medium and Large 3725175.00/cwt175.00–175.001,2691
Steers—Medium and Large 1807190.75/cwt190.00–193.001,5394
Steers—Medium and Large 2870170.00/cwt170.00–170.001,4791
Steers—Medium and Large 11,050135.00/cwt135.00–135.001,4181
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1319258.18/cwt250.00–263.008244
Heifers—Medium and Large 3325234.00/cwt234.00–234.007611
Heifers—Medium and Large 2335243.00/cwt239.00–247.008142
Heifers—Medium and Large 2365241.61/cwt238.00–245.008823
Heifers—Medium and Large 3383232.06/cwt229.00–235.008892
Heifers—Medium and Large 1411214.29/cwt210.00–216.008816
Heifers—Medium and Large 1-2435220.00/cwt220.00–220.009578
Heifers—Medium and Large 2473201.03/cwt199.00–203.009512
Heifers—Medium and Large 1482214.43/cwt208.00–215.001,03429
Heifers—Medium and Large 1516191.50/cwt189.00–195.0098810
Heifers—Medium and Large 2520185.00/cwt185.00–185.009621
Heifers—Medium and Large 1-2530207.77/cwt205.00–209.001,10110
Heifers—Medium and Large 1570190.00/cwt190.00–190.001,0831
Heifers—Medium and Large 1632191.17/cwt190.00–196.001,2085
Heifers—Medium and Large 2733182.51/cwt182.00–183.001,3382
Heifers—Medium and Large 2758177.00/cwt177.00–177.001,3424
Heifers—Medium and Large 11,008125.00/cwt125.00–125.001,2602
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1418251.13/cwt248.00–255.001,0503
Bulls—Medium and Large 3422222.63/cwt220.00–225.009393
Bulls—Medium and Large 2439236.49/cwt230.00–240.001,0384
Bulls—Medium and Large 2468231.51/cwt231.00–232.001,0832
Bulls—Medium and Large 1515230.69/cwt227.00–235.001,1883
Bulls—Medium and Large 3533204.93/cwt200.00–210.001,0922
Bulls—Medium and Large 2605180.00/cwt180.00–180.001,0891
Bulls—Medium and Large 3670168.00/cwt168.00–168.001,1261
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,255100.00/cwt100.00–100.001,2551
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%84551.00/cwt51.00–51.004311
Cows—Lean 85-90%1,04577.75/cwt77.75–77.758121
Cows—Lean 85-90%1,04781.42/cwt80.00–84.008525
Cows—Boner 80-85%1,13090.00/cwt90.00–90.001,0171
Cows—Boner 80-85%1,23285.67/cwt85.00–86.501,0553
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 29501,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 21,1051,070.00/head1,070.00–1,070.001,0701
Bred Cows—Medium and Large 11,1851,400.00/head1,400.00–1,400.001,4001
Bred Cows—Medium and Large 11,1901,185.29/head1,150.00–1,220.001,1852

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.