Sale reports / Mississippi / Meridian Livestock Auction / 2024-01-08

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 8
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
365 head
▼ 162 vs last sale 527▲ 103 vs year ago 262 · +39.3%
Slaughter Cattle receipts
46 head
▲ 3 vs last sale 43▲ 6 vs year ago 40 · +15.0%
Replacement Cattle receipts
31 head
▲ 27 vs last sale 4▼ 7 vs year ago 38 · −18.4%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cattle were steady. Sold some really nice groups of weaned calves today.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $251.31/cwt on 108 head.
Average price
$251.31
108 head · 564 lb average
Value per head Derived
$1,419
Price × average weight ÷ 100
Grade differential Derived
$28
per head · Medium and Large 1 over Medium and Large 2
$11.71/cwt at this weight
vs the market
+0.41
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1556258.901,44031
Medium and Large 3508250.561,27415thin
Medium and Large 1-2634250.001,58511thin
Medium and Large 2571247.191,41251
One grade step is worth $11.71/cwt here — about $28 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 sale108 hd
251.31
—
MS average6 barns · 481 hd
250.90
+0.41
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—Average1,700113.151,9246thin
CowsBoner 80-85%Low1,19891.531,0979thin
CowsLean 85-90%Average1,08476.118259thin

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)1,107$1,1903thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,185$1,1432thin

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 2275293.00/cwt293.00–293.008061
Steers—Medium and Large 1276316.99/cwt313.00–320.008754
Steers—Medium and Large 1318311.53/cwt308.00–315.009912
Steers—Medium and Large 2318305.00/cwt305.00–305.009701
Steers—Medium and Large 2367297.72/cwt295.00–300.001,0933
Steers—Medium and Large 3375281.67/cwt278.00–285.001,0565
Steers—Medium and Large 1418280.49/cwt280.00–281.001,1722
Steers—Medium and Large 3425250.00/cwt250.00–250.001,0631
Steers—Medium and Large 2432271.34/cwt265.00–275.001,1725
Steers—Medium and Large 1460290.00/cwt290.00–290.001,3341
Steers—Medium and Large 3470260.00/cwt260.00–260.001,2221
Steers—Medium and Large 2474270.34/cwt268.00–273.001,2815
Steers—Medium and Large 1518268.44/cwt264.00–270.001,3917
Steers—Medium and Large 3529244.24/cwt240.00–249.001,2924
Steers—Medium and Large 2534258.61/cwt251.00–260.001,38112
Steers—Medium and Large 3560243.00/cwt243.00–243.001,3611
Steers—Medium and Large 2571256.26/cwt254.00–258.001,4634
Steers—Medium and Large 1628232.63/cwt228.00–237.001,4612
Steers—Medium and Large 2628219.65/cwt218.00–221.001,3793
Steers—Medium and Large 1-2634250.00/cwt250.00–250.001,58511
Steers—Medium and Large 1670232.17/cwt231.00–235.001,55610
Steers—Medium and Large 1720220.00/cwt220.00–220.001,5841
Steers—Medium and Large 2725212.94/cwt212.00–213.001,54417
Steers—Medium and Large 3726206.72/cwt200.00–210.001,5013
Steers—Medium and Large 1950199.00/cwt199.00–199.001,8912
Feeder Cattle · Heifers25 lots · lightest first
Heifers—Medium and Large 2290250.00/cwt250.00–250.007251
Heifers—Medium and Large 2322258.66/cwt253.00–263.008333
Heifers—Medium and Large 1345276.50/cwt275.00–278.009542
Heifers—Medium and Large 2350258.00/cwt258.00–258.009031
Heifers—Medium and Large 3378249.61/cwt245.00–255.009446
Heifers—Medium and Large 1380268.00/cwt268.00–268.001,0181
Heifers—Medium and Large 1424243.94/cwt240.00–248.001,0344
Heifers—Medium and Large 2425235.98/cwt232.00–239.001,0033
Heifers—Medium and Large 1-2445253.00/cwt253.00–253.001,1263
Heifers—Medium and Large 2465235.29/cwt231.00–239.001,0943
Heifers—Medium and Large 3490215.00/cwt215.00–215.001,0541
Heifers—Medium and Large 3525207.92/cwt206.00–210.001,0922
Heifers—Medium and Large 2528223.92/cwt220.00–231.001,1824
Heifers—Medium and Large 1534238.45/cwt235.00–244.001,27319
Heifers—Medium and Large 1614213.57/cwt213.00–218.001,31121
Heifers—Medium and Large 2615193.00/cwt193.00–193.001,1871
Heifers—Medium and Large 2742188.32/cwt187.00–195.001,3976
Heifers—Medium and Large 1815179.00/cwt179.00–179.001,4591
Heifers—Medium and Large 1853173.99/cwt171.00–177.001,4842
Heifers—Medium and Large 1920189.00/cwt189.00–189.001,7391
Heifers—Medium and Large 11,085129.00/cwt129.00–129.001,4001
Heifers—Medium and Large 11,183130.01/cwt128.00–132.001,5382
Heifers—Medium and Large 11,210132.00/cwt132.00–132.001,5971
Heifers—Medium and Large 21,310120.00/cwt120.00–120.001,5721
Heifers—Medium and Large 11,390124.00/cwt124.00–124.001,7241
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 1415273.98/cwt273.00–275.001,1372
Bulls—Medium and Large 2473254.54/cwt252.00–257.001,2042
Bulls—Medium and Large 3495231.00/cwt231.00–231.001,1431
Bulls—Medium and Large 1525240.00/cwt240.00–240.001,2601
Bulls—Medium and Large 2575220.00/cwt220.00–220.001,2651
Bulls—Medium and Large 1645216.00/cwt216.00–216.001,3931
Bulls—Medium and Large 2655199.00/cwt199.00–199.001,3031
Bulls—Medium and Large 1670208.00/cwt208.00–208.001,3941
Bulls—Medium and Large 1725203.00/cwt203.00–203.001,4721
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,413105.51/cwt105.00–106.001,4912
Bulls——1,778114.76/cwt114.50–115.002,0402
Bulls——1,910119.18/cwt117.50–121.002,2762
Slaughter Cattle · Cows5 lots · lightest first
Cows—Boner 80-85%99289.01/cwt88.00–90.008833
Cows—Lean 85-90%1,02366.12/cwt64.00–70.006763
Cows—Lean 85-90%1,08076.47/cwt74.00–80.008262
Cows—Lean 85-90%1,13183.43/cwt81.50–86.009444
Cows—Boner 80-85%1,30192.79/cwt91.00–95.001,2076
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,1071,190.34/head1,100.00–1,300.001,1903
Bred Cows—Medium and Large 11,1201,100.00/head1,100.00–1,100.001,1001
Bred Cows—Medium and Large 11,2501,185.00/head1,185.00–1,185.001,1851

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.