Sale reports / Mississippi / Meridian Livestock Auction / 2024-02-05

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-02-05
Creator: RaisedBeef
Published: 2024-02-05

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 5

● Final57 lots reportedUSDA AMS · slug 2112

← Jan 29Feb 5Feb 12 →

Feeder Cattle receipts

226 head

▼ 44 vs last sale 270▼ 11 vs year ago 237 · −4.6%

Slaughter Cattle receipts

45 head

▲ 18 vs last sale 27▲ 27 vs year ago 18 · +150.0%

Replacement Cattle receipts

33 head

▲ 19 vs last sale 14▲ 3 vs year ago 30 · +10.0%

View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-10 higher, didn't have the weaned calves like last week. Slaughter cattle and bulls were steady, the cows weren't as good as last sale either.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $291.04/cwt on 42 head.

Average price

$291.04

42 head · 488 lb average

Value per head Derived

$1,419

Price × average weight ÷ 100

Grade differential Derived

−$201

per head · Medium and Large 1 over Medium and Large 2

$54.80/cwt at this weight

vs the market

+10.32

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	406	325.60	1,321	15thin
Medium and Large 3	476	273.94	1,303	9thin
Medium and Large 2	562	270.80	1,522	18thin

One grade step is worth $54.80/cwt here — about −$201 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 sale42 hd

291.04

—

MS average13 barns · 1,409 hd

280.72

+10.32

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,752	125.69	2,201	4thin
Cows	Boner 80-85%	Low	1,036	108.41	1,123	8thin
Cows	Breaker 75-80%	Average	1,403	100.48	1,410	2thin
Cows	Lean 85-90%	Average	838	81.33	682	3thin

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	910	$1,450	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	865	$1,000	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	715	$925	1thin

Every lot

57 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers18 lots · lightest first
Steers	—	Medium and Large 3	245	320.00/cwt	320.00–320.00	784	1
Steers	—	Medium and Large 2	265	341.75/cwt	335.00–348.00	906	2
Steers	—	Medium and Large 1	266	360.26/cwt	358.00–363.00	958	4
Steers	—	Medium and Large 1	305	350.00/cwt	350.00–350.00	1,068	1
Steers	—	Medium and Large 3	335	325.00/cwt	325.00–325.00	1,089	1
Steers	—	Medium and Large 3	350	320.00/cwt	320.00–320.00	1,120	1
Steers	—	Medium and Large 1	365	347.40/cwt	345.00–350.00	1,268	2
Steers	—	Medium and Large 2	383	337.58/cwt	335.00–340.00	1,293	2
Steers	—	Medium and Large 1	408	327.48/cwt	325.00–330.00	1,336	2
Steers	—	Medium and Large 3	420	300.00/cwt	300.00–300.00	1,260	1
Steers	—	Medium and Large 1	460	323.96/cwt	320.00–328.00	1,490	2
Steers	—	Medium and Large 2	463	313.66/cwt	313.00–315.00	1,452	3
Steers	—	Medium and Large 3	495	290.00/cwt	290.00–290.00	1,436	1
Steers	—	Medium and Large 1	523	275.08/cwt	270.00–280.00	1,439	3
Steers	—	Medium and Large 3	609	227.61/cwt	225.00–235.00	1,386	4
Steers	—	Medium and Large 2	626	247.82/cwt	240.00–251.00	1,551	7
Steers	—	Medium and Large 1	680	270.00/cwt	270.00–270.00	1,836	1
Steers	—	Medium and Large 2	762	210.00/cwt	210.00–210.00	1,600	4
Feeder Cattle · Heifers20 lots · lightest first
Heifers	—	Medium and Large 2	250	300.00/cwt	300.00–300.00	750	1
Heifers	—	Medium and Large 1	286	310.69/cwt	305.00–315.00	889	4
Heifers	—	Medium and Large 3	300	275.00/cwt	275.00–275.00	825	1
Heifers	—	Medium and Large 1	317	302.30/cwt	300.00–305.00	958	3
Heifers	—	Medium and Large 2	340	288.00/cwt	288.00–288.00	979	1
Heifers	—	Medium and Large 2	395	280.00/cwt	280.00–280.00	1,106	1
Heifers	—	Medium and Large 2	410	263.00/cwt	263.00–263.00	1,078	1
Heifers	—	Medium and Large 1	428	274.55/cwt	270.00–278.00	1,175	4
Heifers	—	Medium and Large 3	440	248.00/cwt	248.00–248.00	1,091	1
Heifers	—	Medium and Large 2	469	259.17/cwt	255.00–260.00	1,216	6
Heifers	—	Medium and Large 3	480	244.95/cwt	240.00–250.00	1,176	2
Heifers	—	Medium and Large 2	525	233.44/cwt	232.00–235.00	1,226	2
Heifers	—	Medium and Large 1	530	243.00/cwt	243.00–243.00	1,288	1
Heifers	—	Medium and Large 3	530	220.00/cwt	220.00–220.00	1,166	1
Heifers	—	Medium and Large 1	555	240.00/cwt	240.00–240.00	1,332	1
Heifers	—	Medium and Large 2	625	214.10/cwt	210.00–218.00	1,338	2
Heifers	—	Medium and Large 1	635	228.00/cwt	228.00–228.00	1,448	1
Heifers	—	Medium and Large 1	660	220.00/cwt	220.00–220.00	1,452	1
Heifers	—	Medium and Large 2	660	200.00/cwt	200.00–200.00	1,320	5
Heifers	—	Medium and Large 2	805	180.00/cwt	180.00–180.00	1,449	1
Feeder Cattle · Bulls7 lots · lightest first
Bulls	—	Medium and Large 2	465	260.00/cwt	260.00–260.00	1,209	1
Bulls	—	Medium and Large 1	475	275.00/cwt	275.00–275.00	1,306	1
Bulls	—	Medium and Large 1	568	262.62/cwt	260.00–265.00	1,492	3
Bulls	—	Medium and Large 2	590	250.00/cwt	250.00–250.00	1,475	1
Bulls	—	Medium and Large 3	655	190.00/cwt	190.00–190.00	1,245	1
Bulls	—	Medium and Large 2	665	210.00/cwt	210.00–210.00	1,397	1
Bulls	—	Medium and Large 1	730	230.00/cwt	230.00–230.00	1,679	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,408	120.34/cwt	118.00–123.00	1,694	2
Bulls	—	—	2,095	131.03/cwt	130.00–132.00	2,745	2
Slaughter Cattle · Cows7 lots · lightest first
Cows	—	Lean 85-90%	770	63.00/cwt	63.00–63.00	485	1
Cows	—	Lean 85-90%	860	85.00/cwt	85.00–85.00	731	1
Cows	—	Lean 85-90%	885	96.00/cwt	96.00–96.00	850	1
Cows	—	Boner 80-85%	921	103.16/cwt	99.00–106.00	950	4
Cows	—	Boner 80-85%	1,070	123.00/cwt	123.00–123.00	1,316	1
Cows	—	Boner 80-85%	1,177	110.55/cwt	107.00–115.00	1,301	3
Cows	—	Breaker 75-80%	1,403	100.48/cwt	100.00–101.00	1,410	2
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 2	715	925.00/head	925.00–925.00	925	1
Bred Cows	—	Medium and Large 2	865	1,000.00/head	1,000.00–1,000.00	1,000	1
Bred Cows	—	Medium and Large 1	910	1,450.00/head	1,450.00–1,450.00	1,450	1

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Feb 5, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 226Last week 270Year ago 237

Slaughter CattleReceipts 45Last week 27Year ago 18

Replacement CattleReceipts 33Last week 14Year ago 30

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	525	232.00–235.00	233.44
1	—	410	263.00	263.00
6	—	469	255.00–260.00	259.17
1	—	395	280.00	280.00
1	—	340	288.00	288.00
1	—	250	300.00	300.00
1	—	805	180.00	180.00
5	—	660	200.00	200.00
2	—	625	210.00–218.00	214.10

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	300	275.00	275.00
1	—	530	220.00	220.00
1	—	440	248.00	248.00
2	—	480	240.00–250.00	244.95

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	635	228.00	228.00
1	—	555	240.00	240.00
1	—	530	243.00	243.00
4	—	286	305.00–315.00	310.69
3	—	317	300.00–305.00	302.30
1	—	660	220.00	220.00
4	—	428	270.00–278.00	274.55

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	365	345.00–350.00	347.40
2	—	460	320.00–328.00	323.96
2	—	408	325.00–330.00	327.48
4	—	266	358.00–363.00	360.26
3	—	523	270.00–280.00	275.08
1	—	680	270.00	270.00
1	—	305	350.00	350.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
4	—	609	225.00–235.00	227.61
1	—	495	290.00	290.00
1	—	420	300.00	300.00
1	—	350	320.00	320.00
1	—	335	325.00	325.00
1	—	245	320.00	320.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	383	335.00–340.00	337.58
2	—	265	335.00–348.00	341.75
7	—	626	240.00–251.00	247.82
4	—	762	210.00	210.00
3	—	463	313.00–315.00	313.66

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	665	210.00	210.00
1	—	590	250.00	250.00
1	—	465	260.00	260.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	655	190.00	190.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	568	260.00–265.00	262.62
1	—	730	230.00	230.00
1	—	475	275.00	275.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	921	99.00–106.00	103.16
1	—	1,070	123.00	123.00
3	—	1,177	107.00–115.00	110.55

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	885	96.00	96.00
1	—	770	63.00	63.00
1	—	860	85.00	85.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,403	100.00–101.00	100.48

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,408	118.00–123.00	120.34
2	—	2,095	130.00–132.00	131.03

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	865	1,000.00	1,000.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	715	925.00	925.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	910	1,450.00	1,450.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.