Sale reports / Mississippi / Meridian Livestock Auction / 2024-02-12

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 12
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
378 head
▲ 152 vs last sale 226▲ 194 vs year ago 184 · +105.4%
Slaughter Cattle receipts
41 head
▼ 4 vs last sale 45▲ 20 vs year ago 21 · +95.2%
Replacement Cattle receipts
23 head
▼ 10 vs last sale 33▲ 19 vs year ago 4 · +475.0%
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Reporter comment USDA

As filed

Good day, the calf market is hot, feeder calves 2-5 higher. Had some light calves bring over 4 dollars a pound today. Slaughter cows and bulls 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 $331.56/cwt on 113 head.
Average price
$331.56
113 head · 471 lb average
Value per head Derived
$1,563
Price × average weight ÷ 100
Grade differential Derived
$84
per head · Medium and Large 1-2 over Medium and Large 3
$27.18/cwt at this weight
vs the market
+26.61
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2467345.381,61132
Medium and Large 1470335.881,58032
Medium and Large 2470321.441,51223
Medium and Large 3480318.201,52726
One grade step is worth $27.18/cwt here — about $84 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 sale113 hd
331.56
—
MS average13 barns · 1,271 hd
304.95
+26.61
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—Average1,545120.601,8636thin
CowsBoner 80-85%Low1,195106.751,2768thin
CowsBreaker 75-80%Average1,37999.291,3694thin
CowsLean 85-90%Average97987.448567thin

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 Stage (1-3 mo)Young (2-4 yrs)1,080$1,3001thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)973$1,2843thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)700$9751thin
Cow-Calf Pairs1st Stage (1-3 mo)Young (2-4 yrs)1,450$2,1252thin

Every lot

66 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 · Steers24 lots · lightest first
Steers—Medium and Large 1228403.80/cwt398.00–410.009212
Steers—Medium and Large 3235375.00/cwt375.00–375.008811
Steers—Medium and Large 3263373.99/cwt373.00–375.009842
Steers—Medium and Large 1275399.07/cwt398.00–400.001,0972
Steers—Medium and Large 2285379.85/cwt365.00–390.001,0833
Steers—Medium and Large 1300395.00/cwt395.00–395.001,1851
Steers—Medium and Large 2325370.73/cwt365.00–380.001,2055
Steers—Medium and Large 1360384.93/cwt380.00–390.001,3862
Steers—Medium and Large 2380370.07/cwt365.00–375.001,4062
Steers—Medium and Large 3385347.56/cwt345.00–350.001,3382
Steers—Medium and Large 1-2415370.00/cwt370.00–370.001,53621
Steers—Medium and Large 1419357.73/cwt350.00–363.001,4999
Steers—Medium and Large 2438338.40/cwt330.00–345.001,4823
Steers—Medium and Large 2476335.00/cwt335.00–335.001,5953
Steers—Medium and Large 3495325.00/cwt325.00–325.001,60914
Steers—Medium and Large 1505323.50/cwt320.00–324.001,6348
Steers—Medium and Large 3505285.00/cwt285.00–285.001,4391
Steers—Medium and Large 1-2523322.00/cwt322.00–322.001,6846
Steers—Medium and Large 1555300.00/cwt300.00–300.001,6654
Steers—Medium and Large 3585270.00/cwt270.00–270.001,5806
Steers—Medium and Large 1-2615270.00/cwt270.00–270.001,6615
Steers—Medium and Large 1628250.00/cwt250.00–250.001,5703
Steers—Medium and Large 2691234.24/cwt223.00–236.001,6197
Steers—Medium and Large 11,110220.00/cwt220.00–220.002,4421
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1230325.00/cwt325.00–325.007482
Heifers—Medium and Large 1270332.50/cwt330.00–335.008982
Heifers—Medium and Large 2275320.00/cwt320.00–320.008801
Heifers—Medium and Large 3300273.00/cwt273.00–273.008191
Heifers—Medium and Large 1339298.73/cwt295.00–299.001,01314
Heifers—Medium and Large 1375290.00/cwt290.00–290.001,0881
Heifers—Medium and Large 2378288.00/cwt288.00–288.001,08910
Heifers—Medium and Large 1425284.42/cwt280.00–290.001,2093
Heifers—Medium and Large 3435253.00/cwt253.00–253.001,1011
Heifers—Medium and Large 1456279.00/cwt279.00–279.001,27218
Heifers—Medium and Large 2468266.11/cwt262.00–270.001,2452
Heifers—Medium and Large 3475250.62/cwt248.00–255.001,1905
Heifers—Medium and Large 1-2507259.26/cwt258.00–265.001,31417
Heifers—Medium and Large 2510235.00/cwt235.00–235.001,1991
Heifers—Medium and Large 1518243.38/cwt240.00–250.001,2613
Heifers—Medium and Large 1610228.00/cwt228.00–228.001,3912
Heifers—Medium and Large 3630200.00/cwt200.00–200.001,2601
Heifers—Medium and Large 2720220.00/cwt220.00–220.001,5841
Heifers—Medium and Large 11,010200.00/cwt200.00–200.002,0201
Heifers—Medium and Large 21,169157.00/cwt157.00–157.001,8356
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 2465270.00/cwt270.00–270.001,2561
Bulls—Medium and Large 1530280.00/cwt280.00–280.001,4841
Bulls—Medium and Large 3535220.00/cwt220.00–220.001,1771
Bulls—Medium and Large 2545255.00/cwt255.00–255.001,3901
Bulls—Medium and Large 3580223.00/cwt223.00–223.001,2931
Bulls—Medium and Large 1600250.00/cwt250.00–250.001,5001
Bulls—Medium and Large 2735195.00/cwt195.00–195.001,4331
Bulls—Medium and Large 3820170.00/cwt170.00–170.001,3941
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,290107.00/cwt107.00–107.001,3801
Bulls——1,518122.59/cwt121.00–124.001,8612
Bulls——1,555129.20/cwt126.00–132.002,0092
Bulls——1,835113.00/cwt113.00–113.002,0741
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%95779.27/cwt75.00–82.007593
Cows—Lean 85-90%99693.57/cwt91.00–98.009324
Cows—Boner 80-85%1,185109.93/cwt109.00–111.001,3034
Cows—Boner 80-85%1,205103.56/cwt102.50–105.001,2484
Cows—Breaker 75-80%1,37999.29/cwt97.50–102.001,3694
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2700975.00/head975.00–975.009751
Bred Cows—Medium and Large 27701,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 11,0751,425.70/head1,400.00–1,450.001,4262
Bred Cows—Medium and Large 11,0801,300.00/head1,300.00–1,300.001,3001
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,4502,125.00/head2,125.00–2,125.002,1252

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.