Sale reports / Mississippi / Meridian Livestock Auction / 2023-01-09

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 9
● Final60 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
262 head
44 vs last sale 218 148 vs year ago 114 · +129.8%
Slaughter Cattle receipts
40 head
6 vs last sale 46 15 vs year ago 25 · +60.0%
Replacement Cattle receipts
38 head
81 vs last sale 119 3 vs year ago 35 · +8.6%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-10 higher. Slaughter cows were 5-9 higher and bulls steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $182.01/cwt on 96 head.
Average price
$182.01
96 head · 589 lb average
Value per head Derived
$1,072
Price × average weight ÷ 100
Grade differential Derived
$119
per head · Medium and Large 1 over Medium and Large 3
$26.27/cwt at this weight
vs the market
4.43
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1522192.271,00431
Medium and Large 2515180.4092824
Medium and Large 1-2696175.921,22438
Medium and Large 3533166.008853thin
One grade step is worth $26.27/cwt here — about $119 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 sale96 hd
182.01
MS average7 barns · 906 hd
186.44
−4.43
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
BullsAverage1,51394.451,4293thin
CowsBoner 80-85%Average1,18574.9488811
CowsBreaker 75-80%Average1,40372.141,0125thin
CowsLean 85-90%Average1,06556.796059thin

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)1,190$1,3882thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,255$1,1792thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,168$1,0452thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,285$1,2502thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,309$1,1398

Every lot, as filed

60 lots · USDA AMS · Meridian Stockyard - Meridian, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1-2735159.00/cwt159.00–159.001,16917
HeifersMedium and Large 1290196.00/cwt196.00–196.005681
SteersMedium and Large 2513172.49/cwt170.00–175.008852
SteersMedium and Large 1525185.42/cwt182.00–190.009737
SteersMedium and Large 1461207.22/cwt200.00–209.009555
SteersMedium and Large 1371214.37/cwt208.00–219.007955
SteersMedium and Large 1730159.34/cwt158.00–160.001,1633
SteersMedium and Large 1323212.83/cwt208.00–217.006873
SteersMedium and Large 2345189.00/cwt189.00–189.006521
SteersMedium and Large 1-2750170.00/cwt170.00–170.001,27523
SteersMedium and Large 3730145.00/cwt145.00–145.001,0591
SteersMedium and Large 3480170.00/cwt170.00–170.008161
SteersMedium and Large 2463189.51/cwt183.00–196.008774
SteersMedium and Large 3390183.00/cwt183.00–183.007141
SteersMedium and Large 1868158.97/cwt155.00–163.001,3802
SteersMedium and Large 1413208.50/cwt208.00–209.008612
SteersMedium and Large 2430189.92/cwt182.00–196.008175
SteersMedium and Large 1755166.00/cwt166.00–166.001,2531
SteersMedium and Large 2375191.97/cwt190.00–193.007203
SteersMedium and Large 1605181.00/cwt181.00–181.001,0951
SteersMedium and Large 1585181.00/cwt181.00–181.001,0591
SteersMedium and Large 1685175.00/cwt175.00–175.001,1991
SteersMedium and Large 2650168.00/cwt168.00–168.001,0929
SteersMedium and Large 1-2612185.00/cwt185.00–185.001,13215
BullsMedium and Large 3455150.00/cwt150.00–150.006831
BullsMedium and Large 2705130.00/cwt130.00–130.009171
BullsMedium and Large 2645137.00/cwt137.00–137.008841
BullsMedium and Large 2510155.00/cwt155.00–155.007911
BullsMedium and Large 1530164.00/cwt164.00–164.008691
BullsMedium and Large 1430175.00/cwt175.00–175.007531
HeifersMedium and Large 1556165.94/cwt160.00–167.009237
HeifersMedium and Large 1610156.00/cwt156.00–156.009521
HeifersMedium and Large 1655155.00/cwt155.00–155.001,0151
HeifersMedium and Large 1514164.99/cwt164.00–166.008486
HeifersMedium and Large 2585155.00/cwt155.00–155.009071
HeifersMedium and Large 1-2625162.00/cwt162.00–162.001,0139
HeifersMedium and Large 2525156.44/cwt155.00–158.008212
HeifersMedium and Large 2431164.76/cwt162.00–170.007104
HeifersMedium and Large 1735145.00/cwt145.00–145.001,0661
HeifersMedium and Large 1325181.71/cwt180.00–183.005913
BullsMedium and Large 3440155.00/cwt155.00–155.006821
HeifersMedium and Large 1420183.34/cwt179.00–188.007702
HeifersMedium and Large 2333173.04/cwt172.00–174.005762
HeifersMedium and Large 2382169.96/cwt164.00–174.006495
HeifersMedium and Large 2450164.00/cwt164.00–164.007381
HeifersMedium and Large 3575138.00/cwt138.00–138.007941
Cow-Calf PairsMedium and Large 11,2851,250.00/head1,250.00–1,250.001,2502
Cow-Calf PairsMedium and Large 11,3501,228.61/head1,200.00–1,250.001,2294
Cow-Calf PairsMedium and Large 21,2681,050.00/head1,050.00–1,050.001,0504
Bred CowsMedium and Large 11,2551,178.82/head1,080.00–1,285.001,1792
Bred CowsMedium and Large 11,1901,387.87/head1,370.00–1,405.001,3882
Bred CowsMedium and Large 11,4351,250.00/head1,250.00–1,250.001,2501
Bred CowsMedium and Large 2900840.00/head840.00–840.008401
Bulls1,730100.00/cwt100.00–100.001,7301
Bulls1,40591.68/cwt90.00–93.001,2882
CowsBoner 80-85%1,18574.94/cwt72.00–78.0088811
CowsBreaker 75-80%1,40372.14/cwt70.00–75.001,0125
CowsLean 85-90%1,16864.28/cwt60.00–66.507515
CowsLean 85-90%94849.24/cwt47.50–51.004673
CowsLean 85-90%90542.00/cwt42.00–42.003801

How this sale compares

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.