Name: Meridian Livestock Auction livestock auction prices — 2023-01-23
Creator: RaisedBeef
Published: 2023-01-23

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-5 higher and slaughter cows and bulls were steady. Just a small gathering of cattle today due to all the rain.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $156.12/cwt on 32 head.

Average price

$156.12

32 head · 497 lb average

Value per head Derived

$775

Price × average weight ÷ 100

Grade differential Derived

$136

per head · Medium and Large 1 over Medium and Large 3

$26.19/cwt at this weight

vs the market

−1.34

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	480	165.53	795	11thin
Medium and Large 1-2	574	162.71	935	7thin
Medium and Large 2	469	147.10	690	11thin
Medium and Large 3	473	139.33	660	3thin

One grade step is worth $26.19/cwt here — about $136 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 sale32 hd

156.12

—

MS average13 barns · 1,172 hd

157.46

−1.34

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	—	Average	1,773	93.25	1,653	2thin
Cows	Boner 80-85%	Average	1,175	74.05	870	5thin
Cows	Lean 85-90%	Very Low	953	62.83	599	11

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)	1,078	$820	3thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,015	$900	2thin

Every lot, as filed

42 lots · USDA AMS · Meridian Stockyard - Meridian, MS

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Bulls	Medium and Large 1	—	480	175.00/cwt	175.00–175.00	840	1
Bulls	Medium and Large 1	—	510	172.00/cwt	172.00–172.00	877	1
Bulls	Medium and Large 2	—	480	166.00/cwt	166.00–166.00	797	1
Bulls	Medium and Large 2	—	585	152.00/cwt	152.00–152.00	889	1
Bulls	Medium and Large 3	—	590	143.00/cwt	143.00–143.00	844	1
Heifers	Medium and Large 2	—	523	141.51/cwt	140.00–143.00	740	2
Steers	Medium and Large 1	—	323	195.99/cwt	195.00–197.00	633	2
Steers	Medium and Large 2	—	323	182.64/cwt	180.00–185.00	590	2
Steers	Medium and Large 2	—	370	184.89/cwt	183.00–187.00	684	2
Steers	Medium and Large 1-2	—	538	200.00/cwt	200.00–200.00	1,076	5
Steers	Medium and Large 1	—	417	191.98/cwt	188.00–194.00	801	3
Steers	Medium and Large 1	—	465	190.70/cwt	188.00–194.00	887	4
Steers	Medium and Large 1	—	815	150.00/cwt	150.00–150.00	1,223	1
Steers	Medium and Large 3	—	480	169.00/cwt	169.00–169.00	811	1
Steers	Medium and Large 2	—	465	183.00/cwt	183.00–183.00	851	1
Steers	Medium and Large 3	—	445	156.00/cwt	156.00–156.00	694	1
Heifers	Medium and Large 1	—	422	172.16/cwt	169.00–177.00	727	5
Heifers	Medium and Large 2	—	405	153.00/cwt	153.00–153.00	620	1
Heifers	Medium and Large 2	—	318	161.00/cwt	161.00–161.00	512	2
Steers	Medium and Large 1	—	370	191.92/cwt	190.00–194.00	710	2
Steers	Medium and Large 1	—	515	186.91/cwt	184.00–190.00	963	2
Steers	Medium and Large 1	—	678	162.05/cwt	160.00–164.00	1,099	2
Heifers	Medium and Large 2	—	463	158.51/cwt	158.00–159.00	734	2
Heifers	Medium and Large 1	—	390	173.00/cwt	173.00–173.00	675	1
Heifers	Medium and Large 1	—	725	140.00/cwt	140.00–140.00	1,015	1
Heifers	Medium and Large 1	—	450	169.50/cwt	169.00–170.00	763	2
Heifers	Medium and Large 1-2	—	613	158.00/cwt	158.00–158.00	969	4
Heifers	Medium and Large 1	—	580	154.00/cwt	153.00–155.00	893	2
Heifers	Medium and Large 3	—	410	142.00/cwt	142.00–142.00	582	1
Heifers	Medium and Large 3	—	450	140.00/cwt	140.00–140.00	630	1
Heifers	Medium and Large 1-2	—	523	169.00/cwt	169.00–169.00	884	3
Heifers	Medium and Large 2	—	710	128.50/cwt	125.00–132.00	912	2
Heifers	Medium and Large 3	—	560	136.00/cwt	136.00–136.00	762	1
Heifers	Medium and Large 2	—	365	143.01/cwt	130.00–155.00	522	2
Cow-Calf Pairs	Medium and Large 2	—	1,015	900.00/head	900.00–900.00	900	2
Bred Cows	Medium and Large 2	—	1,078	820.11/head	810.00–830.00	820	3
Bulls	—	—	1,945	95.00/cwt	95.00–95.00	1,848	1
Bulls	—	—	1,600	91.50/cwt	91.50–91.50	1,464	1
Cows	Boner 80-85%	—	1,175	74.05/cwt	70.00–77.50	870	5
Cows	Lean 85-90%	—	710	45.00/cwt	45.00–45.00	320	1
Cows	Lean 85-90%	—	987	65.79/cwt	60.00–69.00	649	9
Cows	Lean 85-90%	—	895	54.00/cwt	54.00–54.00	483	1

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.

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

Meridian Stockyard - Meridian, MS

Mon Jan 23, 2023

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

Feeder CattleReceipts 105Last week 438Year ago 421

Slaughter CattleReceipts 19Last week 28Year ago 42

Replacement CattleReceipts 30Last week 23Year ago 69

Good day, as compared to the last market feeder calves were 2-5 higher and slaughter cows and bulls were steady. Just a small gathering of cattle today due to all the rain.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	480	175.00	175.00
1	—	510	172.00	172.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	480	166.00	166.00
1	—	585	152.00	152.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	590	143.00	143.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	523	140.00–143.00	141.51
1	—	405	153.00	153.00
2	—	318	161.00	161.00
2	—	463	158.00–159.00	158.51
2	—	710	125.00–132.00	128.50
2	—	365	130.00–155.00	143.01
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	422	169.00–177.00	172.16
1	—	390	173.00	173.00
1	—	725	140.00	140.00
2	—	450	169.00–170.00	169.50
2	—	580	153.00–155.00	154.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	—	613	158.00	158.00
3	—	523	169.00	169.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	410	142.00	142.00
1	—	450	140.00	140.00
1	—	560	136.00	136.00
Steers — Medium and Large 1$ per cwt · actual wt
2	—	323	195.00–197.00	195.99
3	—	417	188.00–194.00	191.98
4	—	465	188.00–194.00	190.70
1	—	815	150.00	150.00
2	—	370	190.00–194.00	191.92
2	—	515	184.00–190.00	186.91
2	—	678	160.00–164.00	162.05
Steers — Medium and Large 2$ per cwt · actual wt
2	—	323	180.00–185.00	182.64
2	—	370	183.00–187.00	184.89
1	—	465	183.00	183.00
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	538	200.00	200.00
Steers — Medium and Large 3$ per cwt · actual wt
1	—	480	169.00	169.00
1	—	445	156.00	156.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,015	900.00	900.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,078	810.00–830.00	820.11

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,945	95.00	95.00
1	—	1,600	91.50	91.50
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,175	70.00–77.50	74.05
Cows — Lean 85-90%$ per cwt · actual wt
1	—	710	45.00	45.00
9	—	987	60.00–69.00	65.79
1	—	895	54.00	54.00

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.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Meridian Livestock Auction

Reporter comment USDA

Heifers · summary 0–100 lb

What quality paid 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Replacement cattle Per head

Every lot, as filed

How this sale compares

Meridian Stockyard - Meridian, MS

Feeder Cattle

Replacement Cattle

Slaughter Cattle