Name: Meridian Livestock Auction livestock auction prices — 2023-02-06
Creator: RaisedBeef
Published: 2023-02-06

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were 15-25 higher and heifers were 5-7 higher. Slaughter cows were 2-5 higher and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $191.41/cwt on 88 head.

Average price

$191.41

88 head · 528 lb average

Value per head Derived

$1,011

Price × average weight ÷ 100

Grade differential Derived

$335

per head · Medium and Large 1-2 over Medium and Large 3

$28.12/cwt at this weight

vs the market

−0.88

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	576	204.95	1,181	19thin
Medium and Large 2	496	192.04	952	23
Medium and Large 1	557	191.61	1,068	27
Medium and Large 3	479	176.83	846	19thin

One grade step is worth $28.12/cwt here — about $335 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 sale88 hd

191.41

—

MS average11 barns · 695 hd

192.29

−0.88

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	1,903	90.25	1,717	3thin
Cows	Boner 80-85%	Average	1,238	86.43	1,070	5thin
Cows	Lean 85-90%	Low	1,055	75.18	793	10

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)	Young (2-4 yrs)	1,013	$1,112	6
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,037	$934	3thin
Bred Heifers	2nd Stage (4-6 mo)	(<2 yrs)	815	$790	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,518	$1,600	4thin
Cow-Calf Pairs	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,060	$990	2thin

Every lot, as filed

54 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
Steers	Medium and Large 1	—	560	182.00/cwt	182.00–182.00	1,019	1
Steers	Medium and Large 1	—	692	173.00/cwt	173.00–173.00	1,197	9
Steers	Medium and Large 2	—	371	222.94/cwt	220.00–227.00	827	4
Steers	Medium and Large 2	—	903	139.00/cwt	139.00–139.00	1,255	3
Steers	Medium and Large 1	—	628	174.47/cwt	172.00–177.00	1,096	2
Steers	Medium and Large 3	—	636	150.00/cwt	150.00–150.00	954	4
Steers	Medium and Large 3	—	329	200.06/cwt	190.00–210.00	658	4
Steers	Medium and Large 2	—	587	170.32/cwt	165.00–175.00	1,000	3
Steers	Medium and Large 2	—	430	195.68/cwt	192.00–198.00	841	3
Steers	Medium and Large 3	—	489	174.09/cwt	173.00–182.00	851	8
Steers	Medium and Large 2	—	715	160.00/cwt	160.00–160.00	1,144	1
Steers	Medium and Large 2	—	319	217.66/cwt	210.00–224.00	694	5
Steers	Medium and Large 2	—	461	190.49/cwt	188.00–194.00	878	4
Steers	Medium and Large 1-2	—	833	161.00/cwt	161.00–161.00	1,341	4
Steers	Medium and Large 1	—	835	155.00/cwt	155.00–155.00	1,294	1
Steers	Medium and Large 1-2	—	586	195.00/cwt	195.00–195.00	1,143	4
Steers	Medium and Large 1-2	—	735	173.00/cwt	173.00–173.00	1,272	2
Steers	Medium and Large 1-2	—	423	236.00/cwt	236.00–236.00	998	9
Steers	Medium and Large 1	—	275	228.00/cwt	228.00–228.00	627	1
Steers	Medium and Large 1	—	525	184.56/cwt	182.00–188.00	969	5
Steers	Medium and Large 1	—	368	229.00/cwt	229.00–229.00	843	2
Heifers	Medium and Large 1	—	327	174.76/cwt	172.00–177.00	571	3
Bulls	Medium and Large 2	—	483	162.44/cwt	160.00–165.00	785	2
Bulls	Medium and Large 3	—	770	124.00/cwt	124.00–124.00	955	1
Bulls	Medium and Large 2	—	530	152.06/cwt	149.00–156.00	806	3
Bulls	Medium and Large 2	—	905	121.00/cwt	121.00–121.00	1,095	1
Bulls	Medium and Large 1	—	645	156.00/cwt	156.00–156.00	1,006	1
Cows	Lean 85-90%	—	1,038	67.49/cwt	65.00–72.00	701	3
Cows	Lean 85-90%	—	1,062	78.48/cwt	74.00–81.50	833	7
Cows	Boner 80-85%	—	1,238	86.43/cwt	83.50–93.00	1,070	5
Bulls	—	—	1,903	90.25/cwt	86.00–94.50	1,717	3
Bred Heifers	Medium and Large 2	—	815	790.00/head	790.00–790.00	790	1
Bred Cows	Medium and Large 1	—	1,104	1,237.50/head	1,010.00–1,500.00	1,238	4
Bred Cows	Medium and Large 2	—	958	895.43/head	880.00–910.00	895	2
Bred Cows	Medium and Large 1	—	1,195	1,010.00/head	1,010.00–1,010.00	1,010	1
Bred Cows	Medium and Large 2	—	830	860.24/head	850.00–870.00	860	2
Cow-Calf Pairs	Medium and Large 1	—	1,518	1,600.00/head	1,600.00–1,600.00	1,600	4
Cow-Calf Pairs	Medium and Large 2	—	1,060	990.00/head	990.00–990.00	990	2
Heifers	Medium and Large 2	—	428	150.50/cwt	150.00–151.00	644	2
Heifers	Medium and Large 2	—	470	151.28/cwt	150.00–154.00	711	3
Heifers	Medium and Large 2	—	935	118.00/cwt	118.00–118.00	1,103	1
Heifers	Medium and Large 2	—	388	161.67/cwt	160.00–163.00	627	3
Heifers	Medium and Large 3	—	370	151.69/cwt	150.00–154.00	561	3
Heifers	Medium and Large 3	—	685	112.00/cwt	112.00–112.00	767	1
Steers	Medium and Large 1	—	330	235.99/cwt	235.00–237.00	779	3
Heifers	Medium and Large 1	—	416	165.84/cwt	163.00–172.00	690	7
Heifers	Medium and Large 1	—	528	156.52/cwt	155.00–158.00	826	2
Heifers	Medium and Large 1	—	473	162.32/cwt	162.00–163.00	768	3
Heifers	Medium and Large 1	—	578	158.67/cwt	153.00–164.00	917	2
Heifers	Medium and Large 1	—	363	169.28/cwt	165.00–174.00	614	6
Steers	Medium and Large 3	—	370	201.92/cwt	200.00–204.00	747	2
Steers	Medium and Large 3	—	580	163.00/cwt	163.00–163.00	945	1
Steers	Medium and Large 1	—	408	224.94/cwt	216.00–234.00	918	2
Steers	Medium and Large 1	—	730	164.00/cwt	164.00–164.00	1,197	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 Feb 6, 2023

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

Feeder CattleReceipts 237Last week 112Year ago 242

Slaughter CattleReceipts 18Last week 18Year ago 49

Replacement CattleReceipts 30Last week 11Year ago 12

Good day, as compared to the last market feeder steers were 15-25 higher and heifers were 5-7 higher. Slaughter cows were 2-5 higher and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	560	182.00	182.00
9	—	692	173.00	173.00
2	—	628	172.00–177.00	174.47
1	—	835	155.00	155.00
1	—	275	228.00	228.00
5	—	525	182.00–188.00	184.56
2	—	368	229.00	229.00
3	—	330	235.00–237.00	235.99
2	—	408	216.00–234.00	224.94
1	—	730	164.00	164.00
Steers — Medium and Large 2$ per cwt · actual wt
4	—	371	220.00–227.00	222.94
3	—	903	139.00	139.00
3	—	587	165.00–175.00	170.32
3	—	430	192.00–198.00	195.68
1	—	715	160.00	160.00
5	—	319	210.00–224.00	217.66
4	—	461	188.00–194.00	190.49
Steers — Medium and Large 3$ per cwt · actual wt
4	—	636	150.00	150.00
4	—	329	190.00–210.00	200.06
8	—	489	173.00–182.00	174.09
2	—	370	200.00–204.00	201.92
1	—	580	163.00	163.00
Steers — Medium and Large 1-2$ per cwt · actual wt
4	—	833	161.00	161.00
4	—	586	195.00	195.00
2	—	735	173.00	173.00
9	—	423	236.00	236.00
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	327	172.00–177.00	174.76
7	—	416	163.00–172.00	165.84
2	—	528	155.00–158.00	156.52
3	—	473	162.00–163.00	162.32
2	—	578	153.00–164.00	158.67
6	—	363	165.00–174.00	169.28
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	428	150.00–151.00	150.50
3	—	470	150.00–154.00	151.28
1	—	935	118.00	118.00
3	—	388	160.00–163.00	161.67
Heifers — Medium and Large 3$ per cwt · actual wt
3	—	370	150.00–154.00	151.69
1	—	685	112.00	112.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	483	160.00–165.00	162.44
3	—	530	149.00–156.00	152.06
1	—	905	121.00	121.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	770	124.00	124.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	645	156.00	156.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,038	65.00–72.00	67.49
7	—	1,062	74.00–81.50	78.48
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,238	83.50–93.00	86.43
Bulls$ per cwt · actual wt
3	—	1,903	86.00–94.50	90.25

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 2$ per head · actual wt
(<2 yrs)	2nd Stage (4-6 mo)	1	—	815	790.00	790.00
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	4	—	1,104	1,010.00–1,500.00	1,237.50
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,195	1,010.00	1,010.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	958	880.00–910.00	895.43
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	2	—	830	850.00–870.00	860.24
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	4	—	1,518	1,600.00	1,600.00
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,060	990.00	990.00

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

Steers · 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

Slaughter Cattle

Replacement Cattle