Sale reports / Mississippi / Meridian Livestock Auction / 2023-02-20

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 20
● Final61 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
220 head
▲ 36 vs last sale 184▲ 3 vs year ago 217 · +1.4%
Slaughter Cattle receipts
11 head
▼ 10 vs last sale 21▼ 66 vs year ago 77 · −85.7%
Replacement Cattle receipts
18 head
▲ 14 vs last sale 4▼ 42 vs year ago 60 · −70.0%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 10-12 higher and slaughter cows and bulls were steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $167.06/cwt on 98 head.
Average price
$167.06
98 head · 536 lb average
Value per head Derived
$896
Price × average weight ÷ 100
Grade differential Derived
$23
per head · Medium and Large 1 over Medium and Large 3
$37.58/cwt at this weight
vs the market
−1.89
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1489173.9485134
Medium and Large 1-2594166.0198549
Medium and Large 2418159.5466712thin
Medium and Large 3607136.378283thin
One grade step is worth $37.58/cwt here — about $23 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 sale98 hd
167.06
—
MS average13 barns · 1,114 hd
168.95
−1.89
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—Low1,36087.361,1883thin
CowsBoner 80-85%Average1,17783.679853thin
CowsLean 85-90%Average95275.667206thin

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
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,140$1,1154thin

Every lot, as filed

61 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 1-2—690149.00/cwt149.00–149.001,0281
SteersMedium and Large 2—670157.00/cwt157.00–157.001,0525
HeifersMedium and Large 1-2—744155.00/cwt155.00–155.001,15311
HeifersMedium and Large 1—419172.73/cwt172.00–173.007244
HeifersMedium and Large 1—832130.67/cwt130.00–131.001,0873
SteersMedium and Large 2—390126.00/cwt126.00–126.004913
SteersMedium and Large 2—455200.00/cwt200.00–200.009102
SteersMedium and Large 1—512196.48/cwt184.00–200.001,0066
SteersMedium and Large 1—320226.24/cwt221.00–235.007243
SteersMedium and Large 1—930130.00/cwt130.00–130.001,2091
SteersMedium and Large 1—880155.00/cwt155.00–155.001,3641
SteersMedium and Large 1-2—510220.48/cwt195.00–225.001,1248
SteersMedium and Large 3—615158.00/cwt158.00–158.009721
SteersMedium and Large 1-2—736169.57/cwt165.00–170.001,24811
SteersMedium and Large 2—305210.00/cwt210.00–210.006411
SteersMedium and Large 1-2—661187.01/cwt170.00–191.001,23616
SteersMedium and Large 1-2—477220.00/cwt220.00–220.001,0496
SteersMedium and Large 1—485223.00/cwt223.00–223.001,0821
SteersMedium and Large 1-2—558191.00/cwt191.00–191.001,0663
SteersMedium and Large 1—275246.33/cwt239.00–252.006773
SteersMedium and Large 2—245200.00/cwt200.00–200.004901
SteersMedium and Large 1—422211.84/cwt208.00–220.008943
SteersMedium and Large 1-2—627192.00/cwt192.00–192.001,2045
SteersMedium and Large 1-2—405230.00/cwt230.00–230.009324
BullsMedium and Large 2—435157.00/cwt157.00–157.006831
BullsMedium and Large 1-2—420200.00/cwt200.00–200.008401
BullsMedium and Large 3—575150.00/cwt150.00–150.008631
BullsMedium and Large 1—505182.50/cwt181.00–184.009222
BullsMedium and Large 1—485189.00/cwt189.00–189.009171
BullsMedium and Large 1-2—515190.00/cwt190.00–190.009791
CowsLean 85-90%—95275.66/cwt72.00–78.007206
Bulls——1,37383.54/cwt83.00–84.001,1472
Bulls——1,33595.00/cwt95.00–95.001,2681
CowsBoner 80-85%—1,17783.67/cwt80.00–89.009853
Cow-Calf PairsMedium and Large 2—1,2901,195.00/head1,195.00–1,195.001,1952
Cow-Calf PairsMedium and Large 2—9901,035.00/head1,035.00–1,035.001,0352
HeifersMedium and Large 1—469180.00/cwt180.00–180.0084420
HeifersMedium and Large 1-2—565163.67/cwt160.00–165.009257
BullsMedium and Large 3—640129.00/cwt129.00–129.008261
BullsMedium and Large 3—510152.00/cwt152.00–152.007751
BullsMedium and Large 2—635157.00/cwt157.00–157.009971
HeifersMedium and Large 3—685137.00/cwt137.00–137.009381
HeifersMedium and Large 2—370166.76/cwt160.00–171.006173
HeifersMedium and Large 2—555125.00/cwt125.00–125.006941
HeifersMedium and Large 1-2—483170.00/cwt170.00–170.008216
HeifersMedium and Large 3—568136.05/cwt132.00–140.007732
HeifersMedium and Large 2—338166.01/cwt165.00–167.005612
HeifersMedium and Large 1—520163.00/cwt163.00–163.008481
HeifersMedium and Large 1—705158.00/cwt158.00–158.001,1141
HeifersMedium and Large 1-2—616169.99/cwt154.00–178.001,04719
HeifersMedium and Large 1—320182.00/cwt182.00–182.005821
HeifersMedium and Large 2—275173.00/cwt173.00–173.004761
HeifersMedium and Large 1-2—435183.00/cwt183.00–183.007961
HeifersMedium and Large 2—460159.00/cwt159.00–159.007311
HeifersMedium and Large 1—385182.04/cwt180.00–184.007014
HeifersMedium and Large 2—538150.07/cwt145.00–155.008072
SteersMedium and Large 3—560164.00/cwt164.00–164.009181
HeifersMedium and Large 1-2—235185.00/cwt185.00–185.004353
HeifersMedium and Large 1-2—515147.00/cwt147.00–147.007571
HeifersMedium and Large 2—433162.49/cwt160.00–165.007042
SteersMedium and Large 1—375230.48/cwt221.00–235.008647

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.