Name: Meridian Livestock Auction livestock auction prices — 2023-02-27
Creator: RaisedBeef
Published: 2023-02-27

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were 5-7 higher, heifers 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 $178.26/cwt on 70 head.

Average price

$178.26

70 head · 465 lb average

Value per head Derived

$830

Price × average weight ÷ 100

Grade differential Derived

$162

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

$23.10/cwt at this weight

vs the market

−2.41

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	490	182.94	896	33
Medium and Large 2	440	177.40	780	30
Medium and Large 3	459	159.84	734	7thin

One grade step is worth $23.10/cwt here — about $162 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 sale70 hd

178.26

—

MS average13 barns · 1,211 hd

180.67

−2.41

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	1,354	96.24	1,303	6thin
Cows	Boner 80-85%	Average	1,166	82.67	964	4thin
Cows	Lean 85-90%	Low	990	67.21	665	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)	986	$1,036	4thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,015	$1,010	2thin

Every lot, as filed

62 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 3	—	565	175.00/cwt	175.00–175.00	989	1
Steers	Medium and Large 3	—	475	177.06/cwt	174.00–180.00	841	2
Heifers	Medium and Large 3	—	540	148.00/cwt	148.00–148.00	799	1
Steers	Medium and Large 1	—	373	235.47/cwt	230.00–242.00	878	3
Steers	Medium and Large 1	—	613	186.93/cwt	180.00–191.00	1,146	3
Heifers	Medium and Large 1	—	520	173.54/cwt	168.00–176.00	902	4
Steers	Medium and Large 1-2	—	508	220.00/cwt	220.00–220.00	1,118	3
Steers	Medium and Large 1-2	—	426	228.00/cwt	228.00–228.00	971	9
Heifers	Medium and Large 2	—	373	182.99/cwt	182.00–184.00	683	2
Steers	Medium and Large 1	—	460	202.02/cwt	200.00–204.00	929	2
Steers	Medium and Large 2	—	471	194.24/cwt	193.00–195.00	915	4
Steers	Medium and Large 2	—	660	178.00/cwt	178.00–178.00	1,175	1
Steers	Medium and Large 2	—	515	188.00/cwt	188.00–188.00	968	1
Steers	Medium and Large 1	—	413	213.68/cwt	209.00–219.00	882	4
Steers	Medium and Large 1	—	658	184.51/cwt	184.00–185.00	1,214	2
Steers	Medium and Large 2	—	373	216.82/cwt	210.00–227.00	809	11
Steers	Medium and Large 1	—	317	240.45/cwt	230.00–250.00	762	7
Steers	Medium and Large 2	—	995	113.00/cwt	113.00–113.00	1,124	1
Steers	Medium and Large 2	—	550	190.00/cwt	190.00–190.00	1,045	1
Steers	Medium and Large 1	—	555	195.00/cwt	195.00–195.00	1,082	1
Steers	Medium and Large 3	—	660	154.92/cwt	150.00–160.00	1,022	2
Steers	Medium and Large 2	—	340	220.00/cwt	220.00–220.00	748	1
Steers	Medium and Large 1	—	275	250.00/cwt	250.00–250.00	688	1
Steers	Medium and Large 1-2	—	489	223.50/cwt	223.00–224.00	1,093	4
Steers	Medium and Large 1	—	515	198.78/cwt	193.00–206.00	1,024	3
Bulls	Medium and Large 2	—	563	161.33/cwt	157.00–164.00	908	3
Bulls	Medium and Large 1-2	—	415	202.00/cwt	202.00–202.00	838	7
Bulls	Medium and Large 1	—	532	175.95/cwt	175.00–178.00	936	3
Bulls	Medium and Large 1	—	585	172.00/cwt	172.00–172.00	1,006	2
Bulls	Medium and Large 1	—	720	149.00/cwt	149.00–149.00	1,073	1
Bulls	Medium and Large 1	—	620	160.00/cwt	160.00–160.00	992	1
Cows	Lean 85-90%	—	963	63.81/cwt	61.00–67.00	614	2
Cows	Boner 80-85%	—	1,166	82.67/cwt	80.00–85.50	964	4
Bulls	—	—	1,423	105.27/cwt	105.00–105.50	1,498	2
Bulls	—	—	1,160	88.50/cwt	88.50–88.50	1,027	1
Bulls	—	—	1,372	92.80/cwt	92.00–93.50	1,273	3
Cows	Lean 85-90%	—	1,025	76.80/cwt	75.00–79.00	787	6
Cows	Lean 85-90%	—	937	50.28/cwt	47.00–53.00	471	3
Bred Cows	Medium and Large 1	—	1,073	1,288.11/head	1,200.00–1,375.00	1,288	2
Bred Cows	Medium and Large 2	—	898	784.82/head	700.00–850.00	785	2
Cow-Calf Pairs	Medium and Large 2	—	1,015	1,010.00/head	1,010.00–1,010.00	1,010	2
Heifers	Medium and Large 3	—	432	165.95/cwt	164.00–168.00	717	3
Heifers	Medium and Large 2	—	425	183.19/cwt	182.00–185.00	779	5
Bulls	Medium and Large 1	—	430	179.00/cwt	179.00–179.00	770	1
Bulls	Medium and Large 2	—	473	172.29/cwt	170.00–176.00	815	3
Bulls	Medium and Large 2	—	515	165.00/cwt	165.00–165.00	850	1
Bulls	Medium and Large 3	—	425	150.00/cwt	150.00–150.00	638	1
Heifers	Medium and Large 1	—	443	191.04/cwt	189.00–194.00	846	21
Heifers	Medium and Large 1	—	840	142.00/cwt	142.00–142.00	1,193	2
Heifers	Medium and Large 1	—	310	190.00/cwt	190.00–190.00	589	1
Heifers	Medium and Large 2	—	510	162.00/cwt	162.00–162.00	826	1
Heifers	Medium and Large 2	—	327	182.23/cwt	178.00–185.00	596	7
Bulls	Medium and Large 2	—	625	149.00/cwt	149.00–149.00	931	1
Heifers	Medium and Large 2	—	660	146.00/cwt	146.00–146.00	964	1
Heifers	Medium and Large 3	—	465	160.00/cwt	160.00–160.00	744	1
Heifers	Medium and Large 3	—	335	171.00/cwt	171.00–171.00	573	1
Heifers	Medium and Large 1	—	450	186.00/cwt	186.00–186.00	837	1
Heifers	Medium and Large 2	—	472	179.78/cwt	175.00–184.00	849	11
Heifers	Medium and Large 2	—	557	159.67/cwt	159.00–161.00	889	3
Heifers	Medium and Large 1	—	578	172.65/cwt	170.00–175.00	998	3
Heifers	Medium and Large 1	—	610	153.00/cwt	153.00–153.00	933	1
Heifers	Medium and Large 3	—	580	142.00/cwt	142.00–142.00	824	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 27, 2023

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

Feeder CattleReceipts 234Last week 220Year ago 111

Slaughter CattleReceipts 23Last week 11Year ago 20

Replacement CattleReceipts 15Last week 18Year ago 17

Good day, as compared to the last market feeder steers were 5-7 higher, heifers were 10-12 higher and slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	565	175.00	175.00
2	—	475	174.00–180.00	177.06
2	—	660	150.00–160.00	154.92
Steers — Medium and Large 1$ per cwt · actual wt
3	—	373	230.00–242.00	235.47
3	—	613	180.00–191.00	186.93
2	—	460	200.00–204.00	202.02
4	—	413	209.00–219.00	213.68
2	—	658	184.00–185.00	184.51
7	—	317	230.00–250.00	240.45
1	—	555	195.00	195.00
1	—	275	250.00	250.00
3	—	515	193.00–206.00	198.78
Steers — Medium and Large 1-2$ per cwt · actual wt
3	—	508	220.00	220.00
9	—	426	228.00	228.00
4	—	489	223.00–224.00	223.50
Steers — Medium and Large 2$ per cwt · actual wt
4	—	471	193.00–195.00	194.24
1	—	660	178.00	178.00
1	—	515	188.00	188.00
11	—	373	210.00–227.00	216.82
1	—	995	113.00	113.00
1	—	550	190.00	190.00
1	—	340	220.00	220.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	540	148.00	148.00
3	—	432	164.00–168.00	165.95
1	—	465	160.00	160.00
1	—	335	171.00	171.00
1	—	580	142.00	142.00
Heifers — Medium and Large 1$ per cwt · actual wt
4	—	520	168.00–176.00	173.54
21	—	443	189.00–194.00	191.04
2	—	840	142.00	142.00
1	—	310	190.00	190.00
1	—	450	186.00	186.00
3	—	578	170.00–175.00	172.65
1	—	610	153.00	153.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	373	182.00–184.00	182.99
5	—	425	182.00–185.00	183.19
1	—	510	162.00	162.00
7	—	327	178.00–185.00	182.23
1	—	660	146.00	146.00
11	—	472	175.00–184.00	179.78
3	—	557	159.00–161.00	159.67
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	563	157.00–164.00	161.33
3	—	473	170.00–176.00	172.29
1	—	515	165.00	165.00
1	—	625	149.00	149.00
Bulls — Medium and Large 1-2$ per cwt · actual wt
7	—	415	202.00	202.00
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	532	175.00–178.00	175.95
2	—	585	172.00	172.00
1	—	720	149.00	149.00
1	—	620	160.00	160.00
1	—	430	179.00	179.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	425	150.00	150.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	963	61.00–67.00	63.81
6	—	1,025	75.00–79.00	76.80
3	—	937	47.00–53.00	50.28
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,166	80.00–85.50	82.67
Bulls$ per cwt · actual wt
2	—	1,423	105.00–105.50	105.27
1	—	1,160	88.50	88.50
3	—	1,372	92.00–93.50	92.80

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,073	1,200.00–1,375.00	1,288.11
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	898	700.00–850.00	784.82
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,015	1,010.00	1,010.00

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

Slaughter Cattle

Replacement Cattle