Sale reports / Mississippi / Meridian Livestock Auction / 2023-03-13

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 13
● Final59 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
145 head
▼ 20 vs last sale 165▼ 7 vs year ago 152 · −4.6%
Slaughter Cattle receipts
22 head
▲ 1 vs last sale 21▼ 25 vs year ago 47 · −53.2%
Replacement Cattle receipts
23 head
▲ 6 vs last sale 17▼ 10 vs year ago 33 · −30.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were steady, and heifers were 3-7 higher. Slaughter cows and bulls were 5-8 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $212.78/cwt on 59 head.
Average price
$212.78
59 head · 509 lb average
Value per head Derived
$1,083
Price × average weight ÷ 100
Grade differential Derived
$33
per head · Medium and Large 1-2 over Medium and Large 3
$75.90/cwt at this weight
vs the market
−11.52
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2475231.901,10221
Medium and Large 2413210.5386913thin
Medium and Large 1574203.591,16822
Medium and Large 3685156.001,0693thin
One grade step is worth $75.90/cwt here — about $33 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 sale59 hd
212.78
—
MS average13 barns · 814 hd
224.29
−11.52
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—Average1,610111.311,7923thin
CowsBoner 80-85%Average1,20691.861,1088thin
CowsLean 85-90%Low90676.816968thin

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)Middle Aged (5-8 yrs)1,110$1,1201thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)817$8873thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)790$8401thin

Every lot, as filed

59 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—250217.00/cwt217.00–217.005431
HeifersMedium and Large 2—650161.00/cwt161.00–161.001,0471
SteersMedium and Large 1—940143.99/cwt143.00–145.001,3542
HeifersMedium and Large 1-2—580190.00/cwt190.00–190.001,10210
HeifersMedium and Large 1—360209.00/cwt209.00–209.007521
SteersMedium and Large 2—535192.00/cwt192.00–192.001,0272
SteersMedium and Large 2—270210.00/cwt210.00–210.005671
HeifersMedium and Large 1—729152.06/cwt149.00–155.001,1092
SteersMedium and Large 2—317225.00/cwt220.00–230.007133
SteersMedium and Large 3—685156.00/cwt156.00–156.001,0693
SteersMedium and Large 2—570200.00/cwt200.00–200.001,1401
SteersMedium and Large 1-2—605203.00/cwt203.00–203.001,2282
SteersMedium and Large 2—472206.04/cwt200.00–218.009733
SteersMedium and Large 1—318235.27/cwt230.00–240.007484
SteersMedium and Large 1—285235.00/cwt235.00–235.006701
SteersMedium and Large 1-2—477234.00/cwt234.00–234.001,11613
SteersMedium and Large 1-2—338249.00/cwt249.00–249.008423
SteersMedium and Large 1—469221.23/cwt220.00–225.001,0384
SteersMedium and Large 1—1,030156.00/cwt156.00–156.001,6071
SteersMedium and Large 2—363216.61/cwt208.00–222.007863
SteersMedium and Large 1—865148.00/cwt148.00–148.001,2801
SteersMedium and Large 1-2—518225.00/cwt225.00–225.001,1663
SteersMedium and Large 1—518215.00/cwt215.00–215.001,1142
SteersMedium and Large 1—610200.00/cwt200.00–200.001,2204
BullsMedium and Large 2—415191.00/cwt191.00–191.007931
BullsMedium and Large 1—425216.00/cwt216.00–216.009181
BullsMedium and Large 2—590170.00/cwt170.00–170.001,0031
BullsMedium and Large 2—460200.00/cwt200.00–200.009201
BullsMedium and Large 1—753145.49/cwt141.00–150.001,0962
BullsMedium and Large 1—460207.01/cwt206.00–208.009522
CowsLean 85-90%—86770.22/cwt65.00–75.006093
Bulls——1,715113.22/cwt112.50–114.001,9422
CowsLean 85-90%—93080.76/cwt77.00–82.507515
CowsBoner 80-85%—1,12392.75/cwt88.50–98.001,0422
CowsBoner 80-85%—1,13385.68/cwt84.00–87.009714
CowsBoner 80-85%—1,435103.31/cwt102.00–105.001,4822
Bulls——1,400107.50/cwt107.50–107.501,5051
Bred CowsMedium and Large 1—1,1101,120.00/head1,120.00–1,120.001,1201
Bred CowsMedium and Large 2—790840.00/head840.00–840.008401
Bred CowsMedium and Large 2—817887.29/head800.00–930.008873
HeifersMedium and Large 1-2—482203.00/cwt203.00–203.0097814
HeifersMedium and Large 3—575150.00/cwt150.00–150.008631
HeifersMedium and Large 2—455182.00/cwt182.00–182.008281
HeifersMedium and Large 3—405170.00/cwt170.00–170.006891
HeifersMedium and Large 1—525183.00/cwt183.00–183.009611
HeifersMedium and Large 1—410200.00/cwt200.00–200.008201
HeifersMedium and Large 1—898139.00/cwt139.00–139.001,2482
HeifersMedium and Large 3—475175.00/cwt175.00–175.008311
HeifersMedium and Large 1—485192.00/cwt192.00–192.009311
HeifersMedium and Large 2—425182.00/cwt182.00–182.007741
HeifersMedium and Large 1—615172.98/cwt172.00–174.001,0642
HeifersMedium and Large 3—685140.00/cwt140.00–140.009591
HeifersMedium and Large 2—535163.00/cwt163.00–163.008722
HeifersMedium and Large 3—380185.00/cwt185.00–185.007031
HeifersMedium and Large 1-2—382229.00/cwt229.00–229.008752
HeifersMedium and Large 2—305192.00/cwt192.00–192.005861
HeifersMedium and Large 2—608157.62/cwt150.00–163.009583
SteersMedium and Large 1—405225.00/cwt220.00–230.009112
SteersMedium and Large 1—1,125146.00/cwt146.00–146.001,6431

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.