Name: Meridian Livestock Auction livestock auction prices — 2023-05-08
Creator: RaisedBeef
Published: 2023-05-08

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls were steady as well.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $196.44/cwt on 73 head.

Average price

$196.44

73 head · 516 lb average

Value per head Derived

$1,013

Price × average weight ÷ 100

Grade differential Derived

$32

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

$37.99/cwt at this weight

vs the market

−1.68

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	466	210.99	983	36
Medium and Large 1	574	187.40	1,075	20
Medium and Large 2	552	176.47	974	16thin
Medium and Large 3	550	173.00	952	1thin

One grade step is worth $37.99/cwt here — about $32 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 sale73 hd

196.44

—

MS average13 barns · 1,315 hd

198.11

−1.68

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	1,275	102.69	1,310	3thin
Cows	Boner 80-85%	Average	1,143	92.29	1,055	16
Cows	Breaker 75-80%	Average	1,138	87.65	997	2thin
Cows	Lean 85-90%	Very Low	928	72.89	676	16

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	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,130	$1,100	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	1,035	$1,000	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,115	$1,000	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,028	$923	2thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,465	$1,775	2thin

Every lot, as filed

57 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	—	450	246.00/cwt	246.00–246.00	1,107	2
Heifers	Medium and Large 1-2	—	511	207.13/cwt	205.00–208.00	1,058	17
Heifers	Medium and Large 1	—	425	196.71/cwt	194.00–200.00	836	3
Heifers	Medium and Large 1	—	673	181.00/cwt	181.00–181.00	1,218	5
Steers	Medium and Large 2	—	315	228.44/cwt	220.00–235.00	720	3
Steers	Medium and Large 2	—	675	185.00/cwt	185.00–185.00	1,249	2
Steers	Medium and Large 3	—	570	183.00/cwt	183.00–183.00	1,043	1
Heifers	Medium and Large 1	—	510	197.52/cwt	195.00–200.00	1,007	2
Steers	Medium and Large 2	—	471	208.53/cwt	200.00–224.00	982	4
Steers	Medium and Large 1	—	415	242.98/cwt	242.00–244.00	1,008	2
Steers	Medium and Large 1	—	603	198.67/cwt	196.00–200.00	1,198	6
Steers	Medium and Large 1	—	525	220.30/cwt	218.00–225.00	1,157	4
Steers	Medium and Large 3	—	535	180.00/cwt	180.00–180.00	963	1
Heifers	Medium and Large 2	—	455	181.70/cwt	180.00–185.00	827	3
Steers	Medium and Large 1	—	340	249.00/cwt	249.00–249.00	847	1
Steers	Medium and Large 3	—	360	205.00/cwt	205.00–205.00	738	1
Steers	Medium and Large 3	—	320	201.01/cwt	200.00–202.00	643	3
Steers	Medium and Large 1	—	558	219.99/cwt	215.00–225.00	1,228	3
Steers	Medium and Large 2	—	540	200.00/cwt	200.00–200.00	1,080	2
Steers	Medium and Large 3	—	480	190.00/cwt	190.00–190.00	912	1
Steers	Medium and Large 2	—	710	170.00/cwt	170.00–170.00	1,207	1
Steers	Medium and Large 2	—	363	236.52/cwt	233.00–240.00	859	2
Bulls	Medium and Large 3	—	735	140.00/cwt	140.00–140.00	1,029	1
Bulls	Medium and Large 3	—	473	184.64/cwt	184.00–186.00	873	3
Bulls	Medium and Large 3	—	575	170.00/cwt	170.00–170.00	978	1
Bulls	Medium and Large 1	—	425	212.04/cwt	209.00–215.00	901	2
Bulls	Medium and Large 2	—	617	162.35/cwt	159.00–168.00	1,002	3
Bulls	Medium and Large 1	—	490	214.00/cwt	214.00–214.00	1,049	1
Cows	Lean 85-90%	—	855	59.86/cwt	55.00–62.00	512	5
Cows	Lean 85-90%	—	943	69.04/cwt	68.00–70.00	651	3
Cows	Boner 80-85%	—	1,175	94.10/cwt	90.00–98.50	1,106	11
Bulls	—	—	1,163	97.03/cwt	95.00–99.00	1,128	2
Bulls	—	—	1,500	114.00/cwt	114.00–114.00	1,710	1
Cows	Lean 85-90%	—	967	82.48/cwt	78.00–87.00	798	8
Cows	Breaker 75-80%	—	1,138	87.65/cwt	86.00–89.00	997	2
Cows	Boner 80-85%	—	1,072	88.31/cwt	87.50–89.00	947	5
Bred Cows	Medium and Large 2	—	1,035	1,000.00/head	1,000.00–1,000.00	1,000	1
Bred Cows	Medium and Large 2	—	1,028	923.28/head	770.00–1,050.00	923	2
Bred Cows	Medium and Large 2	—	1,130	1,100.00/head	1,100.00–1,100.00	1,100	1
Bred Cows	Medium and Large 2	—	1,115	1,000.00/head	1,000.00–1,000.00	1,000	1
Cow-Calf Pairs	Medium and Large 1	—	1,465	1,775.00/head	1,775.00–1,775.00	1,775	2
Heifers	Medium and Large 2	—	718	145.09/cwt	140.00–150.00	1,042	2
Heifers	Medium and Large 2	—	680	170.00/cwt	170.00–170.00	1,156	2
Heifers	Medium and Large 2	—	445	186.00/cwt	186.00–186.00	828	1
Heifers	Medium and Large 2	—	960	120.00/cwt	120.00–120.00	1,152	1
Heifers	Medium and Large 2	—	363	205.39/cwt	202.00–210.00	746	3
Heifers	Medium and Large 3	—	550	173.00/cwt	173.00–173.00	952	1
Heifers	Medium and Large 1-2	—	426	214.44/cwt	214.00–215.00	914	19
Heifers	Medium and Large 2	—	605	173.00/cwt	173.00–173.00	1,047	1
Heifers	Medium and Large 1	—	355	220.00/cwt	220.00–220.00	781	1
Heifers	Medium and Large 2	—	560	184.00/cwt	184.00–184.00	1,030	1
Heifers	Medium and Large 2	—	505	184.50/cwt	183.00–186.00	932	2
Heifers	Medium and Large 1	—	615	181.64/cwt	179.00–191.00	1,117	6
Heifers	Medium and Large 1	—	470	191.52/cwt	191.00–192.00	900	2
Heifers	Medium and Large 1	—	830	165.00/cwt	165.00–165.00	1,370	1
Steers	Medium and Large 1	—	788	188.00/cwt	188.00–188.00	1,481	6
Steers	Medium and Large 1	—	380	254.32/cwt	253.00–256.00	966	3

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 May 8, 2023

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

Feeder CattleReceipts 193Last week 252Year ago 197

Slaughter CattleReceipts 55Last week 27Year ago 52

Replacement CattleReceipts 34Last week 35Year ago 54

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls were steady as well.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	450	246.00	246.00
2	—	415	242.00–244.00	242.98
6	—	603	196.00–200.00	198.67
4	—	525	218.00–225.00	220.30
1	—	340	249.00	249.00
3	—	558	215.00–225.00	219.99
6	—	788	188.00	188.00
3	—	380	253.00–256.00	254.32
Steers — Medium and Large 2$ per cwt · actual wt
3	—	315	220.00–235.00	228.44
2	—	675	185.00	185.00
4	—	471	200.00–224.00	208.53
2	—	540	200.00	200.00
1	—	710	170.00	170.00
2	—	363	233.00–240.00	236.52
Steers — Medium and Large 3$ per cwt · actual wt
1	—	570	183.00	183.00
1	—	535	180.00	180.00
1	—	360	205.00	205.00
3	—	320	200.00–202.00	201.01
1	—	480	190.00	190.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
17	—	511	205.00–208.00	207.13
19	—	426	214.00–215.00	214.44
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	425	194.00–200.00	196.71
5	—	673	181.00	181.00
2	—	510	195.00–200.00	197.52
1	—	355	220.00	220.00
6	—	615	179.00–191.00	181.64
2	—	470	191.00–192.00	191.52
1	—	830	165.00	165.00
Heifers — Medium and Large 2$ per cwt · actual wt
3	—	455	180.00–185.00	181.70
2	—	718	140.00–150.00	145.09
2	—	680	170.00	170.00
1	—	445	186.00	186.00
1	—	960	120.00	120.00
3	—	363	202.00–210.00	205.39
1	—	605	173.00	173.00
1	—	560	184.00	184.00
2	—	505	183.00–186.00	184.50
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	550	173.00	173.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	735	140.00	140.00
3	—	473	184.00–186.00	184.64
1	—	575	170.00	170.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	425	209.00–215.00	212.04
1	—	490	214.00	214.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	617	159.00–168.00	162.35

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
5	—	855	55.00–62.00	59.86
3	—	943	68.00–70.00	69.04
8	—	967	78.00–87.00	82.48
Cows — Boner 80-85%$ per cwt · actual wt
11	—	1,175	90.00–98.50	94.10
5	—	1,072	87.50–89.00	88.31
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,138	86.00–89.00	87.65
Bulls$ per cwt · actual wt
2	—	1,163	95.00–99.00	97.03
1	—	1,500	114.00	114.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,035	1,000.00	1,000.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,028	770.00–1,050.00	923.28
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,130	1,100.00	1,100.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,115	1,000.00	1,000.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,465	1,775.00	1,775.00

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