Name: Meridian Livestock Auction livestock auction prices — 2023-05-15
Creator: RaisedBeef
Published: 2023-05-15

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-8 higher and slaughter cows and bulls were 2-3 higher.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $227.51/cwt on 156 head.

Average price

$227.51

156 head · 453 lb average

Value per head Derived

$1,030

Price × average weight ÷ 100

Grade differential Derived

$173

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

$49.64/cwt at this weight

vs the market

+29.60

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	423	242.56	1,026	39
Medium and Large 2-3	468	238.00	1,114	4thin
Medium and Large 1	460	231.37	1,065	81
Medium and Large 2	489	202.05	988	18thin
Medium and Large 3	442	192.92	853	14thin

One grade step is worth $49.64/cwt here — about $173 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 sale156 hd

227.51

—

MS average13 barns · 1,195 hd

197.91

+29.60

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	1,542	109.04	1,681	7thin
Cows	Boner 80-85%	Low	1,205	93.59	1,128	14
Cows	Breaker 75-80%	Average	1,303	89.07	1,161	3thin
Cows	Lean 85-90%	Very Low	1,041	74.86	779	12

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)	973	$1,181	3thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	971	$1,128	4thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	865	$960	1thin
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	1,020	$900	1thin

Every lot, as filed

67 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
Heifers	Medium and Large 1	—	369	235.71/cwt	235.00–236.00	870	25
Heifers	Medium and Large 1	—	710	173.00/cwt	173.00–173.00	1,228	1
Heifers	Medium and Large 2	—	670	170.66/cwt	170.00–172.00	1,143	3
Steers	Medium and Large 1	—	668	200.67/cwt	200.00–202.00	1,340	3
Steers	Medium and Large 2	—	520	218.50/cwt	218.00–219.00	1,136	2
Steers	Medium and Large 1	—	490	254.00/cwt	254.00–254.00	1,245	8
Heifers	Medium and Large 1	—	815	168.00/cwt	168.00–168.00	1,369	1
Heifers	Medium and Large 1	—	434	234.21/cwt	229.00–236.00	1,016	7
Heifers	Medium and Large 1	—	935	160.00/cwt	160.00–160.00	1,496	1
Steers	Medium and Large 3	—	335	220.00/cwt	220.00–220.00	737	1
Steers	Medium and Large 1	—	550	223.50/cwt	220.00–227.00	1,229	2
Steers	Medium and Large 2	—	325	236.72/cwt	233.00–240.00	769	2
Steers	Medium and Large 2	—	670	182.00/cwt	182.00–182.00	1,219	1
Steers	Medium and Large 3	—	490	221.00/cwt	221.00–221.00	1,083	1
Steers	Medium and Large 1	—	425	250.18/cwt	248.00–255.00	1,063	5
Steers	Medium and Large 2	—	235	225.00/cwt	225.00–225.00	529	1
Steers	Medium and Large 2	—	380	234.60/cwt	228.00–243.00	891	3
Steers	Medium and Large 2	—	270	224.00/cwt	220.00–228.00	605	2
Steers	Medium and Large 2	—	610	180.00/cwt	180.00–180.00	1,098	1
Steers	Medium and Large 2	—	462	236.71/cwt	230.00–240.00	1,094	3
Steers	Medium and Large 3	—	390	223.00/cwt	223.00–223.00	870	1
Steers	Medium and Large 1	—	367	250.52/cwt	245.00–255.00	919	10
Steers	Medium and Large 1	—	638	195.97/cwt	190.00–199.00	1,250	3
Steers	Medium and Large 2	—	435	238.00/cwt	238.00–238.00	1,035	1
Steers	Medium and Large 1-2	—	435	267.00/cwt	267.00–267.00	1,161	14
Steers	Medium and Large 1	—	755	200.00/cwt	200.00–200.00	1,510	1
Steers	Medium and Large 2	—	565	210.00/cwt	210.00–210.00	1,187	1
Bulls	Medium and Large 2	—	415	214.00/cwt	210.00–218.00	888	2
Bulls	Medium and Large 2	—	560	180.00/cwt	180.00–180.00	1,008	1
Bulls	Medium and Large 2	—	465	206.33/cwt	199.00–220.00	959	3
Bulls	Medium and Large 1	—	428	238.51/cwt	238.00–240.00	1,021	4
Bulls	Medium and Large 1	—	575	190.00/cwt	190.00–190.00	1,093	1
Bulls	Medium and Large 1	—	500	208.00/cwt	208.00–208.00	1,040	1
Cows	Lean 85-90%	—	1,007	48.66/cwt	47.00–50.00	490	3
Cows	Boner 80-85%	—	1,158	89.63/cwt	88.50–91.00	1,038	5
Cows	Boner 80-85%	—	1,231	95.79/cwt	93.00–101.00	1,179	9
Cows	Lean 85-90%	—	740	69.00/cwt	69.00–69.00	511	1
Cows	Lean 85-90%	—	1,091	85.41/cwt	82.00–89.00	932	8
Bulls	—	—	1,590	113.45/cwt	108.50–118.00	1,804	5
Bulls	—	—	1,200	94.00/cwt	94.00–94.00	1,128	1
Bulls	—	—	1,645	102.00/cwt	102.00–102.00	1,678	1
Cows	Breaker 75-80%	—	1,303	89.07/cwt	87.00–90.00	1,161	3
Bred Cows	Medium and Large 1	—	973	1,181.15/head	1,100.00–1,250.00	1,181	3
Bred Cows	Medium and Large 1	—	971	1,128.28/head	1,010.00–1,230.00	1,128	4
Bred Cows	Medium and Large 2	—	1,020	900.00/head	900.00–900.00	900	1
Bred Cows	Medium and Large 2	—	865	960.00/head	960.00–960.00	960	1
Heifers	Medium and Large 2	—	620	178.00/cwt	178.00–178.00	1,104	1
Heifers	Medium and Large 3	—	730	151.00/cwt	151.00–151.00	1,102	1
Bulls	Medium and Large 3	—	475	190.00/cwt	190.00–190.00	903	1
Bulls	Medium and Large 2	—	690	136.00/cwt	136.00–136.00	938	1
Bulls	Medium and Large 3	—	505	155.50/cwt	151.00–160.00	785	2
Bulls	Medium and Large 3	—	575	165.13/cwt	160.00–170.00	949	2
Heifers	Medium and Large 3	—	395	196.50/cwt	193.00–200.00	776	2
Heifers	Medium and Large 1	—	620	191.00/cwt	191.00–191.00	1,184	1
Heifers	Medium and Large 3	—	471	195.03/cwt	190.00–200.00	919	6
Heifers	Medium and Large 3	—	327	196.22/cwt	191.00–200.00	642	3
Heifers	Medium and Large 1	—	575	195.00/cwt	195.00–195.00	1,121	1
Heifers	Medium and Large 1	—	540	208.00/cwt	208.00–208.00	1,123	1
Heifers	Medium and Large 2	—	385	216.08/cwt	210.00–222.00	832	2
Steers	Medium and Large 1	—	510	233.00/cwt	233.00–233.00	1,188	1
Heifers	Medium and Large 2	—	423	213.96/cwt	205.00–224.00	905	6
Heifers	Medium and Large 3	—	430	199.02/cwt	197.00–201.00	856	2
Heifers	Medium and Large 2-3	—	468	238.00/cwt	238.00–238.00	1,114	4
Heifers	Medium and Large 2	—	478	205.17/cwt	200.00–211.00	981	6
Heifers	Medium and Large 1-2	—	423	242.56/cwt	240.00–243.00	1,026	39
Steers	Medium and Large 3	—	785	160.00/cwt	160.00–160.00	1,256	1
Heifers	Medium and Large 1	—	484	235.21/cwt	229.00–236.00	1,138	43

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 15, 2023

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

Feeder CattleReceipts 374Last week 193Year ago 197

Slaughter CattleReceipts 40Last week 55Year ago 55

Replacement CattleReceipts 30Last week 34Year ago 30

Good day, as compared to the last market feeder calves were 5-8 higher and slaughter cows and bulls were 2-3 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
25	—	369	235.00–236.00	235.71
1	—	710	173.00	173.00
1	—	815	168.00	168.00
7	—	434	229.00–236.00	234.21
1	—	935	160.00	160.00
1	—	620	191.00	191.00
1	—	575	195.00	195.00
1	—	540	208.00	208.00
43	—	484	229.00–236.00	235.21
Heifers — Medium and Large 2$ per cwt · actual wt
3	—	670	170.00–172.00	170.66
1	—	620	178.00	178.00
2	—	385	210.00–222.00	216.08
6	—	423	205.00–224.00	213.96
6	—	478	200.00–211.00	205.17
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	730	151.00	151.00
2	—	395	193.00–200.00	196.50
6	—	471	190.00–200.00	195.03
3	—	327	191.00–200.00	196.22
2	—	430	197.00–201.00	199.02
Heifers — Medium and Large 2-3$ per cwt · actual wt
4	—	468	238.00	238.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
39	—	423	240.00–243.00	242.56
Steers — Medium and Large 1$ per cwt · actual wt
3	—	668	200.00–202.00	200.67
8	—	490	254.00	254.00
2	—	550	220.00–227.00	223.50
5	—	425	248.00–255.00	250.18
10	—	367	245.00–255.00	250.52
3	—	638	190.00–199.00	195.97
1	—	755	200.00	200.00
1	—	510	233.00	233.00
Steers — Medium and Large 2$ per cwt · actual wt
2	—	520	218.00–219.00	218.50
2	—	325	233.00–240.00	236.72
1	—	670	182.00	182.00
1	—	235	225.00	225.00
3	—	380	228.00–243.00	234.60
2	—	270	220.00–228.00	224.00
1	—	610	180.00	180.00
3	—	462	230.00–240.00	236.71
1	—	435	238.00	238.00
1	—	565	210.00	210.00
Steers — Medium and Large 3$ per cwt · actual wt
1	—	335	220.00	220.00
1	—	490	221.00	221.00
1	—	390	223.00	223.00
1	—	785	160.00	160.00
Steers — Medium and Large 1-2$ per cwt · actual wt
14	—	435	267.00	267.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	415	210.00–218.00	214.00
1	—	560	180.00	180.00
3	—	465	199.00–220.00	206.33
1	—	690	136.00	136.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	428	238.00–240.00	238.51
1	—	575	190.00	190.00
1	—	500	208.00	208.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	475	190.00	190.00
2	—	505	151.00–160.00	155.50
2	—	575	160.00–170.00	165.13

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,007	47.00–50.00	48.66
1	—	740	69.00	69.00
8	—	1,091	82.00–89.00	85.41
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,158	88.50–91.00	89.63
9	—	1,231	93.00–101.00	95.79
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,303	87.00–90.00	89.07
Bulls$ per cwt · actual wt
5	—	1,590	108.50–118.00	113.45
1	—	1,200	94.00	94.00
1	—	1,645	102.00	102.00

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
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	3	—	973	1,100.00–1,250.00	1,181.15
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	4	—	971	1,010.00–1,230.00	1,128.28
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,020	900.00	900.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	865	960.00	960.00

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