Name: Meridian Livestock Auction livestock auction prices — 2023-05-29
Creator: RaisedBeef
Published: 2023-05-29

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $225.38/cwt on 45 head.

Average price

$225.38

45 head · 529 lb average

Value per head Derived

$1,193

Price × average weight ÷ 100

Grade differential Derived

$105

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

$53.33/cwt at this weight

vs the market

+3.19

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	463	248.56	1,152	18thin
Medium and Large 2	580	212.48	1,232	23
Medium and Large 3	536	195.24	1,047	4thin

One grade step is worth $53.33/cwt here — about $105 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 sale45 hd

225.38

—

MS average12 barns · 1,072 hd

222.19

+3.19

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	—	Low	1,620	114.54	1,855	6thin
Cows	Boner 80-85%	Average	1,098	97.84	1,074	14
Cows	Lean 85-90%	Low	927	83.41	773	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)	1,080	$1,350	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,030	$1,210	2thin
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	905	$1,100	1thin
Cow-Calf Pairs	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,580	$2,000	2thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,158	$1,688	4thin

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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Heifers	Medium and Large 2	—	423	204.74/cwt	201.00–208.00	866	3
Heifers	Medium and Large 1	—	350	226.00/cwt	226.00–226.00	791	3
Heifers	Medium and Large 1	—	705	183.00/cwt	183.00–183.00	1,290	1
Heifers	Medium and Large 2	—	463	206.95/cwt	205.00–209.00	958	2
Steers	Medium and Large 2	—	668	190.26/cwt	188.00–191.00	1,271	4
Steers	Medium and Large 3	—	565	191.47/cwt	190.00–193.00	1,082	2
Steers	Medium and Large 3	—	650	178.00/cwt	178.00–178.00	1,157	1
Steers	Medium and Large 2	—	790	175.00/cwt	175.00–175.00	1,383	1
Steers	Medium and Large 2	—	338	240.00/cwt	240.00–240.00	811	2
Steers	Medium and Large 2	—	455	245.00/cwt	245.00–245.00	1,115	1
Steers	Medium and Large 1	—	290	250.00/cwt	250.00–250.00	725	1
Steers	Medium and Large 3	—	365	220.00/cwt	220.00–220.00	803	1
Steers	Medium and Large 1	—	483	262.06/cwt	258.00–266.00	1,266	2
Steers	Medium and Large 2	—	428	246.54/cwt	245.00–248.00	1,055	2
Steers	Medium and Large 2	—	383	243.71/cwt	235.00–253.00	933	2
Steers	Medium and Large 2	—	576	220.94/cwt	215.00–231.00	1,273	7
Steers	Medium and Large 1	—	430	255.16/cwt	250.00–263.00	1,097	5
Steers	Medium and Large 1	—	320	263.23/cwt	258.00–268.00	842	2
Steers	Medium and Large 1	—	515	245.18/cwt	240.00–250.00	1,263	4
Steers	Medium and Large 2	—	735	179.51/cwt	179.00–180.00	1,319	2
Steers	Medium and Large 2	—	810	170.00/cwt	170.00–170.00	1,377	2
Steers	Medium and Large 1	—	680	201.00/cwt	201.00–201.00	1,367	1
Steers	Medium and Large 1	—	360	259.00/cwt	259.00–259.00	932	1
Steers	Medium and Large 1	—	555	247.00/cwt	247.00–247.00	1,371	1
Bulls	Medium and Large 2	—	455	201.00/cwt	201.00–201.00	915	1
Bulls	Medium and Large 1	—	515	215.00/cwt	215.00–215.00	1,107	2
Bulls	Medium and Large 1	—	650	193.00/cwt	193.00–193.00	1,255	2
Bulls	Medium and Large 1	—	485	224.90/cwt	220.00–230.00	1,091	2
Bulls	Medium and Large 1	—	555	208.00/cwt	208.00–208.00	1,154	1
Bulls	Medium and Large 1	—	410	220.00/cwt	220.00–220.00	902	1
Cows	Boner 80-85%	—	1,108	99.35/cwt	95.00–104.00	1,101	11
Cows	Boner 80-85%	—	1,060	92.30/cwt	91.00–93.50	978	3
Cows	Lean 85-90%	—	828	76.89/cwt	75.00–79.00	637	2
Bulls	—	—	1,130	100.00/cwt	100.00–100.00	1,130	1
Bulls	—	—	1,535	111.00/cwt	111.00–111.00	1,704	1
Bulls	—	—	1,763	119.06/cwt	116.00–123.00	2,099	4
Cows	Lean 85-90%	—	947	84.71/cwt	80.00–89.00	802	10
Bred Cows	Medium and Large 1	—	1,030	1,209.90/head	1,125.00–1,290.00	1,210	2
Cow-Calf Pairs	Medium and Large 1	—	1,580	2,000.00/head	2,000.00–2,000.00	2,000	2
Cow-Calf Pairs	Medium and Large 1	—	1,158	1,688.44/head	1,600.00–1,775.00	1,688	4
Bred Cows	Medium and Large 1	—	905	1,100.00/head	1,100.00–1,100.00	1,100	1
Bred Cows	Medium and Large 1	—	1,080	1,350.00/head	1,350.00–1,350.00	1,350	1
Heifers	Medium and Large 1	—	625	192.00/cwt	192.00–192.00	1,200	1
Heifers	Medium and Large 1	—	518	206.77/cwt	200.00–214.00	1,071	6
Heifers	Medium and Large 3	—	635	164.00/cwt	164.00–164.00	1,041	1
Bulls	Medium and Large 3	—	605	173.00/cwt	173.00–173.00	1,047	1
Bulls	Medium and Large 3	—	583	182.49/cwt	182.00–183.00	1,064	2
Heifers	Medium and Large 1	—	572	203.91/cwt	200.00–207.00	1,166	3
Heifers	Medium and Large 2	—	730	171.00/cwt	171.00–171.00	1,248	1
Heifers	Medium and Large 2	—	565	196.00/cwt	196.00–196.00	1,107	1
Heifers	Medium and Large 2	—	265	220.00/cwt	220.00–220.00	583	1
Heifers	Medium and Large 2	—	630	182.52/cwt	180.00–185.00	1,150	2
Heifers	Medium and Large 3	—	415	188.99/cwt	188.00–190.00	784	2
Heifers	Medium and Large 2	—	895	135.00/cwt	135.00–135.00	1,208	1
Heifers	Medium and Large 2	—	660	183.51/cwt	182.00–185.00	1,211	2
Heifers	Medium and Large 2	—	383	217.52/cwt	215.00–220.00	833	2
Heifers	Medium and Large 3	—	665	170.00/cwt	170.00–170.00	1,131	1
Heifers	Medium and Large 3	—	450	188.00/cwt	188.00–188.00	846	1
Heifers	Medium and Large 2	—	338	216.87/cwt	211.00–223.00	733	2
Steers	Medium and Large 1	—	640	210.00/cwt	210.00–210.00	1,344	1
Heifers	Medium and Large 1	—	445	223.00/cwt	223.00–223.00	992	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 May 29, 2023

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

Feeder CattleReceipts 133Last week 284Year ago 241

Slaughter CattleReceipts 44Last week 55Year ago 100

Replacement CattleReceipts 13Last week 44Year ago 59

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

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
3	—	423	201.00–208.00	204.74
2	—	463	205.00–209.00	206.95
1	—	730	171.00	171.00
1	—	565	196.00	196.00
1	—	265	220.00	220.00
2	—	630	180.00–185.00	182.52
1	—	895	135.00	135.00
2	—	660	182.00–185.00	183.51
2	—	383	215.00–220.00	217.52
2	—	338	211.00–223.00	216.87
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	350	226.00	226.00
1	—	705	183.00	183.00
1	—	625	192.00	192.00
6	—	518	200.00–214.00	206.77
3	—	572	200.00–207.00	203.91
1	—	445	223.00	223.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	635	164.00	164.00
2	—	415	188.00–190.00	188.99
1	—	665	170.00	170.00
1	—	450	188.00	188.00
Steers — Medium and Large 2$ per cwt · actual wt
4	—	668	188.00–191.00	190.26
1	—	790	175.00	175.00
2	—	338	240.00	240.00
1	—	455	245.00	245.00
2	—	428	245.00–248.00	246.54
2	—	383	235.00–253.00	243.71
7	—	576	215.00–231.00	220.94
2	—	735	179.00–180.00	179.51
2	—	810	170.00	170.00
Steers — Medium and Large 3$ per cwt · actual wt
2	—	565	190.00–193.00	191.47
1	—	650	178.00	178.00
1	—	365	220.00	220.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	290	250.00	250.00
2	—	483	258.00–266.00	262.06
5	—	430	250.00–263.00	255.16
2	—	320	258.00–268.00	263.23
4	—	515	240.00–250.00	245.18
1	—	680	201.00	201.00
1	—	360	259.00	259.00
1	—	555	247.00	247.00
1	—	640	210.00	210.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	455	201.00	201.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	515	215.00	215.00
2	—	650	193.00	193.00
2	—	485	220.00–230.00	224.90
1	—	555	208.00	208.00
1	—	410	220.00	220.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	605	173.00	173.00
2	—	583	182.00–183.00	182.49

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
11	—	1,108	95.00–104.00	99.35
3	—	1,060	91.00–93.50	92.30
Cows — Lean 85-90%$ per cwt · actual wt
2	—	828	75.00–79.00	76.89
10	—	947	80.00–89.00	84.71
Bulls$ per cwt · actual wt
1	—	1,130	100.00	100.00
1	—	1,535	111.00	111.00
4	—	1,763	116.00–123.00	119.06

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	—	1,030	1,125.00–1,290.00	1,209.90
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	905	1,100.00	1,100.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,080	1,350.00	1,350.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,580	2,000.00	2,000.00
Middle Aged (5-8 yrs)	Open	4	—	1,158	1,600.00–1,775.00	1,688.44

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

Steers · 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