Name: Meridian Livestock Auction livestock auction prices — 2023-06-05
Creator: RaisedBeef
Published: 2023-06-05

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves 3-5 higher some light steers 10-15 higher. Slaughter cows and bulls 3-7 higher. Sold 4 loads of weaned steers mostly black hides, First load 75 steers @ 670 lbs. $2.20, Second load 67 steers @ 771 lbs.$ 2.1675, load three 60 steers @ 858 lbs. $2.0525 and load four 54 steers @ 968 lbs. $ 1.9475. Also sold 255 steers on the board sale @ 650 lbs. $ 2.3350 with 2% shrink and ten cent slide.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $217.01/cwt on 323 head.

Average price

$217.01

323 head · 744 lb average

Value per head Derived

$1,615

Price × average weight ÷ 100

Grade differential Derived

−$496

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

$29.36/cwt at this weight

vs the market

−10.29

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	539	236.14	1,274	33
Medium and Large 3	422	233.30	983	10thin
Medium and Large 1	636	228.13	1,450	97
Medium and Large 1-2	856	206.78	1,770	183

One grade step is worth $29.36/cwt here — about −$496 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 sale323 hd

217.01

—

MS average12 barns · 1,339 hd

227.31

−10.29

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	1,456	118.57	1,726	5thin
Cows	Boner 80-85%	Average	1,079	104.36	1,126	21
Cows	Breaker 75-80%	Average	1,405	100.00	1,405	1thin
Cows	Lean 85-90%	Average	907	78.69	714	8thin

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)	Middle Aged (5-8 yrs)	1,430	$1,450	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	980	$1,370	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,325	$2,000	2thin

Every lot, as filed

53 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	—	435	270.00/cwt	270.00–270.00	1,175	1
Steers	Medium and Large 1-2	—	858	205.00/cwt	205.00–205.00	1,759	60
Steers	Medium and Large 1	—	670	219.97/cwt	218.00–220.00	1,474	76
Heifers	Medium and Large 1	—	605	195.94/cwt	190.00–201.00	1,185	19
Steers	Medium and Large 3	—	375	251.17/cwt	240.00–263.00	942	6
Steers	Medium and Large 3	—	405	222.00/cwt	222.00–222.00	899	1
Steers	Medium and Large 2	—	283	273.67/cwt	267.00–280.00	774	2
Steers	Medium and Large 2	—	435	238.41/cwt	235.00–245.00	1,037	3
Steers	Medium and Large 1	—	519	254.60/cwt	251.00–258.00	1,321	5
Steers	Medium and Large 2	—	368	287.02/cwt	285.00–290.00	1,056	4
Steers	Medium and Large 1	—	363	305.24/cwt	298.00–313.00	1,108	2
Steers	Medium and Large 2	—	320	286.43/cwt	285.00–288.00	917	2
Steers	Medium and Large 2	—	529	239.48/cwt	232.00–245.00	1,267	6
Steers	Medium and Large 2	—	644	205.00/cwt	205.00–205.00	1,320	6
Steers	Medium and Large 2	—	581	239.59/cwt	229.00–243.00	1,392	4
Steers	Medium and Large 3	—	320	258.00/cwt	258.00–258.00	826	1
Steers	Medium and Large 1-2	—	771	217.00/cwt	217.00–217.00	1,673	67
Steers	Medium and Large 1-2	—	610	236.00/cwt	236.00–236.00	1,440	2
Steers	Medium and Large 1	—	625	228.34/cwt	226.00–229.00	1,427	6
Steers	Medium and Large 2	—	733	194.62/cwt	192.00–200.00	1,427	3
Heifers	Medium and Large 2	—	430	205.00/cwt	205.00–205.00	882	1
Heifers	Medium and Large 1	—	560	219.43/cwt	210.00–221.00	1,229	7
Bulls	Medium and Large 3	—	485	208.00/cwt	208.00–208.00	1,009	1
Bulls	Medium and Large 1	—	519	235.55/cwt	231.00–238.00	1,223	4
Bulls	Medium and Large 1	—	490	234.54/cwt	231.00–238.00	1,149	2
Bulls	Medium and Large 1	—	610	200.00/cwt	200.00–200.00	1,220	1
Cows	Boner 80-85%	—	1,141	108.45/cwt	102.50–114.50	1,237	13
Cows	Lean 85-90%	—	871	85.84/cwt	80.00–90.00	748	5
Cows	Lean 85-90%	—	967	66.76/cwt	60.00–70.00	646	3
Cows	Breaker 75-80%	—	1,405	100.00/cwt	100.00–100.00	1,405	1
Cows	Boner 80-85%	—	979	97.72/cwt	94.00–100.50	957	8
Bulls	—	—	1,465	115.05/cwt	114.50–115.50	1,685	2
Bulls	—	—	1,450	120.92/cwt	118.00–124.00	1,753	3
Bred Cows	Medium and Large 1	—	1,430	1,450.00/head	1,450.00–1,450.00	1,450	1
Bred Cows	Medium and Large 1	—	980	1,370.00/head	1,370.00–1,370.00	1,370	1
Cow-Calf Pairs	Medium and Large 1	—	1,325	2,000.00/head	2,000.00–2,000.00	2,000	2
Heifers	Medium and Large 2	—	570	194.85/cwt	190.00–200.00	1,111	5
Heifers	Medium and Large 2	—	645	188.00/cwt	188.00–188.00	1,213	1
Heifers	Medium and Large 1	—	473	219.08/cwt	216.00–225.00	1,036	7
Heifers	Medium and Large 3	—	565	178.00/cwt	178.00–178.00	1,006	1
Heifers	Medium and Large 3	—	510	180.00/cwt	180.00–180.00	918	1
Heifers	Medium and Large 3	—	665	170.00/cwt	170.00–170.00	1,131	1
Steers	Medium and Large 1	—	487	256.34/cwt	255.00–257.00	1,248	3
Steers	Medium and Large 1	—	318	310.25/cwt	303.00–320.00	987	3
Heifers	Medium and Large 2	—	370	216.44/cwt	210.00–221.00	801	5
Heifers	Medium and Large 1	—	418	218.67/cwt	215.00–221.00	914	3
Heifers	Medium and Large 1	—	515	215.25/cwt	214.00–217.00	1,109	4
Heifers	Medium and Large 2	—	505	201.00/cwt	201.00–201.00	1,015	1
Steers	Medium and Large 2	—	753	200.00/cwt	200.00–200.00	1,506	3
Steers	Medium and Large 3	—	620	173.00/cwt	173.00–173.00	1,073	2
Heifers	Medium and Large 2	—	480	198.00/cwt	198.00–198.00	950	1
Steers	Medium and Large 1-2	—	968	195.00/cwt	195.00–195.00	1,888	54
Steers	Medium and Large 1	—	820	188.00/cwt	188.00–188.00	1,542	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 Jun 5, 2023

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

Feeder CattleReceipts 454Last week 133Year ago 644

Slaughter CattleReceipts 49Last week 44Year ago 71

Replacement CattleReceipts 11Last week 13Year ago 67

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	435	270.00	270.00
76	—	670	218.00–220.00	219.97
5	—	519	251.00–258.00	254.60
2	—	363	298.00–313.00	305.24
6	—	625	226.00–229.00	228.34
3	—	487	255.00–257.00	256.34
3	—	318	303.00–320.00	310.25
1	—	820	188.00	188.00
Steers — Medium and Large 1-2$ per cwt · actual wt
60	—	858	205.00	205.00
67	—	771	217.00	217.00
2	—	610	236.00	236.00
54	—	968	195.00	195.00
Steers — Medium and Large 3$ per cwt · actual wt
6	—	375	240.00–263.00	251.17
1	—	405	222.00	222.00
1	—	320	258.00	258.00
2	—	620	173.00	173.00
Steers — Medium and Large 2$ per cwt · actual wt
2	—	283	267.00–280.00	273.67
3	—	435	235.00–245.00	238.41
4	—	368	285.00–290.00	287.02
2	—	320	285.00–288.00	286.43
6	—	529	232.00–245.00	239.48
6	—	644	205.00	205.00
4	—	581	229.00–243.00	239.59
3	—	733	192.00–200.00	194.62
3	—	753	200.00	200.00
Heifers — Medium and Large 1$ per cwt · actual wt
19	—	605	190.00–201.00	195.94
7	—	560	210.00–221.00	219.43
7	—	473	216.00–225.00	219.08
3	—	418	215.00–221.00	218.67
4	—	515	214.00–217.00	215.25
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	430	205.00	205.00
5	—	570	190.00–200.00	194.85
1	—	645	188.00	188.00
5	—	370	210.00–221.00	216.44
1	—	505	201.00	201.00
1	—	480	198.00	198.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	565	178.00	178.00
1	—	510	180.00	180.00
1	—	665	170.00	170.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	485	208.00	208.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	519	231.00–238.00	235.55
2	—	490	231.00–238.00	234.54
1	—	610	200.00	200.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
13	—	1,141	102.50–114.50	108.45
8	—	979	94.00–100.50	97.72
Cows — Lean 85-90%$ per cwt · actual wt
5	—	871	80.00–90.00	85.84
3	—	967	60.00–70.00	66.76
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,405	100.00	100.00
Bulls$ per cwt · actual wt
2	—	1,465	114.50–115.50	115.05
3	—	1,450	118.00–124.00	120.92

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)	1st/2nd Stage (1-6 mo)	1	—	1,430	1,450.00	1,450.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	980	1,370.00	1,370.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	2	—	1,325	2,000.00	2,000.00

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

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