Name: Meridian Livestock Auction livestock auction prices — 2023-06-12
Creator: RaisedBeef
Published: 2023-06-12

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were steady and heifers 2-4 higher. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $239.74/cwt on 92 head.

Average price

$239.74

92 head · 546 lb average

Value per head Derived

$1,309

Price × average weight ÷ 100

Grade differential Derived

$107

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

$55.44/cwt at this weight

vs the market

−3.17

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	458	272.07	1,247	20
Medium and Large 2	592	237.82	1,408	48
Medium and Large 3	526	216.63	1,140	24

One grade step is worth $55.44/cwt here — about $107 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 sale92 hd

239.74

—

MS average13 barns · 1,258 hd

242.91

−3.17

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	1,494	110.70	1,654	5thin
Cows	Boner 80-85%	Low	1,166	103.87	1,211	18
Cows	Breaker 75-80%	Average	1,521	101.44	1,543	5thin
Cows	Lean 85-90%	Very Low	898	80.42	722	20

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 Stage (4-6 mo)	Young (2-4 yrs)	1,025	$900	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,690	$1,984	4thin

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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Steers	Medium and Large 3	—	665	200.00/cwt	200.00–200.00	1,330	1
Steers	Medium and Large 3	—	525	210.00/cwt	210.00–210.00	1,103	13
Steers	Medium and Large 3	—	385	250.00/cwt	250.00–250.00	963	1
Steers	Medium and Large 3	—	423	236.64/cwt	233.00–240.00	1,001	2
Steers	Medium and Large 1	—	521	244.53/cwt	240.00–248.00	1,274	4
Heifers	Medium and Large 2	—	675	176.01/cwt	175.00–177.00	1,188	2
Steers	Medium and Large 1	—	319	308.83/cwt	290.00–315.00	985	6
Steers	Medium and Large 3	—	620	199.95/cwt	190.00–210.00	1,240	3
Steers	Medium and Large 3	—	485	248.65/cwt	248.00–250.00	1,206	3
Steers	Medium and Large 3	—	595	200.00/cwt	200.00–200.00	1,190	1
Steers	Medium and Large 1	—	240	308.00/cwt	308.00–308.00	739	1
Heifers	Medium and Large 2	—	340	223.00/cwt	223.00–223.00	758	1
Steers	Medium and Large 2	—	435	260.00/cwt	260.00–260.00	1,131	1
Steers	Medium and Large 1	—	415	283.37/cwt	280.00–290.00	1,176	3
Steers	Medium and Large 2	—	653	223.00/cwt	223.00–223.00	1,456	8
Steers	Medium and Large 2	—	585	225.00/cwt	225.00–225.00	1,316	1
Steers	Medium and Large 2	—	471	268.89/cwt	251.00–278.00	1,266	13
Steers	Medium and Large 1	—	675	233.00/cwt	233.00–233.00	1,573	1
Steers	Medium and Large 2	—	716	219.00/cwt	219.00–219.00	1,568	8
Steers	Medium and Large 1	—	622	241.06/cwt	235.00–245.00	1,499	3
Steers	Medium and Large 2	—	621	226.30/cwt	220.00–228.00	1,405	16
Steers	Medium and Large 1	—	570	248.00/cwt	248.00–248.00	1,414	2
Steers	Medium and Large 2	—	390	278.00/cwt	278.00–278.00	1,084	1
Bulls	Medium and Large 1	—	505	230.00/cwt	230.00–230.00	1,162	1
Bulls	Medium and Large 2	—	630	185.00/cwt	185.00–185.00	1,166	1
Bulls	Medium and Large 2	—	476	230.05/cwt	225.00–235.00	1,095	4
Bulls	Medium and Large 1	—	430	250.00/cwt	250.00–250.00	1,075	1
Bulls	Medium and Large 1	—	595	237.00/cwt	237.00–237.00	1,410	1
Bulls	Medium and Large 1	—	465	249.03/cwt	248.00–250.00	1,158	2
Cows	Lean 85-90%	—	832	67.26/cwt	64.00–70.00	560	5
Bulls	—	—	1,745	109.00/cwt	109.00–109.00	1,902	1
Bulls	—	—	1,130	100.00/cwt	100.00–100.00	1,130	1
Cows	Lean 85-90%	—	821	77.38/cwt	74.00–80.00	635	5
Cows	Lean 85-90%	—	969	88.51/cwt	82.50–92.00	858	10
Cows	Breaker 75-80%	—	1,521	101.44/cwt	99.00–104.00	1,543	5
Cows	Boner 80-85%	—	1,069	99.36/cwt	95.00–103.00	1,062	8
Cows	Boner 80-85%	—	1,244	107.48/cwt	105.00–111.00	1,337	10
Bulls	—	—	1,685	116.00/cwt	116.00–116.00	1,955	2
Bulls	—	—	1,225	112.50/cwt	112.50–112.50	1,378	1
Bred Cows	Medium and Large 2	—	1,025	900.00/head	900.00–900.00	900	1
Cow-Calf Pairs	Medium and Large 1	—	1,690	1,983.51/head	1,850.00–2,100.00	1,984	4
Heifers	Medium and Large 1	—	374	232.75/cwt	228.00–235.00	870	4
Heifers	Medium and Large 1	—	473	229.81/cwt	225.00–235.00	1,087	2
Heifers	Medium and Large 1	—	517	217.59/cwt	212.00–228.00	1,125	9
Bulls	Medium and Large 3	—	595	200.00/cwt	200.00–200.00	1,190	1
Bulls	Medium and Large 3	—	430	210.00/cwt	210.00–210.00	903	1
Bulls	Medium and Large 2	—	525	222.00/cwt	222.00–222.00	1,166	1
Heifers	Medium and Large 2	—	428	221.44/cwt	220.00–223.00	948	2
Heifers	Medium and Large 2	—	468	221.46/cwt	220.00–223.00	1,036	2
Heifers	Medium and Large 2	—	263	227.38/cwt	225.00–230.00	598	2
Heifers	Medium and Large 1	—	433	230.00/cwt	230.00–230.00	996	6
Heifers	Medium and Large 2	—	630	170.00/cwt	170.00–170.00	1,071	1
Heifers	Medium and Large 1	—	710	180.00/cwt	180.00–180.00	1,278	1
Heifers	Medium and Large 2	—	568	201.16/cwt	190.00–210.00	1,143	14
Heifers	Medium and Large 2	—	740	175.00/cwt	175.00–175.00	1,295	1
Heifers	Medium and Large 1	—	616	200.58/cwt	190.00–220.00	1,236	4
Heifers	Medium and Large 1	—	550	218.00/cwt	218.00–218.00	1,199	1
Heifers	Medium and Large 2	—	535	200.00/cwt	200.00–200.00	1,070	1
Heifers	Medium and Large 2	—	375	220.11/cwt	213.00–230.00	825	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 Jun 12, 2023

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

Feeder CattleReceipts 340Last week 454Year ago 290

Slaughter CattleReceipts 74Last week 49Year ago 43

Replacement CattleReceipts 16Last week 11Year ago 10

Good day, as compared to the last market feeder steers were steady and heifers 2-4 higher. Slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	665	200.00	200.00
13	—	525	210.00	210.00
1	—	385	250.00	250.00
2	—	423	233.00–240.00	236.64
3	—	620	190.00–210.00	199.95
3	—	485	248.00–250.00	248.65
1	—	595	200.00	200.00
Steers — Medium and Large 1$ per cwt · actual wt
4	—	521	240.00–248.00	244.53
6	—	319	290.00–315.00	308.83
1	—	240	308.00	308.00
3	—	415	280.00–290.00	283.37
1	—	675	233.00	233.00
3	—	622	235.00–245.00	241.06
2	—	570	248.00	248.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	435	260.00	260.00
8	—	653	223.00	223.00
1	—	585	225.00	225.00
13	—	471	251.00–278.00	268.89
8	—	716	219.00	219.00
16	—	621	220.00–228.00	226.30
1	—	390	278.00	278.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	675	175.00–177.00	176.01
1	—	340	223.00	223.00
2	—	428	220.00–223.00	221.44
2	—	468	220.00–223.00	221.46
2	—	263	225.00–230.00	227.38
1	—	630	170.00	170.00
14	—	568	190.00–210.00	201.16
1	—	740	175.00	175.00
1	—	535	200.00	200.00
3	—	375	213.00–230.00	220.11
Heifers — Medium and Large 1$ per cwt · actual wt
4	—	374	228.00–235.00	232.75
2	—	473	225.00–235.00	229.81
9	—	517	212.00–228.00	217.59
6	—	433	230.00	230.00
1	—	710	180.00	180.00
4	—	616	190.00–220.00	200.58
1	—	550	218.00	218.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	505	230.00	230.00
1	—	430	250.00	250.00
1	—	595	237.00	237.00
2	—	465	248.00–250.00	249.03
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	630	185.00	185.00
4	—	476	225.00–235.00	230.05
1	—	525	222.00	222.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	595	200.00	200.00
1	—	430	210.00	210.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
5	—	832	64.00–70.00	67.26
5	—	821	74.00–80.00	77.38
10	—	969	82.50–92.00	88.51
Cows — Breaker 75-80%$ per cwt · actual wt
5	—	1,521	99.00–104.00	101.44
Cows — Boner 80-85%$ per cwt · actual wt
8	—	1,069	95.00–103.00	99.36
10	—	1,244	105.00–111.00	107.48
Bulls$ per cwt · actual wt
1	—	1,745	109.00	109.00
1	—	1,130	100.00	100.00
2	—	1,685	116.00	116.00
1	—	1,225	112.50	112.50

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 Stage (4-6 mo)	1	—	1,025	900.00	900.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	Open	4	—	1,690	1,850.00–2,100.00	1,983.51

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