Name: Meridian Livestock Auction livestock auction prices — 2023-06-26
Creator: RaisedBeef
Published: 2023-06-26

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cows 2-4 higher. Reminder no sales next week in observance of Independence day.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $202.59/cwt on 85 head.

Average price

$202.59

85 head · 546 lb average

Value per head Derived

$1,106

Price × average weight ÷ 100

Grade differential Derived

$98

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

$40.23/cwt at this weight

vs the market

−8.83

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	509	219.73	1,118	28
Medium and Large 2	562	203.39	1,143	35
Medium and Large 3	568	179.51	1,020	22

One grade step is worth $40.23/cwt here — about $98 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 sale85 hd

202.59

—

MS average13 barns · 1,256 hd

211.42

−8.83

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	1,631	115.56	1,884	7thin
Cows	Boner 80-85%	Low	1,169	100.88	1,180	16
Cows	Lean 85-90%	Average	1,039	84.42	877	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)	Young (2-4 yrs)	980	$1,325	1thin
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	1,068	$1,240	2thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,114	$1,178	4thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,122	$1,833	6
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,306	$1,575	10

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	—	477	224.23/cwt	220.00–234.00	1,070	9
Heifers	Medium and Large 1	—	424	228.51/cwt	220.00–232.00	969	9
Heifers	Medium and Large 1	—	653	202.99/cwt	200.00–206.00	1,326	2
Steers	Medium and Large 2	—	607	197.01/cwt	190.00–201.00	1,196	3
Heifers	Medium and Large 2	—	734	183.91/cwt	180.00–190.00	1,350	5
Steers	Medium and Large 1	—	395	255.00/cwt	255.00–255.00	1,007	1
Steers	Medium and Large 1	—	417	249.70/cwt	248.00–251.00	1,041	3
Steers	Medium and Large 1	—	563	230.00/cwt	230.00–230.00	1,295	2
Steers	Medium and Large 1	—	488	246.48/cwt	245.00–248.00	1,203	2
Steers	Medium and Large 2	—	900	166.00/cwt	166.00–166.00	1,494	1
Heifers	Medium and Large 1	—	633	204.03/cwt	200.00–207.00	1,292	6
Steers	Medium and Large 3	—	680	185.00/cwt	185.00–185.00	1,258	1
Steers	Medium and Large 3	—	305	220.00/cwt	220.00–220.00	671	1
Steers	Medium and Large 3	—	475	220.00/cwt	220.00–220.00	1,045	1
Steers	Medium and Large 2	—	520	220.00/cwt	220.00–220.00	1,144	1
Steers	Medium and Large 2	—	770	201.00/cwt	201.00–201.00	1,548	1
Steers	Medium and Large 1	—	520	241.81/cwt	232.00–247.00	1,257	3
Steers	Medium and Large 2	—	425	238.00/cwt	238.00–238.00	1,012	1
Steers	Medium and Large 2	—	565	211.79/cwt	210.00–220.00	1,197	11
Steers	Medium and Large 2	—	363	247.61/cwt	245.00–250.00	899	3
Steers	Medium and Large 1-2	—	707	210.00/cwt	210.00–210.00	1,485	8
Steers	Medium and Large 2	—	275	240.00/cwt	240.00–240.00	660	1
Steers	Medium and Large 2	—	325	245.00/cwt	240.00–250.00	796	2
Steers	Medium and Large 1	—	330	259.34/cwt	258.00–260.00	856	3
Steers	Medium and Large 1-2	—	600	240.00/cwt	240.00–240.00	1,440	8
Steers	Medium and Large 2	—	1,120	122.00/cwt	122.00–122.00	1,366	1
Steers	Medium and Large 1	—	635	217.52/cwt	215.00–225.00	1,381	4
Bulls	Medium and Large 3	—	438	208.93/cwt	205.00–213.00	915	2
Bulls	Medium and Large 3	—	578	179.98/cwt	175.00–185.00	1,040	2
Bulls	Medium and Large 2	—	423	222.88/cwt	220.00–226.00	943	2
Bulls	Medium and Large 1	—	470	234.00/cwt	234.00–234.00	1,100	1
Bulls	Medium and Large 1	—	505	231.50/cwt	228.00–235.00	1,169	2
Bulls	Medium and Large 1	—	430	242.52/cwt	242.00–243.00	1,043	2
Cows	Boner 80-85%	—	1,080	95.05/cwt	92.50–98.00	1,027	6
Cows	Lean 85-90%	—	1,068	87.75/cwt	82.00–90.00	937	6
Cows	Lean 85-90%	—	953	74.42/cwt	72.50–76.00	709	2
Bulls	—	—	1,425	112.50/cwt	112.50–112.50	1,603	1
Bulls	—	—	1,665	116.07/cwt	113.00–117.50	1,933	6
Cows	Boner 80-85%	—	1,223	104.37/cwt	100.00–108.00	1,276	10
Bred Cows	Medium and Large 1	—	980	1,325.00/head	1,325.00–1,325.00	1,325	1
Bred Cows	Medium and Large 1	—	985	1,300.00/head	1,300.00–1,300.00	1,300	1
Bred Cows	Medium and Large 1	—	1,160	1,310.00/head	1,310.00–1,310.00	1,310	1
Cow-Calf Pairs	Medium and Large 1	—	1,025	1,850.00/head	1,850.00–1,850.00	1,850	4
Cow-Calf Pairs	Medium and Large 1	—	1,315	1,800.00/head	1,800.00–1,800.00	1,800	2
Bred Cows	Medium and Large 2	—	1,098	1,133.69/head	1,100.00–1,150.00	1,134	3
Cow-Calf Pairs	Medium and Large 1	—	1,334	1,619.32/head	1,480.00–1,800.00	1,619	8
Bred Cows	Medium and Large 2	—	1,150	1,180.00/head	1,180.00–1,180.00	1,180	1
Cow-Calf Pairs	Medium and Large 1	—	1,195	1,400.00/head	1,400.00–1,400.00	1,400	2
Heifers	Medium and Large 3	—	670	181.00/cwt	181.00–181.00	1,213	1
Heifers	Medium and Large 3	—	618	175.14/cwt	170.00–185.00	1,082	12
Heifers	Medium and Large 3	—	318	209.72/cwt	205.00–215.00	667	2
Heifers	Medium and Large 2	—	675	192.00/cwt	192.00–192.00	1,296	1
Bulls	Medium and Large 3	—	465	200.00/cwt	200.00–200.00	930	1
Heifers	Medium and Large 3	—	468	182.00/cwt	182.00–182.00	852	4
Heifers	Medium and Large 2	—	561	207.91/cwt	200.00–211.00	1,166	10
Heifers	Medium and Large 2	—	536	209.60/cwt	208.00–211.00	1,123	5
Heifers	Medium and Large 2	—	785	180.00/cwt	180.00–180.00	1,413	1
Heifers	Medium and Large 3	—	545	193.00/cwt	193.00–193.00	1,052	1
Heifers	Medium and Large 2	—	335	220.00/cwt	220.00–220.00	737	1
Heifers	Medium and Large 3	—	990	120.00/cwt	120.00–120.00	1,188	1
Heifers	Medium and Large 2	—	370	228.51/cwt	228.00–229.00	845	2
Heifers	Medium and Large 2	—	413	211.42/cwt	207.00–216.00	873	2
Heifers	Medium and Large 2	—	485	206.45/cwt	203.00–207.00	1,001	7
Heifers	Medium and Large 2	—	955	155.00/cwt	155.00–155.00	1,480	1
Steers	Medium and Large 1	—	829	197.00/cwt	197.00–197.00	1,633	5
Heifers	Medium and Large 3	—	375	206.00/cwt	206.00–206.00	773	1
Heifers	Medium and Large 1	—	515	223.88/cwt	218.00–230.00	1,153	2

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 26, 2023

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

Feeder CattleReceipts 356Last week 202Year ago 528

Slaughter CattleReceipts 59Last week 69Year ago 53

Replacement CattleReceipts 39Last week 70Year ago 19

Good day, as compared to the last market feeder calves were steady and slaughter cows 2-4 higher. Reminder no sales next week in observance of Independence day.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
9	—	477	220.00–234.00	224.23
9	—	424	220.00–232.00	228.51
2	—	653	200.00–206.00	202.99
6	—	633	200.00–207.00	204.03
2	—	515	218.00–230.00	223.88
Heifers — Medium and Large 2$ per cwt · actual wt
5	—	734	180.00–190.00	183.91
1	—	675	192.00	192.00
10	—	561	200.00–211.00	207.91
5	—	536	208.00–211.00	209.60
1	—	785	180.00	180.00
1	—	335	220.00	220.00
2	—	370	228.00–229.00	228.51
2	—	413	207.00–216.00	211.42
7	—	485	203.00–207.00	206.45
1	—	955	155.00	155.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	670	181.00	181.00
12	—	618	170.00–185.00	175.14
2	—	318	205.00–215.00	209.72
4	—	468	182.00	182.00
1	—	545	193.00	193.00
1	—	990	120.00	120.00
1	—	375	206.00	206.00
Steers — Medium and Large 2$ per cwt · actual wt
3	—	607	190.00–201.00	197.01
1	—	900	166.00	166.00
1	—	520	220.00	220.00
1	—	770	201.00	201.00
1	—	425	238.00	238.00
11	—	565	210.00–220.00	211.79
3	—	363	245.00–250.00	247.61
1	—	275	240.00	240.00
2	—	325	240.00–250.00	245.00
1	—	1,120	122.00	122.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	395	255.00	255.00
3	—	417	248.00–251.00	249.70
2	—	563	230.00	230.00
2	—	488	245.00–248.00	246.48
3	—	520	232.00–247.00	241.81
3	—	330	258.00–260.00	259.34
4	—	635	215.00–225.00	217.52
5	—	829	197.00	197.00
Steers — Medium and Large 3$ per cwt · actual wt
1	—	680	185.00	185.00
1	—	305	220.00	220.00
1	—	475	220.00	220.00
Steers — Medium and Large 1-2$ per cwt · actual wt
8	—	707	210.00	210.00
8	—	600	240.00	240.00
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	438	205.00–213.00	208.93
2	—	578	175.00–185.00	179.98
1	—	465	200.00	200.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	423	220.00–226.00	222.88
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	470	234.00	234.00
2	—	505	228.00–235.00	231.50
2	—	430	242.00–243.00	242.52

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
6	—	1,080	92.50–98.00	95.05
10	—	1,223	100.00–108.00	104.37
Cows — Lean 85-90%$ per cwt · actual wt
6	—	1,068	82.00–90.00	87.75
2	—	953	72.50–76.00	74.42
Bulls$ per cwt · actual wt
1	—	1,425	112.50	112.50
6	—	1,665	113.00–117.50	116.07

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)	1st/2nd Stage (1-6 mo)	1	—	980	1,325.00	1,325.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	985	1,300.00	1,300.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,160	1,310.00	1,310.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,098	1,100.00–1,150.00	1,133.69
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,150	1,180.00	1,180.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	4	—	1,025	1,850.00	1,850.00
Young (2-4 yrs)	Open	2	—	1,315	1,800.00	1,800.00
Middle Aged (5-8 yrs)	Open	8	—	1,334	1,480.00–1,800.00	1,619.32
Middle Aged (5-8 yrs)	Open	2	—	1,195	1,400.00	1,400.00

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