Name: Meridian Livestock Auction livestock auction prices — 2023-07-17
Creator: RaisedBeef
Published: 2023-07-17

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cows and bulls were a little cheaper.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $258.71/cwt on 157 head.

Average price

$258.71

157 head · 556 lb average

Value per head Derived

$1,438

Price × average weight ÷ 100

Grade differential Derived

$137

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

$32.54/cwt at this weight

vs the market

+15.60

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	454	268.54	1,219	13thin
Medium and Large 1-2	575	261.13	1,502	121
Medium and Large 2	522	241.13	1,258	20
Medium and Large 3	458	236.00	1,082	3thin

One grade step is worth $32.54/cwt here — about $137 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 sale157 hd

258.71

—

MS average13 barns · 1,157 hd

243.12

+15.60

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	1,617	109.97	1,778	3thin
Cows	Boner 80-85%	Low	1,267	98.34	1,246	11
Cows	Breaker 75-80%	Average	1,448	87.60	1,268	5thin
Cows	Lean 85-90%	Low	981	81.82	802	9thin

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)	1,320	$1,350	1thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	1,050	$1,300	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,310	$1,212	2thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,165	$1,150	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,142	$1,144	3thin

Every lot, as filed

65 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	—	808	180.00/cwt	180.00–180.00	1,454	2
Heifers	Medium and Large 1	—	574	234.00/cwt	234.00–234.00	1,343	32
Heifers	Medium and Large 1	—	335	253.00/cwt	253.00–253.00	848	1
Steers	Medium and Large 3	—	310	243.00/cwt	243.00–243.00	753	1
Steers	Medium and Large 1	—	468	270.00/cwt	270.00–270.00	1,264	4
Heifers	Medium and Large 1	—	620	218.00/cwt	218.00–218.00	1,352	1
Steers	Medium and Large 1	—	590	248.00/cwt	248.00–248.00	1,463	1
Steers	Medium and Large 1	—	318	290.00/cwt	290.00–290.00	922	3
Steers	Medium and Large 1	—	375	281.48/cwt	280.00–283.00	1,056	2
Steers	Medium and Large 1-2	—	667	240.00/cwt	240.00–240.00	1,601	28
Steers	Medium and Large 2	—	562	228.00/cwt	228.00–228.00	1,281	2
Heifers	Medium and Large 1	—	1,050	150.00/cwt	150.00–150.00	1,575	4
Steers	Medium and Large 3	—	370	255.00/cwt	255.00–255.00	944	1
Steers	Medium and Large 2	—	636	220.43/cwt	218.00–225.00	1,402	7
Steers	Medium and Large 3	—	695	210.00/cwt	210.00–210.00	1,460	1
Steers	Medium and Large 1-2	—	489	275.28/cwt	275.00–276.00	1,346	14
Steers	Medium and Large 1-2	—	607	245.00/cwt	245.00–245.00	1,487	2
Steers	Medium and Large 1	—	675	230.00/cwt	230.00–230.00	1,553	1
Steers	Medium and Large 1-2	—	540	266.37/cwt	260.00–269.00	1,438	30
Steers	Medium and Large 2	—	660	223.00/cwt	223.00–223.00	1,472	3
Steers	Medium and Large 2	—	380	272.30/cwt	265.00–278.00	1,035	5
Steers	Medium and Large 1-2	—	567	266.84/cwt	266.00–270.00	1,513	47
Steers	Medium and Large 2	—	415	253.00/cwt	253.00–253.00	1,050	1
Steers	Medium and Large 1	—	635	230.00/cwt	230.00–230.00	1,461	1
Steers	Medium and Large 1	—	425	270.00/cwt	270.00–270.00	1,148	1
Steers	Medium and Large 2	—	280	270.00/cwt	270.00–270.00	756	2
Bulls	Medium and Large 3	—	515	207.00/cwt	207.00–207.00	1,066	1
Bulls	Medium and Large 2	—	440	253.36/cwt	250.00–259.00	1,115	3
Bulls	Medium and Large 2	—	490	255.00/cwt	255.00–255.00	1,250	1
Bulls	Medium and Large 1	—	455	265.00/cwt	265.00–265.00	1,206	2
Bulls	Medium and Large 1	—	423	268.21/cwt	263.00–275.00	1,135	5
Bulls	Medium and Large 1	—	535	220.00/cwt	220.00–220.00	1,177	1
Bulls	—	—	1,615	106.46/cwt	106.00–107.00	1,719	2
Cows	Lean 85-90%	—	910	71.33/cwt	68.00–75.00	649	3
Cows	Lean 85-90%	—	1,016	87.07/cwt	85.00–89.50	885	6
Cows	Breaker 75-80%	—	1,448	87.60/cwt	82.00–92.00	1,268	5
Cows	Boner 80-85%	—	1,246	95.31/cwt	92.50–97.00	1,188	6
Cows	Boner 80-85%	—	1,292	101.98/cwt	98.00–108.00	1,318	5
Bulls	—	—	1,620	117.00/cwt	117.00–117.00	1,895	1
Bred Cows	Medium and Large 1	—	1,320	1,350.00/head	1,350.00–1,350.00	1,350	1
Bred Cows	Medium and Large 1	—	1,165	1,150.00/head	1,150.00–1,150.00	1,150	1
Bred Cows	Medium and Large 1	—	1,142	1,144.01/head	1,100.00–1,170.00	1,144	3
Bred Cows	Medium and Large 1	—	1,310	1,211.89/head	1,110.00–1,300.00	1,212	2
Bred Cows	Medium and Large 1	—	1,050	1,300.00/head	1,300.00–1,300.00	1,300	1
Heifers	Medium and Large 2	—	478	238.01/cwt	237.00–239.00	1,138	2
Bulls	Medium and Large 3	—	468	225.19/cwt	220.00–230.00	1,054	2
Bulls	Medium and Large 3	—	585	200.00/cwt	200.00–200.00	1,170	1
Bulls	Medium and Large 3	—	635	175.00/cwt	175.00–175.00	1,111	1
Bulls	Medium and Large 3	—	715	175.00/cwt	175.00–175.00	1,251	1
Bulls	Medium and Large 3	—	435	220.00/cwt	220.00–220.00	957	1
Heifers	Medium and Large 1-2	—	646	230.00/cwt	230.00–230.00	1,486	30
Heifers	Medium and Large 2	—	383	240.04/cwt	238.00–242.00	919	2
Heifers	Medium and Large 3	—	530	204.91/cwt	200.00–210.00	1,086	2
Heifers	Medium and Large 3	—	405	190.00/cwt	190.00–190.00	770	1
Heifers	Medium and Large 2	—	625	200.00/cwt	200.00–200.00	1,250	11
Heifers	Medium and Large 2	—	412	235.79/cwt	233.00–239.00	971	4
Heifers	Medium and Large 2	—	320	230.00/cwt	230.00–230.00	736	1
Heifers	Medium and Large 1	—	513	232.28/cwt	229.00–238.00	1,192	3
Heifers	Medium and Large 1	—	458	244.03/cwt	241.00–250.00	1,118	14
Heifers	Medium and Large 2	—	518	218.98/cwt	218.00–220.00	1,134	2
Heifers	Medium and Large 2	—	560	220.00/cwt	220.00–220.00	1,232	1
Heifers	Medium and Large 1-2	—	551	250.00/cwt	250.00–250.00	1,378	16
Heifers	Medium and Large 1	—	377	247.02/cwt	245.00–248.00	931	6
Heifers	Medium and Large 1	—	433	244.86/cwt	240.00–250.00	1,060	2
Heifers	Medium and Large 3	—	463	202.13/cwt	193.00–220.00	936	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 Jul 17, 2023

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

Feeder CattleReceipts 416Last week 205Year ago 289

Slaughter CattleReceipts 41Last week 77Year ago 40

Replacement CattleReceipts 49Last week 51Year ago 17

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cows and bulls were a little cheaper.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	—	808	180.00	180.00
32	—	574	234.00	234.00
1	—	335	253.00	253.00
1	—	620	218.00	218.00
4	—	1,050	150.00	150.00
3	—	513	229.00–238.00	232.28
14	—	458	241.00–250.00	244.03
6	—	377	245.00–248.00	247.02
2	—	433	240.00–250.00	244.86
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	478	237.00–239.00	238.01
2	—	383	238.00–242.00	240.04
11	—	625	200.00	200.00
4	—	412	233.00–239.00	235.79
1	—	320	230.00	230.00
2	—	518	218.00–220.00	218.98
1	—	560	220.00	220.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
30	—	646	230.00	230.00
16	—	551	250.00	250.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	530	200.00–210.00	204.91
1	—	405	190.00	190.00
3	—	463	193.00–220.00	202.13
Steers — Medium and Large 3$ per cwt · actual wt
1	—	310	243.00	243.00
1	—	370	255.00	255.00
1	—	695	210.00	210.00
Steers — Medium and Large 1$ per cwt · actual wt
4	—	468	270.00	270.00
1	—	590	248.00	248.00
3	—	318	290.00	290.00
2	—	375	280.00–283.00	281.48
1	—	675	230.00	230.00
1	—	635	230.00	230.00
1	—	425	270.00	270.00
Steers — Medium and Large 1-2$ per cwt · actual wt
28	—	667	240.00	240.00
14	—	489	275.00–276.00	275.28
2	—	607	245.00	245.00
30	—	540	260.00–269.00	266.37
47	—	567	266.00–270.00	266.84
Steers — Medium and Large 2$ per cwt · actual wt
2	—	562	228.00	228.00
7	—	636	218.00–225.00	220.43
3	—	660	223.00	223.00
5	—	380	265.00–278.00	272.30
1	—	415	253.00	253.00
2	—	280	270.00	270.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	515	207.00	207.00
2	—	468	220.00–230.00	225.19
1	—	585	200.00	200.00
1	—	635	175.00	175.00
1	—	715	175.00	175.00
1	—	435	220.00	220.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	440	250.00–259.00	253.36
1	—	490	255.00	255.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	455	265.00	265.00
5	—	423	263.00–275.00	268.21
1	—	535	220.00	220.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,615	106.00–107.00	106.46
1	—	1,620	117.00	117.00
Cows — Lean 85-90%$ per cwt · actual wt
3	—	910	68.00–75.00	71.33
6	—	1,016	85.00–89.50	87.07
Cows — Breaker 75-80%$ per cwt · actual wt
5	—	1,448	82.00–92.00	87.60
Cows — Boner 80-85%$ per cwt · actual wt
6	—	1,246	92.50–97.00	95.31
5	—	1,292	98.00–108.00	101.98

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 Stage (4-6 mo)	1	—	1,320	1,350.00	1,350.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,165	1,150.00	1,150.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,142	1,100.00–1,170.00	1,144.01
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,310	1,110.00–1,300.00	1,211.89
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,050	1,300.00	1,300.00

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