Name: Meridian Livestock Auction livestock auction prices — 2023-07-24
Creator: RaisedBeef
Published: 2023-07-24

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $228.45/cwt on 50 head.

Average price

$228.45

50 head · 580 lb average

Value per head Derived

$1,324

Price × average weight ÷ 100

Grade differential Derived

−$257

per head · Medium and Large 3 over Medium and Large 2

$5.21/cwt at this weight

vs the market

−15.64

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 3	439	232.28	1,021	7thin
Medium and Large 1	677	229.25	1,551	15thin
Medium and Large 2	563	227.07	1,278	28

One grade step is worth $5.21/cwt here — about −$257 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 sale50 hd

228.45

—

MS average12 barns · 1,030 hd

244.09

−15.64

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	1,665	119.09	1,983	7thin
Cows	Boner 80-85%	Low	1,284	96.83	1,243	12
Cows	Lean 85-90%	Low	985	82.55	813	16

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)	Middle Aged (5-8 yrs)	1,058	$1,340	2thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,270	$1,325	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	1,135	$1,287	2thin
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	900	$1,100	1thin
Bred Heifers	1st/2nd Stage (1-6 mo)	(<2 yrs)	1,005	$1,420	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,025	$1,400	2thin

Every lot, as filed

63 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	—	433	233.85/cwt	230.00–235.00	1,013	6
Heifers	Medium and Large 2	—	755	175.00/cwt	175.00–175.00	1,321	1
Steers	Medium and Large 2	—	323	264.05/cwt	263.00–265.00	853	2
Steers	Medium and Large 1	—	1,006	196.00/cwt	196.00–196.00	1,972	5
Steers	Medium and Large 1	—	528	239.64/cwt	238.00–242.00	1,265	3
Heifers	Medium and Large 2	—	660	185.00/cwt	185.00–185.00	1,221	1
Steers	Medium and Large 1	—	480	260.00/cwt	260.00–260.00	1,248	1
Heifers	Medium and Large 1	—	855	172.49/cwt	171.00–174.00	1,475	2
Steers	Medium and Large 3	—	313	255.48/cwt	253.00–258.00	800	2
Steers	Medium and Large 3	—	635	205.00/cwt	205.00–205.00	1,302	1
Steers	Medium and Large 2	—	533	226.83/cwt	220.00–233.00	1,209	6
Heifers	Medium and Large 1	—	975	168.00/cwt	168.00–168.00	1,638	1
Steers	Medium and Large 3	—	575	218.00/cwt	218.00–218.00	1,254	1
Steers	Medium and Large 3	—	390	253.00/cwt	253.00–253.00	987	1
Steers	Medium and Large 2	—	425	255.00/cwt	255.00–255.00	1,084	1
Steers	Medium and Large 2	—	460	248.00/cwt	248.00–248.00	1,141	1
Steers	Medium and Large 3	—	425	219.49/cwt	219.00–220.00	933	2
Steers	Medium and Large 1	—	412	264.92/cwt	260.00–270.00	1,091	3
Steers	Medium and Large 2	—	583	222.64/cwt	220.00–225.00	1,298	3
Steers	Medium and Large 2	—	620	217.52/cwt	213.00–221.00	1,349	7
Steers	Medium and Large 2	—	388	263.04/cwt	261.00–265.00	1,021	2
Steers	Medium and Large 2	—	725	201.73/cwt	195.00–208.00	1,463	3
Steers	Medium and Large 1	—	580	235.00/cwt	235.00–235.00	1,363	1
Steers	Medium and Large 2	—	662	214.68/cwt	214.00–216.00	1,421	3
Steers	Medium and Large 1	—	620	225.00/cwt	225.00–225.00	1,395	2
Bulls	Medium and Large 2	—	405	225.00/cwt	225.00–225.00	911	1
Bulls	Medium and Large 2	—	479	231.97/cwt	226.00–236.00	1,111	5
Bulls	Medium and Large 1	—	440	250.38/cwt	243.00–255.00	1,102	3
Bulls	Medium and Large 2	—	530	200.00/cwt	200.00–200.00	1,060	1
Bulls	Medium and Large 1	—	516	220.48/cwt	217.00–225.00	1,138	4
Bulls	Medium and Large 1	—	475	249.01/cwt	248.00–250.00	1,183	2
Cows	Lean 85-90%	—	958	80.43/cwt	76.00–83.00	771	4
Cows	Lean 85-90%	—	1,012	87.71/cwt	84.00–92.00	888	10
Bulls	—	—	1,728	116.24/cwt	116.00–116.50	2,009	2
Bulls	—	—	1,425	111.00/cwt	111.00–111.00	1,582	1
Bulls	—	—	1,693	122.54/cwt	119.00–126.00	2,075	4
Cows	Lean 85-90%	—	905	60.95/cwt	60.00–62.00	552	2
Cows	Boner 80-85%	—	1,283	94.04/cwt	92.00–96.00	1,207	8
Cows	Boner 80-85%	—	1,285	102.40/cwt	97.00–107.00	1,316	4
Bred Heifers	Medium and Large 1	—	1,005	1,420.00/head	1,420.00–1,420.00	1,420	1
Bred Cows	Medium and Large 1	—	1,135	1,286.63/head	1,200.00–1,390.00	1,287	2
Bred Cows	Medium and Large 1	—	1,270	1,325.00/head	1,325.00–1,325.00	1,325	1
Bred Cows	Medium and Large 1	—	1,058	1,339.86/head	1,320.00–1,360.00	1,340	2
Bred Cows	Medium and Large 2	—	900	1,100.00/head	1,100.00–1,100.00	1,100	1
Cow-Calf Pairs	Medium and Large 1	—	1,025	1,400.00/head	1,400.00–1,400.00	1,400	2
Heifers	Medium and Large 2	—	728	175.12/cwt	170.00–180.00	1,275	2
Heifers	Medium and Large 3	—	545	203.00/cwt	203.00–203.00	1,106	1
Heifers	Medium and Large 1	—	845	175.00/cwt	175.00–175.00	1,479	1
Bulls	Medium and Large 2	—	658	180.50/cwt	180.00–181.00	1,188	2
Bulls	Medium and Large 2	—	645	175.00/cwt	175.00–175.00	1,129	1
Bulls	Medium and Large 3	—	780	168.00/cwt	168.00–168.00	1,310	1
Heifers	Medium and Large 2	—	370	237.11/cwt	235.00–239.00	877	2
Heifers	Medium and Large 2	—	523	222.30/cwt	218.00–225.00	1,163	3
Heifers	Medium and Large 3	—	453	208.95/cwt	200.00–218.00	947	2
Bulls	Medium and Large 3	—	590	188.00/cwt	188.00–188.00	1,109	1
Bulls	Medium and Large 3	—	463	219.03/cwt	218.00–220.00	1,014	2
Bulls	Medium and Large 1	—	620	198.00/cwt	198.00–198.00	1,228	1
Heifers	Medium and Large 3	—	425	215.00/cwt	215.00–215.00	914	1
Heifers	Medium and Large 2	—	325	235.08/cwt	230.00–240.00	764	2
Heifers	Medium and Large 1	—	505	231.00/cwt	230.00–232.00	1,167	2
Heifers	Medium and Large 1	—	421	239.47/cwt	238.00–243.00	1,008	6
Heifers	Medium and Large 2	—	472	234.02/cwt	232.00–235.00	1,105	5
Heifers	Medium and Large 1	—	490	240.00/cwt	240.00–240.00	1,176	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 Jul 24, 2023

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

Feeder CattleReceipts 212Last week 416Year ago 306

Slaughter CattleReceipts 58Last week 41Year ago 27

Replacement CattleReceipts 18Last week 49Year ago 19

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

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
6	—	433	230.00–235.00	233.85
1	—	755	175.00	175.00
1	—	660	185.00	185.00
2	—	728	170.00–180.00	175.12
2	—	370	235.00–239.00	237.11
3	—	523	218.00–225.00	222.30
2	—	325	230.00–240.00	235.08
5	—	472	232.00–235.00	234.02
Heifers — Medium and Large 1$ per cwt · actual wt
2	—	855	171.00–174.00	172.49
1	—	975	168.00	168.00
1	—	845	175.00	175.00
2	—	505	230.00–232.00	231.00
6	—	421	238.00–243.00	239.47
1	—	490	240.00	240.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	545	203.00	203.00
2	—	453	200.00–218.00	208.95
1	—	425	215.00	215.00
Steers — Medium and Large 2$ per cwt · actual wt
2	—	323	263.00–265.00	264.05
6	—	533	220.00–233.00	226.83
1	—	425	255.00	255.00
1	—	460	248.00	248.00
3	—	583	220.00–225.00	222.64
7	—	620	213.00–221.00	217.52
2	—	388	261.00–265.00	263.04
3	—	725	195.00–208.00	201.73
3	—	662	214.00–216.00	214.68
Steers — Medium and Large 1$ per cwt · actual wt
5	—	1,006	196.00	196.00
3	—	528	238.00–242.00	239.64
1	—	480	260.00	260.00
3	—	412	260.00–270.00	264.92
1	—	580	235.00	235.00
2	—	620	225.00	225.00
Steers — Medium and Large 3$ per cwt · actual wt
2	—	313	253.00–258.00	255.48
1	—	635	205.00	205.00
1	—	575	218.00	218.00
1	—	390	253.00	253.00
2	—	425	219.00–220.00	219.49
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	405	225.00	225.00
5	—	479	226.00–236.00	231.97
1	—	530	200.00	200.00
2	—	658	180.00–181.00	180.50
1	—	645	175.00	175.00
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	440	243.00–255.00	250.38
4	—	516	217.00–225.00	220.48
2	—	475	248.00–250.00	249.01
1	—	620	198.00	198.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	780	168.00	168.00
1	—	590	188.00	188.00
2	—	463	218.00–220.00	219.03

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	958	76.00–83.00	80.43
10	—	1,012	84.00–92.00	87.71
2	—	905	60.00–62.00	60.95
Cows — Boner 80-85%$ per cwt · actual wt
8	—	1,283	92.00–96.00	94.04
4	—	1,285	97.00–107.00	102.40
Bulls$ per cwt · actual wt
2	—	1,728	116.00–116.50	116.24
1	—	1,425	111.00	111.00
4	—	1,693	119.00–126.00	122.54

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1$ per head · actual wt
(<2 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,005	1,420.00	1,420.00
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,135	1,200.00–1,390.00	1,286.63
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,270	1,325.00	1,325.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,058	1,320.00–1,360.00	1,339.86
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	900	1,100.00	1,100.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	2	—	1,025	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

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