Name: Meridian Livestock Auction livestock auction prices — 2023-08-07
Creator: RaisedBeef
Published: 2023-08-07

Reporter comment USDA

As filed

Good day, as compared to last weeks market feeder calves were steady. And slaughter cows steady and bulls were higher.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $207.25/cwt on 59 head.

Average price

$207.25

59 head · 537 lb average

Value per head Derived

$1,113

Price × average weight ÷ 100

Grade differential Derived

−$66

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

$29.83/cwt at this weight

vs the market

−14.85

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	455	220.69	1,004	16thin
Medium and Large 1	574	213.11	1,224	22
Medium and Large 3	561	190.86	1,071	21

One grade step is worth $29.83/cwt here — about −$66 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 sale59 hd

207.25

—

MS average13 barns · 1,052 hd

222.10

−14.85

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	1,670	119.67	1,998	3thin
Cows	Boner 80-85%	Low	1,200	101.23	1,215	17
Cows	Lean 85-90%	Low	903	80.78	730	13

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)	990	$1,200	1thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	825	$1,000	1thin
Bred Heifers	2nd/3rd Stage (4-9 mo)	(<2 yrs)	815	$1,167	2thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,005	$1,375	2thin
Cow-Calf Pairs	2nd Stage (4-6 mo)	Young (2-4 yrs)	985	$1,275	2thin

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 1	—	505	248.00/cwt	248.00–248.00	1,252	1
Steers	Medium and Large 1	—	618	236.34/cwt	234.00–239.00	1,461	3
Heifers	Medium and Large 3	—	550	190.00/cwt	190.00–190.00	1,045	1
Steers	Medium and Large 1	—	310	300.00/cwt	300.00–300.00	930	1
Heifers	Medium and Large 2	—	585	204.00/cwt	204.00–204.00	1,193	2
Heifers	Medium and Large 1	—	690	192.00/cwt	192.00–192.00	1,325	1
Steers	Medium and Large 2	—	305	273.00/cwt	273.00–273.00	833	1
Steers	Medium and Large 2	—	378	281.48/cwt	275.00–288.00	1,064	6
Heifers	Medium and Large 1	—	850	178.00/cwt	178.00–178.00	1,513	1
Steers	Medium and Large 3	—	515	211.20/cwt	209.00–220.00	1,088	5
Steers	Medium and Large 3	—	310	267.46/cwt	265.00–270.00	829	2
Steers	Medium and Large 1	—	424	276.22/cwt	268.00–294.00	1,171	4
Steers	Medium and Large 2	—	420	250.00/cwt	250.00–250.00	1,050	1
Steers	Medium and Large 2	—	524	230.21/cwt	225.00–236.00	1,206	8
Steers	Medium and Large 1	—	465	274.00/cwt	274.00–274.00	1,274	1
Steers	Medium and Large 2	—	485	240.49/cwt	240.00–242.00	1,166	4
Steers	Medium and Large 3	—	570	217.63/cwt	213.00–220.00	1,240	3
Steers	Medium and Large 3	—	680	209.00/cwt	209.00–209.00	1,421	1
Steers	Medium and Large 2	—	778	210.00/cwt	210.00–210.00	1,634	2
Steers	Medium and Large 2	—	560	234.00/cwt	234.00–234.00	1,310	1
Steers	Medium and Large 2	—	624	222.93/cwt	213.00–225.00	1,391	10
Steers	Medium and Large 2	—	675	219.50/cwt	219.00–220.00	1,482	2
Steers	Medium and Large 2	—	735	200.00/cwt	200.00–200.00	1,470	1
Bulls	Medium and Large 1	—	425	268.00/cwt	268.00–268.00	1,139	2
Bulls	Medium and Large 2	—	567	205.26/cwt	200.00–210.00	1,164	3
Bulls	Medium and Large 2	—	527	208.66/cwt	206.00–210.00	1,100	3
Bulls	Medium and Large 1	—	450	260.00/cwt	260.00–260.00	1,170	1
Bulls	Medium and Large 1	—	622	200.95/cwt	193.00–210.00	1,250	3
Bulls	Medium and Large 1	—	515	228.00/cwt	228.00–228.00	1,174	1
Cows	Lean 85-90%	—	883	70.43/cwt	65.00–75.00	622	6
Bulls	—	—	1,655	119.00/cwt	119.00–119.00	1,969	1
Cows	Lean 85-90%	—	921	89.65/cwt	85.00–93.00	826	7
Cows	Boner 80-85%	—	1,191	97.25/cwt	94.00–101.00	1,158	9
Cows	Boner 80-85%	—	1,211	105.70/cwt	102.50–112.00	1,280	8
Bulls	—	—	1,450	107.00/cwt	107.00–107.00	1,552	1
Bulls	—	—	1,905	133.00/cwt	133.00–133.00	2,534	1
Bred Heifers	Medium and Large 1	—	815	1,167.36/head	1,130.00–1,200.00	1,167	2
Bred Cows	Medium and Large 1	—	825	1,000.00/head	1,000.00–1,000.00	1,000	1
Bred Cows	Medium and Large 1	—	990	1,200.00/head	1,200.00–1,200.00	1,200	1
Cow-Calf Pairs	Medium and Large 1	—	1,005	1,375.00/head	1,375.00–1,375.00	1,375	2
Cow-Calf Pairs	Medium and Large 1	—	985	1,275.00/head	1,275.00–1,275.00	1,275	2
Heifers	Medium and Large 1	—	640	203.91/cwt	200.00–205.00	1,305	9
Bulls	Medium and Large 3	—	420	234.00/cwt	234.00–234.00	983	1
Bulls	Medium and Large 3	—	478	226.60/cwt	220.00–233.00	1,083	2
Bulls	Medium and Large 2	—	405	250.00/cwt	250.00–250.00	1,013	1
Bulls	Medium and Large 2	—	468	243.83/cwt	239.00–253.00	1,141	3
Bulls	Medium and Large 2	—	815	178.00/cwt	178.00–178.00	1,451	1
Heifers	Medium and Large 2	—	538	205.47/cwt	200.00–211.00	1,105	2
Bulls	Medium and Large 3	—	590	186.00/cwt	186.00–186.00	1,097	1
Heifers	Medium and Large 3	—	425	200.00/cwt	200.00–200.00	850	1
Heifers	Medium and Large 3	—	460	205.00/cwt	205.00–205.00	943	1
Heifers	Medium and Large 3	—	525	195.00/cwt	195.00–195.00	1,024	10
Heifers	Medium and Large 3	—	673	179.00/cwt	179.00–179.00	1,205	7
Heifers	Medium and Large 1	—	537	221.53/cwt	216.00–225.00	1,190	6
Heifers	Medium and Large 1	—	423	230.83/cwt	229.00–232.00	976	5
Heifers	Medium and Large 3	—	385	210.00/cwt	210.00–210.00	809	1
Heifers	Medium and Large 2	—	476	224.27/cwt	220.00–227.00	1,068	4
Heifers	Medium and Large 2	—	370	230.20/cwt	228.00–232.00	852	5
Heifers	Medium and Large 2	—	427	221.32/cwt	216.00–225.00	945	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 Aug 7, 2023

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

Feeder CattleReceipts 233Last week 252Year ago 336

Slaughter CattleReceipts 50Last week 44Year ago 65

Replacement CattleReceipts 16Last week 12Year ago 21

Good day, as compared to last weeks market feeder calves were steady. And slaughter cows steady and bulls were higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	505	248.00	248.00
3	—	618	234.00–239.00	236.34
1	—	310	300.00	300.00
4	—	424	268.00–294.00	276.22
1	—	465	274.00	274.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	305	273.00	273.00
6	—	378	275.00–288.00	281.48
1	—	420	250.00	250.00
8	—	524	225.00–236.00	230.21
4	—	485	240.00–242.00	240.49
2	—	778	210.00	210.00
1	—	560	234.00	234.00
10	—	624	213.00–225.00	222.93
2	—	675	219.00–220.00	219.50
1	—	735	200.00	200.00
Steers — Medium and Large 3$ per cwt · actual wt
5	—	515	209.00–220.00	211.20
2	—	310	265.00–270.00	267.46
3	—	570	213.00–220.00	217.63
1	—	680	209.00	209.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	550	190.00	190.00
1	—	425	200.00	200.00
1	—	460	205.00	205.00
10	—	525	195.00	195.00
7	—	673	179.00	179.00
1	—	385	210.00	210.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	585	204.00	204.00
2	—	538	200.00–211.00	205.47
4	—	476	220.00–227.00	224.27
5	—	370	228.00–232.00	230.20
3	—	427	216.00–225.00	221.32
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	690	192.00	192.00
1	—	850	178.00	178.00
9	—	640	200.00–205.00	203.91
6	—	537	216.00–225.00	221.53
5	—	423	229.00–232.00	230.83
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	425	268.00	268.00
1	—	450	260.00	260.00
3	—	622	193.00–210.00	200.95
1	—	515	228.00	228.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	567	200.00–210.00	205.26
3	—	527	206.00–210.00	208.66
1	—	405	250.00	250.00
3	—	468	239.00–253.00	243.83
1	—	815	178.00	178.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	420	234.00	234.00
2	—	478	220.00–233.00	226.60
1	—	590	186.00	186.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
6	—	883	65.00–75.00	70.43
7	—	921	85.00–93.00	89.65
Cows — Boner 80-85%$ per cwt · actual wt
9	—	1,191	94.00–101.00	97.25
8	—	1,211	102.50–112.00	105.70
Bulls$ per cwt · actual wt
1	—	1,655	119.00	119.00
1	—	1,450	107.00	107.00
1	—	1,905	133.00	133.00

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)	2nd/3rd Stage (4-9 mo)	2	—	815	1,130.00–1,200.00	1,167.36
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	825	1,000.00	1,000.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	990	1,200.00	1,200.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	2	—	1,005	1,375.00	1,375.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	985	1,275.00	1,275.00

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