Sale reports / Mississippi / Meridian Livestock Auction / 2023-08-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 21
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
319 head
59 vs last sale 378 54 vs year ago 373 · 14.5%
Slaughter Cattle receipts
68 head
6 vs last sale 62 15 vs year ago 53 · +28.3%
Replacement Cattle receipts
67 head
44 vs last sale 23 49 vs year ago 18 · +272.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-5 lower. Slaughter cows and bulls were 2-5 lower as well.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $232.46/cwt on 74 head.
Average price
$232.46
74 head · 594 lb average
Value per head Derived
$1,381
Price × average weight ÷ 100
Grade differential Derived
−$302
per head · Medium and Large 1 over Medium and Large 1-2
$29.50/cwt at this weight
vs the market
11.00
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1497249.321,23916thin
Medium and Large 2549237.761,30624
Medium and Large 3559224.471,2547thin
Medium and Large 1-2701219.811,54027
One grade step is worth $29.50/cwt here — about −$302 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 sale74 hd
232.46
MS average13 barns · 1,056 hd
243.45
−11.00
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsLow1,408109.751,5452thin
CowsBoner 80-85%Average1,23096.081,18219
CowsBreaker 75-80%Average1,40289.771,2593thin
CowsLean 85-90%Average94179.1874515

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 $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)952$1,2144thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,055$1,1934thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,028$1,1862thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)930$1,0613thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,005$1,0501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)915$8501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,303$1,5834thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,170$1,3802thin

Every lot, as filed

70 lots · USDA AMS · Meridian Stockyard - Meridian, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1620211.58/cwt200.00–213.001,31211
HeifersMedium and Large 1579213.04/cwt210.00–215.001,2346
SteersMedium and Large 3315255.00/cwt255.00–255.008031
SteersMedium and Large 3790190.00/cwt190.00–190.001,5011
SteersMedium and Large 3625204.64/cwt200.00–209.001,2792
SteersMedium and Large 1575238.03/cwt236.00–240.001,3692
HeifersMedium and Large 3305205.00/cwt205.00–205.006251
HeifersMedium and Large 2768186.44/cwt183.00–190.001,4322
SteersMedium and Large 1-2638227.00/cwt227.00–227.001,4485
SteersMedium and Large 2372265.66/cwt260.00–270.009885
SteersMedium and Large 2528232.46/cwt230.00–235.001,2272
SteersMedium and Large 2655221.00/cwt221.00–221.001,4481
HeifersMedium and Large 1-2624231.00/cwt231.00–231.001,44112
HeifersMedium and Large 1-2655226.00/cwt226.00–226.001,4803
SteersMedium and Large 2460256.00/cwt256.00–256.001,1781
SteersMedium and Large 1613232.67/cwt229.00–239.001,4263
SteersMedium and Large 2579231.02/cwt228.00–232.001,3386
SteersMedium and Large 2775208.00/cwt208.00–208.001,6125
SteersMedium and Large 1350273.00/cwt273.00–273.009561
SteersMedium and Large 1305280.00/cwt280.00–280.008541
SteersMedium and Large 3595221.00/cwt221.00–221.001,3151
SteersMedium and Large 1414266.97/cwt260.00–270.001,1054
SteersMedium and Large 1-2661229.00/cwt229.00–229.001,5148
SteersMedium and Large 1-2746212.00/cwt212.00–212.001,58214
SteersMedium and Large 2430253.00/cwt253.00–253.001,0881
SteersMedium and Large 3480248.02/cwt247.00–249.001,1902
SteersMedium and Large 2325270.00/cwt270.00–270.008782
SteersMedium and Large 1530238.82/cwt237.00–242.001,2665
SteersMedium and Large 2720217.00/cwt217.00–217.001,5621
BullsMedium and Large 2520212.57/cwt210.00–215.001,1052
BullsMedium and Large 2620182.00/cwt182.00–182.001,1281
BullsMedium and Large 1458270.00/cwt270.00–270.001,2372
BullsMedium and Large 1618199.00/cwt198.00–200.001,2302
BullsMedium and Large 1660191.00/cwt191.00–191.001,2611
BullsMedium and Large 1505228.00/cwt228.00–228.001,1511
CowsBreaker 75-80%1,40289.77/cwt88.00–91.001,2593
CowsBoner 80-85%1,309100.31/cwt98.00–104.501,3138
CowsLean 85-90%99887.39/cwt85.00–89.508725
CowsLean 85-90%89171.51/cwt70.00–72.006374
CowsLean 85-90%92677.44/cwt74.00–80.007176
CowsBoner 80-85%1,17293.01/cwt90.00–96.001,09011
Bulls1,30096.00/cwt96.00–96.001,2481
Bulls1,515123.50/cwt123.50–123.501,8711
Bred CowsMedium and Large 2915850.00/head850.00–850.008501
Cow-Calf PairsMedium and Large 11,1701,380.00/head1,380.00–1,380.001,3802
Bred CowsMedium and Large 2870995.98/head950.00–1,050.009962
Bred CowsMedium and Large 21,0051,050.00/head1,050.00–1,050.001,0501
Bred CowsMedium and Large 11,0501,190.00/head1,190.00–1,190.001,1901
Bred CowsMedium and Large 28001,100.00/head1,100.00–1,100.001,1001
Bred CowsMedium and Large 11,0031,252.16/head1,180.00–1,350.001,2523
Bred CowsMedium and Large 28551,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 11,1221,257.06/head1,200.00–1,280.001,2573
Bred CowsMedium and Large 11,0281,186.13/head1,125.00–1,250.001,1862
Cow-Calf PairsMedium and Large 11,3031,583.40/head1,350.00–1,750.001,5834
HeifersMedium and Large 3730180.00/cwt180.00–180.001,3141
HeifersMedium and Large 2525203.98/cwt200.00–208.001,0714
BullsMedium and Large 3620172.65/cwt170.00–178.001,0703
BullsMedium and Large 2455249.00/cwt249.00–249.001,1331
HeifersMedium and Large 1428223.26/cwt222.00–225.009564
BullsMedium and Large 3560195.99/cwt195.00–198.001,0983
HeifersMedium and Large 2395220.00/cwt220.00–220.008691
HeifersMedium and Large 2340215.00/cwt215.00–215.007311
HeifersMedium and Large 2660187.46/cwt182.00–193.001,2374
HeifersMedium and Large 3430198.00/cwt198.00–198.008511
HeifersMedium and Large 2570205.00/cwt205.00–205.001,1691
HeifersMedium and Large 3582183.30/cwt180.00–190.001,0673
HeifersMedium and Large 2430210.00/cwt210.00–210.009031
HeifersMedium and Large 1518215.40/cwt213.00–218.001,1165
HeifersMedium and Large 1464220.49/cwt218.00–225.001,0234
HeifersMedium and Large 2490211.52/cwt208.00–215.001,0364

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.