Sale reports / Mississippi / Meridian Livestock Auction / 2023-09-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 4
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
358 head
77 vs last sale 435 137 vs year ago 495 · 27.7%
Slaughter Cattle receipts
90 head
5 vs last sale 95 13 vs year ago 77 · +16.9%
Replacement Cattle receipts
66 head
26 vs last sale 40 157 vs year ago 223 · 70.4%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady but could have been a little cheaper in spots. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $238.81/cwt on 45 head.
Average price
$238.81
45 head · 518 lb average
Value per head Derived
$1,237
Price × average weight ÷ 100
Grade differential Derived
−$306
per head · Medium and Large 3 over Medium and Large 1
$23.44/cwt at this weight
vs the market
4.11
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3423249.661,0578thin
Medium and Large 2478246.161,17619thin
Medium and Large 1603226.221,36318thin
One grade step is worth $23.44/cwt here — about −$306 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 sale45 hd
238.81
MS average13 barns · 1,019 hd
242.91
−4.11
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
BullsAverage1,544120.891,86611
CowsBoner 80-85%Low1,197102.011,22115
CowsBreaker 75-80%Average1,38396.271,3314thin
CowsLean 85-90%Average96481.8278918

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/2nd Stage (1-6 mo)Young (2-4 yrs)930$1,5501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,155$1,3675
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,107$1,2604thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)875$1,2101thin
Cow-Calf PairsOpenAged (>8 yrs)1,355$2,0002thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,287$1,6618
Cow-Calf PairsOpenYoung (2-4 yrs)958$1,1754thin

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 2608184.00/cwt183.00–185.001,1192
HeifersMedium and Large 1568200.51/cwt200.00–201.001,1392
HeifersMedium and Large 2675183.99/cwt182.00–185.001,2424
HeifersMedium and Large 1450230.00/cwt230.00–230.001,0351
SteersMedium and Large 3435255.00/cwt255.00–255.001,1091
HeifersMedium and Large 2385220.00/cwt220.00–220.008475
HeifersMedium and Large 2530192.62/cwt191.00–195.001,0213
SteersMedium and Large 1616216.39/cwt215.00–218.001,3335
SteersMedium and Large 1663213.99/cwt210.00–220.001,4193
SteersMedium and Large 1808198.99/cwt198.00–200.001,6082
SteersMedium and Large 2645207.00/cwt207.00–207.001,3351
HeifersMedium and Large 1527200.91/cwt197.00–206.001,0593
HeifersMedium and Large 1320230.32/cwt229.00–232.007373
SteersMedium and Large 2380268.62/cwt264.00–275.001,0214
SteersMedium and Large 3375262.75/cwt260.00–265.009853
SteersMedium and Large 3685183.00/cwt183.00–183.001,2541
SteersMedium and Large 2325267.65/cwt265.00–270.008702
SteersMedium and Large 1514236.16/cwt230.00–240.001,2144
SteersMedium and Large 1550238.00/cwt238.00–238.001,3091
SteersMedium and Large 2745200.00/cwt200.00–200.001,4901
SteersMedium and Large 3338261.53/cwt260.00–263.008842
SteersMedium and Large 3465248.00/cwt248.00–248.001,1531
SteersMedium and Large 2485266.43/cwt263.00–270.001,2922
SteersMedium and Large 2563217.04/cwt215.00–220.001,2223
SteersMedium and Large 2535215.00/cwt215.00–215.001,1501
SteersMedium and Large 2670205.00/cwt205.00–205.001,3741
SteersMedium and Large 1705213.00/cwt213.00–213.001,5021
SteersMedium and Large 1425277.24/cwt272.00–283.001,1782
SteersMedium and Large 2414264.05/cwt260.00–268.001,0934
BullsMedium and Large 1470248.00/cwt248.00–248.001,1662
BullsMedium and Large 2427235.06/cwt230.00–240.001,0043
BullsMedium and Large 1650182.00/cwt182.00–182.001,1831
BullsMedium and Large 1520196.24/cwt190.00–200.001,0203
BullsMedium and Large 1613178.00/cwt178.00–178.001,0912
BullsMedium and Large 1425251.43/cwt250.00–253.001,0692
CowsBoner 80-85%1,14897.97/cwt95.00–101.001,1256
CowsBoner 80-85%1,230104.70/cwt102.00–107.501,2889
Bulls1,823125.54/cwt123.00–128.002,2892
CowsLean 85-90%1,01289.39/cwt88.00–91.009057
CowsLean 85-90%89873.49/cwt69.00–75.506606
CowsLean 85-90%97681.22/cwt78.00–84.007935
CowsBreaker 75-80%1,38396.27/cwt92.00–98.001,3314
Bulls1,458119.84/cwt119.00–121.001,7475
Bulls1,785130.00/cwt130.00–130.002,3211
Bulls1,485113.00/cwt113.00–113.001,6781
Bulls1,388118.23/cwt118.00–118.501,6412
Cow-Calf PairsMedium and Large 11,2931,633.95/head1,600.00–1,675.001,6344
Cow-Calf PairsMedium and Large 11,3552,000.00/head2,000.00–2,000.002,0002
Bred CowsMedium and Large 19301,550.00/head1,550.00–1,550.001,5501
Bred CowsMedium and Large 11,1551,367.49/head1,270.00–1,425.001,3675
Bred CowsMedium and Large 11,1201,450.00/head1,450.00–1,450.001,4501
Bred CowsMedium and Large 28751,210.00/head1,210.00–1,210.001,2101
Bred CowsMedium and Large 21,1021,196.13/head1,125.00–1,250.001,1963
Cow-Calf PairsMedium and Large 11,1951,650.00/head1,650.00–1,650.001,6502
Cow-Calf PairsMedium and Large 11,3651,725.00/head1,725.00–1,725.001,7252
Cow-Calf PairsMedium and Large 29581,174.80/head1,150.00–1,200.001,1754
HeifersMedium and Large 2430213.00/cwt213.00–213.009161
HeifersMedium and Large 3545180.00/cwt180.00–180.009811
HeifersMedium and Large 2700185.00/cwt185.00–185.001,2951
HeifersMedium and Large 3478197.93/cwt196.00–201.009464
HeifersMedium and Large 3580185.00/cwt185.00–185.001,0731
BullsMedium and Large 3480219.90/cwt215.00–225.001,0562
HeifersMedium and Large 1675188.00/cwt188.00–188.001,2691
HeifersMedium and Large 3405192.00/cwt192.00–192.007781
HeifersMedium and Large 1425219.67/cwt219.00–221.009346
HeifersMedium and Large 2780184.00/cwt184.00–184.001,4351
HeifersMedium and Large 2480211.00/cwt211.00–211.001,0131
HeifersMedium and Large 2585190.00/cwt190.00–190.001,1121
HeifersMedium and Large 1633189.53/cwt188.00–191.001,2002
HeifersMedium and Large 3385207.00/cwt207.00–207.007971

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.