Sale reports / Mississippi / Meridian Livestock Auction / 2023-09-11

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 11
● Final78 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
472 head
114 vs last sale 358 69 vs year ago 403 · +17.1%
Slaughter Cattle receipts
65 head
25 vs last sale 90 20 vs year ago 45 · +44.4%
Replacement Cattle receipts
44 head
22 vs last sale 66 14 vs year ago 30 · +46.7%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 2-5 higher and slaughter cows and bulls steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $247.10/cwt on 77 head.
Average price
$247.10
77 head · 516 lb average
Value per head Derived
$1,276
Price × average weight ÷ 100
Grade differential Derived
−$3
per head · Medium and Large 1 over Medium and Large 3
$26.23/cwt at this weight
vs the market
+0.87
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1499257.511,28623
Medium and Large 2501250.491,25432
Medium and Large 3557231.281,28922
One grade step is worth $26.23/cwt here — about −$3 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 sale77 hd
247.10
MS average13 barns · 1,142 hd
246.22
+0.87
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
BullsAverage1,724124.882,1528thin
CowsBoner 80-85%Low1,287102.971,32517
CowsBreaker 75-80%Average1,43198.081,4045thin
CowsLean 85-90%Very Low99181.6680911

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 Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,283$1,3632thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,055$1,3251thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,115$1,2401thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,436$1,69512

Every lot, as filed

78 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 3405218.00/cwt218.00–218.008831
HeifersMedium and Large 2478224.59/cwt218.00–226.001,07416
HeifersMedium and Large 2586202.61/cwt195.00–205.001,1879
HeifersMedium and Large 1335238.00/cwt238.00–238.007971
HeifersMedium and Large 2715187.48/cwt185.00–190.001,3402
HeifersMedium and Large 2518202.56/cwt200.00–205.001,0492
HeifersMedium and Large 1455231.48/cwt230.00–233.001,0532
SteersMedium and Large 3450247.00/cwt246.00–248.001,1122
SteersMedium and Large 3692212.31/cwt210.00–217.001,4693
SteersMedium and Large 3638211.51/cwt210.00–213.001,3492
SteersMedium and Large 3533234.01/cwt233.00–235.001,2472
HeifersMedium and Large 1668201.99/cwt199.00–205.001,3492
HeifersMedium and Large 1900198.00/cwt198.00–198.001,7821
SteersMedium and Large 3425244.91/cwt243.00–247.001,0412
SteersMedium and Large 3385254.00/cwt248.00–260.009782
SteersMedium and Large 2528246.51/cwt246.00–247.001,3022
SteersMedium and Large 3325250.00/cwt250.00–250.008131
SteersMedium and Large 3557235.92/cwt230.00–239.001,3145
SteersMedium and Large 3760211.00/cwt211.00–211.001,6041
SteersMedium and Large 2628223.33/cwt220.00–228.001,4038
SteersMedium and Large 2305272.50/cwt270.00–275.008312
SteersMedium and Large 2690220.00/cwt220.00–220.001,5181
SteersMedium and Large 2383271.73/cwt268.00–273.001,0414
SteersMedium and Large 2428257.34/cwt255.00–262.001,1013
SteersMedium and Large 3725213.94/cwt212.00–216.001,5512
SteersMedium and Large 1565255.00/cwt255.00–255.001,4411
SteersMedium and Large 1520256.75/cwt251.00–260.001,3353
SteersMedium and Large 1618241.49/cwt240.00–243.001,4922
SteersMedium and Large 1920200.00/cwt200.00–200.001,8401
SteersMedium and Large 1415267.35/cwt263.00–273.001,11013
SteersMedium and Large 2485259.33/cwt258.00–260.001,25812
SteersMedium and Large 1473266.99/cwt266.00–268.001,2632
SteersMedium and Large 1865205.00/cwt205.00–205.001,7731
BullsMedium and Large 1510224.95/cwt220.00–230.001,1472
BullsMedium and Large 1458243.93/cwt240.00–248.001,1172
BullsMedium and Large 1615202.00/cwt202.00–202.001,2421
BullsMedium and Large 1810190.00/cwt190.00–190.001,5391
BullsMedium and Large 1795190.00/cwt190.00–190.001,5111
BullsMedium and Large 1660198.00/cwt198.00–198.001,3071
CowsLean 85-90%96772.34/cwt72.00–72.507003
CowsLean 85-90%90581.93/cwt78.00–84.007414
CowsLean 85-90%1,09588.37/cwt85.50–91.009684
CowsBreaker 75-80%1,43198.08/cwt95.00–100.001,4045
CowsBoner 80-85%1,07194.70/cwt92.00–96.001,0145
CowsBoner 80-85%1,409110.47/cwt110.00–112.001,5574
CowsBoner 80-85%1,360104.38/cwt102.50–108.001,4208
Bulls1,678121.53/cwt120.00–123.002,0394
Bulls1,535117.00/cwt117.00–117.001,7961
Bulls1,847131.98/cwt129.50–134.502,4383
Bred CowsMedium and Large 11,1151,240.00/head1,240.00–1,240.001,2401
Bred CowsMedium and Large 11,0551,325.00/head1,325.00–1,325.001,3251
Bred CowsMedium and Large 11,2831,362.69/head1,300.00–1,420.001,3632
Cow-Calf PairsMedium and Large 21,2801,300.00/head1,300.00–1,300.001,3002
Cow-Calf PairsMedium and Large 11,5181,871.13/head1,675.00–2,000.001,8716
Cow-Calf PairsMedium and Large 11,3901,627.07/head1,600.00–1,650.001,6274
BullsMedium and Large 1426246.19/cwt240.00–252.001,0495
BullsMedium and Large 3563198.04/cwt195.00–201.001,1152
BullsMedium and Large 3540198.99/cwt198.00–200.001,0752
BullsMedium and Large 2575206.55/cwt205.00–208.001,1882
BullsMedium and Large 2478236.45/cwt235.00–238.001,1302
BullsMedium and Large 2685190.00/cwt190.00–190.001,3021
HeifersMedium and Large 1367241.36/cwt238.00–243.008863
BullsMedium and Large 3483219.51/cwt218.00–221.001,0602
BullsMedium and Large 3420220.00/cwt220.00–220.009241
BullsMedium and Large 2723189.93/cwt187.00–193.001,3732
BullsMedium and Large 2605188.00/cwt188.00–188.001,1371
BullsMedium and Large 2533212.56/cwt209.00–216.001,1335
HeifersMedium and Large 3468213.93/cwt212.00–216.001,0012
HeifersMedium and Large 1705198.00/cwt198.00–198.001,3961
HeifersMedium and Large 1555218.00/cwt218.00–218.001,2101
HeifersMedium and Large 1431231.94/cwt229.00–238.001,0007
HeifersMedium and Large 1517215.50/cwt209.00–220.001,1146
HeifersMedium and Large 1629199.79/cwt198.00–202.001,2575
HeifersMedium and Large 1985183.00/cwt183.00–183.001,8031
HeifersMedium and Large 2615190.00/cwt190.00–190.001,1691
HeifersMedium and Large 2377227.98/cwt226.00–230.008593
HeifersMedium and Large 3380222.00/cwt222.00–222.008441
HeifersMedium and Large 2760183.00/cwt183.00–183.001,3911

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.