Sale reports / Mississippi / Meridian Livestock Auction / 2023-09-25

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 25
● Final76 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
557 head
32 vs last sale 525 27 vs year ago 530 · +5.1%
Slaughter Cattle receipts
99 head
28 vs last sale 71 46 vs year ago 53 · +86.8%
Replacement Cattle receipts
24 head
0 vs last sale 24 14 vs year ago 38 · 36.8%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 higher. Slaughter cows were steady and bulls 2-3 lower. Sold a load of black hided steers average weight 769 lbs. @ $ 2.4425 the load weighed 49,980. Also sold another load of steers black hided 77 head average weight 611 lbs. @ $ 2.5975.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $249.21/cwt on 217 head.
Average price
$249.21
217 head · 632 lb average
Value per head Derived
$1,575
Price × average weight ÷ 100
Grade differential Derived
$556
per head · Medium and Large 1-2 over Medium and Large 3
$17.17/cwt at this weight
vs the market
+5.66
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2683252.681,727142
Medium and Large 1585249.861,46117thin
Medium and Large 2531242.821,28940
Medium and Large 3497235.511,17118thin
One grade step is worth $17.17/cwt here — about $556 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 sale217 hd
249.21
MS average13 barns · 1,280 hd
243.55
+5.66
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
BullsAverage1,583114.931,8198thin
CowsBoner 80-85%Low1,22898.881,21415
CowsBreaker 75-80%Average1,33891.851,2293thin
CowsLean 85-90%Average1,02980.0082416

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)1,282$1,2833thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,200$1,1651thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,047$1,0583thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,155$1,3252thin

Every lot, as filed

76 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 2410231.48/cwt230.00–233.009492
HeifersMedium and Large 1-2500250.00/cwt250.00–250.001,25020
SteersMedium and Large 3423241.23/cwt235.00–248.001,0202
HeifersMedium and Large 2540216.00/cwt214.00–219.001,1663
HeifersMedium and Large 2713198.46/cwt195.00–202.001,4152
SteersMedium and Large 2505240.00/cwt240.00–240.001,2121
SteersMedium and Large 3370253.78/cwt250.00–258.009392
SteersMedium and Large 1465268.00/cwt268.00–268.001,2461
SteersMedium and Large 2375269.21/cwt265.00–273.001,0102
HeifersMedium and Large 1421240.65/cwt235.00–245.001,0139
HeifersMedium and Large 1455238.00/cwt238.00–238.001,0831
SteersMedium and Large 2633224.77/cwt222.00–231.001,4237
SteersMedium and Large 3333256.98/cwt255.00–258.008563
SteersMedium and Large 3715210.00/cwt210.00–210.001,5021
SteersMedium and Large 2476254.40/cwt251.00–260.001,2115
SteersMedium and Large 3535220.00/cwt220.00–220.001,1771
SteersMedium and Large 2318268.76/cwt265.00–275.008554
SteersMedium and Large 2250273.00/cwt273.00–273.006831
SteersMedium and Large 2718218.49/cwt217.00–220.001,5692
SteersMedium and Large 2418255.37/cwt251.00–260.001,0672
SteersMedium and Large 1613241.99/cwt241.00–243.001,4832
SteersMedium and Large 2569241.16/cwt235.00–247.001,37213
SteersMedium and Large 3568227.58/cwt227.00–231.001,2939
SteersMedium and Large 1723235.00/cwt235.00–235.001,6992
SteersMedium and Large 1785225.00/cwt225.00–225.001,7661
SteersMedium and Large 1665237.99/cwt237.00–239.001,5833
SteersMedium and Large 1525258.73/cwt250.00–265.001,3585
SteersMedium and Large 1418271.48/cwt268.00–275.001,1352
SteersMedium and Large 2657219.32/cwt216.00–223.001,4413
SteersMedium and Large 1-2769244.00/cwt244.00–244.001,87665
SteersMedium and Large 1-2611260.00/cwt260.00–260.001,58977
SteersMedium and Large 1565250.00/cwt250.00–250.001,4131
BullsMedium and Large 2567205.02/cwt200.00–208.001,1623
BullsMedium and Large 1428230.00/cwt230.00–230.009842
BullsMedium and Large 1618214.61/cwt210.00–220.001,3265
BullsMedium and Large 1765202.55/cwt200.00–205.001,5502
BullsMedium and Large 1588219.01/cwt218.00–220.001,2882
BullsMedium and Large 1483231.51/cwt230.00–233.001,1182
CowsLean 85-90%1,05684.97/cwt82.50–88.008977
CowsBreaker 75-80%1,33891.85/cwt88.50–95.501,2293
CowsLean 85-90%1,00171.87/cwt68.00–75.007194
CowsLean 85-90%1,01579.54/cwt78.00–81.008075
Bulls1,540112.48/cwt112.00–113.001,7322
Bulls1,565115.98/cwt115.00–117.001,8153
CowsBoner 80-85%1,15894.79/cwt92.00–98.501,0988
CowsBoner 80-85%1,265110.00/cwt110.00–110.001,3921
CowsBoner 80-85%1,315102.47/cwt100.00–105.501,3476
Bulls1,835119.26/cwt118.50–120.002,1882
Bulls1,215108.00/cwt108.00–108.001,3121
Bred CowsMedium and Large 21,2001,165.00/head1,165.00–1,165.001,1651
Bred CowsMedium and Large 21,1651,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 21,0471,058.22/head970.00–1,150.001,0583
Bred CowsMedium and Large 11,3401,424.72/head1,400.00–1,450.001,4252
Cow-Calf PairsMedium and Large 11,1551,325.00/head1,325.00–1,325.001,3252
BullsMedium and Large 3465193.00/cwt193.00–193.008971
HeifersMedium and Large 1598229.00/cwt229.00–229.001,36928
HeifersMedium and Large 1885190.00/cwt190.00–190.001,6822
BullsMedium and Large 3680180.00/cwt180.00–180.001,2241
BullsMedium and Large 2650193.00/cwt193.00–193.001,2551
BullsMedium and Large 2608197.97/cwt193.00–205.001,2043
HeifersMedium and Large 2455230.68/cwt230.00–232.001,0503
HeifersMedium and Large 3590200.00/cwt200.00–200.001,1801
HeifersMedium and Large 3328220.00/cwt220.00–220.007222
HeifersMedium and Large 3435220.00/cwt220.00–220.009571
HeifersMedium and Large 1618218.00/cwt218.00–218.001,3472
BullsMedium and Large 2725188.00/cwt188.00–188.001,3631
HeifersMedium and Large 2390228.51/cwt228.00–229.008912
HeifersMedium and Large 1680215.00/cwt215.00–215.001,4621
HeifersMedium and Large 1505236.00/cwt236.00–236.001,1921
HeifersMedium and Large 3465217.96/cwt216.00–220.001,0142
HeifersMedium and Large 2584219.75/cwt212.00–222.001,28310
HeifersMedium and Large 3514208.42/cwt203.00–211.001,0715
HeifersMedium and Large 1712218.00/cwt218.00–218.001,55212
HeifersMedium and Large 3643190.50/cwt190.00–191.001,2252
HeifersMedium and Large 3665185.00/cwt185.00–185.001,2301
HeifersMedium and Large 2633198.18/cwt192.00–205.001,2544

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.