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
Bulls—Average1,583114.931,8198thin
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 2—410231.48/cwt230.00–233.009492
HeifersMedium and Large 1-2—500250.00/cwt250.00–250.001,25020
SteersMedium and Large 3—423241.23/cwt235.00–248.001,0202
HeifersMedium and Large 2—540216.00/cwt214.00–219.001,1663
HeifersMedium and Large 2—713198.46/cwt195.00–202.001,4152
SteersMedium and Large 2—505240.00/cwt240.00–240.001,2121
SteersMedium and Large 3—370253.78/cwt250.00–258.009392
SteersMedium and Large 1—465268.00/cwt268.00–268.001,2461
SteersMedium and Large 2—375269.21/cwt265.00–273.001,0102
HeifersMedium and Large 1—421240.65/cwt235.00–245.001,0139
HeifersMedium and Large 1—455238.00/cwt238.00–238.001,0831
SteersMedium and Large 2—633224.77/cwt222.00–231.001,4237
SteersMedium and Large 3—333256.98/cwt255.00–258.008563
SteersMedium and Large 3—715210.00/cwt210.00–210.001,5021
SteersMedium and Large 2—476254.40/cwt251.00–260.001,2115
SteersMedium and Large 3—535220.00/cwt220.00–220.001,1771
SteersMedium and Large 2—318268.76/cwt265.00–275.008554
SteersMedium and Large 2—250273.00/cwt273.00–273.006831
SteersMedium and Large 2—718218.49/cwt217.00–220.001,5692
SteersMedium and Large 2—418255.37/cwt251.00–260.001,0672
SteersMedium and Large 1—613241.99/cwt241.00–243.001,4832
SteersMedium and Large 2—569241.16/cwt235.00–247.001,37213
SteersMedium and Large 3—568227.58/cwt227.00–231.001,2939
SteersMedium and Large 1—723235.00/cwt235.00–235.001,6992
SteersMedium and Large 1—785225.00/cwt225.00–225.001,7661
SteersMedium and Large 1—665237.99/cwt237.00–239.001,5833
SteersMedium and Large 1—525258.73/cwt250.00–265.001,3585
SteersMedium and Large 1—418271.48/cwt268.00–275.001,1352
SteersMedium and Large 2—657219.32/cwt216.00–223.001,4413
SteersMedium and Large 1-2—769244.00/cwt244.00–244.001,87665
SteersMedium and Large 1-2—611260.00/cwt260.00–260.001,58977
SteersMedium and Large 1—565250.00/cwt250.00–250.001,4131
BullsMedium and Large 2—567205.02/cwt200.00–208.001,1623
BullsMedium and Large 1—428230.00/cwt230.00–230.009842
BullsMedium and Large 1—618214.61/cwt210.00–220.001,3265
BullsMedium and Large 1—765202.55/cwt200.00–205.001,5502
BullsMedium and Large 1—588219.01/cwt218.00–220.001,2882
BullsMedium and Large 1—483231.51/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
Bulls——1,540112.48/cwt112.00–113.001,7322
Bulls——1,565115.98/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
Bulls——1,835119.26/cwt118.50–120.002,1882
Bulls——1,215108.00/cwt108.00–108.001,3121
Bred CowsMedium and Large 2—1,2001,165.00/head1,165.00–1,165.001,1651
Bred CowsMedium and Large 2—1,1651,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 2—1,0471,058.22/head970.00–1,150.001,0583
Bred CowsMedium and Large 1—1,3401,424.72/head1,400.00–1,450.001,4252
Cow-Calf PairsMedium and Large 1—1,1551,325.00/head1,325.00–1,325.001,3252
BullsMedium and Large 3—465193.00/cwt193.00–193.008971
HeifersMedium and Large 1—598229.00/cwt229.00–229.001,36928
HeifersMedium and Large 1—885190.00/cwt190.00–190.001,6822
BullsMedium and Large 3—680180.00/cwt180.00–180.001,2241
BullsMedium and Large 2—650193.00/cwt193.00–193.001,2551
BullsMedium and Large 2—608197.97/cwt193.00–205.001,2043
HeifersMedium and Large 2—455230.68/cwt230.00–232.001,0503
HeifersMedium and Large 3—590200.00/cwt200.00–200.001,1801
HeifersMedium and Large 3—328220.00/cwt220.00–220.007222
HeifersMedium and Large 3—435220.00/cwt220.00–220.009571
HeifersMedium and Large 1—618218.00/cwt218.00–218.001,3472
BullsMedium and Large 2—725188.00/cwt188.00–188.001,3631
HeifersMedium and Large 2—390228.51/cwt228.00–229.008912
HeifersMedium and Large 1—680215.00/cwt215.00–215.001,4621
HeifersMedium and Large 1—505236.00/cwt236.00–236.001,1921
HeifersMedium and Large 3—465217.96/cwt216.00–220.001,0142
HeifersMedium and Large 2—584219.75/cwt212.00–222.001,28310
HeifersMedium and Large 3—514208.42/cwt203.00–211.001,0715
HeifersMedium and Large 1—712218.00/cwt218.00–218.001,55212
HeifersMedium and Large 3—643190.50/cwt190.00–191.001,2252
HeifersMedium and Large 3—665185.00/cwt185.00–185.001,2301
HeifersMedium and Large 2—633198.18/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.