Sale reports / Mississippi / Meridian Livestock Auction / 2023-10-02

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 2
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
291 head
▼ 266 vs last sale 557▼ 111 vs year ago 402 · −27.6%
Slaughter Cattle receipts
94 head
▼ 5 vs last sale 99▲ 52 vs year ago 42 · +123.8%
Replacement Cattle receipts
36 head
▲ 12 vs last sale 24▼ 192 vs year ago 228 · −84.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were a little cheaper and heifers 3-7 lower. Slaughter cattle were 5 lower.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $206.40/cwt on 65 head.
Average price
$206.40
65 head · 505 lb average
Value per head Derived
$1,042
Price × average weight ÷ 100
Grade differential Derived
$51
per head · Medium and Large 2 over Medium and Large 3
$10.93/cwt at this weight
vs the market
−6.37
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2483209.161,01021
Medium and Large 1530208.281,10430
Medium and Large 3484198.2395914thin
One grade step is worth $10.93/cwt here — about $51 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 sale65 hd
206.40
—
MS average12 barns · 1,071 hd
212.77
−6.37
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—Low1,518113.321,72013
CowsBoner 80-85%Low1,14596.191,10111
CowsBreaker 75-80%Average1,39087.421,2155thin
CowsLean 85-90%Average96977.7575417

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)Young (2-4 yrs)947$1,0463thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)908$9892thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,090$9601thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,030$1,2002thin

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 2—380229.34/cwt225.00–233.008713
HeifersMedium and Large 1—554200.00/cwt200.00–200.001,10812
HeifersMedium and Large 3—320215.00/cwt215.00–215.006881
HeifersMedium and Large 2—478213.88/cwt210.00–219.001,0226
HeifersMedium and Large 2—690185.00/cwt185.00–185.001,2771
HeifersMedium and Large 2—605185.00/cwt185.00–185.001,1191
SteersMedium and Large 3—320245.00/cwt245.00–245.007841
SteersMedium and Large 1—525249.03/cwt242.00–253.001,3073
HeifersMedium and Large 2—555190.00/cwt190.00–190.001,0551
HeifersMedium and Large 2—735173.00/cwt173.00–173.001,2721
HeifersMedium and Large 3—368215.00/cwt215.00–215.007912
HeifersMedium and Large 2—425215.19/cwt210.00–219.009155
SteersMedium and Large 2—688216.00/cwt215.00–218.001,4863
SteersMedium and Large 3—585220.00/cwt220.00–220.001,2871
SteersMedium and Large 3—385240.00/cwt240.00–240.009242
SteersMedium and Large 3—705190.00/cwt190.00–190.001,3401
SteersMedium and Large 3—755190.00/cwt190.00–190.001,4351
SteersMedium and Large 3—450243.00/cwt243.00–243.001,0941
SteersMedium and Large 2—614215.40/cwt215.00–220.001,32313
SteersMedium and Large 2—480250.30/cwt248.00–253.001,2013
SteersMedium and Large 2—380262.69/cwt258.00–265.009985
SteersMedium and Large 2—555235.50/cwt233.00–238.001,3072
SteersMedium and Large 1—363272.68/cwt270.00–275.009903
SteersMedium and Large 1—880200.00/cwt200.00–200.001,7601
SteersMedium and Large 3—523219.31/cwt215.00–223.001,1473
SteersMedium and Large 1—416263.27/cwt260.00–265.001,0954
SteersMedium and Large 1—550244.00/cwt244.00–244.001,3421
SteersMedium and Large 2—710210.00/cwt210.00–210.001,4911
SteersMedium and Large 2—515240.00/cwt240.00–240.001,2361
BullsMedium and Large 2—655186.00/cwt186.00–186.001,2181
BullsMedium and Large 2—725182.00/cwt182.00–182.001,3201
BullsMedium and Large 1—515220.00/cwt220.00–220.001,1331
BullsMedium and Large 1—470240.00/cwt240.00–240.001,1281
BullsMedium and Large 1—433240.00/cwt240.00–240.001,0392
BullsMedium and Large 1—650195.00/cwt195.00–195.001,2681
CowsBoner 80-85%—1,05492.66/cwt90.00–95.009777
CowsBoner 80-85%—1,303102.38/cwt99.00–105.001,3344
CowsLean 85-90%—97984.22/cwt82.00–86.008258
CowsLean 85-90%—96065.38/cwt61.00–69.006282
CowsLean 85-90%—96173.90/cwt71.00–77.007107
CowsBreaker 75-80%—1,39087.42/cwt85.00–90.001,2155
Bulls——1,513113.59/cwt110.00–115.501,7193
Bulls——1,631122.17/cwt119.00–124.001,9935
Bulls——1,150100.00/cwt100.00–100.001,1501
Bulls——1,473105.37/cwt103.50–108.001,5524
Bred CowsMedium and Large 1—1,0401,200.00/head1,200.00–1,200.001,2001
Bred CowsMedium and Large 2—1,090960.00/head960.00–960.009601
Bred CowsMedium and Large 2—908989.26/head980.00–1,000.009892
Bred CowsMedium and Large 2—900968.83/head940.00–1,000.009692
Cow-Calf PairsMedium and Large 2—1,0301,200.00/head1,200.00–1,200.001,2002
BullsMedium and Large 3—572192.43/cwt188.00–198.001,1013
BullsMedium and Large 3—505190.00/cwt190.00–190.009601
BullsMedium and Large 3—405210.00/cwt210.00–210.008511
BullsMedium and Large 2—523206.44/cwt201.00–210.001,0803
BullsMedium and Large 2—420235.49/cwt235.00–236.009892
BullsMedium and Large 2—560200.00/cwt200.00–200.001,1201
HeifersMedium and Large 3—480199.31/cwt195.00–200.009577
HeifersMedium and Large 1—523208.77/cwt205.00–210.001,0924
HeifersMedium and Large 1—627194.72/cwt191.00–200.001,2213
HeifersMedium and Large 1—483222.95/cwt221.00–225.001,0772
BullsMedium and Large 1—630191.69/cwt190.00–195.001,2083
BullsMedium and Large 2—485231.00/cwt231.00–231.001,1201
HeifersMedium and Large 1—427227.62/cwt220.00–231.009727
HeifersMedium and Large 1—662195.00/cwt195.00–195.001,2912
HeifersMedium and Large 2—543193.52/cwt190.00–197.001,0512
HeifersMedium and Large 3—740170.00/cwt170.00–170.001,2581
HeifersMedium and Large 2—335225.00/cwt225.00–225.007541
HeifersMedium and Large 3—635180.00/cwt180.00–180.001,1431
HeifersMedium and Large 3—570180.00/cwt180.00–180.001,0261
HeifersMedium and Large 3—410205.00/cwt205.00–205.008411

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.