Name: Meridian Livestock Auction livestock auction prices — 2023-10-09
Creator: RaisedBeef
Published: 2023-10-09

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-8 lower and slaughter cows about ten lower and bulls 2-5 lower. Hopefully we can get some much needed rain and turn this market around.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $199.28/cwt on 43 head.

Average price

$199.28

43 head · 547 lb average

Value per head Derived

$1,090

Price × average weight ÷ 100

Grade differential Derived

−$67

per head · Medium and Large 1-2 over Medium and Large 2

$17.40/cwt at this weight

vs the market

−10.97

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	514	208.00	1,069	7thin
Medium and Large 1	528	205.00	1,082	16thin
Medium and Large 3	506	194.79	986	5thin
Medium and Large 2	596	190.60	1,136	15thin

One grade step is worth $17.40/cwt here — about −$67 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 sale43 hd

199.28

—

MS average13 barns · 1,486 hd

210.25

−10.97

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,402	113.87	1,596	3thin
Cows	Boner 80-85%	Average	1,229	86.31	1,061	5thin
Cows	Breaker 75-80%	Average	1,383	80.50	1,113	2thin
Cows	Lean 85-90%	Very Low	1,054	75.63	797	16

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	1,005	$1,150	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,086	$1,036	5
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	995	$1,020	3thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	950	$835	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,290	$1,500	2thin

Every lot, as filed

66 lots · USDA AMS · Meridian Stockyard - Meridian, MS

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Heifers	Medium and Large 2	—	623	184.63/cwt	180.00–189.00	1,150	2
Heifers	Medium and Large 2	—	665	186.00/cwt	186.00–186.00	1,237	1
Heifers	Medium and Large 2	—	835	170.00/cwt	170.00–170.00	1,420	1
Heifers	Medium and Large 2	—	725	186.01/cwt	185.00–187.00	1,349	3
Steers	Medium and Large 3	—	318	244.16/cwt	240.00–248.00	776	2
Steers	Medium and Large 3	—	355	240.00/cwt	240.00–240.00	852	1
Steers	Medium and Large 1	—	415	260.00/cwt	260.00–260.00	1,079	2
Heifers	Medium and Large 2	—	310	220.00/cwt	220.00–220.00	682	1
Heifers	Medium and Large 1	—	720	189.00/cwt	189.00–189.00	1,361	1
Heifers	Medium and Large 1-2	—	514	208.00/cwt	208.00–208.00	1,069	7
Steers	Medium and Large 2	—	355	253.00/cwt	253.00–253.00	898	1
Steers	Medium and Large 2	—	463	249.57/cwt	245.00–254.00	1,156	2
Steers	Medium and Large 2	—	625	215.00/cwt	215.00–215.00	1,344	1
Steers	Medium and Large 3	—	478	241.02/cwt	240.00–243.00	1,152	3
Steers	Medium and Large 3	—	415	237.69/cwt	234.00–241.00	986	3
Steers	Medium and Large 3	—	545	224.50/cwt	224.00–225.00	1,224	2
Steers	Medium and Large 2	—	415	250.00/cwt	250.00–250.00	1,038	1
Steers	Medium and Large 2	—	331	254.07/cwt	250.00–258.00	841	6
Steers	Medium and Large 2	—	673	214.66/cwt	214.00–215.00	1,445	3
Steers	Medium and Large 2	—	733	216.02/cwt	215.00–217.00	1,583	2
Steers	Medium and Large 1	—	340	267.46/cwt	265.00–270.00	909	2
Steers	Medium and Large 3	—	640	200.00/cwt	200.00–200.00	1,280	1
Steers	Medium and Large 1	—	645	220.00/cwt	220.00–220.00	1,419	1
Steers	Medium and Large 1	—	509	251.41/cwt	246.00–256.00	1,280	5
Steers	Medium and Large 1	—	375	265.00/cwt	265.00–265.00	994	1
Steers	Medium and Large 2	—	585	235.00/cwt	235.00–235.00	1,375	1
Steers	Medium and Large 2	—	545	241.00/cwt	241.00–241.00	1,313	1
Bulls	Medium and Large 2	—	685	180.00/cwt	180.00–180.00	1,233	1
Bulls	Medium and Large 2	—	625	180.00/cwt	180.00–180.00	1,125	1
Bulls	Medium and Large 2	—	495	207.00/cwt	207.00–207.00	1,025	1
Bulls	Medium and Large 1	—	475	223.78/cwt	220.00–230.00	1,063	4
Bulls	Medium and Large 1	—	615	198.00/cwt	198.00–198.00	1,218	1
Bulls	Medium and Large 1	—	523	215.17/cwt	210.00–220.00	1,125	2
Cows	Lean 85-90%	—	1,028	67.21/cwt	65.00–70.00	691	4
Cows	Lean 85-90%	—	1,014	73.70/cwt	71.00–76.50	747	4
Cows	Lean 85-90%	—	1,087	80.80/cwt	78.00–84.50	878	8
Cows	Breaker 75-80%	—	1,383	80.50/cwt	78.00–83.00	1,113	2
Cows	Boner 80-85%	—	1,229	86.31/cwt	85.00–87.00	1,061	5
Bulls	—	—	1,402	113.87/cwt	112.50–115.50	1,596	3
Bred Cows	Medium and Large 2	—	950	835.00/head	835.00–835.00	835	1
Bred Cows	Medium and Large 2	—	930	979.57/head	970.00–990.00	980	2
Bred Cows	Medium and Large 1	—	1,125	1,100.00/head	1,100.00–1,100.00	1,100	1
Bred Cows	Medium and Large 2	—	987	966.91/head	920.00–1,050.00	967	3
Bred Cows	Medium and Large 1	—	1,235	1,140.81/head	1,120.00–1,160.00	1,141	2
Bred Cows	Medium and Large 1	—	1,005	1,150.00/head	1,150.00–1,150.00	1,150	1
Cow-Calf Pairs	Medium and Large 1	—	1,290	1,500.00/head	1,500.00–1,500.00	1,500	2
Bulls	Medium and Large 3	—	688	169.00/cwt	168.00–170.00	1,163	2
Bulls	Medium and Large 3	—	885	150.00/cwt	150.00–150.00	1,328	1
Bulls	Medium and Large 3	—	790	152.00/cwt	152.00–152.00	1,201	1
Bulls	Medium and Large 2	—	568	196.02/cwt	191.00–200.00	1,113	4
Bulls	Medium and Large 3	—	585	184.00/cwt	184.00–184.00	1,076	1
Bulls	Medium and Large 3	—	715	160.00/cwt	160.00–160.00	1,144	1
Heifers	Medium and Large 1	—	412	211.98/cwt	208.00–216.00	873	5
Heifers	Medium and Large 1	—	512	203.03/cwt	200.00–205.00	1,040	3
Heifers	Medium and Large 1	—	475	215.00/cwt	215.00–215.00	1,021	3
Heifers	Medium and Large 1	—	618	199.00/cwt	199.00–199.00	1,230	2
Bulls	Medium and Large 2	—	430	212.00/cwt	212.00–212.00	912	1
Bulls	Medium and Large 2	—	545	190.00/cwt	190.00–190.00	1,036	1
Heifers	Medium and Large 2	—	475	196.16/cwt	190.00–200.00	932	3
Heifers	Medium and Large 3	—	525	189.00/cwt	189.00–189.00	992	1
Heifers	Medium and Large 3	—	368	212.48/cwt	210.00–215.00	782	2
Heifers	Medium and Large 3	—	720	175.00/cwt	175.00–175.00	1,260	1
Heifers	Medium and Large 3	—	550	185.00/cwt	185.00–185.00	1,018	1
Heifers	Medium and Large 1	—	675	190.00/cwt	190.00–190.00	1,283	1
Heifers	Medium and Large 1	—	795	189.00/cwt	189.00–189.00	1,503	1
Heifers	Medium and Large 2	—	571	191.82/cwt	190.00–197.00	1,095	4

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Oct 9, 2023

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 293Last week 291Year ago 484

Slaughter CattleReceipts 97Last week 94Year ago 85

Replacement CattleReceipts 54Last week 36Year ago 64

Good day, as compared to the last market feeder calves were 5-8 lower and slaughter cows about ten lower and bulls 2-5 lower. Hopefully we can get some much needed rain and turn this market around.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	623	180.00–189.00	184.63
1	—	665	186.00	186.00
1	—	835	170.00	170.00
3	—	725	185.00–187.00	186.01
1	—	310	220.00	220.00
3	—	475	190.00–200.00	196.16
4	—	571	190.00–197.00	191.82
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	720	189.00	189.00
5	—	412	208.00–216.00	211.98
3	—	512	200.00–205.00	203.03
3	—	475	215.00	215.00
2	—	618	199.00	199.00
1	—	675	190.00	190.00
1	—	795	189.00	189.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	—	514	208.00	208.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	525	189.00	189.00
2	—	368	210.00–215.00	212.48
1	—	720	175.00	175.00
1	—	550	185.00	185.00
Steers — Medium and Large 3$ per cwt · actual wt
2	—	318	240.00–248.00	244.16
1	—	355	240.00	240.00
3	—	478	240.00–243.00	241.02
3	—	415	234.00–241.00	237.69
2	—	545	224.00–225.00	224.50
1	—	640	200.00	200.00
Steers — Medium and Large 1$ per cwt · actual wt
2	—	415	260.00	260.00
2	—	340	265.00–270.00	267.46
1	—	645	220.00	220.00
5	—	509	246.00–256.00	251.41
1	—	375	265.00	265.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	355	253.00	253.00
2	—	463	245.00–254.00	249.57
1	—	625	215.00	215.00
1	—	415	250.00	250.00
6	—	331	250.00–258.00	254.07
3	—	673	214.00–215.00	214.66
2	—	733	215.00–217.00	216.02
1	—	585	235.00	235.00
1	—	545	241.00	241.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	685	180.00	180.00
1	—	625	180.00	180.00
1	—	495	207.00	207.00
4	—	568	191.00–200.00	196.02
1	—	430	212.00	212.00
1	—	545	190.00	190.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	475	220.00–230.00	223.78
1	—	615	198.00	198.00
2	—	523	210.00–220.00	215.17
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	688	168.00–170.00	169.00
1	—	885	150.00	150.00
1	—	790	152.00	152.00
1	—	585	184.00	184.00
1	—	715	160.00	160.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	1,028	65.00–70.00	67.21
4	—	1,014	71.00–76.50	73.70
8	—	1,087	78.00–84.50	80.80
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,383	78.00–83.00	80.50
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,229	85.00–87.00	86.31
Bulls$ per cwt · actual wt
3	—	1,402	112.50–115.50	113.87

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	950	835.00	835.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	2	—	930	970.00–990.00	979.57
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	3	—	987	920.00–1,050.00	966.91
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,125	1,100.00	1,100.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,235	1,120.00–1,160.00	1,140.81
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,005	1,150.00	1,150.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	2	—	1,290	1,500.00	1,500.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Meridian Livestock Auction

Reporter comment USDA

Heifers · summary 0–100 lb

What quality paid 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Replacement cattle Per head

Every lot, as filed

How this sale compares

Meridian Stockyard - Meridian, MS

Feeder Cattle

Slaughter Cattle

Replacement Cattle