Name: Meridian Livestock Auction livestock auction prices — 2023-10-16
Creator: RaisedBeef
Published: 2023-10-16

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers steady to 2-4 higher, heifers steady. Slaughter cows 2-3 higher and bulls steady. Sold some really nice home raised bred heifers black and black baldies 3-8 months bred @ $1600-2100.00.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $199.48/cwt on 35 head.

Average price

$199.48

35 head · 523 lb average

Value per head Derived

$1,043

Price × average weight ÷ 100

Grade differential Derived

$123

per head · Medium and Large 1 over Medium and Large 3

$15.23/cwt at this weight

vs the market

−8.34

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	552	202.56	1,119	16thin
Medium and Large 2	492	198.67	978	16thin
Medium and Large 3	532	187.33	996	3thin

One grade step is worth $15.23/cwt here — about $123 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 sale35 hd

199.48

—

MS average13 barns · 892 hd

207.81

−8.34

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	1,870	116.50	2,179	1thin
Cows	Boner 80-85%	Average	1,270	89.32	1,134	10
Cows	Breaker 75-80%	Average	1,370	82.61	1,132	3thin
Cows	Lean 85-90%	Low	1,071	70.85	759	10

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	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,120	$1,085	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	925	$800	1thin
Bred Heifers	2nd/3rd Stage (4-9 mo)	(<2 yrs)	1,011	$1,935	12
Bred Heifers	2nd Stage (4-6 mo)	(<2 yrs)	973	$1,929	4thin
Bred Heifers	1st/2nd Stage (1-6 mo)	(<2 yrs)	887	$1,668	6
Bred Heifers	1st Stage (1-3 mo)	(<2 yrs)	810	$1,450	1thin

Every lot, as filed

55 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 3	—	705	170.00/cwt	170.00–170.00	1,199	1
Steers	Medium and Large 1	—	427	270.62/cwt	268.00–273.00	1,156	5
Heifers	Medium and Large 1	—	523	203.22/cwt	201.00–205.00	1,063	5
Heifers	Medium and Large 1	—	613	200.01/cwt	199.00–201.00	1,226	3
Heifers	Medium and Large 3	—	510	188.00/cwt	188.00–188.00	959	1
Heifers	Medium and Large 2	—	728	184.42/cwt	180.00–189.00	1,343	2
Heifers	Medium and Large 2	—	362	209.96/cwt	208.00–214.00	760	3
Heifers	Medium and Large 2	—	525	192.98/cwt	191.00–195.00	1,013	2
Steers	Medium and Large 2	—	420	262.50/cwt	260.00–265.00	1,103	2
Steers	Medium and Large 3	—	550	220.00/cwt	220.00–220.00	1,210	1
Steers	Medium and Large 3	—	365	258.00/cwt	258.00–258.00	942	1
Steers	Medium and Large 3	—	340	250.00/cwt	250.00–250.00	850	1
Steers	Medium and Large 2	—	480	260.00/cwt	260.00–260.00	1,248	2
Steers	Medium and Large 1	—	540	250.00/cwt	250.00–250.00	1,350	1
Steers	Medium and Large 1	—	490	268.00/cwt	268.00–268.00	1,313	1
Steers	Medium and Large 2	—	580	235.00/cwt	235.00–235.00	1,363	1
Steers	Medium and Large 2	—	330	271.37/cwt	268.00–273.00	896	5
Steers	Medium and Large 3	—	410	250.00/cwt	250.00–250.00	1,025	1
Steers	Medium and Large 2	—	368	269.23/cwt	265.00–273.00	991	5
Steers	Medium and Large 2	—	520	231.69/cwt	230.00–233.00	1,205	3
Steers	Medium and Large 3	—	605	200.00/cwt	200.00–200.00	1,210	1
Bulls	Medium and Large 2	—	463	244.02/cwt	240.00–248.00	1,130	4
Bulls	Medium and Large 2	—	740	180.00/cwt	180.00–180.00	1,332	1
Bulls	Medium and Large 2	—	615	201.00/cwt	201.00–201.00	1,236	1
Bulls	Medium and Large 1	—	630	223.00/cwt	223.00–223.00	1,405	1
Bulls	Medium and Large 1	—	505	238.00/cwt	238.00–238.00	1,202	1
Bulls	Medium and Large 1	—	490	254.00/cwt	254.00–254.00	1,245	1
Cows	Lean 85-90%	—	1,085	66.45/cwt	63.50–69.00	721	2
Cows	Breaker 75-80%	—	1,370	82.61/cwt	81.00–85.00	1,132	3
Cows	Boner 80-85%	—	1,219	87.09/cwt	85.00–90.00	1,062	7
Cows	Lean 85-90%	—	1,136	82.35/cwt	80.00–84.00	935	5
Cows	Lean 85-90%	—	953	54.60/cwt	53.00–57.00	520	3
Bulls	—	—	1,870	116.50/cwt	116.50–116.50	2,179	1
Cows	Boner 80-85%	—	1,388	94.52/cwt	94.00–95.00	1,312	3
Bred Heifers	Medium and Large 1	—	810	1,450.00/head	1,450.00–1,450.00	1,450	1
Bred Heifers	Medium and Large 1	—	887	1,667.67/head	1,600.00–1,700.00	1,668	6
Bred Cows	Medium and Large 2	—	1,120	1,085.00/head	1,085.00–1,085.00	1,085	1
Bred Cows	Medium and Large 2	—	925	800.00/head	800.00–800.00	800	1
Bred Heifers	Medium and Large 1	—	1,011	1,934.93/head	1,850.00–2,100.00	1,935	12
Bred Heifers	Medium and Large 1	—	973	1,928.71/head	1,840.00–2,010.00	1,929	4
Heifers	Medium and Large 2	—	430	199.01/cwt	198.00–201.00	856	3
Bulls	Medium and Large 2	—	655	190.00/cwt	190.00–190.00	1,245	1
Bulls	Medium and Large 2	—	525	222.00/cwt	222.00–222.00	1,166	1
Bulls	Medium and Large 1	—	430	259.02/cwt	258.00–260.00	1,114	2
Bulls	Medium and Large 3	—	405	233.00/cwt	233.00–233.00	944	1
Bulls	Medium and Large 3	—	730	170.00/cwt	170.00–170.00	1,241	1
Heifers	Medium and Large 1	—	427	209.94/cwt	207.00–212.00	896	3
Heifers	Medium and Large 1	—	827	185.00/cwt	185.00–185.00	1,530	2
Heifers	Medium and Large 1	—	483	208.35/cwt	206.00–210.00	1,006	3
Heifers	Medium and Large 2	—	573	193.98/cwt	190.00–198.00	1,112	3
Bulls	Medium and Large 3	—	658	185.49/cwt	184.00–187.00	1,221	2
Bulls	Medium and Large 3	—	582	194.03/cwt	191.00–198.00	1,129	3
Heifers	Medium and Large 2	—	305	213.00/cwt	213.00–213.00	650	1
Heifers	Medium and Large 2	—	485	201.00/cwt	200.00–202.00	975	2
Heifers	Medium and Large 3	—	380	204.00/cwt	204.00–204.00	775	1

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 16, 2023

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

Feeder CattleReceipts 196Last week 293Year ago 280

Slaughter CattleReceipts 52Last week 97Year ago 77

Replacement CattleReceipts 32Last week 54Year ago 95

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	705	170.00	170.00
1	—	510	188.00	188.00
1	—	380	204.00	204.00
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	523	201.00–205.00	203.22
3	—	613	199.00–201.00	200.01
3	—	427	207.00–212.00	209.94
2	—	827	185.00	185.00
3	—	483	206.00–210.00	208.35
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	728	180.00–189.00	184.42
3	—	362	208.00–214.00	209.96
2	—	525	191.00–195.00	192.98
3	—	430	198.00–201.00	199.01
3	—	573	190.00–198.00	193.98
1	—	305	213.00	213.00
2	—	485	200.00–202.00	201.00
Steers — Medium and Large 1$ per cwt · actual wt
5	—	427	268.00–273.00	270.62
1	—	540	250.00	250.00
1	—	490	268.00	268.00
Steers — Medium and Large 2$ per cwt · actual wt
2	—	420	260.00–265.00	262.50
2	—	480	260.00	260.00
1	—	580	235.00	235.00
5	—	330	268.00–273.00	271.37
5	—	368	265.00–273.00	269.23
3	—	520	230.00–233.00	231.69
Steers — Medium and Large 3$ per cwt · actual wt
1	—	550	220.00	220.00
1	—	365	258.00	258.00
1	—	340	250.00	250.00
1	—	410	250.00	250.00
1	—	605	200.00	200.00
Bulls — Medium and Large 2$ per cwt · actual wt
4	—	463	240.00–248.00	244.02
1	—	740	180.00	180.00
1	—	615	201.00	201.00
1	—	655	190.00	190.00
1	—	525	222.00	222.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	630	223.00	223.00
1	—	505	238.00	238.00
1	—	490	254.00	254.00
2	—	430	258.00–260.00	259.02
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	405	233.00	233.00
1	—	730	170.00	170.00
2	—	658	184.00–187.00	185.49
3	—	582	191.00–198.00	194.03

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	1,085	63.50–69.00	66.45
5	—	1,136	80.00–84.00	82.35
3	—	953	53.00–57.00	54.60
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,370	81.00–85.00	82.61
Cows — Boner 80-85%$ per cwt · actual wt
7	—	1,219	85.00–90.00	87.09
3	—	1,388	94.00–95.00	94.52
Bulls$ per cwt · actual wt
1	—	1,870	116.50	116.50

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1$ per head · actual wt
(<2 yrs)	1st Stage (1-3 mo)	1	—	810	1,450.00	1,450.00
(<2 yrs)	1st/2nd Stage (1-6 mo)	6	—	887	1,600.00–1,700.00	1,667.67
(<2 yrs)	2nd/3rd Stage (4-9 mo)	12	—	1,011	1,850.00–2,100.00	1,934.93
(<2 yrs)	2nd Stage (4-6 mo)	4	—	973	1,840.00–2,010.00	1,928.71
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,120	1,085.00	1,085.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	925	800.00	800.00

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