Name: Meridian Livestock Auction livestock auction prices — 2023-10-23
Creator: RaisedBeef
Published: 2023-10-23

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers were 3-5 lower and heifers steady. Slaughter cows and bulls were steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $216.67/cwt on 129 head.

Average price

$216.67

129 head · 594 lb average

Value per head Derived

$1,287

Price × average weight ÷ 100

Grade differential Derived

$575

per head · Medium and Large 1-2 over Medium and Large 3

$43.50/cwt at this weight

vs the market

+11.83

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	650	232.00	1,508	9thin
Medium and Large 1	603	218.49	1,317	102
Medium and Large 2	522	201.57	1,052	14thin
Medium and Large 3	495	188.51	933	4thin

One grade step is worth $43.50/cwt here — about $575 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 sale129 hd

216.67

—

MS average12 barns · 1,415 hd

204.83

+11.83

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	—	Low	1,499	109.37	1,640	5thin
Cows	Boner 80-85%	Average	1,357	91.82	1,246	9thin
Cows	Breaker 75-80%	Average	1,423	84.48	1,202	3thin
Cows	Lean 85-90%	Low	1,119	75.47	844	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 Stage (4-6 mo)	Young (2-4 yrs)	1,145	$1,260	2thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,270	$1,183	3thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,153	$1,143	2thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	1,170	$1,030	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,180	$1,000	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	975	$890	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,150	$1,400	2thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,275	$1,350	2thin

Every lot, as filed

67 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	—	572	197.61/cwt	194.00–200.00	1,130	3
Heifers	Medium and Large 2	—	422	209.37/cwt	203.00–215.00	884	3
Steers	Medium and Large 1-2	—	462	259.00/cwt	259.00–259.00	1,197	5
Steers	Medium and Large 1	—	655	230.00/cwt	230.00–230.00	1,507	2
Steers	Medium and Large 1	—	945	185.00/cwt	185.00–185.00	1,748	1
Heifers	Medium and Large 1	—	760	210.00/cwt	210.00–210.00	1,596	1
Heifers	Medium and Large 1	—	640	201.00/cwt	201.00–201.00	1,286	1
Heifers	Medium and Large 1-2	—	650	232.00/cwt	232.00–232.00	1,508	9
Steers	Medium and Large 1	—	509	248.59/cwt	245.00–253.00	1,265	5
Steers	Medium and Large 3	—	680	201.24/cwt	197.00–210.00	1,368	6
Steers	Medium and Large 3	—	450	242.00/cwt	241.00–243.00	1,089	2
Steers	Medium and Large 2	—	350	257.00/cwt	257.00–257.00	900	1
Steers	Medium and Large 3	—	325	251.52/cwt	250.00–253.00	817	2
Steers	Medium and Large 2	—	431	247.38/cwt	244.00–251.00	1,066	5
Steers	Medium and Large 3	—	373	250.48/cwt	250.00–251.00	934	2
Steers	Medium and Large 2	—	578	238.68/cwt	238.00–240.00	1,380	3
Steers	Medium and Large 1	—	440	254.00/cwt	254.00–254.00	1,118	1
Steers	Medium and Large 2	—	470	246.00/cwt	246.00–246.00	1,156	1
Steers	Medium and Large 3	—	585	210.00/cwt	210.00–210.00	1,229	1
Steers	Medium and Large 2	—	688	222.00/cwt	222.00–222.00	1,527	4
Steers	Medium and Large 1	—	466	254.72/cwt	253.00–258.00	1,187	4
Steers	Medium and Large 1	—	750	230.00/cwt	230.00–230.00	1,725	1
Steers	Medium and Large 1-2	—	533	256.00/cwt	256.00–256.00	1,364	10
Steers	Medium and Large 3	—	725	205.00/cwt	205.00–205.00	1,486	1
Steers	Medium and Large 1	—	623	230.00/cwt	230.00–230.00	1,433	19
Steers	Medium and Large 2	—	612	220.20/cwt	220.00–221.00	1,348	5
Steers	Medium and Large 2	—	313	261.95/cwt	260.00–264.00	820	3
Bulls	Medium and Large 2	—	440	220.00/cwt	220.00–220.00	968	1
Bulls	Medium and Large 2	—	613	179.00/cwt	178.00–180.00	1,097	2
Bulls	Medium and Large 2	—	650	170.00/cwt	170.00–170.00	1,105	1
Bulls	Medium and Large 1	—	478	228.34/cwt	226.00–231.00	1,091	3
Bulls	Medium and Large 2	—	805	110.00/cwt	110.00–110.00	886	1
Bulls	Medium and Large 1	—	530	203.00/cwt	203.00–203.00	1,076	1
Cows	Lean 85-90%	—	1,138	76.82/cwt	75.00–79.00	874	5
Cows	Breaker 75-80%	—	1,423	84.48/cwt	81.00–87.00	1,202	3
Cows	Boner 80-85%	—	1,401	95.61/cwt	92.50–100.00	1,339	4
Cows	Lean 85-90%	—	1,123	82.69/cwt	80.50–86.00	929	6
Cows	Lean 85-90%	—	1,094	65.44/cwt	63.00–70.00	716	5
Bulls	—	—	1,417	107.62/cwt	105.00–109.00	1,525	3
Bulls	—	—	1,623	112.00/cwt	112.00–112.00	1,818	2
Cows	Boner 80-85%	—	1,322	88.79/cwt	87.00–91.00	1,174	5
Bred Cows	Medium and Large 3	—	975	890.00/head	890.00–890.00	890	1
Bred Cows	Medium and Large 2	—	1,065	1,075.00/head	1,075.00–1,075.00	1,075	1
Bred Cows	Medium and Large 1	—	1,240	1,210.00/head	1,210.00–1,210.00	1,210	1
Bred Cows	Medium and Large 1	—	1,335	1,250.00/head	1,200.00–1,300.00	1,250	2
Bred Cows	Medium and Large 1	—	1,145	1,259.91/head	1,250.00–1,270.00	1,260	2
Bred Cows	Medium and Large 2	—	1,180	1,000.00/head	1,000.00–1,000.00	1,000	1
Cow-Calf Pairs	Medium and Large 1	—	1,150	1,400.00/head	1,400.00–1,400.00	1,400	2
Cow-Calf Pairs	Medium and Large 1	—	1,275	1,350.00/head	1,350.00–1,350.00	1,350	2
Bred Cows	Medium and Large 2	—	1,170	1,030.00/head	1,030.00–1,030.00	1,030	1
Bred Cows	Medium and Large 2	—	1,140	1,050.00/head	1,050.00–1,050.00	1,050	1
Heifers	Medium and Large 1	—	742	207.00/cwt	207.00–207.00	1,536	25
Heifers	Medium and Large 1	—	579	222.00/cwt	216.00–226.00	1,285	54
Heifers	Medium and Large 1	—	458	228.08/cwt	217.00–229.00	1,045	14
Heifers	Medium and Large 2	—	613	186.02/cwt	182.00–190.00	1,140	2
Bulls	Medium and Large 3	—	580	180.00/cwt	180.00–180.00	1,044	2
Heifers	Medium and Large 2	—	475	206.48/cwt	205.00–208.00	981	2
Steers	Medium and Large 1	—	800	200.00/cwt	200.00–200.00	1,600	4
Heifers	Medium and Large 2	—	390	228.00/cwt	228.00–228.00	889	1
Heifers	Medium and Large 3	—	490	190.00/cwt	190.00–190.00	931	1
Heifers	Medium and Large 3	—	410	196.00/cwt	196.00–196.00	804	1
Heifers	Medium and Large 2	—	538	201.50/cwt	201.00–202.00	1,084	2
Heifers	Medium and Large 3	—	540	184.01/cwt	183.00–185.00	994	2
Steers	Medium and Large 2	—	518	229.49/cwt	229.00–230.00	1,189	2
Heifers	Medium and Large 1	—	529	219.00/cwt	219.00–219.00	1,159	6
Heifers	Medium and Large 1	—	680	205.00/cwt	205.00–205.00	1,394	1
Heifers	Medium and Large 2	—	685	185.00/cwt	185.00–185.00	1,267	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 23, 2023

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

Feeder CattleReceipts 459Last week 196Year ago 322

Slaughter CattleReceipts 73Last week 52Year ago 30

Replacement CattleReceipts 34Last week 32Year ago 19

Good day, as compared to the last market feeder steers were 3-5 lower and heifers steady. Slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
3	—	572	194.00–200.00	197.61
3	—	422	203.00–215.00	209.37
2	—	613	182.00–190.00	186.02
2	—	475	205.00–208.00	206.48
1	—	390	228.00	228.00
2	—	538	201.00–202.00	201.50
1	—	685	185.00	185.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	760	210.00	210.00
1	—	640	201.00	201.00
25	—	742	207.00	207.00
54	—	579	216.00–226.00	222.00
14	—	458	217.00–229.00	228.08
6	—	529	219.00	219.00
1	—	680	205.00	205.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	—	650	232.00	232.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	490	190.00	190.00
1	—	410	196.00	196.00
2	—	540	183.00–185.00	184.01
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	462	259.00	259.00
10	—	533	256.00	256.00
Steers — Medium and Large 1$ per cwt · actual wt
2	—	655	230.00	230.00
1	—	945	185.00	185.00
5	—	509	245.00–253.00	248.59
1	—	440	254.00	254.00
4	—	466	253.00–258.00	254.72
1	—	750	230.00	230.00
19	—	623	230.00	230.00
4	—	800	200.00	200.00
Steers — Medium and Large 3$ per cwt · actual wt
6	—	680	197.00–210.00	201.24
2	—	450	241.00–243.00	242.00
2	—	325	250.00–253.00	251.52
2	—	373	250.00–251.00	250.48
1	—	585	210.00	210.00
1	—	725	205.00	205.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	350	257.00	257.00
5	—	431	244.00–251.00	247.38
3	—	578	238.00–240.00	238.68
1	—	470	246.00	246.00
4	—	688	222.00	222.00
5	—	612	220.00–221.00	220.20
3	—	313	260.00–264.00	261.95
2	—	518	229.00–230.00	229.49
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	440	220.00	220.00
2	—	613	178.00–180.00	179.00
1	—	650	170.00	170.00
1	—	805	110.00	110.00
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	478	226.00–231.00	228.34
1	—	530	203.00	203.00
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	580	180.00	180.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
5	—	1,138	75.00–79.00	76.82
6	—	1,123	80.50–86.00	82.69
5	—	1,094	63.00–70.00	65.44
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,423	81.00–87.00	84.48
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,401	92.50–100.00	95.61
5	—	1,322	87.00–91.00	88.79
Bulls$ per cwt · actual wt
3	—	1,417	105.00–109.00	107.62
2	—	1,623	112.00	112.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 3$ per head · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	975	890.00	890.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,065	1,075.00	1,075.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,180	1,000.00	1,000.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,170	1,030.00	1,030.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,140	1,050.00	1,050.00
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,240	1,210.00	1,210.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,335	1,200.00–1,300.00	1,250.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	1,145	1,250.00–1,270.00	1,259.91
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	2	—	1,150	1,400.00	1,400.00
Middle Aged (5-8 yrs)	Open	2	—	1,275	1,350.00	1,350.00

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