Sale reports / Mississippi / Meridian Livestock Auction / 2023-10-30

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 30
● Final59 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
259 head
▼ 200 vs last sale 459▼ 302 vs year ago 561 · −53.8%
Slaughter Cattle receipts
49 head
▼ 24 vs last sale 73▲ 8 vs year ago 41 · +19.5%
Replacement Cattle receipts
27 head
▼ 7 vs last sale 34▲ 12 vs year ago 15 · +80.0%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 4-7 lower and slaughter cattle 3-5 lower.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $191.44/cwt on 36 head.
Average price
$191.44
36 head · 521 lb average
Value per head Derived
$998
Price × average weight ÷ 100
Grade differential Derived
−$247
per head · Medium and Large 2 over Medium and Large 1
$15.26/cwt at this weight
vs the market
−7.62
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2469197.7292721
Medium and Large 3460183.218434thin
Medium and Large 1643182.461,17311thin
One grade step is worth $15.26/cwt here — about −$247 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 sale36 hd
191.44
—
MS average12 barns · 761 hd
199.07
−7.62
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—Average1,552101.501,5755thin
CowsBoner 80-85%Average1,38886.501,2012thin
CowsBreaker 75-80%Average1,42580.171,1422thin
CowsLean 85-90%Very Low1,05176.3080214

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)1,258$1,1272thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,098$1,1182thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)950$1,0501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)953$8252thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,305$1,5002thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,232$1,3516

Every lot, as filed

59 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 3—415180.00/cwt180.00–180.007471
HeifersMedium and Large 2—670185.02/cwt182.00–188.001,2402
HeifersMedium and Large 2—473195.24/cwt190.00–200.009232
SteersMedium and Large 1—515230.00/cwt230.00–230.001,1851
SteersMedium and Large 1—610212.48/cwt210.00–215.001,2962
HeifersMedium and Large 1—635195.00/cwt195.00–195.001,2381
HeifersMedium and Large 2—550191.00/cwt191.00–191.001,0511
HeifersMedium and Large 2—605188.00/cwt188.00–188.001,1371
HeifersMedium and Large 1—1,095114.00/cwt114.00–114.001,2481
SteersMedium and Large 1—715211.00/cwt211.00–211.001,5091
SteersMedium and Large 3—535200.00/cwt200.00–200.001,0701
HeifersMedium and Large 2—367211.08/cwt205.00–214.007758
SteersMedium and Large 3—377239.91/cwt235.00–245.009043
SteersMedium and Large 3—325244.00/cwt243.00–245.007932
SteersMedium and Large 2—595215.00/cwt215.00–215.001,2791
SteersMedium and Large 2—428237.46/cwt235.00–240.001,0162
SteersMedium and Large 2—515211.26/cwt207.00–215.001,0885
HeifersMedium and Large 2—526187.18/cwt185.00–191.009855
SteersMedium and Large 2—610202.00/cwt202.00–202.001,2321
SteersMedium and Large 2—470240.00/cwt240.00–240.001,1281
SteersMedium and Large 2—372252.04/cwt250.00–256.009383
SteersMedium and Large 1—410268.99/cwt268.00–270.001,1032
SteersMedium and Large 3—655186.00/cwt186.00–186.001,2181
BullsMedium and Large 2—550193.00/cwt193.00–193.001,0621
BullsMedium and Large 1—605187.17/cwt187.00–188.001,1326
BullsMedium and Large 2—540190.00/cwt190.00–190.001,0261
BullsMedium and Large 1—533197.49/cwt197.00–198.001,0532
BullsMedium and Large 1—955120.00/cwt120.00–120.001,1461
BullsMedium and Large 1—421257.83/cwt255.00–262.001,0855
CowsBreaker 75-80%—1,42580.17/cwt78.00–82.001,1422
CowsLean 85-90%—98067.69/cwt65.00–72.006634
CowsLean 85-90%—1,04175.76/cwt74.00–78.007894
CowsLean 85-90%—1,10482.41/cwt80.00–85.009106
CowsBoner 80-85%—1,38886.50/cwt86.00–87.001,2012
Bulls——1,625105.60/cwt103.00–108.001,7163
Bulls——1,44395.35/cwt94.50–96.001,3762
Bred CowsMedium and Large 1—9501,050.00/head1,050.00–1,050.001,0501
Bred CowsMedium and Large 1—1,2581,126.64/head1,100.00–1,150.001,1272
Bred CowsMedium and Large 2—990910.00/head910.00–910.009101
Bred CowsMedium and Large 1—1,2051,325.00/head1,325.00–1,325.001,3251
Bred CowsMedium and Large 2—953824.67/head800.00–850.008252
Cow-Calf PairsMedium and Large 2—1,1451,150.00/head1,150.00–1,150.001,1502
Cow-Calf PairsMedium and Large 1—1,3051,500.00/head1,500.00–1,500.001,5002
Cow-Calf PairsMedium and Large 1—1,2751,450.78/head1,350.00–1,550.001,4514
BullsMedium and Large 3—730173.00/cwt173.00–173.001,2631
BullsMedium and Large 1—710185.00/cwt185.00–185.001,3141
BullsMedium and Large 2—640183.00/cwt183.00–183.001,1711
BullsMedium and Large 1—563202.02/cwt201.00–203.001,1372
BullsMedium and Large 2—428239.26/cwt236.00–242.001,0243
BullsMedium and Large 3—578182.01/cwt180.00–184.001,0522
HeifersMedium and Large 1—1,360109.00/cwt109.00–109.001,4821
BullsMedium and Large 2—460232.00/cwt232.00–232.001,0671
HeifersMedium and Large 1—529195.17/cwt192.00–199.001,0326
HeifersMedium and Large 1—405209.00/cwt208.00–210.008462
BullsMedium and Large 3—660170.00/cwt170.00–170.001,1221
BullsMedium and Large 3—475208.79/cwt204.00–214.009922
HeifersMedium and Large 2—418194.03/cwt193.00–195.008112
HeifersMedium and Large 3—523176.42/cwt173.00–180.009232
HeifersMedium and Large 3—380200.00/cwt200.00–200.007601

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.