Name: Meridian Livestock Auction livestock auction prices — 2023-11-27
Creator: RaisedBeef
Published: 2023-11-27

Reporter comment USDA

As filed

Good day, as compared to the last market number 1 feeder calves were steady. Not so trendy calves were 10-15 in spots cheaper. This is why it really pays to have good bulls on your cows. Slaughter cows and bulls were steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $199.83/cwt on 63 head.

Average price

$199.83

63 head · 496 lb average

Value per head Derived

$990

Price × average weight ÷ 100

Grade differential Derived

$251

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

$28.16/cwt at this weight

vs the market

+0.49

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	516	216.00	1,115	4thin
Medium and Large 2	484	202.83	981	34
Medium and Large 1	554	198.09	1,096	13thin
Medium and Large 3	460	187.84	864	12thin

One grade step is worth $28.16/cwt here — about $251 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 sale63 hd

199.83

—

MS average7 barns · 567 hd

199.34

+0.49

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	1,565	98.41	1,540	4thin
Cows	Boner 80-85%	Low	1,190	90.58	1,078	14
Cows	Breaker 75-80%	Average	1,459	84.57	1,234	4thin
Cows	Lean 85-90%	Average	938	73.25	687	14

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)	1,200	$1,200	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,305	$1,175	1thin

Every lot, as filed

64 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 1	—	440	220.00/cwt	220.00–220.00	968	1
Heifers	Medium and Large 2	—	485	212.94/cwt	200.00–217.00	1,033	9
Steers	Medium and Large 1	—	875	180.00/cwt	180.00–180.00	1,575	1
Steers	Medium and Large 1	—	615	217.52/cwt	215.00–220.00	1,338	2
Steers	Medium and Large 1	—	410	274.05/cwt	270.00–278.00	1,124	2
Steers	Medium and Large 1	—	245	293.00/cwt	293.00–293.00	718	1
Heifers	Medium and Large 3	—	623	165.02/cwt	160.00–170.00	1,028	2
Heifers	Medium and Large 1-2	—	516	216.00/cwt	216.00–216.00	1,115	4
Steers	Medium and Large 3	—	560	215.04/cwt	205.00–220.00	1,204	3
Steers	Medium and Large 3	—	675	170.00/cwt	170.00–170.00	1,148	1
Steers	Medium and Large 3	—	395	253.00/cwt	253.00–253.00	999	1
Steers	Medium and Large 2	—	508	232.51/cwt	230.00–235.00	1,181	2
Heifers	Medium and Large 2	—	615	180.00/cwt	180.00–180.00	1,107	2
Heifers	Medium and Large 2	—	775	172.00/cwt	172.00–172.00	1,333	1
Steers	Medium and Large 2	—	605	190.00/cwt	190.00–190.00	1,150	1
Steers	Medium and Large 3	—	524	216.74/cwt	210.00–219.00	1,136	6
Steers	Medium and Large 3	—	472	243.86/cwt	233.00–249.00	1,151	5
Steers	Medium and Large 2	—	566	234.21/cwt	233.00–240.00	1,326	9
Steers	Medium and Large 2	—	434	257.53/cwt	253.00–261.00	1,118	9
Steers	Medium and Large 3	—	428	239.03/cwt	238.00–240.00	1,023	2
Steers	Medium and Large 2	—	650	205.00/cwt	205.00–205.00	1,333	2
Steers	Medium and Large 2	—	372	264.31/cwt	260.00–270.00	983	3
Steers	Medium and Large 2	—	345	261.50/cwt	260.00–263.00	902	2
Steers	Medium and Large 2	—	715	182.00/cwt	182.00–182.00	1,301	1
Steers	Medium and Large 2	—	450	258.00/cwt	253.00–263.00	1,161	2
Steers	Medium and Large 1	—	521	245.07/cwt	242.00–251.00	1,277	4
Bulls	Medium and Large 2	—	810	160.00/cwt	160.00–160.00	1,296	1
Bulls	Medium and Large 2	—	715	175.00/cwt	175.00–175.00	1,251	1
Bulls	Medium and Large 2	—	610	175.00/cwt	175.00–175.00	1,068	1
Bulls	Medium and Large 3	—	670	168.00/cwt	168.00–168.00	1,126	1
Bulls	Medium and Large 3	—	585	185.00/cwt	185.00–185.00	1,082	1
Bulls	Medium and Large 3	—	775	155.00/cwt	155.00–155.00	1,201	1
Cows	Lean 85-90%	—	997	78.44/cwt	75.00–81.00	782	6
Cows	Breaker 75-80%	—	1,459	84.57/cwt	82.00–87.50	1,234	4
Cows	Boner 80-85%	—	1,115	87.96/cwt	84.00–91.50	981	8
Cows	Boner 80-85%	—	1,291	94.07/cwt	92.00–97.00	1,214	6
Cows	Lean 85-90%	—	893	64.07/cwt	63.00–65.00	572	2
Cows	Lean 85-90%	—	894	71.11/cwt	68.00–74.00	636	6
Bulls	—	—	1,510	93.21/cwt	90.00–96.00	1,407	3
Bulls	—	—	1,730	114.00/cwt	114.00–114.00	1,972	1
Bred Cows	Medium and Large 1	—	1,200	1,200.00/head	1,200.00–1,200.00	1,200	1
Bred Cows	Medium and Large 2	—	1,305	1,175.00/head	1,175.00–1,175.00	1,175	1
Heifers	Medium and Large 3	—	430	190.00/cwt	190.00–190.00	817	2
Heifers	Medium and Large 3	—	370	212.50/cwt	210.00–215.00	786	2
Bulls	Medium and Large 2	—	485	221.67/cwt	220.00–225.00	1,075	3
Bulls	Medium and Large 2	—	550	215.00/cwt	215.00–215.00	1,183	1
Bulls	Medium and Large 3	—	535	188.00/cwt	188.00–188.00	1,006	1
Bulls	Medium and Large 2	—	435	223.00/cwt	223.00–223.00	970	1
Heifers	Medium and Large 1	—	468	225.06/cwt	221.00–229.00	1,053	2
Heifers	Medium and Large 1	—	550	195.00/cwt	195.00–195.00	1,073	1
Bulls	Medium and Large 1	—	509	222.25/cwt	220.00–228.00	1,131	4
Bulls	Medium and Large 1	—	605	180.00/cwt	180.00–180.00	1,089	1
Heifers	Medium and Large 3	—	315	208.50/cwt	207.00–210.00	657	2
Heifers	Medium and Large 3	—	575	170.00/cwt	170.00–170.00	978	1
Heifers	Medium and Large 2	—	543	185.00/cwt	185.00–185.00	1,005	8
Heifers	Medium and Large 2	—	562	181.67/cwt	180.00–183.00	1,021	3
Heifers	Medium and Large 2	—	413	207.29/cwt	202.00–215.00	856	3
Heifers	Medium and Large 2	—	345	225.00/cwt	225.00–225.00	776	1
Heifers	Medium and Large 1	—	602	190.00/cwt	190.00–190.00	1,144	7
Heifers	Medium and Large 1	—	528	190.00/cwt	190.00–190.00	1,003	2
Steers	Medium and Large 3	—	325	241.88/cwt	240.00–244.00	786	2
Heifers	Medium and Large 3	—	510	170.00/cwt	170.00–170.00	867	1
Heifers	Medium and Large 3	—	478	181.03/cwt	180.00–182.00	865	2
Heifers	Medium and Large 2	—	351	225.13/cwt	220.00–226.00	790	7

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 Nov 27, 2023

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

Feeder CattleReceipts 484Last week 230Year ago 411

Slaughter CattleReceipts 137Last week 73Year ago 68

Replacement CattleReceipts 23Last week 42Year ago 58

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	440	220.00	220.00
2	—	468	221.00–229.00	225.06
1	—	550	195.00	195.00
7	—	602	190.00	190.00
2	—	528	190.00	190.00
Heifers — Medium and Large 2$ per cwt · actual wt
9	—	485	200.00–217.00	212.94
2	—	615	180.00	180.00
1	—	775	172.00	172.00
8	—	543	185.00	185.00
3	—	562	180.00–183.00	181.67
3	—	413	202.00–215.00	207.29
1	—	345	225.00	225.00
7	—	351	220.00–226.00	225.13
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	623	160.00–170.00	165.02
2	—	430	190.00	190.00
2	—	370	210.00–215.00	212.50
2	—	315	207.00–210.00	208.50
1	—	575	170.00	170.00
1	—	510	170.00	170.00
2	—	478	180.00–182.00	181.03
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	—	516	216.00	216.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	875	180.00	180.00
2	—	615	215.00–220.00	217.52
2	—	410	270.00–278.00	274.05
1	—	245	293.00	293.00
4	—	521	242.00–251.00	245.07
Steers — Medium and Large 3$ per cwt · actual wt
3	—	560	205.00–220.00	215.04
1	—	675	170.00	170.00
1	—	395	253.00	253.00
6	—	524	210.00–219.00	216.74
5	—	472	233.00–249.00	243.86
2	—	428	238.00–240.00	239.03
2	—	325	240.00–244.00	241.88
Steers — Medium and Large 2$ per cwt · actual wt
2	—	508	230.00–235.00	232.51
1	—	605	190.00	190.00
9	—	566	233.00–240.00	234.21
9	—	434	253.00–261.00	257.53
2	—	650	205.00	205.00
3	—	372	260.00–270.00	264.31
2	—	345	260.00–263.00	261.50
1	—	715	182.00	182.00
2	—	450	253.00–263.00	258.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	810	160.00	160.00
1	—	715	175.00	175.00
1	—	610	175.00	175.00
3	—	485	220.00–225.00	221.67
1	—	550	215.00	215.00
1	—	435	223.00	223.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	670	168.00	168.00
1	—	585	185.00	185.00
1	—	775	155.00	155.00
1	—	535	188.00	188.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	509	220.00–228.00	222.25
1	—	605	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
6	—	997	75.00–81.00	78.44
2	—	893	63.00–65.00	64.07
6	—	894	68.00–74.00	71.11
Cows — Breaker 75-80%$ per cwt · actual wt
4	—	1,459	82.00–87.50	84.57
Cows — Boner 80-85%$ per cwt · actual wt
8	—	1,115	84.00–91.50	87.96
6	—	1,291	92.00–97.00	94.07
Bulls$ per cwt · actual wt
3	—	1,510	90.00–96.00	93.21
1	—	1,730	114.00	114.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,200	1,200.00	1,200.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,305	1,175.00	1,175.00

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