Sale reports / Mississippi / Meridian Livestock Auction / 2023-12-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Dec 4
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
390 head
94 vs last sale 484 110 vs year ago 500 · 22.0%
Slaughter Cattle receipts
16 head
121 vs last sale 137 19 vs year ago 35 · 54.3%
Replacement Cattle receipts
9 head
14 vs last sale 23 16 vs year ago 25 · 64.0%
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Reporter comment USDA

As filed

Good day, as compared to the last market light calves were 5- 10 higher, and steady on the others. Slaughter cattle were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $231.83/cwt on 162 head.
Average price
$231.83
162 head · 564 lb average
Value per head Derived
$1,307
Price × average weight ÷ 100
Grade differential Derived
$253
per head · Medium and Large 1-2 over Medium and Large 3
$25.15/cwt at this weight
vs the market
9.96
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2574241.571,38758
Medium and Large 2445238.661,06114thin
Medium and Large 1606229.381,39156
Medium and Large 3524216.411,13434
One grade step is worth $25.15/cwt here — about $253 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 sale162 hd
231.83
MS average13 barns · 1,065 hd
241.78
−9.96
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
BullsLow1,255100.001,2551thin
CowsBoner 80-85%Average1,20786.751,0474thin
CowsLean 85-90%Average1,01876.557797thin

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)Young (2-4 yrs)1,145$1,2352thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,190$1,1852thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)950$1,0001thin

Every lot, as filed

58 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
SteersMedium and Large 1305290.00/cwt290.00–290.008851
HeifersMedium and Large 2733182.51/cwt182.00–183.001,3382
HeifersMedium and Large 2520185.00/cwt185.00–185.009621
SteersMedium and Large 3725175.00/cwt175.00–175.001,2691
SteersMedium and Large 3561210.00/cwt210.00–210.001,17823
SteersMedium and Large 1807190.75/cwt190.00–193.001,5394
SteersMedium and Large 2460235.00/cwt235.00–235.001,0811
SteersMedium and Large 3330258.00/cwt258.00–258.008511
HeifersMedium and Large 2473201.03/cwt199.00–203.009512
SteersMedium and Large 1457254.00/cwt254.00–254.001,16114
SteersMedium and Large 1668211.00/cwt211.00–211.001,4094
SteersMedium and Large 2502222.00/cwt222.00–222.001,1145
SteersMedium and Large 1265285.28/cwt280.00–290.007562
SteersMedium and Large 1717216.00/cwt216.00–216.001,54920
SteersMedium and Large 3360256.55/cwt253.00–260.009242
SteersMedium and Large 2870170.00/cwt170.00–170.001,4791
SteersMedium and Large 1556235.22/cwt229.00–236.001,3089
SteersMedium and Large 11,050135.00/cwt135.00–135.001,4181
SteersMedium and Large 2405237.50/cwt235.00–240.009622
SteersMedium and Large 1-2567250.00/cwt250.00–250.001,41816
SteersMedium and Large 1-2638221.00/cwt221.00–221.001,41015
SteersMedium and Large 1-2543248.00/cwt248.00–248.001,34727
SteersMedium and Large 2315270.24/cwt265.00–275.008515
BullsMedium and Large 1515230.69/cwt227.00–235.001,1883
BullsMedium and Large 2468231.51/cwt231.00–232.001,0832
BullsMedium and Large 2605180.00/cwt180.00–180.001,0891
BullsMedium and Large 3670168.00/cwt168.00–168.001,1261
BullsMedium and Large 3422222.63/cwt220.00–225.009393
BullsMedium and Large 3533204.93/cwt200.00–210.001,0922
CowsLean 85-90%1,04781.42/cwt80.00–84.008525
CowsBoner 80-85%1,13090.00/cwt90.00–90.001,0171
CowsBoner 80-85%1,23285.67/cwt85.00–86.501,0553
CowsLean 85-90%84551.00/cwt51.00–51.004311
CowsLean 85-90%1,04577.75/cwt77.75–77.758121
Bulls1,255100.00/cwt100.00–100.001,2551
Bred CowsMedium and Large 29501,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 11,1851,400.00/head1,400.00–1,400.001,4001
Bred CowsMedium and Large 21,1051,070.00/head1,070.00–1,070.001,0701
Bred CowsMedium and Large 11,1901,185.29/head1,150.00–1,220.001,1852
BullsMedium and Large 1418251.13/cwt248.00–255.001,0503
BullsMedium and Large 2439236.49/cwt230.00–240.001,0384
HeifersMedium and Large 11,008125.00/cwt125.00–125.001,2602
HeifersMedium and Large 1570190.00/cwt190.00–190.001,0831
HeifersMedium and Large 1632191.17/cwt190.00–196.001,2085
HeifersMedium and Large 1319258.18/cwt250.00–263.008244
HeifersMedium and Large 3325234.00/cwt234.00–234.007611
HeifersMedium and Large 2365241.61/cwt238.00–245.008823
HeifersMedium and Large 2758177.00/cwt177.00–177.001,3424
HeifersMedium and Large 1-2530207.77/cwt205.00–209.001,10110
HeifersMedium and Large 1-2435220.00/cwt220.00–220.009578
HeifersMedium and Large 1516191.50/cwt189.00–195.0098810
SteersMedium and Large 3442225.00/cwt225.00–225.009956
SteersMedium and Large 3490232.00/cwt232.00–232.001,1371
HeifersMedium and Large 1411214.29/cwt210.00–216.008816
HeifersMedium and Large 1482214.43/cwt208.00–215.001,03429
HeifersMedium and Large 2335243.00/cwt239.00–247.008142
HeifersMedium and Large 3383232.06/cwt229.00–235.008892
SteersMedium and Large 1430250.00/cwt250.00–250.001,0751

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.