Name: Meridian Livestock Auction livestock auction prices — 2024-01-08
Creator: RaisedBeef
Published: 2024-01-08

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cattle were steady. Sold some really nice groups of weaned calves today.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $251.31/cwt on 108 head.

Average price

$251.31

108 head · 564 lb average

Value per head Derived

$1,419

Price × average weight ÷ 100

Grade differential Derived

$28

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

$11.71/cwt at this weight

vs the market

+0.41

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	556	258.90	1,440	31
Medium and Large 3	508	250.56	1,274	15thin
Medium and Large 1-2	634	250.00	1,585	11thin
Medium and Large 2	571	247.19	1,412	51

One grade step is worth $11.71/cwt here — about $28 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 sale108 hd

251.31

—

MS average6 barns · 481 hd

250.90

+0.41

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	1,700	113.15	1,924	6thin
Cows	Boner 80-85%	Low	1,198	91.53	1,097	9thin
Cows	Lean 85-90%	Average	1,084	76.11	825	9thin

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)	Middle Aged (5-8 yrs)	1,107	$1,190	3thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,185	$1,143	2thin

Every lot, as filed

70 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
Steers	Medium and Large 3	—	529	244.24/cwt	240.00–249.00	1,292	4
Steers	Medium and Large 3	—	726	206.72/cwt	200.00–210.00	1,501	3
Steers	Medium and Large 3	—	560	243.00/cwt	243.00–243.00	1,361	1
Steers	Medium and Large 3	—	470	260.00/cwt	260.00–260.00	1,222	1
Heifers	Medium and Large 1	—	534	238.45/cwt	235.00–244.00	1,273	19
Heifers	Medium and Large 2	—	528	223.92/cwt	220.00–231.00	1,182	4
Steers	Medium and Large 1	—	518	268.44/cwt	264.00–270.00	1,391	7
Steers	Medium and Large 1	—	276	316.99/cwt	313.00–320.00	875	4
Steers	Medium and Large 1-2	—	634	250.00/cwt	250.00–250.00	1,585	11
Steers	Medium and Large 1	—	670	232.17/cwt	231.00–235.00	1,556	10
Heifers	Medium and Large 3	—	490	215.00/cwt	215.00–215.00	1,054	1
Heifers	Medium and Large 2	—	742	188.32/cwt	187.00–195.00	1,397	6
Steers	Medium and Large 2	—	318	305.00/cwt	305.00–305.00	970	1
Steers	Medium and Large 1	—	950	199.00/cwt	199.00–199.00	1,891	2
Steers	Medium and Large 1	—	720	220.00/cwt	220.00–220.00	1,584	1
Steers	Medium and Large 1	—	628	232.63/cwt	228.00–237.00	1,461	2
Steers	Medium and Large 2	—	628	219.65/cwt	218.00–221.00	1,379	3
Steers	Medium and Large 3	—	425	250.00/cwt	250.00–250.00	1,063	1
Steers	Medium and Large 3	—	375	281.67/cwt	278.00–285.00	1,056	5
Steers	Medium and Large 2	—	534	258.61/cwt	251.00–260.00	1,381	12
Steers	Medium and Large 2	—	725	212.94/cwt	212.00–213.00	1,544	17
Steers	Medium and Large 2	—	432	271.34/cwt	265.00–275.00	1,172	5
Steers	Medium and Large 1	—	418	280.49/cwt	280.00–281.00	1,172	2
Steers	Medium and Large 1	—	318	311.53/cwt	308.00–315.00	991	2
Steers	Medium and Large 2	—	571	256.26/cwt	254.00–258.00	1,463	4
Steers	Medium and Large 2	—	474	270.34/cwt	268.00–273.00	1,281	5
Steers	Medium and Large 2	—	367	297.72/cwt	295.00–300.00	1,093	3
Steers	Medium and Large 1	—	460	290.00/cwt	290.00–290.00	1,334	1
Steers	Medium and Large 2	—	275	293.00/cwt	293.00–293.00	806	1
Bulls	Medium and Large 1	—	525	240.00/cwt	240.00–240.00	1,260	1
Bulls	Medium and Large 1	—	645	216.00/cwt	216.00–216.00	1,393	1
Bulls	Medium and Large 1	—	725	203.00/cwt	203.00–203.00	1,472	1
Bulls	Medium and Large 1	—	415	273.98/cwt	273.00–275.00	1,137	2
Bulls	Medium and Large 3	—	495	231.00/cwt	231.00–231.00	1,143	1
Bulls	Medium and Large 2	—	655	199.00/cwt	199.00–199.00	1,303	1
Heifers	Medium and Large 1	—	424	243.94/cwt	240.00–248.00	1,034	4
Heifers	Medium and Large 1	—	815	179.00/cwt	179.00–179.00	1,459	1
Heifers	Medium and Large 1-2	—	445	253.00/cwt	253.00–253.00	1,126	3
Heifers	Medium and Large 3	—	525	207.92/cwt	206.00–210.00	1,092	2
Heifers	Medium and Large 3	—	378	249.61/cwt	245.00–255.00	944	6
Heifers	Medium and Large 2	—	322	258.66/cwt	253.00–263.00	833	3
Heifers	Medium and Large 1	—	920	189.00/cwt	189.00–189.00	1,739	1
Heifers	Medium and Large 1	—	1,210	132.00/cwt	132.00–132.00	1,597	1
Heifers	Medium and Large 2	—	615	193.00/cwt	193.00–193.00	1,187	1
Heifers	Medium and Large 2	—	1,310	120.00/cwt	120.00–120.00	1,572	1
Heifers	Medium and Large 2	—	425	235.98/cwt	232.00–239.00	1,003	3
Heifers	Medium and Large 1	—	1,085	129.00/cwt	129.00–129.00	1,400	1
Heifers	Medium and Large 2	—	290	250.00/cwt	250.00–250.00	725	1
Heifers	Medium and Large 1	—	345	276.50/cwt	275.00–278.00	954	2
Heifers	Medium and Large 1	—	1,183	130.01/cwt	128.00–132.00	1,538	2
Heifers	Medium and Large 1	—	380	268.00/cwt	268.00–268.00	1,018	1
Heifers	Medium and Large 2	—	350	258.00/cwt	258.00–258.00	903	1
Heifers	Medium and Large 2	—	465	235.29/cwt	231.00–239.00	1,094	3
Bulls	Medium and Large 1	—	670	208.00/cwt	208.00–208.00	1,394	1
Heifers	Medium and Large 1	—	614	213.57/cwt	213.00–218.00	1,311	21
Bulls	Medium and Large 2	—	575	220.00/cwt	220.00–220.00	1,265	1
Bulls	Medium and Large 2	—	473	254.54/cwt	252.00–257.00	1,204	2
Heifers	Medium and Large 1	—	1,390	124.00/cwt	124.00–124.00	1,724	1
Heifers	Medium and Large 1	—	853	173.99/cwt	171.00–177.00	1,484	2
Bred Cows	Medium and Large 1	—	1,250	1,185.00/head	1,185.00–1,185.00	1,185	1
Bred Cows	Medium and Large 1	—	1,120	1,100.00/head	1,100.00–1,100.00	1,100	1
Bred Cows	Medium and Large 1	—	1,107	1,190.34/head	1,100.00–1,300.00	1,190	3
Bulls	—	—	1,910	119.18/cwt	117.50–121.00	2,276	2
Bulls	—	—	1,778	114.76/cwt	114.50–115.00	2,040	2
Bulls	—	—	1,413	105.51/cwt	105.00–106.00	1,491	2
Cows	Boner 80-85%	—	992	89.01/cwt	88.00–90.00	883	3
Cows	Boner 80-85%	—	1,301	92.79/cwt	91.00–95.00	1,207	6
Cows	Lean 85-90%	—	1,131	83.43/cwt	81.50–86.00	944	4
Cows	Lean 85-90%	—	1,080	76.47/cwt	74.00–80.00	826	2
Cows	Lean 85-90%	—	1,023	66.12/cwt	64.00–70.00	676	3

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 Jan 8, 2024

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

Feeder CattleReceipts 365Last week 527Year ago 262

Slaughter CattleReceipts 46Last week 43Year ago 40

Replacement CattleReceipts 31Last week 4Year ago 38

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cattle were steady. Sold some really nice groups of weaned calves today.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
4	—	529	240.00–249.00	244.24
3	—	726	200.00–210.00	206.72
1	—	560	243.00	243.00
1	—	470	260.00	260.00
1	—	425	250.00	250.00
5	—	375	278.00–285.00	281.67
Steers — Medium and Large 1$ per cwt · actual wt
7	—	518	264.00–270.00	268.44
4	—	276	313.00–320.00	316.99
10	—	670	231.00–235.00	232.17
2	—	950	199.00	199.00
1	—	720	220.00	220.00
2	—	628	228.00–237.00	232.63
2	—	418	280.00–281.00	280.49
2	—	318	308.00–315.00	311.53
1	—	460	290.00	290.00
Steers — Medium and Large 1-2$ per cwt · actual wt
11	—	634	250.00	250.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	318	305.00	305.00
3	—	628	218.00–221.00	219.65
12	—	534	251.00–260.00	258.61
17	—	725	212.00–213.00	212.94
5	—	432	265.00–275.00	271.34
4	—	571	254.00–258.00	256.26
5	—	474	268.00–273.00	270.34
3	—	367	295.00–300.00	297.72
1	—	275	293.00	293.00
Heifers — Medium and Large 1$ per cwt · actual wt
19	—	534	235.00–244.00	238.45
4	—	424	240.00–248.00	243.94
1	—	815	179.00	179.00
1	—	920	189.00	189.00
1	—	1,210	132.00	132.00
1	—	1,085	129.00	129.00
2	—	345	275.00–278.00	276.50
2	—	1,183	128.00–132.00	130.01
1	—	380	268.00	268.00
21	—	614	213.00–218.00	213.57
1	—	1,390	124.00	124.00
2	—	853	171.00–177.00	173.99
Heifers — Medium and Large 2$ per cwt · actual wt
4	—	528	220.00–231.00	223.92
6	—	742	187.00–195.00	188.32
3	—	322	253.00–263.00	258.66
1	—	615	193.00	193.00
1	—	1,310	120.00	120.00
3	—	425	232.00–239.00	235.98
1	—	290	250.00	250.00
1	—	350	258.00	258.00
3	—	465	231.00–239.00	235.29
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	490	215.00	215.00
2	—	525	206.00–210.00	207.92
6	—	378	245.00–255.00	249.61
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	—	445	253.00	253.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	525	240.00	240.00
1	—	645	216.00	216.00
1	—	725	203.00	203.00
2	—	415	273.00–275.00	273.98
1	—	670	208.00	208.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	495	231.00	231.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	655	199.00	199.00
1	—	575	220.00	220.00
2	—	473	252.00–257.00	254.54

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · estimate wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,250	1,185.00	1,185.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,120	1,100.00	1,100.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,107	1,100.00–1,300.00	1,190.34

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,910	117.50–121.00	119.18
2	—	1,778	114.50–115.00	114.76
2	—	1,413	105.00–106.00	105.51
Cows — Boner 80-85%$ per cwt · actual wt
3	—	992	88.00–90.00	89.01
6	—	1,301	91.00–95.00	92.79
Cows — Lean 85-90%$ per cwt · actual wt
4	—	1,131	81.50–86.00	83.43
2	—	1,080	74.00–80.00	76.47
3	—	1,023	64.00–70.00	66.12

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

Steers · 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

Replacement Cattle

Slaughter Cattle