Name: Meridian Livestock Auction livestock auction prices — 2024-01-22
Creator: RaisedBeef
Published: 2024-01-22

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cows and bulls 5-8 higher. Had some really good groups of weaned calves today.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $271.69/cwt on 201 head.

Average price

$271.69

201 head · 532 lb average

Value per head Derived

$1,445

Price × average weight ÷ 100

Grade differential Derived

$102

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

$38.02/cwt at this weight

vs the market

+1.61

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	500	284.00	1,420	11thin
Medium and Large 2	515	274.35	1,413	103
Medium and Large 1	560	271.01	1,517	73
Medium and Large 3	536	245.98	1,318	14thin

One grade step is worth $38.02/cwt here — about $102 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 sale201 hd

271.69

—

MS average9 barns · 944 hd

270.08

+1.61

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	1,732	127.22	2,203	4thin
Cows	Boner 80-85%	Low	1,253	99.33	1,245	8thin
Cows	Lean 85-90%	Average	1,031	79.53	820	8thin

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)	1,085	$1,396	3thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	980	$1,275	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	985	$1,198	2thin

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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Steers	Medium and Large 1	—	405	314.00/cwt	314.00–314.00	1,272	1
Steers	Medium and Large 3	—	615	216.56/cwt	213.00–220.00	1,332	2
Heifers	Medium and Large 3	—	568	227.08/cwt	220.00–231.00	1,290	3
Heifers	Medium and Large 2	—	332	259.00/cwt	259.00–259.00	860	12
Steers	Medium and Large 3	—	385	280.00/cwt	280.00–280.00	1,078	1
Steers	Medium and Large 1	—	368	309.02/cwt	308.00–310.00	1,137	2
Steers	Medium and Large 1	—	535	274.61/cwt	268.00–276.00	1,469	15
Steers	Medium and Large 1	—	285	318.00/cwt	318.00–318.00	906	1
Heifers	Medium and Large 2	—	744	195.00/cwt	195.00–195.00	1,451	7
Heifers	Medium and Large 2	—	521	238.01/cwt	235.00–242.00	1,240	4
Steers	Medium and Large 1	—	240	318.10/cwt	313.00–323.00	763	2
Steers	Medium and Large 2	—	672	233.52/cwt	225.00–235.00	1,569	15
Steers	Medium and Large 2	—	610	230.00/cwt	230.00–230.00	1,403	1
Steers	Medium and Large 2	—	725	218.00/cwt	218.00–218.00	1,581	2
Steers	Medium and Large 3	—	564	242.82/cwt	241.00–248.00	1,370	8
Steers	Medium and Large 3	—	485	260.00/cwt	260.00–260.00	1,261	1
Steers	Medium and Large 1	—	608	250.72/cwt	245.00–261.00	1,524	3
Steers	Medium and Large 2	—	582	262.64/cwt	261.00–265.00	1,529	18
Steers	Medium and Large 1	—	838	214.00/cwt	214.00–214.00	1,793	4
Steers	Medium and Large 2	—	466	288.33/cwt	285.00–292.00	1,344	46
Steers	Medium and Large 1-2	—	500	284.00/cwt	284.00–284.00	1,420	11
Steers	Medium and Large 1	—	578	269.33/cwt	269.00–270.00	1,557	44
Steers	Medium and Large 2	—	387	300.65/cwt	298.00–305.00	1,164	5
Heifers	Medium and Large 1	—	363	264.66/cwt	263.00–266.00	961	3
Heifers	Medium and Large 1	—	582	246.01/cwt	244.00–255.00	1,432	11
Bulls	Medium and Large 2	—	415	260.00/cwt	260.00–260.00	1,079	1
Bulls	Medium and Large 3	—	545	220.00/cwt	220.00–220.00	1,199	1
Bulls	Medium and Large 2	—	567	238.29/cwt	235.00–240.00	1,351	3
Bulls	Medium and Large 3	—	570	219.05/cwt	216.00–222.00	1,249	2
Cows	Lean 85-90%	—	1,138	87.65/cwt	85.00–90.00	997	3
Cows	Boner 80-85%	—	1,158	95.18/cwt	92.00–98.00	1,102	4
Cows	Boner 80-85%	—	1,348	103.47/cwt	100.00–106.00	1,395	4
Cows	Lean 85-90%	—	865	67.36/cwt	64.00–71.00	583	2
Cows	Lean 85-90%	—	1,035	79.52/cwt	75.00–83.00	823	3
Bulls	—	—	2,048	131.12/cwt	130.00–132.00	2,685	2
Bulls	—	—	1,415	123.32/cwt	121.00–125.00	1,745	2
Bred Cows	Medium and Large 1	—	985	1,197.72/head	1,125.00–1,275.00	1,198	2
Bred Cows	Medium and Large 1	—	1,085	1,395.62/head	1,250.00–1,550.00	1,396	3
Bred Cows	Medium and Large 1	—	980	1,275.00/head	1,275.00–1,275.00	1,275	1
Heifers	Medium and Large 1	—	625	219.98/cwt	218.00–222.00	1,375	2
Heifers	Medium and Large 2	—	665	208.00/cwt	208.00–208.00	1,383	1
Bulls	Medium and Large 1	—	725	200.03/cwt	195.00–205.00	1,450	2
Bulls	Medium and Large 1	—	565	255.00/cwt	255.00–255.00	1,441	1
Heifers	Medium and Large 1	—	535	250.28/cwt	249.00–253.00	1,339	3
Heifers	Medium and Large 1-2	—	444	273.00/cwt	273.00–273.00	1,212	35
Heifers	Medium and Large 2	—	555	236.29/cwt	235.00–237.00	1,311	34
Heifers	Medium and Large 2	—	420	248.43/cwt	245.00–252.00	1,043	4
Heifers	Medium and Large 2	—	605	205.00/cwt	205.00–205.00	1,240	1
Heifers	Medium and Large 1	—	680	217.00/cwt	217.00–217.00	1,476	1
Heifers	Medium and Large 1	—	438	265.45/cwt	261.00–266.00	1,163	34
Heifers	Medium and Large 1	—	460	266.66/cwt	260.00–267.00	1,227	33
Steers	Medium and Large 3	—	445	264.00/cwt	263.00–265.00	1,175	2
Steers	Medium and Large 2	—	441	287.22/cwt	285.00–293.00	1,267	16
Heifers	Medium and Large 3	—	510	222.00/cwt	222.00–222.00	1,132	1
Heifers	Medium and Large 2	—	290	270.00/cwt	270.00–270.00	783	1
Heifers	Medium and Large 1	—	250	288.00/cwt	288.00–288.00	720	1
Heifers	Medium and Large 3	—	473	235.97/cwt	230.00–240.00	1,116	3
Steers	Medium and Large 1	—	330	320.00/cwt	320.00–320.00	1,056	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 Jan 22, 2024

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

Feeder CattleReceipts 619Last week 365Year ago 105

Slaughter CattleReceipts 56Last week 46Year ago 19

Replacement CattleReceipts 51Last week 31Year ago 30

Good day, as compared to the last market feeder calves were 5-10 higher and slaughter cows and bulls 5-8 higher. Had some really good groups of weaned calves today.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	405	314.00	314.00
2	—	368	308.00–310.00	309.02
15	—	535	268.00–276.00	274.61
1	—	285	318.00	318.00
2	—	240	313.00–323.00	318.10
3	—	608	245.00–261.00	250.72
4	—	838	214.00	214.00
44	—	578	269.00–270.00	269.33
1	—	330	320.00	320.00
Steers — Medium and Large 3$ per cwt · actual wt
2	—	615	213.00–220.00	216.56
1	—	385	280.00	280.00
8	—	564	241.00–248.00	242.82
1	—	485	260.00	260.00
2	—	445	263.00–265.00	264.00
Steers — Medium and Large 2$ per cwt · actual wt
15	—	672	225.00–235.00	233.52
1	—	610	230.00	230.00
2	—	725	218.00	218.00
18	—	582	261.00–265.00	262.64
46	—	466	285.00–292.00	288.33
5	—	387	298.00–305.00	300.65
16	—	441	285.00–293.00	287.22
Steers — Medium and Large 1-2$ per cwt · actual wt
11	—	500	284.00	284.00
Heifers — Medium and Large 3$ per cwt · actual wt
3	—	568	220.00–231.00	227.08
1	—	510	222.00	222.00
3	—	473	230.00–240.00	235.97
Heifers — Medium and Large 2$ per cwt · actual wt
12	—	332	259.00	259.00
7	—	744	195.00	195.00
4	—	521	235.00–242.00	238.01
1	—	665	208.00	208.00
34	—	555	235.00–237.00	236.29
4	—	420	245.00–252.00	248.43
1	—	605	205.00	205.00
1	—	290	270.00	270.00
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	363	263.00–266.00	264.66
11	—	582	244.00–255.00	246.01
2	—	625	218.00–222.00	219.98
3	—	535	249.00–253.00	250.28
1	—	680	217.00	217.00
34	—	438	261.00–266.00	265.45
33	—	460	260.00–267.00	266.66
1	—	250	288.00	288.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
35	—	444	273.00	273.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	415	260.00	260.00
3	—	567	235.00–240.00	238.29
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	545	220.00	220.00
2	—	570	216.00–222.00	219.05
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	725	195.00–205.00	200.03
1	—	565	255.00	255.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,138	85.00–90.00	87.65
2	—	865	64.00–71.00	67.36
3	—	1,035	75.00–83.00	79.52
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,158	92.00–98.00	95.18
4	—	1,348	100.00–106.00	103.47
Bulls$ per cwt · actual wt
2	—	2,048	130.00–132.00	131.12
2	—	1,415	121.00–125.00	123.32

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)	2	—	985	1,125.00–1,275.00	1,197.72
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,085	1,250.00–1,550.00	1,395.62
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	980	1,275.00	1,275.00

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

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

Slaughter Cattle

Replacement Cattle