Sale reports / Mississippi / Meridian Livestock Auction / 2024-01-29

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 29
● Final60 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
270 head
▼ 349 vs last sale 619▲ 158 vs year ago 112 · +141.1%
Slaughter Cattle receipts
27 head
▼ 29 vs last sale 56▲ 9 vs year ago 18 · +50.0%
Replacement Cattle receipts
14 head
▼ 37 vs last sale 51▲ 3 vs year ago 11 · +27.3%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves have gone wild market is 10-15 higher and slaughter cattle 5-8 higher.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $251.25/cwt on 75 head.
Average price
$251.25
75 head · 504 lb average
Value per head Derived
$1,266
Price × average weight ÷ 100
Grade differential Derived
$152
per head · Medium and Large 1-2 over Medium and Large 3
$41.22/cwt at this weight
vs the market
+12.38
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2522264.001,37811thin
Medium and Large 2477255.691,22127
Medium and Large 1507251.131,27328
Medium and Large 3551222.781,2279thin
One grade step is worth $41.22/cwt here — about $152 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 sale75 hd
251.25
—
MS average13 barns · 1,271 hd
238.87
+12.38
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—Average1,574124.741,9635thin
CowsBoner 80-85%High1,346106.271,43011
CowsLean 85-90%Low1,16989.721,0493thin

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)1,168$1,1132thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)970$1,0001thin

Every lot, as filed

60 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—420225.00/cwt225.00–225.009451
HeifersMedium and Large 2—528230.49/cwt228.00–233.001,2172
HeifersMedium and Large 3—673193.37/cwt190.00–200.001,3013
HeifersMedium and Large 2—458245.48/cwt241.00–250.001,1242
HeifersMedium and Large 2—580230.00/cwt230.00–230.001,3341
SteersMedium and Large 1—542293.28/cwt290.00–296.001,59011
SteersMedium and Large 1—588295.41/cwt290.00–298.001,7373
SteersMedium and Large 1—380346.48/cwt345.00–348.001,3172
SteersMedium and Large 1—415346.00/cwt340.00–352.001,4362
SteersMedium and Large 3—775210.00/cwt210.00–210.001,6281
SteersMedium and Large 3—460298.00/cwt298.00–298.001,3711
SteersMedium and Large 2—285355.54/cwt353.00–358.001,0132
SteersMedium and Large 2—825206.00/cwt206.00–206.001,7001
SteersMedium and Large 2—489310.00/cwt310.00–310.001,5166
SteersMedium and Large 1—620258.00/cwt258.00–258.001,6001
SteersMedium and Large 1—280372.50/cwt370.00–375.001,0432
SteersMedium and Large 2—612244.38/cwt240.00–245.001,4968
SteersMedium and Large 3—432302.65/cwt298.00–310.001,3075
SteersMedium and Large 3—373312.42/cwt310.00–315.001,1652
SteersMedium and Large 2—329342.04/cwt323.00–345.001,12511
SteersMedium and Large 2—364335.15/cwt325.00–343.001,2205
SteersMedium and Large 2—508274.02/cwt270.00–278.001,3922
SteersMedium and Large 2—428320.97/cwt316.00–328.001,3744
SteersMedium and Large 2—560285.00/cwt285.00–285.001,5961
BullsMedium and Large 2—463266.48/cwt265.00–268.001,2342
BullsMedium and Large 2—795200.00/cwt200.00–200.001,5901
BullsMedium and Large 1—545280.00/cwt280.00–280.001,5261
BullsMedium and Large 2—553263.48/cwt260.00–267.001,4572
BullsMedium and Large 2—445260.00/cwt260.00–260.001,1571
BullsMedium and Large 3—533252.67/cwt250.00–256.001,3473
CowsLean 85-90%—1,24085.00/cwt85.00–85.001,0541
CowsLean 85-90%—1,13392.08/cwt90.00–95.001,0432
CowsBoner 80-85%—1,521112.40/cwt110.00–115.001,7104
CowsBoner 80-85%—1,325105.09/cwt102.50–108.001,3925
CowsBoner 80-85%—1,04896.95/cwt96.00–98.001,0162
Bulls——1,493124.90/cwt122.00–129.001,8653
Bulls——1,695134.00/cwt134.00–134.002,2711
Bulls——1,695115.00/cwt115.00–115.001,9491
Bred CowsMedium and Large 1—1,1501,200.00/head1,200.00–1,200.001,2001
Bred CowsMedium and Large 2—1,1851,025.00/head1,025.00–1,025.001,0251
Bred CowsMedium and Large 2—9701,000.00/head1,000.00–1,000.001,0001
HeifersMedium and Large 3—377270.97/cwt268.00–275.001,0223
HeifersMedium and Large 3—780197.00/cwt197.00–197.001,5371
HeifersMedium and Large 3—605190.00/cwt190.00–190.001,1501
BullsMedium and Large 1—453276.97/cwt272.00–282.001,2552
BullsMedium and Large 1—610215.00/cwt215.00–215.001,3121
BullsMedium and Large 1—550272.00/cwt272.00–272.001,4961
HeifersMedium and Large 1—323293.95/cwt293.00–295.009492
HeifersMedium and Large 1—265310.00/cwt310.00–310.008221
HeifersMedium and Large 1—521244.77/cwt240.00–250.001,2759
HeifersMedium and Large 1—411266.51/cwt263.00–270.001,0954
HeifersMedium and Large 2—290280.00/cwt280.00–280.008121
HeifersMedium and Large 1—380290.00/cwt290.00–290.001,1022
HeifersMedium and Large 2—748210.00/cwt210.00–210.001,5717
HeifersMedium and Large 2—361281.94/cwt280.00–288.001,0184
HeifersMedium and Large 1-2—522264.00/cwt264.00–264.001,37811
HeifersMedium and Large 1—610228.30/cwt224.00–229.001,3939
HeifersMedium and Large 1—705230.00/cwt230.00–230.001,6221
HeifersMedium and Large 2—337284.38/cwt278.00–286.0095810
SteersMedium and Large 3—310320.00/cwt320.00–320.009921

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.