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
BullsAverage1,574124.741,9635thin
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 3420225.00/cwt225.00–225.009451
HeifersMedium and Large 2528230.49/cwt228.00–233.001,2172
HeifersMedium and Large 3673193.37/cwt190.00–200.001,3013
HeifersMedium and Large 2458245.48/cwt241.00–250.001,1242
HeifersMedium and Large 2580230.00/cwt230.00–230.001,3341
SteersMedium and Large 1542293.28/cwt290.00–296.001,59011
SteersMedium and Large 1588295.41/cwt290.00–298.001,7373
SteersMedium and Large 1380346.48/cwt345.00–348.001,3172
SteersMedium and Large 1415346.00/cwt340.00–352.001,4362
SteersMedium and Large 3775210.00/cwt210.00–210.001,6281
SteersMedium and Large 3460298.00/cwt298.00–298.001,3711
SteersMedium and Large 2285355.54/cwt353.00–358.001,0132
SteersMedium and Large 2825206.00/cwt206.00–206.001,7001
SteersMedium and Large 2489310.00/cwt310.00–310.001,5166
SteersMedium and Large 1620258.00/cwt258.00–258.001,6001
SteersMedium and Large 1280372.50/cwt370.00–375.001,0432
SteersMedium and Large 2612244.38/cwt240.00–245.001,4968
SteersMedium and Large 3432302.65/cwt298.00–310.001,3075
SteersMedium and Large 3373312.42/cwt310.00–315.001,1652
SteersMedium and Large 2329342.04/cwt323.00–345.001,12511
SteersMedium and Large 2364335.15/cwt325.00–343.001,2205
SteersMedium and Large 2508274.02/cwt270.00–278.001,3922
SteersMedium and Large 2428320.97/cwt316.00–328.001,3744
SteersMedium and Large 2560285.00/cwt285.00–285.001,5961
BullsMedium and Large 2463266.48/cwt265.00–268.001,2342
BullsMedium and Large 2795200.00/cwt200.00–200.001,5901
BullsMedium and Large 1545280.00/cwt280.00–280.001,5261
BullsMedium and Large 2553263.48/cwt260.00–267.001,4572
BullsMedium and Large 2445260.00/cwt260.00–260.001,1571
BullsMedium and Large 3533252.67/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
Bulls1,493124.90/cwt122.00–129.001,8653
Bulls1,695134.00/cwt134.00–134.002,2711
Bulls1,695115.00/cwt115.00–115.001,9491
Bred CowsMedium and Large 11,1501,200.00/head1,200.00–1,200.001,2001
Bred CowsMedium and Large 21,1851,025.00/head1,025.00–1,025.001,0251
Bred CowsMedium and Large 29701,000.00/head1,000.00–1,000.001,0001
HeifersMedium and Large 3377270.97/cwt268.00–275.001,0223
HeifersMedium and Large 3780197.00/cwt197.00–197.001,5371
HeifersMedium and Large 3605190.00/cwt190.00–190.001,1501
BullsMedium and Large 1453276.97/cwt272.00–282.001,2552
BullsMedium and Large 1610215.00/cwt215.00–215.001,3121
BullsMedium and Large 1550272.00/cwt272.00–272.001,4961
HeifersMedium and Large 1323293.95/cwt293.00–295.009492
HeifersMedium and Large 1265310.00/cwt310.00–310.008221
HeifersMedium and Large 1521244.77/cwt240.00–250.001,2759
HeifersMedium and Large 1411266.51/cwt263.00–270.001,0954
HeifersMedium and Large 2290280.00/cwt280.00–280.008121
HeifersMedium and Large 1380290.00/cwt290.00–290.001,1022
HeifersMedium and Large 2748210.00/cwt210.00–210.001,5717
HeifersMedium and Large 2361281.94/cwt280.00–288.001,0184
HeifersMedium and Large 1-2522264.00/cwt264.00–264.001,37811
HeifersMedium and Large 1610228.30/cwt224.00–229.001,3939
HeifersMedium and Large 1705230.00/cwt230.00–230.001,6221
HeifersMedium and Large 2337284.38/cwt278.00–286.0095810
SteersMedium and Large 3310320.00/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.