Sale reports / Mississippi / Meridian Livestock Auction / 2024-02-12

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 12
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
378 head
▲ 152 vs last sale 226▲ 194 vs year ago 184 · +105.4%
Slaughter Cattle receipts
41 head
▼ 4 vs last sale 45▲ 20 vs year ago 21 · +95.2%
Replacement Cattle receipts
23 head
▼ 10 vs last sale 33▲ 19 vs year ago 4 · +475.0%
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Reporter comment USDA

As filed

Good day, the calf market is hot, feeder calves 2-5 higher. Had some light calves bring over 4 dollars a pound today. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $331.56/cwt on 113 head.
Average price
$331.56
113 head · 471 lb average
Value per head Derived
$1,563
Price × average weight ÷ 100
Grade differential Derived
$84
per head · Medium and Large 1-2 over Medium and Large 3
$27.18/cwt at this weight
vs the market
+26.61
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2467345.381,61132
Medium and Large 1470335.881,58032
Medium and Large 2470321.441,51223
Medium and Large 3480318.201,52726
One grade step is worth $27.18/cwt here — about $84 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 sale113 hd
331.56
—
MS average13 barns · 1,271 hd
304.95
+26.61
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Average1,545120.601,8636thin
CowsBoner 80-85%Low1,195106.751,2768thin
CowsBreaker 75-80%Average1,37999.291,3694thin
CowsLean 85-90%Average97987.448567thin

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,080$1,3001thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)973$1,2843thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)700$9751thin
Cow-Calf Pairs1st Stage (1-3 mo)Young (2-4 yrs)1,450$2,1252thin

Every lot, as filed

66 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 1—300395.00/cwt395.00–395.001,1851
SteersMedium and Large 3—385347.56/cwt345.00–350.001,3382
BullsMedium and Large 2—465270.00/cwt270.00–270.001,2561
BullsMedium and Large 2—735195.00/cwt195.00–195.001,4331
BullsMedium and Large 2—545255.00/cwt255.00–255.001,3901
BullsMedium and Large 3—820170.00/cwt170.00–170.001,3941
BullsMedium and Large 3—580223.00/cwt223.00–223.001,2931
BullsMedium and Large 3—535220.00/cwt220.00–220.001,1771
CowsLean 85-90%—99693.57/cwt91.00–98.009324
CowsLean 85-90%—95779.27/cwt75.00–82.007593
CowsBreaker 75-80%—1,37999.29/cwt97.50–102.001,3694
CowsBoner 80-85%—1,205103.56/cwt102.50–105.001,2484
CowsBoner 80-85%—1,185109.93/cwt109.00–111.001,3034
Bulls——1,555129.20/cwt126.00–132.002,0092
Bulls——1,835113.00/cwt113.00–113.002,0741
Bulls——1,290107.00/cwt107.00–107.001,3801
Bulls——1,518122.59/cwt121.00–124.001,8612
Bred CowsMedium and Large 1—1,0801,300.00/head1,300.00–1,300.001,3001
Bred CowsMedium and Large 1—1,0751,425.70/head1,400.00–1,450.001,4262
Bred CowsMedium and Large 2—7701,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 2—700975.00/head975.00–975.009751
Cow-Calf PairsMedium and Large 1—1,4502,125.00/head2,125.00–2,125.002,1252
HeifersMedium and Large 1—425284.42/cwt280.00–290.001,2093
HeifersMedium and Large 1—610228.00/cwt228.00–228.001,3912
HeifersMedium and Large 1—270332.50/cwt330.00–335.008982
HeifersMedium and Large 3—435253.00/cwt253.00–253.001,1011
BullsMedium and Large 1—530280.00/cwt280.00–280.001,4841
BullsMedium and Large 1—600250.00/cwt250.00–250.001,5001
HeifersMedium and Large 2—468266.11/cwt262.00–270.001,2452
HeifersMedium and Large 1—339298.73/cwt295.00–299.001,01314
HeifersMedium and Large 1—456279.00/cwt279.00–279.001,27218
HeifersMedium and Large 1—230325.00/cwt325.00–325.007482
HeifersMedium and Large 1—1,010200.00/cwt200.00–200.002,0201
HeifersMedium and Large 1—375290.00/cwt290.00–290.001,0881
HeifersMedium and Large 1-2—507259.26/cwt258.00–265.001,31417
HeifersMedium and Large 2—720220.00/cwt220.00–220.001,5841
HeifersMedium and Large 1—518243.38/cwt240.00–250.001,2613
HeifersMedium and Large 3—300273.00/cwt273.00–273.008191
HeifersMedium and Large 2—378288.00/cwt288.00–288.001,08910
HeifersMedium and Large 2—1,169157.00/cwt157.00–157.001,8356
SteersMedium and Large 3—495325.00/cwt325.00–325.001,60914
SteersMedium and Large 3—585270.00/cwt270.00–270.001,5806
HeifersMedium and Large 3—630200.00/cwt200.00–200.001,2601
HeifersMedium and Large 2—510235.00/cwt235.00–235.001,1991
HeifersMedium and Large 2—275320.00/cwt320.00–320.008801
HeifersMedium and Large 3—475250.62/cwt248.00–255.001,1905
SteersMedium and Large 1—419357.73/cwt350.00–363.001,4999
SteersMedium and Large 1—505323.50/cwt320.00–324.001,6348
SteersMedium and Large 1—1,110220.00/cwt220.00–220.002,4421
SteersMedium and Large 3—263373.99/cwt373.00–375.009842
SteersMedium and Large 3—505285.00/cwt285.00–285.001,4391
SteersMedium and Large 3—235375.00/cwt375.00–375.008811
SteersMedium and Large 1—360384.93/cwt380.00–390.001,3862
SteersMedium and Large 2—325370.73/cwt365.00–380.001,2055
SteersMedium and Large 1—275399.07/cwt398.00–400.001,0972
SteersMedium and Large 1-2—615270.00/cwt270.00–270.001,6615
SteersMedium and Large 1-2—415370.00/cwt370.00–370.001,53621
SteersMedium and Large 1—555300.00/cwt300.00–300.001,6654
SteersMedium and Large 2—285379.85/cwt365.00–390.001,0833
SteersMedium and Large 2—380370.07/cwt365.00–375.001,4062
SteersMedium and Large 1—228403.80/cwt398.00–410.009212
SteersMedium and Large 2—476335.00/cwt335.00–335.001,5953
SteersMedium and Large 1-2—523322.00/cwt322.00–322.001,6846
SteersMedium and Large 1—628250.00/cwt250.00–250.001,5703
SteersMedium and Large 2—438338.40/cwt330.00–345.001,4823
SteersMedium and Large 2—691234.24/cwt223.00–236.001,6197

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.