Sale reports / Mississippi / Meridian Livestock Auction / 2024-02-19

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 19
● Final74 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
554 head
▲ 176 vs last sale 378▲ 334 vs year ago 220 · +151.8%
Slaughter Cattle receipts
38 head
▼ 3 vs last sale 41▲ 27 vs year ago 11 · +245.5%
Replacement Cattle receipts
49 head
▲ 26 vs last sale 23▲ 31 vs year ago 18 · +172.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. Slaughter cows and bulls were steady as well.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $296.88/cwt on 149 head.
Average price
$296.88
149 head · 414 lb average
Value per head Derived
$1,229
Price × average weight ÷ 100
Grade differential Derived
$5
per head · Medium and Large 1-2 over Medium and Large 1
$28.53/cwt at this weight
vs the market
+35.19
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2428305.931,30978
Medium and Large 2387290.011,12326
Medium and Large 3377288.671,08831
Medium and Large 1470277.401,30414thin
One grade step is worth $28.53/cwt here — about $5 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 sale149 hd
296.88
—
MS average13 barns · 1,676 hd
261.69
+35.19
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—Average1,804130.402,3525thin
CowsBoner 80-85%Average1,149110.191,2667thin
CowsBreaker 75-80%Average1,383102.351,4162thin
CowsLean 85-90%Average97089.308679thin

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/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,178$1,3562thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)945$1,1734thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,220$1,7918
Cow-Calf PairsOpenYoung (2-4 yrs)970$1,5502thin

Every lot, as filed

74 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—330398.00/cwt398.00–398.001,3131
SteersMedium and Large 2—427354.28/cwt350.00–358.001,5139
SteersMedium and Large 1—287397.05/cwt390.00–420.001,1404
SteersMedium and Large 3—416344.84/cwt330.00–355.001,4359
SteersMedium and Large 3—390363.00/cwt363.00–363.001,4161
HeifersMedium and Large 2—275328.00/cwt328.00–328.009021
SteersMedium and Large 2—315375.00/cwt375.00–375.001,1811
SteersMedium and Large 2—355375.00/cwt375.00–375.001,3311
SteersMedium and Large 1—535316.00/cwt315.00–320.001,6915
SteersMedium and Large 1—915285.00/cwt285.00–285.002,6081
SteersMedium and Large 1—440375.00/cwt370.00–380.001,6502
SteersMedium and Large 1—385393.00/cwt393.00–393.001,5131
SteersMedium and Large 2—205338.00/cwt293.00–383.006932
SteersMedium and Large 3—337361.88/cwt355.00–363.001,22010
SteersMedium and Large 2—528297.51/cwt295.00–300.001,5714
SteersMedium and Large 2—463357.58/cwt353.00–360.001,6566
SteersMedium and Large 1-2—613282.80/cwt281.00–286.001,73419
SteersMedium and Large 2—561297.32/cwt293.00–300.001,6688
BullsMedium and Large 1—473341.56/cwt338.00–345.001,6162
BullsMedium and Large 2—425330.00/cwt330.00–330.001,4031
BullsMedium and Large 2—505319.00/cwt319.00–319.001,6111
BullsMedium and Large 2—490320.00/cwt320.00–320.001,5681
BullsMedium and Large 2—603256.00/cwt256.00–256.001,5446
BullsMedium and Large 3—473322.87/cwt318.00–328.001,5272
CowsLean 85-90%—1,00097.00/cwt95.00–100.009703
CowsBreaker 75-80%—1,383102.35/cwt100.00–105.001,4162
CowsBoner 80-85%—1,064110.11/cwt108.00–113.251,1724
CowsBoner 80-85%—1,205104.93/cwt103.00–107.001,2642
CowsBoner 80-85%—1,375121.00/cwt121.00–121.001,6641
CowsLean 85-90%—88578.14/cwt76.00–80.006922
CowsLean 85-90%—99189.11/cwt87.00–91.008834
Bulls——1,903133.36/cwt130.50–135.002,5383
Bulls——1,655125.95/cwt123.00–129.002,0842
Cow-Calf PairsMedium and Large 1—1,3051,700.00/head1,700.00–1,700.001,7002
Cow-Calf PairsMedium and Large 1—1,1921,821.54/head1,650.00–2,000.001,8226
Bred CowsMedium and Large 2—8621,113.93/head1,100.00–1,120.001,1143
Bred CowsMedium and Large 1—1,1781,356.43/head1,310.00–1,400.001,3562
Bred CowsMedium and Large 1—1,1951,350.00/head1,350.00–1,350.001,3501
Cow-Calf PairsMedium and Large 2—9701,550.00/head1,550.00–1,550.001,5502
HeifersMedium and Large 2—225336.74/cwt330.00–345.007583
HeifersMedium and Large 3—368282.67/cwt280.00–285.001,0403
BullsMedium and Large 2—730245.00/cwt245.00–245.001,7891
BullsMedium and Large 2—695245.00/cwt245.00–245.001,7031
BullsMedium and Large 1—575295.00/cwt295.00–295.001,6961
BullsMedium and Large 1—610278.00/cwt278.00–278.001,6961
HeifersMedium and Large 2—520238.00/cwt238.00–238.001,2381
HeifersMedium and Large 3—530234.03/cwt233.00–235.001,2402
HeifersMedium and Large 1-2—337328.71/cwt323.00–330.001,10844
HeifersMedium and Large 1-2—513302.48/cwt300.00–305.001,55216
BullsMedium and Large 1—430343.00/cwt343.00–343.001,4751
BullsMedium and Large 1—520296.03/cwt290.00–300.001,5393
HeifersMedium and Large 2—580245.00/cwt245.00–245.001,4211
HeifersMedium and Large 1—505255.00/cwt250.00–260.001,2882
HeifersMedium and Large 1—460285.50/cwt283.00–288.001,3132
HeifersMedium and Large 1—638229.01/cwt227.00–230.001,4613
HeifersMedium and Large 3—750185.00/cwt185.00–185.001,3881
HeifersMedium and Large 1—310330.00/cwt330.00–330.001,0231
HeifersMedium and Large 2—417273.65/cwt270.00–278.001,1413
HeifersMedium and Large 1—435286.70/cwt285.00–290.001,2473
HeifersMedium and Large 1—233352.74/cwt345.00–360.008222
HeifersMedium and Large 1-2—596240.00/cwt240.00–240.001,43014
HeifersMedium and Large 1—655220.00/cwt220.00–220.001,4411
HeifersMedium and Large 2—630220.00/cwt220.00–220.001,3861
SteersMedium and Large 1—663259.03/cwt255.00–263.001,7176
HeifersMedium and Large 2—470267.67/cwt265.00–270.001,2583
HeifersMedium and Large 3—480255.00/cwt255.00–255.001,2241
HeifersMedium and Large 1-2—496300.00/cwt300.00–300.001,4884
HeifersMedium and Large 2—795200.00/cwt200.00–200.001,5901
HeifersMedium and Large 2—385296.46/cwt295.00–298.001,1412
SteersMedium and Large 1—210419.00/cwt419.00–419.008801
HeifersMedium and Large 3—344301.03/cwt280.00–310.001,03622
HeifersMedium and Large 3—445260.00/cwt260.00–260.001,1571
HeifersMedium and Large 3—280310.00/cwt310.00–310.008681
HeifersMedium and Large 2—316308.22/cwt303.00–313.0097410

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.