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
BullsAverage1,804130.402,3525thin
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 1330398.00/cwt398.00–398.001,3131
SteersMedium and Large 2427354.28/cwt350.00–358.001,5139
SteersMedium and Large 1287397.05/cwt390.00–420.001,1404
SteersMedium and Large 3416344.84/cwt330.00–355.001,4359
SteersMedium and Large 3390363.00/cwt363.00–363.001,4161
HeifersMedium and Large 2275328.00/cwt328.00–328.009021
SteersMedium and Large 2315375.00/cwt375.00–375.001,1811
SteersMedium and Large 2355375.00/cwt375.00–375.001,3311
SteersMedium and Large 1535316.00/cwt315.00–320.001,6915
SteersMedium and Large 1915285.00/cwt285.00–285.002,6081
SteersMedium and Large 1440375.00/cwt370.00–380.001,6502
SteersMedium and Large 1385393.00/cwt393.00–393.001,5131
SteersMedium and Large 2205338.00/cwt293.00–383.006932
SteersMedium and Large 3337361.88/cwt355.00–363.001,22010
SteersMedium and Large 2528297.51/cwt295.00–300.001,5714
SteersMedium and Large 2463357.58/cwt353.00–360.001,6566
SteersMedium and Large 1-2613282.80/cwt281.00–286.001,73419
SteersMedium and Large 2561297.32/cwt293.00–300.001,6688
BullsMedium and Large 1473341.56/cwt338.00–345.001,6162
BullsMedium and Large 2425330.00/cwt330.00–330.001,4031
BullsMedium and Large 2505319.00/cwt319.00–319.001,6111
BullsMedium and Large 2490320.00/cwt320.00–320.001,5681
BullsMedium and Large 2603256.00/cwt256.00–256.001,5446
BullsMedium and Large 3473322.87/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
Bulls1,903133.36/cwt130.50–135.002,5383
Bulls1,655125.95/cwt123.00–129.002,0842
Cow-Calf PairsMedium and Large 11,3051,700.00/head1,700.00–1,700.001,7002
Cow-Calf PairsMedium and Large 11,1921,821.54/head1,650.00–2,000.001,8226
Bred CowsMedium and Large 28621,113.93/head1,100.00–1,120.001,1143
Bred CowsMedium and Large 11,1781,356.43/head1,310.00–1,400.001,3562
Bred CowsMedium and Large 11,1951,350.00/head1,350.00–1,350.001,3501
Cow-Calf PairsMedium and Large 29701,550.00/head1,550.00–1,550.001,5502
HeifersMedium and Large 2225336.74/cwt330.00–345.007583
HeifersMedium and Large 3368282.67/cwt280.00–285.001,0403
BullsMedium and Large 2730245.00/cwt245.00–245.001,7891
BullsMedium and Large 2695245.00/cwt245.00–245.001,7031
BullsMedium and Large 1575295.00/cwt295.00–295.001,6961
BullsMedium and Large 1610278.00/cwt278.00–278.001,6961
HeifersMedium and Large 2520238.00/cwt238.00–238.001,2381
HeifersMedium and Large 3530234.03/cwt233.00–235.001,2402
HeifersMedium and Large 1-2337328.71/cwt323.00–330.001,10844
HeifersMedium and Large 1-2513302.48/cwt300.00–305.001,55216
BullsMedium and Large 1430343.00/cwt343.00–343.001,4751
BullsMedium and Large 1520296.03/cwt290.00–300.001,5393
HeifersMedium and Large 2580245.00/cwt245.00–245.001,4211
HeifersMedium and Large 1505255.00/cwt250.00–260.001,2882
HeifersMedium and Large 1460285.50/cwt283.00–288.001,3132
HeifersMedium and Large 1638229.01/cwt227.00–230.001,4613
HeifersMedium and Large 3750185.00/cwt185.00–185.001,3881
HeifersMedium and Large 1310330.00/cwt330.00–330.001,0231
HeifersMedium and Large 2417273.65/cwt270.00–278.001,1413
HeifersMedium and Large 1435286.70/cwt285.00–290.001,2473
HeifersMedium and Large 1233352.74/cwt345.00–360.008222
HeifersMedium and Large 1-2596240.00/cwt240.00–240.001,43014
HeifersMedium and Large 1655220.00/cwt220.00–220.001,4411
HeifersMedium and Large 2630220.00/cwt220.00–220.001,3861
SteersMedium and Large 1663259.03/cwt255.00–263.001,7176
HeifersMedium and Large 2470267.67/cwt265.00–270.001,2583
HeifersMedium and Large 3480255.00/cwt255.00–255.001,2241
HeifersMedium and Large 1-2496300.00/cwt300.00–300.001,4884
HeifersMedium and Large 2795200.00/cwt200.00–200.001,5901
HeifersMedium and Large 2385296.46/cwt295.00–298.001,1412
SteersMedium and Large 1210419.00/cwt419.00–419.008801
HeifersMedium and Large 3344301.03/cwt280.00–310.001,03622
HeifersMedium and Large 3445260.00/cwt260.00–260.001,1571
HeifersMedium and Large 3280310.00/cwt310.00–310.008681
HeifersMedium and Large 2316308.22/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.