Name: Meridian Livestock Auction livestock auction prices — 2024-03-04
Creator: RaisedBeef
Published: 2024-03-04

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were a little higher than last week. Slaughter cattle were steady.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $273.85/cwt on 7 head. That ranks 1 of 19 comparable sales and sits −170.04 against this barn's trailing median of $443.89.

Average price

$273.85

7 head · 540 lb average

Value per head Derived

$1,480

Price × average weight ÷ 100

Grade differential Derived

$203

per head · Medium and Large 1 over Medium and Large 3

$53.94/cwt at this weight

vs the market

−12.35

vs MS average

−39.15 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	523	307.95	1,611	2thin
Medium and Large 2	520	285.00	1,482	1thin
Medium and Large 3	554	254.01	1,407	4thin

One grade step is worth $53.94/cwt here — about $203 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

19 sales

Steers 500–600 lb: high $480.61, low $370.48, median $443.89 across 19 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only

This sale7 hd

273.85

—

MS average7 barns · 125 hd

286.19

−12.35

National average178 barns · 13,961 hd

313.00

−39.15

This barn, trailing median19 sales

443.89

−170.04

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,538	132.30	2,035	5thin
Cows	Boner 80-85%	Low	1,193	113.46	1,354	4thin
Cows	Lean 85-90%	Very Low	962	89.96	865	3thin

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,138	$1,502	2thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	885	$1,425	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	913	$1,275	3thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,215	$1,975	2thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,230	$1,900	2thin

Every lot, as filed

52 lots · USDA AMS · Meridian Stockyard - Meridian, MS

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Heifers	Medium and Large 2	400–450	445	255.00/cwt	255.00–255.00	1,135	1
Steers	Medium and Large 2	650–700	675	260.48/cwt	260.00–262.00	1,758	4
Heifers	Medium and Large 2	250–300	260	308.00/cwt	308.00–308.00	801	1
Heifers	Medium and Large 1	650–700	675	236.00/cwt	236.00–236.00	1,593	1
Steers	Medium and Large 1	600–650	602	275.63/cwt	275.00–280.00	1,659	8
Steers	Medium and Large 1	350–400	371	348.64/cwt	345.00–355.00	1,293	4
Heifers	Medium and Large 2	700–750	712	211.00/cwt	211.00–211.00	1,502	2
Heifers	Medium and Large 2	450–500	473	255.78/cwt	250.00–262.00	1,210	2
Steers	Medium and Large 2	500–550	520	285.00/cwt	285.00–285.00	1,482	1
Cow-Calf Pairs	Medium and Large 1	—	1,230	1,900.00/head	1,900.00–1,900.00	1,900	2
Heifers	Medium and Large 1	450–500	473	270.00/cwt	270.00–270.00	1,277	2
Heifers	Medium and Large 1	300–350	305	317.50/cwt	315.00–320.00	968	2
Steers	Medium and Large 2	350–400	365	320.00/cwt	320.00–320.00	1,168	1
Bulls	Medium and Large 2	500–550	535	260.00/cwt	260.00–260.00	1,391	1
Heifers	Medium and Large 1	250–300	280	318.95/cwt	318.00–320.00	893	2
Bred Cows	Medium and Large 1	—	1,138	1,501.93/head	1,460.00–1,550.00	1,502	2
Steers	Medium and Large 1	500–550	523	307.95/cwt	298.00–318.00	1,611	2
Steers	Medium and Large 1	400–450	423	335.57/cwt	333.00–338.00	1,419	2
Cow-Calf Pairs	Medium and Large 1	—	1,215	1,975.00/head	1,975.00–1,975.00	1,975	2
Bulls	Medium and Large 1	400–450	405	310.00/cwt	310.00–310.00	1,256	1
Bulls	—	—	1,515	134.22/cwt	132.00–136.50	2,033	2
Bulls	—	—	1,348	126.53/cwt	125.00–128.00	1,706	2
Cows	Lean 85-90%	—	885	75.00/cwt	75.00–75.00	664	1
Cows	Lean 85-90%	—	1,000	97.44/cwt	95.00–100.00	974	2
Cows	Boner 80-85%	—	1,273	108.06/cwt	107.00–109.00	1,376	2
Cows	Boner 80-85%	—	1,113	118.85/cwt	117.50–120.00	1,323	2
Bred Cows	Medium and Large 1	—	885	1,425.00/head	1,425.00–1,425.00	1,425	1
Bulls	Medium and Large 1	650–700	655	235.00/cwt	235.00–235.00	1,539	1
Bulls	Medium and Large 1	600–650	635	235.00/cwt	235.00–235.00	1,492	1
Bulls	Medium and Large 1	500–550	510	290.00/cwt	290.00–290.00	1,479	1
Bulls	Medium and Large 1	450–500	450	305.00/cwt	305.00–305.00	1,373	1
Bulls	—	—	1,965	140.00/cwt	140.00–140.00	2,751	1
Bred Cows	Medium and Large 2	—	913	1,274.64/head	1,250.00–1,300.00	1,275	3
Steers	Medium and Large 3	650–700	670	225.00/cwt	225.00–225.00	1,508	1
Steers	Medium and Large 3	400–450	430	300.00/cwt	300.00–300.00	1,290	1
Steers	Medium and Large 2	300–350	303	332.52/cwt	330.00–335.00	1,008	2
Heifers	Medium and Large 3	300–350	325	278.75/cwt	275.00–283.00	906	2
Heifers	Medium and Large 1	500–550	519	252.51/cwt	250.00–253.00	1,311	6
Steers	Medium and Large 2	400–450	413	322.63/cwt	318.00–325.00	1,332	3
Bulls	Medium and Large 2	450–500	460	285.22/cwt	280.00–288.00	1,312	3
Bulls	Medium and Large 3	700–750	735	205.00/cwt	205.00–205.00	1,507	1
Bulls	Medium and Large 3	750–800	750	193.00/cwt	193.00–193.00	1,448	1
Steers	Medium and Large 3	550–600	590	248.00/cwt	248.00–248.00	1,463	1
Steers	Medium and Large 2	750–800	760	225.00/cwt	225.00–225.00	1,710	1
Steers	Medium and Large 1	250–300	265	340.00/cwt	340.00–340.00	901	1
Steers	Medium and Large 2	700–750	710	225.00/cwt	225.00–225.00	1,598	1
Heifers	Medium and Large 3	350–400	375	277.05/cwt	273.00–280.00	1,039	3
Heifers	Medium and Large 3	500–550	525	223.00/cwt	223.00–223.00	1,171	1
Steers	Medium and Large 3	500–550	542	256.01/cwt	255.00–258.00	1,388	3
Heifers	Medium and Large 2	550–600	585	237.74/cwt	236.00–243.00	1,391	9
Heifers	Medium and Large 1	600–650	605	228.00/cwt	228.00–228.00	1,379	1
Steers	Medium and Large 2	450–500	475	311.41/cwt	308.00–315.00	1,479	4

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Mar 4, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 163Last week 349Year ago 165

Slaughter CattleReceipts 17Last week 27Year ago 21

Replacement CattleReceipts 50Last week 42Year ago 17

Good day, as compared to the last market feeder calves were a little higher than last week. Slaughter cattle were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	250–300	260	308.00	308.00
1	400–450	445	255.00	255.00
2	450–500	473	250.00–262.00	255.78
9	550–600	585	236.00–243.00	237.74
2	700–750	712	211.00	211.00
Heifers — Medium and Large 1$ per cwt · actual wt
2	250–300	280	318.00–320.00	318.95
2	300–350	305	315.00–320.00	317.50
2	450–500	473	270.00	270.00
6	500–550	519	250.00–253.00	252.51
1	600–650	605	228.00	228.00
1	650–700	675	236.00	236.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	300–350	325	275.00–283.00	278.75
3	350–400	375	273.00–280.00	277.05
1	500–550	525	223.00	223.00
Steers — Medium and Large 2$ per cwt · actual wt
2	300–350	303	330.00–335.00	332.52
1	350–400	365	320.00	320.00
3	400–450	413	318.00–325.00	322.63
4	450–500	475	308.00–315.00	311.41
1	500–550	520	285.00	285.00
4	650–700	675	260.00–262.00	260.48
1	700–750	710	225.00	225.00
1	750–800	760	225.00	225.00
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	265	340.00	340.00
4	350–400	371	345.00–355.00	348.64
2	400–450	423	333.00–338.00	335.57
2	500–550	523	298.00–318.00	307.95
8	600–650	602	275.00–280.00	275.63
Steers — Medium and Large 3$ per cwt · actual wt
1	400–450	430	300.00	300.00
3	500–550	542	255.00–258.00	256.01
1	550–600	590	248.00	248.00
1	650–700	670	225.00	225.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	450–500	460	280.00–288.00	285.22
1	500–550	535	260.00	260.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	405	310.00	310.00
1	450–500	450	305.00	305.00
1	500–550	510	290.00	290.00
1	600–650	635	235.00	235.00
1	650–700	655	235.00	235.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	700–750	735	205.00	205.00
1	750–800	750	193.00	193.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Aged (>8 yrs)	Open	2	—	1,230	1,900.00	1,900.00
Middle Aged (5-8 yrs)	Open	2	—	1,215	1,975.00	1,975.00
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,138	1,460.00–1,550.00	1,501.93
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	885	1,425.00	1,425.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	3	—	913	1,250.00–1,300.00	1,274.64

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,515	132.00–136.50	134.22
2	—	1,348	125.00–128.00	126.53
1	—	1,965	140.00	140.00
Cows — Lean 85-90%$ per cwt · actual wt
1	—	885	75.00	75.00
2	—	1,000	95.00–100.00	97.44
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,273	107.00–109.00	108.06
2	—	1,113	117.50–120.00	118.85

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Meridian Livestock Auction

Reporter comment USDA

Steers · summary 500–600 lb

What quality paid 500–600 lb

This barn's trailing prices 500–600 lb

How it compared 500–600 lb

Slaughter cattle

Replacement cattle Per head

Every lot, as filed

How this sale compares

Meridian Stockyard - Meridian, MS

Feeder Cattle

Replacement Cattle

Slaughter Cattle