Name: Meridian Livestock Auction livestock auction prices — 2024-03-11
Creator: RaisedBeef
Published: 2024-03-11

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady, and slaughter cattle were steady as well.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $252.87/cwt on 58 head. That ranks 1 of 16 comparable sales and sits −145.71 against this barn's trailing median of $398.57.

Average price

$252.87

58 head · 542 lb average

Value per head Derived

$1,370

Price × average weight ÷ 100

Grade differential Derived

$58

per head · Medium and Large 1-2 over Medium and Large 3

$28.76/cwt at this weight

vs the market

+5.12

vs MS average

−23.30 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	541	253.76	1,374	53
Medium and Large 1	537	250.66	1,346	3thin
Medium and Large 2	535	240.00	1,284	1thin
Medium and Large 3	585	225.00	1,316	1thin

One grade step is worth $28.76/cwt here — about $58 a head. Across this sale the premium is widest at 300–400 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

16 sales

Heifers 500–600 lb: high $437.52, low $354.26, median $398.57 across 16 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 sale58 hd

252.87

—

MS average13 barns · 267 hd

247.75

+5.12

National average176 barns · 16,729 hd

276.17

−23.30

This barn, trailing median16 sales

398.57

−145.71

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	—	Low	1,412	133.07	1,879	7thin
Cows	Boner 80-85%	Average	1,163	118.25	1,375	9thin
Cows	Lean 85-90%	Average	983	87.50	860	2thin

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	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	925	$1,250	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	785	$900	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	735	$875	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,110	$1,400	2thin

Every lot, as filed

62 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 1	1000–1050	1,000	200.00/cwt	200.00–200.00	2,000	1
Heifers	Medium and Large 1	300–350	310	330.00/cwt	330.00–330.00	1,023	1
Steers	Medium and Large 1	600–650	610	290.00/cwt	290.00–290.00	1,769	1
Steers	Medium and Large 2	250–300	290	360.00/cwt	360.00–360.00	1,044	1
Steers	Medium and Large 2	450–500	475	341.53/cwt	339.00–344.00	1,622	2
Steers	Medium and Large 1	350–400	363	369.40/cwt	365.00–375.00	1,341	3
Steers	Medium and Large 1	400–450	428	361.31/cwt	358.00–370.00	1,546	6
Heifers	Medium and Large 1	400–450	441	277.60/cwt	276.00–284.00	1,224	11
Heifers	Medium and Large 1	450–500	460	276.00/cwt	276.00–276.00	1,270	4
Steers	Medium and Large 1-2	500–550	502	344.00/cwt	344.00–344.00	1,727	3
Bulls	Medium and Large 2	500–550	540	270.00/cwt	270.00–270.00	1,458	1
Steers	Medium and Large 1	200–250	230	376.27/cwt	373.00–380.00	865	2
Heifers	Medium and Large 1	750–800	762	219.00/cwt	219.00–219.00	1,669	2
Heifers	Medium and Large 1	500–550	518	252.49/cwt	250.00–255.00	1,308	2
Bulls	Medium and Large 1	450–500	473	308.23/cwt	300.00–313.00	1,458	4
Steers	Medium and Large 1	500–550	500	333.00/cwt	333.00–333.00	1,665	1
Heifers	Medium and Large 2	500–550	535	240.00/cwt	240.00–240.00	1,284	1
Heifers	Medium and Large 1	550–600	575	247.00/cwt	247.00–247.00	1,420	1
Bred Cows	Medium and Large 1	—	925	1,250.00/head	1,250.00–1,250.00	1,250	1
Bulls	Medium and Large 1	550–600	555	292.98/cwt	288.00–298.00	1,626	3
Bulls	Medium and Large 1	500–550	533	295.49/cwt	295.00–296.00	1,575	2
Heifers	Medium and Large 1	250–300	278	302.84/cwt	295.00–310.00	842	2
Heifers	Medium and Large 1-2	550–600	573	252.00/cwt	252.00–252.00	1,444	28
Bulls	Small 1	500–550	520	300.00/cwt	300.00–300.00	1,560	1
Steers	Medium and Large 1	550–600	562	318.95/cwt	315.00–321.00	1,792	3
Cows	Boner 80-85%	—	1,213	124.14/cwt	121.00–126.00	1,506	4
Cows	Boner 80-85%	—	1,123	113.53/cwt	110.00–117.00	1,275	5
Bulls	—	—	1,025	119.50/cwt	119.50–119.50	1,225	1
Bulls	—	—	1,118	125.29/cwt	124.50–126.00	1,401	2
Cows	Lean 85-90%	—	1,190	105.00/cwt	105.00–105.00	1,250	1
Cows	Lean 85-90%	—	775	70.00/cwt	70.00–70.00	543	1
Bulls	Medium and Large 1	400–450	430	305.00/cwt	305.00–305.00	1,312	1
Heifers	Medium and Large 1	650–700	650	229.00/cwt	229.00–229.00	1,489	1
Bulls	Medium and Large 1	700–750	715	240.00/cwt	240.00–240.00	1,716	1
Bulls	Medium and Large 1	650–700	665	250.00/cwt	250.00–250.00	1,663	1
Bulls	—	—	1,438	138.48/cwt	138.00–139.00	1,991	2
Bulls	—	—	1,873	142.23/cwt	141.00–143.50	2,664	2
Heifers	Medium and Large 3	300–350	345	285.00/cwt	285.00–285.00	983	1
Bulls	Medium and Large 2	550–600	555	278.00/cwt	278.00–278.00	1,543	1
Bulls	Medium and Large 2	450–500	485	290.00/cwt	290.00–290.00	1,407	1
Heifers	Medium and Large 3	550–600	585	225.00/cwt	225.00–225.00	1,316	1
Steers	Medium and Large 1	800–850	816	222.00/cwt	222.00–222.00	1,812	2
Bulls	Medium and Large 1	600–650	605	258.00/cwt	258.00–258.00	1,561	1
Steers	Medium and Large 2	350–400	365	360.14/cwt	350.00–370.00	1,315	2
Steers	Medium and Large 2	500–550	505	300.00/cwt	300.00–300.00	1,515	1
Bred Cows	Medium and Large 2	—	785	900.00/head	900.00–900.00	900	1
Bred Cows	Medium and Large 2	—	735	875.00/head	875.00–875.00	875	1
Heifers	Medium and Large 3	350–400	383	280.50/cwt	280.00–281.00	1,074	2
Steers	Medium and Large 3	250–300	265	345.00/cwt	345.00–345.00	914	1
Bulls	Medium and Large 2	600–650	640	230.00/cwt	230.00–230.00	1,472	1
Steers	Medium and Large 2	400–450	415	325.00/cwt	325.00–325.00	1,349	1
Heifers	Medium and Large 2	450–500	480	269.70/cwt	263.00–273.00	1,295	14
Heifers	Medium and Large 2	300–350	315	295.08/cwt	290.00–300.00	930	2
Bulls	Medium and Large 2	400–450	440	280.00/cwt	280.00–280.00	1,232	1
Heifers	Medium and Large 3	450–500	480	257.00/cwt	257.00–257.00	1,234	2
Heifers	Medium and Large 2	400–450	435	264.00/cwt	264.00–264.00	1,148	1
Heifers	Medium and Large 1-2	600–650	647	245.00/cwt	245.00–245.00	1,585	4
Heifers	Medium and Large 1-2	650–700	684	235.00/cwt	235.00–235.00	1,607	73
Heifers	Medium and Large 1-2	500–550	506	255.73/cwt	253.00–266.00	1,294	25
Cow-Calf Pairs	Medium and Large 2	—	1,110	1,400.00/head	1,400.00–1,400.00	1,400	2
Steers	Medium and Large 3	300–350	315	340.00/cwt	340.00–340.00	1,071	1
Steers	Medium and Large 1-2	650–700	672	268.71/cwt	264.00–276.00	1,806	5

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 11, 2024

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

Feeder CattleReceipts 302Last week 163Year ago 145

Slaughter CattleReceipts 24Last week 17Year ago 22

Replacement CattleReceipts 12Last week 50Year ago 23

Good day, as compared to the last market feeder calves were steady, and slaughter cattle were steady as well.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	250–300	278	295.00–310.00	302.84
1	300–350	310	330.00	330.00
11	400–450	441	276.00–284.00	277.60
4	450–500	460	276.00	276.00
2	500–550	518	250.00–255.00	252.49
1	550–600	575	247.00	247.00
1	650–700	650	229.00	229.00
2	750–800	762	219.00	219.00
1	1000–1050	1,000	200.00	200.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	315	290.00–300.00	295.08
1	400–450	435	264.00	264.00
14	450–500	480	263.00–273.00	269.70
1	500–550	535	240.00	240.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
25	500–550	506	253.00–266.00	255.73
28	550–600	573	252.00	252.00
4	600–650	647	245.00	245.00
73	650–700	684	235.00	235.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	300–350	345	285.00	285.00
2	350–400	383	280.00–281.00	280.50
2	450–500	480	257.00	257.00
1	550–600	585	225.00	225.00
Steers — Medium and Large 1$ per cwt · actual wt
2	200–250	230	373.00–380.00	376.27
3	350–400	363	365.00–375.00	369.40
6	400–450	428	358.00–370.00	361.31
1	500–550	500	333.00	333.00
3	550–600	562	315.00–321.00	318.95
1	600–650	610	290.00	290.00
2	800–850	816	222.00	222.00
Steers — Medium and Large 2$ per cwt · actual wt
1	250–300	290	360.00	360.00
2	350–400	365	350.00–370.00	360.14
1	400–450	415	325.00	325.00
2	450–500	475	339.00–344.00	341.53
1	500–550	505	300.00	300.00
Steers — Medium and Large 1-2$ per cwt · actual wt
3	500–550	502	344.00	344.00
5	650–700	672	264.00–276.00	268.71
Steers — Medium and Large 3$ per cwt · actual wt
1	250–300	265	345.00	345.00
1	300–350	315	340.00	340.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	440	280.00	280.00
1	450–500	485	290.00	290.00
1	500–550	540	270.00	270.00
1	550–600	555	278.00	278.00
1	600–650	640	230.00	230.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	430	305.00	305.00
4	450–500	473	300.00–313.00	308.23
2	500–550	533	295.00–296.00	295.49
3	550–600	555	288.00–298.00	292.98
1	600–650	605	258.00	258.00
1	650–700	665	250.00	250.00
1	700–750	715	240.00	240.00
Bulls — Small 1$ per cwt · actual wt
1	500–550	520	300.00	300.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	925	1,250.00	1,250.00
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	785	900.00	900.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	735	875.00	875.00
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,110	1,400.00	1,400.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,213	121.00–126.00	124.14
5	—	1,123	110.00–117.00	113.53
Cows — Lean 85-90%$ per cwt · actual wt
1	—	1,190	105.00	105.00
1	—	775	70.00	70.00
Bulls$ per cwt · actual wt
1	—	1,025	119.50	119.50
2	—	1,118	124.50–126.00	125.29
2	—	1,438	138.00–139.00	138.48
2	—	1,873	141.00–143.50	142.23

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

Heifers · 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