Name: Meridian Livestock Auction livestock auction prices — 2024-03-18
Creator: RaisedBeef
Published: 2024-03-18

Reporter comment USDA

As filed

Good day, had a very lite run of cattle today, but the market was strong on calves and slaughter cattle that were sold.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $264.93/cwt on 2 head. That ranks 1 of 15 comparable sales and sits −136.41 against this barn's trailing median of $401.34.

Average price

$264.93

2 head · 518 lb average

Value per head Derived

$1,372

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

+9.02

vs MS average

−12.29 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	518	264.93	1,372	2thin

Only one grade was reported at this weight, so there is no spread to compute.

This barn's trailing prices 500–600 lb

15 sales

Heifers 500–600 lb: high $437.52, low $354.26, median $401.34 across 15 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 sale2 hd

264.93

—

MS average13 barns · 210 hd

255.91

+9.02

National average179 barns · 15,589 hd

277.22

−12.29

This barn, trailing median15 sales

401.34

−136.41

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	1,738	147.76	2,568	6thin
Cows	Boner 80-85%	Average	1,207	126.02	1,521	6thin
Cows	Lean 85-90%	Average	1,033	98.64	1,019	6thin

Every lot, as filed

31 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
Cows	Boner 80-85%	—	1,202	123.82/cwt	120.00–126.50	1,488	5
Cows	Lean 85-90%	—	1,125	111.68/cwt	110.00–114.00	1,256	4
Bulls	—	—	1,645	144.80/cwt	143.00–147.00	2,382	4
Bulls	—	—	1,923	153.69/cwt	152.50–155.00	2,955	2
Cows	Lean 85-90%	—	848	72.55/cwt	71.00–74.00	615	2
Cows	Boner 80-85%	—	1,230	137.00/cwt	137.00–137.00	1,685	1
Bulls	Medium and Large 2	400–450	410	301.00/cwt	301.00–301.00	1,234	1
Steers	Medium and Large 2	300–350	328	324.12/cwt	282.00–371.00	1,063	2
Heifers	Medium and Large 1	250–300	275	302.00/cwt	302.00–302.00	831	1
Heifers	Medium and Large 2	450–500	495	273.00/cwt	273.00–273.00	1,351	1
Steers	Medium and Large 1	250–300	280	400.00/cwt	400.00–400.00	1,120	1
Heifers	Medium and Large 1	400–450	425	293.00/cwt	293.00–293.00	1,245	1
Heifers	Medium and Large 1	1050–1100	1,050	190.00/cwt	190.00–190.00	1,995	1
Steers	Medium and Large 3	350–400	380	330.00/cwt	330.00–330.00	1,254	1
Bulls	Medium and Large 2	450–500	495	300.00/cwt	300.00–300.00	1,485	1
Steers	Medium and Large 3	250–300	285	360.00/cwt	360.00–360.00	1,026	1
Steers	Medium and Large 2	350–400	385	380.00/cwt	380.00–380.00	1,463	1
Heifers	Medium and Large 2	850–900	875	183.00/cwt	183.00–183.00	1,601	1
Steers	Medium and Large 2	400–450	430	300.00/cwt	300.00–300.00	1,290	1
Heifers	Medium and Large 3	250–300	255	291.00/cwt	291.00–291.00	742	1
Heifers	Medium and Large 2	400–450	415	280.00/cwt	280.00–280.00	1,162	1
Steers	Medium and Large 3	300–350	303	348.99/cwt	348.00–350.00	1,057	2
Bulls	Medium and Large 3	450–500	495	285.00/cwt	285.00–285.00	1,411	1
Heifers	Medium and Large 3	200–250	230	288.00/cwt	288.00–288.00	662	1
Heifers	Medium and Large 3	350–400	378	279.78/cwt	270.00–285.00	1,058	4
Heifers	Medium and Large 1	500–550	518	264.93/cwt	260.00–270.00	1,372	2
Steers	Medium and Large 2	450–500	495	311.00/cwt	311.00–311.00	1,539	1
Bulls	Medium and Large 1	500–550	513	300.45/cwt	290.00–311.00	1,541	2
Steers	Medium and Large 1	500–550	500	311.00/cwt	311.00–311.00	1,555	1
Steers	Medium and Large 1	350–400	378	391.55/cwt	390.00–393.00	1,480	2
Heifers	Medium and Large 1	350–400	368	305.01/cwt	304.00–306.00	1,122	2

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 18, 2024

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

Feeder CattleReceipts 52Last week 302Year ago 356

Slaughter CattleReceipts 28Last week 24Year ago 40

Good day, had a very lite run of cattle today, but the market was strong on calves and slaughter cattle that were sold.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,202	120.00–126.50	123.82
1	—	1,230	137.00	137.00
Cows — Lean 85-90%$ per cwt · actual wt
4	—	1,125	110.00–114.00	111.68
2	—	848	71.00–74.00	72.55
Bulls$ per cwt · actual wt
4	—	1,645	143.00–147.00	144.80
2	—	1,923	152.50–155.00	153.69

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	410	301.00	301.00
1	450–500	495	300.00	300.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	450–500	495	285.00	285.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	500–550	513	290.00–311.00	300.45
Steers — Medium and Large 2$ per cwt · actual wt
2	300–350	328	282.00–371.00	324.12
1	350–400	385	380.00	380.00
1	400–450	430	300.00	300.00
1	450–500	495	311.00	311.00
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	280	400.00	400.00
2	350–400	378	390.00–393.00	391.55
1	500–550	500	311.00	311.00
Steers — Medium and Large 3$ per cwt · actual wt
1	250–300	285	360.00	360.00
2	300–350	303	348.00–350.00	348.99
1	350–400	380	330.00	330.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	250–300	275	302.00	302.00
2	350–400	368	304.00–306.00	305.01
1	400–450	425	293.00	293.00
2	500–550	518	260.00–270.00	264.93
1	1050–1100	1,050	190.00	190.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	400–450	415	280.00	280.00
1	450–500	495	273.00	273.00
1	850–900	875	183.00	183.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	200–250	230	288.00	288.00
1	250–300	255	291.00	291.00
4	350–400	378	270.00–285.00	279.78

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