Name: Meridian Livestock Auction livestock auction prices — 2024-03-25
Creator: RaisedBeef
Published: 2024-03-25

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. But had some very nice weaned calves that brought it all. Slaughter cows and bulls 3-5 higher.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $306.12/cwt on 85 head. That ranks 1 of 20 comparable sales and sits −137.75 against this barn's trailing median of $443.87.

Average price

$306.12

85 head · 549 lb average

Value per head Derived

$1,681

Price × average weight ÷ 100

Grade differential Derived

$111

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

$59.25/cwt at this weight

vs the market

+6.14

vs MS average

−4.14 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	501	329.25	1,650	27
Medium and Large 1	571	295.90	1,690	56
Medium and Large 2	590	290.00	1,711	1thin
Medium and Large 3	570	270.00	1,539	1thin

One grade step is worth $59.25/cwt here — about $111 a head. Across this sale the premium is widest at 200–300 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

20 sales

Steers 500–600 lb: high $480.61, low $370.48, median $443.87 across 20 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 sale85 hd

306.12

—

MS average13 barns · 325 hd

299.99

+6.14

National average156 barns · 8,291 hd

310.26

−4.14

This barn, trailing median20 sales

443.87

−137.75

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	1,581	145.61	2,302	5thin
Cows	Boner 80-85%	Average	1,182	135.93	1,607	3thin
Cows	Lean 85-90%	Average	940	107.43	1,010	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	1st Stage (1-3 mo)	Young (2-4 yrs)	1,000	$1,650	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,285	$1,470	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	940	$1,475	2thin

Every lot, as filed

61 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
Steers	Medium and Large 1	200–250	220	380.00/cwt	380.00–380.00	836	1
Steers	Medium and Large 2	600–650	605	242.00/cwt	242.00–242.00	1,464	1
Steers	Medium and Large 1	550–600	574	295.67/cwt	295.00–296.00	1,697	53
Steers	Medium and Large 1	400–450	434	335.41/cwt	325.00–343.00	1,456	8
Bulls	Medium and Large 2	550–600	570	254.87/cwt	250.00–260.00	1,453	2
Steers	Medium and Large 1	300–350	305	375.00/cwt	375.00–375.00	1,144	1
Heifers	Medium and Large 1	600–650	639	243.73/cwt	242.00–244.00	1,557	7
Steers	Medium and Large 1-2	500–550	501	329.25/cwt	325.00–330.00	1,650	27
Heifers	Medium and Large 1	850–900	867	190.00/cwt	190.00–190.00	1,647	2
Heifers	Medium and Large 1	700–750	720	237.00/cwt	237.00–237.00	1,706	1
Steers	Medium and Large 1-2	700–750	733	245.00/cwt	245.00–245.00	1,796	11
Heifers	Medium and Large 1	650–700	654	239.00/cwt	239.00–239.00	1,563	14
Heifers	Medium and Large 1	300–350	304	312.79/cwt	310.00–320.00	951	8
Heifers	Medium and Large 1	800–850	835	195.00/cwt	195.00–195.00	1,628	2
Heifers	Medium and Large 1	400–450	405	290.00/cwt	290.00–290.00	1,175	1
Heifers	Medium and Large 1	250–300	250	325.00/cwt	325.00–325.00	813	1
Steers	Medium and Large 1	350–400	355	368.00/cwt	368.00–368.00	1,306	1
Heifers	Medium and Large 1	450–500	477	286.08/cwt	280.00–289.00	1,365	30
Bred Cows	Medium and Large 1	—	1,000	1,650.00/head	1,650.00–1,650.00	1,650	1
Steers	Medium and Large 1	500–550	518	300.02/cwt	298.00–303.00	1,554	3
Steers	Medium and Large 1	700–750	740	239.00/cwt	239.00–239.00	1,769	1
Steers	Medium and Large 1	250–300	270	375.00/cwt	375.00–375.00	1,013	1
Steers	Medium and Large 1	600–650	617	255.61/cwt	250.00–263.00	1,577	3
Heifers	Medium and Large 1	200–250	220	315.00/cwt	315.00–315.00	693	1
Bulls	Medium and Large 1	650–700	665	233.00/cwt	233.00–233.00	1,549	1
Cows	Boner 80-85%	—	1,182	135.93/cwt	135.00–137.00	1,607	3
Bulls	—	—	1,880	158.33/cwt	158.00–159.00	2,977	3
Bulls	—	—	1,133	126.52/cwt	119.00–134.00	1,433	2
Cows	Lean 85-90%	—	953	110.64/cwt	105.00–115.00	1,054	2
Cows	Lean 85-90%	—	915	101.00/cwt	101.00–101.00	924	1
Bulls	Medium and Large 3	500–550	515	234.00/cwt	234.00–234.00	1,205	1
Bulls	Medium and Large 1	500–550	529	282.44/cwt	280.00–285.00	1,494	2
Bulls	Medium and Large 1	400–450	418	302.51/cwt	300.00–305.00	1,264	2
Bulls	Medium and Large 1	700–750	705	238.00/cwt	238.00–238.00	1,678	1
Heifers	Medium and Large 1	500–550	520	253.92/cwt	250.00–258.00	1,320	2
Bred Cows	Medium and Large 1	—	1,285	1,470.00/head	1,470.00–1,470.00	1,470	1
Steers	Medium and Large 2	350–400	365	358.68/cwt	343.00–366.00	1,309	6
Steers	Medium and Large 2	450–500	453	315.98/cwt	312.00–320.00	1,431	2
Bulls	Medium and Large 3	700–750	710	205.00/cwt	205.00–205.00	1,456	1
Heifers	Medium and Large 2	650–700	690	231.00/cwt	231.00–231.00	1,594	2
Heifers	Medium and Large 2	600–650	630	235.74/cwt	235.00–236.00	1,485	4
Steers	Medium and Large 3	550–600	570	270.00/cwt	270.00–270.00	1,539	1
Heifers	Medium and Large 2	400–450	405	268.50/cwt	265.00–273.00	1,087	4
Heifers	Medium and Large 2	550–600	550	236.00/cwt	236.00–236.00	1,298	1
Steers	Medium and Large 3	250–300	275	310.00/cwt	310.00–310.00	853	1
Steers	Medium and Large 2	550–600	590	290.00/cwt	290.00–290.00	1,711	1
Heifers	Medium and Large 2	450–500	480	272.36/cwt	268.00–273.00	1,307	8
Heifers	Medium and Large 2	750–800	760	215.00/cwt	215.00–215.00	1,634	7
Steers	Medium and Large 2	300–350	315	355.00/cwt	355.00–355.00	1,118	1
Steers	Medium and Large 2	250–300	290	370.00/cwt	370.00–370.00	1,073	1
Heifers	Medium and Large 2	300–350	305	298.00/cwt	298.00–298.00	909	1
Steers	Medium and Large 2	400–450	445	307.00/cwt	307.00–307.00	1,366	1
Steers	Medium and Large 2	200–250	245	360.00/cwt	360.00–360.00	882	1
Heifers	Medium and Large 2	700–750	705	223.00/cwt	223.00–223.00	1,572	2
Heifers	Medium and Large 1-2	550–600	551	267.00/cwt	267.00–267.00	1,471	15
Heifers	Medium and Large 1-2	600–650	604	257.00/cwt	257.00–257.00	1,552	18
Heifers	Medium and Large 2	350–400	370	293.00/cwt	293.00–293.00	1,084	1
Heifers	Medium and Large 1-2	500–550	532	263.00/cwt	263.00–263.00	1,399	2
Steers	Medium and Large 1-2	750–800	758	244.00/cwt	244.00–244.00	1,850	12
Cow-Calf Pairs	Medium and Large 2	—	940	1,475.00/head	1,475.00–1,475.00	1,475	2
Steers	Medium and Large 1-2	800–850	800	240.00/cwt	240.00–240.00	1,920	7

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 25, 2024

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

Feeder CattleReceipts 340Last week 52Year ago 278

Slaughter CattleReceipts 14Last week 28Year ago 32

Replacement CattleReceipts 13Last week 0Year ago 32

Good day, as compared to the last market feeder calves were steady. But had some very nice weaned calves that brought it all. Slaughter cows and bulls 3-5 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	200–250	220	380.00	380.00
1	250–300	270	375.00	375.00
1	300–350	305	375.00	375.00
1	350–400	355	368.00	368.00
8	400–450	434	325.00–343.00	335.41
3	500–550	518	298.00–303.00	300.02
53	550–600	574	295.00–296.00	295.67
3	600–650	617	250.00–263.00	255.61
1	700–750	740	239.00	239.00
Steers — Medium and Large 2$ per cwt · actual wt
1	200–250	245	360.00	360.00
1	250–300	290	370.00	370.00
1	300–350	315	355.00	355.00
6	350–400	365	343.00–366.00	358.68
1	400–450	445	307.00	307.00
2	450–500	453	312.00–320.00	315.98
1	550–600	590	290.00	290.00
1	600–650	605	242.00	242.00
Steers — Medium and Large 1-2$ per cwt · actual wt
27	500–550	501	325.00–330.00	329.25
11	700–750	733	245.00	245.00
12	750–800	758	244.00	244.00
7	800–850	800	240.00	240.00
Steers — Medium and Large 3$ per cwt · actual wt
1	250–300	275	310.00	310.00
1	550–600	570	270.00	270.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	550–600	570	250.00–260.00	254.87
Bulls — Medium and Large 1$ per cwt · actual wt
2	400–450	418	300.00–305.00	302.51
2	500–550	529	280.00–285.00	282.44
1	650–700	665	233.00	233.00
1	700–750	705	238.00	238.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	500–550	515	234.00	234.00
1	700–750	710	205.00	205.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	200–250	220	315.00	315.00
1	250–300	250	325.00	325.00
8	300–350	304	310.00–320.00	312.79
1	400–450	405	290.00	290.00
30	450–500	477	280.00–289.00	286.08
2	500–550	520	250.00–258.00	253.92
7	600–650	639	242.00–244.00	243.73
14	650–700	654	239.00	239.00
1	700–750	720	237.00	237.00
2	800–850	835	195.00	195.00
2	850–900	867	190.00	190.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	305	298.00	298.00
1	350–400	370	293.00	293.00
4	400–450	405	265.00–273.00	268.50
8	450–500	480	268.00–273.00	272.36
1	550–600	550	236.00	236.00
4	600–650	630	235.00–236.00	235.74
2	650–700	690	231.00	231.00
2	700–750	705	223.00	223.00
7	750–800	760	215.00	215.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
2	500–550	532	263.00	263.00
15	550–600	551	267.00	267.00
18	600–650	604	257.00	257.00

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
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,000	1,650.00	1,650.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,285	1,470.00	1,470.00
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	940	1,475.00	1,475.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,182	135.00–137.00	135.93
Cows — Lean 85-90%$ per cwt · actual wt
2	—	953	105.00–115.00	110.64
1	—	915	101.00	101.00
Bulls$ per cwt · actual wt
3	—	1,880	158.00–159.00	158.33
2	—	1,133	119.00–134.00	126.52

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