Name: Meridian Livestock Auction livestock auction prices — 2024-04-01
Creator: RaisedBeef
Published: 2024-04-01

Reporter comment USDA

As filed

Good day, as compared to the last market due to a lot of new crop calves and quality not equal, would call feeder calves steady. When I say new crop calves I mean soft not weaned and more likely to get sick rather than conditioned weaned calves is why they bring less. Slaughter cows and bulls were steady.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $256.24/cwt on 16 head. That ranks 1 of 15 comparable sales and sits −145.10 against this barn's trailing median of $401.34.

Average price

$256.24

16 head · 554 lb average

Value per head Derived

$1,418

Price × average weight ÷ 100

Grade differential Derived

−$33

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

$12.59/cwt at this weight

vs the market

+8.58

vs MS average

−14.35 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	546	258.60	1,411	13thin
Medium and Large 2	587	246.01	1,444	3thin

One grade step is worth $12.59/cwt here — about −$33 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

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 sale16 hd

256.24

—

MS average13 barns · 189 hd

247.66

+8.58

National average179 barns · 13,329 hd

270.59

−14.35

This barn, trailing median15 sales

401.34

−145.10

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	1,528	149.91	2,291	7thin
Cows	Boner 80-85%	Average	1,198	139.94	1,676	10
Cows	Lean 85-90%	Average	1,044	110.32	1,151	4thin

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)	Middle Aged (5-8 yrs)	1,073	$1,395	2thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,160	$1,390	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	870	$1,340	1thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	950	$1,300	1thin
Bred Heifers	1st Stage (1-3 mo)	(<2 yrs)	1,060	$1,550	1thin
Bred Heifers	2nd/3rd Stage (4-9 mo)	(<2 yrs)	1,075	$1,390	3thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,005	$1,390	2thin

Every lot, as filed

64 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 2	350–400	369	342.88/cwt	338.00–348.00	1,265	5
Heifers	Medium and Large 2	400–450	435	270.00/cwt	270.00–270.00	1,175	1
Bulls	Medium and Large 2	600–650	640	255.00/cwt	255.00–255.00	1,632	1
Heifers	Medium and Large 2	650–700	681	237.02/cwt	225.00–239.00	1,614	7
Steers	Medium and Large 1	350–400	358	353.06/cwt	350.00–356.00	1,264	2
Steers	Medium and Large 1	250–300	265	358.00/cwt	358.00–358.00	949	1
Bred Heifers	Medium and Large 1	—	1,060	1,550.00/head	1,550.00–1,550.00	1,550	1
Steers	Medium and Large 1	500–550	516	311.22/cwt	310.00–315.00	1,606	4
Bred Cows	Medium and Large 2	—	870	1,340.00/head	1,340.00–1,340.00	1,340	1
Bred Cows	Medium and Large 2	—	1,160	1,390.00/head	1,390.00–1,390.00	1,390	1
Bred Cows	Medium and Large 2	—	930	1,140.00/head	1,140.00–1,140.00	1,140	1
Heifers	Medium and Large 1	250–300	269	308.42/cwt	300.00–310.00	830	6
Steers	Medium and Large 1	300–350	310	363.00/cwt	363.00–363.00	1,125	1
Heifers	Medium and Large 1	550–600	570	255.52/cwt	255.00–258.00	1,456	6
Steers	Medium and Large 2	700–750	722	236.00/cwt	236.00–236.00	1,704	2
Bulls	Medium and Large 2	550–600	560	280.00/cwt	280.00–280.00	1,568	1
Bulls	Medium and Large 2	400–450	445	303.00/cwt	303.00–303.00	1,348	1
Bred Cows	Medium and Large 1	—	950	1,300.00/head	1,300.00–1,300.00	1,300	1
Heifers	Medium and Large 1	450–500	465	285.00/cwt	285.00–285.00	1,325	1
Bred Cows	Medium and Large 1	—	1,215	1,650.00/head	1,650.00–1,650.00	1,650	1
Steers	Medium and Large 1	400–450	418	344.44/cwt	341.00–348.00	1,440	2
Steers	Medium and Large 1	600–650	615	286.00/cwt	286.00–286.00	1,759	1
Bulls	Medium and Large 1	500–550	526	303.26/cwt	298.00–313.00	1,595	4
Heifers	Medium and Large 1	300–350	311	307.91/cwt	305.00–311.00	958	4
Heifers	Medium and Large 1	400–450	415	291.81/cwt	284.00–300.00	1,211	2
Heifers	Medium and Large 1	350–400	355	310.00/cwt	310.00–310.00	1,101	1
Bulls	—	—	1,000	130.00/cwt	130.00–130.00	1,300	1
Bulls	—	—	1,740	159.67/cwt	159.00–160.00	2,778	3
Cows	Boner 80-85%	—	1,190	144.44/cwt	142.00–147.00	1,719	3
Cows	Boner 80-85%	—	1,133	128.33/cwt	125.00–133.00	1,454	4
Cows	Lean 85-90%	—	1,083	116.26/cwt	111.00–119.50	1,259	3
Bulls	—	—	1,100	132.00/cwt	132.00–132.00	1,452	1
Bulls	Medium and Large 1	550–600	555	295.99/cwt	295.00–297.00	1,643	2
Bulls	Medium and Large 1	400–450	420	329.76/cwt	320.00–340.00	1,385	2
Bulls	Medium and Large 1	600–650	615	283.00/cwt	283.00–283.00	1,740	1
Cows	Boner 80-85%	—	1,292	150.93/cwt	149.00–153.00	1,950	3
Cows	Lean 85-90%	—	925	92.50/cwt	92.50–92.50	856	1
Bulls	—	—	1,688	154.17/cwt	150.50–158.00	2,602	2
Steers	Medium and Large 3	550–600	560	250.00/cwt	250.00–250.00	1,400	2
Steers	Medium and Large 2	300–350	305	340.00/cwt	340.00–340.00	1,037	1
Heifers	Medium and Large 3	400–450	425	251.02/cwt	250.00–252.00	1,067	2
Heifers	Medium and Large 1	650–700	655	243.00/cwt	243.00–243.00	1,592	1
Heifers	Medium and Large 1	500–550	525	261.24/cwt	260.00–265.00	1,372	7
Steers	Medium and Large 1	550–600	560	306.00/cwt	306.00–306.00	1,714	1
Steers	Medium and Large 3	400–450	428	310.06/cwt	300.00–320.00	1,327	2
Bulls	Medium and Large 2	500–550	528	284.26/cwt	281.00–290.00	1,501	3
Bulls	Medium and Large 2	450–500	478	300.97/cwt	296.00–306.00	1,439	2
Bulls	Medium and Large 3	550–600	570	274.03/cwt	273.00–275.00	1,562	2
Heifers	Medium and Large 3	750–800	750	205.00/cwt	205.00–205.00	1,538	1
Bulls	Medium and Large 3	400–450	435	288.00/cwt	288.00–288.00	1,253	1
Heifers	Medium and Large 2	300–350	345	290.00/cwt	290.00–290.00	1,001	1
Steers	Medium and Large 2	400–450	423	339.07/cwt	328.00–350.00	1,434	2
Cow-Calf Pairs	Medium and Large 2	—	1,005	1,390.00/head	1,390.00–1,390.00	1,390	2
Heifers	Medium and Large 3	600–650	620	210.00/cwt	210.00–210.00	1,302	1
Heifers	Medium and Large 3	450–500	481	257.01/cwt	255.00–258.00	1,236	5
Steers	Medium and Large 3	450–500	488	297.30/cwt	290.00–309.00	1,451	3
Heifers	Medium and Large 2	350–400	365	288.00/cwt	288.00–288.00	1,051	1
Heifers	Medium and Large 1	800–850	808	200.00/cwt	200.00–200.00	1,616	3
Bred Heifers	Medium and Large 2	—	1,075	1,390.00/head	1,390.00–1,390.00	1,390	3
Heifers	Medium and Large 2	600–650	631	238.00/cwt	238.00–238.00	1,502	7
Heifers	Medium and Large 2	450–500	478	273.48/cwt	273.00–276.00	1,307	6
Heifers	Medium and Large 2	550–600	587	246.01/cwt	245.00–247.00	1,444	3
Steers	Medium and Large 2	600–650	635	260.00/cwt	260.00–260.00	1,651	1
Heifers	Medium and Large 1	600–650	615	249.84/cwt	240.00–260.00	1,537	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 Apr 1, 2024

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

Feeder CattleReceipts 199Last week 340Year ago 198

Slaughter CattleReceipts 30Last week 14Year ago 37

Replacement CattleReceipts 23Last week 13Year ago 48

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	305	340.00	340.00
5	350–400	369	338.00–348.00	342.88
2	400–450	423	328.00–350.00	339.07
1	600–650	635	260.00	260.00
2	700–750	722	236.00	236.00
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	265	358.00	358.00
1	300–350	310	363.00	363.00
2	350–400	358	350.00–356.00	353.06
2	400–450	418	341.00–348.00	344.44
4	500–550	516	310.00–315.00	311.22
1	550–600	560	306.00	306.00
1	600–650	615	286.00	286.00
Steers — Medium and Large 3$ per cwt · actual wt
2	400–450	428	300.00–320.00	310.06
3	450–500	488	290.00–309.00	297.30
2	550–600	560	250.00	250.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	345	290.00	290.00
1	350–400	365	288.00	288.00
1	400–450	435	270.00	270.00
6	450–500	478	273.00–276.00	273.48
3	550–600	587	245.00–247.00	246.01
7	600–650	631	238.00	238.00
7	650–700	681	225.00–239.00	237.02
Heifers — Medium and Large 1$ per cwt · actual wt
6	250–300	269	300.00–310.00	308.42
4	300–350	311	305.00–311.00	307.91
1	350–400	355	310.00	310.00
2	400–450	415	284.00–300.00	291.81
1	450–500	465	285.00	285.00
7	500–550	525	260.00–265.00	261.24
6	550–600	570	255.00–258.00	255.52
2	600–650	615	240.00–260.00	249.84
1	650–700	655	243.00	243.00
3	800–850	808	200.00	200.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	400–450	425	250.00–252.00	251.02
5	450–500	481	255.00–258.00	257.01
1	600–650	620	210.00	210.00
1	750–800	750	205.00	205.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	445	303.00	303.00
2	450–500	478	296.00–306.00	300.97
3	500–550	528	281.00–290.00	284.26
1	550–600	560	280.00	280.00
1	600–650	640	255.00	255.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	400–450	420	320.00–340.00	329.76
4	500–550	526	298.00–313.00	303.26
2	550–600	555	295.00–297.00	295.99
1	600–650	615	283.00	283.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	400–450	435	288.00	288.00
2	550–600	570	273.00–275.00	274.03

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1$ per head · actual wt
(<2 yrs)	1st Stage (1-3 mo)	1	—	1,060	1,550.00	1,550.00
Bred Heifers — Medium and Large 2$ per head · actual wt
(<2 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,075	1,390.00	1,390.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	870	1,340.00	1,340.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,160	1,390.00	1,390.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	930	1,140.00	1,140.00
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	950	1,300.00	1,300.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,215	1,650.00	1,650.00
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,005	1,390.00	1,390.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,000	130.00	130.00
3	—	1,740	159.00–160.00	159.67
1	—	1,100	132.00	132.00
2	—	1,688	150.50–158.00	154.17
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,190	142.00–147.00	144.44
4	—	1,133	125.00–133.00	128.33
3	—	1,292	149.00–153.00	150.93
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,083	111.00–119.50	116.26
1	—	925	92.50	92.50

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