Name: Meridian Livestock Auction livestock auction prices — 2024-04-08
Creator: RaisedBeef
Published: 2024-04-08

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves a little cheaper, but still bringing good money. Slaughter cows and bulls a little cheaper did not have the quality cattle we have been having.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $274.84/cwt on 9 head. That ranks 1 of 20 comparable sales and sits −169.03 against this barn's trailing median of $443.87.

Average price

$274.84

9 head · 549 lb average

Value per head Derived

$1,510

Price × average weight ÷ 100

Grade differential Derived

$19

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

$16.74/cwt at this weight

vs the market

−1.99

vs MS average

−30.63 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	532	286.00	1,522	3thin
Medium and Large 2	558	269.26	1,502	6thin

One grade step is worth $16.74/cwt here — about $19 a head. Across this sale the premium is widest at 400–500 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 sale9 hd

274.84

—

MS average11 barns · 144 hd

276.83

−1.99

National average170 barns · 11,306 hd

305.47

−30.63

This barn, trailing median20 sales

443.87

−169.03

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	1,330	129.00	1,716	1thin
Cows	Boner 80-85%	Average	1,075	128.57	1,382	4thin
Cows	Breaker 75-80%	Average	1,325	122.00	1,617	1thin
Cows	Lean 85-90%	Average	1,093	116.18	1,270	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)	1,205	$1,875	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,095	$1,825	3thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,045	$1,600	2thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,095	$1,450	2thin

Every lot, as filed

47 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
Bred Cows	Medium and Large 1	—	1,205	1,875.00/head	1,875.00–1,875.00	1,875	1
Heifers	Medium and Large 1	500–550	530	245.00/cwt	245.00–245.00	1,299	1
Bulls	Medium and Large 2	450–500	480	285.00/cwt	285.00–285.00	1,368	1
Bulls	Medium and Large 2	500–550	505	248.00/cwt	248.00–248.00	1,252	1
Steers	Medium and Large 2	550–600	583	268.15/cwt	260.00–275.00	1,563	4
Steers	Medium and Large 2	350–400	393	332.79/cwt	325.00–338.00	1,308	5
Bred Cows	Medium and Large 1	—	1,095	1,824.70/head	1,775.00–1,875.00	1,825	3
Steers	Medium and Large 1	250–300	272	371.04/cwt	365.00–375.00	1,009	3
Heifers	Medium and Large 2	400–450	413	269.94/cwt	265.00–275.00	1,115	3
Heifers	Medium and Large 2	550–600	570	235.59/cwt	233.00–238.00	1,343	2
Bred Cows	Medium and Large 2	—	865	1,350.00/head	1,350.00–1,350.00	1,350	1
Steers	Medium and Large 2	600–650	645	240.00/cwt	240.00–240.00	1,548	1
Steers	Medium and Large 1	750–800	758	226.00/cwt	226.00–226.00	1,713	7
Bulls	Medium and Large 2	700–750	740	185.00/cwt	185.00–185.00	1,369	1
Heifers	Medium and Large 2	700–750	710	205.00/cwt	205.00–205.00	1,456	2
Heifers	Medium and Large 2	350–400	380	280.00/cwt	280.00–280.00	1,064	1
Heifers	Medium and Large 2	650–700	675	200.00/cwt	200.00–200.00	1,350	1
Bulls	Medium and Large 3	500–550	510	230.00/cwt	230.00–230.00	1,173	1
Steers	Medium and Large 2	400–450	425	292.00/cwt	292.00–292.00	1,241	1
Heifers	Medium and Large 2	500–550	520	284.52/cwt	235.00–335.00	1,480	2
Steers	Medium and Large 3	350–400	395	315.00/cwt	315.00–315.00	1,244	1
Steers	Medium and Large 3	450–500	488	280.00/cwt	280.00–280.00	1,366	2
Heifers	Medium and Large 3	450–500	465	248.00/cwt	248.00–248.00	1,153	1
Heifers	Medium and Large 3	550–600	560	198.93/cwt	195.00–203.00	1,114	2
Steers	Medium and Large 2	450–500	478	291.49/cwt	290.00–293.00	1,393	2
Steers	Medium and Large 2	500–550	508	271.48/cwt	268.00–275.00	1,379	2
Steers	Medium and Large 1	450–500	478	318.00/cwt	318.00–318.00	1,520	3
Steers	Medium and Large 1	400–450	420	323.15/cwt	315.00–338.00	1,357	3
Steers	Medium and Large 1	850–900	875	205.00/cwt	205.00–205.00	1,794	3
Steers	Medium and Large 1	500–550	532	286.00/cwt	283.00–290.00	1,522	3
Bred Cows	Medium and Large 1	—	1,225	1,850.00/head	1,850.00–1,850.00	1,850	1
Heifers	Medium and Large 3	350–400	385	265.00/cwt	265.00–265.00	1,020	1
Bulls	—	—	1,330	129.00/cwt	129.00–129.00	1,716	1
Cows	Boner 80-85%	—	1,058	129.76/cwt	128.00–131.00	1,373	3
Cows	Boner 80-85%	—	1,125	125.00/cwt	125.00–125.00	1,406	1
Cows	Breaker 75-80%	—	1,325	122.00/cwt	122.00–122.00	1,617	1
Cows	Lean 85-90%	—	1,093	116.18/cwt	110.00–120.00	1,270	3
Heifers	Medium and Large 1	200–250	215	335.00/cwt	335.00–335.00	720	1
Heifers	Medium and Large 1	600–650	605	226.00/cwt	226.00–226.00	1,367	1
Heifers	Medium and Large 1	450–500	470	285.00/cwt	285.00–285.00	1,340	1
Heifers	Medium and Large 1	550–600	572	249.35/cwt	248.00–250.00	1,426	3
Cow-Calf Pairs	Medium and Large 1	—	1,095	1,450.00/head	1,450.00–1,450.00	1,450	2
Steers	Medium and Large 1	600–650	605	260.00/cwt	260.00–260.00	1,573	1
Steers	Medium and Large 1	350–400	360	350.00/cwt	350.00–350.00	1,260	1
Steers	Medium and Large 1	300–350	305	358.00/cwt	358.00–358.00	1,092	1
Heifers	Medium and Large 1	350–400	367	293.50/cwt	290.00–300.00	1,077	3
Steers	Medium and Large 1	900–950	935	200.00/cwt	200.00–200.00	1,870	3

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 8, 2024

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

Feeder CattleReceipts 139Last week 199Year ago 214

Slaughter CattleReceipts 15Last week 30Year ago 36

Replacement CattleReceipts 23Last week 23Year ago 27

Good day, as compared to the last market feeder calves a little cheaper, but still bringing good money. Slaughter cows and bulls a little cheaper did not have the quality cattle we have been having.

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	—	1,205	1,875.00	1,875.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,095	1,775.00–1,875.00	1,824.70
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,225	1,850.00	1,850.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	865	1,350.00	1,350.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Aged (>8 yrs)	Open	2	—	1,095	1,450.00	1,450.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	200–250	215	335.00	335.00
3	350–400	367	290.00–300.00	293.50
1	450–500	470	285.00	285.00
1	500–550	530	245.00	245.00
3	550–600	572	248.00–250.00	249.35
1	600–650	605	226.00	226.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	350–400	380	280.00	280.00
3	400–450	413	265.00–275.00	269.94
2	500–550	520	235.00–335.00	284.52
2	550–600	570	233.00–238.00	235.59
1	650–700	675	200.00	200.00
2	700–750	710	205.00	205.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	350–400	385	265.00	265.00
1	450–500	465	248.00	248.00
2	550–600	560	195.00–203.00	198.93
Bulls — Medium and Large 2$ per cwt · actual wt
1	450–500	480	285.00	285.00
1	500–550	505	248.00	248.00
1	700–750	740	185.00	185.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	500–550	510	230.00	230.00
Steers — Medium and Large 2$ per cwt · actual wt
5	350–400	393	325.00–338.00	332.79
1	400–450	425	292.00	292.00
2	450–500	478	290.00–293.00	291.49
2	500–550	508	268.00–275.00	271.48
4	550–600	583	260.00–275.00	268.15
1	600–650	645	240.00	240.00
Steers — Medium and Large 1$ per cwt · actual wt
3	250–300	272	365.00–375.00	371.04
1	300–350	305	358.00	358.00
1	350–400	360	350.00	350.00
3	400–450	420	315.00–338.00	323.15
3	450–500	478	318.00	318.00
3	500–550	532	283.00–290.00	286.00
1	600–650	605	260.00	260.00
7	750–800	758	226.00	226.00
3	850–900	875	205.00	205.00
3	900–950	935	200.00	200.00
Steers — Medium and Large 3$ per cwt · actual wt
1	350–400	395	315.00	315.00
2	450–500	488	280.00	280.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,330	129.00	129.00
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,058	128.00–131.00	129.76
1	—	1,125	125.00	125.00
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,325	122.00	122.00
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,093	110.00–120.00	116.18

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

Replacement Cattle

Feeder Cattle

Slaughter Cattle