Name: Meridian Livestock Auction livestock auction prices — 2024-05-13
Creator: RaisedBeef
Published: 2024-05-13

Reporter comment USDA

As filed

Good day, as compared to the last market was higher straight across feeders and slaughter. Had some good groups of weaned calves that sold today.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $281.96/cwt on 13 head. That ranks 1 of 19 comparable sales and sits −161.93 against this barn's trailing median of $443.89.

Average price

$281.96

13 head · 555 lb average

Value per head Derived

$1,566

Price × average weight ÷ 100

Grade differential Derived

$186

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

$41.11/cwt at this weight

vs the market

−7.58

vs MS average

−28.81 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	546	303.95	1,661	5thin
Medium and Large 2	560	284.38	1,593	2thin
Medium and Large 3	561	262.84	1,475	6thin

One grade step is worth $41.11/cwt here — about $186 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

19 sales

Steers 500–600 lb: high $480.61, low $370.48, median $443.89 across 19 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 sale13 hd

281.96

—

MS average13 barns · 352 hd

289.55

−7.58

National average163 barns · 10,302 hd

310.77

−28.81

This barn, trailing median19 sales

443.89

−161.93

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	1,607	150.07	2,412	3thin
Cows	Boner 80-85%	Average	1,201	121.30	1,457	9thin
Cows	Lean 85-90%	Very Low	998	96.00	958	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/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	875	$1,250	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,003	$2,165	4thin

Every lot, as filed

55 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 2	450–500	460	268.53/cwt	267.00–270.00	1,235	2
Heifers	Medium and Large 2	500–550	525	240.00/cwt	240.00–240.00	1,260	1
Steers	Medium and Large 1-2	600–650	632	266.00/cwt	266.00–266.00	1,681	12
Steers	Medium and Large 1	600–650	605	252.40/cwt	250.00–253.00	1,527	5
Steers	Medium and Large 1	850–900	872	221.06/cwt	217.00–229.00	1,928	3
Steers	Medium and Large 1	500–550	523	307.51/cwt	307.00–308.00	1,608	2
Steers	Medium and Large 2	600–650	605	240.00/cwt	240.00–240.00	1,452	1
Bulls	Medium and Large 2	550–600	555	274.00/cwt	274.00–274.00	1,521	1
Steers	Medium and Large 1	650–700	668	251.35/cwt	249.00–253.00	1,679	3
Heifers	Medium and Large 1	500–550	504	253.65/cwt	244.00–255.00	1,278	16
Heifers	Medium and Large 1	400–450	415	274.61/cwt	271.00–280.00	1,140	3
Heifers	Medium and Large 1	600–650	625	233.35/cwt	232.00–240.00	1,458	6
Steers	Medium and Large 1-2	950–1000	980	202.00/cwt	202.00–202.00	1,980	27
Steers	Medium and Large 1-2	750–800	772	231.00/cwt	231.00–231.00	1,783	9
Heifers	Medium and Large 1	350–400	381	299.25/cwt	293.00–300.00	1,140	9
Cow-Calf Pairs	Medium and Large 1	—	1,003	2,165.34/head	2,000.00–2,300.00	2,165	4
Heifers	Medium and Large 1	250–300	290	290.00/cwt	290.00–290.00	841	1
Steers	Medium and Large 1	750–800	796	236.00/cwt	236.00–236.00	1,879	8
Steers	Medium and Large 1	400–450	410	340.00/cwt	340.00–340.00	1,394	1
Steers	Medium and Large 1	300–350	320	357.00/cwt	357.00–357.00	1,142	1
Steers	Medium and Large 1	1150–1200	1,165	192.00/cwt	192.00–192.00	2,237	1
Bulls	—	—	1,385	142.00/cwt	142.00–142.00	1,967	1
Bulls	—	—	1,718	154.10/cwt	152.50–155.50	2,647	2
Cows	Lean 85-90%	—	1,050	82.00/cwt	82.00–82.00	861	1
Cows	Lean 85-90%	—	885	94.00/cwt	94.00–94.00	832	1
Cows	Lean 85-90%	—	1,060	112.00/cwt	112.00–112.00	1,187	1
Cows	Boner 80-85%	—	1,218	124.39/cwt	120.00–128.50	1,515	5
Bulls	Medium and Large 1	400–450	427	294.07/cwt	290.00–300.00	1,256	3
Bulls	Medium and Large 1	500–550	505	285.00/cwt	285.00–285.00	1,439	1
Bulls	Medium and Large 1	450–500	473	292.67/cwt	291.00–295.00	1,384	3
Heifers	Medium and Large 1	550–600	570	245.00/cwt	245.00–245.00	1,397	1
Steers	Medium and Large 1	550–600	562	301.57/cwt	295.00–309.00	1,695	3
Cows	Boner 80-85%	—	1,180	117.43/cwt	115.50–119.50	1,386	4
Steers	Medium and Large 3	550–600	580	264.00/cwt	261.00–270.00	1,531	3
Steers	Medium and Large 3	600–650	605	221.00/cwt	221.00–221.00	1,337	1
Heifers	Medium and Large 2	700–750	730	221.00/cwt	221.00–221.00	1,613	6
Steers	Medium and Large 2	700–750	712	230.94/cwt	224.00–235.00	1,644	3
Heifers	Medium and Large 3	450–500	468	252.89/cwt	250.00–256.00	1,184	2
Steers	Medium and Large 1	350–400	368	350.48/cwt	348.00–353.00	1,290	2
Steers	Medium and Large 2	350–400	355	337.42/cwt	332.00–343.00	1,198	2
Steers	Medium and Large 2	300–350	320	336.09/cwt	334.00–338.00	1,075	2
Bred Cows	Medium and Large 2	—	875	1,250.00/head	1,250.00–1,250.00	1,250	1
Heifers	Medium and Large 2	650–700	687	220.00/cwt	220.00–220.00	1,511	4
Steers	Medium and Large 3	500–550	542	261.67/cwt	261.00–262.00	1,418	3
Steers	Medium and Large 3	450–500	490	306.78/cwt	297.00–310.00	1,503	6
Heifers	Medium and Large 2	750–800	773	215.51/cwt	213.00–218.00	1,666	2
Heifers	Medium and Large 2	350–400	392	281.69/cwt	278.00–283.00	1,104	6
Steers	Medium and Large 2	550–600	560	284.38/cwt	278.00–291.00	1,593	2
Steers	Medium and Large 2	650–700	650	236.00/cwt	236.00–236.00	1,534	1
Heifers	Medium and Large 2	550–600	585	240.09/cwt	235.00–243.00	1,405	3
Steers	Medium and Large 2	400–450	435	320.56/cwt	318.00–323.00	1,394	2
Bulls	Medium and Large 2	450–500	460	286.00/cwt	286.00–286.00	1,316	1
Heifers	Medium and Large 1-2	500–550	525	263.00/cwt	263.00–263.00	1,381	17
Heifers	Medium and Large 1-2	400–450	418	303.00/cwt	303.00–303.00	1,267	25
Steers	Medium and Large 1-2	650–700	660	268.00/cwt	268.00–268.00	1,769	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 May 13, 2024

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

Feeder CattleReceipts 317Last week 335Year ago 374

Slaughter CattleReceipts 22Last week 95Year ago 40

Replacement CattleReceipts 10Last week 168Year ago 30

Good day, as compared to the last market was higher straight across feeders and slaughter. Had some good groups of weaned calves that sold today.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
6	350–400	392	278.00–283.00	281.69
2	450–500	460	267.00–270.00	268.53
1	500–550	525	240.00	240.00
3	550–600	585	235.00–243.00	240.09
4	650–700	687	220.00	220.00
6	700–750	730	221.00	221.00
2	750–800	773	213.00–218.00	215.51
Heifers — Medium and Large 1$ per cwt · actual wt
1	250–300	290	290.00	290.00
9	350–400	381	293.00–300.00	299.25
3	400–450	415	271.00–280.00	274.61
16	500–550	504	244.00–255.00	253.65
1	550–600	570	245.00	245.00
6	600–650	625	232.00–240.00	233.35
Heifers — Medium and Large 3$ per cwt · actual wt
2	450–500	468	250.00–256.00	252.89
Heifers — Medium and Large 1-2$ per cwt · actual wt
25	400–450	418	303.00	303.00
17	500–550	525	263.00	263.00
Steers — Medium and Large 1-2$ per cwt · actual wt
12	600–650	632	266.00	266.00
3	650–700	660	268.00	268.00
9	750–800	772	231.00	231.00
27	950–1000	980	202.00	202.00
Steers — Medium and Large 1$ per cwt · actual wt
1	300–350	320	357.00	357.00
2	350–400	368	348.00–353.00	350.48
1	400–450	410	340.00	340.00
2	500–550	523	307.00–308.00	307.51
3	550–600	562	295.00–309.00	301.57
5	600–650	605	250.00–253.00	252.40
3	650–700	668	249.00–253.00	251.35
8	750–800	796	236.00	236.00
3	850–900	872	217.00–229.00	221.06
1	1150–1200	1,165	192.00	192.00
Steers — Medium and Large 2$ per cwt · actual wt
2	300–350	320	334.00–338.00	336.09
2	350–400	355	332.00–343.00	337.42
2	400–450	435	318.00–323.00	320.56
2	550–600	560	278.00–291.00	284.38
1	600–650	605	240.00	240.00
1	650–700	650	236.00	236.00
3	700–750	712	224.00–235.00	230.94
Steers — Medium and Large 3$ per cwt · actual wt
6	450–500	490	297.00–310.00	306.78
3	500–550	542	261.00–262.00	261.67
3	550–600	580	261.00–270.00	264.00
1	600–650	605	221.00	221.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	450–500	460	286.00	286.00
1	550–600	555	274.00	274.00
Bulls — Medium and Large 1$ per cwt · actual wt
3	400–450	427	290.00–300.00	294.07
3	450–500	473	291.00–295.00	292.67
1	500–550	505	285.00	285.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	4	—	1,003	2,000.00–2,300.00	2,165.34
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	875	1,250.00	1,250.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,385	142.00	142.00
2	—	1,718	152.50–155.50	154.10
Cows — Lean 85-90%$ per cwt · actual wt
1	—	1,050	82.00	82.00
1	—	885	94.00	94.00
1	—	1,060	112.00	112.00
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,218	120.00–128.50	124.39
4	—	1,180	115.50–119.50	117.43

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