Name: Meridian Livestock Auction livestock auction prices — 2024-05-20
Creator: RaisedBeef
Published: 2024-05-20

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were mixed. Slaughter cows and bulls were 3-7 higher.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $284.40/cwt on 8 head. That ranks 1 of 20 comparable sales and sits −159.48 against this barn's trailing median of $443.87.

Average price

$284.40

8 head · 556 lb average

Value per head Derived

$1,582

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

−12.79

vs MS average

−29.71 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	556	284.40	1,582	8thin

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

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 sale8 hd

284.40

—

MS average12 barns · 385 hd

297.18

−12.79

National average158 barns · 11,390 hd

314.10

−29.71

This barn, trailing median20 sales

443.87

−159.48

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	1,647	150.57	2,480	12
Cows	Boner 80-85%	Low	1,178	126.18	1,486	18
Cows	Lean 85-90%	Low	908	96.33	875	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)	Young/Middle Aged (2-8 yrs)	1,175	$1,690	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	1,095	$1,650	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young/Middle Aged (2-8 yrs)	1,042	$1,513	12
Bred Cows	1st Stage (1-3 mo)	Young/Middle Aged (2-8 yrs)	959	$1,420	3thin
Cow-Calf Pairs	Open	Young/Middle Aged (2-8 yrs)	1,378	$2,147	8

Every lot, as filed

49 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%	—	993	119.26/cwt	119.00–119.50	1,184	2
Cows	Lean 85-90%	—	765	99.00/cwt	99.00–99.00	757	1
Cows	Lean 85-90%	—	930	84.00/cwt	84.00–84.00	781	1
Cows	Lean 85-90%	—	1,030	106.00/cwt	106.00–106.00	1,092	1
Bulls	—	—	1,722	152.97/cwt	146.50–157.50	2,634	10
Bulls	—	—	1,273	138.58/cwt	135.00–142.00	1,764	2
Bred Cows	Small and Medium 1-2	—	890	1,290.00/head	1,290.00–1,290.00	1,290	1
Steers	Medium and Large 1	400–450	410	381.97/cwt	322.50–440.00	1,566	2
Heifers	Medium and Large 1	700–750	719	230.92/cwt	225.00–240.00	1,660	15
Steers	Medium and Large 1	950–1000	978	218.75/cwt	218.75–218.75	2,139	54
Steers	Small 1-2	400–450	420	315.00/cwt	315.00–315.00	1,323	1
Steers	Small and Medium 1	600–650	602	261.00/cwt	261.00–261.00	1,571	4
Bred Cows	Small and Medium 1-2	—	855	1,262.16/head	730.00–1,550.00	1,262	6
Steers	Medium and Large 1	900–950	920	200.00/cwt	200.00–200.00	1,840	1
Bred Cows	Medium and Large 1-2	—	1,095	1,650.00/head	1,650.00–1,650.00	1,650	1
Steers	Medium and Large 1-2	450–500	466	316.88/cwt	315.00–320.00	1,477	4
Steers	Medium and Large 1	350–400	372	343.20/cwt	337.50–350.00	1,277	6
Heifers	Medium and Large 1	500–550	520	239.13/cwt	237.00–245.00	1,243	4
Steers	Medium and Large 1	300–350	319	334.82/cwt	320.00–350.00	1,068	4
Steers	Medium and Large 1-2	500–550	508	296.72/cwt	290.00–300.00	1,507	3
Bred Cows	Medium and Large 1-2	—	1,229	1,763.56/head	1,600.00–1,950.00	1,764	6
Bred Cows	Medium and Large 1-2	—	1,175	1,690.00/head	1,690.00–1,690.00	1,690	1
Steers	Medium and Large 1	850–900	852	228.72/cwt	218.00–229.25	1,949	65
Heifers	Medium and Large 1	900–950	910	220.00/cwt	220.00–220.00	2,002	2
Steers	Medium and Large 1	250–300	285	342.50/cwt	342.50–342.50	976	1
Heifers	Medium and Large 3	450–500	472	250.79/cwt	245.00–255.00	1,184	3
Bred Cows	Medium and Large 1-2	—	993	1,485.00/head	1,485.00–1,485.00	1,485	2
Steers	Medium and Large 1-2	800–850	810	212.00/cwt	212.00–212.00	1,717	1
Steers	Medium and Large 1-2	850–900	862	207.82/cwt	206.00–215.00	1,791	5
Steers	Medium and Large 1-2	400–450	413	317.85/cwt	307.50–325.00	1,313	6
Heifers	Medium and Large 1-2	600–650	625	226.50/cwt	226.50–226.50	1,416	5
Heifers	Medium and Large 1-2	700–750	728	225.00/cwt	225.00–225.00	1,638	4
Steers	Medium and Large 1-2	350–400	385	317.50/cwt	317.50–317.50	1,222	1
Heifers	Medium and Large 2	400–450	400	267.50/cwt	267.50–267.50	1,070	1
Heifers	Medium and Large 1-2	850–900	875	204.00/cwt	204.00–204.00	1,785	2
Cow-Calf Pairs	Medium and Large 1-2	—	1,345	2,112.73/head	1,850.00–2,425.00	2,113	6
Cow-Calf Pairs	Medium and Large 1-2	—	1,475	2,250.00/head	2,250.00–2,250.00	2,250	2
Heifers	Medium and Large 1-2	800–850	824	209.37/cwt	208.00–215.00	1,725	10
Heifers	Medium and Large 2	350–400	360	277.50/cwt	277.50–277.50	999	1
Steers	Medium and Large 3	400–450	423	295.21/cwt	290.00–300.00	1,249	2
Heifers	Medium and Large 1-2	400–450	440	272.44/cwt	267.50–277.50	1,199	2
Steers	Medium and Large 1-2	550–600	585	277.00/cwt	275.00–285.00	1,620	5
Steers	Medium and Large 3	450–500	473	289.81/cwt	247.50–305.00	1,371	7
Cows	Boner 80-85%	—	1,201	127.05/cwt	121.00–137.00	1,526	16
Steers	Medium and Large 1	750–800	789	238.00/cwt	238.00–238.00	1,878	9
Steers	Medium and Large 1	650–700	660	253.77/cwt	252.50–255.00	1,675	2
Heifers	Medium and Large 1	1050–1100	1,072	202.00/cwt	202.00–202.00	2,165	10
Heifers	Medium and Large 1	200–250	200	300.00/cwt	300.00–300.00	600	1
Heifers	Medium and Large 1	250–300	260	310.91/cwt	302.50–320.00	808	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 May 20, 2024

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

Feeder CattleReceipts 350Last week 317Year ago 284

Slaughter CattleReceipts 48Last week 22Year ago 55

Replacement CattleReceipts 29Last week 10Year ago 44

Good day, as compared to the last market feeder calves were mixed. Slaughter cows and bulls were 3-7 higher.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
2	—	993	119.00–119.50	119.26
16	—	1,201	121.00–137.00	127.05
Cows — Lean 85-90%$ per cwt · actual wt
1	—	765	99.00	99.00
1	—	930	84.00	84.00
1	—	1,030	106.00	106.00
Bulls$ per cwt · actual wt
10	—	1,722	146.50–157.50	152.97
2	—	1,273	135.00–142.00	138.58

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Small and Medium 1-2$ per head · actual wt
Young/Middle Aged (2-8 yrs)	1st Stage (1-3 mo)	1	—	890	1,290.00	1,290.00
Young/Middle Aged (2-8 yrs)	2nd/3rd Stage (4-9 mo)	6	—	855	730.00–1,550.00	1,262.16
Bred Cows — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,095	1,650.00	1,650.00
Young/Middle Aged (2-8 yrs)	2nd/3rd Stage (4-9 mo)	6	—	1,229	1,600.00–1,950.00	1,763.56
Young/Middle Aged (2-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,175	1,690.00	1,690.00
Young/Middle Aged (2-8 yrs)	1st Stage (1-3 mo)	2	—	993	1,485.00	1,485.00
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Young/Middle Aged (2-8 yrs)	Open	6	—	1,345	1,850.00–2,425.00	2,112.73
Young/Middle Aged (2-8 yrs)	Open	2	—	1,475	2,250.00	2,250.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	285	342.50	342.50
4	300–350	319	320.00–350.00	334.82
6	350–400	372	337.50–350.00	343.20
2	400–450	410	322.50–440.00	381.97
2	650–700	660	252.50–255.00	253.77
9	750–800	789	238.00	238.00
65	850–900	852	218.00–229.25	228.72
1	900–950	920	200.00	200.00
54	950–1000	978	218.75	218.75
Steers — Small 1-2$ per cwt · actual wt
1	400–450	420	315.00	315.00
Steers — Small and Medium 1$ per cwt · actual wt
4	600–650	602	261.00	261.00
Steers — Medium and Large 1-2$ per cwt · actual wt
1	350–400	385	317.50	317.50
6	400–450	413	307.50–325.00	317.85
4	450–500	466	315.00–320.00	316.88
3	500–550	508	290.00–300.00	296.72
5	550–600	585	275.00–285.00	277.00
1	800–850	810	212.00	212.00
5	850–900	862	206.00–215.00	207.82
Steers — Medium and Large 3$ per cwt · actual wt
2	400–450	423	290.00–300.00	295.21
7	450–500	473	247.50–305.00	289.81
Heifers — Medium and Large 1$ per cwt · actual wt
1	200–250	200	300.00	300.00
2	250–300	260	302.50–320.00	310.91
4	500–550	520	237.00–245.00	239.13
15	700–750	719	225.00–240.00	230.92
2	900–950	910	220.00	220.00
10	1050–1100	1,072	202.00	202.00
Heifers — Medium and Large 3$ per cwt · actual wt
3	450–500	472	245.00–255.00	250.79
Heifers — Medium and Large 1-2$ per cwt · actual wt
2	400–450	440	267.50–277.50	272.44
5	600–650	625	226.50	226.50
4	700–750	728	225.00	225.00
10	800–850	824	208.00–215.00	209.37
2	850–900	875	204.00	204.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	350–400	360	277.50	277.50
1	400–450	400	267.50	267.50

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

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

Slaughter Cattle

Replacement Cattle

Feeder Cattle