Name: Meridian Livestock Auction livestock auction prices — 2024-05-27
Creator: RaisedBeef
Published: 2024-05-27

Reporter comment USDA

As filed

Good day, as compared to the last market lighter calves were steady and bigger calves 4-5 higher. Slaughter cattle steady.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $252.17/cwt on 7 head. That ranks 1 of 15 comparable sales and sits −149.17 against this barn's trailing median of $401.34.

Average price

$252.17

7 head · 545 lb average

Value per head Derived

$1,373

Price × average weight ÷ 100

Grade differential Derived

$224

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

$31.02/cwt at this weight

vs the market

+4.13

vs MS average

−15.45 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	553	260.03	1,438	4thin
Medium and Large 2	535	248.03	1,327	2thin
Medium and Large 3	530	229.00	1,214	1thin

One grade step is worth $31.02/cwt here — about $224 a head. Across this sale the premium is widest at 500–600 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 sale7 hd

252.17

—

MS average13 barns · 416 hd

248.04

+4.13

National average129 barns · 6,320 hd

267.62

−15.45

This barn, trailing median15 sales

401.34

−149.17

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	1,648	155.95	2,570	2thin
Cows	Boner 80-85%	Average	1,141	132.75	1,515	9thin
Cows	Breaker 75-80%	Average	1,465	114.27	1,674	2thin
Cows	Lean 85-90%	Average	1,013	112.59	1,141	9thin

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	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,183	$1,876	3thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	905	$1,825	1thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	785	$1,400	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	830	$1,400	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,385	$2,800	2thin

Every lot, as filed

58 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
Bulls	Medium and Large 2	500–550	533	259.52/cwt	258.00–261.00	1,383	2
Bred Cows	Medium and Large 1	—	1,183	1,876.06/head	1,750.00–2,100.00	1,876	3
Bulls	Medium and Large 1	550–600	555	270.00/cwt	270.00–270.00	1,499	1
Steers	Medium and Large 2	650–700	665	255.00/cwt	255.00–255.00	1,696	1
Heifers	Medium and Large 2	700–750	705	220.00/cwt	220.00–220.00	1,551	1
Heifers	Medium and Large 2	350–400	390	287.01/cwt	286.00–288.00	1,119	2
Steers	Medium and Large 2	600–650	640	248.35/cwt	246.00–253.00	1,589	3
Steers	Medium and Large 1	550–600	573	288.49/cwt	288.00–289.00	1,653	2
Steers	Medium and Large 1	800–850	825	214.00/cwt	214.00–214.00	1,766	1
Bulls	Medium and Large 2	400–450	410	308.00/cwt	308.00–308.00	1,263	1
Heifers	Medium and Large 1-2	850–900	892	209.00/cwt	209.00–209.00	1,864	4
Steers	Medium and Large 1-2	750–800	763	244.00/cwt	244.00–244.00	1,862	4
Heifers	Medium and Large 1	350–400	370	298.00/cwt	298.00–298.00	1,103	1
Heifers	Medium and Large 1	550–600	578	258.50/cwt	258.00–259.00	1,494	2
Heifers	Medium and Large 1	300–350	330	305.30/cwt	295.00–315.00	1,007	2
Steers	Medium and Large 1	400–450	405	322.00/cwt	322.00–322.00	1,304	1
Steers	Medium and Large 1	750–800	785	239.00/cwt	239.00–239.00	1,876	8
Steers	Medium and Large 1	350–400	360	338.97/cwt	335.00–343.00	1,220	4
Heifers	Medium and Large 1	400–450	425	277.09/cwt	273.00–280.00	1,178	3
Steers	Medium and Large 1	700–750	725	239.00/cwt	239.00–239.00	1,733	1
Steers	Medium and Large 1	500–550	525	300.00/cwt	300.00–300.00	1,575	1
Heifers	Medium and Large 1	800–850	835	219.00/cwt	219.00–219.00	1,829	1
Bred Cows	Medium and Large 1	—	905	1,825.00/head	1,825.00–1,825.00	1,825	1
Cows	Boner 80-85%	—	1,145	134.50/cwt	133.50–135.50	1,540	4
Bulls	—	—	1,648	155.95/cwt	155.00–157.00	2,570	2
Cows	Boner 80-85%	—	1,106	129.19/cwt	127.50–131.50	1,429	4
Cows	Boner 80-85%	—	1,265	140.00/cwt	140.00–140.00	1,771	1
Cows	Lean 85-90%	—	1,024	120.33/cwt	117.00–124.00	1,232	4
Cows	Lean 85-90%	—	1,023	96.89/cwt	93.00–100.00	991	2
Steers	Medium and Large 1	300–350	310	340.00/cwt	340.00–340.00	1,054	1
Steers	Medium and Large 1	600–650	628	262.25/cwt	259.00–265.00	1,647	4
Bulls	Medium and Large 1	600–650	640	242.00/cwt	242.00–242.00	1,549	1
Bulls	Medium and Large 1	400–450	430	319.05/cwt	317.00–321.00	1,372	2
Cows	Lean 85-90%	—	993	112.75/cwt	108.50–115.25	1,120	3
Cows	Breaker 75-80%	—	1,465	114.27/cwt	113.50–115.00	1,674	2
Bulls	Medium and Large 2	600–650	640	223.00/cwt	223.00–223.00	1,427	1
Heifers	Medium and Large 2	750–800	779	213.13/cwt	211.00–216.00	1,660	8
Steers	Medium and Large 2	250–300	285	333.00/cwt	333.00–333.00	949	1
Heifers	Medium and Large 2	500–550	535	248.03/cwt	245.00–251.00	1,327	2
Heifers	Medium and Large 1	650–700	663	236.33/cwt	235.00–241.00	1,567	9
Cow-Calf Pairs	Medium and Large 1	—	1,385	2,800.00/head	2,800.00–2,800.00	2,800	2
Steers	Medium and Large 2	450–500	475	303.00/cwt	303.00–303.00	1,439	2
Bulls	Medium and Large 2	550–600	595	252.00/cwt	252.00–252.00	1,499	1
Heifers	Medium and Large 3	750–800	790	209.00/cwt	209.00–209.00	1,651	1
Heifers	Medium and Large 3	500–550	530	229.00/cwt	229.00–229.00	1,214	1
Steers	Medium and Large 3	550–600	580	249.00/cwt	249.00–249.00	1,444	1
Bulls	Medium and Large 3	450–500	490	288.00/cwt	288.00–288.00	1,411	1
Heifers	Medium and Large 1	600–650	625	236.00/cwt	236.00–236.00	1,475	1
Steers	Medium and Large 1	450–500	480	313.00/cwt	313.00–313.00	1,502	1
Bulls	Medium and Large 3	550–600	575	235.00/cwt	235.00–235.00	1,351	1
Steers	Medium and Large 2	300–350	305	327.00/cwt	327.00–327.00	997	1
Heifers	Medium and Large 2	400–450	445	260.00/cwt	260.00–260.00	1,157	1
Heifers	Medium and Large 2	650–700	684	229.26/cwt	226.00–233.00	1,568	4
Heifers	Medium and Large 1	500–550	528	261.55/cwt	258.00–265.00	1,381	2
Bulls	Medium and Large 1	500–550	515	275.00/cwt	275.00–275.00	1,416	1
Steers	Medium and Large 2	550–600	578	278.36/cwt	272.00–285.00	1,609	2
Bred Cows	Medium and Large 2	—	785	1,400.00/head	1,400.00–1,400.00	1,400	1
Bred Cows	Medium and Large 2	—	830	1,400.00/head	1,400.00–1,400.00	1,400	1

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 27, 2024

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

Feeder CattleReceipts 149Last week 350Year ago 133

Slaughter CattleReceipts 46Last week 48Year ago 44

Replacement CattleReceipts 24Last week 29Year ago 13

Good day, as compared to the last market lighter calves were steady and bigger calves 4-5 higher. Slaughter cattle steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	410	308.00	308.00
2	500–550	533	258.00–261.00	259.52
1	550–600	595	252.00	252.00
1	600–650	640	223.00	223.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	400–450	430	317.00–321.00	319.05
1	500–550	515	275.00	275.00
1	550–600	555	270.00	270.00
1	600–650	640	242.00	242.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	450–500	490	288.00	288.00
1	550–600	575	235.00	235.00
Steers — Medium and Large 2$ per cwt · actual wt
1	250–300	285	333.00	333.00
1	300–350	305	327.00	327.00
2	450–500	475	303.00	303.00
2	550–600	578	272.00–285.00	278.36
3	600–650	640	246.00–253.00	248.35
1	650–700	665	255.00	255.00
Steers — Medium and Large 1$ per cwt · actual wt
1	300–350	310	340.00	340.00
4	350–400	360	335.00–343.00	338.97
1	400–450	405	322.00	322.00
1	450–500	480	313.00	313.00
1	500–550	525	300.00	300.00
2	550–600	573	288.00–289.00	288.49
4	600–650	628	259.00–265.00	262.25
1	700–750	725	239.00	239.00
8	750–800	785	239.00	239.00
1	800–850	825	214.00	214.00
Steers — Medium and Large 1-2$ per cwt · actual wt
4	750–800	763	244.00	244.00
Steers — Medium and Large 3$ per cwt · actual wt
1	550–600	580	249.00	249.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	350–400	390	286.00–288.00	287.01
1	400–450	445	260.00	260.00
2	500–550	535	245.00–251.00	248.03
4	650–700	684	226.00–233.00	229.26
1	700–750	705	220.00	220.00
8	750–800	779	211.00–216.00	213.13
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	850–900	892	209.00	209.00
Heifers — Medium and Large 1$ per cwt · actual wt
2	300–350	330	295.00–315.00	305.30
1	350–400	370	298.00	298.00
3	400–450	425	273.00–280.00	277.09
2	500–550	528	258.00–265.00	261.55
2	550–600	578	258.00–259.00	258.50
1	600–650	625	236.00	236.00
9	650–700	663	235.00–241.00	236.33
1	800–850	835	219.00	219.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	500–550	530	229.00	229.00
1	750–800	790	209.00	209.00

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
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,183	1,750.00–2,100.00	1,876.06
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	905	1,825.00	1,825.00
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	785	1,400.00	1,400.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	830	1,400.00	1,400.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,385	2,800.00	2,800.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,145	133.50–135.50	134.50
4	—	1,106	127.50–131.50	129.19
1	—	1,265	140.00	140.00
Cows — Lean 85-90%$ per cwt · actual wt
4	—	1,024	117.00–124.00	120.33
2	—	1,023	93.00–100.00	96.89
3	—	993	108.50–115.25	112.75
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,465	113.50–115.00	114.27
Bulls$ per cwt · actual wt
2	—	1,648	155.00–157.00	155.95

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