Name: Meridian Livestock Auction livestock auction prices — 2024-06-03
Creator: RaisedBeef
Published: 2024-06-03

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cattle were steady as well. Sold two loads of black hided steers 126 head average weight 811 lbs. @ $2.4725 per lb. And sold two more loads 104 head, same cattle but weighed 964 lbs. @ $2.1850 per lb. Very nice cattle.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $285.43/cwt on 14 head. That ranks 1 of 20 comparable sales and sits −158.44 against this barn's trailing median of $443.87.

Average price

$285.43

14 head · 547 lb average

Value per head Derived

$1,562

Price × average weight ÷ 100

Grade differential Derived

$128

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

$41.78/cwt at this weight

vs the market

+4.15

vs MS average

−23.73 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	540	309.00	1,670	3thin
Medium and Large 2	526	288.83	1,519	6thin
Medium and Large 3	577	267.22	1,542	5thin

One grade step is worth $41.78/cwt here — about $128 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

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 sale14 hd

285.43

—

MS average12 barns · 338 hd

281.28

+4.15

National average164 barns · 13,053 hd

309.16

−23.73

This barn, trailing median20 sales

443.87

−158.44

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	1,818	162.28	2,949	6thin
Cows	Boner 80-85%	High	1,133	136.39	1,546	7thin
Cows	Lean 85-90%	Low	1,004	122.16	1,226	7thin

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/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,262	$1,974	3thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,350	$1,714	2thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	1,015	$1,410	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,070	$1,300	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,350	$2,100	2thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,135	$1,950	2thin

Every lot, as filed

69 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	300–350	345	302.00/cwt	302.00–302.00	1,042	1
Bulls	Medium and Large 2	700–750	720	183.00/cwt	183.00–183.00	1,318	1
Heifers	Medium and Large 1	450–500	460	272.00/cwt	272.00–272.00	1,251	1
Heifers	Medium and Large 1	350–400	375	316.00/cwt	316.00–316.00	1,185	1
Steers	Medium and Large 1-2	800–850	811	247.00/cwt	247.00–247.00	2,003	126
Heifers	Medium and Large 2	700–750	720	210.00/cwt	210.00–210.00	1,512	1
Heifers	Medium and Large 2	550–600	583	237.61/cwt	235.00–242.00	1,385	3
Steers	Medium and Large 1	250–300	250	390.00/cwt	390.00–390.00	975	1
Heifers	Medium and Large 1	550–600	555	247.00/cwt	247.00–247.00	1,371	2
Heifers	Medium and Large 1	400–450	425	280.02/cwt	279.00–281.00	1,190	2
Steers	Medium and Large 1	550–600	558	306.00/cwt	306.00–306.00	1,707	2
Steers	Medium and Large 2	300–350	325	320.00/cwt	320.00–320.00	1,040	1
Steers	Medium and Large 2	200–250	205	350.00/cwt	350.00–350.00	718	1
Heifers	Medium and Large 1	200–250	220	325.00/cwt	325.00–325.00	715	1
Cow-Calf Pairs	Medium and Large 1	—	1,135	1,950.00/head	1,950.00–1,950.00	1,950	2
Cow-Calf Pairs	Medium and Large 1	—	1,350	2,100.00/head	2,100.00–2,100.00	2,100	2
Heifers	Medium and Large 1	300–350	328	318.96/cwt	318.00–320.00	1,046	2
Steers	Medium and Large 1-2	400–450	412	328.00/cwt	328.00–328.00	1,351	6
Steers	Medium and Large 1-2	950–1000	964	219.00/cwt	219.00–219.00	2,111	104
Heifers	Medium and Large 1	600–650	628	232.47/cwt	231.00–234.00	1,460	2
Bulls	Medium and Large 1	600–650	645	220.00/cwt	220.00–220.00	1,419	1
Bulls	Medium and Large 1	500–550	525	290.00/cwt	290.00–290.00	1,523	1
Heifers	Medium and Large 1	650–700	655	230.00/cwt	230.00–230.00	1,507	1
Steers	Medium and Large 1	500–550	505	315.00/cwt	315.00–315.00	1,591	1
Steers	Medium and Large 1	650–700	655	261.00/cwt	261.00–261.00	1,710	1
Steers	Medium and Large 1	450–500	470	322.70/cwt	315.00–330.00	1,517	3
Heifers	Medium and Large 1	250–300	260	318.00/cwt	318.00–318.00	827	1
Heifers	Medium and Large 1	500–550	520	254.75/cwt	250.00–258.00	1,325	4
Cows	Boner 80-85%	—	1,385	146.50/cwt	146.50–146.50	2,029	1
Bulls	—	—	1,847	163.14/cwt	159.50–168.00	3,013	5
Cows	Boner 80-85%	—	1,168	137.19/cwt	136.50–138.00	1,602	3
Cows	Boner 80-85%	—	1,015	132.21/cwt	131.50–133.00	1,342	3
Cows	Lean 85-90%	—	954	118.19/cwt	116.50–121.00	1,128	4
Bulls	—	—	1,670	158.00/cwt	158.00–158.00	2,639	1
Heifers	Medium and Large 1	750–800	790	231.00/cwt	231.00–231.00	1,825	1
Bred Cows	Medium and Large 1	—	1,262	1,973.99/head	1,910.00–2,100.00	1,974	3
Steers	Medium and Large 1	400–450	445	316.00/cwt	316.00–316.00	1,406	1
Steers	Medium and Large 1	350–400	372	332.73/cwt	331.00–335.00	1,238	3
Steers	Medium and Large 1	700–750	713	250.49/cwt	250.00–251.00	1,786	2
Cows	Lean 85-90%	—	1,070	127.45/cwt	124.50–130.00	1,364	3
Bulls	Medium and Large 3	750–800	755	170.00/cwt	170.00–170.00	1,284	1
Steers	Medium and Large 2	750–800	784	236.80/cwt	236.00–241.00	1,857	6
Heifers	Medium and Large 2	650–700	650	227.00/cwt	227.00–227.00	1,476	1
Bulls	Medium and Large 3	450–500	485	271.00/cwt	271.00–271.00	1,314	1
Steers	Medium and Large 2	600–650	625	249.03/cwt	248.00–250.00	1,556	2
Heifers	Medium and Large 1	800–850	845	189.00/cwt	189.00–189.00	1,597	1
Steers	Medium and Large 3	450–500	495	288.00/cwt	288.00–288.00	1,426	1
Steers	Medium and Large 2	450–500	487	299.57/cwt	296.00–302.00	1,459	5
Bred Cows	Medium and Large 2	—	1,350	1,713.75/head	1,675.00–1,750.00	1,714	2
Steers	Medium and Large 2	400–450	433	296.69/cwt	290.00–303.00	1,285	2
Heifers	Medium and Large 3	400–450	425	254.00/cwt	254.00–254.00	1,080	1
Bulls	Medium and Large 3	550–600	555	253.00/cwt	253.00–253.00	1,404	1
Steers	Medium and Large 2	650–700	660	255.00/cwt	255.00–255.00	1,683	1
Heifers	Medium and Large 2	350–400	376	297.55/cwt	295.00–308.00	1,119	7
Bred Cows	Medium and Large 2	—	1,015	1,410.00/head	1,410.00–1,410.00	1,410	1
Heifers	Medium and Large 2	400–450	442	268.76/cwt	262.00–271.00	1,188	4
Heifers	Medium and Large 3	350–400	379	278.98/cwt	278.00–280.00	1,057	4
Steers	Medium and Large 3	550–600	577	267.22/cwt	263.00–275.00	1,542	5
Steers	Medium and Large 2	550–600	565	289.00/cwt	289.00–289.00	1,633	1
Bulls	Medium and Large 2	450–500	475	280.00/cwt	280.00–280.00	1,330	1
Bulls	Medium and Large 2	400–450	430	288.00/cwt	288.00–288.00	1,238	1
Bred Cows	Medium and Large 2	—	1,070	1,300.00/head	1,300.00–1,300.00	1,300	1
Heifers	Medium and Large 2	450–500	493	267.83/cwt	266.00–269.00	1,320	6
Steers	Medium and Large 2	350–400	375	323.84/cwt	320.00–328.00	1,214	2
Heifers	Medium and Large 2	600–650	613	217.99/cwt	215.00–220.00	1,336	3
Steers	Medium and Large 1	600–650	623	264.80/cwt	260.00–268.00	1,650	6
Steers	Medium and Large 1	300–350	325	339.02/cwt	338.00–340.00	1,102	2
Steers	Medium and Large 2	500–550	518	288.79/cwt	283.00–292.00	1,496	5
Heifers	Medium and Large 2	500–550	505	240.00/cwt	240.00–240.00	1,212	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 Jun 3, 2024

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

Feeder CattleReceipts 477Last week 149Year ago 454

Slaughter CattleReceipts 31Last week 46Year ago 49

Replacement CattleReceipts 20Last week 24Year ago 11

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	345	302.00	302.00
7	350–400	376	295.00–308.00	297.55
4	400–450	442	262.00–271.00	268.76
6	450–500	493	266.00–269.00	267.83
1	500–550	505	240.00	240.00
3	550–600	583	235.00–242.00	237.61
3	600–650	613	215.00–220.00	217.99
1	650–700	650	227.00	227.00
1	700–750	720	210.00	210.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	200–250	220	325.00	325.00
1	250–300	260	318.00	318.00
2	300–350	328	318.00–320.00	318.96
1	350–400	375	316.00	316.00
2	400–450	425	279.00–281.00	280.02
1	450–500	460	272.00	272.00
4	500–550	520	250.00–258.00	254.75
2	550–600	555	247.00	247.00
2	600–650	628	231.00–234.00	232.47
1	650–700	655	230.00	230.00
1	750–800	790	231.00	231.00
1	800–850	845	189.00	189.00
Heifers — Medium and Large 3$ per cwt · actual wt
4	350–400	379	278.00–280.00	278.98
1	400–450	425	254.00	254.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	430	288.00	288.00
1	450–500	475	280.00	280.00
1	700–750	720	183.00	183.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	500–550	525	290.00	290.00
1	600–650	645	220.00	220.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	450–500	485	271.00	271.00
1	550–600	555	253.00	253.00
1	750–800	755	170.00	170.00
Steers — Medium and Large 1-2$ per cwt · actual wt
6	400–450	412	328.00	328.00
126	800–850	811	247.00	247.00
104	950–1000	964	219.00	219.00
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	250	390.00	390.00
2	300–350	325	338.00–340.00	339.02
3	350–400	372	331.00–335.00	332.73
1	400–450	445	316.00	316.00
3	450–500	470	315.00–330.00	322.70
1	500–550	505	315.00	315.00
2	550–600	558	306.00	306.00
6	600–650	623	260.00–268.00	264.80
1	650–700	655	261.00	261.00
2	700–750	713	250.00–251.00	250.49
Steers — Medium and Large 2$ per cwt · actual wt
1	200–250	205	350.00	350.00
1	300–350	325	320.00	320.00
2	350–400	375	320.00–328.00	323.84
2	400–450	433	290.00–303.00	296.69
5	450–500	487	296.00–302.00	299.57
5	500–550	518	283.00–292.00	288.79
1	550–600	565	289.00	289.00
2	600–650	625	248.00–250.00	249.03
1	650–700	660	255.00	255.00
6	750–800	784	236.00–241.00	236.80
Steers — Medium and Large 3$ per cwt · actual wt
1	450–500	495	288.00	288.00
5	550–600	577	263.00–275.00	267.22

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	2	—	1,135	1,950.00	1,950.00
Middle Aged (5-8 yrs)	Open	2	—	1,350	2,100.00	2,100.00
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	3	—	1,262	1,910.00–2,100.00	1,973.99
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,350	1,675.00–1,750.00	1,713.75
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,015	1,410.00	1,410.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,070	1,300.00	1,300.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,385	146.50	146.50
3	—	1,168	136.50–138.00	137.19
3	—	1,015	131.50–133.00	132.21
Cows — Lean 85-90%$ per cwt · actual wt
4	—	954	116.50–121.00	118.19
3	—	1,070	124.50–130.00	127.45
Bulls$ per cwt · actual wt
5	—	1,847	159.50–168.00	163.14
1	—	1,670	158.00	158.00

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