Name: Meridian Livestock Auction livestock auction prices — 2024-06-10
Creator: RaisedBeef
Published: 2024-06-10

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 higher and slaughter cattle were steady.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $280.39/cwt on 7 head. That ranks 1 of 19 comparable sales and sits −163.50 against this barn's trailing median of $443.89.

Average price

$280.39

7 head · 537 lb average

Value per head Derived

$1,506

Price × average weight ÷ 100

Grade differential Derived

$85

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

$41.97/cwt at this weight

vs the market

+2.74

vs MS average

−19.03 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	510	300.94	1,535	3thin
Medium and Large 2	550	283.00	1,557	1thin
Medium and Large 3	560	258.97	1,450	3thin

One grade step is worth $41.97/cwt here — about $85 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

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 sale7 hd

280.39

—

MS average12 barns · 383 hd

277.65

+2.74

National average149 barns · 7,793 hd

299.42

−19.03

This barn, trailing median19 sales

443.89

−163.50

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	1,694	159.35	2,699	4thin
Cows	Boner 80-85%	Average	1,156	135.89	1,572	7thin
Cows	Breaker 75-80%	Average	1,765	130.00	2,295	1thin
Cows	Lean 85-90%	Low	935	117.83	1,102	12

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)	1,090	$1,900	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,390	$1,800	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,035	$1,650	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,130	$1,625	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	1,035	$1,550	1thin
Bred Heifers	1st/2nd Stage (1-6 mo)	(<2 yrs)	985	$1,625	1thin
Cow-Calf Pairs	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,420	$3,000	2thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,475	$2,553	4thin

Every lot, as filed

56 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 2	—	1,035	1,550.00/head	1,550.00–1,550.00	1,550	1
Steers	Medium and Large 2	550–600	550	283.00/cwt	283.00–283.00	1,557	1
Steers	Medium and Large 1	350–400	373	335.35/cwt	333.00–338.00	1,251	2
Bred Cows	Medium and Large 1	—	1,390	1,800.00/head	1,800.00–1,800.00	1,800	1
Steers	Medium and Large 2	450–500	475	323.00/cwt	323.00–323.00	1,534	1
Steers	Medium and Large 2	750–800	783	233.00/cwt	233.00–233.00	1,824	3
Steers	Medium and Large 2	650–700	675	259.00/cwt	259.00–259.00	1,748	2
Bulls	Medium and Large 2	550–600	570	250.00/cwt	250.00–250.00	1,425	1
Heifers	Medium and Large 1	700–750	705	225.00/cwt	225.00–225.00	1,586	1
Cow-Calf Pairs	Medium and Large 1	—	1,420	3,000.00/head	3,000.00–3,000.00	3,000	2
Steers	Medium and Large 1	500–550	510	300.94/cwt	295.00–313.00	1,535	3
Steers	Medium and Large 1	400–450	415	339.92/cwt	335.00–345.00	1,411	5
Steers	Medium and Large 1	700–750	735	242.00/cwt	242.00–242.00	1,779	4
Steers	Medium and Large 1	950–1000	973	186.00/cwt	186.00–186.00	1,810	2
Steers	Medium and Large 1	800–850	820	236.00/cwt	236.00–236.00	1,935	1
Steers	Medium and Large 1	600–650	611	271.54/cwt	265.00–273.00	1,659	13
Cow-Calf Pairs	Medium and Large 1	—	1,475	2,553.05/head	2,450.00–2,650.00	2,553	4
Heifers	Medium and Large 1	400–450	410	287.53/cwt	285.00–290.00	1,179	2
Heifers	Medium and Large 1	500–550	523	260.28/cwt	258.00–263.00	1,361	3
Heifers	Medium and Large 1	650–700	658	229.05/cwt	225.00–233.00	1,507	2
Bred Cows	Medium and Large 1	—	1,130	1,625.00/head	1,625.00–1,625.00	1,625	1
Bred Cows	Medium and Large 1	—	1,090	1,900.00/head	1,900.00–1,900.00	1,900	1
Cows	Lean 85-90%	—	886	114.52/cwt	110.00–118.00	1,015	5
Cows	Lean 85-90%	—	955	124.89/cwt	120.00–129.00	1,193	6
Cows	Lean 85-90%	—	1,065	92.00/cwt	92.00–92.00	980	1
Cows	Breaker 75-80%	—	1,765	130.00/cwt	130.00–130.00	2,295	1
Cows	Boner 80-85%	—	1,113	139.42/cwt	137.50–140.50	1,552	3
Cows	Boner 80-85%	—	1,189	133.25/cwt	131.00–135.00	1,584	4
Bred Cows	Medium and Large 1	—	1,035	1,650.00/head	1,650.00–1,650.00	1,650	1
Bred Heifers	Medium and Large 1	—	985	1,625.00/head	1,625.00–1,625.00	1,625	1
Steers	Medium and Large 1	750–800	762	242.00/cwt	242.00–242.00	1,844	5
Bulls	Medium and Large 1	600–650	618	254.90/cwt	250.00–260.00	1,575	2
Bulls	—	—	1,855	166.31/cwt	165.00–167.50	3,085	2
Bulls	—	—	1,533	152.38/cwt	150.00–154.00	2,336	2
Steers	Medium and Large 3	500–550	540	263.00/cwt	263.00–263.00	1,420	1
Steers	Medium and Large 3	650–700	657	239.35/cwt	235.00–243.00	1,573	3
Bulls	Medium and Large 3	650–700	670	210.00/cwt	210.00–210.00	1,407	1
Heifers	Medium and Large 3	400–450	445	258.00/cwt	258.00–258.00	1,148	1
Bulls	Medium and Large 1	500–550	518	279.88/cwt	275.00–285.00	1,450	2
Bulls	Medium and Large 1	700–750	715	241.00/cwt	241.00–241.00	1,723	1
Steers	Medium and Large 2	400–450	420	325.18/cwt	320.00–330.00	1,366	2
Heifers	Medium and Large 2	350–400	350	295.00/cwt	295.00–295.00	1,033	1
Heifers	Medium and Large 3	550–600	585	230.97/cwt	229.00–233.00	1,351	2
Heifers	Medium and Large 3	500–550	545	235.00/cwt	235.00–235.00	1,281	1
Steers	Medium and Large 3	450–500	475	290.00/cwt	290.00–290.00	1,378	2
Steers	Medium and Large 3	400–450	413	292.36/cwt	285.00–300.00	1,207	2
Heifers	Medium and Large 2	400–450	423	268.98/cwt	268.00–270.00	1,138	2
Steers	Medium and Large 2	600–650	629	255.00/cwt	248.00–257.00	1,604	13
Steers	Medium and Large 3	550–600	570	256.95/cwt	255.00–259.00	1,465	2
Bulls	Medium and Large 3	550–600	575	246.00/cwt	246.00–246.00	1,415	1
Heifers	Medium and Large 2	750–800	760	210.00/cwt	210.00–210.00	1,596	1
Heifers	Medium and Large 2	550–600	590	240.00/cwt	240.00–240.00	1,416	1
Bulls	Medium and Large 2	450–500	480	280.00/cwt	280.00–280.00	1,344	1
Heifers	Medium and Large 1	350–400	368	308.00/cwt	308.00–308.00	1,133	2
Heifers	Medium and Large 2	300–350	320	288.00/cwt	288.00–288.00	922	1
Steers	Medium and Large 2	350–400	390	330.00/cwt	330.00–330.00	1,287	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 10, 2024

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

Feeder CattleReceipts 154Last week 477Year ago 340

Slaughter CattleReceipts 60Last week 31Year ago 74

Replacement CattleReceipts 25Last week 20Year ago 16

Good day, as compared to the last market feeder calves were 3-5 higher and slaughter cattle were steady.

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,035	1,550.00	1,550.00
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,390	1,800.00	1,800.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,130	1,625.00	1,625.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,090	1,900.00	1,900.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,035	1,650.00	1,650.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,420	3,000.00	3,000.00
Middle Aged (5-8 yrs)	Open	4	—	1,475	2,450.00–2,650.00	2,553.05
Bred Heifers — Medium and Large 1$ per head · actual wt
(<2 yrs)	1st/2nd Stage (1-6 mo)	1	—	985	1,625.00	1,625.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	350–400	390	330.00	330.00
2	400–450	420	320.00–330.00	325.18
1	450–500	475	323.00	323.00
1	550–600	550	283.00	283.00
13	600–650	629	248.00–257.00	255.00
2	650–700	675	259.00	259.00
3	750–800	783	233.00	233.00
Steers — Medium and Large 1$ per cwt · actual wt
2	350–400	373	333.00–338.00	335.35
5	400–450	415	335.00–345.00	339.92
3	500–550	510	295.00–313.00	300.94
13	600–650	611	265.00–273.00	271.54
4	700–750	735	242.00	242.00
5	750–800	762	242.00	242.00
1	800–850	820	236.00	236.00
2	950–1000	973	186.00	186.00
Steers — Medium and Large 3$ per cwt · actual wt
2	400–450	413	285.00–300.00	292.36
2	450–500	475	290.00	290.00
1	500–550	540	263.00	263.00
2	550–600	570	255.00–259.00	256.95
3	650–700	657	235.00–243.00	239.35
Bulls — Medium and Large 2$ per cwt · actual wt
1	450–500	480	280.00	280.00
1	550–600	570	250.00	250.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	500–550	518	275.00–285.00	279.88
2	600–650	618	250.00–260.00	254.90
1	700–750	715	241.00	241.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	550–600	575	246.00	246.00
1	650–700	670	210.00	210.00
Heifers — Medium and Large 1$ per cwt · actual wt
2	350–400	368	308.00	308.00
2	400–450	410	285.00–290.00	287.53
3	500–550	523	258.00–263.00	260.28
2	650–700	658	225.00–233.00	229.05
1	700–750	705	225.00	225.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	400–450	445	258.00	258.00
1	500–550	545	235.00	235.00
2	550–600	585	229.00–233.00	230.97
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	320	288.00	288.00
1	350–400	350	295.00	295.00
2	400–450	423	268.00–270.00	268.98
1	550–600	590	240.00	240.00
1	750–800	760	210.00	210.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
5	—	886	110.00–118.00	114.52
6	—	955	120.00–129.00	124.89
1	—	1,065	92.00	92.00
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,765	130.00	130.00
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,113	137.50–140.50	139.42
4	—	1,189	131.00–135.00	133.25
Bulls$ per cwt · actual wt
2	—	1,855	165.00–167.50	166.31
2	—	1,533	150.00–154.00	152.38

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