Name: Meridian Livestock Auction livestock auction prices — 2024-06-17
Creator: RaisedBeef
Published: 2024-06-17

Reporter comment USDA

As filed

Good day, as compared to the last market all though had a small offering of cattle today market was good. Feeder steers were steady and heifers were a little stronger. Slaughter cattle were steady.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $294.22/cwt on 31 head. That ranks 1 of 20 comparable sales and sits −149.65 against this barn's trailing median of $443.87.

Average price

$294.22

31 head · 552 lb average

Value per head Derived

$1,623

Price × average weight ÷ 100

Grade differential Derived

$141

per head · Medium and Large 1-2 over Medium and Large 3

$47.66/cwt at this weight

vs the market

+5.62

vs MS average

−6.44 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	534	315.00	1,682	15thin
Medium and Large 1	548	294.03	1,611	4thin
Medium and Large 2	560	279.00	1,562	1thin
Medium and Large 3	577	267.34	1,542	11thin

One grade step is worth $47.66/cwt here — about $141 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 sale31 hd

294.22

—

MS average12 barns · 379 hd

288.60

+5.62

National average144 barns · 7,865 hd

300.66

−6.44

This barn, trailing median20 sales

443.87

−149.65

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	1,625	157.89	2,566	3thin
Cows	Boner 80-85%	Average	1,268	139.63	1,771	2thin
Cows	Lean 85-90%	Average	988	123.50	1,220	2thin

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
Heifer Pairs	Open	(<2 yrs)	835	$1,475	2thin

Every lot, as filed

41 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	Lean 85-90%	—	1,015	129.00/cwt	129.00–129.00	1,309	1
Cows	Lean 85-90%	—	960	118.00/cwt	118.00–118.00	1,133	1
Bulls	—	—	1,625	157.89/cwt	155.00–160.00	2,566	3
Cows	Boner 80-85%	—	1,268	139.63/cwt	137.50–141.50	1,771	2
Bulls	Medium and Large 1	600–650	630	250.00/cwt	250.00–250.00	1,575	1
Bulls	Medium and Large 1	500–550	508	272.51/cwt	270.00–275.00	1,384	2
Heifers	Medium and Large 1	600–650	627	242.69/cwt	239.00–245.00	1,522	3
Steers	Medium and Large 1	700–750	740	240.00/cwt	240.00–240.00	1,776	1
Steers	Medium and Large 1	550–600	568	293.04/cwt	291.00–295.00	1,664	2
Heifers	Medium and Large 1	400–450	425	296.50/cwt	295.00–298.00	1,260	2
Steers	Medium and Large 1	400–450	413	339.84/cwt	332.00–345.00	1,404	3
Steers	Medium and Large 1	750–800	785	251.00/cwt	251.00–251.00	1,970	1
Steers	Medium and Large 1	500–550	528	295.02/cwt	290.00–300.00	1,558	2
Steers	Medium and Large 1-2	600–650	617	283.00/cwt	283.00–283.00	1,746	22
Steers	Medium and Large 1-2	500–550	534	315.00/cwt	315.00–315.00	1,682	15
Steers	Medium and Large 2	450–500	456	323.14/cwt	322.00–325.00	1,474	7
Heifers	Medium and Large 1	500–550	515	258.66/cwt	255.00–264.00	1,332	3
Steers	Medium and Large 2	550–600	560	279.00/cwt	279.00–279.00	1,562	1
Steers	Medium and Large 2	650–700	660	254.96/cwt	250.00–260.00	1,683	2
Steers	Medium and Large 2	600–650	647	250.00/cwt	250.00–250.00	1,618	5
Steers	Medium and Large 2	300–350	335	340.00/cwt	340.00–340.00	1,139	1
Heifers	Medium and Large 2	500–550	531	253.15/cwt	248.00–254.00	1,344	8
Bulls	Medium and Large 1	400–450	440	315.00/cwt	315.00–315.00	1,386	1
Heifers	Medium and Large 2	400–450	430	275.00/cwt	275.00–275.00	1,183	1
Heifers	Medium and Large 2	550–600	578	245.55/cwt	243.00–248.00	1,419	2
Steers	Medium and Large 2	350–400	367	334.09/cwt	330.00–342.00	1,226	3
Heifers	Medium and Large 2	350–400	370	291.00/cwt	291.00–291.00	1,077	1
Heifers	Medium and Large 2	600–650	620	231.00/cwt	231.00–231.00	1,432	1
Heifers	Medium and Large 1	300–350	320	313.82/cwt	308.00–319.00	1,004	4
Heifers	Medium and Large 2	450–500	473	267.38/cwt	265.00–270.00	1,265	2
Bulls	Medium and Large 3	450–500	485	284.00/cwt	284.00–284.00	1,377	1
Steers	Medium and Large 3	500–550	530	273.08/cwt	269.00–277.00	1,447	2
Steers	Medium and Large 3	550–600	587	266.06/cwt	265.00–275.00	1,562	9
Heifers	Medium and Large 3	450–500	473	259.11/cwt	255.00–263.00	1,226	2
Steers	Medium and Large 1	350–400	370	360.00/cwt	360.00–360.00	1,332	1
Bulls	Medium and Large 1	450–500	460	320.00/cwt	320.00–320.00	1,472	1
Steers	Medium and Large 1	650–700	665	267.44/cwt	265.00–270.00	1,778	2
Heifers	Medium and Large 1	550–600	555	259.00/cwt	259.00–259.00	1,437	1
Heifers	Medium and Large 1	350–400	350	313.50/cwt	312.00–315.00	1,097	2
Heifer Pairs	Medium and Large 2	—	835	1,475.00/head	1,475.00–1,475.00	1,475	2
Steers	Medium and Large 2	400–450	420	328.00/cwt	328.00–328.00	1,378	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 17, 2024

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

Feeder CattleReceipts 145Last week 154Year ago 202

Slaughter CattleReceipts 11Last week 60Year ago 69

Replacement CattleReceipts 4Last week 25Year ago 70

Good day, as compared to the last market all though had a small offering of cattle today market was good. Feeder steers were steady and heifers were a little stronger. Slaughter cattle were steady.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	1,015	129.00	129.00
1	—	960	118.00	118.00
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,268	137.50–141.50	139.63
Bulls$ per cwt · actual wt
3	—	1,625	155.00–160.00	157.89

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	440	315.00	315.00
1	450–500	460	320.00	320.00
2	500–550	508	270.00–275.00	272.51
1	600–650	630	250.00	250.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	450–500	485	284.00	284.00
Heifers — Medium and Large 1$ per cwt · actual wt
4	300–350	320	308.00–319.00	313.82
2	350–400	350	312.00–315.00	313.50
2	400–450	425	295.00–298.00	296.50
3	500–550	515	255.00–264.00	258.66
1	550–600	555	259.00	259.00
3	600–650	627	239.00–245.00	242.69
Heifers — Medium and Large 2$ per cwt · actual wt
1	350–400	370	291.00	291.00
1	400–450	430	275.00	275.00
2	450–500	473	265.00–270.00	267.38
8	500–550	531	248.00–254.00	253.15
2	550–600	578	243.00–248.00	245.55
1	600–650	620	231.00	231.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	450–500	473	255.00–263.00	259.11
Steers — Medium and Large 1$ per cwt · actual wt
1	350–400	370	360.00	360.00
3	400–450	413	332.00–345.00	339.84
2	500–550	528	290.00–300.00	295.02
2	550–600	568	291.00–295.00	293.04
2	650–700	665	265.00–270.00	267.44
1	700–750	740	240.00	240.00
1	750–800	785	251.00	251.00
Steers — Medium and Large 1-2$ per cwt · actual wt
15	500–550	534	315.00	315.00
22	600–650	617	283.00	283.00
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	335	340.00	340.00
3	350–400	367	330.00–342.00	334.09
1	400–450	420	328.00	328.00
7	450–500	456	322.00–325.00	323.14
1	550–600	560	279.00	279.00
5	600–650	647	250.00	250.00
2	650–700	660	250.00–260.00	254.96
Steers — Medium and Large 3$ per cwt · actual wt
2	500–550	530	269.00–277.00	273.08
9	550–600	587	265.00–275.00	266.06

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Heifer Pairs — Medium and Large 2$ per head · actual wt
(<2 yrs)	Open	2	—	835	1,475.00	1,475.00

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

Slaughter Cattle

Feeder Cattle

Replacement Cattle