Name: Meridian Livestock Auction livestock auction prices — 2024-06-24
Creator: RaisedBeef
Published: 2024-06-24

Reporter comment USDA

As filed

Good day, as compared to the last market feeder cattle were firm and slaughter cattle were steady.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $298.46/cwt on 19 head. That ranks 1 of 19 comparable sales and sits −145.43 against this barn's trailing median of $443.89.

Average price

$298.46

19 head · 522 lb average

Value per head Derived

$1,558

Price × average weight ÷ 100

Grade differential Derived

$79

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

$37.48/cwt at this weight

vs the market

+6.67

vs MS average

−0.80 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	504	311.00	1,567	11thin
Medium and Large 1	520	295.45	1,536	2thin
Medium and Large 2	580	282.41	1,638	2thin
Medium and Large 3	544	273.52	1,488	4thin

One grade step is worth $37.48/cwt here — about $79 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

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 sale19 hd

298.46

—

MS average11 barns · 263 hd

291.80

+6.67

National average143 barns · 6,512 hd

299.26

−0.80

This barn, trailing median19 sales

443.89

−145.43

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	1,624	162.73	2,643	5thin
Cows	Boner 80-85%	Average	1,229	143.81	1,767	12
Cows	Breaker 75-80%	Average	1,340	131.00	1,755	1thin
Cows	Lean 85-90%	Average	1,001	128.16	1,282	10

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 Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,080	$1,750	2thin
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,265	$1,750	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,038	$1,682	2thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,235	$1,220	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,315	$2,238	4thin

Every lot, as filed

63 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%	—	1,160	143.99/cwt	140.00–148.00	1,670	4
Cows	Lean 85-90%	—	990	131.48/cwt	128.50–134.00	1,302	6
Cows	Lean 85-90%	—	1,015	115.00/cwt	115.00–115.00	1,167	1
Bulls	—	—	1,620	159.50/cwt	159.50–159.50	2,584	1
Heifers	Medium and Large 3	550–600	570	233.46/cwt	232.00–235.00	1,331	2
Steers	Medium and Large 3	450–500	475	307.58/cwt	305.00–310.00	1,461	2
Heifers	Medium and Large 1	250–300	278	338.00/cwt	338.00–338.00	940	2
Bred Cows	Medium and Large 2	—	1,235	1,220.00/head	1,220.00–1,220.00	1,220	1
Heifers	Medium and Large 2	450–500	455	272.53/cwt	270.00–275.00	1,240	2
Bulls	Medium and Large 2	600–650	623	220.00/cwt	220.00–220.00	1,371	2
Bulls	Medium and Large 2	500–550	528	238.59/cwt	232.00–245.00	1,260	2
Bred Cows	Medium and Large 1	—	1,080	1,750.00/head	1,700.00–1,800.00	1,750	2
Bulls	Medium and Large 2	650–700	655	219.00/cwt	219.00–219.00	1,434	1
Bulls	Medium and Large 2	400–450	433	279.94/cwt	278.00–282.00	1,212	2
Heifers	Medium and Large 2	350–400	365	294.49/cwt	294.00–295.00	1,075	2
Steers	Medium and Large 1-2	500–550	504	311.00/cwt	311.00–311.00	1,567	11
Heifers	Medium and Large 1-2	600–650	628	242.00/cwt	242.00–242.00	1,520	3
Cow-Calf Pairs	Medium and Large 1	—	1,400	2,550.00/head	2,550.00–2,550.00	2,550	2
Heifers	Medium and Large 1	500–550	523	254.53/cwt	252.00–260.00	1,331	4
Heifers	Medium and Large 1	400–450	410	318.00/cwt	318.00–318.00	1,304	1
Steers	Medium and Large 2	550–600	580	282.41/cwt	279.00–286.00	1,638	2
Steers	Medium and Large 1	600–650	626	268.56/cwt	261.00–270.00	1,681	16
Heifers	Medium and Large 1	600–650	625	236.00/cwt	236.00–236.00	1,475	1
Steers	Medium and Large 1	250–300	260	410.00/cwt	410.00–410.00	1,066	1
Cow-Calf Pairs	Medium and Large 1	—	1,230	1,925.00/head	1,925.00–1,925.00	1,925	2
Bulls	Medium and Large 1	500–550	533	252.99/cwt	251.00–255.00	1,348	2
Steers	Medium and Large 1-2	750–800	750	237.00/cwt	237.00–237.00	1,778	6
Bulls	Medium and Large 1	600–650	625	241.00/cwt	241.00–241.00	1,506	1
Bulls	Medium and Large 1	400–450	435	315.00/cwt	315.00–315.00	1,370	1
Steers	Medium and Large 1	700–750	735	240.00/cwt	240.00–240.00	1,764	1
Heifers	Medium and Large 1	300–350	335	311.00/cwt	311.00–311.00	1,042	1
Steers	Medium and Large 1	500–550	520	295.45/cwt	290.00–301.00	1,536	2
Cows	Breaker 75-80%	—	1,340	131.00/cwt	131.00–131.00	1,755	1
Cows	Boner 80-85%	—	1,155	137.58/cwt	135.00–139.00	1,589	4
Cows	Boner 80-85%	—	1,371	149.85/cwt	148.50–151.00	2,054	4
Cows	Lean 85-90%	—	1,017	125.92/cwt	123.00–127.50	1,281	3
Bulls	—	—	1,245	154.00/cwt	154.00–154.00	1,917	1
Bulls	—	—	1,752	166.72/cwt	160.00–170.00	2,921	3
Steers	Medium and Large 1	300–350	313	378.98/cwt	378.00–380.00	1,186	2
Bulls	Medium and Large 1	550–600	595	257.00/cwt	257.00–257.00	1,529	1
Bred Cows	Medium and Large 1	—	1,265	1,750.00/head	1,750.00–1,750.00	1,750	1
Bred Cows	Medium and Large 1	—	1,038	1,682.23/head	1,600.00–1,775.00	1,682	2
Heifers	Medium and Large 1	350–400	355	320.00/cwt	320.00–320.00	1,136	1
Heifers	Medium and Large 2	550–600	570	247.00/cwt	247.00–247.00	1,408	1
Bulls	Medium and Large 3	450–500	455	277.00/cwt	277.00–277.00	1,260	1
Heifers	Medium and Large 3	450–500	492	261.98/cwt	254.00–265.00	1,289	5
Heifers	Medium and Large 3	400–450	440	264.97/cwt	262.00–268.00	1,166	2
Heifers	Medium and Large 3	350–400	395	285.00/cwt	285.00–285.00	1,126	1
Steers	Medium and Large 3	300–350	345	341.00/cwt	341.00–341.00	1,176	1
Heifers	Medium and Large 2	400–450	418	278.97/cwt	278.00–280.00	1,166	2
Steers	Medium and Large 3	500–550	513	273.04/cwt	270.00–276.00	1,401	2
Steers	Medium and Large 2	350–400	365	365.00/cwt	365.00–365.00	1,332	1
Steers	Medium and Large 3	550–600	575	274.00/cwt	273.00–275.00	1,576	2
Heifers	Medium and Large 2	650–700	670	225.00/cwt	225.00–225.00	1,508	1
Heifers	Medium and Large 2	300–350	313	297.05/cwt	291.00–303.00	930	2
Bulls	Medium and Large 2	750–800	780	205.00/cwt	205.00–205.00	1,599	1
Steers	Medium and Large 2	300–350	325	361.55/cwt	356.00–368.00	1,175	4
Steers	Medium and Large 2	450–500	453	316.99/cwt	315.00–319.00	1,436	2
Steers	Medium and Large 3	350–400	380	351.41/cwt	345.00–358.00	1,335	2
Steers	Medium and Large 2	400–450	430	320.00/cwt	320.00–320.00	1,376	1
Bulls	Medium and Large 2	450–500	450	288.00/cwt	288.00–288.00	1,296	1
Steers	Medium and Large 1	400–450	418	336.27/cwt	332.00–342.00	1,406	3
Steers	Medium and Large 2	600–650	630	251.00/cwt	251.00–251.00	1,581	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 24, 2024

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

Feeder CattleReceipts 209Last week 145Year ago 356

Slaughter CattleReceipts 89Last week 11Year ago 59

Replacement CattleReceipts 35Last week 4Year ago 39

Good day, as compared to the last market feeder cattle were firm and slaughter cattle were steady.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,160	140.00–148.00	143.99
4	—	1,155	135.00–139.00	137.58
4	—	1,371	148.50–151.00	149.85
Cows — Lean 85-90%$ per cwt · actual wt
6	—	990	128.50–134.00	131.48
1	—	1,015	115.00	115.00
3	—	1,017	123.00–127.50	125.92
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,340	131.00	131.00
Bulls$ per cwt · actual wt
1	—	1,620	159.50	159.50
1	—	1,245	154.00	154.00
3	—	1,752	160.00–170.00	166.72

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	350–400	395	285.00	285.00
2	400–450	440	262.00–268.00	264.97
5	450–500	492	254.00–265.00	261.98
2	550–600	570	232.00–235.00	233.46
Heifers — Medium and Large 1$ per cwt · actual wt
2	250–300	278	338.00	338.00
1	300–350	335	311.00	311.00
1	350–400	355	320.00	320.00
1	400–450	410	318.00	318.00
4	500–550	523	252.00–260.00	254.53
1	600–650	625	236.00	236.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	313	291.00–303.00	297.05
2	350–400	365	294.00–295.00	294.49
2	400–450	418	278.00–280.00	278.97
2	450–500	455	270.00–275.00	272.53
1	550–600	570	247.00	247.00
1	650–700	670	225.00	225.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	600–650	628	242.00	242.00
Steers — Medium and Large 3$ per cwt · actual wt
1	300–350	345	341.00	341.00
2	350–400	380	345.00–358.00	351.41
2	450–500	475	305.00–310.00	307.58
2	500–550	513	270.00–276.00	273.04
2	550–600	575	273.00–275.00	274.00
Steers — Medium and Large 1-2$ per cwt · actual wt
11	500–550	504	311.00	311.00
6	750–800	750	237.00	237.00
Steers — Medium and Large 2$ per cwt · actual wt
4	300–350	325	356.00–368.00	361.55
1	350–400	365	365.00	365.00
1	400–450	430	320.00	320.00
2	450–500	453	315.00–319.00	316.99
2	550–600	580	279.00–286.00	282.41
1	600–650	630	251.00	251.00
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	260	410.00	410.00
2	300–350	313	378.00–380.00	378.98
3	400–450	418	332.00–342.00	336.27
2	500–550	520	290.00–301.00	295.45
16	600–650	626	261.00–270.00	268.56
1	700–750	735	240.00	240.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	400–450	433	278.00–282.00	279.94
1	450–500	450	288.00	288.00
2	500–550	528	232.00–245.00	238.59
2	600–650	623	220.00	220.00
1	650–700	655	219.00	219.00
1	750–800	780	205.00	205.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	435	315.00	315.00
2	500–550	533	251.00–255.00	252.99
1	550–600	595	257.00	257.00
1	600–650	625	241.00	241.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	450–500	455	277.00	277.00

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
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,235	1,220.00	1,220.00
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,080	1,700.00–1,800.00	1,750.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,265	1,750.00	1,750.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,038	1,600.00–1,775.00	1,682.23
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,400	2,550.00	2,550.00
Middle Aged (5-8 yrs)	Open	2	—	1,230	1,925.00	1,925.00

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