Name: Meridian Livestock Auction livestock auction prices — 2024-07-08
Creator: RaisedBeef
Published: 2024-07-08

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls steady as well.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $278.07/cwt on 16 head. That ranks 1 of 20 comparable sales and sits −165.81 against this barn's trailing median of $443.87.

Average price

$278.07

16 head · 546 lb average

Value per head Derived

$1,518

Price × average weight ÷ 100

Grade differential Derived

$10

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

$30.29/cwt at this weight

vs the market

−7.36

vs MS average

−24.84 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	518	296.00	1,533	3thin
Medium and Large 2	534	280.97	1,501	7thin
Medium and Large 3	573	265.71	1,523	6thin

One grade step is worth $30.29/cwt here — about $10 a head. Across this sale the premium is widest at 300–400 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 sale16 hd

278.07

—

MS average7 barns · 206 hd

285.43

−7.36

National average160 barns · 9,699 hd

302.91

−24.84

This barn, trailing median20 sales

443.87

−165.81

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	1,650	159.19	2,627	9thin
Cows	Boner 80-85%	Average	1,238	141.83	1,755	14
Cows	Breaker 75-80%	Average	1,325	138.75	1,838	1thin
Cows	Lean 85-90%	Low	938	120.45	1,130	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)	1,173	$1,462	2thin
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,070	$1,410	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,140	$1,600	2thin

Every lot, as filed

64 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 3	450–500	478	275.57/cwt	271.00–280.00	1,317	2
Heifers	Medium and Large 2	450–500	471	262.56/cwt	260.00–265.00	1,237	2
Heifers	Medium and Large 2	500–550	515	243.92/cwt	240.00–248.00	1,256	2
Heifers	Medium and Large 2	400–450	425	263.00/cwt	263.00–263.00	1,118	1
Heifers	Medium and Large 2	650–700	663	219.00/cwt	218.00–220.00	1,452	2
Steers	Medium and Large 3	500–550	540	269.00/cwt	269.00–269.00	1,453	1
Heifers	Medium and Large 3	450–500	475	250.00/cwt	250.00–250.00	1,188	1
Steers	Medium and Large 2	350–400	355	341.00/cwt	341.00–341.00	1,211	1
Steers	Medium and Large 2	400–450	445	315.00/cwt	315.00–315.00	1,402	1
Steers	Medium and Large 2	650–700	660	257.00/cwt	257.00–257.00	1,696	1
Heifers	Medium and Large 2	550–600	578	241.33/cwt	236.00–244.00	1,395	3
Steers	Medium and Large 3	400–450	445	300.00/cwt	300.00–300.00	1,335	1
Steers	Medium and Large 3	650–700	653	243.98/cwt	240.00–248.00	1,593	2
Steers	Medium and Large 3	350–400	385	329.00/cwt	329.00–329.00	1,267	1
Steers	Medium and Large 3	550–600	580	265.05/cwt	258.00–268.00	1,537	5
Steers	Medium and Large 3	450–500	480	304.30/cwt	301.00–306.00	1,461	3
Heifers	Medium and Large 3	700–750	720	210.00/cwt	210.00–210.00	1,512	1
Heifers	Medium and Large 3	550–600	580	232.00/cwt	232.00–232.00	1,346	1
Steers	Medium and Large 3	300–350	305	330.00/cwt	330.00–330.00	1,007	1
Steers	Medium and Large 3	600–650	625	249.02/cwt	246.00–251.00	1,556	3
Heifers	Medium and Large 3	400–450	436	255.47/cwt	252.00–257.00	1,114	4
Bulls	Medium and Large 1	450–500	455	311.54/cwt	308.00–315.00	1,418	2
Steers	Medium and Large 1	700–750	730	240.00/cwt	240.00–240.00	1,752	1
Steers	Medium and Large 1	350–400	367	368.33/cwt	367.00–370.00	1,352	3
Steers	Medium and Large 1	400–450	419	336.15/cwt	333.00–344.00	1,408	4
Heifers	Medium and Large 1	600–650	606	233.87/cwt	231.00–240.00	1,417	7
Heifers	Medium and Large 1	300–350	320	301.00/cwt	301.00–301.00	963	1
Bulls	—	—	1,721	163.29/cwt	160.00–167.00	2,810	5
Bulls	—	—	2,205	172.00/cwt	172.00–172.00	3,793	1
Bulls	—	—	1,185	153.25/cwt	153.25–153.25	1,816	1
Bulls	—	—	1,725	150.00/cwt	150.00–150.00	2,588	1
Cows	Boner 80-85%	—	1,311	143.24/cwt	140.00–146.25	1,878	5
Cows	Lean 85-90%	—	910	117.65/cwt	116.00–119.00	1,071	3
Cows	Breaker 75-80%	—	1,325	138.75/cwt	138.75–138.75	1,838	1
Bulls	—	—	1,130	141.00/cwt	141.00–141.00	1,593	1
Cows	Lean 85-90%	—	823	106.74/cwt	104.00–110.00	878	2
Cows	Lean 85-90%	—	983	125.56/cwt	121.00–129.00	1,234	7
Cows	Boner 80-85%	—	1,238	150.08/cwt	148.00–152.00	1,858	4
Cows	Boner 80-85%	—	1,164	133.81/cwt	130.50–136.50	1,558	5
Bulls	Medium and Large 1	400–450	445	313.00/cwt	313.00–313.00	1,393	1
Bulls	Medium and Large 1	500–550	520	275.00/cwt	275.00–275.00	1,430	1
Steers	Medium and Large 1	500–550	518	296.00/cwt	293.00–300.00	1,533	3
Heifers	Medium and Large 1	400–450	430	274.83/cwt	270.00–280.00	1,182	2
Steers	Medium and Large 1	950–1000	975	210.00/cwt	210.00–210.00	2,048	2
Heifers	Medium and Large 1	550–600	583	253.00/cwt	253.00–253.00	1,475	3
Steers	Medium and Large 2	600–650	609	257.00/cwt	253.00–260.00	1,565	4
Steers	Medium and Large 2	300–350	325	350.00/cwt	350.00–350.00	1,138	1
Heifers	Medium and Large 1	500–550	515	258.30/cwt	256.00–261.00	1,330	3
Heifers	Medium and Large 1	350–400	365	291.97/cwt	291.00–293.00	1,066	2
Steers	Medium and Large 1	850–900	864	227.38/cwt	227.00–230.00	1,965	8
Steers	Medium and Large 1	600–650	610	277.54/cwt	273.00–282.00	1,693	2
Bred Cows	Medium and Large 2	—	1,070	1,410.00/head	1,410.00–1,410.00	1,410	1
Steers	Medium and Large 2	450–500	495	319.33/cwt	317.00–324.00	1,581	3
Steers	Medium and Large 1	250–300	290	350.00/cwt	350.00–350.00	1,015	1
Steers	Medium and Large 1	300–350	330	360.00/cwt	360.00–360.00	1,188	1
Bulls	Medium and Large 2	550–600	575	250.00/cwt	250.00–250.00	1,438	1
Bulls	Medium and Large 2	500–550	528	246.35/cwt	242.00–251.00	1,301	2
Heifers	Medium and Large 2	700–750	716	219.84/cwt	212.00–221.00	1,574	8
Steers	Medium and Large 2	500–550	528	281.56/cwt	278.00–286.00	1,487	5
Steers	Medium and Large 2	550–600	550	279.50/cwt	274.00–285.00	1,537	2
Steers	Medium and Large 2	700–750	722	233.71/cwt	229.00–240.00	1,687	3
Cow-Calf Pairs	Medium and Large 2	—	1,140	1,600.00/head	1,600.00–1,600.00	1,600	2
Bred Cows	Medium and Large 2	—	1,173	1,462.13/head	1,420.00–1,500.00	1,462	2
Heifers	Medium and Large 2	600–650	628	221.57/cwt	218.00–225.00	1,391	2

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 Jul 8, 2024

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

Feeder CattleReceipts 278Last week 209Year ago 205

Slaughter CattleReceipts 76Last week 89Year ago 77

Replacement CattleReceipts 16Last week 35Year ago 51

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls steady as well.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
2	450–500	478	271.00–280.00	275.57
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	445	313.00	313.00
2	450–500	455	308.00–315.00	311.54
1	500–550	520	275.00	275.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	500–550	528	242.00–251.00	246.35
1	550–600	575	250.00	250.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	400–450	425	263.00	263.00
2	450–500	471	260.00–265.00	262.56
2	500–550	515	240.00–248.00	243.92
3	550–600	578	236.00–244.00	241.33
2	600–650	628	218.00–225.00	221.57
2	650–700	663	218.00–220.00	219.00
8	700–750	716	212.00–221.00	219.84
Heifers — Medium and Large 3$ per cwt · actual wt
4	400–450	436	252.00–257.00	255.47
1	450–500	475	250.00	250.00
1	550–600	580	232.00	232.00
1	700–750	720	210.00	210.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	300–350	320	301.00	301.00
2	350–400	365	291.00–293.00	291.97
2	400–450	430	270.00–280.00	274.83
3	500–550	515	256.00–261.00	258.30
3	550–600	583	253.00	253.00
7	600–650	606	231.00–240.00	233.87
Steers — Medium and Large 3$ per cwt · actual wt
1	300–350	305	330.00	330.00
1	350–400	385	329.00	329.00
1	400–450	445	300.00	300.00
3	450–500	480	301.00–306.00	304.30
1	500–550	540	269.00	269.00
5	550–600	580	258.00–268.00	265.05
3	600–650	625	246.00–251.00	249.02
2	650–700	653	240.00–248.00	243.98
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	325	350.00	350.00
1	350–400	355	341.00	341.00
1	400–450	445	315.00	315.00
3	450–500	495	317.00–324.00	319.33
5	500–550	528	278.00–286.00	281.56
2	550–600	550	274.00–285.00	279.50
4	600–650	609	253.00–260.00	257.00
1	650–700	660	257.00	257.00
3	700–750	722	229.00–240.00	233.71
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	290	350.00	350.00
1	300–350	330	360.00	360.00
3	350–400	367	367.00–370.00	368.33
4	400–450	419	333.00–344.00	336.15
3	500–550	518	293.00–300.00	296.00
2	600–650	610	273.00–282.00	277.54
1	700–750	730	240.00	240.00
8	850–900	864	227.00–230.00	227.38
2	950–1000	975	210.00	210.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
5	—	1,721	160.00–167.00	163.29
1	—	2,205	172.00	172.00
1	—	1,185	153.25	153.25
1	—	1,725	150.00	150.00
1	—	1,130	141.00	141.00
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,311	140.00–146.25	143.24
4	—	1,238	148.00–152.00	150.08
5	—	1,164	130.50–136.50	133.81
Cows — Lean 85-90%$ per cwt · actual wt
3	—	910	116.00–119.00	117.65
2	—	823	104.00–110.00	106.74
7	—	983	121.00–129.00	125.56
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,325	138.75	138.75

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)	1st/2nd Stage (1-6 mo)	1	—	1,070	1,410.00	1,410.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,173	1,420.00–1,500.00	1,462.13
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,140	1,600.00	1,600.00

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

Slaughter Cattle

Replacement Cattle