Name: Meridian Livestock Auction livestock auction prices — 2024-07-15
Creator: RaisedBeef
Published: 2024-07-15

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. And slaughter cattle maybe a little softer.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $240.58/cwt on 12 head. That ranks 1 of 15 comparable sales and sits −160.76 against this barn's trailing median of $401.34.

Average price

$240.58

12 head · 546 lb average

Value per head Derived

$1,313

Price × average weight ÷ 100

Grade differential Derived

−$8

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

$9.51/cwt at this weight

vs the market

−11.65

vs MS average

−17.22 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	534	245.34	1,309	6thin
Medium and Large 2	558	235.83	1,317	6thin

One grade step is worth $9.51/cwt here — about −$8 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

15 sales

Heifers 500–600 lb: high $437.52, low $354.26, median $401.34 across 15 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 sale12 hd

240.58

—

MS average13 barns · 320 hd

252.23

−11.65

National average156 barns · 7,883 hd

257.80

−17.22

This barn, trailing median15 sales

401.34

−160.76

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	153.08	2,487	5thin
Cows	Boner 80-85%	Low	1,196	138.54	1,657	7thin
Cows	Breaker 75-80%	Average	1,438	134.45	1,933	3thin
Cows	Lean 85-90%	Low	1,014	127.56	1,293	9thin

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/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,360	$1,825	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,070	$1,575	2thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,000	$1,367	2thin
Bred Heifers	1st Stage (1-3 mo)	(<2 yrs)	825	$1,650	1thin

Every lot, as filed

55 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 2	700–750	710	219.00/cwt	219.00–219.00	1,555	1
Heifers	Medium and Large 3	400–450	425	254.00/cwt	254.00–254.00	1,080	1
Heifers	Medium and Large 1-2	950–1000	957	200.00/cwt	200.00–200.00	1,914	16
Heifers	Medium and Large 1-2	800–850	845	212.00/cwt	212.00–212.00	1,791	4
Steers	Medium and Large 1-2	500–550	501	308.00/cwt	308.00–308.00	1,543	8
Heifers	Medium and Large 1	250–300	290	313.00/cwt	313.00–313.00	908	1
Steers	Medium and Large 1	500–550	520	285.00/cwt	285.00–285.00	1,482	1
Heifers	Medium and Large 2	400–450	438	267.96/cwt	260.00–270.00	1,174	7
Heifers	Medium and Large 1	300–350	334	309.28/cwt	305.00–313.00	1,033	4
Heifers	Medium and Large 1	600–650	645	240.00/cwt	240.00–240.00	1,548	1
Steers	Medium and Large 1	600–650	610	250.00/cwt	250.00–250.00	1,525	1
Bred Heifers	Medium and Large 1	—	825	1,650.00/head	1,650.00–1,650.00	1,650	1
Bred Cows	Medium and Large 1	—	1,360	1,825.00/head	1,825.00–1,825.00	1,825	1
Bred Cows	Medium and Large 2	—	1,000	1,367.40/head	1,275.00–1,440.00	1,367	2
Bulls	Medium and Large 1	500–550	520	256.48/cwt	254.00–259.00	1,334	2
Bulls	Medium and Large 1	400–450	425	290.96/cwt	290.00–292.00	1,237	2
Heifers	Medium and Large 1	500–550	517	248.67/cwt	248.00–250.00	1,286	3
Steers	Medium and Large 1	250–300	265	350.00/cwt	350.00–350.00	928	1
Steers	Medium and Large 1	700–750	720	249.00/cwt	249.00–249.00	1,793	1
Bred Cows	Medium and Large 2	—	930	1,450.00/head	1,450.00–1,450.00	1,450	1
Bulls	Medium and Large 2	650–700	660	231.00/cwt	231.00–231.00	1,525	1
Bulls	—	—	1,230	132.96/cwt	132.50–133.50	1,635	2
Bulls	—	—	1,888	166.50/cwt	166.00–167.00	3,144	3
Cows	Lean 85-90%	—	978	125.46/cwt	122.00–129.50	1,227	4
Cows	Breaker 75-80%	—	1,438	134.45/cwt	133.50–135.50	1,933	3
Cows	Lean 85-90%	—	1,075	133.54/cwt	131.00–137.00	1,436	4
Cows	Lean 85-90%	—	910	112.00/cwt	112.00–112.00	1,019	1
Steers	Medium and Large 1	400–450	438	324.34/cwt	320.00–325.00	1,421	7
Heifers	Medium and Large 1	550–600	550	242.00/cwt	242.00–242.00	1,331	3
Bred Cows	Medium and Large 1	—	1,210	1,700.00/head	1,700.00–1,700.00	1,700	1
Steers	Medium and Large 1	300–350	315	340.52/cwt	340.00–341.00	1,073	2
Cows	Boner 80-85%	—	1,187	136.26/cwt	135.00–137.50	1,617	3
Cows	Boner 80-85%	—	1,203	140.25/cwt	138.00–142.00	1,687	4
Steers	Medium and Large 3	550–600	575	267.51/cwt	267.00–268.00	1,538	2
Steers	Medium and Large 3	450–500	455	281.00/cwt	281.00–281.00	1,279	1
Bulls	Medium and Large 3	650–700	650	215.00/cwt	215.00–215.00	1,398	1
Bulls	Medium and Large 3	400–450	425	270.00/cwt	270.00–270.00	1,148	1
Bulls	Medium and Large 1	600–650	618	240.52/cwt	236.00–245.00	1,486	2
Steers	Medium and Large 1	450–500	454	316.00/cwt	316.00–316.00	1,435	7
Heifers	Medium and Large 2	650–700	678	224.42/cwt	220.00–229.00	1,522	2
Heifers	Medium and Large 2	500–550	533	230.98/cwt	230.00–232.00	1,231	2
Steers	Medium and Large 2	350–400	355	330.00/cwt	330.00–330.00	1,172	1
Steers	Medium and Large 2	300–350	310	328.00/cwt	328.00–328.00	1,017	1
Steers	Medium and Large 2	450–500	468	296.92/cwt	294.00–300.00	1,390	2
Heifers	Medium and Large 3	450–500	465	250.48/cwt	249.00–252.00	1,165	2
Heifers	Medium and Large 2	550–600	571	238.25/cwt	238.00–239.00	1,360	4
Heifers	Medium and Large 2	350–400	386	293.51/cwt	292.00–294.00	1,133	4
Bulls	Medium and Large 2	400–450	440	279.00/cwt	279.00–279.00	1,228	1
Steers	Medium and Large 2	550–600	577	273.30/cwt	270.00–274.00	1,577	14
Bulls	Medium and Large 2	600–650	630	230.00/cwt	230.00–230.00	1,449	1
Steers	Medium and Large 3	300–350	340	315.00/cwt	315.00–315.00	1,071	1
Steers	Medium and Large 2	600–650	640	240.00/cwt	240.00–240.00	1,536	1
Steers	Medium and Large 2	500–550	520	271.00/cwt	271.00–271.00	1,409	1
Steers	Medium and Large 2	400–450	435	295.00/cwt	295.00–295.00	1,283	1
Bulls	Medium and Large 2	450–500	459	278.25/cwt	275.00–282.00	1,277	4

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 15, 2024

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

Feeder CattleReceipts 178Last week 278Year ago 416

Slaughter CattleReceipts 38Last week 76Year ago 41

Replacement CattleReceipts 18Last week 16Year ago 49

Good day, as compared to the last market feeder calves were steady. And slaughter cattle maybe a little softer.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	440	279.00	279.00
4	450–500	459	275.00–282.00	278.25
1	600–650	630	230.00	230.00
1	650–700	660	231.00	231.00
1	700–750	710	219.00	219.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	400–450	425	290.00–292.00	290.96
2	500–550	520	254.00–259.00	256.48
2	600–650	618	236.00–245.00	240.52
Bulls — Medium and Large 3$ per cwt · actual wt
1	400–450	425	270.00	270.00
1	650–700	650	215.00	215.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	400–450	425	254.00	254.00
2	450–500	465	249.00–252.00	250.48
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	800–850	845	212.00	212.00
16	950–1000	957	200.00	200.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	250–300	290	313.00	313.00
4	300–350	334	305.00–313.00	309.28
3	500–550	517	248.00–250.00	248.67
3	550–600	550	242.00	242.00
1	600–650	645	240.00	240.00
Heifers — Medium and Large 2$ per cwt · actual wt
4	350–400	386	292.00–294.00	293.51
7	400–450	438	260.00–270.00	267.96
2	500–550	533	230.00–232.00	230.98
4	550–600	571	238.00–239.00	238.25
2	650–700	678	220.00–229.00	224.42
Steers — Medium and Large 1-2$ per cwt · actual wt
8	500–550	501	308.00	308.00
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	265	350.00	350.00
2	300–350	315	340.00–341.00	340.52
7	400–450	438	320.00–325.00	324.34
7	450–500	454	316.00	316.00
1	500–550	520	285.00	285.00
1	600–650	610	250.00	250.00
1	700–750	720	249.00	249.00
Steers — Medium and Large 3$ per cwt · actual wt
1	300–350	340	315.00	315.00
1	450–500	455	281.00	281.00
2	550–600	575	267.00–268.00	267.51
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	310	328.00	328.00
1	350–400	355	330.00	330.00
1	400–450	435	295.00	295.00
2	450–500	468	294.00–300.00	296.92
1	500–550	520	271.00	271.00
14	550–600	577	270.00–274.00	273.30
1	600–650	640	240.00	240.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1$ per head · actual wt
(<2 yrs)	1st Stage (1-3 mo)	1	—	825	1,650.00	1,650.00
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,360	1,825.00	1,825.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,210	1,700.00	1,700.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,000	1,275.00–1,440.00	1,367.40
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	930	1,450.00	1,450.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,230	132.50–133.50	132.96
3	—	1,888	166.00–167.00	166.50
Cows — Lean 85-90%$ per cwt · actual wt
4	—	978	122.00–129.50	125.46
4	—	1,075	131.00–137.00	133.54
1	—	910	112.00	112.00
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,438	133.50–135.50	134.45
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,187	135.00–137.50	136.26
4	—	1,203	138.00–142.00	140.25

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

Heifers · 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