Name: Meridian Livestock Auction livestock auction prices — 2024-07-22
Creator: RaisedBeef
Published: 2024-07-22

Reporter comment USDA

As filed

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

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $295.98/cwt on 11 head. That ranks 1 of 20 comparable sales and sits −147.89 against this barn's trailing median of $443.87.

Average price

$295.98

11 head · 534 lb average

Value per head Derived

$1,581

Price × average weight ÷ 100

Grade differential Derived

$149

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

$47.23/cwt at this weight

vs the market

+12.79

vs MS average

−1.84 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	522	307.23	1,605	4thin
Medium and Large 2	538	294.48	1,583	6thin
Medium and Large 3	560	260.00	1,456	1thin

One grade step is worth $47.23/cwt here — about $149 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 sale11 hd

295.98

—

MS average12 barns · 424 hd

283.20

+12.79

National average149 barns · 6,483 hd

297.82

−1.84

This barn, trailing median20 sales

443.87

−147.89

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	1,682	157.38	2,647	6thin
Cows	Boner 80-85%	Low	1,283	132.28	1,697	6thin
Cows	Breaker 75-80%	Average	1,418	128.11	1,817	3thin
Cows	Lean 85-90%	Very Low	964	111.84	1,078	8thin

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)	Young (2-4 yrs)	1,210	$2,050	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,055	$1,800	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,100	$1,540	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,417	$2,201	10

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
Steers	Medium and Large 2	500–550	531	295.38/cwt	293.00–296.00	1,568	5
Steers	Medium and Large 2	400–450	428	308.98/cwt	308.00–310.00	1,322	2
Steers	Medium and Large 2	350–400	373	332.90/cwt	328.00–338.00	1,242	2
Steers	Medium and Large 1	400–450	423	323.75/cwt	318.00–330.00	1,369	2
Heifers	Medium and Large 1	600–650	607	235.99/cwt	233.00–238.00	1,432	3
Heifers	Medium and Large 1	500–550	513	253.91/cwt	248.00–260.00	1,303	2
Steers	Medium and Large 1	650–700	668	262.99/cwt	260.00–266.00	1,757	3
Bulls	Medium and Large 2	700–750	735	213.00/cwt	213.00–213.00	1,566	1
Heifers	Medium and Large 2	600–650	645	221.00/cwt	221.00–221.00	1,425	1
Bred Cows	Medium and Large 1	—	1,055	1,800.00/head	1,800.00–1,800.00	1,800	1
Bred Cows	Medium and Large 1	—	1,100	1,540.00/head	1,540.00–1,540.00	1,540	1
Cow-Calf Pairs	Medium and Large 1	—	1,375	2,312.41/head	2,300.00–2,325.00	2,312	4
Heifers	Medium and Large 1	450–500	450	275.00/cwt	275.00–275.00	1,238	1
Steers	Medium and Large 2	700–750	708	248.51/cwt	247.00–250.00	1,759	2
Bulls	Medium and Large 2	600–650	615	220.00/cwt	220.00–220.00	1,353	1
Cow-Calf Pairs	Medium and Large 1	—	1,835	2,825.00/head	2,825.00–2,825.00	2,825	2
Bred Cows	Medium and Large 1	—	1,210	2,050.00/head	2,050.00–2,050.00	2,050	1
Steers	Medium and Large 1	850–900	850	239.00/cwt	239.00–239.00	2,032	1
Steers	Medium and Large 1	500–550	508	308.64/cwt	303.00–313.00	1,568	3
Steers	Medium and Large 1	600–650	616	261.37/cwt	261.00–262.00	1,610	8
Heifers	Medium and Large 1	400–450	405	278.00/cwt	278.00–278.00	1,126	1
Cows	Boner 80-85%	—	960	128.50/cwt	128.50–128.50	1,234	1
Cows	Lean 85-90%	—	855	95.53/cwt	90.00–100.00	817	3
Bulls	—	—	1,200	146.00/cwt	146.00–146.00	1,752	1
Cows	Lean 85-90%	—	760	114.00/cwt	114.00–114.00	866	1
Bulls	—	—	1,818	161.07/cwt	158.00–164.00	2,928	4
Cows	Breaker 75-80%	—	1,418	128.11/cwt	127.00–130.00	1,817	3
Bulls	Medium and Large 1	500–550	515	290.00/cwt	290.00–290.00	1,494	1
Steers	Medium and Large 1	450–500	467	316.20/cwt	315.00–320.00	1,477	4
Bulls	Medium and Large 1	600–650	631	233.32/cwt	233.00–235.00	1,472	6
Bulls	—	—	1,620	154.00/cwt	154.00–154.00	2,495	1
Cows	Lean 85-90%	—	1,096	123.53/cwt	121.00–126.00	1,354	4
Cows	Boner 80-85%	—	1,347	133.04/cwt	130.00–136.50	1,792	5
Steers	Medium and Large 3	550–600	560	260.00/cwt	260.00–260.00	1,456	1
Heifers	Medium and Large 3	550–600	575	234.00/cwt	234.00–234.00	1,346	1
Heifers	Medium and Large 3	700–750	735	208.00/cwt	208.00–208.00	1,529	1
Steers	Medium and Large 1	550–600	565	303.00/cwt	303.00–303.00	1,712	1
Steers	Medium and Large 1	300–350	335	346.52/cwt	345.00–348.00	1,161	2
Bulls	Medium and Large 1	650–700	650	232.00/cwt	232.00–232.00	1,508	3
Heifers	Medium and Large 3	600–650	615	208.00/cwt	208.00–208.00	1,279	1
Bulls	Medium and Large 3	450–500	480	270.56/cwt	270.00–275.00	1,299	9
Bulls	Medium and Large 2	550–600	556	264.71/cwt	263.00–270.00	1,472	7
Heifers	Medium and Large 2	650–700	664	227.88/cwt	227.00–228.00	1,513	8
Heifers	Medium and Large 2	450–500	465	258.94/cwt	255.00–261.00	1,204	7
Steers	Medium and Large 3	750–800	750	235.00/cwt	235.00–235.00	1,763	2
Bulls	Medium and Large 3	500–550	525	250.00/cwt	250.00–250.00	1,313	1
Steers	Medium and Large 2	600–650	618	258.70/cwt	258.00–259.00	1,599	7
Cow-Calf Pairs	Medium and Large 2	—	1,250	1,776.40/head	1,750.00–1,800.00	1,776	4
Heifers	Medium and Large 2	400–450	439	263.25/cwt	260.00–264.00	1,156	5
Bulls	Medium and Large 2	450–500	465	281.58/cwt	278.00–285.00	1,309	2
Steers	Medium and Large 3	700–750	715	234.00/cwt	234.00–234.00	1,673	9
Bulls	Medium and Large 3	750–800	790	190.00/cwt	190.00–190.00	1,501	1
Heifers	Medium and Large 2	550–600	565	242.66/cwt	240.00–245.00	1,371	3
Steers	Medium and Large 2	450–500	455	300.00/cwt	300.00–300.00	1,365	1
Steers	Medium and Large 2	550–600	570	290.00/cwt	290.00–290.00	1,653	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 Jul 22, 2024

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

Feeder CattleReceipts 161Last week 178Year ago 212

Slaughter CattleReceipts 36Last week 38Year ago 58

Replacement CattleReceipts 35Last week 18Year ago 18

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

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	350–400	373	328.00–338.00	332.90
2	400–450	428	308.00–310.00	308.98
1	450–500	455	300.00	300.00
5	500–550	531	293.00–296.00	295.38
1	550–600	570	290.00	290.00
7	600–650	618	258.00–259.00	258.70
2	700–750	708	247.00–250.00	248.51
Steers — Medium and Large 1$ per cwt · actual wt
2	300–350	335	345.00–348.00	346.52
2	400–450	423	318.00–330.00	323.75
4	450–500	467	315.00–320.00	316.20
3	500–550	508	303.00–313.00	308.64
1	550–600	565	303.00	303.00
8	600–650	616	261.00–262.00	261.37
3	650–700	668	260.00–266.00	262.99
1	850–900	850	239.00	239.00
Steers — Medium and Large 3$ per cwt · actual wt
1	550–600	560	260.00	260.00
9	700–750	715	234.00	234.00
2	750–800	750	235.00	235.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	400–450	405	278.00	278.00
1	450–500	450	275.00	275.00
2	500–550	513	248.00–260.00	253.91
3	600–650	607	233.00–238.00	235.99
Heifers — Medium and Large 2$ per cwt · actual wt
5	400–450	439	260.00–264.00	263.25
7	450–500	465	255.00–261.00	258.94
3	550–600	565	240.00–245.00	242.66
1	600–650	645	221.00	221.00
8	650–700	664	227.00–228.00	227.88
Heifers — Medium and Large 3$ per cwt · actual wt
1	550–600	575	234.00	234.00
1	600–650	615	208.00	208.00
1	700–750	735	208.00	208.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	450–500	465	278.00–285.00	281.58
7	550–600	556	263.00–270.00	264.71
1	600–650	615	220.00	220.00
1	700–750	735	213.00	213.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	500–550	515	290.00	290.00
6	600–650	631	233.00–235.00	233.32
3	650–700	650	232.00	232.00
Bulls — Medium and Large 3$ per cwt · actual wt
9	450–500	480	270.00–275.00	270.56
1	500–550	525	250.00	250.00
1	750–800	790	190.00	190.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,055	1,800.00	1,800.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,100	1,540.00	1,540.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,210	2,050.00	2,050.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	Open	4	—	1,375	2,300.00–2,325.00	2,312.41
Middle Aged (5-8 yrs)	Open	2	—	1,835	2,825.00	2,825.00
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	4	—	1,250	1,750.00–1,800.00	1,776.40

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	960	128.50	128.50
5	—	1,347	130.00–136.50	133.04
Cows — Lean 85-90%$ per cwt · actual wt
3	—	855	90.00–100.00	95.53
1	—	760	114.00	114.00
4	—	1,096	121.00–126.00	123.53
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,418	127.00–130.00	128.11
Bulls$ per cwt · actual wt
1	—	1,200	146.00	146.00
4	—	1,818	158.00–164.00	161.07
1	—	1,620	154.00	154.00

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

Replacement Cattle

Slaughter Cattle