Name: Meridian Livestock Auction livestock auction prices — 2024-07-29
Creator: RaisedBeef
Published: 2024-07-29

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-8 higher and slaughter cows and bulls steady to maybe a little higher.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $278.51/cwt on 22 head. That ranks 1 of 19 comparable sales and sits −165.38 against this barn's trailing median of $443.89.

Average price

$278.51

22 head · 559 lb average

Value per head Derived

$1,558

Price × average weight ÷ 100

Grade differential Derived

$75

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

$33.27/cwt at this weight

vs the market

−2.31

vs MS average

−9.28 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	528	305.82	1,615	2thin
Medium and Large 2	559	280.63	1,569	8thin
Medium and Large 3	565	272.55	1,540	12thin

One grade step is worth $33.27/cwt here — about $75 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

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 sale22 hd

278.51

—

MS average13 barns · 350 hd

280.82

−2.31

National average138 barns · 5,135 hd

287.79

−9.28

This barn, trailing median19 sales

443.89

−165.38

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	1,380	150.53	2,078	3thin
Cows	Boner 80-85%	Average	1,183	136.53	1,616	6thin
Cows	Breaker 75-80%	Average	1,420	125.00	1,775	1thin
Cows	Lean 85-90%	Low	997	119.39	1,191	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	2nd/3rd Stage (4-9 mo)	Aged (>8 yrs)	940	$1,300	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	880	$2,088	4thin

Every lot, as filed

56 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
Heifers	Medium and Large 2	450–500	468	271.19/cwt	265.00–276.00	1,269	4
Bred Cows	Medium and Large 2	—	940	1,300.00/head	1,300.00–1,300.00	1,300	1
Steers	Medium and Large 1	700–750	732	244.35/cwt	244.00–245.00	1,789	11
Steers	Medium and Large 1	400–450	412	327.01/cwt	320.00–331.00	1,347	3
Bulls	Medium and Large 2	500–550	535	252.97/cwt	250.00–257.00	1,353	3
Steers	Medium and Large 2	450–500	480	313.53/cwt	308.00–315.00	1,505	11
Steers	Medium and Large 2	650–700	662	262.00/cwt	262.00–262.00	1,734	7
Heifers	Medium and Large 2	300–350	315	287.00/cwt	286.00–288.00	904	2
Heifers	Medium and Large 1	600–650	610	250.50/cwt	250.00–251.00	1,528	2
Heifers	Medium and Large 1	450–500	465	283.50/cwt	281.00–288.00	1,318	4
Bulls	Medium and Large 2	450–500	485	282.50/cwt	280.00–285.00	1,370	2
Heifers	Medium and Large 1-2	400–450	407	291.00/cwt	291.00–291.00	1,184	7
Steers	Medium and Large 1-2	400–450	424	341.60/cwt	341.00–342.00	1,448	13
Steers	Medium and Large 1	450–500	463	324.66/cwt	323.00–326.00	1,503	3
Steers	Medium and Large 1	500–550	528	305.82/cwt	293.00–319.00	1,615	2
Steers	Medium and Large 1	850–900	869	235.97/cwt	232.00–238.00	2,051	6
Heifers	Medium and Large 1	500–550	510	250.00/cwt	250.00–250.00	1,275	1
Steers	Medium and Large 1	300–350	320	350.85/cwt	343.00–358.00	1,123	2
Heifers	Medium and Large 1	850–900	865	206.00/cwt	201.00–211.00	1,782	2
Heifers	Medium and Large 1	350–400	373	291.53/cwt	290.00–293.00	1,087	2
Heifers	Medium and Large 1	400–450	423	282.56/cwt	279.00–286.00	1,195	2
Cow-Calf Pairs	Medium and Large 1	—	975	2,375.00/head	2,375.00–2,375.00	2,375	2
Bulls	—	—	1,268	143.29/cwt	140.00–146.50	1,817	2
Bulls	—	—	1,605	165.00/cwt	165.00–165.00	2,648	1
Cows	Boner 80-85%	—	1,209	137.43/cwt	134.50–143.00	1,662	5
Cows	Lean 85-90%	—	1,005	113.64/cwt	110.00–116.00	1,142	3
Cows	Lean 85-90%	—	1,021	126.72/cwt	121.00–130.00	1,294	5
Cows	Lean 85-90%	—	855	100.00/cwt	100.00–100.00	855	1
Heifers	Medium and Large 1	800–850	815	200.00/cwt	200.00–200.00	1,630	1
Steers	Medium and Large 1	600–650	618	279.98/cwt	275.00–285.00	1,730	2
Bulls	Medium and Large 1	650–700	665	245.51/cwt	245.00–246.00	1,633	2
Bulls	Medium and Large 1	600–650	618	251.94/cwt	249.00–255.00	1,557	2
Cows	Breaker 75-80%	—	1,420	125.00/cwt	125.00–125.00	1,775	1
Cows	Boner 80-85%	—	1,055	132.00/cwt	132.00–132.00	1,393	1
Steers	Medium and Large 2	500–550	520	284.00/cwt	284.00–284.00	1,477	2
Steers	Medium and Large 2	700–750	738	234.73/cwt	233.00–235.00	1,732	7
Bulls	Medium and Large 3	550–600	590	231.00/cwt	231.00–231.00	1,363	1
Heifers	Medium and Large 3	400–450	407	258.98/cwt	255.00–261.00	1,054	3
Bulls	Medium and Large 1	500–550	515	265.00/cwt	265.00–265.00	1,365	1
Bulls	Medium and Large 1	450–500	455	290.00/cwt	290.00–290.00	1,320	1
Steers	Medium and Large 2	350–400	378	330.26/cwt	326.00–335.00	1,248	6
Heifers	Medium and Large 2	650–700	655	231.00/cwt	231.00–231.00	1,513	1
Steers	Medium and Large 3	350–400	370	310.00/cwt	310.00–310.00	1,147	1
Heifers	Medium and Large 3	450–500	480	251.00/cwt	251.00–251.00	1,205	1
Steers	Medium and Large 3	550–600	565	272.55/cwt	265.00–274.00	1,540	12
Heifers	Medium and Large 2	350–400	368	284.47/cwt	280.00–289.00	1,047	2
Cow-Calf Pairs	Medium and Large 2	—	785	1,800.00/head	1,800.00–1,800.00	1,800	2
Heifers	Medium and Large 2	550–600	570	235.00/cwt	235.00–235.00	1,340	1
Steers	Medium and Large 2	600–650	628	263.32/cwt	263.00–268.00	1,654	15
Heifers	Medium and Large 2	600–650	630	229.54/cwt	224.00–235.00	1,446	2
Steers	Medium and Large 2	550–600	572	279.50/cwt	279.00–282.00	1,599	6
Heifers	Medium and Large 2	500–550	505	242.00/cwt	240.00–244.00	1,222	2
Steers	Medium and Large 2	400–450	415	310.00/cwt	310.00–310.00	1,287	1
Bulls	Medium and Large 2	550–600	583	253.49/cwt	253.00–254.00	1,478	2
Heifers	Medium and Large 2	700–750	715	228.00/cwt	228.00–228.00	1,630	1
Bulls	Medium and Large 2	600–650	610	236.51/cwt	235.00–238.00	1,443	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 29, 2024

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

Feeder CattleReceipts 230Last week 161Year ago 252

Slaughter CattleReceipts 31Last week 36Year ago 44

Replacement CattleReceipts 9Last week 35Year ago 12

Good day, as compared to the last market feeder calves were 5-8 higher and slaughter cows and bulls steady to maybe a little higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	315	286.00–288.00	287.00
2	350–400	368	280.00–289.00	284.47
4	450–500	468	265.00–276.00	271.19
2	500–550	505	240.00–244.00	242.00
1	550–600	570	235.00	235.00
2	600–650	630	224.00–235.00	229.54
1	650–700	655	231.00	231.00
1	700–750	715	228.00	228.00
Heifers — Medium and Large 1$ per cwt · actual wt
2	350–400	373	290.00–293.00	291.53
2	400–450	423	279.00–286.00	282.56
4	450–500	465	281.00–288.00	283.50
1	500–550	510	250.00	250.00
2	600–650	610	250.00–251.00	250.50
1	800–850	815	200.00	200.00
2	850–900	865	201.00–211.00	206.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	400–450	407	291.00	291.00
Heifers — Medium and Large 3$ per cwt · actual wt
3	400–450	407	255.00–261.00	258.98
1	450–500	480	251.00	251.00
Steers — Medium and Large 1$ per cwt · actual wt
2	300–350	320	343.00–358.00	350.85
3	400–450	412	320.00–331.00	327.01
3	450–500	463	323.00–326.00	324.66
2	500–550	528	293.00–319.00	305.82
2	600–650	618	275.00–285.00	279.98
11	700–750	732	244.00–245.00	244.35
6	850–900	869	232.00–238.00	235.97
Steers — Medium and Large 2$ per cwt · actual wt
6	350–400	378	326.00–335.00	330.26
1	400–450	415	310.00	310.00
11	450–500	480	308.00–315.00	313.53
2	500–550	520	284.00	284.00
6	550–600	572	279.00–282.00	279.50
15	600–650	628	263.00–268.00	263.32
7	650–700	662	262.00	262.00
7	700–750	738	233.00–235.00	234.73
Steers — Medium and Large 1-2$ per cwt · actual wt
13	400–450	424	341.00–342.00	341.60
Steers — Medium and Large 3$ per cwt · actual wt
1	350–400	370	310.00	310.00
12	550–600	565	265.00–274.00	272.55
Bulls — Medium and Large 2$ per cwt · actual wt
2	450–500	485	280.00–285.00	282.50
3	500–550	535	250.00–257.00	252.97
2	550–600	583	253.00–254.00	253.49
2	600–650	610	235.00–238.00	236.51
Bulls — Medium and Large 1$ per cwt · actual wt
1	450–500	455	290.00	290.00
1	500–550	515	265.00	265.00
2	600–650	618	249.00–255.00	251.94
2	650–700	665	245.00–246.00	245.51
Bulls — Medium and Large 3$ per cwt · actual wt
1	550–600	590	231.00	231.00

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
Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	940	1,300.00	1,300.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	2	—	975	2,375.00	2,375.00
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	Open	2	—	785	1,800.00	1,800.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,268	140.00–146.50	143.29
1	—	1,605	165.00	165.00
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,209	134.50–143.00	137.43
1	—	1,055	132.00	132.00
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,005	110.00–116.00	113.64
5	—	1,021	121.00–130.00	126.72
1	—	855	100.00	100.00
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,420	125.00	125.00

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