Name: Meridian Livestock Auction livestock auction prices — 2024-08-05
Creator: RaisedBeef
Published: 2024-08-05

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 10-15 lower and slaughter cattle were steady.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $228.67/cwt on 18 head. That ranks 1 of 15 comparable sales and sits −172.67 against this barn's trailing median of $401.34.

Average price

$228.67

18 head · 557 lb average

Value per head Derived

$1,273

Price × average weight ÷ 100

Grade differential Derived

−$48

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

$18.75/cwt at this weight

vs the market

−12.47

vs MS average

−16.40 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	518	242.56	1,256	2thin
Medium and Large 2	515	233.81	1,204	5thin
Medium and Large 3	583	223.81	1,304	11thin

One grade step is worth $18.75/cwt here — about −$48 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

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 sale18 hd

228.67

—

MS average13 barns · 401 hd

241.14

−12.47

National average152 barns · 6,273 hd

245.07

−16.40

This barn, trailing median15 sales

401.34

−172.67

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	1,255	155.00	1,945	3thin
Cows	Boner 80-85%	Low	1,247	132.15	1,648	4thin
Cows	Breaker 75-80%	Average	1,345	123.00	1,654	1thin
Cows	Lean 85-90%	Very Low	1,050	120.13	1,261	4thin

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 Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,250	$1,700	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,165	$1,630	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,100	$1,430	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,040	$1,750	2thin

Every lot, as filed

46 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	500–550	505	234.01/cwt	230.00–238.00	1,182	4
Steers	Medium and Large 1	300–350	345	345.00/cwt	345.00–345.00	1,190	1
Bred Cows	Medium and Large 2	—	1,165	1,630.00/head	1,630.00–1,630.00	1,630	1
Heifers	Medium and Large 2	300–350	305	283.00/cwt	283.00–283.00	863	1
Steers	Medium and Large 2	650–700	661	231.03/cwt	225.00–233.00	1,527	4
Steers	Medium and Large 2	500–550	520	268.00/cwt	268.00–268.00	1,394	2
Steers	Medium and Large 2	700–750	728	222.77/cwt	222.00–228.00	1,622	8
Bulls	Medium and Large 2	550–600	555	238.50/cwt	238.00–239.00	1,324	2
Steers	Medium and Large 1	350–400	365	338.00/cwt	338.00–338.00	1,234	1
Bred Cows	Medium and Large 2	—	1,100	1,430.00/head	1,430.00–1,430.00	1,430	1
Cow-Calf Pairs	Medium and Large 2	—	1,040	1,750.00/head	1,750.00–1,750.00	1,750	2
Heifers	Medium and Large 2	650–700	650	216.63/cwt	214.00–217.00	1,408	8
Steers	Medium and Large 1	400–450	420	326.80/cwt	318.00–340.00	1,373	3
Heifers	Medium and Large 2	700–750	709	210.00/cwt	210.00–210.00	1,489	7
Steers	Medium and Large 2	450–500	480	303.00/cwt	303.00–303.00	1,454	1
Heifers	Medium and Large 2	350–400	360	285.00/cwt	285.00–285.00	1,026	1
Bulls	Medium and Large 1	500–550	510	248.00/cwt	248.00–248.00	1,265	1
Cows	Lean 85-90%	—	1,040	97.00/cwt	97.00–97.00	1,009	1
Cows	Lean 85-90%	—	1,053	127.84/cwt	127.00–128.50	1,346	3
Cows	Breaker 75-80%	—	1,345	123.00/cwt	123.00–123.00	1,654	1
Cows	Boner 80-85%	—	1,213	131.20/cwt	130.00–132.00	1,591	3
Cows	Boner 80-85%	—	1,350	135.00/cwt	135.00–135.00	1,823	1
Bulls	—	—	1,065	149.00/cwt	148.00–150.00	1,587	2
Steers	Medium and Large 3	500–550	518	252.31/cwt	251.00–253.00	1,307	3
Steers	Medium and Large 3	550–600	568	252.49/cwt	250.00–255.00	1,434	4
Heifers	Medium and Large 3	400–450	435	243.00/cwt	243.00–243.00	1,057	1
Bred Cows	Medium and Large 2	—	1,250	1,700.00/head	1,700.00–1,700.00	1,700	1
Heifers	Medium and Large 2	600–650	610	220.00/cwt	220.00–220.00	1,342	1
Heifers	Medium and Large 2	550–600	555	233.00/cwt	233.00–233.00	1,293	1
Heifers	Medium and Large 3	350–400	365	273.28/cwt	270.00–277.00	997	3
Heifers	Medium and Large 3	600–650	602	202.00/cwt	202.00–202.00	1,216	3
Steers	Medium and Large 3	750–800	755	215.00/cwt	215.00–215.00	1,623	1
Heifers	Medium and Large 2	750–800	765	200.00/cwt	200.00–200.00	1,530	1
Steers	Medium and Large 2	350–400	380	322.80/cwt	318.00–328.00	1,227	3
Heifers	Medium and Large 1	500–550	518	242.56/cwt	240.00–245.00	1,256	2
Heifers	Medium and Large 3	450–500	465	240.00/cwt	240.00–240.00	1,116	1
Steers	Medium and Large 3	350–400	390	308.00/cwt	308.00–308.00	1,201	1
Heifers	Medium and Large 3	550–600	587	223.59/cwt	223.00–225.00	1,312	10
Heifers	Medium and Large 3	500–550	540	226.00/cwt	226.00–226.00	1,220	1
Steers	Medium and Large 2	400–450	415	314.00/cwt	313.00–315.00	1,303	2
Bulls	—	—	1,635	167.00/cwt	167.00–167.00	2,730	1
Bulls	Medium and Large 1	600–650	605	233.00/cwt	233.00–233.00	1,410	1
Bulls	Medium and Large 1	450–500	473	289.03/cwt	288.00–290.00	1,367	2
Heifers	Medium and Large 1	700–750	715	225.00/cwt	225.00–225.00	1,609	1
Steers	Medium and Large 1	500–550	513	285.23/cwt	278.00–293.00	1,463	3
Steers	Medium and Large 1	600–650	605	248.00/cwt	248.00–248.00	1,500	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 Aug 5, 2024

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

Feeder CattleReceipts 172Last week 230Year ago 233

Slaughter CattleReceipts 17Last week 31Year ago 50

Replacement CattleReceipts 10Last week 9Year ago 16

Good day, as compared to the last market feeder calves were 10-15 lower and slaughter cattle were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	305	283.00	283.00
1	350–400	360	285.00	285.00
4	500–550	505	230.00–238.00	234.01
1	550–600	555	233.00	233.00
1	600–650	610	220.00	220.00
8	650–700	650	214.00–217.00	216.63
7	700–750	709	210.00	210.00
1	750–800	765	200.00	200.00
Heifers — Medium and Large 3$ per cwt · actual wt
3	350–400	365	270.00–277.00	273.28
1	400–450	435	243.00	243.00
1	450–500	465	240.00	240.00
1	500–550	540	226.00	226.00
10	550–600	587	223.00–225.00	223.59
3	600–650	602	202.00	202.00
Heifers — Medium and Large 1$ per cwt · actual wt
2	500–550	518	240.00–245.00	242.56
1	700–750	715	225.00	225.00
Steers — Medium and Large 1$ per cwt · actual wt
1	300–350	345	345.00	345.00
1	350–400	365	338.00	338.00
3	400–450	420	318.00–340.00	326.80
3	500–550	513	278.00–293.00	285.23
1	600–650	605	248.00	248.00
Steers — Medium and Large 2$ per cwt · actual wt
3	350–400	380	318.00–328.00	322.80
2	400–450	415	313.00–315.00	314.00
1	450–500	480	303.00	303.00
2	500–550	520	268.00	268.00
4	650–700	661	225.00–233.00	231.03
8	700–750	728	222.00–228.00	222.77
Steers — Medium and Large 3$ per cwt · actual wt
1	350–400	390	308.00	308.00
3	500–550	518	251.00–253.00	252.31
4	550–600	568	250.00–255.00	252.49
1	750–800	755	215.00	215.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	550–600	555	238.00–239.00	238.50
Bulls — Medium and Large 1$ per cwt · actual wt
2	450–500	473	288.00–290.00	289.03
1	500–550	510	248.00	248.00
1	600–650	605	233.00	233.00

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/3rd Stage (4-9 mo)	1	—	1,165	1,630.00	1,630.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,100	1,430.00	1,430.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,250	1,700.00	1,700.00
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,040	1,750.00	1,750.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	1,040	97.00	97.00
3	—	1,053	127.00–128.50	127.84
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,345	123.00	123.00
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,213	130.00–132.00	131.20
1	—	1,350	135.00	135.00
Bulls$ per cwt · actual wt
2	—	1,065	148.00–150.00	149.00
1	—	1,635	167.00	167.00

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

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