Name: Meridian Livestock Auction livestock auction prices — 2024-08-26
Creator: RaisedBeef
Published: 2024-08-26

Reporter comment USDA

As filed

Market compared to last week, Feeder calves were mixed and slaughter cattle were steady.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $257.70/cwt on 36 head. That ranks 1 of 20 comparable sales and sits −186.17 against this barn's trailing median of $443.87.

Average price

$257.70

36 head · 547 lb average

Value per head Derived

$1,410

Price × average weight ÷ 100

Grade differential Derived

$119

per head · Medium and Large 2 over Medium and Large 3

$19.14/cwt at this weight

vs the market

+5.09

vs MS average

−10.85 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	552	265.00	1,461	4thin
Medium and Large 1-2	547	259.86	1,421	25
Medium and Large 3	546	245.86	1,343	7thin

One grade step is worth $19.14/cwt here — about $119 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 sale36 hd

257.70

—

MS average12 barns · 374 hd

252.62

+5.09

National average155 barns · 6,455 hd

268.55

−10.85

This barn, trailing median20 sales

443.87

−186.17

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	—	High	1,448	151.67	2,197	3thin
Cows	Boner 80-85%	Low	1,257	130.72	1,643	31
Cows	Lean 85-90%	Average	949	121.35	1,152	5thin

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	3rd Stage (7-9 mo)	Young/Middle Aged (2-8 yrs)	1,370	$1,820	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young/Middle Aged (2-8 yrs)	1,066	$1,470	7
Bred Cows	1st/2nd Stage (1-6 mo)	Young/Middle Aged (2-8 yrs)	970	$1,325	1thin
Cow-Calf Pairs	Open	Young/Middle Aged (2-8 yrs)	1,441	$2,260	10
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,335	$1,600	2thin

Every lot, as filed

62 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	350–400	369	322.43/cwt	317.50–325.00	1,190	4
Steers	Medium and Large 3	350–400	371	306.34/cwt	295.00–315.00	1,137	4
Steers	Medium and Large 1-2	650–700	650	238.00/cwt	238.00–238.00	1,547	5
Steers	Medium and Large 2	400–450	420	300.00/cwt	300.00–300.00	1,260	1
Steers	Medium and Large 2	250–300	265	322.50/cwt	322.50–322.50	855	1
Heifers	Medium and Large 3	450–500	479	227.70/cwt	220.00–232.50	1,091	9
Heifers	Medium and Large 3	350–400	378	244.41/cwt	240.00–250.00	924	3
Bulls	Medium and Large 1	800–850	815	190.00/cwt	190.00–190.00	1,549	1
Steers	Medium and Large 3	600–650	610	220.00/cwt	220.00–220.00	1,342	1
Steers	Medium and Large 3	500–550	533	245.33/cwt	240.00–250.00	1,308	3
Steers	Medium and Large 3	400–450	415	283.00/cwt	283.00–283.00	1,174	1
Steers	Medium and Large 1-2	550–600	554	261.00/cwt	261.00–261.00	1,446	12
Steers	Medium and Large 2	500–550	538	263.74/cwt	262.50–265.00	1,419	2
Heifers	Medium and Large 1-2	650–700	650	212.50/cwt	212.50–212.50	1,381	2
Steers	Medium and Large 1	300–350	320	340.00/cwt	340.00–340.00	1,088	1
Steers	Medium and Large 1-2	350–400	390	292.50/cwt	292.50–292.50	1,141	3
Steers	Medium and Large 1-2	600–650	640	239.55/cwt	229.00–247.00	1,533	29
Steers	Medium and Large 2	600–650	640	237.50/cwt	237.50–237.50	1,520	1
Steers	Medium and Large 3	550–600	556	246.25/cwt	240.00–250.00	1,369	4
Steers	Medium and Large 2	300–350	324	319.30/cwt	317.50–322.50	1,035	4
Steers	Medium and Large 1-2	500–550	540	258.80/cwt	254.00–270.00	1,398	13
Steers	Medium and Large 3	650–700	683	224.52/cwt	220.00–229.00	1,533	2
Steers	Medium and Large 2	550–600	565	266.25/cwt	265.00–267.50	1,504	2
Steers	Medium and Large 3	300–350	335	285.00/cwt	285.00–285.00	955	1
Steers	Medium and Large 3	450–500	467	276.22/cwt	270.00–285.00	1,290	8
Steers	Medium and Large 1-2	400–450	424	290.00/cwt	290.00–290.00	1,230	6
Steers	Medium and Large 2	200–250	235	327.50/cwt	327.50–327.50	770	1
Steers	Medium and Large 2	650–700	685	235.00/cwt	235.00–235.00	1,610	1
Bulls	Medium and Large 2	400–450	405	242.50/cwt	242.50–242.50	982	1
Bulls	Medium and Large 2	500–550	505	240.00/cwt	240.00–240.00	1,212	1
Bulls	Medium and Large 2	450–500	475	242.50/cwt	242.50–242.50	1,152	1
Cows	Boner 80-85%	—	1,176	127.22/cwt	121.00–129.50	1,496	10
Cows	Boner 80-85%	—	1,295	132.38/cwt	130.00–139.00	1,714	21
Cows	Lean 85-90%	—	940	129.18/cwt	128.25–130.00	1,214	2
Cows	Lean 85-90%	—	955	116.13/cwt	114.00–119.00	1,109	3
Bulls	—	—	1,650	169.00/cwt	169.00–169.00	2,789	1
Bulls	—	—	1,615	150.00/cwt	150.00–150.00	2,423	1
Bulls	—	—	1,080	136.00/cwt	136.00–136.00	1,469	1
Cow-Calf Pairs	Medium and Large 1	—	1,335	1,600.00/head	1,600.00–1,600.00	1,600	2
Cow-Calf Pairs	Medium and Large 1	—	1,298	2,072.35/head	1,800.00–2,350.00	2,072	4
Bred Cows	Medium and Large 1-2	—	1,066	1,470.06/head	925.00–1,700.00	1,470	7
Bred Cows	Medium and Large 1-2	—	1,370	1,820.00/head	1,820.00–1,820.00	1,820	1
Bred Cows	Medium and Large 1-2	—	970	1,325.00/head	1,325.00–1,325.00	1,325	1
Cow-Calf Pairs	Medium and Large 1	—	1,537	2,384.33/head	1,950.00–2,650.00	2,384	6
Heifers	Medium and Large 1	650–700	683	260.83/cwt	252.50–278.00	1,781	3
Heifers	Medium and Large 1-2	750–800	760	197.00/cwt	197.00–197.00	1,497	2
Bulls	Medium and Large 1	600–650	605	230.04/cwt	225.00–235.00	1,392	2
Bulls	Medium and Large 1	900–950	945	182.50/cwt	182.50–182.50	1,725	1
Bulls	Medium and Large 1	650–700	670	216.00/cwt	216.00–216.00	1,447	1
Bulls	Medium and Large 2	550–600	563	229.70/cwt	227.50–232.00	1,293	2
Heifers	Medium and Large 1	200–250	238	280.00/cwt	280.00–280.00	666	2
Heifers	Medium and Large 1	350–400	390	287.04/cwt	284.00–290.00	1,119	2
Heifers	Medium and Large 1-2	500–550	547	227.50/cwt	227.50–227.50	1,244	9
Heifers	Medium and Large 3	400–450	440	230.00/cwt	230.00–230.00	1,012	1
Heifers	Medium and Large 2	600–650	620	223.25/cwt	220.00–230.00	1,384	3
Heifers	Medium and Large 2	400–450	425	239.16/cwt	235.00–247.50	1,016	8
Heifers	Medium and Large 1-2	400–450	400	270.00/cwt	270.00–270.00	1,080	6
Heifers	Medium and Large 2	350–400	365	264.37/cwt	260.00–270.00	965	3
Heifers	Medium and Large 1	400–450	420	265.00/cwt	260.00–270.00	1,113	3
Steers	Medium and Large 1-2	750–800	790	208.50/cwt	208.50–208.50	1,647	5
Steers	Medium and Large 1-2	450–500	477	274.00/cwt	274.00–274.00	1,307	6
Heifers	Medium and Large 2	450–500	489	233.68/cwt	232.00–238.00	1,143	10

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 26, 2024

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

Feeder CattleReceipts 407Last week 321Year ago 435

Slaughter CattleReceipts 82Last week 19Year ago 95

Replacement CattleReceipts 30Last week 81Year ago 40

Market compared to last week, Feeder calves were mixed and slaughter cattle were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	200–250	235	327.50	327.50
1	250–300	265	322.50	322.50
4	300–350	324	317.50–322.50	319.30
4	350–400	369	317.50–325.00	322.43
1	400–450	420	300.00	300.00
2	500–550	538	262.50–265.00	263.74
2	550–600	565	265.00–267.50	266.25
1	600–650	640	237.50	237.50
1	650–700	685	235.00	235.00
Steers — Medium and Large 3$ per cwt · actual wt
1	300–350	335	285.00	285.00
4	350–400	371	295.00–315.00	306.34
1	400–450	415	283.00	283.00
8	450–500	467	270.00–285.00	276.22
3	500–550	533	240.00–250.00	245.33
4	550–600	556	240.00–250.00	246.25
1	600–650	610	220.00	220.00
2	650–700	683	220.00–229.00	224.52
Steers — Medium and Large 1-2$ per cwt · actual wt
3	350–400	390	292.50	292.50
6	400–450	424	290.00	290.00
6	450–500	477	274.00	274.00
13	500–550	540	254.00–270.00	258.80
12	550–600	554	261.00	261.00
29	600–650	640	229.00–247.00	239.55
5	650–700	650	238.00	238.00
5	750–800	790	208.50	208.50
Steers — Medium and Large 1$ per cwt · actual wt
1	300–350	320	340.00	340.00
Heifers — Medium and Large 3$ per cwt · actual wt
3	350–400	378	240.00–250.00	244.41
1	400–450	440	230.00	230.00
9	450–500	479	220.00–232.50	227.70
Heifers — Medium and Large 1-2$ per cwt · actual wt
6	400–450	400	270.00	270.00
9	500–550	547	227.50	227.50
2	650–700	650	212.50	212.50
2	750–800	760	197.00	197.00
Heifers — Medium and Large 1$ per cwt · actual wt
2	200–250	238	280.00	280.00
2	350–400	390	284.00–290.00	287.04
3	400–450	420	260.00–270.00	265.00
3	650–700	683	252.50–278.00	260.83
Heifers — Medium and Large 2$ per cwt · actual wt
3	350–400	365	260.00–270.00	264.37
8	400–450	425	235.00–247.50	239.16
10	450–500	489	232.00–238.00	233.68
3	600–650	620	220.00–230.00	223.25
Bulls — Medium and Large 1$ per cwt · actual wt
2	600–650	605	225.00–235.00	230.04
1	650–700	670	216.00	216.00
1	800–850	815	190.00	190.00
1	900–950	945	182.50	182.50
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	405	242.50	242.50
1	450–500	475	242.50	242.50
1	500–550	505	240.00	240.00
2	550–600	563	227.50–232.00	229.70

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
10	—	1,176	121.00–129.50	127.22
21	—	1,295	130.00–139.00	132.38
Cows — Lean 85-90%$ per cwt · actual wt
2	—	940	128.25–130.00	129.18
3	—	955	114.00–119.00	116.13
Bulls$ per cwt · actual wt
1	—	1,650	169.00	169.00
1	—	1,615	150.00	150.00
1	—	1,080	136.00	136.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Aged (>8 yrs)	Open	2	—	1,335	1,600.00	1,600.00
Young/Middle Aged (2-8 yrs)	Open	4	—	1,298	1,800.00–2,350.00	2,072.35
Young/Middle Aged (2-8 yrs)	Open	6	—	1,537	1,950.00–2,650.00	2,384.33
Bred Cows — Medium and Large 1-2$ per head · actual wt
Young/Middle Aged (2-8 yrs)	2nd/3rd Stage (4-9 mo)	7	—	1,066	925.00–1,700.00	1,470.06
Young/Middle Aged (2-8 yrs)	3rd Stage (7-9 mo)	1	—	1,370	1,820.00	1,820.00
Young/Middle Aged (2-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	970	1,325.00	1,325.00

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