Name: Meridian Livestock Auction livestock auction prices — 2024-09-02
Creator: RaisedBeef
Published: 2024-09-02

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady to ten higher. Slaughter cattle 5-7 lower. Had some nice replacement cows today.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $260.34/cwt on 19 head. That ranks 1 of 19 comparable sales and sits −183.55 against this barn's trailing median of $443.89.

Average price

$260.34

19 head · 541 lb average

Value per head Derived

$1,408

Price × average weight ÷ 100

Grade differential Derived

$20

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

$26.25/cwt at this weight

vs the market

+10.13

vs MS average

−9.06 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	510	280.01	1,428	3thin
Medium and Large 2	536	260.38	1,395	7thin
Medium and Large 3	555	253.76	1,408	9thin

One grade step is worth $26.25/cwt here — about $20 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 sale19 hd

260.34

—

MS average13 barns · 526 hd

250.22

+10.13

National average147 barns · 6,928 hd

269.40

−9.06

This barn, trailing median19 sales

443.89

−183.55

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	1,649	155.00	2,556	5thin
Cows	Boner 80-85%	Average	1,275	126.21	1,609	8thin
Cows	Breaker 75-80%	Average	1,407	118.85	1,672	3thin
Cows	Lean 85-90%	Average	1,075	111.81	1,202	10

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)	Young (2-4 yrs)	1,018	$1,713	2thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,240	$1,680	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,222	$1,679	4thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	945	$1,150	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,508	$2,621	6
Cow-Calf Pairs	1st Stage (1-3 mo)	Young (2-4 yrs)	1,175	$2,525	2thin

Every lot, as filed

64 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	700–750	715	213.00/cwt	213.00–213.00	1,523	1
Heifers	Medium and Large 2	400–450	418	251.54/cwt	250.00–253.00	1,051	2
Heifers	Medium and Large 2	300–350	325	258.00/cwt	258.00–258.00	839	1
Steers	Medium and Large 1	350–400	357	320.80/cwt	320.00–321.00	1,145	5
Steers	Medium and Large 1	300–350	323	319.05/cwt	313.00–325.00	1,031	2
Steers	Medium and Large 2	600–650	605	225.00/cwt	225.00–225.00	1,361	1
Steers	Medium and Large 1	500–550	510	280.01/cwt	277.00–282.00	1,428	3
Heifers	Medium and Large 2	500–550	535	220.00/cwt	220.00–220.00	1,177	1
Heifers	Medium and Large 2	600–650	636	216.45/cwt	215.00–218.00	1,377	9
Steers	Medium and Large 1	400–450	438	308.73/cwt	305.00–311.00	1,352	4
Steers	Medium and Large 2	300–350	317	298.65/cwt	291.00–305.00	947	3
Steers	Medium and Large 1-2	750–800	795	220.00/cwt	220.00–220.00	1,749	6
Steers	Medium and Large 1-2	700–750	711	223.00/cwt	223.00–223.00	1,586	5
Heifers	Medium and Large 1	250–300	270	283.00/cwt	283.00–283.00	764	1
Heifers	Medium and Large 2	550–600	568	223.14/cwt	221.00–225.00	1,267	8
Steers	Medium and Large 3	350–400	353	287.01/cwt	285.00–289.00	1,013	2
Steers	Medium and Large 2	550–600	570	260.00/cwt	260.00–260.00	1,482	1
Steers	Medium and Large 2	500–550	530	260.44/cwt	259.00–264.00	1,380	6
Steers	Medium and Large 2	650–700	686	225.48/cwt	224.00–227.00	1,547	10
Steers	Medium and Large 1	200–250	240	398.00/cwt	398.00–398.00	955	1
Steers	Medium and Large 1	600–650	625	250.00/cwt	250.00–250.00	1,563	1
Steers	Medium and Large 3	450–500	480	279.02/cwt	277.00–281.00	1,339	2
Steers	Medium and Large 2	700–750	715	217.00/cwt	217.00–217.00	1,552	1
Steers	Medium and Large 3	550–600	571	252.78/cwt	247.00–258.00	1,443	5
Steers	Medium and Large 2	450–500	482	294.72/cwt	293.00–295.00	1,421	7
Steers	Medium and Large 2	400–450	440	300.00/cwt	300.00–300.00	1,320	1
Bulls	Medium and Large 1	850–900	855	180.00/cwt	180.00–180.00	1,539	1
Bulls	Medium and Large 1	550–600	567	233.67/cwt	232.00–236.00	1,325	3
Bulls	Medium and Large 2	500–550	505	230.00/cwt	230.00–230.00	1,162	1
Bulls	Medium and Large 2	750–800	765	185.00/cwt	185.00–185.00	1,415	1
Bulls	Medium and Large 3	550–600	565	231.85/cwt	215.00–249.00	1,310	2
Bulls	Medium and Large 2	450–500	460	249.50/cwt	246.00–253.00	1,148	2
Cows	Lean 85-90%	—	1,068	117.18/cwt	113.00–121.50	1,251	5
Cows	Lean 85-90%	—	1,058	110.01/cwt	109.00–111.00	1,164	3
Cows	Breaker 75-80%	—	1,407	118.85/cwt	118.00–120.00	1,672	3
Cows	Boner 80-85%	—	1,266	128.28/cwt	126.50–131.00	1,624	4
Cows	Boner 80-85%	—	1,284	124.14/cwt	122.50–125.50	1,594	4
Cows	Lean 85-90%	—	1,118	101.10/cwt	100.00–102.00	1,130	2
Bulls	—	—	1,828	159.36/cwt	156.00–163.00	2,913	3
Bulls	—	—	1,380	148.46/cwt	148.00–149.00	2,049	2
Cow-Calf Pairs	Medium and Large 1	—	1,495	2,825.00/head	2,825.00–2,825.00	2,825	2
Bred Cows	Medium and Large 1	—	1,293	1,714.73/head	1,620.00–1,770.00	1,715	3
Bred Cows	Medium and Large 2	—	1,010	1,570.00/head	1,570.00–1,570.00	1,570	1
Bred Cows	Medium and Large 1	—	1,240	1,680.00/head	1,680.00–1,680.00	1,680	1
Bred Cows	Medium and Large 2	—	945	1,150.00/head	1,150.00–1,150.00	1,150	1
Bred Cows	Medium and Large 1	—	1,220	2,025.00/head	2,025.00–2,025.00	2,025	1
Bred Cows	Medium and Large 2	—	815	1,400.00/head	1,400.00–1,400.00	1,400	1
Cow-Calf Pairs	Medium and Large 1	—	1,175	2,525.00/head	2,525.00–2,525.00	2,525	2
Cow-Calf Pairs	Medium and Large 1	—	1,515	2,518.40/head	2,375.00–2,650.00	2,518	4
Heifers	Medium and Large 3	400–450	440	235.50/cwt	233.00–238.00	1,036	2
Heifers	Medium and Large 3	750–800	755	185.00/cwt	185.00–185.00	1,397	1
Bulls	Medium and Large 2	550–600	558	224.48/cwt	223.00–226.00	1,253	2
Bulls	Medium and Large 1	650–700	675	212.00/cwt	212.00–212.00	1,431	1
Bulls	Medium and Large 1	600–650	605	215.00/cwt	215.00–215.00	1,301	1
Bulls	Medium and Large 1	500–550	515	242.00/cwt	242.00–242.00	1,246	1
Heifers	Medium and Large 1	350–400	360	273.49/cwt	273.00–274.00	985	2
Heifers	Medium and Large 1	300–350	325	275.42/cwt	270.00–281.00	895	2
Heifers	Medium and Large 1	550–600	580	229.00/cwt	229.00–229.00	1,328	1
Bulls	Medium and Large 1	450–500	468	260.08/cwt	255.00–265.00	1,217	2
Heifers	Medium and Large 2	450–500	458	247.37/cwt	242.00–251.00	1,133	3
Heifers	Medium and Large 3	450–500	493	230.50/cwt	230.00–231.00	1,136	2
Steers	Medium and Large 3	500–550	535	254.99/cwt	252.00–256.00	1,364	4
Heifers	Medium and Large 2	350–400	350	265.00/cwt	265.00–265.00	928	1
Heifers	Medium and Large 1	400–450	427	258.71/cwt	255.00–265.00	1,105	3

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 Sep 2, 2024

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

Feeder CattleReceipts 281Last week 407Year ago 358

Slaughter CattleReceipts 54Last week 82Year ago 90

Replacement CattleReceipts 50Last week 30Year ago 66

Good day, as compared to the last market feeder calves were steady to ten higher. Slaughter cattle 5-7 lower. Had some nice replacement cows today.

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	325	258.00	258.00
1	350–400	350	265.00	265.00
2	400–450	418	250.00–253.00	251.54
3	450–500	458	242.00–251.00	247.37
1	500–550	535	220.00	220.00
8	550–600	568	221.00–225.00	223.14
9	600–650	636	215.00–218.00	216.45
1	700–750	715	213.00	213.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	250–300	270	283.00	283.00
2	300–350	325	270.00–281.00	275.42
2	350–400	360	273.00–274.00	273.49
3	400–450	427	255.00–265.00	258.71
1	550–600	580	229.00	229.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	400–450	440	233.00–238.00	235.50
2	450–500	493	230.00–231.00	230.50
1	750–800	755	185.00	185.00
Steers — Medium and Large 1$ per cwt · actual wt
1	200–250	240	398.00	398.00
2	300–350	323	313.00–325.00	319.05
5	350–400	357	320.00–321.00	320.80
4	400–450	438	305.00–311.00	308.73
3	500–550	510	277.00–282.00	280.01
1	600–650	625	250.00	250.00
Steers — Medium and Large 2$ per cwt · actual wt
3	300–350	317	291.00–305.00	298.65
1	400–450	440	300.00	300.00
7	450–500	482	293.00–295.00	294.72
6	500–550	530	259.00–264.00	260.44
1	550–600	570	260.00	260.00
1	600–650	605	225.00	225.00
10	650–700	686	224.00–227.00	225.48
1	700–750	715	217.00	217.00
Steers — Medium and Large 1-2$ per cwt · actual wt
5	700–750	711	223.00	223.00
6	750–800	795	220.00	220.00
Steers — Medium and Large 3$ per cwt · actual wt
2	350–400	353	285.00–289.00	287.01
2	450–500	480	277.00–281.00	279.02
4	500–550	535	252.00–256.00	254.99
5	550–600	571	247.00–258.00	252.78
Bulls — Medium and Large 1$ per cwt · actual wt
2	450–500	468	255.00–265.00	260.08
1	500–550	515	242.00	242.00
3	550–600	567	232.00–236.00	233.67
1	600–650	605	215.00	215.00
1	650–700	675	212.00	212.00
1	850–900	855	180.00	180.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	450–500	460	246.00–253.00	249.50
1	500–550	505	230.00	230.00
2	550–600	558	223.00–226.00	224.48
1	750–800	765	185.00	185.00
Bulls — Medium and Large 3$ per cwt · actual wt
2	550–600	565	215.00–249.00	231.85

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
5	—	1,068	113.00–121.50	117.18
3	—	1,058	109.00–111.00	110.01
2	—	1,118	100.00–102.00	101.10
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,407	118.00–120.00	118.85
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,266	126.50–131.00	128.28
4	—	1,284	122.50–125.50	124.14
Bulls$ per cwt · actual wt
3	—	1,828	156.00–163.00	159.36
2	—	1,380	148.00–149.00	148.46

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
Middle Aged (5-8 yrs)	Open	2	—	1,495	2,825.00	2,825.00
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	1,175	2,525.00	2,525.00
Middle Aged (5-8 yrs)	Open	4	—	1,515	2,375.00–2,650.00	2,518.40
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,293	1,620.00–1,770.00	1,714.73
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,240	1,680.00	1,680.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,220	2,025.00	2,025.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,010	1,570.00	1,570.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	945	1,150.00	1,150.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	815	1,400.00	1,400.00

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