Name: Meridian Livestock Auction livestock auction prices — 2024-09-16
Creator: RaisedBeef
Published: 2024-09-16

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers seemed steady, and heifers steady to a little cheaper in spots. Slaughter cows took a hit, ten cheaper and bulls 5-7 lower.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $227.74/cwt on 15 head. That ranks 1 of 15 comparable sales and sits −173.60 against this barn's trailing median of $401.34.

Average price

$227.74

15 head · 565 lb average

Value per head Derived

$1,287

Price × average weight ÷ 100

Grade differential Derived

$183

per head · Medium and Large 1-2 over Medium and Large 2

$14.00/cwt at this weight

vs the market

+4.17

vs MS average

−9.27 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	591	232.00	1,371	9thin
Medium and Large 1	523	222.02	1,162	5thin
Medium and Large 2	545	218.00	1,188	1thin

One grade step is worth $14.00/cwt here — about $183 a head. Across this sale the premium is widest at 400–500 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 sale15 hd

227.74

—

MS average12 barns · 308 hd

223.56

+4.17

National average181 barns · 11,482 hd

237.01

−9.27

This barn, trailing median15 sales

401.34

−173.60

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	1,592	143.33	2,281	3thin
Cows	Boner 80-85%	Low	1,262	116.82	1,475	5thin
Cows	Lean 85-90%	Low	1,103	96.79	1,068	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 Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,485	$1,740	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,010	$1,245	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,175	$1,875	2thin

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
Heifers	Medium and Large 1	950–1000	965	185.00/cwt	185.00–185.00	1,785	1
Steers	Medium and Large 2	450–500	480	267.04/cwt	265.00–269.00	1,282	2
Heifers	Medium and Large 2	450–500	486	240.98/cwt	230.00–245.00	1,171	6
Heifers	Medium and Large 1-2	1150–1200	1,160	164.00/cwt	164.00–164.00	1,902	7
Heifers	Medium and Large 2	400–450	440	233.00/cwt	233.00–233.00	1,025	1
Heifers	Medium and Large 2	750–800	760	200.00/cwt	200.00–200.00	1,520	2
Heifers	Medium and Large 3	450–500	465	216.00/cwt	216.00–216.00	1,004	1
Steers	Medium and Large 1	950–1000	985	208.00/cwt	208.00–208.00	2,049	1
Steers	Medium and Large 1	300–350	330	295.00/cwt	295.00–295.00	974	1
Steers	Medium and Large 1	200–250	240	330.00/cwt	330.00–330.00	792	1
Steers	Medium and Large 2	300–350	345	288.00/cwt	288.00–288.00	994	1
Steers	Medium and Large 3	600–650	635	215.00/cwt	215.00–215.00	1,365	1
Steers	Medium and Large 3	450–500	450	248.00/cwt	248.00–248.00	1,116	1
Steers	Medium and Large 1	600–650	610	236.51/cwt	235.00–238.00	1,443	2
Steers	Medium and Large 2	700–750	730	211.00/cwt	211.00–211.00	1,540	1
Steers	Medium and Large 2	400–450	408	266.54/cwt	260.00–273.00	1,087	2
Steers	Medium and Large 1	400–450	442	282.02/cwt	280.00–283.00	1,247	3
Steers	Medium and Large 1	350–400	360	301.50/cwt	300.00–303.00	1,085	2
Steers	Medium and Large 1	500–550	519	252.23/cwt	250.00–256.00	1,309	4
Steers	Medium and Large 2	550–600	573	244.01/cwt	243.00–245.00	1,398	2
Steers	Medium and Large 2	600–650	620	228.00/cwt	228.00–228.00	1,414	1
Bulls	Medium and Large 1	400–450	435	256.00/cwt	256.00–256.00	1,114	1
Bulls	Medium and Large 1	450–500	475	257.24/cwt	257.00–258.00	1,222	4
Bulls	Medium and Large 2	700–750	743	203.51/cwt	202.00–205.00	1,512	2
Bulls	Medium and Large 2	600–650	610	200.00/cwt	200.00–200.00	1,220	1
Bulls	Medium and Large 2	500–550	510	235.00/cwt	235.00–235.00	1,199	1
Bulls	Medium and Large 3	500–550	545	224.00/cwt	224.00–224.00	1,221	1
Cows	Lean 85-90%	—	1,040	91.38/cwt	87.00–97.00	950	3
Cows	Boner 80-85%	—	1,400	111.00/cwt	111.00–111.00	1,554	1
Cows	Lean 85-90%	—	1,035	79.77/cwt	77.00–83.00	826	2
Cows	Lean 85-90%	—	1,185	109.35/cwt	107.00–111.00	1,296	4
Bulls	—	—	1,675	153.00/cwt	153.00–153.00	2,563	1
Cows	Boner 80-85%	—	1,228	118.28/cwt	116.50–119.50	1,452	4
Bulls	—	—	1,145	130.00/cwt	130.00–130.00	1,489	1
Bulls	—	—	1,955	147.00/cwt	147.00–147.00	2,874	1
Cow-Calf Pairs	Medium and Large 1	—	1,175	1,875.00/head	1,875.00–1,875.00	1,875	2
Bred Cows	Medium and Large 1	—	1,485	1,740.00/head	1,740.00–1,740.00	1,740	1
Bred Cows	Medium and Large 2	—	1,010	1,245.00/head	1,245.00–1,245.00	1,245	1
Bulls	Medium and Large 2	650–700	690	205.00/cwt	205.00–205.00	1,415	1
Bulls	Medium and Large 3	550–600	575	228.00/cwt	228.00–228.00	1,311	1
Heifers	Medium and Large 1	500–550	514	222.77/cwt	220.00–225.00	1,145	4
Bulls	Medium and Large 1	500–550	530	240.00/cwt	240.00–240.00	1,272	1
Bulls	Medium and Large 2	450–500	473	241.37/cwt	238.00–245.00	1,142	2
Bulls	Medium and Large 1	600–650	618	214.78/cwt	211.00–219.00	1,327	4
Steers	Medium and Large 3	250–300	260	303.00/cwt	303.00–303.00	788	1
Heifers	Medium and Large 1	600–650	623	209.03/cwt	208.00–210.00	1,302	2
Heifers	Medium and Large 1-2	1300–1350	1,300	155.00/cwt	155.00–155.00	2,015	5
Heifers	Medium and Large 2	950–1000	960	170.00/cwt	170.00–170.00	1,632	2
Heifers	Medium and Large 2	500–550	545	218.00/cwt	218.00–218.00	1,188	1
Heifers	Medium and Large 1	350–400	375	266.56/cwt	265.00–268.00	1,000	2
Steers	Medium and Large 1	650–700	660	230.00/cwt	230.00–230.00	1,518	1
Heifers	Medium and Large 1	550–600	560	219.00/cwt	219.00–219.00	1,226	1
Heifers	Medium and Large 1-2	550–600	591	232.00/cwt	232.00–232.00	1,371	9
Heifers	Medium and Large 1	400–450	413	255.27/cwt	250.00–261.00	1,054	5
Heifers	Medium and Large 1	250–300	265	315.00/cwt	315.00–315.00	835	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 Sep 16, 2024

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

Feeder CattleReceipts 142Last week 476Year ago 525

Slaughter CattleReceipts 25Last week 46Year ago 71

Replacement CattleReceipts 10Last week 20Year ago 24

Good day, as compared to the last market feeder steers seemed steady, and heifers steady to a little cheaper in spots. Slaughter cows took a hit, ten cheaper and bulls 5-7 lower.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	250–300	265	315.00	315.00
2	350–400	375	265.00–268.00	266.56
5	400–450	413	250.00–261.00	255.27
4	500–550	514	220.00–225.00	222.77
1	550–600	560	219.00	219.00
2	600–650	623	208.00–210.00	209.03
1	950–1000	965	185.00	185.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	400–450	440	233.00	233.00
6	450–500	486	230.00–245.00	240.98
1	500–550	545	218.00	218.00
2	750–800	760	200.00	200.00
2	950–1000	960	170.00	170.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
9	550–600	591	232.00	232.00
7	1150–1200	1,160	164.00	164.00
5	1300–1350	1,300	155.00	155.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	450–500	465	216.00	216.00
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	345	288.00	288.00
2	400–450	408	260.00–273.00	266.54
2	450–500	480	265.00–269.00	267.04
2	550–600	573	243.00–245.00	244.01
1	600–650	620	228.00	228.00
1	700–750	730	211.00	211.00
Steers — Medium and Large 1$ per cwt · actual wt
1	200–250	240	330.00	330.00
1	300–350	330	295.00	295.00
2	350–400	360	300.00–303.00	301.50
3	400–450	442	280.00–283.00	282.02
4	500–550	519	250.00–256.00	252.23
2	600–650	610	235.00–238.00	236.51
1	650–700	660	230.00	230.00
1	950–1000	985	208.00	208.00
Steers — Medium and Large 3$ per cwt · actual wt
1	250–300	260	303.00	303.00
1	450–500	450	248.00	248.00
1	600–650	635	215.00	215.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	435	256.00	256.00
4	450–500	475	257.00–258.00	257.24
1	500–550	530	240.00	240.00
4	600–650	618	211.00–219.00	214.78
Bulls — Medium and Large 2$ per cwt · actual wt
2	450–500	473	238.00–245.00	241.37
1	500–550	510	235.00	235.00
1	600–650	610	200.00	200.00
1	650–700	690	205.00	205.00
2	700–750	743	202.00–205.00	203.51
Bulls — Medium and Large 3$ per cwt · actual wt
1	500–550	545	224.00	224.00
1	550–600	575	228.00	228.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,040	87.00–97.00	91.38
2	—	1,035	77.00–83.00	79.77
4	—	1,185	107.00–111.00	109.35
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,400	111.00	111.00
4	—	1,228	116.50–119.50	118.28
Bulls$ per cwt · actual wt
1	—	1,675	153.00	153.00
1	—	1,145	130.00	130.00
1	—	1,955	147.00	147.00

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
Middle Aged (5-8 yrs)	Open	2	—	1,175	1,875.00	1,875.00
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,485	1,740.00	1,740.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,010	1,245.00	1,245.00

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

Slaughter Cattle

Replacement Cattle