Name: Meridian Livestock Auction livestock auction prices — 2024-09-23
Creator: RaisedBeef
Published: 2024-09-23

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady, but higher in spots. Slaughter cattle a little weaker.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $251.60/cwt on 8 head. That ranks 1 of 20 comparable sales and sits −192.27 against this barn's trailing median of $443.87.

Average price

$251.60

8 head · 550 lb average

Value per head Derived

$1,384

Price × average weight ÷ 100

Grade differential Derived

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

$37.49/cwt at this weight

vs the market

+4.53

vs MS average

−22.69 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	510	271.00	1,382	1thin
Medium and Large 2	543	254.96	1,384	5thin
Medium and Large 3	588	233.51	1,373	2thin

One grade step is worth $37.49/cwt here — about $9 a head. Across this sale the premium is widest at 200–300 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 sale8 hd

251.60

—

MS average11 barns · 259 hd

247.07

+4.53

National average169 barns · 10,664 hd

274.29

−22.69

This barn, trailing median20 sales

443.87

−192.27

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	1,222	132.12	1,614	6thin
Cows	Boner 80-85%	Low	1,156	112.41	1,299	7thin
Cows	Breaker 75-80%	Average	1,775	105.00	1,864	1thin
Cows	Lean 85-90%	Low	1,160	99.74	1,157	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	1st Stage (1-3 mo)	Young (2-4 yrs)	925	$1,600	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,263	$1,473	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
Heifers	Medium and Large 2	650–700	681	211.66/cwt	210.00–212.00	1,441	6
Heifers	Medium and Large 3	350–400	365	257.00/cwt	257.00–257.00	938	1
Heifers	Medium and Large 1	500–550	517	230.01/cwt	228.00–232.00	1,189	3
Steers	Medium and Large 3	550–600	588	233.51/cwt	230.00–237.00	1,373	2
Steers	Medium and Large 2	450–500	483	274.54/cwt	272.00–277.00	1,326	2
Heifers	Medium and Large 3	400–450	445	232.00/cwt	232.00–232.00	1,032	1
Heifers	Medium and Large 2	500–550	530	213.98/cwt	212.00–216.00	1,134	2
Heifers	Medium and Large 1	550–600	585	228.00/cwt	228.00–228.00	1,334	1
Heifers	Medium and Large 1	200–250	243	320.10/cwt	310.00–330.00	778	2
Steers	Medium and Large 1	800–850	813	215.00/cwt	215.00–215.00	1,748	4
Steers	Medium and Large 2	250–300	270	299.58/cwt	290.00–307.00	809	3
Steers	Medium and Large 1	700–750	705	228.00/cwt	228.00–228.00	1,607	1
Steers	Medium and Large 1	250–300	260	340.00/cwt	340.00–340.00	884	1
Steers	Medium and Large 1	650–700	677	227.17/cwt	227.00–228.00	1,538	6
Steers	Medium and Large 1	450–500	452	290.66/cwt	283.00–294.00	1,314	6
Steers	Medium and Large 1	500–550	510	271.00/cwt	271.00–271.00	1,382	1
Steers	Medium and Large 1	600–650	635	227.00/cwt	227.00–227.00	1,441	1
Steers	Medium and Large 2	650–700	655	218.00/cwt	218.00–218.00	1,428	1
Steers	Medium and Large 1	300–350	310	306.72/cwt	300.00–310.00	951	3
Steers	Medium and Large 1	750–800	753	221.00/cwt	221.00–221.00	1,664	2
Steers	Medium and Large 2	400–450	438	264.98/cwt	261.00–269.00	1,161	2
Steers	Medium and Large 2	300–350	345	291.00/cwt	291.00–291.00	1,004	1
Steers	Medium and Large 2	550–600	570	254.02/cwt	253.00–255.00	1,448	2
Steers	Medium and Large 2	350–400	385	283.00/cwt	283.00–283.00	1,090	1
Steers	Medium and Large 2	500–550	525	255.58/cwt	251.00–259.00	1,342	3
Bulls	Medium and Large 1	550–600	570	235.00/cwt	235.00–235.00	1,340	1
Bulls	Medium and Large 1	500–550	533	240.96/cwt	238.00–244.00	1,284	2
Bulls	Medium and Large 2	650–700	688	205.47/cwt	203.00–208.00	1,414	2
Bulls	Medium and Large 2	550–600	565	224.00/cwt	222.00–226.00	1,266	2
Bulls	Medium and Large 3	550–600	560	218.00/cwt	218.00–218.00	1,221	1
Bulls	Medium and Large 3	400–450	445	246.00/cwt	246.00–246.00	1,095	1
Cows	Lean 85-90%	—	1,260	96.21/cwt	94.00–98.50	1,212	3
Cows	Breaker 75-80%	—	1,775	105.00/cwt	105.00–105.00	1,864	1
Cows	Lean 85-90%	—	1,143	107.77/cwt	106.50–110.00	1,232	4
Cows	Lean 85-90%	—	1,045	88.98/cwt	87.50–90.50	930	2
Cows	Boner 80-85%	—	1,122	110.76/cwt	110.00–111.50	1,243	3
Cows	Boner 80-85%	—	1,181	113.64/cwt	112.00–116.00	1,342	4
Bulls	—	—	1,615	153.24/cwt	153.00–153.50	2,475	2
Bulls	—	—	997	117.74/cwt	115.00–120.00	1,174	3
Bulls	—	—	1,110	133.00/cwt	133.00–133.00	1,476	1
Bred Cows	Medium and Large 2	—	1,263	1,473.49/head	1,389.00–1,550.00	1,473	2
Bred Cows	Medium and Large 1	—	925	1,600.00/head	1,600.00–1,600.00	1,600	1
Bulls	Medium and Large 2	450–500	470	254.42/cwt	252.00–257.00	1,196	2
Heifers	Medium and Large 3	450–500	481	231.31/cwt	228.00–235.00	1,113	4
Heifers	Medium and Large 3	300–350	337	257.64/cwt	254.00–261.00	868	3
Bulls	Medium and Large 1	400–450	405	280.00/cwt	280.00–280.00	1,134	1
Bulls	Medium and Large 1	450–500	475	273.00/cwt	273.00–273.00	1,297	1
Bulls	Medium and Large 1	750–800	755	199.00/cwt	199.00–199.00	1,502	1
Heifers	Medium and Large 2	300–350	319	267.80/cwt	265.00–273.00	854	4
Heifers	Medium and Large 1	400–450	430	256.00/cwt	256.00–256.00	1,101	1
Heifers	Medium and Large 2	600–650	613	217.01/cwt	215.00–219.00	1,330	2
Bulls	Medium and Large 2	400–450	423	255.68/cwt	251.00–261.00	1,082	4
Bulls	Medium and Large 1	600–650	613	216.49/cwt	213.00–220.00	1,327	2
Bulls	Medium and Large 2	500–550	525	225.00/cwt	221.00–229.00	1,181	2
Steers	Medium and Large 3	350–400	380	273.04/cwt	270.00–276.00	1,038	2
Heifers	Medium and Large 1	1150–1200	1,172	152.00/cwt	152.00–152.00	1,781	2
Heifers	Medium and Large 2	700–750	734	209.00/cwt	209.00–209.00	1,534	5
Heifers	Medium and Large 2	550–600	550	214.00/cwt	214.00–214.00	1,177	1
Heifers	Medium and Large 2	400–450	445	239.00/cwt	239.00–239.00	1,064	1
Heifers	Medium and Large 1	800–850	800	201.00/cwt	201.00–201.00	1,608	1
Steers	Medium and Large 1	400–450	420	290.00/cwt	284.00–296.00	1,218	2
Heifers	Medium and Large 1	600–650	613	220.50/cwt	220.00–222.00	1,352	4

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 23, 2024

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

Feeder CattleReceipts 202Last week 142Year ago 557

Slaughter CattleReceipts 34Last week 25Year ago 99

Replacement CattleReceipts 16Last week 10Year ago 24

Good day, as compared to the last market feeder calves were steady, but higher in spots. Slaughter cattle a little weaker.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
4	300–350	319	265.00–273.00	267.80
1	400–450	445	239.00	239.00
2	500–550	530	212.00–216.00	213.98
1	550–600	550	214.00	214.00
2	600–650	613	215.00–219.00	217.01
6	650–700	681	210.00–212.00	211.66
5	700–750	734	209.00	209.00
Heifers — Medium and Large 3$ per cwt · actual wt
3	300–350	337	254.00–261.00	257.64
1	350–400	365	257.00	257.00
1	400–450	445	232.00	232.00
4	450–500	481	228.00–235.00	231.31
Heifers — Medium and Large 1$ per cwt · actual wt
2	200–250	243	310.00–330.00	320.10
1	400–450	430	256.00	256.00
3	500–550	517	228.00–232.00	230.01
1	550–600	585	228.00	228.00
4	600–650	613	220.00–222.00	220.50
1	800–850	800	201.00	201.00
2	1150–1200	1,172	152.00	152.00
Steers — Medium and Large 3$ per cwt · actual wt
2	350–400	380	270.00–276.00	273.04
2	550–600	588	230.00–237.00	233.51
Steers — Medium and Large 2$ per cwt · actual wt
3	250–300	270	290.00–307.00	299.58
1	300–350	345	291.00	291.00
1	350–400	385	283.00	283.00
2	400–450	438	261.00–269.00	264.98
2	450–500	483	272.00–277.00	274.54
3	500–550	525	251.00–259.00	255.58
2	550–600	570	253.00–255.00	254.02
1	650–700	655	218.00	218.00
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	260	340.00	340.00
3	300–350	310	300.00–310.00	306.72
2	400–450	420	284.00–296.00	290.00
6	450–500	452	283.00–294.00	290.66
1	500–550	510	271.00	271.00
1	600–650	635	227.00	227.00
6	650–700	677	227.00–228.00	227.17
1	700–750	705	228.00	228.00
2	750–800	753	221.00	221.00
4	800–850	813	215.00	215.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	405	280.00	280.00
1	450–500	475	273.00	273.00
2	500–550	533	238.00–244.00	240.96
1	550–600	570	235.00	235.00
2	600–650	613	213.00–220.00	216.49
1	750–800	755	199.00	199.00
Bulls — Medium and Large 2$ per cwt · actual wt
4	400–450	423	251.00–261.00	255.68
2	450–500	470	252.00–257.00	254.42
2	500–550	525	221.00–229.00	225.00
2	550–600	565	222.00–226.00	224.00
2	650–700	688	203.00–208.00	205.47
Bulls — Medium and Large 3$ per cwt · actual wt
1	400–450	445	246.00	246.00
1	550–600	560	218.00	218.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,260	94.00–98.50	96.21
4	—	1,143	106.50–110.00	107.77
2	—	1,045	87.50–90.50	88.98
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,775	105.00	105.00
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,122	110.00–111.50	110.76
4	—	1,181	112.00–116.00	113.64
Bulls$ per cwt · actual wt
2	—	1,615	153.00–153.50	153.24
3	—	997	115.00–120.00	117.74
1	—	1,110	133.00	133.00

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)	2	—	1,263	1,389.00–1,550.00	1,473.49
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	925	1,600.00	1,600.00

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