Name: Meridian Livestock Auction livestock auction prices — 2024-09-30
Creator: RaisedBeef
Published: 2024-09-30

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady to 5 higher and had a very small offering of slaughter cattle, so no trends there.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $264.57/cwt on 24 head. That ranks 1 of 19 comparable sales and sits −179.32 against this barn's trailing median of $443.89.

Average price

$264.57

24 head · 541 lb average

Value per head Derived

$1,432

Price × average weight ÷ 100

Grade differential Derived

$118

per head · Medium and Large 1-2 over Medium and Large 3

$46.38/cwt at this weight

vs the market

+16.09

vs MS average

−22.25 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	529	277.18	1,466	15thin
Medium and Large 1	522	264.34	1,380	3thin
Medium and Large 2	570	245.00	1,397	1thin
Medium and Large 3	584	230.80	1,348	5thin

One grade step is worth $46.38/cwt here — about $118 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

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 sale24 hd

264.57

—

MS average12 barns · 312 hd

248.48

+16.09

National average167 barns · 15,497 hd

286.82

−22.25

This barn, trailing median19 sales

443.89

−179.32

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	1,562	142.19	2,221	3thin
Cows	Boner 80-85%	Low	1,342	117.99	1,583	3thin
Cows	Lean 85-90%	Very Low	1,045	100.10	1,046	7thin

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)	1,290	$1,500	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,180	$1,800	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
Steers	Medium and Large 1	450–500	460	282.00/cwt	282.00–282.00	1,297	1
Steers	Medium and Large 2	200–250	235	330.00/cwt	330.00–330.00	776	1
Heifers	Medium and Large 1	400–450	413	247.51/cwt	245.00–251.00	1,022	4
Heifers	Medium and Large 1	700–750	713	376.90/cwt	210.00–710.00	2,687	3
Steers	Medium and Large 1	400–450	412	284.00/cwt	280.00–288.00	1,170	3
Steers	Medium and Large 1	300–350	328	320.40/cwt	313.00–325.00	1,051	3
Steers	Medium and Large 1-2	500–550	529	277.18/cwt	273.00–285.00	1,466	15
Steers	Medium and Large 1	700–750	730	230.00/cwt	230.00–230.00	1,679	7
Steers	Medium and Large 3	500–550	540	238.00/cwt	238.00–238.00	1,285	1
Heifers	Medium and Large 2	550–600	558	224.35/cwt	220.00–225.00	1,252	8
Steers	Medium and Large 1	500–550	522	264.34/cwt	261.00–266.00	1,380	3
Steers	Medium and Large 1	600–650	605	231.00/cwt	231.00–231.00	1,398	1
Steers	Medium and Large 3	550–600	595	229.00/cwt	229.00–229.00	1,363	4
Steers	Medium and Large 2	600–650	610	225.00/cwt	225.00–225.00	1,373	1
Steers	Medium and Large 1	1200–1250	1,210	200.00/cwt	200.00–200.00	2,420	1
Steers	Medium and Large 1	350–400	350	313.00/cwt	313.00–313.00	1,096	1
Steers	Medium and Large 2	400–450	415	277.00/cwt	277.00–277.00	1,150	1
Steers	Medium and Large 2	700–750	728	218.56/cwt	215.00–222.00	1,591	2
Steers	Medium and Large 2	450–500	470	272.93/cwt	270.00–275.00	1,283	3
Steers	Medium and Large 2	300–350	328	304.50/cwt	299.00–310.00	999	3
Steers	Medium and Large 1-2	600–650	633	249.00/cwt	249.00–249.00	1,576	6
Steers	Medium and Large 1	250–300	285	368.00/cwt	368.00–368.00	1,049	1
Steers	Medium and Large 1-2	400–450	406	290.00/cwt	290.00–290.00	1,177	7
Steers	Medium and Large 3	300–350	345	286.00/cwt	286.00–286.00	987	1
Steers	Medium and Large 2	550–600	570	245.00/cwt	245.00–245.00	1,397	1
Steers	Medium and Large 1	650–700	685	230.00/cwt	230.00–230.00	1,576	1
Bulls	Medium and Large 1	700–750	725	201.00/cwt	201.00–201.00	1,457	1
Bulls	Medium and Large 2	550–600	560	232.98/cwt	231.00–235.00	1,305	2
Bulls	Medium and Large 3	700–750	730	186.47/cwt	185.00–188.00	1,361	2
Bulls	Medium and Large 2	450–500	473	252.38/cwt	250.00–255.00	1,194	2
Bulls	Medium and Large 2	600–650	635	198.00/cwt	198.00–198.00	1,257	1
Bulls	Medium and Large 3	500–550	520	218.00/cwt	218.00–218.00	1,134	1
Cows	Boner 80-85%	—	1,360	112.00/cwt	112.00–112.00	1,523	1
Cows	Boner 80-85%	—	1,333	120.98/cwt	116.00–125.00	1,613	2
Cows	Lean 85-90%	—	957	88.96/cwt	82.50–92.50	851	3
Cows	Lean 85-90%	—	1,225	103.00/cwt	103.00–103.00	1,262	1
Cows	Lean 85-90%	—	1,072	110.27/cwt	107.50–113.00	1,182	3
Bulls	—	—	1,562	142.19/cwt	140.00–145.00	2,221	3
Bred Cows	Medium and Large 2	—	1,290	1,500.00/head	1,500.00–1,500.00	1,500	1
Cow-Calf Pairs	Medium and Large 1	—	1,180	1,800.00/head	1,800.00–1,800.00	1,800	2
Bulls	Medium and Large 1	450–500	463	262.98/cwt	260.00–266.00	1,218	2
Bulls	Medium and Large 1	500–550	518	242.68/cwt	241.00–244.00	1,257	3
Bulls	Medium and Large 3	650–700	695	184.00/cwt	184.00–184.00	1,279	1
Bulls	Medium and Large 3	550–600	590	222.00/cwt	222.00–222.00	1,310	1
Bulls	Medium and Large 2	500–550	510	239.00/cwt	239.00–239.00	1,219	1
Bulls	Medium and Large 1	600–650	638	210.66/cwt	208.00–213.00	1,344	3
Bulls	Medium and Large 3	600–650	640	187.00/cwt	187.00–187.00	1,197	1
Bulls	Medium and Large 2	650–700	693	192.49/cwt	190.00–195.00	1,334	2
Heifers	Medium and Large 2	400–450	410	240.00/cwt	240.00–240.00	984	1
Heifers	Medium and Large 3	450–500	468	227.98/cwt	226.00–230.00	1,067	3
Heifers	Medium and Large 3	550–600	570	215.50/cwt	213.00–218.00	1,228	2
Bulls	Medium and Large 1	550–600	580	247.03/cwt	245.00–249.00	1,433	2
Heifers	Medium and Large 3	350–400	385	246.67/cwt	245.00–248.00	950	3
Heifers	Medium and Large 1	600–650	620	215.00/cwt	215.00–215.00	1,333	1
Heifers	Medium and Large 1	800–850	800	205.00/cwt	205.00–205.00	1,640	2
Heifers	Medium and Large 1	300–350	310	271.00/cwt	271.00–271.00	840	1
Heifers	Medium and Large 2	350–400	375	256.01/cwt	255.00–257.00	960	2
Heifers	Medium and Large 1	650–700	678	210.97/cwt	210.00–212.00	1,430	2
Steers	Medium and Large 2	350–400	388	299.65/cwt	292.00–307.00	1,163	2
Steers	Medium and Large 3	350–400	380	282.50/cwt	276.00–286.00	1,074	3
Heifers	Medium and Large 1	500–550	516	233.14/cwt	227.00–235.00	1,203	7
Heifers	Medium and Large 1	550–600	584	230.00/cwt	230.00–230.00	1,343	12
Heifers	Medium and Large 2	500–550	523	221.97/cwt	221.00–223.00	1,161	2
Heifers	Medium and Large 3	500–550	505	216.00/cwt	216.00–216.00	1,091	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 30, 2024

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

Feeder CattleReceipts 309Last week 202Year ago 291

Slaughter CattleReceipts 18Last week 34Year ago 94

Replacement CattleReceipts 10Last week 16Year ago 36

Good day, as compared to the last market feeder calves were steady to 5 higher and had a very small offering of slaughter cattle, so no trends there.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	285	368.00	368.00
3	300–350	328	313.00–325.00	320.40
1	350–400	350	313.00	313.00
3	400–450	412	280.00–288.00	284.00
1	450–500	460	282.00	282.00
3	500–550	522	261.00–266.00	264.34
1	600–650	605	231.00	231.00
1	650–700	685	230.00	230.00
7	700–750	730	230.00	230.00
1	1200–1250	1,210	200.00	200.00
Steers — Medium and Large 2$ per cwt · actual wt
1	200–250	235	330.00	330.00
3	300–350	328	299.00–310.00	304.50
2	350–400	388	292.00–307.00	299.65
1	400–450	415	277.00	277.00
3	450–500	470	270.00–275.00	272.93
1	550–600	570	245.00	245.00
1	600–650	610	225.00	225.00
2	700–750	728	215.00–222.00	218.56
Steers — Medium and Large 1-2$ per cwt · actual wt
7	400–450	406	290.00	290.00
15	500–550	529	273.00–285.00	277.18
6	600–650	633	249.00	249.00
Steers — Medium and Large 3$ per cwt · actual wt
1	300–350	345	286.00	286.00
3	350–400	380	276.00–286.00	282.50
1	500–550	540	238.00	238.00
4	550–600	595	229.00	229.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	300–350	310	271.00	271.00
4	400–450	413	245.00–251.00	247.51
7	500–550	516	227.00–235.00	233.14
12	550–600	584	230.00	230.00
1	600–650	620	215.00	215.00
2	650–700	678	210.00–212.00	210.97
3	700–750	713	210.00–710.00	376.90
2	800–850	800	205.00	205.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	350–400	375	255.00–257.00	256.01
1	400–450	410	240.00	240.00
2	500–550	523	221.00–223.00	221.97
8	550–600	558	220.00–225.00	224.35
Heifers — Medium and Large 3$ per cwt · actual wt
3	350–400	385	245.00–248.00	246.67
3	450–500	468	226.00–230.00	227.98
1	500–550	505	216.00	216.00
2	550–600	570	213.00–218.00	215.50
Bulls — Medium and Large 1$ per cwt · actual wt
2	450–500	463	260.00–266.00	262.98
3	500–550	518	241.00–244.00	242.68
2	550–600	580	245.00–249.00	247.03
3	600–650	638	208.00–213.00	210.66
1	700–750	725	201.00	201.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	450–500	473	250.00–255.00	252.38
1	500–550	510	239.00	239.00
2	550–600	560	231.00–235.00	232.98
1	600–650	635	198.00	198.00
2	650–700	693	190.00–195.00	192.49
Bulls — Medium and Large 3$ per cwt · actual wt
1	500–550	520	218.00	218.00
1	550–600	590	222.00	222.00
1	600–650	640	187.00	187.00
1	650–700	695	184.00	184.00
2	700–750	730	185.00–188.00	186.47

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,360	112.00	112.00
2	—	1,333	116.00–125.00	120.98
Cows — Lean 85-90%$ per cwt · actual wt
3	—	957	82.50–92.50	88.96
1	—	1,225	103.00	103.00
3	—	1,072	107.50–113.00	110.27
Bulls$ per cwt · actual wt
3	—	1,562	140.00–145.00	142.19

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 Stage (4-6 mo)	1	—	1,290	1,500.00	1,500.00
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,180	1,800.00	1,800.00

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