Name: Meridian Livestock Auction livestock auction prices — 2024-10-21
Creator: RaisedBeef
Published: 2024-10-21

Reporter comment USDA

As filed

Good day, as compared to the last sale feeder calves were stronger and the light calves 5-10 higher. Slaughter cattle were steady.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $254.84/cwt on 7 head. That ranks 1 of 19 comparable sales and sits −189.05 against this barn's trailing median of $443.89.

Average price

$254.84

7 head · 549 lb average

Value per head Derived

$1,400

Price × average weight ÷ 100

Grade differential Derived

$22

per head · Medium and Large 1 over Small 3

$33.43/cwt at this weight

vs the market

−1.30

vs MS average

−44.20 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	530	272.43	1,444	2thin
Medium and Large 2	545	251.33	1,370	3thin
Medium and Large 3	555	246.00	1,365	1thin
Small 3	595	239.00	1,422	1thin

One grade step is worth $33.43/cwt here — about $22 a head. Across this sale the premium is widest at 600–700 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 sale7 hd

254.84

—

MS average11 barns · 224 hd

256.13

−1.30

National average191 barns · 36,605 hd

299.04

−44.20

This barn, trailing median19 sales

443.89

−189.05

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	1,699	143.40	2,437	5thin
Cows	Boner 80-85%	Low	1,334	120.47	1,606	7thin
Cows	Breaker 75-80%	Average	1,595	117.00	1,866	1thin
Cows	Lean 85-90%	Low	950	99.63	947	11

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/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,400	$1,650	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,093	$1,597	3thin
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	990	$1,420	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,195	$1,725	2thin

Every lot, as filed

71 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
Cows	Boner 80-85%	—	1,385	117.42/cwt	116.25–119.00	1,626	3
Cows	Lean 85-90%	—	1,057	96.92/cwt	94.00–99.50	1,024	3
Cows	Lean 85-90%	—	979	108.86/cwt	104.00–113.00	1,066	5
Cows	Breaker 75-80%	—	1,595	117.00/cwt	117.00–117.00	1,866	1
Bulls	—	—	2,200	157.50/cwt	157.50–157.50	3,465	1
Heifers	Medium and Large 2	400–450	433	240.53/cwt	235.00–246.00	1,041	2
Heifers	Medium and Large 2	750–800	770	197.95/cwt	196.00–200.00	1,524	2
Heifers	Medium and Large 1	200–250	235	333.00/cwt	333.00–333.00	783	1
Steers	Medium and Large 1	900–950	905	196.00/cwt	196.00–196.00	1,774	1
Steers	Medium and Large 1	300–350	325	314.99/cwt	313.00–317.00	1,024	3
Steers	Medium and Large 1	200–250	232	360.50/cwt	350.00–373.00	836	3
Steers	Medium and Large 3	400–450	428	278.98/cwt	273.00–283.00	1,194	3
Steers	Medium and Large 3	250–300	285	309.00/cwt	308.00–310.00	881	2
Heifers	Medium and Large 2	450–500	460	240.00/cwt	240.00–240.00	1,104	1
Steers	Medium and Large 2	350–400	380	292.60/cwt	290.00–295.00	1,112	2
Steers	Medium and Large 1	750–800	765	233.00/cwt	233.00–233.00	1,782	1
Steers	Medium and Large 1	1100–1150	1,135	185.00/cwt	185.00–185.00	2,100	1
Steers	Medium and Large 1	800–850	830	220.00/cwt	220.00–220.00	1,826	1
Steers	Medium and Large 1	350–400	365	318.00/cwt	318.00–318.00	1,161	1
Heifers	Medium and Large 2	350–400	378	260.02/cwt	258.00–263.00	983	4
Steers	Medium and Large 2	500–550	535	253.00/cwt	251.00–255.00	1,354	2
Steers	Medium and Large 2	450–500	450	292.00/cwt	292.00–292.00	1,314	1
Steers	Medium and Large 1	250–300	250	361.00/cwt	361.00–361.00	903	1
Steers	Medium and Large 2	650–700	683	229.49/cwt	225.00–236.00	1,567	4
Steers	Medium and Large 1	500–550	530	272.43/cwt	270.00–275.00	1,444	2
Steers	Medium and Large 3	600–650	635	192.00/cwt	192.00–192.00	1,219	1
Steers	Medium and Large 2	550–600	565	248.00/cwt	248.00–248.00	1,401	1
Steers	Medium and Large 2	250–300	255	340.00/cwt	340.00–340.00	867	1
Steers	Medium and Large 2	200–250	245	333.00/cwt	333.00–333.00	816	1
Steers	Small 3	550–600	595	239.00/cwt	239.00–239.00	1,422	1
Steers	Medium and Large 2	700–750	724	219.20/cwt	214.00–224.00	1,587	5
Steers	Medium and Large 1	650–700	678	246.49/cwt	240.00–255.00	1,671	6
Steers	Medium and Large 2	400–450	430	292.98/cwt	292.00–294.00	1,260	3
Steers	Medium and Large 1	400–450	423	306.50/cwt	306.00–307.00	1,296	2
Bulls	Medium and Large 2	500–550	520	240.62/cwt	238.00–244.00	1,251	3
Bulls	Medium and Large 2	450–500	465	253.03/cwt	250.00–256.00	1,177	3
Bulls	Medium and Large 1	800–850	800	202.00/cwt	202.00–202.00	1,616	1
Bulls	Medium and Large 1	600–650	635	218.00/cwt	218.00–218.00	1,384	1
Bulls	Medium and Large 3	650–700	695	188.00/cwt	188.00–188.00	1,307	1
Bulls	Medium and Large 3	550–600	565	231.00/cwt	231.00–231.00	1,305	1
Cows	Lean 85-90%	—	795	86.94/cwt	85.00–88.50	691	3
Cows	Boner 80-85%	—	1,295	122.75/cwt	119.75–126.00	1,590	4
Bulls	—	—	1,350	130.00/cwt	130.00–130.00	1,755	1
Bulls	—	—	1,390	138.00/cwt	138.00–138.00	1,918	1
Bulls	—	—	1,778	145.76/cwt	145.50–146.00	2,592	2
Bred Cows	Medium and Large 1	—	1,125	1,655.07/head	1,640.00–1,670.00	1,655	2
Bred Cows	Medium and Large 2	—	1,030	1,480.00/head	1,480.00–1,480.00	1,480	1
Bred Cows	Medium and Large 1	—	1,400	1,650.00/head	1,650.00–1,650.00	1,650	1
Bred Cows	Medium and Large 2	—	990	1,420.00/head	1,420.00–1,420.00	1,420	1
Cow-Calf Pairs	Medium and Large 2	—	1,195	1,725.00/head	1,725.00–1,725.00	1,725	2
Heifers	Medium and Large 1	500–550	518	240.98/cwt	237.00–245.00	1,248	2
Heifers	Medium and Large 3	200–250	245	281.00/cwt	281.00–281.00	688	1
Bulls	Medium and Large 1	500–550	525	253.00/cwt	253.00–253.00	1,328	1
Bulls	Medium and Large 1	400–450	420	283.00/cwt	283.00–283.00	1,189	1
Bulls	Medium and Large 1	700–750	723	212.49/cwt	212.00–213.00	1,536	2
Bulls	Medium and Large 2	600–650	635	207.00/cwt	207.00–207.00	1,314	1
Heifers	Medium and Large 1	650–700	661	212.74/cwt	210.00–215.00	1,406	4
Heifers	Medium and Large 2	500–550	535	230.99/cwt	229.00–232.00	1,236	3
Heifers	Medium and Large 1	800–850	835	194.00/cwt	194.00–194.00	1,620	1
Heifers	Medium and Large 1	700–750	740	208.00/cwt	208.00–208.00	1,539	1
Bulls	Medium and Large 1	550–600	555	251.00/cwt	251.00–251.00	1,393	1
Heifers	Medium and Large 1	400–450	411	259.53/cwt	257.00–265.00	1,067	4
Heifers	Medium and Large 2	550–600	565	225.43/cwt	223.00–228.00	1,274	2
Heifers	Medium and Large 2	700–750	735	196.00/cwt	196.00–196.00	1,441	1
Heifers	Medium and Large 1	350–400	390	280.00/cwt	280.00–280.00	1,092	1
Heifers	Medium and Large 1	250–300	260	316.00/cwt	316.00–316.00	822	1
Heifers	Medium and Large 3	250–300	270	290.00/cwt	290.00–290.00	783	1
Heifers	Medium and Large 2	300–350	320	265.00/cwt	265.00–265.00	848	1
Steers	Medium and Large 3	550–600	555	246.00/cwt	246.00–246.00	1,365	1
Steers	Medium and Large 3	450–500	480	271.00/cwt	271.00–271.00	1,301	1
Heifers	Medium and Large 3	450–500	475	230.92/cwt	226.00–234.00	1,097	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 Oct 21, 2024

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

Feeder CattleReceipts 241Last week 316Year ago 459

Slaughter CattleReceipts 43Last week 45Year ago 73

Replacement CattleReceipts 22Last week 139Year ago 34

Good day, as compared to the last sale feeder calves were stronger and the light calves 5-10 higher. Slaughter cattle were steady.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,385	116.25–119.00	117.42
4	—	1,295	119.75–126.00	122.75
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,057	94.00–99.50	96.92
5	—	979	104.00–113.00	108.86
3	—	795	85.00–88.50	86.94
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,595	117.00	117.00
Bulls$ per cwt · actual wt
1	—	2,200	157.50	157.50
1	—	1,350	130.00	130.00
1	—	1,390	138.00	138.00
2	—	1,778	145.50–146.00	145.76

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	320	265.00	265.00
4	350–400	378	258.00–263.00	260.02
2	400–450	433	235.00–246.00	240.53
1	450–500	460	240.00	240.00
3	500–550	535	229.00–232.00	230.99
2	550–600	565	223.00–228.00	225.43
1	700–750	735	196.00	196.00
2	750–800	770	196.00–200.00	197.95
Heifers — Medium and Large 1$ per cwt · actual wt
1	200–250	235	333.00	333.00
1	250–300	260	316.00	316.00
1	350–400	390	280.00	280.00
4	400–450	411	257.00–265.00	259.53
2	500–550	518	237.00–245.00	240.98
4	650–700	661	210.00–215.00	212.74
1	700–750	740	208.00	208.00
1	800–850	835	194.00	194.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	200–250	245	281.00	281.00
1	250–300	270	290.00	290.00
4	450–500	475	226.00–234.00	230.92
Steers — Medium and Large 1$ per cwt · actual wt
3	200–250	232	350.00–373.00	360.50
1	250–300	250	361.00	361.00
3	300–350	325	313.00–317.00	314.99
1	350–400	365	318.00	318.00
2	400–450	423	306.00–307.00	306.50
2	500–550	530	270.00–275.00	272.43
6	650–700	678	240.00–255.00	246.49
1	750–800	765	233.00	233.00
1	800–850	830	220.00	220.00
1	900–950	905	196.00	196.00
1	1100–1150	1,135	185.00	185.00
Steers — Medium and Large 3$ per cwt · actual wt
2	250–300	285	308.00–310.00	309.00
3	400–450	428	273.00–283.00	278.98
1	450–500	480	271.00	271.00
1	550–600	555	246.00	246.00
1	600–650	635	192.00	192.00
Steers — Medium and Large 2$ per cwt · actual wt
1	200–250	245	333.00	333.00
1	250–300	255	340.00	340.00
2	350–400	380	290.00–295.00	292.60
3	400–450	430	292.00–294.00	292.98
1	450–500	450	292.00	292.00
2	500–550	535	251.00–255.00	253.00
1	550–600	565	248.00	248.00
4	650–700	683	225.00–236.00	229.49
5	700–750	724	214.00–224.00	219.20
Steers — Small 3$ per cwt · actual wt
1	550–600	595	239.00	239.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	450–500	465	250.00–256.00	253.03
3	500–550	520	238.00–244.00	240.62
1	600–650	635	207.00	207.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	420	283.00	283.00
1	500–550	525	253.00	253.00
1	550–600	555	251.00	251.00
1	600–650	635	218.00	218.00
2	700–750	723	212.00–213.00	212.49
1	800–850	800	202.00	202.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	550–600	565	231.00	231.00
1	650–700	695	188.00	188.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,125	1,640.00–1,670.00	1,655.07
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,400	1,650.00	1,650.00
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,030	1,480.00	1,480.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	990	1,420.00	1,420.00
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,195	1,725.00	1,725.00

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

Slaughter Cattle

Feeder Cattle

Replacement Cattle