Sale reports / Mississippi / Meridian Livestock Auction / 2024-11-11

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 11
● Final62 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
159 head
46 vs last sale 205 71 vs year ago 230 · 30.9%
Slaughter Cattle receipts
31 head
10 vs last sale 41 42 vs year ago 73 · 57.5%
Replacement Cattle receipts
30 head
21 vs last sale 9 12 vs year ago 42 · 28.6%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-7 higher. Slaughter cows steady and bulls 3-5 higher.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $257.80/cwt on 6 head. That ranks 1 of 20 comparable sales and sits 186.07 against this barn's trailing median of $443.87.
Average price
$257.80
6 head · 545 lb average
Value per head Derived
$1,405
Price × average weight ÷ 100
Grade differential Derived
$109
per head · Medium and Large 1 over Medium and Large 3
$18.00/cwt at this weight
vs the market
+2.83
vs MS average
47.64 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1535267.001,4282thin
Medium and Large 2557254.611,4183thin
Medium and Large 3530249.001,3201thin
One grade step is worth $18.00/cwt here — about $109 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

20 sales
495449403356median 443.8712/1503/3005/1807/0608/17
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 sale6 hd
257.80
MS average12 barns · 232 hd
254.97
+2.83
National average190 barns · 31,255 hd
305.44
−47.64
This barn, trailing median20 sales
443.87
−186.07
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsAverage1,769141.592,5056thin
CowsBoner 80-85%Low1,256112.151,4085thin
CowsBreaker 75-80%Average1,510109.001,6461thin
CowsLean 85-90%Very Low1,05492.059707thin

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 $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,090$1,1201thin
Bred Heifers1st/2nd Stage (1-6 mo)(<2 yrs)790$1,4501thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,285$2,2252thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,255$1,9002thin

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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 1700–750710242.00/cwt242.00–242.001,7181
HeifersMedium and Large 2400–450423242.37/cwt238.00–247.001,0252
HeifersMedium and Large 2350–400350260.00/cwt260.00–260.009101
HeifersMedium and Large 1400–450425252.48/cwt251.00–254.001,0732
HeifersMedium and Large 1500–550526235.71/cwt231.00–239.001,2404
SteersMedium and Large 3450–500485282.42/cwt276.00–288.001,3703
SteersMedium and Large 1550–600550262.00/cwt262.00–262.001,4411
SteersMedium and Large 3500–550530249.00/cwt249.00–249.001,3201
SteersMedium and Large 3350–400365270.00/cwt270.00–270.009861
HeifersMedium and Large 1650–700690205.00/cwt205.00–205.001,4151
HeifersMedium and Large 2500–550545230.00/cwt230.00–230.001,2541
SteersMedium and Large 1250–300255380.00/cwt380.00–380.009691
SteersMedium and Large 1450–500450312.00/cwt312.00–312.001,4041
SteersMedium and Large 1400–450406307.02/cwt301.00–313.001,2474
SteersMedium and Large 1500–550520272.00/cwt272.00–272.001,4141
SteersMedium and Large 1600–650610249.45/cwt244.00–255.001,5222
SteersMedium and Large 2500–550505256.00/cwt256.00–256.001,2931
SteersMedium and Large 2300–350337311.64/cwt310.00–313.001,0503
SteersMedium and Large 2750–800770224.49/cwt224.00–225.001,7292
SteersMedium and Large 2350–400375308.43/cwt300.00–316.001,1572
SteersMedium and Large 2400–450413294.37/cwt290.00–300.001,2164
SteersMedium and Large 1300–350305340.00/cwt340.00–340.001,0371
SteersMedium and Large 1350–400365320.00/cwt320.00–320.001,1681
SteersMedium and Large 1900–950900213.00/cwt213.00–213.001,9171
SteersMedium and Large 2550–600583253.91/cwt250.00–258.001,4802
BullsMedium and Large 3500–550530235.00/cwt235.00–235.001,2461
BullsMedium and Large 1700–750743201.50/cwt201.00–202.001,4972
BullsMedium and Large 3450–500468255.99/cwt255.00–257.001,1982
BullsMedium and Large 2400–450405269.00/cwt269.00–269.001,0891
BullsMedium and Large 2700–750720188.51/cwt187.00–190.001,3572
BullsMedium and Large 2750–800790192.00/cwt192.00–192.001,5171
CowsBreaker 75-80%1,510109.00/cwt109.00–109.001,6461
CowsLean 85-90%93078.00/cwt78.00–78.007251
CowsLean 85-90%1,03590.28/cwt86.00–94.009344
CowsBoner 80-85%1,115105.00/cwt105.00–105.001,1711
Bulls1,895149.05/cwt146.00–153.002,8243
CowsLean 85-90%1,153102.63/cwt101.00–104.001,1832
CowsBoner 80-85%1,291113.94/cwt112.50–116.001,4714
Bulls1,500131.00/cwt131.00–131.001,9651
Bulls1,715135.69/cwt135.00–136.502,3272
Bred HeifersMedium and Large 27901,450.00/head1,450.00–1,450.001,4501
Bred CowsMedium and Large 21,0901,120.00/head1,120.00–1,120.001,1201
Cow-Calf PairsMedium and Large 11,2551,900.00/head1,900.00–1,900.001,9002
Cow-Calf PairsMedium and Large 11,2852,225.00/head2,225.00–2,225.002,2252
HeifersMedium and Large 2650–700655195.00/cwt195.00–195.001,2771
BullsMedium and Large 1500–550520252.99/cwt252.00–254.001,3162
BullsMedium and Large 1550–600565250.00/cwt250.00–250.001,4131
BullsMedium and Large 1450–500465288.99/cwt288.00–290.001,3442
BullsMedium and Large 1650–700670210.00/cwt210.00–210.001,4071
BullsMedium and Large 1400–450425300.00/cwt300.00–300.001,2751
HeifersMedium and Large 3450–500455228.00/cwt228.00–228.001,0371
HeifersMedium and Large 2450–500463241.11/cwt237.00–246.001,1163
HeifersMedium and Large 1700–750705210.00/cwt210.00–210.001,4811
BullsMedium and Large 3650–700675183.00/cwt183.00–183.001,2351
BullsMedium and Large 2450–500485272.00/cwt272.00–272.001,3191
BullsMedium and Large 2500–550530243.97/cwt240.00–247.001,2933
SteersMedium and Large 3400–450430284.03/cwt283.00–285.001,2213
HeifersMedium and Large 1450–500455257.00/cwt257.00–257.001,1691
HeifersMedium and Large 1900–950913181.00/cwt180.00–182.001,6532
HeifersMedium and Large 1600–650635205.00/cwt200.00–210.001,3022
HeifersMedium and Large 1250–300263347.06/cwt345.00–350.009133
HeifersMedium and Large 1200–250235363.00/cwt363.00–363.008531

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.