Sale reports / Mississippi / Meridian Livestock Auction / 2026-03-23

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 23
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
310 head
154 vs last sale 156 84 vs year ago 226 · +37.2%
Slaughter Cattle receipts
28 head
17 vs last sale 11 14 vs year ago 14 · +100.0%
Replacement Cattle receipts
34 head
20 vs last sale 14 18 vs year ago 16 · +112.5%
View

Reporter comment USDA

As filed

As compared to the last market: Feeder calves sold 10.00-15.00 higher. Slaughter cattle sold higher today as well. Sold some groups of weaned calves that sold very good.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $402.58/cwt on 44 head, up $16.30 from the prior sale (only 11 head in that comparison). That ranks 9 of 15 comparable sales and sits +1.24 against this barn's trailing median of $401.34.
Average price
$402.58
16.30 vs prior sale
44 head · 552 lb average
Value per head Derived
$2,223
Price × average weight ÷ 100
Grade differential Derived
$31
per head · Medium and Large 1-2 over Medium and Large 2
$25.29/cwt at this weight
vs the market
+6.51
vs MS average
22.61 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2533410.852,19016thin
Medium and Large 1565403.682,28019thin
Medium and Large 2560385.562,1599thin
One grade step is worth $25.29/cwt here — about $31 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

15 sales
452414377340median 401.3401/0502/2304/1306/0807/27
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 sale44 hd
402.58
MS average13 barns · 190 hd
396.07
+6.51
National average176 barns · 15,314 hd
425.19
−22.61
This barn, trailing median15 sales
401.34
+1.24
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
BullsLow1,597190.563,0424thin
CowsBoner 80-85%Low1,292178.962,3128thin
CowsBreaker 75-80%Average1,595174.002,7751thin
CowsLean 85-90%Average1,085165.141,7923thin

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)Young (2-4 yrs)1,065$2,9751thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,195$2,8393thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,135$2,5544thin

Every lot, as filed

66 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 2650–700668378.00/cwt378.00–378.002,5253
SteersMedium and Large 2350–400373605.23/cwt600.00–610.002,2582
SteersMedium and Large 2250–300283672.43/cwt665.00–680.001,9032
SteersMedium and Large 1-2500–550509495.00/cwt495.00–495.002,5205
SteersMedium and Large 1-2600–650600413.00/cwt413.00–413.002,4782
HeifersMedium and Large 1-2500–550533410.85/cwt410.00–412.002,19016
SteersMedium and Large 1-2650–700690399.00/cwt399.00–399.002,75310
SteersMedium and Large 3450–500480465.00/cwt465.00–465.002,2321
SteersMedium and Large 3350–400365585.00/cwt585.00–585.002,1351
SteersMedium and Large 3250–300270630.00/cwt630.00–630.001,7011
SteersMedium and Large 1-2850–900875343.00/cwt343.00–343.003,00114
SteersMedium and Large 2400–450425522.41/cwt520.00–530.002,2204
SteersMedium and Large 2550–600565467.91/cwt465.00–470.002,64410
SteersMedium and Large 1700–750745400.00/cwt400.00–400.002,9801
SteersMedium and Large 3300–350325577.69/cwt565.00–590.001,8772
SteersMedium and Large 3650–700665360.00/cwt360.00–360.002,3941
SteersMedium and Large 3550–600570445.00/cwt445.00–445.002,5371
SteersMedium and Large 1500–550535487.58/cwt487.00–495.002,60913
SteersMedium and Large 1400–450445565.00/cwt565.00–565.002,5141
SteersMedium and Large 1350–400355650.00/cwt650.00–650.002,3081
SteersMedium and Large 1600–650617433.63/cwt428.00–443.002,6753
SteersMedium and Large 1300–350313662.68/cwt655.00–670.002,0742
SteersMedium and Large 2450–500450525.00/cwt525.00–525.002,3631
SteersMedium and Large 2300–350330620.00/cwt620.00–620.002,0461
SteersMedium and Large 1200–250220729.32/cwt700.00–760.001,6052
SteersMedium and Large 1900–950915330.00/cwt330.00–330.003,0201
SteersMedium and Large 1-2450–500477488.00/cwt488.00–488.002,3288
BullsMedium and Large 1550–600555480.00/cwt480.00–480.002,6641
BullsMedium and Large 2650–700680374.38/cwt368.00–385.002,5463
BullsMedium and Large 2500–550520455.19/cwt450.00–460.002,3672
BullsMedium and Large 2750–800785327.00/cwt327.00–327.002,5671
BullsMedium and Large 1500–550530470.00/cwt470.00–470.002,4911
BullsMedium and Large 1450–500480510.00/cwt510.00–510.002,4481
CowsLean 85-90%1,085165.14/cwt161.00–170.001,7923
CowsBreaker 75-80%1,595174.00/cwt174.00–174.002,7751
CowsBoner 80-85%1,177172.40/cwt171.00–174.002,0293
CowsBoner 80-85%1,361182.90/cwt179.50–186.002,4895
Bulls1,560186.95/cwt185.00–189.002,9162
Bulls1,633194.16/cwt193.00–195.003,1712
Bred CowsMedium and Large 11,0652,975.00/head2,975.00–2,975.002,9751
Bred CowsMedium and Large 11,1952,839.26/head2,625.00–3,000.002,8393
Bred CowsMedium and Large 11,1352,553.85/head2,225.00–2,700.002,5544
HeifersMedium and Large 1300–350315548.06/cwt530.00–565.001,7262
HeifersMedium and Large 1450–500460475.00/cwt475.00–475.002,1851
BullsMedium and Large 2450–500475475.00/cwt475.00–475.002,2561
BullsMedium and Large 2400–450440480.00/cwt480.00–480.002,1121
BullsMedium and Large 1400–450417494.94/cwt490.00–500.002,0643
BullsMedium and Large 1600–650600418.00/cwt418.00–418.002,5081
HeifersMedium and Large 2750–800760320.00/cwt320.00–320.002,4322
HeifersMedium and Large 3300–350340450.00/cwt450.00–450.001,5301
HeifersMedium and Large 3450–500486435.73/cwt430.00–445.002,1184
HeifersMedium and Large 2350–400385495.00/cwt495.00–495.001,9061
HeifersMedium and Large 1700–750747334.00/cwt334.00–334.002,4955
HeifersMedium and Large 1900–950920282.00/cwt282.00–282.002,5942
HeifersMedium and Large 1550–600580399.00/cwt399.00–399.002,31410
HeifersMedium and Large 1500–550548408.87/cwt405.00–440.002,2419
HeifersMedium and Large 1-2650–700653376.00/cwt376.00–376.002,45518
HeifersMedium and Large 1400–450430485.00/cwt485.00–485.002,0861
HeifersMedium and Large 2450–500488450.00/cwt450.00–450.002,1964
HeifersMedium and Large 2650–700674353.81/cwt349.00–363.002,3853
HeifersMedium and Large 1-2750–800752349.00/cwt349.00–349.002,6247
HeifersMedium and Large 1-21100–11501,136255.00/cwt255.00–255.002,8974
HeifersMedium and Large 2300–350335500.00/cwt500.00–500.001,6751
HeifersMedium and Large 2500–550540390.00/cwt390.00–390.002,1065
HeifersMedium and Large 2550–600585380.00/cwt380.00–380.002,2234
HeifersMedium and Large 1650–700660380.00/cwt380.00–380.002,5081

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.