Sale reports / Mississippi / Meridian Livestock Auction / 2024-02-26

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-02-26
Creator: RaisedBeef
Published: 2024-02-26

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 26

● Final68 lots reportedUSDA AMS · slug 2112

← Feb 19Feb 26Mar 4 →

Feeder Cattle receipts

349 head

▼ 205 vs last sale 554▲ 115 vs year ago 234 · +49.1%

Slaughter Cattle receipts

27 head

▼ 11 vs last sale 38▲ 4 vs year ago 23 · +17.4%

Replacement Cattle receipts

42 head

▼ 7 vs last sale 49▲ 27 vs year ago 15 · +180.0%

View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-12 cheaper as a whole. Could have been more or less in spots. Slaughter cattle steady.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $263.59/cwt on 96 head.

Average price

$263.59

96 head · 512 lb average

Value per head Derived

$1,350

Price × average weight ÷ 100

Grade differential Derived

−$162

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

$9.11/cwt at this weight

vs the market

+5.49

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 3	403	268.02	1,080	8thin
Medium and Large 1-2	574	265.56	1,524	39
Medium and Large 1	482	264.23	1,274	22
Medium and Large 2	480	258.92	1,243	27

One grade step is worth $9.11/cwt here — about −$162 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only

This sale96 hd

263.59

—

MS average13 barns · 1,630 hd

258.11

+5.49

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	1,569	124.13	1,948	4thin
Cows	Boner 80-85%	High	1,235	111.69	1,379	6thin
Cows	Breaker 75-80%	Average	1,413	102.95	1,455	2thin
Cows	Lean 85-90%	Average	1,017	91.31	928	6thin

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)	1,350	$2,175	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,470	$1,875	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,470	$1,470	1thin
Bred Heifers	1st/2nd Stage (1-6 mo)	(<2 yrs)	875	$1,600	1thin
Cow-Calf Pairs	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,225	$2,000	2thin

Every lot

68 lots · USDA AMS · Meridian Stockyard - Meridian, MS

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers20 lots · lightest first
Steers	—	Medium and Large 1	215	390.00/cwt	390.00–390.00	839	1
Steers	—	Medium and Large 2	228	372.69/cwt	370.00–375.00	850	2
Steers	—	Medium and Large 2	275	380.00/cwt	380.00–380.00	1,045	1
Steers	—	Medium and Large 1	318	349.80/cwt	345.00–355.00	1,112	2
Steers	—	Medium and Large 3	320	330.00/cwt	330.00–330.00	1,056	1
Steers	—	Medium and Large 2	368	340.06/cwt	338.00–342.00	1,251	3
Steers	—	Medium and Large 3	378	336.03/cwt	333.00–340.00	1,270	3
Steers	—	Medium and Large 1	380	351.54/cwt	350.00–353.00	1,336	2
Steers	—	Medium and Large 1	405	343.00/cwt	338.00–348.00	1,389	2
Steers	—	Medium and Large 3	417	308.63/cwt	300.00–315.00	1,287	3
Steers	—	Medium and Large 2	419	327.38/cwt	322.00–333.00	1,372	4
Steers	—	Medium and Large 3	497	310.00/cwt	310.00–310.00	1,541	7
Steers	—	Medium and Large 1	506	288.00/cwt	288.00–288.00	1,457	3
Steers	—	Medium and Large 2	510	270.00/cwt	270.00–270.00	1,377	1
Steers	—	Medium and Large 3	585	256.00/cwt	256.00–256.00	1,498	1
Steers	—	Medium and Large 1-2	626	265.00/cwt	265.00–265.00	1,659	6
Steers	—	Medium and Large 1	660	243.00/cwt	243.00–243.00	1,604	1
Steers	—	Medium and Large 2	660	234.00/cwt	234.00–234.00	1,544	1
Steers	—	Medium and Large 3	695	215.00/cwt	215.00–215.00	1,494	1
Steers	—	Medium and Large 2	763	221.00/cwt	221.00–221.00	1,686	7
Feeder Cattle · Heifers23 lots · lightest first
Heifers	—	Medium and Large 2	235	302.62/cwt	295.00–310.00	711	3
Heifers	—	Medium and Large 2	273	302.48/cwt	300.00–305.00	826	2
Heifers	—	Medium and Large 1	280	323.00/cwt	323.00–323.00	904	1
Heifers	—	Medium and Large 1	310	320.00/cwt	320.00–320.00	992	1
Heifers	—	Medium and Large 2	314	298.67/cwt	295.00–305.00	938	4
Heifers	—	Medium and Large 3	320	285.00/cwt	285.00–285.00	912	1
Heifers	—	Medium and Large 2	365	294.11/cwt	290.00–298.00	1,074	2
Heifers	—	Medium and Large 1	368	310.00/cwt	310.00–310.00	1,141	3
Heifers	—	Medium and Large 3	373	283.05/cwt	280.00–288.00	1,056	3
Heifers	—	Medium and Large 1	420	273.83/cwt	270.00–280.00	1,150	5
Heifers	—	Medium and Large 2	423	266.31/cwt	265.00–268.00	1,126	3
Heifers	—	Medium and Large 3	437	251.01/cwt	248.00–253.00	1,097	3
Heifers	—	Medium and Large 1-2	440	298.00/cwt	298.00–298.00	1,311	4
Heifers	—	Medium and Large 2	455	260.00/cwt	260.00–260.00	1,183	1
Heifers	—	Medium and Large 3	475	257.00/cwt	257.00–257.00	1,221	1
Heifers	—	Medium and Large 1	524	245.75/cwt	240.00–253.00	1,288	8
Heifers	—	Medium and Large 1-2	547	276.00/cwt	276.00–276.00	1,510	20
Heifers	—	Medium and Large 2	588	232.00/cwt	232.00–232.00	1,364	5
Heifers	—	Medium and Large 1	620	230.00/cwt	230.00–230.00	1,426	1
Heifers	—	Medium and Large 1-2	645	243.00/cwt	243.00–243.00	1,567	15
Heifers	—	Medium and Large 1	666	225.00/cwt	225.00–225.00	1,499	3
Heifers	—	Medium and Large 2	683	211.53/cwt	210.00–216.00	1,445	4
Heifers	—	Medium and Large 2	775	210.00/cwt	210.00–210.00	1,628	3
Feeder Cattle · Bulls11 lots · lightest first
Bulls	—	Medium and Large 1	445	280.00/cwt	280.00–280.00	1,246	1
Bulls	—	Medium and Large 2	493	264.01/cwt	263.00–265.00	1,302	2
Bulls	—	Medium and Large 1	513	264.88/cwt	260.00–268.00	1,359	3
Bulls	—	Medium and Large 3	535	243.00/cwt	243.00–243.00	1,300	1
Bulls	—	Medium and Large 2	540	253.00/cwt	253.00–253.00	1,366	1
Bulls	—	Medium and Large 3	558	233.66/cwt	229.00–236.00	1,304	3
Bulls	—	Medium and Large 2	560	249.00/cwt	249.00–249.00	1,394	1
Bulls	—	Medium and Large 1	620	234.88/cwt	230.00–240.00	1,456	2
Bulls	—	Medium and Large 3	625	202.64/cwt	198.00–207.00	1,266	2
Bulls	—	Medium and Large 2	685	210.00/cwt	210.00–210.00	1,439	1
Bulls	—	Medium and Large 3	705	208.00/cwt	208.00–208.00	1,466	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,485	115.05/cwt	110.00–118.00	1,708	2
Bulls	—	—	1,653	133.22/cwt	130.00–136.00	2,202	2
Slaughter Cattle · Cows7 lots · lightest first
Cows	—	Lean 85-90%	725	72.00/cwt	72.00–72.00	522	1
Cows	—	Lean 85-90%	1,053	86.69/cwt	84.00–90.00	913	2
Cows	—	Boner 80-85%	1,080	105.04/cwt	103.00–107.00	1,134	2
Cows	—	Lean 85-90%	1,090	100.83/cwt	99.50–102.00	1,099	3
Cows	—	Boner 80-85%	1,308	112.69/cwt	110.00–115.00	1,474	3
Cows	—	Boner 80-85%	1,325	122.00/cwt	122.00–122.00	1,617	1
Cows	—	Breaker 75-80%	1,413	102.95/cwt	101.00–105.00	1,455	2
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1	1,225	2,000.00/head	2,000.00–2,000.00	2,000	2
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers	—	Medium and Large 1	875	1,600.00/head	1,600.00–1,600.00	1,600	1
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 1	1,350	2,175.00/head	2,175.00–2,175.00	2,175	1
Bred Cows	—	Medium and Large 1	1,470	1,875.00/head	1,875.00–1,875.00	1,875	1
Bred Cows	—	Medium and Large 2	1,470	1,470.00/head	1,470.00–1,470.00	1,470	1

This sale against other markets

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 Feb 26, 2024

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

Feeder CattleReceipts 349Last week 554Year ago 234

Slaughter CattleReceipts 27Last week 38Year ago 23

Replacement CattleReceipts 42Last week 49Year ago 15

Good day, as compared to the last market feeder calves were 5-12 cheaper as a whole. Could have been more or less in spots. Slaughter cattle steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
20	—	547	276.00	276.00
15	—	645	243.00	243.00
4	—	440	298.00	298.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	455	260.00	260.00
3	—	775	210.00	210.00
4	—	314	295.00–305.00	298.67
3	—	235	295.00–310.00	302.62
2	—	365	290.00–298.00	294.11
5	—	588	232.00	232.00
4	—	683	210.00–216.00	211.53
2	—	273	300.00–305.00	302.48
3	—	423	265.00–268.00	266.31

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
3	—	373	280.00–288.00	283.05
3	—	437	248.00–253.00	251.01
1	—	320	285.00	285.00
1	—	475	257.00	257.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	620	230.00	230.00
3	—	368	310.00	310.00
1	—	280	323.00	323.00
5	—	420	270.00–280.00	273.83
3	—	666	225.00	225.00
8	—	524	240.00–253.00	245.75
1	—	310	320.00	320.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
6	—	626	265.00	265.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	—	506	288.00	288.00
2	—	318	345.00–355.00	349.80
1	—	660	243.00	243.00
2	—	405	338.00–348.00	343.00
2	—	380	350.00–353.00	351.54
1	—	215	390.00	390.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
3	—	368	338.00–342.00	340.06
1	—	660	234.00	234.00
7	—	763	221.00	221.00
1	—	275	380.00	380.00
2	—	228	370.00–375.00	372.69
1	—	510	270.00	270.00
4	—	419	322.00–333.00	327.38

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	695	215.00	215.00
1	—	585	256.00	256.00
3	—	417	300.00–315.00	308.63
7	—	497	310.00	310.00
1	—	320	330.00	330.00
3	—	378	333.00–340.00	336.03

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	513	260.00–268.00	264.88
2	—	620	230.00–240.00	234.88
1	—	445	280.00	280.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	493	263.00–265.00	264.01
1	—	560	249.00	249.00
1	—	540	253.00	253.00
1	—	685	210.00	210.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
3	—	558	229.00–236.00	233.66
2	—	625	198.00–207.00	202.64
1	—	705	208.00	208.00
1	—	535	243.00	243.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,090	99.50–102.00	100.83
2	—	1,053	84.00–90.00	86.69
1	—	725	72.00	72.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,413	101.00–105.00	102.95

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,325	122.00	122.00
3	—	1,308	110.00–115.00	112.69
2	—	1,080	103.00–107.00	105.04

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,653	130.00–136.00	133.22
2	—	1,485	110.00–118.00	115.05

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,225	2,000.00	2,000.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1$ per head · actual wt
(<2 yrs)	1st/2nd Stage (1-6 mo)	1	—	875	1,600.00	1,600.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,350	2,175.00	2,175.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,470	1,875.00	1,875.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,470	1,470.00	1,470.00

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.