Sale reports / Mississippi / Meridian Livestock Auction / 2024-03-11

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-03-11
Creator: RaisedBeef
Published: 2024-03-11

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 11

● Final62 lots reportedUSDA AMS · slug 2112

← Mar 4Mar 11Mar 18 →

Feeder Cattle receipts

302 head

▲ 139 vs last sale 163▲ 157 vs year ago 145 · +108.3%

Slaughter Cattle receipts

24 head

▲ 7 vs last sale 17▲ 2 vs year ago 22 · +9.1%

Replacement Cattle receipts

12 head

▼ 38 vs last sale 50▼ 11 vs year ago 23 · −47.8%

View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady, and slaughter cattle were steady as well.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $252.87/cwt on 58 head. That ranks 1 of 20 comparable sales and sits −113.94 against this barn's trailing median of $366.81.

Average price

$252.87

58 head · 542 lb average

Value per head Derived

$1,370

Price × average weight ÷ 100

Grade differential Derived

$58

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

$28.76/cwt at this weight

vs the market

+5.12

vs MS average

−23.30 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	541	253.76	1,374	53
Medium and Large 1	537	250.66	1,346	3thin
Medium and Large 2	535	240.00	1,284	1thin
Medium and Large 3	585	225.00	1,316	1thin

One grade step is worth $28.76/cwt here — about $58 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.

How it compared 500–600 lb

Same class and week · spot auction only

This sale58 hd

252.87

—

MS average13 barns · 267 hd

247.75

+5.12

National average176 barns · 16,729 hd

276.17

−23.30

This barn, trailing median20 sales

366.81

−113.94

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

20 sales

Heifers 500–600 lb: high $437.52, low $313.85, median $366.81 across 20 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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	—	Low	1,412	133.07	1,879	7thin
Cows	Boner 80-85%	Average	1,163	118.25	1,375	9thin
Cows	Lean 85-90%	Average	983	87.50	860	2thin

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/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	925	$1,250	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	785	$900	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	735	$875	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,110	$1,400	2thin

Every lot

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. 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 · Steers16 lots · lightest first
Steers	200–250	Medium and Large 1	230	376.27/cwt	373.00–380.00	865	2
Steers	250–300	Medium and Large 3	265	345.00/cwt	345.00–345.00	914	1
Steers	250–300	Medium and Large 2	290	360.00/cwt	360.00–360.00	1,044	1
Steers	300–350	Medium and Large 3	315	340.00/cwt	340.00–340.00	1,071	1
Steers	350–400	Medium and Large 1	363	369.40/cwt	365.00–375.00	1,341	3
Steers	350–400	Medium and Large 2	365	360.14/cwt	350.00–370.00	1,315	2
Steers	400–450	Medium and Large 2	415	325.00/cwt	325.00–325.00	1,349	1
Steers	400–450	Medium and Large 1	428	361.31/cwt	358.00–370.00	1,546	6
Steers	450–500	Medium and Large 2	475	341.53/cwt	339.00–344.00	1,622	2
Steers	500–550	Medium and Large 1	500	333.00/cwt	333.00–333.00	1,665	1
Steers	500–550	Medium and Large 1-2	502	344.00/cwt	344.00–344.00	1,727	3
Steers	500–550	Medium and Large 2	505	300.00/cwt	300.00–300.00	1,515	1
Steers	550–600	Medium and Large 1	562	318.95/cwt	315.00–321.00	1,792	3
Steers	600–650	Medium and Large 1	610	290.00/cwt	290.00–290.00	1,769	1
Steers	650–700	Medium and Large 1-2	672	268.71/cwt	264.00–276.00	1,806	5
Steers	800–850	Medium and Large 1	816	222.00/cwt	222.00–222.00	1,812	2
Feeder Cattle · Heifers21 lots · lightest first
Heifers	250–300	Medium and Large 1	278	302.84/cwt	295.00–310.00	842	2
Heifers	300–350	Medium and Large 1	310	330.00/cwt	330.00–330.00	1,023	1
Heifers	300–350	Medium and Large 2	315	295.08/cwt	290.00–300.00	930	2
Heifers	300–350	Medium and Large 3	345	285.00/cwt	285.00–285.00	983	1
Heifers	350–400	Medium and Large 3	383	280.50/cwt	280.00–281.00	1,074	2
Heifers	400–450	Medium and Large 2	435	264.00/cwt	264.00–264.00	1,148	1
Heifers	400–450	Medium and Large 1	441	277.60/cwt	276.00–284.00	1,224	11
Heifers	450–500	Medium and Large 1	460	276.00/cwt	276.00–276.00	1,270	4
Heifers	450–500	Medium and Large 2	480	269.70/cwt	263.00–273.00	1,295	14
Heifers	450–500	Medium and Large 3	480	257.00/cwt	257.00–257.00	1,234	2
Heifers	500–550	Medium and Large 1-2	506	255.73/cwt	253.00–266.00	1,294	25
Heifers	500–550	Medium and Large 1	518	252.49/cwt	250.00–255.00	1,308	2
Heifers	500–550	Medium and Large 2	535	240.00/cwt	240.00–240.00	1,284	1
Heifers	550–600	Medium and Large 1-2	573	252.00/cwt	252.00–252.00	1,444	28
Heifers	550–600	Medium and Large 1	575	247.00/cwt	247.00–247.00	1,420	1
Heifers	550–600	Medium and Large 3	585	225.00/cwt	225.00–225.00	1,316	1
Heifers	600–650	Medium and Large 1-2	647	245.00/cwt	245.00–245.00	1,585	4
Heifers	650–700	Medium and Large 1	650	229.00/cwt	229.00–229.00	1,489	1
Heifers	650–700	Medium and Large 1-2	684	235.00/cwt	235.00–235.00	1,607	73
Heifers	750–800	Medium and Large 1	762	219.00/cwt	219.00–219.00	1,669	2
Heifers	1000–1050	Medium and Large 1	1,000	200.00/cwt	200.00–200.00	2,000	1
Feeder Cattle · Bulls13 lots · lightest first
Bulls	400–450	Medium and Large 1	430	305.00/cwt	305.00–305.00	1,312	1
Bulls	400–450	Medium and Large 2	440	280.00/cwt	280.00–280.00	1,232	1
Bulls	450–500	Medium and Large 1	473	308.23/cwt	300.00–313.00	1,458	4
Bulls	450–500	Medium and Large 2	485	290.00/cwt	290.00–290.00	1,407	1
Bulls	500–550	Small 1	520	300.00/cwt	300.00–300.00	1,560	1
Bulls	500–550	Medium and Large 1	533	295.49/cwt	295.00–296.00	1,575	2
Bulls	500–550	Medium and Large 2	540	270.00/cwt	270.00–270.00	1,458	1
Bulls	550–600	Medium and Large 1	555	292.98/cwt	288.00–298.00	1,626	3
Bulls	550–600	Medium and Large 2	555	278.00/cwt	278.00–278.00	1,543	1
Bulls	600–650	Medium and Large 1	605	258.00/cwt	258.00–258.00	1,561	1
Bulls	600–650	Medium and Large 2	640	230.00/cwt	230.00–230.00	1,472	1
Bulls	650–700	Medium and Large 1	665	250.00/cwt	250.00–250.00	1,663	1
Bulls	700–750	Medium and Large 1	715	240.00/cwt	240.00–240.00	1,716	1
Slaughter Cattle · Bulls4 lots · lightest first
Bulls	—	—	1,025	119.50/cwt	119.50–119.50	1,225	1
Bulls	—	—	1,118	125.29/cwt	124.50–126.00	1,401	2
Bulls	—	—	1,438	138.48/cwt	138.00–139.00	1,991	2
Bulls	—	—	1,873	142.23/cwt	141.00–143.50	2,664	2
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	775	70.00/cwt	70.00–70.00	543	1
Cows	—	Boner 80-85%	1,123	113.53/cwt	110.00–117.00	1,275	5
Cows	—	Lean 85-90%	1,190	105.00/cwt	105.00–105.00	1,250	1
Cows	—	Boner 80-85%	1,213	124.14/cwt	121.00–126.00	1,506	4
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 2	735	875.00/head	875.00–875.00	875	1
Bred Cows	—	Medium and Large 2	785	900.00/head	900.00–900.00	900	1
Bred Cows	—	Medium and Large 1	925	1,250.00/head	1,250.00–1,250.00	1,250	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,110	1,400.00/head	1,400.00–1,400.00	1,400	2

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 Mar 11, 2024

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

Feeder CattleReceipts 302Last week 163Year ago 145

Slaughter CattleReceipts 24Last week 17Year ago 22

Replacement CattleReceipts 12Last week 50Year ago 23

Good day, as compared to the last market feeder calves were steady, and slaughter cattle were steady as well.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	250–300	278	295.00–310.00	302.84
1	300–350	310	330.00	330.00
11	400–450	441	276.00–284.00	277.60
4	450–500	460	276.00	276.00
2	500–550	518	250.00–255.00	252.49
1	550–600	575	247.00	247.00
1	650–700	650	229.00	229.00
2	750–800	762	219.00	219.00
1	1000–1050	1,000	200.00	200.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	315	290.00–300.00	295.08
1	400–450	435	264.00	264.00
14	450–500	480	263.00–273.00	269.70
1	500–550	535	240.00	240.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
25	500–550	506	253.00–266.00	255.73
28	550–600	573	252.00	252.00
4	600–650	647	245.00	245.00
73	650–700	684	235.00	235.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	300–350	345	285.00	285.00
2	350–400	383	280.00–281.00	280.50
2	450–500	480	257.00	257.00
1	550–600	585	225.00	225.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	200–250	230	373.00–380.00	376.27
3	350–400	363	365.00–375.00	369.40
6	400–450	428	358.00–370.00	361.31
1	500–550	500	333.00	333.00
3	550–600	562	315.00–321.00	318.95
1	600–650	610	290.00	290.00
2	800–850	816	222.00	222.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	250–300	290	360.00	360.00
2	350–400	365	350.00–370.00	360.14
1	400–450	415	325.00	325.00
2	450–500	475	339.00–344.00	341.53
1	500–550	505	300.00	300.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
3	500–550	502	344.00	344.00
5	650–700	672	264.00–276.00	268.71

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	250–300	265	345.00	345.00
1	300–350	315	340.00	340.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	440	280.00	280.00
1	450–500	485	290.00	290.00
1	500–550	540	270.00	270.00
1	550–600	555	278.00	278.00
1	600–650	640	230.00	230.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	430	305.00	305.00
4	450–500	473	300.00–313.00	308.23
2	500–550	533	295.00–296.00	295.49
3	550–600	555	288.00–298.00	292.98
1	600–650	605	258.00	258.00
1	650–700	665	250.00	250.00
1	700–750	715	240.00	240.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Small 1$ per cwt · actual wt
1	500–550	520	300.00	300.00

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)	1st/2nd Stage (1-6 mo)	1	—	925	1,250.00	1,250.00

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	—	785	900.00	900.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	735	875.00	875.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,110	1,400.00	1,400.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,213	121.00–126.00	124.14
5	—	1,123	110.00–117.00	113.53

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	1,190	105.00	105.00
1	—	775	70.00	70.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,025	119.50	119.50
2	—	1,118	124.50–126.00	125.29
2	—	1,438	138.00–139.00	138.48
2	—	1,873	141.00–143.50	142.23

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.