Sale reports / Mississippi / Meridian Livestock Auction / 2024-03-25

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-03-25
Creator: RaisedBeef
Published: 2024-03-25

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 25

● Final61 lots reportedUSDA AMS · slug 2112

← Mar 18Mar 25Apr 1 →

Feeder Cattle receipts

340 head

▲ 288 vs last sale 52▲ 62 vs year ago 278 · +22.3%

Slaughter Cattle receipts

14 head

▼ 14 vs last sale 28▼ 18 vs year ago 32 · −56.3%

Replacement Cattle receipts

13 head

▲ 13 vs last sale 0▼ 19 vs year ago 32 · −59.4%

View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. But had some very nice weaned calves that brought it all. Slaughter cows and bulls 3-5 higher.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $306.12/cwt on 85 head. That ranks 1 of 27 comparable sales and sits −115.02 against this barn's trailing median of $421.14.

Average price

$306.12

85 head · 549 lb average

Value per head Derived

$1,681

Price × average weight ÷ 100

Grade differential Derived

$111

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

$59.25/cwt at this weight

vs the market

+6.14

vs MS average

−4.14 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	501	329.25	1,650	27
Medium and Large 1	571	295.90	1,690	56
Medium and Large 2	590	290.00	1,711	1thin
Medium and Large 3	570	270.00	1,539	1thin

One grade step is worth $59.25/cwt here — about $111 a head. Across this sale the premium is widest at 200–300 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 sale85 hd

306.12

—

MS average13 barns · 325 hd

299.99

+6.14

National average156 barns · 8,291 hd

310.26

−4.14

This barn, trailing median27 sales

421.14

−115.02

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

27 sales

Steers 500–600 lb: high $480.61, low $344.60, median $421.14 across 27 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	—	Average	1,581	145.61	2,302	5thin
Cows	Boner 80-85%	Average	1,182	135.93	1,607	3thin
Cows	Lean 85-90%	Average	940	107.43	1,010	3thin

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)	1,000	$1,650	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,285	$1,470	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	940	$1,475	2thin

Every lot

61 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 · Steers23 lots · lightest first
Steers	200–250	Medium and Large 1	220	380.00/cwt	380.00–380.00	836	1
Steers	200–250	Medium and Large 2	245	360.00/cwt	360.00–360.00	882	1
Steers	250–300	Medium and Large 1	270	375.00/cwt	375.00–375.00	1,013	1
Steers	250–300	Medium and Large 3	275	310.00/cwt	310.00–310.00	853	1
Steers	250–300	Medium and Large 2	290	370.00/cwt	370.00–370.00	1,073	1
Steers	300–350	Medium and Large 1	305	375.00/cwt	375.00–375.00	1,144	1
Steers	300–350	Medium and Large 2	315	355.00/cwt	355.00–355.00	1,118	1
Steers	350–400	Medium and Large 1	355	368.00/cwt	368.00–368.00	1,306	1
Steers	350–400	Medium and Large 2	365	358.68/cwt	343.00–366.00	1,309	6
Steers	400–450	Medium and Large 1	434	335.41/cwt	325.00–343.00	1,456	8
Steers	400–450	Medium and Large 2	445	307.00/cwt	307.00–307.00	1,366	1
Steers	450–500	Medium and Large 2	453	315.98/cwt	312.00–320.00	1,431	2
Steers	500–550	Medium and Large 1-2	501	329.25/cwt	325.00–330.00	1,650	27
Steers	500–550	Medium and Large 1	518	300.02/cwt	298.00–303.00	1,554	3
Steers	550–600	Medium and Large 3	570	270.00/cwt	270.00–270.00	1,539	1
Steers	550–600	Medium and Large 1	574	295.67/cwt	295.00–296.00	1,697	53
Steers	550–600	Medium and Large 2	590	290.00/cwt	290.00–290.00	1,711	1
Steers	600–650	Medium and Large 2	605	242.00/cwt	242.00–242.00	1,464	1
Steers	600–650	Medium and Large 1	617	255.61/cwt	250.00–263.00	1,577	3
Steers	700–750	Medium and Large 1-2	733	245.00/cwt	245.00–245.00	1,796	11
Steers	700–750	Medium and Large 1	740	239.00/cwt	239.00–239.00	1,769	1
Steers	750–800	Medium and Large 1-2	758	244.00/cwt	244.00–244.00	1,850	12
Steers	800–850	Medium and Large 1-2	800	240.00/cwt	240.00–240.00	1,920	7
Feeder Cattle · Heifers23 lots · lightest first
Heifers	200–250	Medium and Large 1	220	315.00/cwt	315.00–315.00	693	1
Heifers	250–300	Medium and Large 1	250	325.00/cwt	325.00–325.00	813	1
Heifers	300–350	Medium and Large 1	304	312.79/cwt	310.00–320.00	951	8
Heifers	300–350	Medium and Large 2	305	298.00/cwt	298.00–298.00	909	1
Heifers	350–400	Medium and Large 2	370	293.00/cwt	293.00–293.00	1,084	1
Heifers	400–450	Medium and Large 1	405	290.00/cwt	290.00–290.00	1,175	1
Heifers	400–450	Medium and Large 2	405	268.50/cwt	265.00–273.00	1,087	4
Heifers	450–500	Medium and Large 1	477	286.08/cwt	280.00–289.00	1,365	30
Heifers	450–500	Medium and Large 2	480	272.36/cwt	268.00–273.00	1,307	8
Heifers	500–550	Medium and Large 1	520	253.92/cwt	250.00–258.00	1,320	2
Heifers	500–550	Medium and Large 1-2	532	263.00/cwt	263.00–263.00	1,399	2
Heifers	550–600	Medium and Large 2	550	236.00/cwt	236.00–236.00	1,298	1
Heifers	550–600	Medium and Large 1-2	551	267.00/cwt	267.00–267.00	1,471	15
Heifers	600–650	Medium and Large 1-2	604	257.00/cwt	257.00–257.00	1,552	18
Heifers	600–650	Medium and Large 2	630	235.74/cwt	235.00–236.00	1,485	4
Heifers	600–650	Medium and Large 1	639	243.73/cwt	242.00–244.00	1,557	7
Heifers	650–700	Medium and Large 1	654	239.00/cwt	239.00–239.00	1,563	14
Heifers	650–700	Medium and Large 2	690	231.00/cwt	231.00–231.00	1,594	2
Heifers	700–750	Medium and Large 2	705	223.00/cwt	223.00–223.00	1,572	2
Heifers	700–750	Medium and Large 1	720	237.00/cwt	237.00–237.00	1,706	1
Heifers	750–800	Medium and Large 2	760	215.00/cwt	215.00–215.00	1,634	7
Heifers	800–850	Medium and Large 1	835	195.00/cwt	195.00–195.00	1,628	2
Heifers	850–900	Medium and Large 1	867	190.00/cwt	190.00–190.00	1,647	2
Feeder Cattle · Bulls7 lots · lightest first
Bulls	400–450	Medium and Large 1	418	302.51/cwt	300.00–305.00	1,264	2
Bulls	500–550	Medium and Large 3	515	234.00/cwt	234.00–234.00	1,205	1
Bulls	500–550	Medium and Large 1	529	282.44/cwt	280.00–285.00	1,494	2
Bulls	550–600	Medium and Large 2	570	254.87/cwt	250.00–260.00	1,453	2
Bulls	650–700	Medium and Large 1	665	233.00/cwt	233.00–233.00	1,549	1
Bulls	700–750	Medium and Large 1	705	238.00/cwt	238.00–238.00	1,678	1
Bulls	700–750	Medium and Large 3	710	205.00/cwt	205.00–205.00	1,456	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,133	126.52/cwt	119.00–134.00	1,433	2
Bulls	—	—	1,880	158.33/cwt	158.00–159.00	2,977	3
Slaughter Cattle · Cows3 lots · lightest first
Cows	—	Lean 85-90%	915	101.00/cwt	101.00–101.00	924	1
Cows	—	Lean 85-90%	953	110.64/cwt	105.00–115.00	1,054	2
Cows	—	Boner 80-85%	1,182	135.93/cwt	135.00–137.00	1,607	3
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1	1,000	1,650.00/head	1,650.00–1,650.00	1,650	1
Bred Cows	—	Medium and Large 1	1,285	1,470.00/head	1,470.00–1,470.00	1,470	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	940	1,475.00/head	1,475.00–1,475.00	1,475	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 25, 2024

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

Feeder CattleReceipts 340Last week 52Year ago 278

Slaughter CattleReceipts 14Last week 28Year ago 32

Replacement CattleReceipts 13Last week 0Year ago 32

Good day, as compared to the last market feeder calves were steady. But had some very nice weaned calves that brought it all. Slaughter cows and bulls 3-5 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	200–250	220	380.00	380.00
1	250–300	270	375.00	375.00
1	300–350	305	375.00	375.00
1	350–400	355	368.00	368.00
8	400–450	434	325.00–343.00	335.41
3	500–550	518	298.00–303.00	300.02
53	550–600	574	295.00–296.00	295.67
3	600–650	617	250.00–263.00	255.61
1	700–750	740	239.00	239.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	200–250	245	360.00	360.00
1	250–300	290	370.00	370.00
1	300–350	315	355.00	355.00
6	350–400	365	343.00–366.00	358.68
1	400–450	445	307.00	307.00
2	450–500	453	312.00–320.00	315.98
1	550–600	590	290.00	290.00
1	600–650	605	242.00	242.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
27	500–550	501	325.00–330.00	329.25
11	700–750	733	245.00	245.00
12	750–800	758	244.00	244.00
7	800–850	800	240.00	240.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	250–300	275	310.00	310.00
1	550–600	570	270.00	270.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	550–600	570	250.00–260.00	254.87

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	400–450	418	300.00–305.00	302.51
2	500–550	529	280.00–285.00	282.44
1	650–700	665	233.00	233.00
1	700–750	705	238.00	238.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	500–550	515	234.00	234.00
1	700–750	710	205.00	205.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	200–250	220	315.00	315.00
1	250–300	250	325.00	325.00
8	300–350	304	310.00–320.00	312.79
1	400–450	405	290.00	290.00
30	450–500	477	280.00–289.00	286.08
2	500–550	520	250.00–258.00	253.92
7	600–650	639	242.00–244.00	243.73
14	650–700	654	239.00	239.00
1	700–750	720	237.00	237.00
2	800–850	835	195.00	195.00
2	850–900	867	190.00	190.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	305	298.00	298.00
1	350–400	370	293.00	293.00
4	400–450	405	265.00–273.00	268.50
8	450–500	480	268.00–273.00	272.36
1	550–600	550	236.00	236.00
4	600–650	630	235.00–236.00	235.74
2	650–700	690	231.00	231.00
2	700–750	705	223.00	223.00
7	750–800	760	215.00	215.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
2	500–550	532	263.00	263.00
15	550–600	551	267.00	267.00
18	600–650	604	257.00	257.00

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
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,000	1,650.00	1,650.00
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,285	1,470.00	1,470.00

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	—	940	1,475.00	1,475.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,182	135.00–137.00	135.93

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	953	105.00–115.00	110.64
1	—	915	101.00	101.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,880	158.00–159.00	158.33
2	—	1,133	119.00–134.00	126.52

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.