Sale reports / Mississippi / Meridian Livestock Auction / 2024-04-08

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 8
● Final47 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
139 head
▼ 60 vs last sale 199▼ 75 vs year ago 214 · −35.0%
Slaughter Cattle receipts
15 head
▼ 15 vs last sale 30▼ 21 vs year ago 36 · −58.3%
Replacement Cattle receipts
23 head
▲ 0 vs last sale 23▼ 4 vs year ago 27 · −14.8%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves a little cheaper, but still bringing good money. Slaughter cows and bulls a little cheaper did not have the quality cattle we have been having.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $274.84/cwt on 9 head. That ranks 1 of 27 comparable sales and sits −146.30 against this barn's trailing median of $421.14.
Average price
$274.84
9 head · 549 lb average
Value per head Derived
$1,510
Price × average weight ÷ 100
Grade differential Derived
$19
per head · Medium and Large 1 over Medium and Large 2
$16.74/cwt at this weight
vs the market
−1.99
vs MS average
−30.63 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1532286.001,5223thin
Medium and Large 2558269.261,5026thin
One grade step is worth $16.74/cwt here — about $19 a head. Across this sale the premium is widest at 400–500 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 sale9 hd
274.84
—
MS average11 barns · 144 hd
276.83
−1.99
National average170 barns · 11,306 hd
305.47
−30.63
This barn, trailing median27 sales
421.14
−146.30
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
495440385331median 421.1403/0204/2007/0609/1411/02
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Average1,330129.001,7161thin
CowsBoner 80-85%Average1,075128.571,3824thin
CowsBreaker 75-80%Average1,325122.001,6171thin
CowsLean 85-90%Average1,093116.181,2703thin

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 Stage (1-3 mo)Young (2-4 yrs)1,205$1,8751thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,095$1,8253thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,045$1,6002thin
Cow-Calf PairsOpenAged (>8 yrs)1,095$1,4502thin

Every lot

47 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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers18 lots · lightest first
Steers250–300Medium and Large 1272371.04/cwt365.00–375.001,0093
Steers300–350Medium and Large 1305358.00/cwt358.00–358.001,0921
Steers350–400Medium and Large 1360350.00/cwt350.00–350.001,2601
Steers350–400Medium and Large 2393332.79/cwt325.00–338.001,3085
Steers350–400Medium and Large 3395315.00/cwt315.00–315.001,2441
Steers400–450Medium and Large 1420323.15/cwt315.00–338.001,3573
Steers400–450Medium and Large 2425292.00/cwt292.00–292.001,2411
Steers450–500Medium and Large 1478318.00/cwt318.00–318.001,5203
Steers450–500Medium and Large 2478291.49/cwt290.00–293.001,3932
Steers450–500Medium and Large 3488280.00/cwt280.00–280.001,3662
Steers500–550Medium and Large 2508271.48/cwt268.00–275.001,3792
Steers500–550Medium and Large 1532286.00/cwt283.00–290.001,5223
Steers550–600Medium and Large 2583268.15/cwt260.00–275.001,5634
Steers600–650Medium and Large 1605260.00/cwt260.00–260.001,5731
Steers600–650Medium and Large 2645240.00/cwt240.00–240.001,5481
Steers750–800Medium and Large 1758226.00/cwt226.00–226.001,7137
Steers850–900Medium and Large 1875205.00/cwt205.00–205.001,7943
Steers900–950Medium and Large 1935200.00/cwt200.00–200.001,8703
Feeder Cattle · Heifers15 lots · lightest first
Heifers200–250Medium and Large 1215335.00/cwt335.00–335.007201
Heifers350–400Medium and Large 1367293.50/cwt290.00–300.001,0773
Heifers350–400Medium and Large 2380280.00/cwt280.00–280.001,0641
Heifers350–400Medium and Large 3385265.00/cwt265.00–265.001,0201
Heifers400–450Medium and Large 2413269.94/cwt265.00–275.001,1153
Heifers450–500Medium and Large 3465248.00/cwt248.00–248.001,1531
Heifers450–500Medium and Large 1470285.00/cwt285.00–285.001,3401
Heifers500–550Medium and Large 2520284.52/cwt235.00–335.001,4802
Heifers500–550Medium and Large 1530245.00/cwt245.00–245.001,2991
Heifers550–600Medium and Large 3560198.93/cwt195.00–203.001,1142
Heifers550–600Medium and Large 2570235.59/cwt233.00–238.001,3432
Heifers550–600Medium and Large 1572249.35/cwt248.00–250.001,4263
Heifers600–650Medium and Large 1605226.00/cwt226.00–226.001,3671
Heifers650–700Medium and Large 2675200.00/cwt200.00–200.001,3501
Heifers700–750Medium and Large 2710205.00/cwt205.00–205.001,4562
Feeder Cattle · Bulls4 lots · lightest first
Bulls450–500Medium and Large 2480285.00/cwt285.00–285.001,3681
Bulls500–550Medium and Large 2505248.00/cwt248.00–248.001,2521
Bulls500–550Medium and Large 3510230.00/cwt230.00–230.001,1731
Bulls700–750Medium and Large 2740185.00/cwt185.00–185.001,3691
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,330129.00/cwt129.00–129.001,7161
Slaughter Cattle · Cows4 lots · lightest first
Cows—Boner 80-85%1,058129.76/cwt128.00–131.001,3733
Cows—Lean 85-90%1,093116.18/cwt110.00–120.001,2703
Cows—Boner 80-85%1,125125.00/cwt125.00–125.001,4061
Cows—Breaker 75-80%1,325122.00/cwt122.00–122.001,6171
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 28651,350.00/head1,350.00–1,350.001,3501
Bred Cows—Medium and Large 11,0951,824.70/head1,775.00–1,875.001,8253
Bred Cows—Medium and Large 11,2051,875.00/head1,875.00–1,875.001,8751
Bred Cows—Medium and Large 11,2251,850.00/head1,850.00–1,850.001,8501
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,0951,450.00/head1,450.00–1,450.001,4502

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.