Sale reports / Mississippi / Meridian Livestock Auction / 2024-04-15

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-04-15
Creator: RaisedBeef
Published: 2024-04-15

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 15

● Final29 lots reportedUSDA AMS · slug 2112

← Apr 8Apr 15Apr 22 →

Feeder Cattle receipts

53 head

▼ 86 vs last sale 139▼ 384 vs year ago 437 · −87.9%

Slaughter Cattle receipts

21 head

▲ 6 vs last sale 15▼ 41 vs year ago 62 · −66.1%

Replacement Cattle receipts

52 head

▲ 29 vs last sale 23▼ 69 vs year ago 121 · −57.0%

View

Reporter comment USDA

As filed

Good day, due to the small offering of cattle today was unable to get trends. But we did have some very nice gentle pairs that brought it all.

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 $263.67/cwt on 3 head. That ranks 1 of 27 comparable sales and sits −157.47 against this barn's trailing median of $421.14.

Average price

$263.67

3 head · 532 lb average

Value per head Derived

$1,402

Price × average weight ÷ 100

Grade differential Derived

$107

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

$19.00/cwt at this weight

vs the market

−8.83

vs MS average

−40.72 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	533	270.00	1,438	2thin
Medium and Large 3	530	251.00	1,330	1thin

One grade step is worth $19.00/cwt here — about $107 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 sale3 hd

263.67

—

MS average12 barns · 250 hd

272.50

−8.83

National average171 barns · 11,979 hd

304.39

−40.72

This barn, trailing median27 sales

421.14

−157.47

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	1,298	139.74	1,814	2thin
Cows	Boner 80-85%	Low	1,144	127.91	1,463	7thin
Cows	Lean 85-90%	Low	997	102.34	1,021	5thin

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)	Young (2-4 yrs)	1,228	$1,926	2thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,348	$2,786	10

Every lot

29 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 · Steers11 lots · lightest first
Steers	250–300	Medium and Large 1	273	345.20/cwt	341.00–350.00	942	3
Steers	300–350	Medium and Large 2	317	332.68/cwt	330.00–335.00	1,055	3
Steers	300–350	Medium and Large 1	320	341.00/cwt	341.00–341.00	1,091	1
Steers	350–400	Medium and Large 2	360	329.00/cwt	329.00–329.00	1,184	1
Steers	350–400	Medium and Large 3	380	317.00/cwt	317.00–317.00	1,205	1
Steers	400–450	Medium and Large 1	410	345.00/cwt	345.00–345.00	1,415	1
Steers	400–450	Medium and Large 2	415	302.00/cwt	302.00–302.00	1,253	1
Steers	450–500	Medium and Large 3	480	283.10/cwt	278.00–288.00	1,359	2
Steers	500–550	Medium and Large 2	505	270.00/cwt	270.00–270.00	1,364	1
Steers	500–550	Medium and Large 3	530	251.00/cwt	251.00–251.00	1,330	1
Steers	550–600	Medium and Large 2	560	270.00/cwt	270.00–270.00	1,512	1
Feeder Cattle · Heifers5 lots · lightest first
Heifers	250–300	Medium and Large 2	290	290.00/cwt	290.00–290.00	841	1
Heifers	350–400	Medium and Large 2	390	285.00/cwt	285.00–285.00	1,112	1
Heifers	400–450	Medium and Large 3	430	266.00/cwt	266.00–266.00	1,144	1
Heifers	500–550	Medium and Large 2	513	229.93/cwt	225.00–235.00	1,180	2
Heifers	600–650	Medium and Large 2	615	225.00/cwt	225.00–225.00	1,384	1
Feeder Cattle · Bulls4 lots · lightest first
Bulls	400–450	Medium and Large 2	420	288.00/cwt	288.00–288.00	1,210	1
Bulls	450–500	Medium and Large 2	450	280.00/cwt	280.00–280.00	1,260	1
Bulls	500–550	Medium and Large 2	510	248.51/cwt	247.00–250.00	1,267	2
Bulls	650–700	Medium and Large 1	683	197.51/cwt	195.00–200.00	1,349	2
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,298	139.74/cwt	135.00–145.00	1,814	2
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	948	96.87/cwt	96.00–97.50	918	2
Cows	—	Lean 85-90%	970	90.00/cwt	90.00–90.00	873	1
Cows	—	Lean 85-90%	1,060	113.98/cwt	113.00–115.00	1,208	2
Cows	—	Boner 80-85%	1,137	130.69/cwt	129.50–132.50	1,486	3
Cows	—	Boner 80-85%	1,149	125.83/cwt	124.00–128.50	1,446	4
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 1	1,228	1,925.87/head	1,825.00–2,000.00	1,926	2
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1	1,215	2,650.00/head	2,650.00–2,650.00	2,650	2
Cow-Calf Pairs	—	Medium and Large 1	1,381	2,819.55/head	2,450.00–3,050.00	2,820	8

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 Apr 15, 2024

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

Feeder CattleReceipts 53Last week 139Year ago 437

Slaughter CattleReceipts 21Last week 15Year ago 62

Replacement CattleReceipts 52Last week 23Year ago 121

Good day, due to the small offering of cattle today was unable to get trends. But we did have some very nice gentle pairs that brought it all.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,298	135.00–145.00	139.74

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	948	96.00–97.50	96.87
2	—	1,060	113.00–115.00	113.98
1	—	970	90.00	90.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,149	124.00–128.50	125.83
3	—	1,137	129.50–132.50	130.69

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	400–450	420	288.00	288.00
1	450–500	450	280.00	280.00
2	500–550	510	247.00–250.00	248.51

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	650–700	683	195.00–200.00	197.51

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
3	300–350	317	330.00–335.00	332.68
1	350–400	360	329.00	329.00
1	400–450	415	302.00	302.00
1	500–550	505	270.00	270.00
1	550–600	560	270.00	270.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	350–400	380	317.00	317.00
2	450–500	480	278.00–288.00	283.10
1	500–550	530	251.00	251.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	250–300	273	341.00–350.00	345.20
1	300–350	320	341.00	341.00
1	400–450	410	345.00	345.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	250–300	290	290.00	290.00
1	350–400	390	285.00	285.00
2	500–550	513	225.00–235.00	229.93
1	600–650	615	225.00	225.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	400–450	430	266.00	266.00

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/2nd Stage (1-6 mo)	2	—	1,228	1,825.00–2,000.00	1,925.87

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)	Open	2	—	1,215	2,650.00	2,650.00
Middle Aged (5-8 yrs)	Open	8	—	1,381	2,450.00–3,050.00	2,819.55

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.