Sale reports / Mississippi / Meridian Livestock Auction / 2024-04-22

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 22
● Final56 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
232 head
▲ 179 vs last sale 53▼ 298 vs year ago 530 · −56.2%
Slaughter Cattle receipts
30 head
▲ 9 vs last sale 21▼ 7 vs year ago 37 · −18.9%
Replacement Cattle receipts
26 head
▼ 26 vs last sale 52▼ 5 vs year ago 31 · −16.1%
View

Reporter comment USDA

As filed

Good day, had a better run of cattle today. Feeder calves were stronger today market looked good. Slaughter cattle were steady.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $300.69/cwt on 53 head. That ranks 1 of 27 comparable sales and sits −120.45 against this barn's trailing median of $421.14.
Average price
$300.69
53 head · 535 lb average
Value per head Derived
$1,609
Price × average weight ÷ 100
Grade differential Derived
$73
per head · Medium and Large 1-2 over Medium and Large 3
$58.36/cwt at this weight
vs the market
+14.86
vs MS average
−8.86 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2500316.001,58017thin
Medium and Large 1546303.421,65519thin
Medium and Large 2548292.601,60312thin
Medium and Large 3585257.641,5075thin
One grade step is worth $58.36/cwt here — about $73 a head. Across this sale the premium is widest at 500–600 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 sale53 hd
300.69
—
MS average13 barns · 348 hd
285.83
+14.86
National average173 barns · 10,802 hd
309.55
−8.86
This barn, trailing median27 sales
421.14
−120.45
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—Low1,857152.902,8384thin
CowsBoner 80-85%Low1,269129.431,6423thin
CowsLean 85-90%Average1,093118.931,3005thin
CowsBreaker 75-80%Average1,430118.611,6964thin

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/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,515$1,7951thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,140$1,5652thin
Bred Cows2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,138$1,3972thin
Bred Heifers2nd/3rd Stage (4-9 mo)(<2 yrs)934$1,7944thin

Every lot

56 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 · Steers20 lots · lightest first
Steers200–250Medium and Large 1220375.00/cwt375.00–375.008251
Steers250–300Medium and Large 1265360.00/cwt360.00–360.009541
Steers300–350Medium and Large 1305350.00/cwt350.00–350.001,0681
Steers350–400Medium and Large 2370326.85/cwt320.00–333.001,2092
Steers400–450Medium and Large 1432318.74/cwt317.00–321.001,3774
Steers400–450Medium and Large 1-2436345.54/cwt339.00–348.001,50714
Steers400–450Medium and Large 2440306.46/cwt303.00–310.001,3482
Steers450–500Medium and Large 1483316.95/cwt315.00–319.001,5312
Steers500–550Medium and Large 1-2500316.00/cwt316.00–316.001,58017
Steers500–550Medium and Large 1514316.24/cwt316.00–317.001,6254
Steers500–550Medium and Large 2529290.17/cwt289.00–296.001,5357
Steers550–600Medium and Large 1554300.00/cwt300.00–300.001,66215
Steers550–600Medium and Large 2574296.00/cwt296.00–296.001,6995
Steers550–600Medium and Large 3585257.64/cwt253.00–260.001,5075
Steers600–650Medium and Large 1630255.00/cwt255.00–255.001,6076
Steers650–700Medium and Large 2656245.00/cwt245.00–245.001,6073
Steers650–700Medium and Large 1665256.35/cwt250.00–263.001,7052
Steers700–750Medium and Large 1-2718255.00/cwt255.00–255.001,8313
Steers700–750Medium and Large 2725233.00/cwt233.00–233.001,6893
Steers900–950Medium and Large 1930195.00/cwt195.00–195.001,8141
Feeder Cattle · Heifers16 lots · lightest first
Heifers200–250Medium and Large 1205350.00/cwt350.00–350.007181
Heifers250–300Medium and Large 2275317.00/cwt317.00–317.008721
Heifers300–350Medium and Large 1325295.00/cwt295.00–295.009591
Heifers300–350Medium and Large 2335280.00/cwt280.00–280.009381
Heifers400–450Medium and Large 1423282.06/cwt280.00–284.001,1935
Heifers400–450Medium and Large 1-2425290.00/cwt290.00–290.001,2338
Heifers400–450Medium and Large 2429267.50/cwt264.00–271.001,1484
Heifers450–500Medium and Large 2460260.00/cwt260.00–260.001,1961
Heifers450–500Medium and Large 1466276.67/cwt276.00–277.001,2893
Heifers450–500Medium and Large 3495251.00/cwt251.00–251.001,2421
Heifers500–550Medium and Large 1-2506272.33/cwt270.00–273.001,37818
Heifers500–550Medium and Large 3510229.00/cwt229.00–229.001,1681
Heifers500–550Medium and Large 1532258.72/cwt252.00–260.001,3766
Heifers500–550Medium and Large 2545243.00/cwt243.00–243.001,3241
Heifers550–600Medium and Large 1563256.00/cwt256.00–256.001,4415
Heifers650–700Medium and Large 2681220.32/cwt220.00–221.001,5003
Feeder Cattle · Bulls8 lots · lightest first
Bulls400–450Medium and Large 1428315.47/cwt311.00–320.001,3502
Bulls450–500Medium and Large 3495261.00/cwt260.00–262.001,2922
Bulls500–550Medium and Large 1513275.91/cwt270.00–282.001,4152
Bulls500–550Medium and Large 2540250.00/cwt250.00–250.001,3501
Bulls550–600Medium and Large 2565257.00/cwt257.00–257.001,4521
Bulls600–650Medium and Large 1600257.00/cwt255.00–259.001,5422
Bulls600–650Medium and Large 2645236.00/cwt236.00–236.001,5221
Bulls650–700Medium and Large 3675210.00/cwt210.00–210.001,4181
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,660147.00/cwt147.00–147.002,4401
Bulls——1,922154.86/cwt152.50–157.002,9763
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%1,093118.93/cwt115.50–122.501,3005
Cows—Boner 80-85%1,208131.65/cwt128.50–135.001,5902
Cows—Boner 80-85%1,390125.00/cwt125.00–125.001,7381
Cows—Breaker 75-80%1,430118.61/cwt115.50–122.501,6964
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 29751,430.00/head1,430.00–1,430.001,4301
Bred Cows—Medium and Large 11,1381,397.14/head1,300.00–1,470.001,3972
Bred Cows—Medium and Large 11,3051,700.00/head1,700.00–1,700.001,7001
Bred Cows—Medium and Large 11,5151,795.00/head1,795.00–1,795.001,7951
Replacement Cattle · Bred Heifers2 lots · lightest first
Bred Heifers—Medium and Large 28851,400.00/head1,400.00–1,400.001,4001
Bred Heifers—Medium and Large 19501,925.00/head1,925.00–1,925.001,9253

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.