Sale reports / Mississippi / Meridian Livestock Auction / 2024-05-06

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 6
● Final83 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
335 head
▲ 121 vs last sale 214▲ 142 vs year ago 193 · +73.6%
Slaughter Cattle receipts
95 head
▲ 54 vs last sale 41▲ 40 vs year ago 55 · +72.7%
Replacement Cattle receipts
168 head
▲ 137 vs last sale 31▲ 134 vs year ago 34 · +394.1%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls were steady as well. Sold some really nice stock cows that brought good money.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $284.22/cwt on 28 head. That ranks 1 of 27 comparable sales and sits −136.92 against this barn's trailing median of $421.14.
Average price
$284.22
28 head · 544 lb average
Value per head Derived
$1,545
Price × average weight ÷ 100
Grade differential Derived
$25
per head · Medium and Large 1 over Medium and Large 3
$36.33/cwt at this weight
vs the market
+1.90
vs MS average
−25.49 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1507304.781,5459thin
Medium and Large 2545291.371,5895thin
Medium and Large 3566268.451,52114thin
One grade step is worth $36.33/cwt here — about $25 a head. Across this sale the premium is widest at 700–800 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 sale28 hd
284.22
—
MS average13 barns · 228 hd
282.32
+1.90
National average167 barns · 10,730 hd
309.71
−25.49
This barn, trailing median27 sales
421.14
−136.92
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—Average1,824146.652,6756thin
CowsBoner 80-85%Average1,289116.031,4968thin
CowsBreaker 75-80%Average1,38599.881,3834thin
CowsLean 85-90%Average1,09698.891,08313

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 Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,213$1,8065
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,092$1,6703thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,055$1,6642thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,003$1,3752thin
Cow-Calf Pairs1st Stage (1-3 mo)Young (2-4 yrs)1,188$2,8384thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,273$2,5858

Every lot

83 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 · Steers27 lots · lightest first
Steers250–300Medium and Large 2276345.00/cwt345.00–345.009524
Steers300–350Medium and Large 2320340.00/cwt340.00–340.001,0881
Steers300–350Medium and Large 1323346.44/cwt345.00–348.001,1192
Steers350–400Medium and Large 3373321.01/cwt319.00–323.001,1972
Steers350–400Medium and Large 1380354.11/cwt345.00–360.001,3463
Steers400–450Medium and Large 1430325.38/cwt320.00–330.001,39912
Steers400–450Medium and Large 2430318.00/cwt318.00–318.001,3671
Steers450–500Medium and Large 2463317.48/cwt316.00–319.001,4702
Steers450–500Medium and Large 3468305.11/cwt301.00–309.001,4282
Steers500–550Medium and Large 1507304.78/cwt300.00–311.001,5459
Steers500–550Medium and Large 2522296.31/cwt292.00–299.001,5473
Steers500–550Medium and Large 3533264.93/cwt260.00–270.001,4122
Steers550–600Medium and Large 3572269.04/cwt260.00–277.001,53912
Steers550–600Medium and Large 2580283.97/cwt283.00–285.001,6472
Steers600–650Medium and Large 2602243.00/cwt243.00–243.001,4632
Steers600–650Medium and Large 1635260.00/cwt260.00–260.001,6511
Steers650–700Medium and Large 2653241.25/cwt241.00–243.001,5758
Steers650–700Medium and Large 1668254.22/cwt250.00–256.001,6984
Steers650–700Medium and Large 3685219.00/cwt218.00–220.001,5004
Steers700–750Medium and Large 1710271.00/cwt271.00–271.001,9241
Steers700–750Medium and Large 2715230.00/cwt230.00–230.001,6451
Steers700–750Medium and Large 3745218.00/cwt218.00–218.001,6244
Steers750–800Medium and Large 2767236.02/cwt229.00–240.001,8103
Steers750–800Medium and Large 3772210.00/cwt210.00–210.001,6212
Steers800–850Medium and Large 1825220.00/cwt220.00–220.001,8151
Steers900–950Medium and Large 1930217.00/cwt217.00–217.002,0181
Steers1000–1050Medium and Large 11,013212.04/cwt206.00–218.002,1482
Feeder Cattle · Heifers23 lots · lightest first
Heifers250–300Medium and Large 1255328.00/cwt328.00–328.008361
Heifers300–350Medium and Large 1310303.00/cwt303.00–303.009391
Heifers300–350Medium and Large 2310280.00/cwt280.00–280.008681
Heifers350–400Medium and Large 3358277.35/cwt275.00–279.009933
Heifers350–400Medium and Large 2373286.64/cwt286.00–290.001,0696
Heifers400–450Medium and Large 2405266.00/cwt266.00–266.001,0771
Heifers400–450Medium and Large 1438272.98/cwt270.00–275.001,1963
Heifers450–500Medium and Large 3468253.66/cwt253.00–254.001,1873
Heifers500–550Medium and Large 1514246.84/cwt245.00–252.001,26910
Heifers500–550Medium and Large 2525237.00/cwt235.00–239.001,2442
Heifers500–550Medium and Large 3535225.00/cwt225.00–225.001,2041
Heifers550–600Medium and Large 3550228.00/cwt228.00–228.001,2541
Heifers550–600Medium and Large 1552249.00/cwt249.00–249.001,3744
Heifers550–600Medium and Large 2580237.00/cwt237.00–237.001,3751
Heifers600–650Medium and Large 2604223.66/cwt220.00–224.001,35112
Heifers600–650Medium and Large 1608238.49/cwt237.00–240.001,4502
Heifers650–700Medium and Large 2660219.04/cwt218.00–222.001,4468
Heifers650–700Medium and Large 3695210.00/cwt210.00–210.001,4601
Heifers700–750Medium and Large 3713200.41/cwt192.00–209.001,4292
Heifers750–800Medium and Large 2750213.00/cwt211.00–215.001,5982
Heifers750–800Medium and Large 3780205.00/cwt205.00–205.001,5991
Heifers750–800Medium and Large 1790225.00/cwt225.00–225.001,7781
Heifers800–850Medium and Large 1813204.64/cwt199.00–215.001,6643
Feeder Cattle · Bulls15 lots · lightest first
Bulls400–450Medium and Large 1420321.00/cwt321.00–321.001,3481
Bulls400–450Medium and Large 2425286.00/cwt286.00–286.001,2161
Bulls400–450Medium and Large 3430278.00/cwt278.00–278.001,1951
Bulls450–500Medium and Large 2470300.00/cwt300.00–300.001,4101
Bulls450–500Medium and Large 3478281.51/cwt280.00–283.001,3462
Bulls500–550Medium and Large 1515287.92/cwt284.00–292.001,4832
Bulls550–600Medium and Large 3555250.00/cwt250.00–250.001,3881
Bulls550–600Medium and Large 2578265.36/cwt261.00–270.001,5342
Bulls600–650Medium and Large 1615230.00/cwt230.00–230.001,4151
Bulls600–650Medium and Large 2620225.00/cwt225.00–225.001,3951
Bulls650–700Medium and Large 1663232.55/cwt230.00–235.001,5422
Bulls650–700Medium and Large 2670217.00/cwt217.00–217.001,4541
Bulls700–750Medium and Large 2710210.00/cwt210.00–210.001,4911
Bulls700–750Medium and Large 1720220.00/cwt220.00–220.001,5841
Bulls750–800Medium and Large 2780207.00/cwt207.00–207.001,6151
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,185132.00/cwt132.00–132.001,5641
Bulls——1,860145.31/cwt142.00–148.002,7032
Bulls——2,013152.42/cwt150.00–155.003,0683
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%86084.72/cwt80.00–89.507292
Cows—Lean 85-90%1,09296.97/cwt93.00–101.501,0596
Cows—Lean 85-90%1,194106.85/cwt102.50–110.001,2765
Cows—Boner 80-85%1,276117.29/cwt114.50–120.001,4976
Cows—Boner 80-85%1,328112.23/cwt112.00–112.501,4902
Cows—Breaker 75-80%1,38599.88/cwt95.00–105.001,3834
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 29151,250.00/head1,250.00–1,250.001,2501
Bred Cows—Medium and Large 11,0551,664.10/head1,625.00–1,700.001,6642
Bred Cows—Medium and Large 21,0651,400.00/head1,400.00–1,400.001,4001
Bred Cows—Medium and Large 11,0901,500.00/head1,500.00–1,500.001,5001
Bred Cows—Medium and Large 11,1051,805.03/head1,575.00–1,990.001,8052
Bred Cows—Medium and Large 11,2131,806.14/head1,600.00–1,950.001,8065
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1502,975.00/head2,975.00–2,975.002,9752
Cow-Calf Pairs—Medium and Large 11,2252,700.00/head2,700.00–2,700.002,7002
Cow-Calf Pairs—Medium and Large 11,2732,584.72/head2,300.00–2,850.002,5858

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.