Sale reports / Mississippi / Meridian Livestock Auction / 2024-05-13

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 13
● Final55 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
317 head
▼ 18 vs last sale 335▼ 57 vs year ago 374 · −15.2%
Slaughter Cattle receipts
22 head
▼ 73 vs last sale 95▼ 18 vs year ago 40 · −45.0%
Replacement Cattle receipts
10 head
▼ 158 vs last sale 168▼ 20 vs year ago 30 · −66.7%
View

Reporter comment USDA

As filed

Good day, as compared to the last market was higher straight across feeders and slaughter. Had some good groups of weaned calves that sold today.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $281.96/cwt on 13 head. That ranks 1 of 27 comparable sales and sits −139.18 against this barn's trailing median of $421.14.
Average price
$281.96
13 head · 555 lb average
Value per head Derived
$1,566
Price × average weight ÷ 100
Grade differential Derived
$186
per head · Medium and Large 1 over Medium and Large 3
$41.11/cwt at this weight
vs the market
−7.58
vs MS average
−28.81 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546303.951,6615thin
Medium and Large 2560284.381,5932thin
Medium and Large 3561262.841,4756thin
One grade step is worth $41.11/cwt here — about $186 a head. Across this sale the premium is widest at 600–700 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 sale13 hd
281.96
—
MS average13 barns · 352 hd
289.55
−7.58
National average163 barns · 10,302 hd
310.77
−28.81
This barn, trailing median27 sales
421.14
−139.18
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—Low1,607150.072,4123thin
CowsBoner 80-85%Average1,201121.301,4579thin
CowsLean 85-90%Very Low99896.009583thin

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)875$1,2501thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,003$2,1654thin

Every lot

55 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 · Steers25 lots · lightest first
Steers300–350Medium and Large 1320357.00/cwt357.00–357.001,1421
Steers300–350Medium and Large 2320336.09/cwt334.00–338.001,0752
Steers350–400Medium and Large 2355337.42/cwt332.00–343.001,1982
Steers350–400Medium and Large 1368350.48/cwt348.00–353.001,2902
Steers400–450Medium and Large 1410340.00/cwt340.00–340.001,3941
Steers400–450Medium and Large 2435320.56/cwt318.00–323.001,3942
Steers450–500Medium and Large 3490306.78/cwt297.00–310.001,5036
Steers500–550Medium and Large 1523307.51/cwt307.00–308.001,6082
Steers500–550Medium and Large 3542261.67/cwt261.00–262.001,4183
Steers550–600Medium and Large 2560284.38/cwt278.00–291.001,5932
Steers550–600Medium and Large 1562301.57/cwt295.00–309.001,6953
Steers550–600Medium and Large 3580264.00/cwt261.00–270.001,5313
Steers600–650Medium and Large 1605252.40/cwt250.00–253.001,5275
Steers600–650Medium and Large 2605240.00/cwt240.00–240.001,4521
Steers600–650Medium and Large 3605221.00/cwt221.00–221.001,3371
Steers600–650Medium and Large 1-2632266.00/cwt266.00–266.001,68112
Steers650–700Medium and Large 2650236.00/cwt236.00–236.001,5341
Steers650–700Medium and Large 1-2660268.00/cwt268.00–268.001,7693
Steers650–700Medium and Large 1668251.35/cwt249.00–253.001,6793
Steers700–750Medium and Large 2712230.94/cwt224.00–235.001,6443
Steers750–800Medium and Large 1-2772231.00/cwt231.00–231.001,7839
Steers750–800Medium and Large 1796236.00/cwt236.00–236.001,8798
Steers850–900Medium and Large 1872221.06/cwt217.00–229.001,9283
Steers950–1000Medium and Large 1-2980202.00/cwt202.00–202.001,98027
Steers1150–1200Medium and Large 11,165192.00/cwt192.00–192.002,2371
Feeder Cattle · Heifers16 lots · lightest first
Heifers250–300Medium and Large 1290290.00/cwt290.00–290.008411
Heifers350–400Medium and Large 1381299.25/cwt293.00–300.001,1409
Heifers350–400Medium and Large 2392281.69/cwt278.00–283.001,1046
Heifers400–450Medium and Large 1415274.61/cwt271.00–280.001,1403
Heifers400–450Medium and Large 1-2418303.00/cwt303.00–303.001,26725
Heifers450–500Medium and Large 2460268.53/cwt267.00–270.001,2352
Heifers450–500Medium and Large 3468252.89/cwt250.00–256.001,1842
Heifers500–550Medium and Large 1504253.65/cwt244.00–255.001,27816
Heifers500–550Medium and Large 1-2525263.00/cwt263.00–263.001,38117
Heifers500–550Medium and Large 2525240.00/cwt240.00–240.001,2601
Heifers550–600Medium and Large 1570245.00/cwt245.00–245.001,3971
Heifers550–600Medium and Large 2585240.09/cwt235.00–243.001,4053
Heifers600–650Medium and Large 1625233.35/cwt232.00–240.001,4586
Heifers650–700Medium and Large 2687220.00/cwt220.00–220.001,5114
Heifers700–750Medium and Large 2730221.00/cwt221.00–221.001,6136
Heifers750–800Medium and Large 2773215.51/cwt213.00–218.001,6662
Feeder Cattle · Bulls5 lots · lightest first
Bulls400–450Medium and Large 1427294.07/cwt290.00–300.001,2563
Bulls450–500Medium and Large 2460286.00/cwt286.00–286.001,3161
Bulls450–500Medium and Large 1473292.67/cwt291.00–295.001,3843
Bulls500–550Medium and Large 1505285.00/cwt285.00–285.001,4391
Bulls550–600Medium and Large 2555274.00/cwt274.00–274.001,5211
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,385142.00/cwt142.00–142.001,9671
Bulls——1,718154.10/cwt152.50–155.502,6472
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%88594.00/cwt94.00–94.008321
Cows—Lean 85-90%1,05082.00/cwt82.00–82.008611
Cows—Lean 85-90%1,060112.00/cwt112.00–112.001,1871
Cows—Boner 80-85%1,180117.43/cwt115.50–119.501,3864
Cows—Boner 80-85%1,218124.39/cwt120.00–128.501,5155
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,0032,165.34/head2,000.00–2,300.002,1654
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 28751,250.00/head1,250.00–1,250.001,2501

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.