Sale reports / Mississippi / Meridian Livestock Auction / 2024-05-20

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 20
● Final49 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
350 head
▲ 33 vs last sale 317▲ 66 vs year ago 284 · +23.2%
Slaughter Cattle receipts
48 head
▲ 26 vs last sale 22▼ 7 vs year ago 55 · −12.7%
Replacement Cattle receipts
29 head
▲ 19 vs last sale 10▼ 15 vs year ago 44 · −34.1%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were mixed. Slaughter cows and bulls were 3-7 higher.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $284.40/cwt on 8 head. That ranks 1 of 27 comparable sales and sits −136.75 against this barn's trailing median of $421.14.
Average price
$284.40
8 head · 556 lb average
Value per head Derived
$1,582
Price × average weight ÷ 100
Grade differential Derived
—
single grade reported
vs the market
−12.79
vs MS average
−29.71 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2556284.401,5828thin
Only one grade was reported at this weight, so there is no spread to compute.

How it compared 500–600 lb

Same class and week · spot auction only
This sale8 hd
284.40
—
MS average12 barns · 385 hd
297.18
−12.79
National average158 barns · 11,390 hd
314.10
−29.71
This barn, trailing median27 sales
421.14
−136.75
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—Average1,647150.572,48012
CowsBoner 80-85%Low1,178126.181,48618
CowsLean 85-90%Low90896.338753thin

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)Young/Middle Aged (2-8 yrs)1,175$1,6901thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,095$1,6501thin
Bred Cows2nd/3rd Stage (4-9 mo)Young/Middle Aged (2-8 yrs)1,042$1,51312
Bred Cows1st Stage (1-3 mo)Young/Middle Aged (2-8 yrs)959$1,4203thin
Cow-Calf PairsOpenYoung/Middle Aged (2-8 yrs)1,378$2,1478

Every lot

49 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
Steers250–300Medium and Large 1285342.50/cwt342.50–342.509761
Steers300–350Medium and Large 1319334.82/cwt320.00–350.001,0684
Steers350–400Medium and Large 1372343.20/cwt337.50–350.001,2776
Steers350–400Medium and Large 1-2385317.50/cwt317.50–317.501,2221
Steers400–450Medium and Large 1410381.97/cwt322.50–440.001,5662
Steers400–450Medium and Large 1-2413317.85/cwt307.50–325.001,3136
Steers400–450Small 1-2420315.00/cwt315.00–315.001,3231
Steers400–450Medium and Large 3423295.21/cwt290.00–300.001,2492
Steers450–500Medium and Large 1-2466316.88/cwt315.00–320.001,4774
Steers450–500Medium and Large 3473289.81/cwt247.50–305.001,3717
Steers500–550Medium and Large 1-2508296.72/cwt290.00–300.001,5073
Steers550–600Medium and Large 1-2585277.00/cwt275.00–285.001,6205
Steers600–650Small and Medium 1602261.00/cwt261.00–261.001,5714
Steers650–700Medium and Large 1660253.77/cwt252.50–255.001,6752
Steers750–800Medium and Large 1789238.00/cwt238.00–238.001,8789
Steers800–850Medium and Large 1-2810212.00/cwt212.00–212.001,7171
Steers850–900Medium and Large 1852228.72/cwt218.00–229.251,94965
Steers850–900Medium and Large 1-2862207.82/cwt206.00–215.001,7915
Steers900–950Medium and Large 1920200.00/cwt200.00–200.001,8401
Steers950–1000Medium and Large 1978218.75/cwt218.75–218.752,13954
Feeder Cattle · Heifers14 lots · lightest first
Heifers200–250Medium and Large 1200300.00/cwt300.00–300.006001
Heifers250–300Medium and Large 1260310.91/cwt302.50–320.008082
Heifers350–400Medium and Large 2360277.50/cwt277.50–277.509991
Heifers400–450Medium and Large 2400267.50/cwt267.50–267.501,0701
Heifers400–450Medium and Large 1-2440272.44/cwt267.50–277.501,1992
Heifers450–500Medium and Large 3472250.79/cwt245.00–255.001,1843
Heifers500–550Medium and Large 1520239.13/cwt237.00–245.001,2434
Heifers600–650Medium and Large 1-2625226.50/cwt226.50–226.501,4165
Heifers700–750Medium and Large 1719230.92/cwt225.00–240.001,66015
Heifers700–750Medium and Large 1-2728225.00/cwt225.00–225.001,6384
Heifers800–850Medium and Large 1-2824209.37/cwt208.00–215.001,72510
Heifers850–900Medium and Large 1-2875204.00/cwt204.00–204.001,7852
Heifers900–950Medium and Large 1910220.00/cwt220.00–220.002,0022
Heifers1050–1100Medium and Large 11,072202.00/cwt202.00–202.002,16510
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,273138.58/cwt135.00–142.001,7642
Bulls——1,722152.97/cwt146.50–157.502,63410
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%76599.00/cwt99.00–99.007571
Cows—Lean 85-90%93084.00/cwt84.00–84.007811
Cows—Boner 80-85%993119.26/cwt119.00–119.501,1842
Cows—Lean 85-90%1,030106.00/cwt106.00–106.001,0921
Cows—Boner 80-85%1,201127.05/cwt121.00–137.001,52616
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Small and Medium 1-28551,262.16/head730.00–1,550.001,2626
Bred Cows—Small and Medium 1-28901,290.00/head1,290.00–1,290.001,2901
Bred Cows—Medium and Large 1-29931,485.00/head1,485.00–1,485.001,4852
Bred Cows—Medium and Large 1-21,0951,650.00/head1,650.00–1,650.001,6501
Bred Cows—Medium and Large 1-21,1751,690.00/head1,690.00–1,690.001,6901
Bred Cows—Medium and Large 1-21,2291,763.56/head1,600.00–1,950.001,7646
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,3452,112.73/head1,850.00–2,425.002,1136
Cow-Calf Pairs—Medium and Large 1-21,4752,250.00/head2,250.00–2,250.002,2502

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.