Sale reports / Mississippi / Meridian Livestock Auction / 2024-05-27

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-05-27
Creator: RaisedBeef
Published: 2024-05-27

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 27

● Final58 lots reportedUSDA AMS · slug 2112

← May 20May 27Jun 3 →

Feeder Cattle receipts

149 head

▼ 201 vs last sale 350▲ 16 vs year ago 133 · +12.0%

Slaughter Cattle receipts

46 head

▼ 2 vs last sale 48▲ 2 vs year ago 44 · +4.5%

Replacement Cattle receipts

24 head

▼ 5 vs last sale 29▲ 11 vs year ago 13 · +84.6%

View

Reporter comment USDA

As filed

Good day, as compared to the last market lighter calves were steady and bigger calves 4-5 higher. Slaughter cattle steady.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $252.17/cwt on 7 head. That ranks 1 of 20 comparable sales and sits −114.64 against this barn's trailing median of $366.81.

Average price

$252.17

7 head · 545 lb average

Value per head Derived

$1,373

Price × average weight ÷ 100

Grade differential Derived

$224

per head · Medium and Large 1 over Medium and Large 3

$31.02/cwt at this weight

vs the market

+4.13

vs MS average

−15.45 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	553	260.03	1,438	4thin
Medium and Large 2	535	248.03	1,327	2thin
Medium and Large 3	530	229.00	1,214	1thin

One grade step is worth $31.02/cwt here — about $224 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 sale7 hd

252.17

—

MS average13 barns · 416 hd

248.04

+4.13

National average129 barns · 6,320 hd

267.62

−15.45

This barn, trailing median20 sales

366.81

−114.64

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

20 sales

Heifers 500–600 lb: high $437.52, low $313.85, median $366.81 across 20 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	1,648	155.95	2,570	2thin
Cows	Boner 80-85%	Average	1,141	132.75	1,515	9thin
Cows	Breaker 75-80%	Average	1,465	114.27	1,674	2thin
Cows	Lean 85-90%	Average	1,013	112.59	1,141	9thin

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	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,183	$1,876	3thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Young (2-4 yrs)	905	$1,825	1thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	785	$1,400	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	830	$1,400	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,385	$2,800	2thin

Every lot

58 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 · Steers18 lots · lightest first
Steers	250–300	Medium and Large 2	285	333.00/cwt	333.00–333.00	949	1
Steers	300–350	Medium and Large 2	305	327.00/cwt	327.00–327.00	997	1
Steers	300–350	Medium and Large 1	310	340.00/cwt	340.00–340.00	1,054	1
Steers	350–400	Medium and Large 1	360	338.97/cwt	335.00–343.00	1,220	4
Steers	400–450	Medium and Large 1	405	322.00/cwt	322.00–322.00	1,304	1
Steers	450–500	Medium and Large 2	475	303.00/cwt	303.00–303.00	1,439	2
Steers	450–500	Medium and Large 1	480	313.00/cwt	313.00–313.00	1,502	1
Steers	500–550	Medium and Large 1	525	300.00/cwt	300.00–300.00	1,575	1
Steers	550–600	Medium and Large 1	573	288.49/cwt	288.00–289.00	1,653	2
Steers	550–600	Medium and Large 2	578	278.36/cwt	272.00–285.00	1,609	2
Steers	550–600	Medium and Large 3	580	249.00/cwt	249.00–249.00	1,444	1
Steers	600–650	Medium and Large 1	628	262.25/cwt	259.00–265.00	1,647	4
Steers	600–650	Medium and Large 2	640	248.35/cwt	246.00–253.00	1,589	3
Steers	650–700	Medium and Large 2	665	255.00/cwt	255.00–255.00	1,696	1
Steers	700–750	Medium and Large 1	725	239.00/cwt	239.00–239.00	1,733	1
Steers	750–800	Medium and Large 1-2	763	244.00/cwt	244.00–244.00	1,862	4
Steers	750–800	Medium and Large 1	785	239.00/cwt	239.00–239.00	1,876	8
Steers	800–850	Medium and Large 1	825	214.00/cwt	214.00–214.00	1,766	1
Feeder Cattle · Heifers17 lots · lightest first
Heifers	300–350	Medium and Large 1	330	305.30/cwt	295.00–315.00	1,007	2
Heifers	350–400	Medium and Large 1	370	298.00/cwt	298.00–298.00	1,103	1
Heifers	350–400	Medium and Large 2	390	287.01/cwt	286.00–288.00	1,119	2
Heifers	400–450	Medium and Large 1	425	277.09/cwt	273.00–280.00	1,178	3
Heifers	400–450	Medium and Large 2	445	260.00/cwt	260.00–260.00	1,157	1
Heifers	500–550	Medium and Large 1	528	261.55/cwt	258.00–265.00	1,381	2
Heifers	500–550	Medium and Large 3	530	229.00/cwt	229.00–229.00	1,214	1
Heifers	500–550	Medium and Large 2	535	248.03/cwt	245.00–251.00	1,327	2
Heifers	550–600	Medium and Large 1	578	258.50/cwt	258.00–259.00	1,494	2
Heifers	600–650	Medium and Large 1	625	236.00/cwt	236.00–236.00	1,475	1
Heifers	650–700	Medium and Large 1	663	236.33/cwt	235.00–241.00	1,567	9
Heifers	650–700	Medium and Large 2	684	229.26/cwt	226.00–233.00	1,568	4
Heifers	700–750	Medium and Large 2	705	220.00/cwt	220.00–220.00	1,551	1
Heifers	750–800	Medium and Large 2	779	213.13/cwt	211.00–216.00	1,660	8
Heifers	750–800	Medium and Large 3	790	209.00/cwt	209.00–209.00	1,651	1
Heifers	800–850	Medium and Large 1	835	219.00/cwt	219.00–219.00	1,829	1
Heifers	850–900	Medium and Large 1-2	892	209.00/cwt	209.00–209.00	1,864	4
Feeder Cattle · Bulls10 lots · lightest first
Bulls	400–450	Medium and Large 2	410	308.00/cwt	308.00–308.00	1,263	1
Bulls	400–450	Medium and Large 1	430	319.05/cwt	317.00–321.00	1,372	2
Bulls	450–500	Medium and Large 3	490	288.00/cwt	288.00–288.00	1,411	1
Bulls	500–550	Medium and Large 1	515	275.00/cwt	275.00–275.00	1,416	1
Bulls	500–550	Medium and Large 2	533	259.52/cwt	258.00–261.00	1,383	2
Bulls	550–600	Medium and Large 1	555	270.00/cwt	270.00–270.00	1,499	1
Bulls	550–600	Medium and Large 3	575	235.00/cwt	235.00–235.00	1,351	1
Bulls	550–600	Medium and Large 2	595	252.00/cwt	252.00–252.00	1,499	1
Bulls	600–650	Medium and Large 1	640	242.00/cwt	242.00–242.00	1,549	1
Bulls	600–650	Medium and Large 2	640	223.00/cwt	223.00–223.00	1,427	1
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,648	155.95/cwt	155.00–157.00	2,570	2
Slaughter Cattle · Cows7 lots · lightest first
Cows	—	Lean 85-90%	993	112.75/cwt	108.50–115.25	1,120	3
Cows	—	Lean 85-90%	1,023	96.89/cwt	93.00–100.00	991	2
Cows	—	Lean 85-90%	1,024	120.33/cwt	117.00–124.00	1,232	4
Cows	—	Boner 80-85%	1,106	129.19/cwt	127.50–131.50	1,429	4
Cows	—	Boner 80-85%	1,145	134.50/cwt	133.50–135.50	1,540	4
Cows	—	Boner 80-85%	1,265	140.00/cwt	140.00–140.00	1,771	1
Cows	—	Breaker 75-80%	1,465	114.27/cwt	113.50–115.00	1,674	2
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows	—	Medium and Large 2	785	1,400.00/head	1,400.00–1,400.00	1,400	1
Bred Cows	—	Medium and Large 2	830	1,400.00/head	1,400.00–1,400.00	1,400	1
Bred Cows	—	Medium and Large 1	905	1,825.00/head	1,825.00–1,825.00	1,825	1
Bred Cows	—	Medium and Large 1	1,183	1,876.06/head	1,750.00–2,100.00	1,876	3
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1	1,385	2,800.00/head	2,800.00–2,800.00	2,800	2

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 May 27, 2024

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

Feeder CattleReceipts 149Last week 350Year ago 133

Slaughter CattleReceipts 46Last week 48Year ago 44

Replacement CattleReceipts 24Last week 29Year ago 13

Good day, as compared to the last market lighter calves were steady and bigger calves 4-5 higher. Slaughter cattle steady.

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	410	308.00	308.00
2	500–550	533	258.00–261.00	259.52
1	550–600	595	252.00	252.00
1	600–650	640	223.00	223.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	400–450	430	317.00–321.00	319.05
1	500–550	515	275.00	275.00
1	550–600	555	270.00	270.00
1	600–650	640	242.00	242.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	450–500	490	288.00	288.00
1	550–600	575	235.00	235.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	250–300	285	333.00	333.00
1	300–350	305	327.00	327.00
2	450–500	475	303.00	303.00
2	550–600	578	272.00–285.00	278.36
3	600–650	640	246.00–253.00	248.35
1	650–700	665	255.00	255.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	300–350	310	340.00	340.00
4	350–400	360	335.00–343.00	338.97
1	400–450	405	322.00	322.00
1	450–500	480	313.00	313.00
1	500–550	525	300.00	300.00
2	550–600	573	288.00–289.00	288.49
4	600–650	628	259.00–265.00	262.25
1	700–750	725	239.00	239.00
8	750–800	785	239.00	239.00
1	800–850	825	214.00	214.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
4	750–800	763	244.00	244.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	550–600	580	249.00	249.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	350–400	390	286.00–288.00	287.01
1	400–450	445	260.00	260.00
2	500–550	535	245.00–251.00	248.03
4	650–700	684	226.00–233.00	229.26
1	700–750	705	220.00	220.00
8	750–800	779	211.00–216.00	213.13

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	850–900	892	209.00	209.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	300–350	330	295.00–315.00	305.30
1	350–400	370	298.00	298.00
3	400–450	425	273.00–280.00	277.09
2	500–550	528	258.00–265.00	261.55
2	550–600	578	258.00–259.00	258.50
1	600–650	625	236.00	236.00
9	650–700	663	235.00–241.00	236.33
1	800–850	835	219.00	219.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	500–550	530	229.00	229.00
1	750–800	790	209.00	209.00

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
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,183	1,750.00–2,100.00	1,876.06
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	1	—	905	1,825.00	1,825.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	785	1,400.00	1,400.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	830	1,400.00	1,400.00

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	—	1,385	2,800.00	2,800.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,145	133.50–135.50	134.50
4	—	1,106	127.50–131.50	129.19
1	—	1,265	140.00	140.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	1,024	117.00–124.00	120.33
2	—	1,023	93.00–100.00	96.89
3	—	993	108.50–115.25	112.75

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,465	113.50–115.00	114.27

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,648	155.00–157.00	155.95

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.