Sale reports / Mississippi / Meridian Livestock Auction / 2024-06-10

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 10
● Final56 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
154 head
▼ 323 vs last sale 477▼ 186 vs year ago 340 · −54.7%
Slaughter Cattle receipts
60 head
▲ 29 vs last sale 31▼ 14 vs year ago 74 · −18.9%
Replacement Cattle receipts
25 head
▲ 5 vs last sale 20▲ 9 vs year ago 16 · +56.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 3-5 higher and 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 $280.39/cwt on 7 head. That ranks 1 of 27 comparable sales and sits −140.75 against this barn's trailing median of $421.14.
Average price
$280.39
7 head · 537 lb average
Value per head Derived
$1,506
Price × average weight ÷ 100
Grade differential Derived
$85
per head · Medium and Large 1 over Medium and Large 3
$41.97/cwt at this weight
vs the market
+2.74
vs MS average
−19.03 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1510300.941,5353thin
Medium and Large 2550283.001,5571thin
Medium and Large 3560258.971,4503thin
One grade step is worth $41.97/cwt here — about $85 a head. Across this sale the premium is widest at 400–500 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
280.39
—
MS average12 barns · 383 hd
277.65
+2.74
National average149 barns · 7,793 hd
299.42
−19.03
This barn, trailing median27 sales
421.14
−140.75
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—Average1,694159.352,6994thin
CowsBoner 80-85%Average1,156135.891,5727thin
CowsBreaker 75-80%Average1,765130.002,2951thin
CowsLean 85-90%Low935117.831,10212

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/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,090$1,9001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,390$1,8001thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,035$1,6501thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,130$1,6251thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,035$1,5501thin
Bred Heifers1st/2nd Stage (1-6 mo)(<2 yrs)985$1,6251thin
Cow-Calf Pairs1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,420$3,0002thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,475$2,5534thin

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
Steers350–400Medium and Large 1373335.35/cwt333.00–338.001,2512
Steers350–400Medium and Large 2390330.00/cwt330.00–330.001,2871
Steers400–450Medium and Large 3413292.36/cwt285.00–300.001,2072
Steers400–450Medium and Large 1415339.92/cwt335.00–345.001,4115
Steers400–450Medium and Large 2420325.18/cwt320.00–330.001,3662
Steers450–500Medium and Large 2475323.00/cwt323.00–323.001,5341
Steers450–500Medium and Large 3475290.00/cwt290.00–290.001,3782
Steers500–550Medium and Large 1510300.94/cwt295.00–313.001,5353
Steers500–550Medium and Large 3540263.00/cwt263.00–263.001,4201
Steers550–600Medium and Large 2550283.00/cwt283.00–283.001,5571
Steers550–600Medium and Large 3570256.95/cwt255.00–259.001,4652
Steers600–650Medium and Large 1611271.54/cwt265.00–273.001,65913
Steers600–650Medium and Large 2629255.00/cwt248.00–257.001,60413
Steers650–700Medium and Large 3657239.35/cwt235.00–243.001,5733
Steers650–700Medium and Large 2675259.00/cwt259.00–259.001,7482
Steers700–750Medium and Large 1735242.00/cwt242.00–242.001,7794
Steers750–800Medium and Large 1762242.00/cwt242.00–242.001,8445
Steers750–800Medium and Large 2783233.00/cwt233.00–233.001,8243
Steers800–850Medium and Large 1820236.00/cwt236.00–236.001,9351
Steers950–1000Medium and Large 1973186.00/cwt186.00–186.001,8102
Feeder Cattle · Heifers13 lots · lightest first
Heifers300–350Medium and Large 2320288.00/cwt288.00–288.009221
Heifers350–400Medium and Large 2350295.00/cwt295.00–295.001,0331
Heifers350–400Medium and Large 1368308.00/cwt308.00–308.001,1332
Heifers400–450Medium and Large 1410287.53/cwt285.00–290.001,1792
Heifers400–450Medium and Large 2423268.98/cwt268.00–270.001,1382
Heifers400–450Medium and Large 3445258.00/cwt258.00–258.001,1481
Heifers500–550Medium and Large 1523260.28/cwt258.00–263.001,3613
Heifers500–550Medium and Large 3545235.00/cwt235.00–235.001,2811
Heifers550–600Medium and Large 3585230.97/cwt229.00–233.001,3512
Heifers550–600Medium and Large 2590240.00/cwt240.00–240.001,4161
Heifers650–700Medium and Large 1658229.05/cwt225.00–233.001,5072
Heifers700–750Medium and Large 1705225.00/cwt225.00–225.001,5861
Heifers750–800Medium and Large 2760210.00/cwt210.00–210.001,5961
Feeder Cattle · Bulls7 lots · lightest first
Bulls450–500Medium and Large 2480280.00/cwt280.00–280.001,3441
Bulls500–550Medium and Large 1518279.88/cwt275.00–285.001,4502
Bulls550–600Medium and Large 2570250.00/cwt250.00–250.001,4251
Bulls550–600Medium and Large 3575246.00/cwt246.00–246.001,4151
Bulls600–650Medium and Large 1618254.90/cwt250.00–260.001,5752
Bulls650–700Medium and Large 3670210.00/cwt210.00–210.001,4071
Bulls700–750Medium and Large 1715241.00/cwt241.00–241.001,7231
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,533152.38/cwt150.00–154.002,3362
Bulls——1,855166.31/cwt165.00–167.503,0852
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%886114.52/cwt110.00–118.001,0155
Cows—Lean 85-90%955124.89/cwt120.00–129.001,1936
Cows—Lean 85-90%1,06592.00/cwt92.00–92.009801
Cows—Boner 80-85%1,113139.42/cwt137.50–140.501,5523
Cows—Boner 80-85%1,189133.25/cwt131.00–135.001,5844
Cows—Breaker 75-80%1,765130.00/cwt130.00–130.002,2951
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 11,0351,650.00/head1,650.00–1,650.001,6501
Bred Cows—Medium and Large 21,0351,550.00/head1,550.00–1,550.001,5501
Bred Cows—Medium and Large 11,0901,900.00/head1,900.00–1,900.001,9001
Bred Cows—Medium and Large 11,1301,625.00/head1,625.00–1,625.001,6251
Bred Cows—Medium and Large 11,3901,800.00/head1,800.00–1,800.001,8001
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,4203,000.00/head3,000.00–3,000.003,0002
Cow-Calf Pairs—Medium and Large 11,4752,553.05/head2,450.00–2,650.002,5534
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 19851,625.00/head1,625.00–1,625.001,6251

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.