Sale reports / Mississippi / Meridian Livestock Auction / 2024-06-17

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-06-17
Creator: RaisedBeef
Published: 2024-06-17

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 17

● Final41 lots reportedUSDA AMS · slug 2112

← Jun 10Jun 17Jun 24 →

Feeder Cattle receipts

145 head

▼ 9 vs last sale 154▼ 57 vs year ago 202 · −28.2%

Slaughter Cattle receipts

11 head

▼ 49 vs last sale 60▼ 58 vs year ago 69 · −84.1%

Replacement Cattle receipts

4 head

▼ 21 vs last sale 25▼ 66 vs year ago 70 · −94.3%

View

Reporter comment USDA

As filed

Good day, as compared to the last market all though had a small offering of cattle today market was good. Feeder steers were steady and heifers were a little stronger. Slaughter cattle were steady.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $294.22/cwt on 31 head. That ranks 1 of 27 comparable sales and sits −126.92 against this barn's trailing median of $421.14.

Average price

$294.22

31 head · 552 lb average

Value per head Derived

$1,623

Price × average weight ÷ 100

Grade differential Derived

$141

per head · Medium and Large 1-2 over Medium and Large 3

$47.66/cwt at this weight

vs the market

+5.62

vs MS average

−6.44 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	534	315.00	1,682	15thin
Medium and Large 1	548	294.03	1,611	4thin
Medium and Large 2	560	279.00	1,562	1thin
Medium and Large 3	577	267.34	1,542	11thin

One grade step is worth $47.66/cwt here — about $141 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 sale31 hd

294.22

—

MS average12 barns · 379 hd

288.60

+5.62

National average144 barns · 7,865 hd

300.66

−6.44

This barn, trailing median27 sales

421.14

−126.92

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

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,625	157.89	2,566	3thin
Cows	Boner 80-85%	Average	1,268	139.63	1,771	2thin
Cows	Lean 85-90%	Average	988	123.50	1,220	2thin

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
Heifer Pairs	Open	(<2 yrs)	835	$1,475	2thin

Every lot

41 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	300–350	Medium and Large 2	335	340.00/cwt	340.00–340.00	1,139	1
Steers	350–400	Medium and Large 2	367	334.09/cwt	330.00–342.00	1,226	3
Steers	350–400	Medium and Large 1	370	360.00/cwt	360.00–360.00	1,332	1
Steers	400–450	Medium and Large 1	413	339.84/cwt	332.00–345.00	1,404	3
Steers	400–450	Medium and Large 2	420	328.00/cwt	328.00–328.00	1,378	1
Steers	450–500	Medium and Large 2	456	323.14/cwt	322.00–325.00	1,474	7
Steers	500–550	Medium and Large 1	528	295.02/cwt	290.00–300.00	1,558	2
Steers	500–550	Medium and Large 3	530	273.08/cwt	269.00–277.00	1,447	2
Steers	500–550	Medium and Large 1-2	534	315.00/cwt	315.00–315.00	1,682	15
Steers	550–600	Medium and Large 2	560	279.00/cwt	279.00–279.00	1,562	1
Steers	550–600	Medium and Large 1	568	293.04/cwt	291.00–295.00	1,664	2
Steers	550–600	Medium and Large 3	587	266.06/cwt	265.00–275.00	1,562	9
Steers	600–650	Medium and Large 1-2	617	283.00/cwt	283.00–283.00	1,746	22
Steers	600–650	Medium and Large 2	647	250.00/cwt	250.00–250.00	1,618	5
Steers	650–700	Medium and Large 2	660	254.96/cwt	250.00–260.00	1,683	2
Steers	650–700	Medium and Large 1	665	267.44/cwt	265.00–270.00	1,778	2
Steers	700–750	Medium and Large 1	740	240.00/cwt	240.00–240.00	1,776	1
Steers	750–800	Medium and Large 1	785	251.00/cwt	251.00–251.00	1,970	1
Feeder Cattle · Heifers13 lots · lightest first
Heifers	300–350	Medium and Large 1	320	313.82/cwt	308.00–319.00	1,004	4
Heifers	350–400	Medium and Large 1	350	313.50/cwt	312.00–315.00	1,097	2
Heifers	350–400	Medium and Large 2	370	291.00/cwt	291.00–291.00	1,077	1
Heifers	400–450	Medium and Large 1	425	296.50/cwt	295.00–298.00	1,260	2
Heifers	400–450	Medium and Large 2	430	275.00/cwt	275.00–275.00	1,183	1
Heifers	450–500	Medium and Large 2	473	267.38/cwt	265.00–270.00	1,265	2
Heifers	450–500	Medium and Large 3	473	259.11/cwt	255.00–263.00	1,226	2
Heifers	500–550	Medium and Large 1	515	258.66/cwt	255.00–264.00	1,332	3
Heifers	500–550	Medium and Large 2	531	253.15/cwt	248.00–254.00	1,344	8
Heifers	550–600	Medium and Large 1	555	259.00/cwt	259.00–259.00	1,437	1
Heifers	550–600	Medium and Large 2	578	245.55/cwt	243.00–248.00	1,419	2
Heifers	600–650	Medium and Large 2	620	231.00/cwt	231.00–231.00	1,432	1
Heifers	600–650	Medium and Large 1	627	242.69/cwt	239.00–245.00	1,522	3
Feeder Cattle · Bulls5 lots · lightest first
Bulls	400–450	Medium and Large 1	440	315.00/cwt	315.00–315.00	1,386	1
Bulls	450–500	Medium and Large 1	460	320.00/cwt	320.00–320.00	1,472	1
Bulls	450–500	Medium and Large 3	485	284.00/cwt	284.00–284.00	1,377	1
Bulls	500–550	Medium and Large 1	508	272.51/cwt	270.00–275.00	1,384	2
Bulls	600–650	Medium and Large 1	630	250.00/cwt	250.00–250.00	1,575	1
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,625	157.89/cwt	155.00–160.00	2,566	3
Slaughter Cattle · Cows3 lots · lightest first
Cows	—	Lean 85-90%	960	118.00/cwt	118.00–118.00	1,133	1
Cows	—	Lean 85-90%	1,015	129.00/cwt	129.00–129.00	1,309	1
Cows	—	Boner 80-85%	1,268	139.63/cwt	137.50–141.50	1,771	2
Replacement Cattle · Heifer Pairs1 lot · lightest first
Heifer Pairs	—	Medium and Large 2	835	1,475.00/head	1,475.00–1,475.00	1,475	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 Jun 17, 2024

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

Feeder CattleReceipts 145Last week 154Year ago 202

Slaughter CattleReceipts 11Last week 60Year ago 69

Replacement CattleReceipts 4Last week 25Year ago 70

Good day, as compared to the last market all though had a small offering of cattle today market was good. Feeder steers were steady and heifers were a little stronger. Slaughter cattle were steady.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	1,015	129.00	129.00
1	—	960	118.00	118.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,268	137.50–141.50	139.63

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,625	155.00–160.00	157.89

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	440	315.00	315.00
1	450–500	460	320.00	320.00
2	500–550	508	270.00–275.00	272.51
1	600–650	630	250.00	250.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	450–500	485	284.00	284.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
4	300–350	320	308.00–319.00	313.82
2	350–400	350	312.00–315.00	313.50
2	400–450	425	295.00–298.00	296.50
3	500–550	515	255.00–264.00	258.66
1	550–600	555	259.00	259.00
3	600–650	627	239.00–245.00	242.69

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	350–400	370	291.00	291.00
1	400–450	430	275.00	275.00
2	450–500	473	265.00–270.00	267.38
8	500–550	531	248.00–254.00	253.15
2	550–600	578	243.00–248.00	245.55
1	600–650	620	231.00	231.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
2	450–500	473	255.00–263.00	259.11

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	350–400	370	360.00	360.00
3	400–450	413	332.00–345.00	339.84
2	500–550	528	290.00–300.00	295.02
2	550–600	568	291.00–295.00	293.04
2	650–700	665	265.00–270.00	267.44
1	700–750	740	240.00	240.00
1	750–800	785	251.00	251.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
15	500–550	534	315.00	315.00
22	600–650	617	283.00	283.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	335	340.00	340.00
3	350–400	367	330.00–342.00	334.09
1	400–450	420	328.00	328.00
7	450–500	456	322.00–325.00	323.14
1	550–600	560	279.00	279.00
5	600–650	647	250.00	250.00
2	650–700	660	250.00–260.00	254.96

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
2	500–550	530	269.00–277.00	273.08
9	550–600	587	265.00–275.00	266.06

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Heifer Pairs — Medium and Large 2$ per head · actual wt
(<2 yrs)	Open	2	—	835	1,475.00	1,475.00

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.