Sale reports / Mississippi / Meridian Livestock Auction / 2024-06-24

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-06-24
Creator: RaisedBeef
Published: 2024-06-24

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 24

● Final63 lots reportedUSDA AMS · slug 2112

← Jun 17Jun 24Jul 8 →

Feeder Cattle receipts

209 head

▲ 64 vs last sale 145▼ 147 vs year ago 356 · −41.3%

Slaughter Cattle receipts

89 head

▲ 78 vs last sale 11▲ 30 vs year ago 59 · +50.8%

Replacement Cattle receipts

35 head

▲ 31 vs last sale 4▼ 4 vs year ago 39 · −10.3%

View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder cattle were firm and 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 $298.46/cwt on 19 head. That ranks 1 of 27 comparable sales and sits −122.68 against this barn's trailing median of $421.14.

Average price

$298.46

19 head · 522 lb average

Value per head Derived

$1,558

Price × average weight ÷ 100

Grade differential Derived

$79

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

$37.48/cwt at this weight

vs the market

+6.67

vs MS average

−0.80 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	504	311.00	1,567	11thin
Medium and Large 1	520	295.45	1,536	2thin
Medium and Large 2	580	282.41	1,638	2thin
Medium and Large 3	544	273.52	1,488	4thin

One grade step is worth $37.48/cwt here — about $79 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 sale19 hd

298.46

—

MS average11 barns · 263 hd

291.80

+6.67

National average143 barns · 6,512 hd

299.26

−0.80

This barn, trailing median27 sales

421.14

−122.68

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	1,624	162.73	2,643	5thin
Cows	Boner 80-85%	Average	1,229	143.81	1,767	12
Cows	Breaker 75-80%	Average	1,340	131.00	1,755	1thin
Cows	Lean 85-90%	Average	1,001	128.16	1,282	10

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	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,080	$1,750	2thin
Bred Cows	1st/2nd Stage (1-6 mo)	Young (2-4 yrs)	1,265	$1,750	1thin
Bred Cows	1st/2nd Stage (1-6 mo)	Middle Aged (5-8 yrs)	1,038	$1,682	2thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,235	$1,220	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,315	$2,238	4thin

Every lot

63 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 · Steers19 lots · lightest first
Steers	250–300	Medium and Large 1	260	410.00/cwt	410.00–410.00	1,066	1
Steers	300–350	Medium and Large 1	313	378.98/cwt	378.00–380.00	1,186	2
Steers	300–350	Medium and Large 2	325	361.55/cwt	356.00–368.00	1,175	4
Steers	300–350	Medium and Large 3	345	341.00/cwt	341.00–341.00	1,176	1
Steers	350–400	Medium and Large 2	365	365.00/cwt	365.00–365.00	1,332	1
Steers	350–400	Medium and Large 3	380	351.41/cwt	345.00–358.00	1,335	2
Steers	400–450	Medium and Large 1	418	336.27/cwt	332.00–342.00	1,406	3
Steers	400–450	Medium and Large 2	430	320.00/cwt	320.00–320.00	1,376	1
Steers	450–500	Medium and Large 2	453	316.99/cwt	315.00–319.00	1,436	2
Steers	450–500	Medium and Large 3	475	307.58/cwt	305.00–310.00	1,461	2
Steers	500–550	Medium and Large 1-2	504	311.00/cwt	311.00–311.00	1,567	11
Steers	500–550	Medium and Large 3	513	273.04/cwt	270.00–276.00	1,401	2
Steers	500–550	Medium and Large 1	520	295.45/cwt	290.00–301.00	1,536	2
Steers	550–600	Medium and Large 3	575	274.00/cwt	273.00–275.00	1,576	2
Steers	550–600	Medium and Large 2	580	282.41/cwt	279.00–286.00	1,638	2
Steers	600–650	Medium and Large 1	626	268.56/cwt	261.00–270.00	1,681	16
Steers	600–650	Medium and Large 2	630	251.00/cwt	251.00–251.00	1,581	1
Steers	700–750	Medium and Large 1	735	240.00/cwt	240.00–240.00	1,764	1
Steers	750–800	Medium and Large 1-2	750	237.00/cwt	237.00–237.00	1,778	6
Feeder Cattle · Heifers17 lots · lightest first
Heifers	250–300	Medium and Large 1	278	338.00/cwt	338.00–338.00	940	2
Heifers	300–350	Medium and Large 2	313	297.05/cwt	291.00–303.00	930	2
Heifers	300–350	Medium and Large 1	335	311.00/cwt	311.00–311.00	1,042	1
Heifers	350–400	Medium and Large 1	355	320.00/cwt	320.00–320.00	1,136	1
Heifers	350–400	Medium and Large 2	365	294.49/cwt	294.00–295.00	1,075	2
Heifers	350–400	Medium and Large 3	395	285.00/cwt	285.00–285.00	1,126	1
Heifers	400–450	Medium and Large 1	410	318.00/cwt	318.00–318.00	1,304	1
Heifers	400–450	Medium and Large 2	418	278.97/cwt	278.00–280.00	1,166	2
Heifers	400–450	Medium and Large 3	440	264.97/cwt	262.00–268.00	1,166	2
Heifers	450–500	Medium and Large 2	455	272.53/cwt	270.00–275.00	1,240	2
Heifers	450–500	Medium and Large 3	492	261.98/cwt	254.00–265.00	1,289	5
Heifers	500–550	Medium and Large 1	523	254.53/cwt	252.00–260.00	1,331	4
Heifers	550–600	Medium and Large 2	570	247.00/cwt	247.00–247.00	1,408	1
Heifers	550–600	Medium and Large 3	570	233.46/cwt	232.00–235.00	1,331	2
Heifers	600–650	Medium and Large 1	625	236.00/cwt	236.00–236.00	1,475	1
Heifers	600–650	Medium and Large 1-2	628	242.00/cwt	242.00–242.00	1,520	3
Heifers	650–700	Medium and Large 2	670	225.00/cwt	225.00–225.00	1,508	1
Feeder Cattle · Bulls11 lots · lightest first
Bulls	400–450	Medium and Large 2	433	279.94/cwt	278.00–282.00	1,212	2
Bulls	400–450	Medium and Large 1	435	315.00/cwt	315.00–315.00	1,370	1
Bulls	450–500	Medium and Large 2	450	288.00/cwt	288.00–288.00	1,296	1
Bulls	450–500	Medium and Large 3	455	277.00/cwt	277.00–277.00	1,260	1
Bulls	500–550	Medium and Large 2	528	238.59/cwt	232.00–245.00	1,260	2
Bulls	500–550	Medium and Large 1	533	252.99/cwt	251.00–255.00	1,348	2
Bulls	550–600	Medium and Large 1	595	257.00/cwt	257.00–257.00	1,529	1
Bulls	600–650	Medium and Large 2	623	220.00/cwt	220.00–220.00	1,371	2
Bulls	600–650	Medium and Large 1	625	241.00/cwt	241.00–241.00	1,506	1
Bulls	650–700	Medium and Large 2	655	219.00/cwt	219.00–219.00	1,434	1
Bulls	750–800	Medium and Large 2	780	205.00/cwt	205.00–205.00	1,599	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,245	154.00/cwt	154.00–154.00	1,917	1
Bulls	—	—	1,620	159.50/cwt	159.50–159.50	2,584	1
Bulls	—	—	1,752	166.72/cwt	160.00–170.00	2,921	3
Slaughter Cattle · Cows7 lots · lightest first
Cows	—	Lean 85-90%	990	131.48/cwt	128.50–134.00	1,302	6
Cows	—	Lean 85-90%	1,015	115.00/cwt	115.00–115.00	1,167	1
Cows	—	Lean 85-90%	1,017	125.92/cwt	123.00–127.50	1,281	3
Cows	—	Boner 80-85%	1,155	137.58/cwt	135.00–139.00	1,589	4
Cows	—	Boner 80-85%	1,160	143.99/cwt	140.00–148.00	1,670	4
Cows	—	Breaker 75-80%	1,340	131.00/cwt	131.00–131.00	1,755	1
Cows	—	Boner 80-85%	1,371	149.85/cwt	148.50–151.00	2,054	4
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows	—	Medium and Large 1	1,038	1,682.23/head	1,600.00–1,775.00	1,682	2
Bred Cows	—	Medium and Large 1	1,080	1,750.00/head	1,700.00–1,800.00	1,750	2
Bred Cows	—	Medium and Large 2	1,235	1,220.00/head	1,220.00–1,220.00	1,220	1
Bred Cows	—	Medium and Large 1	1,265	1,750.00/head	1,750.00–1,750.00	1,750	1
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1	1,230	1,925.00/head	1,925.00–1,925.00	1,925	2
Cow-Calf Pairs	—	Medium and Large 1	1,400	2,550.00/head	2,550.00–2,550.00	2,550	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 24, 2024

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

Feeder CattleReceipts 209Last week 145Year ago 356

Slaughter CattleReceipts 89Last week 11Year ago 59

Replacement CattleReceipts 35Last week 4Year ago 39

Good day, as compared to the last market feeder cattle were firm and slaughter cattle were steady.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,160	140.00–148.00	143.99
4	—	1,155	135.00–139.00	137.58
4	—	1,371	148.50–151.00	149.85

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
6	—	990	128.50–134.00	131.48
1	—	1,015	115.00	115.00
3	—	1,017	123.00–127.50	125.92

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,340	131.00	131.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,620	159.50	159.50
1	—	1,245	154.00	154.00
3	—	1,752	160.00–170.00	166.72

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	350–400	395	285.00	285.00
2	400–450	440	262.00–268.00	264.97
5	450–500	492	254.00–265.00	261.98
2	550–600	570	232.00–235.00	233.46

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	250–300	278	338.00	338.00
1	300–350	335	311.00	311.00
1	350–400	355	320.00	320.00
1	400–450	410	318.00	318.00
4	500–550	523	252.00–260.00	254.53
1	600–650	625	236.00	236.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	313	291.00–303.00	297.05
2	350–400	365	294.00–295.00	294.49
2	400–450	418	278.00–280.00	278.97
2	450–500	455	270.00–275.00	272.53
1	550–600	570	247.00	247.00
1	650–700	670	225.00	225.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	600–650	628	242.00	242.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	300–350	345	341.00	341.00
2	350–400	380	345.00–358.00	351.41
2	450–500	475	305.00–310.00	307.58
2	500–550	513	270.00–276.00	273.04
2	550–600	575	273.00–275.00	274.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
11	500–550	504	311.00	311.00
6	750–800	750	237.00	237.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
4	300–350	325	356.00–368.00	361.55
1	350–400	365	365.00	365.00
1	400–450	430	320.00	320.00
2	450–500	453	315.00–319.00	316.99
2	550–600	580	279.00–286.00	282.41
1	600–650	630	251.00	251.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	250–300	260	410.00	410.00
2	300–350	313	378.00–380.00	378.98
3	400–450	418	332.00–342.00	336.27
2	500–550	520	290.00–301.00	295.45
16	600–650	626	261.00–270.00	268.56
1	700–750	735	240.00	240.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	400–450	433	278.00–282.00	279.94
1	450–500	450	288.00	288.00
2	500–550	528	232.00–245.00	238.59
2	600–650	623	220.00	220.00
1	650–700	655	219.00	219.00
1	750–800	780	205.00	205.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	400–450	435	315.00	315.00
2	500–550	533	251.00–255.00	252.99
1	550–600	595	257.00	257.00
1	600–650	625	241.00	241.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	450–500	455	277.00	277.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,235	1,220.00	1,220.00

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)	1st Stage (1-3 mo)	2	—	1,080	1,700.00–1,800.00	1,750.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,265	1,750.00	1,750.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,038	1,600.00–1,775.00	1,682.23

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	—	1,400	2,550.00	2,550.00
Middle Aged (5-8 yrs)	Open	2	—	1,230	1,925.00	1,925.00

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.