Sale reports / Mississippi / Meridian Livestock Auction / 2024-07-08

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 8
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
278 head
▲ 69 vs last sale 209▲ 73 vs year ago 205 · +35.6%
Slaughter Cattle receipts
76 head
▼ 13 vs last sale 89▼ 1 vs year ago 77 · −1.3%
Replacement Cattle receipts
16 head
▼ 19 vs last sale 35▼ 35 vs year ago 51 · −68.6%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cows and bulls steady as well.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $278.07/cwt on 16 head. That ranks 1 of 27 comparable sales and sits −143.07 against this barn's trailing median of $421.14.
Average price
$278.07
16 head · 546 lb average
Value per head Derived
$1,518
Price × average weight ÷ 100
Grade differential Derived
$10
per head · Medium and Large 1 over Medium and Large 3
$30.29/cwt at this weight
vs the market
−7.36
vs MS average
−24.84 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1518296.001,5333thin
Medium and Large 2534280.971,5017thin
Medium and Large 3573265.711,5236thin
One grade step is worth $30.29/cwt here — about $10 a head. Across this sale the premium is widest at 300–400 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 sale16 hd
278.07
—
MS average7 barns · 206 hd
285.43
−7.36
National average160 barns · 9,699 hd
302.91
−24.84
This barn, trailing median27 sales
421.14
−143.07
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—Average1,650159.192,6279thin
CowsBoner 80-85%Average1,238141.831,75514
CowsBreaker 75-80%Average1,325138.751,8381thin
CowsLean 85-90%Low938120.451,13012

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)1,173$1,4622thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,070$1,4101thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,140$1,6002thin

Every lot

64 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 · Steers26 lots · lightest first
Steers250–300Medium and Large 1290350.00/cwt350.00–350.001,0151
Steers300–350Medium and Large 3305330.00/cwt330.00–330.001,0071
Steers300–350Medium and Large 2325350.00/cwt350.00–350.001,1381
Steers300–350Medium and Large 1330360.00/cwt360.00–360.001,1881
Steers350–400Medium and Large 2355341.00/cwt341.00–341.001,2111
Steers350–400Medium and Large 1367368.33/cwt367.00–370.001,3523
Steers350–400Medium and Large 3385329.00/cwt329.00–329.001,2671
Steers400–450Medium and Large 1419336.15/cwt333.00–344.001,4084
Steers400–450Medium and Large 2445315.00/cwt315.00–315.001,4021
Steers400–450Medium and Large 3445300.00/cwt300.00–300.001,3351
Steers450–500Medium and Large 3480304.30/cwt301.00–306.001,4613
Steers450–500Medium and Large 2495319.33/cwt317.00–324.001,5813
Steers500–550Medium and Large 1518296.00/cwt293.00–300.001,5333
Steers500–550Medium and Large 2528281.56/cwt278.00–286.001,4875
Steers500–550Medium and Large 3540269.00/cwt269.00–269.001,4531
Steers550–600Medium and Large 2550279.50/cwt274.00–285.001,5372
Steers550–600Medium and Large 3580265.05/cwt258.00–268.001,5375
Steers600–650Medium and Large 2609257.00/cwt253.00–260.001,5654
Steers600–650Medium and Large 1610277.54/cwt273.00–282.001,6932
Steers600–650Medium and Large 3625249.02/cwt246.00–251.001,5563
Steers650–700Medium and Large 3653243.98/cwt240.00–248.001,5932
Steers650–700Medium and Large 2660257.00/cwt257.00–257.001,6961
Steers700–750Medium and Large 2722233.71/cwt229.00–240.001,6873
Steers700–750Medium and Large 1730240.00/cwt240.00–240.001,7521
Steers850–900Medium and Large 1864227.38/cwt227.00–230.001,9658
Steers950–1000Medium and Large 1975210.00/cwt210.00–210.002,0482
Feeder Cattle · Heifers17 lots · lightest first
Heifers300–350Medium and Large 1320301.00/cwt301.00–301.009631
Heifers350–400Medium and Large 1365291.97/cwt291.00–293.001,0662
Heifers400–450Medium and Large 2425263.00/cwt263.00–263.001,1181
Heifers400–450Medium and Large 1430274.83/cwt270.00–280.001,1822
Heifers400–450Medium and Large 3436255.47/cwt252.00–257.001,1144
Heifers450–500Medium and Large 2471262.56/cwt260.00–265.001,2372
Heifers450–500Medium and Large 3475250.00/cwt250.00–250.001,1881
Heifers500–550Medium and Large 1515258.30/cwt256.00–261.001,3303
Heifers500–550Medium and Large 2515243.92/cwt240.00–248.001,2562
Heifers550–600Medium and Large 2578241.33/cwt236.00–244.001,3953
Heifers550–600Medium and Large 3580232.00/cwt232.00–232.001,3461
Heifers550–600Medium and Large 1583253.00/cwt253.00–253.001,4753
Heifers600–650Medium and Large 1606233.87/cwt231.00–240.001,4177
Heifers600–650Medium and Large 2628221.57/cwt218.00–225.001,3912
Heifers650–700Medium and Large 2663219.00/cwt218.00–220.001,4522
Heifers700–750Medium and Large 2716219.84/cwt212.00–221.001,5748
Heifers700–750Medium and Large 3720210.00/cwt210.00–210.001,5121
Feeder Cattle · Bulls6 lots · lightest first
Bulls400–450Medium and Large 1445313.00/cwt313.00–313.001,3931
Bulls450–500Medium and Large 1455311.54/cwt308.00–315.001,4182
Bulls450–500Medium and Large 3478275.57/cwt271.00–280.001,3172
Bulls500–550Medium and Large 1520275.00/cwt275.00–275.001,4301
Bulls500–550Medium and Large 2528246.35/cwt242.00–251.001,3012
Bulls550–600Medium and Large 2575250.00/cwt250.00–250.001,4381
Slaughter Cattle · Bulls5 lots · lightest first
Bulls——1,130141.00/cwt141.00–141.001,5931
Bulls——1,185153.25/cwt153.25–153.251,8161
Bulls——1,721163.29/cwt160.00–167.002,8105
Bulls——1,725150.00/cwt150.00–150.002,5881
Bulls——2,205172.00/cwt172.00–172.003,7931
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%823106.74/cwt104.00–110.008782
Cows—Lean 85-90%910117.65/cwt116.00–119.001,0713
Cows—Lean 85-90%983125.56/cwt121.00–129.001,2347
Cows—Boner 80-85%1,164133.81/cwt130.50–136.501,5585
Cows—Boner 80-85%1,238150.08/cwt148.00–152.001,8584
Cows—Boner 80-85%1,311143.24/cwt140.00–146.251,8785
Cows—Breaker 75-80%1,325138.75/cwt138.75–138.751,8381
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 21,0701,410.00/head1,410.00–1,410.001,4101
Bred Cows—Medium and Large 21,1731,462.13/head1,420.00–1,500.001,4622
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,1401,600.00/head1,600.00–1,600.001,6002

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.