Sale reports / Mississippi / Meridian Livestock Auction / 2024-07-15

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 15
● Final55 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
178 head
▼ 100 vs last sale 278▼ 238 vs year ago 416 · −57.2%
Slaughter Cattle receipts
38 head
▼ 38 vs last sale 76▼ 3 vs year ago 41 · −7.3%
Replacement Cattle receipts
18 head
▲ 2 vs last sale 16▼ 31 vs year ago 49 · −63.3%
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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady. And slaughter cattle maybe a little softer.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $240.58/cwt on 12 head. That ranks 1 of 20 comparable sales and sits −126.23 against this barn's trailing median of $366.81.
Average price
$240.58
12 head · 546 lb average
Value per head Derived
$1,313
Price × average weight ÷ 100
Grade differential Derived
−$8
per head · Medium and Large 1 over Medium and Large 2
$9.51/cwt at this weight
vs the market
−11.65
vs MS average
−17.22 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1534245.341,3096thin
Medium and Large 2558235.831,3176thin
One grade step is worth $9.51/cwt here — about −$8 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 sale12 hd
240.58
—
MS average13 barns · 320 hd
252.23
−11.65
National average156 barns · 7,883 hd
257.80
−17.22
This barn, trailing median20 sales
366.81
−126.23
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
452401350300median 366.8103/0205/1807/2709/2811/02
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Low1,625153.082,4875thin
CowsBoner 80-85%Low1,196138.541,6577thin
CowsBreaker 75-80%Average1,438134.451,9333thin
CowsLean 85-90%Low1,014127.561,2939thin

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 Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,360$1,8251thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,070$1,5752thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,000$1,3672thin
Bred Heifers1st Stage (1-3 mo)(<2 yrs)825$1,6501thin

Every lot

55 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 · Steers18 lots · lightest first
Steers250–300Medium and Large 1265350.00/cwt350.00–350.009281
Steers300–350Medium and Large 2310328.00/cwt328.00–328.001,0171
Steers300–350Medium and Large 1315340.52/cwt340.00–341.001,0732
Steers300–350Medium and Large 3340315.00/cwt315.00–315.001,0711
Steers350–400Medium and Large 2355330.00/cwt330.00–330.001,1721
Steers400–450Medium and Large 2435295.00/cwt295.00–295.001,2831
Steers400–450Medium and Large 1438324.34/cwt320.00–325.001,4217
Steers450–500Medium and Large 1454316.00/cwt316.00–316.001,4357
Steers450–500Medium and Large 3455281.00/cwt281.00–281.001,2791
Steers450–500Medium and Large 2468296.92/cwt294.00–300.001,3902
Steers500–550Medium and Large 1-2501308.00/cwt308.00–308.001,5438
Steers500–550Medium and Large 1520285.00/cwt285.00–285.001,4821
Steers500–550Medium and Large 2520271.00/cwt271.00–271.001,4091
Steers550–600Medium and Large 3575267.51/cwt267.00–268.001,5382
Steers550–600Medium and Large 2577273.30/cwt270.00–274.001,57714
Steers600–650Medium and Large 1610250.00/cwt250.00–250.001,5251
Steers600–650Medium and Large 2640240.00/cwt240.00–240.001,5361
Steers700–750Medium and Large 1720249.00/cwt249.00–249.001,7931
Feeder Cattle · Heifers14 lots · lightest first
Heifers250–300Medium and Large 1290313.00/cwt313.00–313.009081
Heifers300–350Medium and Large 1334309.28/cwt305.00–313.001,0334
Heifers350–400Medium and Large 2386293.51/cwt292.00–294.001,1334
Heifers400–450Medium and Large 3425254.00/cwt254.00–254.001,0801
Heifers400–450Medium and Large 2438267.96/cwt260.00–270.001,1747
Heifers450–500Medium and Large 3465250.48/cwt249.00–252.001,1652
Heifers500–550Medium and Large 1517248.67/cwt248.00–250.001,2863
Heifers500–550Medium and Large 2533230.98/cwt230.00–232.001,2312
Heifers550–600Medium and Large 1550242.00/cwt242.00–242.001,3313
Heifers550–600Medium and Large 2571238.25/cwt238.00–239.001,3604
Heifers600–650Medium and Large 1645240.00/cwt240.00–240.001,5481
Heifers650–700Medium and Large 2678224.42/cwt220.00–229.001,5222
Heifers800–850Medium and Large 1-2845212.00/cwt212.00–212.001,7914
Heifers950–1000Medium and Large 1-2957200.00/cwt200.00–200.001,91416
Feeder Cattle · Bulls10 lots · lightest first
Bulls400–450Medium and Large 1425290.96/cwt290.00–292.001,2372
Bulls400–450Medium and Large 3425270.00/cwt270.00–270.001,1481
Bulls400–450Medium and Large 2440279.00/cwt279.00–279.001,2281
Bulls450–500Medium and Large 2459278.25/cwt275.00–282.001,2774
Bulls500–550Medium and Large 1520256.48/cwt254.00–259.001,3342
Bulls600–650Medium and Large 1618240.52/cwt236.00–245.001,4862
Bulls600–650Medium and Large 2630230.00/cwt230.00–230.001,4491
Bulls650–700Medium and Large 3650215.00/cwt215.00–215.001,3981
Bulls650–700Medium and Large 2660231.00/cwt231.00–231.001,5251
Bulls700–750Medium and Large 2710219.00/cwt219.00–219.001,5551
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,230132.96/cwt132.50–133.501,6352
Bulls——1,888166.50/cwt166.00–167.003,1443
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%910112.00/cwt112.00–112.001,0191
Cows—Lean 85-90%978125.46/cwt122.00–129.501,2274
Cows—Lean 85-90%1,075133.54/cwt131.00–137.001,4364
Cows—Boner 80-85%1,187136.26/cwt135.00–137.501,6173
Cows—Boner 80-85%1,203140.25/cwt138.00–142.001,6874
Cows—Breaker 75-80%1,438134.45/cwt133.50–135.501,9333
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 18251,650.00/head1,650.00–1,650.001,6501
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 29301,450.00/head1,450.00–1,450.001,4501
Bred Cows—Medium and Large 21,0001,367.40/head1,275.00–1,440.001,3672
Bred Cows—Medium and Large 11,2101,700.00/head1,700.00–1,700.001,7001
Bred Cows—Medium and Large 11,3601,825.00/head1,825.00–1,825.001,8251

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.