Sale reports / Mississippi / Meridian Livestock Auction / 2024-07-22

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 22
● Final55 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
161 head
▼ 17 vs last sale 178▼ 51 vs year ago 212 · −24.1%
Slaughter Cattle receipts
36 head
▼ 2 vs last sale 38▼ 22 vs year ago 58 · −37.9%
Replacement Cattle receipts
35 head
▲ 17 vs last sale 18▲ 17 vs year ago 18 · +94.4%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were a little higher today and slaughter cattle were 3-5 lower.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $295.98/cwt on 11 head. That ranks 1 of 27 comparable sales and sits −125.16 against this barn's trailing median of $421.14.
Average price
$295.98
11 head · 534 lb average
Value per head Derived
$1,581
Price × average weight ÷ 100
Grade differential Derived
$149
per head · Medium and Large 1 over Medium and Large 3
$47.23/cwt at this weight
vs the market
+12.79
vs MS average
−1.84 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1522307.231,6054thin
Medium and Large 2538294.481,5836thin
Medium and Large 3560260.001,4561thin
One grade step is worth $47.23/cwt here — about $149 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 sale11 hd
295.98
—
MS average12 barns · 424 hd
283.20
+12.79
National average149 barns · 6,483 hd
297.82
−1.84
This barn, trailing median27 sales
421.14
−125.16
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—Average1,682157.382,6476thin
CowsBoner 80-85%Low1,283132.281,6976thin
CowsBreaker 75-80%Average1,418128.111,8173thin
CowsLean 85-90%Very Low964111.841,0788thin

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)Young (2-4 yrs)1,210$2,0501thin
Bred Cows2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,055$1,8001thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,100$1,5401thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,417$2,20110

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
Steers300–350Medium and Large 1335346.52/cwt345.00–348.001,1612
Steers350–400Medium and Large 2373332.90/cwt328.00–338.001,2422
Steers400–450Medium and Large 1423323.75/cwt318.00–330.001,3692
Steers400–450Medium and Large 2428308.98/cwt308.00–310.001,3222
Steers450–500Medium and Large 2455300.00/cwt300.00–300.001,3651
Steers450–500Medium and Large 1467316.20/cwt315.00–320.001,4774
Steers500–550Medium and Large 1508308.64/cwt303.00–313.001,5683
Steers500–550Medium and Large 2531295.38/cwt293.00–296.001,5685
Steers550–600Medium and Large 3560260.00/cwt260.00–260.001,4561
Steers550–600Medium and Large 1565303.00/cwt303.00–303.001,7121
Steers550–600Medium and Large 2570290.00/cwt290.00–290.001,6531
Steers600–650Medium and Large 1616261.37/cwt261.00–262.001,6108
Steers600–650Medium and Large 2618258.70/cwt258.00–259.001,5997
Steers650–700Medium and Large 1668262.99/cwt260.00–266.001,7573
Steers700–750Medium and Large 2708248.51/cwt247.00–250.001,7592
Steers700–750Medium and Large 3715234.00/cwt234.00–234.001,6739
Steers750–800Medium and Large 3750235.00/cwt235.00–235.001,7632
Steers850–900Medium and Large 1850239.00/cwt239.00–239.002,0321
Feeder Cattle · Heifers12 lots · lightest first
Heifers400–450Medium and Large 1405278.00/cwt278.00–278.001,1261
Heifers400–450Medium and Large 2439263.25/cwt260.00–264.001,1565
Heifers450–500Medium and Large 1450275.00/cwt275.00–275.001,2381
Heifers450–500Medium and Large 2465258.94/cwt255.00–261.001,2047
Heifers500–550Medium and Large 1513253.91/cwt248.00–260.001,3032
Heifers550–600Medium and Large 2565242.66/cwt240.00–245.001,3713
Heifers550–600Medium and Large 3575234.00/cwt234.00–234.001,3461
Heifers600–650Medium and Large 1607235.99/cwt233.00–238.001,4323
Heifers600–650Medium and Large 3615208.00/cwt208.00–208.001,2791
Heifers600–650Medium and Large 2645221.00/cwt221.00–221.001,4251
Heifers650–700Medium and Large 2664227.88/cwt227.00–228.001,5138
Heifers700–750Medium and Large 3735208.00/cwt208.00–208.001,5291
Feeder Cattle · Bulls10 lots · lightest first
Bulls450–500Medium and Large 2465281.58/cwt278.00–285.001,3092
Bulls450–500Medium and Large 3480270.56/cwt270.00–275.001,2999
Bulls500–550Medium and Large 1515290.00/cwt290.00–290.001,4941
Bulls500–550Medium and Large 3525250.00/cwt250.00–250.001,3131
Bulls550–600Medium and Large 2556264.71/cwt263.00–270.001,4727
Bulls600–650Medium and Large 2615220.00/cwt220.00–220.001,3531
Bulls600–650Medium and Large 1631233.32/cwt233.00–235.001,4726
Bulls650–700Medium and Large 1650232.00/cwt232.00–232.001,5083
Bulls700–750Medium and Large 2735213.00/cwt213.00–213.001,5661
Bulls750–800Medium and Large 3790190.00/cwt190.00–190.001,5011
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,200146.00/cwt146.00–146.001,7521
Bulls——1,620154.00/cwt154.00–154.002,4951
Bulls——1,818161.07/cwt158.00–164.002,9284
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%760114.00/cwt114.00–114.008661
Cows—Lean 85-90%85595.53/cwt90.00–100.008173
Cows—Boner 80-85%960128.50/cwt128.50–128.501,2341
Cows—Lean 85-90%1,096123.53/cwt121.00–126.001,3544
Cows—Boner 80-85%1,347133.04/cwt130.00–136.501,7925
Cows—Breaker 75-80%1,418128.11/cwt127.00–130.001,8173
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 11,0551,800.00/head1,800.00–1,800.001,8001
Bred Cows—Medium and Large 11,1001,540.00/head1,540.00–1,540.001,5401
Bred Cows—Medium and Large 11,2102,050.00/head2,050.00–2,050.002,0501
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,2501,776.40/head1,750.00–1,800.001,7764
Cow-Calf Pairs—Medium and Large 11,3752,312.41/head2,300.00–2,325.002,3124
Cow-Calf Pairs—Medium and Large 11,8352,825.00/head2,825.00–2,825.002,8252

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.