Sale reports / Mississippi / Meridian Livestock Auction / 2024-07-29

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-07-29
Creator: RaisedBeef
Published: 2024-07-29

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 29

● Final56 lots reportedUSDA AMS · slug 2112

← Jul 22Jul 29Aug 5 →

Feeder Cattle receipts

230 head

▲ 69 vs last sale 161▼ 22 vs year ago 252 · −8.7%

Slaughter Cattle receipts

31 head

▼ 5 vs last sale 36▼ 13 vs year ago 44 · −29.5%

Replacement Cattle receipts

9 head

▼ 26 vs last sale 35▼ 3 vs year ago 12 · −25.0%

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Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-8 higher and slaughter cows and bulls steady to maybe a little higher.

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 $278.51/cwt on 22 head. That ranks 1 of 27 comparable sales and sits −142.63 against this barn's trailing median of $421.14.

Average price

$278.51

22 head · 559 lb average

Value per head Derived

$1,558

Price × average weight ÷ 100

Grade differential Derived

$75

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

$33.27/cwt at this weight

vs the market

−2.31

vs MS average

−9.28 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	528	305.82	1,615	2thin
Medium and Large 2	559	280.63	1,569	8thin
Medium and Large 3	565	272.55	1,540	12thin

One grade step is worth $33.27/cwt here — about $75 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 sale22 hd

278.51

—

MS average13 barns · 350 hd

280.82

−2.31

National average138 barns · 5,135 hd

287.79

−9.28

This barn, trailing median27 sales

421.14

−142.63

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	1,380	150.53	2,078	3thin
Cows	Boner 80-85%	Average	1,183	136.53	1,616	6thin
Cows	Breaker 75-80%	Average	1,420	125.00	1,775	1thin
Cows	Lean 85-90%	Low	997	119.39	1,191	9thin

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	2nd/3rd Stage (4-9 mo)	Aged (>8 yrs)	940	$1,300	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	880	$2,088	4thin

Every lot

56 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 1	320	350.85/cwt	343.00–358.00	1,123	2
Steers	350–400	Medium and Large 3	370	310.00/cwt	310.00–310.00	1,147	1
Steers	350–400	Medium and Large 2	378	330.26/cwt	326.00–335.00	1,248	6
Steers	400–450	Medium and Large 1	412	327.01/cwt	320.00–331.00	1,347	3
Steers	400–450	Medium and Large 2	415	310.00/cwt	310.00–310.00	1,287	1
Steers	400–450	Medium and Large 1-2	424	341.60/cwt	341.00–342.00	1,448	13
Steers	450–500	Medium and Large 1	463	324.66/cwt	323.00–326.00	1,503	3
Steers	450–500	Medium and Large 2	480	313.53/cwt	308.00–315.00	1,505	11
Steers	500–550	Medium and Large 2	520	284.00/cwt	284.00–284.00	1,477	2
Steers	500–550	Medium and Large 1	528	305.82/cwt	293.00–319.00	1,615	2
Steers	550–600	Medium and Large 3	565	272.55/cwt	265.00–274.00	1,540	12
Steers	550–600	Medium and Large 2	572	279.50/cwt	279.00–282.00	1,599	6
Steers	600–650	Medium and Large 1	618	279.98/cwt	275.00–285.00	1,730	2
Steers	600–650	Medium and Large 2	628	263.32/cwt	263.00–268.00	1,654	15
Steers	650–700	Medium and Large 2	662	262.00/cwt	262.00–262.00	1,734	7
Steers	700–750	Medium and Large 1	732	244.35/cwt	244.00–245.00	1,789	11
Steers	700–750	Medium and Large 2	738	234.73/cwt	233.00–235.00	1,732	7
Steers	850–900	Medium and Large 1	869	235.97/cwt	232.00–238.00	2,051	6
Feeder Cattle · Heifers18 lots · lightest first
Heifers	300–350	Medium and Large 2	315	287.00/cwt	286.00–288.00	904	2
Heifers	350–400	Medium and Large 2	368	284.47/cwt	280.00–289.00	1,047	2
Heifers	350–400	Medium and Large 1	373	291.53/cwt	290.00–293.00	1,087	2
Heifers	400–450	Medium and Large 1-2	407	291.00/cwt	291.00–291.00	1,184	7
Heifers	400–450	Medium and Large 3	407	258.98/cwt	255.00–261.00	1,054	3
Heifers	400–450	Medium and Large 1	423	282.56/cwt	279.00–286.00	1,195	2
Heifers	450–500	Medium and Large 1	465	283.50/cwt	281.00–288.00	1,318	4
Heifers	450–500	Medium and Large 2	468	271.19/cwt	265.00–276.00	1,269	4
Heifers	450–500	Medium and Large 3	480	251.00/cwt	251.00–251.00	1,205	1
Heifers	500–550	Medium and Large 2	505	242.00/cwt	240.00–244.00	1,222	2
Heifers	500–550	Medium and Large 1	510	250.00/cwt	250.00–250.00	1,275	1
Heifers	550–600	Medium and Large 2	570	235.00/cwt	235.00–235.00	1,340	1
Heifers	600–650	Medium and Large 1	610	250.50/cwt	250.00–251.00	1,528	2
Heifers	600–650	Medium and Large 2	630	229.54/cwt	224.00–235.00	1,446	2
Heifers	650–700	Medium and Large 2	655	231.00/cwt	231.00–231.00	1,513	1
Heifers	700–750	Medium and Large 2	715	228.00/cwt	228.00–228.00	1,630	1
Heifers	800–850	Medium and Large 1	815	200.00/cwt	200.00–200.00	1,630	1
Heifers	850–900	Medium and Large 1	865	206.00/cwt	201.00–211.00	1,782	2
Feeder Cattle · Bulls9 lots · lightest first
Bulls	450–500	Medium and Large 1	455	290.00/cwt	290.00–290.00	1,320	1
Bulls	450–500	Medium and Large 2	485	282.50/cwt	280.00–285.00	1,370	2
Bulls	500–550	Medium and Large 1	515	265.00/cwt	265.00–265.00	1,365	1
Bulls	500–550	Medium and Large 2	535	252.97/cwt	250.00–257.00	1,353	3
Bulls	550–600	Medium and Large 2	583	253.49/cwt	253.00–254.00	1,478	2
Bulls	550–600	Medium and Large 3	590	231.00/cwt	231.00–231.00	1,363	1
Bulls	600–650	Medium and Large 2	610	236.51/cwt	235.00–238.00	1,443	2
Bulls	600–650	Medium and Large 1	618	251.94/cwt	249.00–255.00	1,557	2
Bulls	650–700	Medium and Large 1	665	245.51/cwt	245.00–246.00	1,633	2
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,268	143.29/cwt	140.00–146.50	1,817	2
Bulls	—	—	1,605	165.00/cwt	165.00–165.00	2,648	1
Slaughter Cattle · Cows6 lots · lightest first
Cows	—	Lean 85-90%	855	100.00/cwt	100.00–100.00	855	1
Cows	—	Lean 85-90%	1,005	113.64/cwt	110.00–116.00	1,142	3
Cows	—	Lean 85-90%	1,021	126.72/cwt	121.00–130.00	1,294	5
Cows	—	Boner 80-85%	1,055	132.00/cwt	132.00–132.00	1,393	1
Cows	—	Boner 80-85%	1,209	137.43/cwt	134.50–143.00	1,662	5
Cows	—	Breaker 75-80%	1,420	125.00/cwt	125.00–125.00	1,775	1
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 2	940	1,300.00/head	1,300.00–1,300.00	1,300	1
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	785	1,800.00/head	1,800.00–1,800.00	1,800	2
Cow-Calf Pairs	—	Medium and Large 1	975	2,375.00/head	2,375.00–2,375.00	2,375	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 Jul 29, 2024

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

Feeder CattleReceipts 230Last week 161Year ago 252

Slaughter CattleReceipts 31Last week 36Year ago 44

Replacement CattleReceipts 9Last week 35Year ago 12

Good day, as compared to the last market feeder calves were 5-8 higher and slaughter cows and bulls steady to maybe a little higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	315	286.00–288.00	287.00
2	350–400	368	280.00–289.00	284.47
4	450–500	468	265.00–276.00	271.19
2	500–550	505	240.00–244.00	242.00
1	550–600	570	235.00	235.00
2	600–650	630	224.00–235.00	229.54
1	650–700	655	231.00	231.00
1	700–750	715	228.00	228.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	350–400	373	290.00–293.00	291.53
2	400–450	423	279.00–286.00	282.56
4	450–500	465	281.00–288.00	283.50
1	500–550	510	250.00	250.00
2	600–650	610	250.00–251.00	250.50
1	800–850	815	200.00	200.00
2	850–900	865	201.00–211.00	206.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
7	400–450	407	291.00	291.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
3	400–450	407	255.00–261.00	258.98
1	450–500	480	251.00	251.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	300–350	320	343.00–358.00	350.85
3	400–450	412	320.00–331.00	327.01
3	450–500	463	323.00–326.00	324.66
2	500–550	528	293.00–319.00	305.82
2	600–650	618	275.00–285.00	279.98
11	700–750	732	244.00–245.00	244.35
6	850–900	869	232.00–238.00	235.97

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
6	350–400	378	326.00–335.00	330.26
1	400–450	415	310.00	310.00
11	450–500	480	308.00–315.00	313.53
2	500–550	520	284.00	284.00
6	550–600	572	279.00–282.00	279.50
15	600–650	628	263.00–268.00	263.32
7	650–700	662	262.00	262.00
7	700–750	738	233.00–235.00	234.73

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
13	400–450	424	341.00–342.00	341.60

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	350–400	370	310.00	310.00
12	550–600	565	265.00–274.00	272.55

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	450–500	485	280.00–285.00	282.50
3	500–550	535	250.00–257.00	252.97
2	550–600	583	253.00–254.00	253.49
2	600–650	610	235.00–238.00	236.51

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	450–500	455	290.00	290.00
1	500–550	515	265.00	265.00
2	600–650	618	249.00–255.00	251.94
2	650–700	665	245.00–246.00	245.51

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	550–600	590	231.00	231.00

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
Aged (>8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	940	1,300.00	1,300.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1$ per head · actual wt
Young (2-4 yrs)	Open	2	—	975	2,375.00	2,375.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Young (2-4 yrs)	Open	2	—	785	1,800.00	1,800.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,268	140.00–146.50	143.29
1	—	1,605	165.00	165.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,209	134.50–143.00	137.43
1	—	1,055	132.00	132.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,005	110.00–116.00	113.64
5	—	1,021	121.00–130.00	126.72
1	—	855	100.00	100.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,420	125.00	125.00

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.