Sale reports / Mississippi / Meridian Livestock Auction / 2024-08-05

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2024-08-05
Creator: RaisedBeef
Published: 2024-08-05

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 5

● Final46 lots reportedUSDA AMS · slug 2112

← Jul 29Aug 5Aug 12 →

Feeder Cattle receipts

172 head

▼ 58 vs last sale 230▼ 61 vs year ago 233 · −26.2%

Slaughter Cattle receipts

17 head

▼ 14 vs last sale 31▼ 33 vs year ago 50 · −66.0%

Replacement Cattle receipts

10 head

▲ 1 vs last sale 9▼ 6 vs year ago 16 · −37.5%

View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 10-15 lower and slaughter cattle were steady.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $228.67/cwt on 18 head. That ranks 1 of 20 comparable sales and sits −138.14 against this barn's trailing median of $366.81.

Average price

$228.67

18 head · 557 lb average

Value per head Derived

$1,273

Price × average weight ÷ 100

Grade differential Derived

−$48

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

$18.75/cwt at this weight

vs the market

−12.47

vs MS average

−16.40 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	518	242.56	1,256	2thin
Medium and Large 2	515	233.81	1,204	5thin
Medium and Large 3	583	223.81	1,304	11thin

One grade step is worth $18.75/cwt here — about −$48 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 sale18 hd

228.67

—

MS average13 barns · 401 hd

241.14

−12.47

National average152 barns · 6,273 hd

245.07

−16.40

This barn, trailing median20 sales

366.81

−138.14

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

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,255	155.00	1,945	3thin
Cows	Boner 80-85%	Low	1,247	132.15	1,648	4thin
Cows	Breaker 75-80%	Average	1,345	123.00	1,654	1thin
Cows	Lean 85-90%	Very Low	1,050	120.13	1,261	4thin

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 Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,250	$1,700	1thin
Bred Cows	2nd/3rd Stage (4-9 mo)	Middle Aged (5-8 yrs)	1,165	$1,630	1thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	1,100	$1,430	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,040	$1,750	2thin

Every lot

46 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 · Steers15 lots · lightest first
Steers	300–350	Medium and Large 1	345	345.00/cwt	345.00–345.00	1,190	1
Steers	350–400	Medium and Large 1	365	338.00/cwt	338.00–338.00	1,234	1
Steers	350–400	Medium and Large 2	380	322.80/cwt	318.00–328.00	1,227	3
Steers	350–400	Medium and Large 3	390	308.00/cwt	308.00–308.00	1,201	1
Steers	400–450	Medium and Large 2	415	314.00/cwt	313.00–315.00	1,303	2
Steers	400–450	Medium and Large 1	420	326.80/cwt	318.00–340.00	1,373	3
Steers	450–500	Medium and Large 2	480	303.00/cwt	303.00–303.00	1,454	1
Steers	500–550	Medium and Large 1	513	285.23/cwt	278.00–293.00	1,463	3
Steers	500–550	Medium and Large 3	518	252.31/cwt	251.00–253.00	1,307	3
Steers	500–550	Medium and Large 2	520	268.00/cwt	268.00–268.00	1,394	2
Steers	550–600	Medium and Large 3	568	252.49/cwt	250.00–255.00	1,434	4
Steers	600–650	Medium and Large 1	605	248.00/cwt	248.00–248.00	1,500	1
Steers	650–700	Medium and Large 2	661	231.03/cwt	225.00–233.00	1,527	4
Steers	700–750	Medium and Large 2	728	222.77/cwt	222.00–228.00	1,622	8
Steers	750–800	Medium and Large 3	755	215.00/cwt	215.00–215.00	1,623	1
Feeder Cattle · Heifers16 lots · lightest first
Heifers	300–350	Medium and Large 2	305	283.00/cwt	283.00–283.00	863	1
Heifers	350–400	Medium and Large 2	360	285.00/cwt	285.00–285.00	1,026	1
Heifers	350–400	Medium and Large 3	365	273.28/cwt	270.00–277.00	997	3
Heifers	400–450	Medium and Large 3	435	243.00/cwt	243.00–243.00	1,057	1
Heifers	450–500	Medium and Large 3	465	240.00/cwt	240.00–240.00	1,116	1
Heifers	500–550	Medium and Large 2	505	234.01/cwt	230.00–238.00	1,182	4
Heifers	500–550	Medium and Large 1	518	242.56/cwt	240.00–245.00	1,256	2
Heifers	500–550	Medium and Large 3	540	226.00/cwt	226.00–226.00	1,220	1
Heifers	550–600	Medium and Large 2	555	233.00/cwt	233.00–233.00	1,293	1
Heifers	550–600	Medium and Large 3	587	223.59/cwt	223.00–225.00	1,312	10
Heifers	600–650	Medium and Large 3	602	202.00/cwt	202.00–202.00	1,216	3
Heifers	600–650	Medium and Large 2	610	220.00/cwt	220.00–220.00	1,342	1
Heifers	650–700	Medium and Large 2	650	216.63/cwt	214.00–217.00	1,408	8
Heifers	700–750	Medium and Large 2	709	210.00/cwt	210.00–210.00	1,489	7
Heifers	700–750	Medium and Large 1	715	225.00/cwt	225.00–225.00	1,609	1
Heifers	750–800	Medium and Large 2	765	200.00/cwt	200.00–200.00	1,530	1
Feeder Cattle · Bulls4 lots · lightest first
Bulls	450–500	Medium and Large 1	473	289.03/cwt	288.00–290.00	1,367	2
Bulls	500–550	Medium and Large 1	510	248.00/cwt	248.00–248.00	1,265	1
Bulls	550–600	Medium and Large 2	555	238.50/cwt	238.00–239.00	1,324	2
Bulls	600–650	Medium and Large 1	605	233.00/cwt	233.00–233.00	1,410	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,065	149.00/cwt	148.00–150.00	1,587	2
Bulls	—	—	1,635	167.00/cwt	167.00–167.00	2,730	1
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	1,040	97.00/cwt	97.00–97.00	1,009	1
Cows	—	Lean 85-90%	1,053	127.84/cwt	127.00–128.50	1,346	3
Cows	—	Boner 80-85%	1,213	131.20/cwt	130.00–132.00	1,591	3
Cows	—	Breaker 75-80%	1,345	123.00/cwt	123.00–123.00	1,654	1
Cows	—	Boner 80-85%	1,350	135.00/cwt	135.00–135.00	1,823	1
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 2	1,100	1,430.00/head	1,430.00–1,430.00	1,430	1
Bred Cows	—	Medium and Large 2	1,165	1,630.00/head	1,630.00–1,630.00	1,630	1
Bred Cows	—	Medium and Large 2	1,250	1,700.00/head	1,700.00–1,700.00	1,700	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,040	1,750.00/head	1,750.00–1,750.00	1,750	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 Aug 5, 2024

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

Feeder CattleReceipts 172Last week 230Year ago 233

Slaughter CattleReceipts 17Last week 31Year ago 50

Replacement CattleReceipts 10Last week 9Year ago 16

Good day, as compared to the last market feeder calves were 10-15 lower and slaughter cattle were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	305	283.00	283.00
1	350–400	360	285.00	285.00
4	500–550	505	230.00–238.00	234.01
1	550–600	555	233.00	233.00
1	600–650	610	220.00	220.00
8	650–700	650	214.00–217.00	216.63
7	700–750	709	210.00	210.00
1	750–800	765	200.00	200.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
3	350–400	365	270.00–277.00	273.28
1	400–450	435	243.00	243.00
1	450–500	465	240.00	240.00
1	500–550	540	226.00	226.00
10	550–600	587	223.00–225.00	223.59
3	600–650	602	202.00	202.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	500–550	518	240.00–245.00	242.56
1	700–750	715	225.00	225.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	300–350	345	345.00	345.00
1	350–400	365	338.00	338.00
3	400–450	420	318.00–340.00	326.80
3	500–550	513	278.00–293.00	285.23
1	600–650	605	248.00	248.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
3	350–400	380	318.00–328.00	322.80
2	400–450	415	313.00–315.00	314.00
1	450–500	480	303.00	303.00
2	500–550	520	268.00	268.00
4	650–700	661	225.00–233.00	231.03
8	700–750	728	222.00–228.00	222.77

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	350–400	390	308.00	308.00
3	500–550	518	251.00–253.00	252.31
4	550–600	568	250.00–255.00	252.49
1	750–800	755	215.00	215.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	550–600	555	238.00–239.00	238.50

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	450–500	473	288.00–290.00	289.03
1	500–550	510	248.00	248.00
1	600–650	605	233.00	233.00

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/3rd Stage (4-9 mo)	1	—	1,165	1,630.00	1,630.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,100	1,430.00	1,430.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,250	1,700.00	1,700.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,040	1,750.00	1,750.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	1,040	97.00	97.00
3	—	1,053	127.00–128.50	127.84

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,345	123.00	123.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,213	130.00–132.00	131.20
1	—	1,350	135.00	135.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,065	148.00–150.00	149.00
1	—	1,635	167.00	167.00

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.