Sale reports / Mississippi / Meridian Livestock Auction / 2024-08-12

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 12
● Final73 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
225 head
▲ 53 vs last sale 172▼ 153 vs year ago 378 · −40.5%
Slaughter Cattle receipts
100 head
▲ 83 vs last sale 17▲ 38 vs year ago 62 · +61.3%
Replacement Cattle receipts
295 head
▲ 285 vs last sale 10▲ 272 vs year ago 23 · +1,182.6%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady to 5 higher and slaughter cattle were 2-5 higher. Sold some nice stock cows and pairs.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $256.50/cwt on 25 head. That ranks 1 of 27 comparable sales and sits −164.64 against this barn's trailing median of $421.14.
Average price
$256.50
25 head · 549 lb average
Value per head Derived
$1,408
Price × average weight ÷ 100
Grade differential Derived
$77
per head · Medium and Large 1 over Medium and Large 3
$24.69/cwt at this weight
vs the market
−3.64
vs MS average
−23.84 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1528273.001,4402thin
Medium and Large 2551256.481,41319thin
Medium and Large 3549248.311,3634thin
One grade step is worth $24.69/cwt here — about $77 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 sale25 hd
256.50
—
MS average12 barns · 341 hd
260.14
−3.64
National average153 barns · 6,707 hd
280.34
−23.84
This barn, trailing median27 sales
421.14
−164.64
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—Average1,387160.442,2257thin
CowsBoner 80-85%Low1,353137.691,86310
CowsBreaker 75-80%Average1,448132.411,9174thin
CowsLean 85-90%Low1,045118.401,2379thin

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)1,143$2,3352thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,325$1,8942thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,190$1,7501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,188$1,6402thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)940$1,5001thin
Cow-Calf Pairs1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,755$3,8674thin
Cow-Calf Pairs2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,510$3,8002thin
Cow-Calf Pairs1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,500$3,5002thin
Cow-Calf Pairs2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,335$3,3402thin
Cow-Calf Pairs1st/2nd Stage (1-6 mo)Young (2-4 yrs)1,373$3,2554thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,133$2,6504thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,420$2,61110

Every lot

73 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 · Steers25 lots · lightest first
Steers200–250Medium and Large 1240345.00/cwt345.00–345.008281
Steers250–300Medium and Large 2255333.00/cwt333.00–333.008491
Steers250–300Medium and Large 1265336.00/cwt336.00–336.008901
Steers300–350Medium and Large 1305330.50/cwt328.00–333.001,0082
Steers300–350Medium and Large 2305320.00/cwt320.00–320.009761
Steers350–400Medium and Large 1355325.00/cwt325.00–325.001,1541
Steers350–400Medium and Large 2358314.52/cwt311.00–318.001,1262
Steers400–450Medium and Large 1408321.49/cwt320.00–323.001,3122
Steers400–450Medium and Large 3435282.00/cwt282.00–282.001,2271
Steers400–450Medium and Large 2440311.00/cwt311.00–311.001,3681
Steers450–500Medium and Large 2450295.00/cwt295.00–295.001,3281
Steers450–500Medium and Large 3455282.00/cwt282.00–282.001,2831
Steers500–550Medium and Large 1505278.00/cwt278.00–278.001,4041
Steers500–550Medium and Large 3525249.11/cwt246.00–252.001,3082
Steers500–550Medium and Large 2535258.00/cwt258.00–258.001,3801
Steers550–600Medium and Large 1550268.00/cwt268.00–268.001,4741
Steers550–600Medium and Large 2552256.40/cwt255.00–260.001,41518
Steers550–600Medium and Large 3573247.51/cwt246.00–249.001,4182
Steers600–650Medium and Large 1618240.03/cwt237.00–245.001,4833
Steers650–700Medium and Large 2666230.88/cwt226.00–235.001,5388
Steers650–700Medium and Large 1695235.00/cwt235.00–235.001,63311
Steers700–750Medium and Large 2711226.74/cwt226.00–228.001,61215
Steers750–800Medium and Large 2780219.29/cwt219.00–221.001,7107
Steers800–850Medium and Large 1840216.00/cwt216.00–216.001,8142
Steers1100–1150Medium and Large 11,140170.00/cwt170.00–170.001,9382
Feeder Cattle · Heifers14 lots · lightest first
Heifers300–350Medium and Large 1320279.53/cwt275.00–285.008943
Heifers350–400Medium and Large 1358278.47/cwt277.00–280.009972
Heifers350–400Medium and Large 2374262.88/cwt258.00–269.009834
Heifers400–450Medium and Large 3415243.54/cwt242.00–245.001,0112
Heifers400–450Medium and Large 2422252.59/cwt250.00–257.001,0663
Heifers450–500Medium and Large 3472237.89/cwt231.00–242.001,1233
Heifers500–550Medium and Large 2524233.77/cwt227.00–238.001,2259
Heifers550–600Medium and Large 2556230.00/cwt230.00–230.001,2793
Heifers550–600Medium and Large 3590221.00/cwt221.00–221.001,3041
Heifers600–650Medium and Large 1605221.00/cwt221.00–221.001,3371
Heifers600–650Medium and Large 2622214.42/cwt209.00–219.001,3343
Heifers650–700Medium and Large 2663211.96/cwt210.00–214.001,4052
Heifers650–700Medium and Large 1683220.00/cwt220.00–220.001,5035
Heifers700–750Medium and Large 2735208.00/cwt208.00–208.001,5291
Feeder Cattle · Bulls8 lots · lightest first
Bulls400–450Medium and Large 1420300.63/cwt290.00–311.001,2632
Bulls400–450Medium and Large 2430280.00/cwt280.00–280.001,2041
Bulls500–550Medium and Large 1535245.00/cwt245.00–245.001,3111
Bulls550–600Medium and Large 1558241.50/cwt241.00–242.001,3482
Bulls550–600Medium and Large 2575236.34/cwt234.00–238.001,3593
Bulls600–650Medium and Large 1605233.00/cwt233.00–233.001,4101
Bulls650–700Medium and Large 1660228.00/cwt228.00–228.001,5051
Bulls700–750Medium and Large 3715208.00/cwt208.00–208.001,4871
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,150152.50/cwt152.50–152.501,7541
Bulls——1,250149.00/cwt149.00–149.001,8631
Bulls——1,462164.31/cwt160.00–168.002,4025
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%80595.31/cwt93.00–98.007672
Cows—Lean 85-90%935114.97/cwt110.00–120.001,0752
Cows—Boner 80-85%1,160133.77/cwt132.00–135.001,5523
Cows—Lean 85-90%1,185129.01/cwt126.50–131.251,5295
Cows—Boner 80-85%1,436139.37/cwt136.25–142.502,0017
Cows—Breaker 75-80%1,448132.41/cwt128.50–134.501,9174
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 29401,500.00/head1,500.00–1,500.001,5001
Bred Cows—Medium and Large 21,1051,480.00/head1,480.00–1,480.001,4801
Bred Cows—Medium and Large 11,1432,334.57/head2,200.00–2,450.002,3352
Bred Cows—Medium and Large 11,1901,750.00/head1,750.00–1,750.001,7501
Bred Cows—Medium and Large 11,2701,800.00/head1,800.00–1,800.001,8001
Bred Cows—Medium and Large 11,3251,893.63/head1,725.00–2,050.001,8942
Replacement Cattle · Cow-Calf Pairs11 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0652,600.00/head2,600.00–2,600.002,6002
Cow-Calf Pairs—Medium and Large 11,2002,700.00/head2,700.00–2,700.002,7002
Cow-Calf Pairs—Medium and Large 21,2202,250.00/head2,250.00–2,250.002,2502
Cow-Calf Pairs—Medium and Large 11,3353,340.00/head3,340.00–3,340.003,3402
Cow-Calf Pairs—Medium and Large 11,3733,254.92/head3,025.00–3,450.003,2554
Cow-Calf Pairs—Medium and Large 21,4002,476.79/head2,350.00–2,600.002,4774
Cow-Calf Pairs—Medium and Large 11,4302,850.00/head2,850.00–2,850.002,8502
Cow-Calf Pairs—Medium and Large 11,5003,500.00/head3,500.00–3,500.003,5002
Cow-Calf Pairs—Medium and Large 11,5103,800.00/head3,800.00–3,800.003,8002
Cow-Calf Pairs—Medium and Large 11,6503,000.00/head3,000.00–3,000.003,0002
Cow-Calf Pairs—Medium and Large 11,7553,866.67/head3,700.00–4,000.003,8674

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.