Sale reports / Mississippi / Meridian Livestock Auction / 2024-08-19

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 19
● Final76 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
321 head
▲ 96 vs last sale 225▲ 2 vs year ago 319 · +0.6%
Slaughter Cattle receipts
19 head
▼ 81 vs last sale 100▼ 49 vs year ago 68 · −72.1%
Replacement Cattle receipts
81 head
▼ 214 vs last sale 295▲ 14 vs year ago 67 · +20.9%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cattle were steady as well.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $272.30/cwt on 25 head. That ranks 1 of 27 comparable sales and sits −148.84 against this barn's trailing median of $421.14.
Average price
$272.30
25 head · 572 lb average
Value per head Derived
$1,556
Price × average weight ÷ 100
Grade differential Derived
$167
per head · Medium and Large 1 over Medium and Large 3
$29.30/cwt at this weight
vs the market
+11.89
vs MS average
+1.80 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1568280.821,59516thin
Medium and Large 2559267.771,4963thin
Medium and Large 1-2597252.001,5044thin
Medium and Large 3568251.521,4292thin
One grade step is worth $29.30/cwt here — about $167 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
272.30
—
MS average13 barns · 405 hd
260.40
+11.89
National average163 barns · 7,520 hd
270.50
+1.80
This barn, trailing median27 sales
421.14
−148.84
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—Average1,418154.002,1832thin
CowsBreaker 75-80%Average1,465137.002,0071thin
CowsBoner 80-85%Low1,079132.121,4264thin
CowsLean 85-90%Very Low921118.491,0916thin

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)1,210$1,9251thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,060$1,7032thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)867$1,4423thin
Cow-Calf PairsOpenAged (>8 yrs)1,460$2,5502thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,200$2,5254thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,113$2,1648

Every lot

76 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 · Steers24 lots · lightest first
Steers250–300Medium and Large 2290330.00/cwt330.00–330.009571
Steers300–350Medium and Large 1-2306353.00/cwt353.00–353.001,0809
Steers300–350Medium and Large 1318336.51/cwt335.00–338.001,0702
Steers300–350Medium and Large 3335309.00/cwt309.00–309.001,0351
Steers350–400Medium and Large 1380330.00/cwt330.00–330.001,25418
Steers350–400Medium and Large 2383321.98/cwt321.00–323.001,2332
Steers400–450Medium and Large 1425330.00/cwt330.00–330.001,4031
Steers400–450Medium and Large 2425312.51/cwt312.00–313.001,3282
Steers450–500Medium and Large 2464309.15/cwt303.00–311.001,4347
Steers450–500Medium and Large 3478283.98/cwt280.00–290.001,3574
Steers450–500Medium and Large 1480328.00/cwt328.00–328.001,5741
Steers500–550Medium and Large 1520280.05/cwt275.00–285.001,4562
Steers500–550Medium and Large 2540273.00/cwt273.00–273.001,4741
Steers550–600Medium and Large 2568265.15/cwt260.00–270.001,5062
Steers550–600Medium and Large 3568251.52/cwt250.00–253.001,4292
Steers550–600Medium and Large 1575280.93/cwt280.00–281.001,61514
Steers550–600Medium and Large 1-2597252.00/cwt252.00–252.001,5044
Steers600–650Medium and Large 2605235.00/cwt235.00–235.001,4221
Steers600–650Medium and Large 1623246.46/cwt245.00–248.001,5352
Steers650–700Medium and Large 1688240.05/cwt240.00–241.001,65220
Steers700–750Medium and Large 1-2745226.00/cwt226.00–226.001,68411
Steers800–850Medium and Large 1820223.00/cwt223.00–223.001,8291
Steers850–900Medium and Large 1873216.00/cwt216.00–216.001,88611
Steers900–950Medium and Large 1915200.00/cwt200.00–200.001,8301
Feeder Cattle · Heifers19 lots · lightest first
Heifers300–350Medium and Large 1305280.00/cwt280.00–280.008541
Heifers350–400Medium and Large 3370265.30/cwt258.00–273.009822
Heifers350–400Medium and Large 1385296.73/cwt285.00–299.001,1426
Heifers400–450Medium and Large 1408268.45/cwt261.00–276.001,0952
Heifers400–450Medium and Large 2423255.83/cwt252.00–260.001,0822
Heifers400–450Medium and Large 3438247.49/cwt246.00–249.001,0842
Heifers450–500Medium and Large 3460230.00/cwt230.00–230.001,0581
Heifers450–500Medium and Large 2465250.00/cwt250.00–250.001,1631
Heifers500–550Medium and Large 2505230.00/cwt230.00–230.001,1621
Heifers500–550Medium and Large 1515240.00/cwt240.00–240.001,2361
Heifers550–600Medium and Large 2553223.99/cwt222.00–226.001,2392
Heifers550–600Medium and Large 3568216.47/cwt215.00–218.001,2302
Heifers600–650Medium and Large 1622224.57/cwt220.00–227.001,3978
Heifers600–650Medium and Large 2632207.48/cwt199.00–218.001,3113
Heifers650–700Medium and Large 1672224.00/cwt224.00–224.001,5055
Heifers650–700Medium and Large 2683212.49/cwt210.00–215.001,4512
Heifers750–800Medium and Large 1-2752214.00/cwt214.00–214.001,60920
Heifers800–850Medium and Large 1817209.00/cwt209.00–209.001,7082
Heifers950–1000Medium and Large 1955196.00/cwt196.00–196.001,8721
Feeder Cattle · Bulls16 lots · lightest first
Bulls400–450Medium and Large 1423304.96/cwt299.00–311.001,2902
Bulls400–450Medium and Large 2435290.00/cwt290.00–290.001,2621
Bulls450–500Medium and Large 2450284.00/cwt284.00–284.001,2781
Bulls450–500Medium and Large 3465280.00/cwt280.00–280.001,3021
Bulls500–550Medium and Large 1525251.00/cwt251.00–251.001,3181
Bulls500–550Medium and Large 2530242.97/cwt240.00–246.001,2882
Bulls550–600Medium and Large 3583225.52/cwt221.00–230.001,3152
Bulls600–650Medium and Large 2623202.53/cwt201.00–204.001,2622
Bulls600–650Medium and Large 1635222.00/cwt222.00–222.001,4101
Bulls650–700Medium and Large 3650190.00/cwt190.00–190.001,2351
Bulls650–700Medium and Large 2685205.00/cwt205.00–205.001,4041
Bulls700–750Medium and Large 2715193.00/cwt193.00–193.001,3801
Bulls700–750Medium and Large 3725180.00/cwt180.00–180.001,3051
Bulls750–800Medium and Large 2765196.00/cwt196.00–196.001,4991
Bulls800–850Medium and Large 2840177.00/cwt177.00–177.001,4871
Bulls1000–1050Medium and Large 11,005164.00/cwt164.00–164.001,6481
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,365145.00/cwt145.00–145.001,9791
Bulls——1,470163.00/cwt163.00–163.002,3961
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%800104.00/cwt104.00–104.008321
Cows—Lean 85-90%942127.06/cwt125.50–128.501,1973
Cows—Lean 85-90%950112.89/cwt111.00–115.001,0722
Cows—Boner 80-85%1,079132.12/cwt131.00–134.001,4264
Cows—Breaker 75-80%1,465137.00/cwt137.00–137.002,0071
Replacement Cattle · Cow-Calf Pairs6 lots · lightest first
Cow-Calf Pairs—Medium and Large 29681,752.33/head1,500.00–1,950.001,7524
Cow-Calf Pairs—Medium and Large 11,1502,200.00/head2,200.00–2,200.002,2002
Cow-Calf Pairs—Medium and Large 11,2402,700.00/head2,700.00–2,700.002,7002
Cow-Calf Pairs—Medium and Large 11,2502,850.00/head2,850.00–2,850.002,8502
Cow-Calf Pairs—Medium and Large 11,2752,450.00/head2,450.00–2,450.002,4502
Cow-Calf Pairs—Medium and Large 11,4602,550.00/head2,550.00–2,550.002,5502
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 26601,325.00/head1,325.00–1,325.001,3251
Bred Cows—Medium and Large 28671,441.68/head1,400.00–1,500.001,4423
Bred Cows—Medium and Large 11,2101,925.00/head1,925.00–1,925.001,9251
Bred Cows—Medium and Large 11,4602,080.00/head2,080.00–2,080.002,0801

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.