Sale reports / Mississippi / Meridian Livestock Auction / 2024-09-02

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 2
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
281 head
▼ 126 vs last sale 407▼ 77 vs year ago 358 · −21.5%
Slaughter Cattle receipts
54 head
▼ 28 vs last sale 82▼ 36 vs year ago 90 · −40.0%
Replacement Cattle receipts
50 head
▲ 20 vs last sale 30▼ 16 vs year ago 66 · −24.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady to ten higher. Slaughter cattle 5-7 lower. Had some nice replacement cows today.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $260.34/cwt on 19 head. That ranks 1 of 27 comparable sales and sits −160.80 against this barn's trailing median of $421.14.
Average price
$260.34
19 head · 541 lb average
Value per head Derived
$1,408
Price × average weight ÷ 100
Grade differential Derived
$20
per head · Medium and Large 1 over Medium and Large 3
$26.25/cwt at this weight
vs the market
+10.13
vs MS average
−9.06 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1510280.011,4283thin
Medium and Large 2536260.381,3957thin
Medium and Large 3555253.761,4089thin
One grade step is worth $26.25/cwt here — about $20 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 sale19 hd
260.34
—
MS average13 barns · 526 hd
250.22
+10.13
National average147 barns · 6,928 hd
269.40
−9.06
This barn, trailing median27 sales
421.14
−160.80
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—Average1,649155.002,5565thin
CowsBoner 80-85%Average1,275126.211,6098thin
CowsBreaker 75-80%Average1,407118.851,6723thin
CowsLean 85-90%Average1,075111.811,20210

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 Stage (4-6 mo)Young (2-4 yrs)1,018$1,7132thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,240$1,6801thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,222$1,6794thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)945$1,1501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,508$2,6216
Cow-Calf Pairs1st Stage (1-3 mo)Young (2-4 yrs)1,175$2,5252thin

Every lot

64 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 · Steers20 lots · lightest first
Steers200–250Medium and Large 1240398.00/cwt398.00–398.009551
Steers300–350Medium and Large 2317298.65/cwt291.00–305.009473
Steers300–350Medium and Large 1323319.05/cwt313.00–325.001,0312
Steers350–400Medium and Large 3353287.01/cwt285.00–289.001,0132
Steers350–400Medium and Large 1357320.80/cwt320.00–321.001,1455
Steers400–450Medium and Large 1438308.73/cwt305.00–311.001,3524
Steers400–450Medium and Large 2440300.00/cwt300.00–300.001,3201
Steers450–500Medium and Large 3480279.02/cwt277.00–281.001,3392
Steers450–500Medium and Large 2482294.72/cwt293.00–295.001,4217
Steers500–550Medium and Large 1510280.01/cwt277.00–282.001,4283
Steers500–550Medium and Large 2530260.44/cwt259.00–264.001,3806
Steers500–550Medium and Large 3535254.99/cwt252.00–256.001,3644
Steers550–600Medium and Large 2570260.00/cwt260.00–260.001,4821
Steers550–600Medium and Large 3571252.78/cwt247.00–258.001,4435
Steers600–650Medium and Large 2605225.00/cwt225.00–225.001,3611
Steers600–650Medium and Large 1625250.00/cwt250.00–250.001,5631
Steers650–700Medium and Large 2686225.48/cwt224.00–227.001,54710
Steers700–750Medium and Large 1-2711223.00/cwt223.00–223.001,5865
Steers700–750Medium and Large 2715217.00/cwt217.00–217.001,5521
Steers750–800Medium and Large 1-2795220.00/cwt220.00–220.001,7496
Feeder Cattle · Heifers16 lots · lightest first
Heifers250–300Medium and Large 1270283.00/cwt283.00–283.007641
Heifers300–350Medium and Large 1325275.42/cwt270.00–281.008952
Heifers300–350Medium and Large 2325258.00/cwt258.00–258.008391
Heifers350–400Medium and Large 2350265.00/cwt265.00–265.009281
Heifers350–400Medium and Large 1360273.49/cwt273.00–274.009852
Heifers400–450Medium and Large 2418251.54/cwt250.00–253.001,0512
Heifers400–450Medium and Large 1427258.71/cwt255.00–265.001,1053
Heifers400–450Medium and Large 3440235.50/cwt233.00–238.001,0362
Heifers450–500Medium and Large 2458247.37/cwt242.00–251.001,1333
Heifers450–500Medium and Large 3493230.50/cwt230.00–231.001,1362
Heifers500–550Medium and Large 2535220.00/cwt220.00–220.001,1771
Heifers550–600Medium and Large 2568223.14/cwt221.00–225.001,2678
Heifers550–600Medium and Large 1580229.00/cwt229.00–229.001,3281
Heifers600–650Medium and Large 2636216.45/cwt215.00–218.001,3779
Heifers700–750Medium and Large 2715213.00/cwt213.00–213.001,5231
Heifers750–800Medium and Large 3755185.00/cwt185.00–185.001,3971
Feeder Cattle · Bulls11 lots · lightest first
Bulls450–500Medium and Large 2460249.50/cwt246.00–253.001,1482
Bulls450–500Medium and Large 1468260.08/cwt255.00–265.001,2172
Bulls500–550Medium and Large 2505230.00/cwt230.00–230.001,1621
Bulls500–550Medium and Large 1515242.00/cwt242.00–242.001,2461
Bulls550–600Medium and Large 2558224.48/cwt223.00–226.001,2532
Bulls550–600Medium and Large 3565231.85/cwt215.00–249.001,3102
Bulls550–600Medium and Large 1567233.67/cwt232.00–236.001,3253
Bulls600–650Medium and Large 1605215.00/cwt215.00–215.001,3011
Bulls650–700Medium and Large 1675212.00/cwt212.00–212.001,4311
Bulls750–800Medium and Large 2765185.00/cwt185.00–185.001,4151
Bulls850–900Medium and Large 1855180.00/cwt180.00–180.001,5391
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,380148.46/cwt148.00–149.002,0492
Bulls——1,828159.36/cwt156.00–163.002,9133
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%1,058110.01/cwt109.00–111.001,1643
Cows—Lean 85-90%1,068117.18/cwt113.00–121.501,2515
Cows—Lean 85-90%1,118101.10/cwt100.00–102.001,1302
Cows—Boner 80-85%1,266128.28/cwt126.50–131.001,6244
Cows—Boner 80-85%1,284124.14/cwt122.50–125.501,5944
Cows—Breaker 75-80%1,407118.85/cwt118.00–120.001,6723
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,1752,525.00/head2,525.00–2,525.002,5252
Cow-Calf Pairs—Medium and Large 11,4952,825.00/head2,825.00–2,825.002,8252
Cow-Calf Pairs—Medium and Large 11,5152,518.40/head2,375.00–2,650.002,5184
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 28151,400.00/head1,400.00–1,400.001,4001
Bred Cows—Medium and Large 29451,150.00/head1,150.00–1,150.001,1501
Bred Cows—Medium and Large 21,0101,570.00/head1,570.00–1,570.001,5701
Bred Cows—Medium and Large 11,2202,025.00/head2,025.00–2,025.002,0251
Bred Cows—Medium and Large 11,2401,680.00/head1,680.00–1,680.001,6801
Bred Cows—Medium and Large 11,2931,714.73/head1,620.00–1,770.001,7153

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.