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

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 9
● Final72 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
476 head
▲ 195 vs last sale 281▲ 4 vs year ago 472 · +0.8%
Slaughter Cattle receipts
46 head
▼ 8 vs last sale 54▼ 19 vs year ago 65 · −29.2%
Replacement Cattle receipts
20 head
▼ 30 vs last sale 50▼ 24 vs year ago 44 · −54.5%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and a little higher in a few spots. 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 $243.45/cwt on 40 head. That ranks 1 of 27 comparable sales and sits −177.69 against this barn's trailing median of $421.14.
Average price
$243.45
40 head · 562 lb average
Value per head Derived
$1,369
Price × average weight ÷ 100
Grade differential Derived
$42
per head · Medium and Large 1-2 over Medium and Large 3
$30.49/cwt at this weight
vs the market
−2.41
vs MS average
−24.75 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2528265.001,3994thin
Medium and Large 1536256.871,3789thin
Medium and Large 2557246.011,3693thin
Medium and Large 3579234.511,35724
One grade step is worth $30.49/cwt here — about $42 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 sale40 hd
243.45
—
MS average12 barns · 377 hd
245.86
−2.41
National average178 barns · 13,815 hd
268.20
−24.75
This barn, trailing median27 sales
421.14
−177.69
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—Average1,682153.892,5883thin
CowsBoner 80-85%Average1,144126.801,45110
CowsBreaker 75-80%Average1,547122.421,8943thin
CowsLean 85-90%Very Low979110.131,0788thin

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)1,115$1,7052thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,248$1,6982thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,120$1,6001thin
Bred Cows1st/2nd Stage (1-6 mo)Young (2-4 yrs)785$1,2501thin

Every lot

72 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 · Steers27 lots · lightest first
Steers250–300Medium and Large 1258327.28/cwt320.00–335.008442
Steers300–350Medium and Large 2320290.00/cwt290.00–290.009281
Steers300–350Medium and Large 1345301.00/cwt299.00–303.001,0382
Steers350–400Medium and Large 2375290.23/cwt287.00–293.001,0884
Steers350–400Medium and Large 3377279.98/cwt279.00–281.001,0563
Steers350–400Medium and Large 1388301.53/cwt295.00–310.001,17011
Steers400–450Medium and Large 1418286.77/cwt281.00–295.001,1993
Steers400–450Medium and Large 2427274.99/cwt274.00–276.001,1743
Steers450–500Medium and Large 1469281.79/cwt280.00–286.001,3228
Steers450–500Medium and Large 3470266.37/cwt263.00–268.001,2523
Steers450–500Medium and Large 2480271.00/cwt271.00–271.001,3011
Steers500–550Medium and Large 1-2528265.00/cwt265.00–265.001,3994
Steers500–550Medium and Large 1528256.14/cwt255.00–259.001,3526
Steers500–550Medium and Large 2530250.00/cwt250.00–250.001,3251
Steers500–550Medium and Large 3545231.00/cwt231.00–231.001,2591
Steers550–600Medium and Large 1553258.34/cwt255.00–260.001,4293
Steers550–600Medium and Large 2570244.02/cwt243.00–245.001,3912
Steers550–600Medium and Large 3580234.66/cwt233.00–235.001,36123
Steers600–650Medium and Large 1631230.98/cwt230.00–235.001,4579
Steers650–700Medium and Large 1665232.00/cwt232.00–232.001,5431
Steers650–700Medium and Large 2673221.75/cwt220.00–227.001,49213
Steers650–700Medium and Large 3690217.00/cwt217.00–217.001,4971
Steers700–750Medium and Large 2722220.45/cwt216.00–226.001,59220
Steers750–800Medium and Large 2765216.00/cwt216.00–216.001,6525
Steers850–900Medium and Large 1865206.68/cwt194.00–223.001,7884
Steers950–1000Medium and Large 1968192.00/cwt191.00–193.001,8592
Steers1000–1050Medium and Large 11,015172.00/cwt172.00–172.001,7462
Feeder Cattle · Heifers17 lots · lightest first
Heifers250–300Medium and Large 1265287.04/cwt286.00–288.007612
Heifers250–300Medium and Large 2265268.00/cwt268.00–268.007101
Heifers300–350Medium and Large 3305258.00/cwt258.00–258.007871
Heifers300–350Medium and Large 1329286.55/cwt283.00–290.009434
Heifers350–400Medium and Large 2379270.81/cwt260.00–275.001,0267
Heifers400–450Medium and Large 1433252.91/cwt250.00–256.001,0952
Heifers450–500Medium and Large 1465250.68/cwt249.00–252.001,1663
Heifers450–500Medium and Large 3474227.36/cwt223.00–230.001,07814
Heifers450–500Medium and Large 2490233.04/cwt231.00–241.001,1428
Heifers500–550Medium and Large 1520235.00/cwt235.00–235.001,2221
Heifers500–550Medium and Large 2541219.77/cwt218.00–221.001,1899
Heifers550–600Medium and Large 2564220.62/cwt219.00–224.001,2445
Heifers600–650Medium and Large 1614215.82/cwt215.00–220.001,32515
Heifers600–650Medium and Large 2642200.95/cwt193.00–210.001,2903
Heifers650–700Medium and Large 1662218.00/cwt218.00–218.001,4437
Heifers650–700Medium and Large 2687213.00/cwt213.00–213.001,4636
Heifers700–750Medium and Large 2745200.00/cwt200.00–200.001,4901
Feeder Cattle · Bulls15 lots · lightest first
Bulls400–450Medium and Large 1433255.57/cwt250.00–260.001,1073
Bulls400–450Medium and Large 2440240.00/cwt240.00–240.001,0561
Bulls450–500Medium and Large 2455242.00/cwt242.00–242.001,1011
Bulls450–500Medium and Large 3495223.00/cwt223.00–223.001,1041
Bulls500–550Medium and Large 2527226.66/cwt223.00–233.001,1943
Bulls500–550Medium and Large 1545245.00/cwt245.00–245.001,3351
Bulls550–600Medium and Large 2555226.00/cwt226.00–226.001,2541
Bulls550–600Medium and Large 1560244.00/cwt244.00–244.001,3661
Bulls600–650Medium and Large 1610213.03/cwt207.00–218.001,2993
Bulls650–700Medium and Large 1670207.03/cwt203.00–211.001,3872
Bulls700–750Medium and Large 2725189.00/cwt189.00–189.001,3701
Bulls750–800Medium and Large 2755176.00/cwt176.00–176.001,3291
Bulls750–800Medium and Large 1775195.00/cwt195.00–195.001,5111
Bulls800–850Medium and Large 1825183.00/cwt183.00–183.001,5102
Bulls900–950Medium and Large 2915171.00/cwt171.00–171.001,5651
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,583150.84/cwt150.00–152.002,3882
Bulls——1,880160.00/cwt160.00–160.003,0081
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%975110.55/cwt110.00–111.001,0782
Cows—Lean 85-90%97599.28/cwt98.50–100.009682
Cows—Lean 85-90%983115.34/cwt113.50–118.501,1344
Cows—Boner 80-85%1,103122.30/cwt120.00–125.001,3493
Cows—Boner 80-85%1,162128.73/cwt126.00–133.501,4967
Cows—Breaker 75-80%1,547122.42/cwt120.00–125.001,8943
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 27851,250.00/head1,250.00–1,250.001,2501
Bred Cows—Medium and Large 21,0701,475.00/head1,475.00–1,475.001,4751
Bred Cows—Medium and Large 11,1151,705.07/head1,700.00–1,710.001,7052
Bred Cows—Medium and Large 11,1201,600.00/head1,600.00–1,600.001,6001
Bred Cows—Medium and Large 11,4251,920.00/head1,920.00–1,920.001,9201

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.