Sale reports / Mississippi / Meridian Livestock Auction / 2024-09-16

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 16
● Final55 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
142 head
▼ 334 vs last sale 476▼ 383 vs year ago 525 · −73.0%
Slaughter Cattle receipts
25 head
▼ 21 vs last sale 46▼ 46 vs year ago 71 · −64.8%
Replacement Cattle receipts
10 head
▼ 10 vs last sale 20▼ 14 vs year ago 24 · −58.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder steers seemed steady, and heifers steady to a little cheaper in spots. Slaughter cows took a hit, ten cheaper and bulls 5-7 lower.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $227.74/cwt on 15 head. That ranks 1 of 20 comparable sales and sits −139.07 against this barn's trailing median of $366.81.
Average price
$227.74
15 head · 565 lb average
Value per head Derived
$1,287
Price × average weight ÷ 100
Grade differential Derived
$183
per head · Medium and Large 1-2 over Medium and Large 2
$14.00/cwt at this weight
vs the market
+4.17
vs MS average
−9.27 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2591232.001,3719thin
Medium and Large 1523222.021,1625thin
Medium and Large 2545218.001,1881thin
One grade step is worth $14.00/cwt here — about $183 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 sale15 hd
227.74
—
MS average12 barns · 308 hd
223.56
+4.17
National average181 barns · 11,482 hd
237.01
−9.27
This barn, trailing median20 sales
366.81
−139.07
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
452401350300median 366.8103/0205/1807/2709/2811/02
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Average1,592143.332,2813thin
CowsBoner 80-85%Low1,262116.821,4755thin
CowsLean 85-90%Low1,10396.791,0689thin

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)Middle Aged (5-8 yrs)1,485$1,7401thin
Bred Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,010$1,2451thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,175$1,8752thin

Every lot

55 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 · Steers17 lots · lightest first
Steers200–250Medium and Large 1240330.00/cwt330.00–330.007921
Steers250–300Medium and Large 3260303.00/cwt303.00–303.007881
Steers300–350Medium and Large 1330295.00/cwt295.00–295.009741
Steers300–350Medium and Large 2345288.00/cwt288.00–288.009941
Steers350–400Medium and Large 1360301.50/cwt300.00–303.001,0852
Steers400–450Medium and Large 2408266.54/cwt260.00–273.001,0872
Steers400–450Medium and Large 1442282.02/cwt280.00–283.001,2473
Steers450–500Medium and Large 3450248.00/cwt248.00–248.001,1161
Steers450–500Medium and Large 2480267.04/cwt265.00–269.001,2822
Steers500–550Medium and Large 1519252.23/cwt250.00–256.001,3094
Steers550–600Medium and Large 2573244.01/cwt243.00–245.001,3982
Steers600–650Medium and Large 1610236.51/cwt235.00–238.001,4432
Steers600–650Medium and Large 2620228.00/cwt228.00–228.001,4141
Steers600–650Medium and Large 3635215.00/cwt215.00–215.001,3651
Steers650–700Medium and Large 1660230.00/cwt230.00–230.001,5181
Steers700–750Medium and Large 2730211.00/cwt211.00–211.001,5401
Steers950–1000Medium and Large 1985208.00/cwt208.00–208.002,0491
Feeder Cattle · Heifers16 lots · lightest first
Heifers250–300Medium and Large 1265315.00/cwt315.00–315.008351
Heifers350–400Medium and Large 1375266.56/cwt265.00–268.001,0002
Heifers400–450Medium and Large 1413255.27/cwt250.00–261.001,0545
Heifers400–450Medium and Large 2440233.00/cwt233.00–233.001,0251
Heifers450–500Medium and Large 3465216.00/cwt216.00–216.001,0041
Heifers450–500Medium and Large 2486240.98/cwt230.00–245.001,1716
Heifers500–550Medium and Large 1514222.77/cwt220.00–225.001,1454
Heifers500–550Medium and Large 2545218.00/cwt218.00–218.001,1881
Heifers550–600Medium and Large 1560219.00/cwt219.00–219.001,2261
Heifers550–600Medium and Large 1-2591232.00/cwt232.00–232.001,3719
Heifers600–650Medium and Large 1623209.03/cwt208.00–210.001,3022
Heifers750–800Medium and Large 2760200.00/cwt200.00–200.001,5202
Heifers950–1000Medium and Large 2960170.00/cwt170.00–170.001,6322
Heifers950–1000Medium and Large 1965185.00/cwt185.00–185.001,7851
Heifers1150–1200Medium and Large 1-21,160164.00/cwt164.00–164.001,9027
Heifers1300–1350Medium and Large 1-21,300155.00/cwt155.00–155.002,0155
Feeder Cattle · Bulls11 lots · lightest first
Bulls400–450Medium and Large 1435256.00/cwt256.00–256.001,1141
Bulls450–500Medium and Large 2473241.37/cwt238.00–245.001,1422
Bulls450–500Medium and Large 1475257.24/cwt257.00–258.001,2224
Bulls500–550Medium and Large 2510235.00/cwt235.00–235.001,1991
Bulls500–550Medium and Large 1530240.00/cwt240.00–240.001,2721
Bulls500–550Medium and Large 3545224.00/cwt224.00–224.001,2211
Bulls550–600Medium and Large 3575228.00/cwt228.00–228.001,3111
Bulls600–650Medium and Large 2610200.00/cwt200.00–200.001,2201
Bulls600–650Medium and Large 1618214.78/cwt211.00–219.001,3274
Bulls650–700Medium and Large 2690205.00/cwt205.00–205.001,4151
Bulls700–750Medium and Large 2743203.51/cwt202.00–205.001,5122
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,145130.00/cwt130.00–130.001,4891
Bulls——1,675153.00/cwt153.00–153.002,5631
Bulls——1,955147.00/cwt147.00–147.002,8741
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%1,03579.77/cwt77.00–83.008262
Cows—Lean 85-90%1,04091.38/cwt87.00–97.009503
Cows—Lean 85-90%1,185109.35/cwt107.00–111.001,2964
Cows—Boner 80-85%1,228118.28/cwt116.50–119.501,4524
Cows—Boner 80-85%1,400111.00/cwt111.00–111.001,5541
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,1751,875.00/head1,875.00–1,875.001,8752
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 21,0101,245.00/head1,245.00–1,245.001,2451
Bred Cows—Medium and Large 11,4851,740.00/head1,740.00–1,740.001,7401

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.