Sale reports / Mississippi / Meridian Livestock Auction / 2024-09-30

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 30
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
309 head
▲ 107 vs last sale 202▲ 18 vs year ago 291 · +6.2%
Slaughter Cattle receipts
18 head
▼ 16 vs last sale 34▼ 76 vs year ago 94 · −80.9%
Replacement Cattle receipts
10 head
▼ 6 vs last sale 16▼ 26 vs year ago 36 · −72.2%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady to 5 higher and had a very small offering of slaughter cattle, so no trends there.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $264.57/cwt on 24 head. That ranks 1 of 27 comparable sales and sits −156.57 against this barn's trailing median of $421.14.
Average price
$264.57
24 head · 541 lb average
Value per head Derived
$1,432
Price × average weight ÷ 100
Grade differential Derived
$118
per head · Medium and Large 1-2 over Medium and Large 3
$46.38/cwt at this weight
vs the market
+16.09
vs MS average
−22.25 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2529277.181,46615thin
Medium and Large 1522264.341,3803thin
Medium and Large 2570245.001,3971thin
Medium and Large 3584230.801,3485thin
One grade step is worth $46.38/cwt here — about $118 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 sale24 hd
264.57
—
MS average12 barns · 312 hd
248.48
+16.09
National average167 barns · 15,497 hd
286.82
−22.25
This barn, trailing median27 sales
421.14
−156.57
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—Average1,562142.192,2213thin
CowsBoner 80-85%Low1,342117.991,5833thin
CowsLean 85-90%Very Low1,045100.101,0467thin

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)1,290$1,5001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,180$1,8002thin

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 · Steers25 lots · lightest first
Steers200–250Medium and Large 2235330.00/cwt330.00–330.007761
Steers250–300Medium and Large 1285368.00/cwt368.00–368.001,0491
Steers300–350Medium and Large 1328320.40/cwt313.00–325.001,0513
Steers300–350Medium and Large 2328304.50/cwt299.00–310.009993
Steers300–350Medium and Large 3345286.00/cwt286.00–286.009871
Steers350–400Medium and Large 1350313.00/cwt313.00–313.001,0961
Steers350–400Medium and Large 3380282.50/cwt276.00–286.001,0743
Steers350–400Medium and Large 2388299.65/cwt292.00–307.001,1632
Steers400–450Medium and Large 1-2406290.00/cwt290.00–290.001,1777
Steers400–450Medium and Large 1412284.00/cwt280.00–288.001,1703
Steers400–450Medium and Large 2415277.00/cwt277.00–277.001,1501
Steers450–500Medium and Large 1460282.00/cwt282.00–282.001,2971
Steers450–500Medium and Large 2470272.93/cwt270.00–275.001,2833
Steers500–550Medium and Large 1522264.34/cwt261.00–266.001,3803
Steers500–550Medium and Large 1-2529277.18/cwt273.00–285.001,46615
Steers500–550Medium and Large 3540238.00/cwt238.00–238.001,2851
Steers550–600Medium and Large 2570245.00/cwt245.00–245.001,3971
Steers550–600Medium and Large 3595229.00/cwt229.00–229.001,3634
Steers600–650Medium and Large 1605231.00/cwt231.00–231.001,3981
Steers600–650Medium and Large 2610225.00/cwt225.00–225.001,3731
Steers600–650Medium and Large 1-2633249.00/cwt249.00–249.001,5766
Steers650–700Medium and Large 1685230.00/cwt230.00–230.001,5761
Steers700–750Medium and Large 2728218.56/cwt215.00–222.001,5912
Steers700–750Medium and Large 1730230.00/cwt230.00–230.001,6797
Steers1200–1250Medium and Large 11,210200.00/cwt200.00–200.002,4201
Feeder Cattle · Heifers16 lots · lightest first
Heifers300–350Medium and Large 1310271.00/cwt271.00–271.008401
Heifers350–400Medium and Large 2375256.01/cwt255.00–257.009602
Heifers350–400Medium and Large 3385246.67/cwt245.00–248.009503
Heifers400–450Medium and Large 2410240.00/cwt240.00–240.009841
Heifers400–450Medium and Large 1413247.51/cwt245.00–251.001,0224
Heifers450–500Medium and Large 3468227.98/cwt226.00–230.001,0673
Heifers500–550Medium and Large 3505216.00/cwt216.00–216.001,0911
Heifers500–550Medium and Large 1516233.14/cwt227.00–235.001,2037
Heifers500–550Medium and Large 2523221.97/cwt221.00–223.001,1612
Heifers550–600Medium and Large 2558224.35/cwt220.00–225.001,2528
Heifers550–600Medium and Large 3570215.50/cwt213.00–218.001,2282
Heifers550–600Medium and Large 1584230.00/cwt230.00–230.001,34312
Heifers600–650Medium and Large 1620215.00/cwt215.00–215.001,3331
Heifers650–700Medium and Large 1678210.97/cwt210.00–212.001,4302
Heifers700–750Medium and Large 1713376.90/cwt210.00–710.002,6873
Heifers800–850Medium and Large 1800205.00/cwt205.00–205.001,6402
Feeder Cattle · Bulls15 lots · lightest first
Bulls450–500Medium and Large 1463262.98/cwt260.00–266.001,2182
Bulls450–500Medium and Large 2473252.38/cwt250.00–255.001,1942
Bulls500–550Medium and Large 2510239.00/cwt239.00–239.001,2191
Bulls500–550Medium and Large 1518242.68/cwt241.00–244.001,2573
Bulls500–550Medium and Large 3520218.00/cwt218.00–218.001,1341
Bulls550–600Medium and Large 2560232.98/cwt231.00–235.001,3052
Bulls550–600Medium and Large 1580247.03/cwt245.00–249.001,4332
Bulls550–600Medium and Large 3590222.00/cwt222.00–222.001,3101
Bulls600–650Medium and Large 2635198.00/cwt198.00–198.001,2571
Bulls600–650Medium and Large 1638210.66/cwt208.00–213.001,3443
Bulls600–650Medium and Large 3640187.00/cwt187.00–187.001,1971
Bulls650–700Medium and Large 2693192.49/cwt190.00–195.001,3342
Bulls650–700Medium and Large 3695184.00/cwt184.00–184.001,2791
Bulls700–750Medium and Large 1725201.00/cwt201.00–201.001,4571
Bulls700–750Medium and Large 3730186.47/cwt185.00–188.001,3612
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,562142.19/cwt140.00–145.002,2213
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%95788.96/cwt82.50–92.508513
Cows—Lean 85-90%1,072110.27/cwt107.50–113.001,1823
Cows—Lean 85-90%1,225103.00/cwt103.00–103.001,2621
Cows—Boner 80-85%1,333120.98/cwt116.00–125.001,6132
Cows—Boner 80-85%1,360112.00/cwt112.00–112.001,5231
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,2901,500.00/head1,500.00–1,500.001,5001
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,1801,800.00/head1,800.00–1,800.001,8002

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.