Sale reports / Mississippi / Meridian Livestock Auction / 2024-10-14

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 14
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
316 head
▲ 36 vs last sale 280▲ 120 vs year ago 196 · +61.2%
Slaughter Cattle receipts
45 head
▲ 29 vs last sale 16▼ 7 vs year ago 52 · −13.5%
Replacement Cattle receipts
139 head
▲ 124 vs last sale 15▲ 107 vs year ago 32 · +334.4%
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. Had a night stock cow sale and had some really good cows that brought good money.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $255.83/cwt on 13 head. That ranks 1 of 27 comparable sales and sits −165.31 against this barn's trailing median of $421.14.
Average price
$255.83
13 head · 553 lb average
Value per head Derived
$1,415
Price × average weight ÷ 100
Grade differential Derived
$128
per head · Medium and Large 1 over Medium and Large 3
$22.59/cwt at this weight
vs the market
−1.86
vs MS average
−43.50 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1547264.961,4496thin
Medium and Large 2568252.221,4324thin
Medium and Large 3545242.371,3213thin
One grade step is worth $22.59/cwt here — about $128 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 sale13 hd
255.83
—
MS average12 barns · 305 hd
257.69
−1.86
National average188 barns · 32,793 hd
299.33
−43.50
This barn, trailing median27 sales
421.14
−165.31
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—Low1,340148.001,9831thin
CowsBoner 80-85%Low1,325117.891,5629thin
CowsLean 85-90%Very Low1,12397.201,0927thin

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)1,158$2,1807
Cow-Calf Pairs2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,800$3,7502thin
Cow-Calf Pairs1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,590$3,5586
Cow-Calf Pairs1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,449$2,8508

Every lot

67 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
Steers250–300Medium and Large 1260318.00/cwt318.00–318.008271
Steers250–300Medium and Large 2275290.00/cwt290.00–290.007981
Steers300–350Medium and Large 1320297.56/cwt290.00–311.009523
Steers300–350Medium and Large 2333281.08/cwt279.00–283.009362
Steers300–350Medium and Large 3340260.00/cwt260.00–260.008841
Steers350–400Medium and Large 2360286.50/cwt285.00–288.001,0312
Steers350–400Medium and Large 1363294.51/cwt290.00–300.001,0693
Steers400–450Medium and Large 2435272.00/cwt272.00–272.001,1831
Steers450–500Medium and Large 1-2462294.28/cwt290.00–296.001,36018
Steers450–500Medium and Large 2472261.63/cwt260.00–263.001,2353
Steers450–500Medium and Large 1480279.51/cwt279.00–280.001,3422
Steers500–550Medium and Large 1525263.37/cwt260.00–267.001,3832
Steers500–550Medium and Large 3525241.56/cwt240.00–243.001,2682
Steers500–550Medium and Large 2540251.00/cwt251.00–251.001,3551
Steers550–600Medium and Large 1558265.76/cwt260.00–269.001,4834
Steers550–600Medium and Large 2577252.63/cwt251.00–255.001,4583
Steers550–600Medium and Large 3585244.00/cwt244.00–244.001,4271
Steers600–650Medium and Large 1605247.44/cwt240.00–255.001,4972
Steers600–650Medium and Large 2628231.99/cwt229.00–235.001,4572
Steers650–700Medium and Large 2655231.71/cwt231.00–236.001,5187
Steers650–700Medium and Large 1672242.44/cwt239.00–244.001,6295
Steers700–750Medium and Large 2710221.00/cwt221.00–221.001,5691
Steers700–750Medium and Large 1725235.00/cwt235.00–235.001,7041
Steers750–800Medium and Large 1750226.00/cwt226.00–226.001,6951
Steers750–800Medium and Large 2758211.98/cwt189.00–224.001,6073
Feeder Cattle · Heifers19 lots · lightest first
Heifers300–350Medium and Large 3323262.11/cwt257.00–270.008473
Heifers350–400Medium and Large 1395304.00/cwt304.00–304.001,2011
Heifers400–450Medium and Large 2405243.00/cwt243.00–243.009841
Heifers400–450Medium and Large 1435242.00/cwt242.00–242.001,0531
Heifers450–500Medium and Large 2473231.98/cwt231.00–233.001,0972
Heifers450–500Medium and Large 1480245.00/cwt245.00–245.001,1761
Heifers500–550Medium and Large 2515223.00/cwt223.00–223.001,1481
Heifers500–550Medium and Large 1525225.00/cwt225.00–225.001,1811
Heifers550–600Medium and Large 1555231.00/cwt229.00–233.001,2822
Heifers550–600Medium and Large 2578220.00/cwt219.00–221.001,2722
Heifers550–600Medium and Large 3595215.00/cwt215.00–215.001,2791
Heifers600–650Medium and Large 1640220.00/cwt220.00–220.001,4081
Heifers600–650Medium and Large 2643211.01/cwt208.00–214.001,3572
Heifers650–700Medium and Large 2678205.97/cwt203.00–210.001,3963
Heifers650–700Medium and Large 3685190.00/cwt190.00–190.001,3021
Heifers700–750Medium and Large 2710210.00/cwt210.00–210.001,4911
Heifers700–750Medium and Large 3733186.56/cwt183.00–190.001,3672
Heifers850–900Medium and Large 1855195.00/cwt195.00–195.001,6671
Heifers850–900Medium and Large 3895170.00/cwt170.00–170.001,5221
Feeder Cattle · Bulls12 lots · lightest first
Bulls400–450Medium and Large 3405254.50/cwt251.00–258.001,0312
Bulls400–450Medium and Large 2445274.00/cwt274.00–274.001,2191
Bulls450–500Medium and Large 3470261.00/cwt261.00–261.001,2271
Bulls500–550Medium and Large 1510252.97/cwt250.00–256.001,2902
Bulls500–550Medium and Large 2533239.54/cwt238.00–241.001,2772
Bulls550–600Medium and Large 3595221.00/cwt214.00–228.001,3152
Bulls600–650Medium and Large 1618218.61/cwt216.00–222.001,3513
Bulls650–700Medium and Large 2668199.96/cwt190.00–210.001,3362
Bulls650–700Medium and Large 1695217.00/cwt217.00–217.001,5081
Bulls700–750Medium and Large 1725207.00/cwt207.00–207.001,5011
Bulls800–850Medium and Large 2820180.00/cwt180.00–180.001,4761
Bulls900–950Medium and Large 1915181.00/cwt181.00–181.001,6561
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,340148.00/cwt148.00–148.001,9831
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%1,06386.27/cwt85.50–87.009172
Cows—Lean 85-90%1,10394.18/cwt93.50–95.001,0392
Cows—Lean 85-90%1,177106.50/cwt105.00–108.001,2543
Cows—Boner 80-85%1,230113.04/cwt111.00–115.001,3902
Cows—Boner 80-85%1,352119.28/cwt116.00–123.001,6137
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,3452,595.96/head2,500.00–2,675.002,5964
Cow-Calf Pairs—Medium and Large 11,5533,104.67/head3,000.00–3,250.003,1054
Cow-Calf Pairs—Medium and Large 11,5903,557.91/head3,300.00–3,850.003,5586
Cow-Calf Pairs—Medium and Large 11,8003,750.00/head3,750.00–3,750.003,7502
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,1582,179.67/head1,750.00–2,500.002,1807

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.