Sale reports / Mississippi / Meridian Livestock Auction / 2024-10-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 21
● Final71 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
241 head
▼ 75 vs last sale 316▼ 218 vs year ago 459 · −47.5%
Slaughter Cattle receipts
43 head
▼ 2 vs last sale 45▼ 30 vs year ago 73 · −41.1%
Replacement Cattle receipts
22 head
▼ 117 vs last sale 139▼ 12 vs year ago 34 · −35.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last sale feeder calves were stronger and the light calves 5-10 higher. Slaughter cattle were steady.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $254.84/cwt on 7 head. That ranks 1 of 27 comparable sales and sits −166.30 against this barn's trailing median of $421.14.
Average price
$254.84
7 head · 549 lb average
Value per head Derived
$1,400
Price × average weight ÷ 100
Grade differential Derived
$22
per head · Medium and Large 1 over Small 3
$33.43/cwt at this weight
vs the market
−1.30
vs MS average
−44.20 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1530272.431,4442thin
Medium and Large 2545251.331,3703thin
Medium and Large 3555246.001,3651thin
Small 3595239.001,4221thin
One grade step is worth $33.43/cwt here — about $22 a head. Across this sale the premium is widest at 600–700 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 sale7 hd
254.84
—
MS average11 barns · 224 hd
256.13
−1.30
National average191 barns · 36,605 hd
299.04
−44.20
This barn, trailing median27 sales
421.14
−166.30
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—Average1,699143.402,4375thin
CowsBoner 80-85%Low1,334120.471,6067thin
CowsBreaker 75-80%Average1,595117.001,8661thin
CowsLean 85-90%Low95099.6394711

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)1,400$1,6501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,093$1,5973thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)990$1,4201thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,195$1,7252thin

Every lot

71 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 · Steers26 lots · lightest first
Steers200–250Medium and Large 1232360.50/cwt350.00–373.008363
Steers200–250Medium and Large 2245333.00/cwt333.00–333.008161
Steers250–300Medium and Large 1250361.00/cwt361.00–361.009031
Steers250–300Medium and Large 2255340.00/cwt340.00–340.008671
Steers250–300Medium and Large 3285309.00/cwt308.00–310.008812
Steers300–350Medium and Large 1325314.99/cwt313.00–317.001,0243
Steers350–400Medium and Large 1365318.00/cwt318.00–318.001,1611
Steers350–400Medium and Large 2380292.60/cwt290.00–295.001,1122
Steers400–450Medium and Large 1423306.50/cwt306.00–307.001,2962
Steers400–450Medium and Large 3428278.98/cwt273.00–283.001,1943
Steers400–450Medium and Large 2430292.98/cwt292.00–294.001,2603
Steers450–500Medium and Large 2450292.00/cwt292.00–292.001,3141
Steers450–500Medium and Large 3480271.00/cwt271.00–271.001,3011
Steers500–550Medium and Large 1530272.43/cwt270.00–275.001,4442
Steers500–550Medium and Large 2535253.00/cwt251.00–255.001,3542
Steers550–600Medium and Large 3555246.00/cwt246.00–246.001,3651
Steers550–600Medium and Large 2565248.00/cwt248.00–248.001,4011
Steers550–600Small 3595239.00/cwt239.00–239.001,4221
Steers600–650Medium and Large 3635192.00/cwt192.00–192.001,2191
Steers650–700Medium and Large 1678246.49/cwt240.00–255.001,6716
Steers650–700Medium and Large 2683229.49/cwt225.00–236.001,5674
Steers700–750Medium and Large 2724219.20/cwt214.00–224.001,5875
Steers750–800Medium and Large 1765233.00/cwt233.00–233.001,7821
Steers800–850Medium and Large 1830220.00/cwt220.00–220.001,8261
Steers900–950Medium and Large 1905196.00/cwt196.00–196.001,7741
Steers1100–1150Medium and Large 11,135185.00/cwt185.00–185.002,1001
Feeder Cattle · Heifers19 lots · lightest first
Heifers200–250Medium and Large 1235333.00/cwt333.00–333.007831
Heifers200–250Medium and Large 3245281.00/cwt281.00–281.006881
Heifers250–300Medium and Large 1260316.00/cwt316.00–316.008221
Heifers250–300Medium and Large 3270290.00/cwt290.00–290.007831
Heifers300–350Medium and Large 2320265.00/cwt265.00–265.008481
Heifers350–400Medium and Large 2378260.02/cwt258.00–263.009834
Heifers350–400Medium and Large 1390280.00/cwt280.00–280.001,0921
Heifers400–450Medium and Large 1411259.53/cwt257.00–265.001,0674
Heifers400–450Medium and Large 2433240.53/cwt235.00–246.001,0412
Heifers450–500Medium and Large 2460240.00/cwt240.00–240.001,1041
Heifers450–500Medium and Large 3475230.92/cwt226.00–234.001,0974
Heifers500–550Medium and Large 1518240.98/cwt237.00–245.001,2482
Heifers500–550Medium and Large 2535230.99/cwt229.00–232.001,2363
Heifers550–600Medium and Large 2565225.43/cwt223.00–228.001,2742
Heifers650–700Medium and Large 1661212.74/cwt210.00–215.001,4064
Heifers700–750Medium and Large 2735196.00/cwt196.00–196.001,4411
Heifers700–750Medium and Large 1740208.00/cwt208.00–208.001,5391
Heifers750–800Medium and Large 2770197.95/cwt196.00–200.001,5242
Heifers800–850Medium and Large 1835194.00/cwt194.00–194.001,6201
Feeder Cattle · Bulls11 lots · lightest first
Bulls400–450Medium and Large 1420283.00/cwt283.00–283.001,1891
Bulls450–500Medium and Large 2465253.03/cwt250.00–256.001,1773
Bulls500–550Medium and Large 2520240.62/cwt238.00–244.001,2513
Bulls500–550Medium and Large 1525253.00/cwt253.00–253.001,3281
Bulls550–600Medium and Large 1555251.00/cwt251.00–251.001,3931
Bulls550–600Medium and Large 3565231.00/cwt231.00–231.001,3051
Bulls600–650Medium and Large 1635218.00/cwt218.00–218.001,3841
Bulls600–650Medium and Large 2635207.00/cwt207.00–207.001,3141
Bulls650–700Medium and Large 3695188.00/cwt188.00–188.001,3071
Bulls700–750Medium and Large 1723212.49/cwt212.00–213.001,5362
Bulls800–850Medium and Large 1800202.00/cwt202.00–202.001,6161
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,350130.00/cwt130.00–130.001,7551
Bulls——1,390138.00/cwt138.00–138.001,9181
Bulls——1,778145.76/cwt145.50–146.002,5922
Bulls——2,200157.50/cwt157.50–157.503,4651
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%79586.94/cwt85.00–88.506913
Cows—Lean 85-90%979108.86/cwt104.00–113.001,0665
Cows—Lean 85-90%1,05796.92/cwt94.00–99.501,0243
Cows—Boner 80-85%1,295122.75/cwt119.75–126.001,5904
Cows—Boner 80-85%1,385117.42/cwt116.25–119.001,6263
Cows—Breaker 75-80%1,595117.00/cwt117.00–117.001,8661
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 29901,420.00/head1,420.00–1,420.001,4201
Bred Cows—Medium and Large 21,0301,480.00/head1,480.00–1,480.001,4801
Bred Cows—Medium and Large 11,1251,655.07/head1,640.00–1,670.001,6552
Bred Cows—Medium and Large 11,4001,650.00/head1,650.00–1,650.001,6501
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,1951,725.00/head1,725.00–1,725.001,7252

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.