Sale reports / Mississippi / Meridian Livestock Auction / 2024-10-28

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 28
● Final72 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
376 head
▲ 135 vs last sale 241▲ 117 vs year ago 259 · +45.2%
Slaughter Cattle receipts
45 head
▲ 2 vs last sale 43▼ 4 vs year ago 49 · −8.2%
Replacement Cattle receipts
36 head
▲ 14 vs last sale 22▲ 9 vs year ago 27 · +33.3%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were mixed and slaughter cattle steady. Stock cows sold good.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $265.82/cwt on 15 head. That ranks 1 of 27 comparable sales and sits −155.32 against this barn's trailing median of $421.14.
Average price
$265.82
15 head · 526 lb average
Value per head Derived
$1,398
Price × average weight ÷ 100
Grade differential Derived
$100
per head · Medium and Large 1 over Medium and Large 3
$37.33/cwt at this weight
vs the market
+8.88
vs MS average
−34.87 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1505290.001,4651thin
Medium and Large 2524267.201,40011thin
Medium and Large 3540252.671,3643thin
One grade step is worth $37.33/cwt here — about $100 a head. Across this sale the premium is widest at 200–300 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
265.82
—
MS average13 barns · 272 hd
256.94
+8.88
National average185 barns · 40,108 hd
300.69
−34.87
This barn, trailing median27 sales
421.14
−155.32
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—Average1,765143.722,5375thin
CowsBreaker 75-80%Average1,578118.201,8653thin
CowsBoner 80-85%Average1,199117.141,4048thin
CowsLean 85-90%Very Low1,00994.489547thin

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)1,099$1,8144thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,130$1,5751thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,210$2,2502thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,183$2,1004thin

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 · Steers23 lots · lightest first
Steers200–250Medium and Large 1238412.58/cwt410.00–415.009822
Steers250–300Medium and Large 1285395.00/cwt395.00–395.001,1261
Steers250–300Medium and Large 2290327.50/cwt325.00–330.009502
Steers300–350Medium and Large 2317305.86/cwt300.00–310.009703
Steers300–350Medium and Large 3325295.00/cwt295.00–295.009591
Steers300–350Medium and Large 1330319.97/cwt315.00–325.001,0563
Steers350–400Medium and Large 2365298.00/cwt298.00–298.001,0881
Steers350–400Medium and Large 3369286.72/cwt280.00–292.001,0584
Steers400–450Medium and Large 1-2410311.00/cwt311.00–311.001,2754
Steers400–450Medium and Large 1440285.00/cwt285.00–285.001,2541
Steers450–500Medium and Large 3470255.00/cwt255.00–255.001,1991
Steers450–500Medium and Large 1476287.22/cwt287.00–290.001,36714
Steers450–500Medium and Large 2480268.00/cwt268.00–268.001,2861
Steers500–550Medium and Large 1505290.00/cwt290.00–290.001,4651
Steers500–550Medium and Large 2516267.25/cwt266.00–275.001,3799
Steers500–550Medium and Large 3520258.00/cwt258.00–258.001,3421
Steers550–600Medium and Large 3550250.00/cwt250.00–250.001,3752
Steers550–600Medium and Large 2560267.00/cwt267.00–267.001,4952
Steers600–650Medium and Large 3605224.00/cwt224.00–224.001,3551
Steers600–650Medium and Large 1-2621250.30/cwt246.00–254.001,55425
Steers600–650Medium and Large 2623235.98/cwt232.00–240.001,4702
Steers650–700Medium and Large 3670225.04/cwt220.00–230.001,5082
Steers700–750Medium and Large 1711227.00/cwt227.00–227.001,6146
Feeder Cattle · Heifers23 lots · lightest first
Heifers200–250Medium and Large 1233364.84/cwt350.00–380.008502
Heifers200–250Medium and Large 3240283.00/cwt283.00–283.006791
Heifers250–300Medium and Large 3280278.27/cwt272.00–285.007792
Heifers300–350Medium and Large 2310268.00/cwt268.00–268.008311
Heifers300–350Medium and Large 3338243.47/cwt239.00–248.008232
Heifers350–400Medium and Large 2350250.00/cwt250.00–250.008751
Heifers400–450Medium and Large 1426241.00/cwt241.00–241.001,02710
Heifers450–500Medium and Large 2484232.25/cwt230.00–234.001,1244
Heifers450–500Medium and Large 3495223.00/cwt223.00–223.001,1041
Heifers500–550Medium and Large 1522232.00/cwt232.00–232.001,2115
Heifers500–550Medium and Large 2528223.38/cwt220.00–227.001,1792
Heifers550–600Medium and Large 1568233.02/cwt228.00–234.001,32419
Heifers550–600Medium and Large 2573223.45/cwt222.00–225.001,2802
Heifers550–600Medium and Large 3595218.00/cwt218.00–218.001,2971
Heifers600–650Medium and Large 2620218.00/cwt218.00–218.001,3521
Heifers600–650Medium and Large 3623199.86/cwt195.00–205.001,2452
Heifers600–650Medium and Large 1635218.51/cwt217.00–220.001,3882
Heifers650–700Medium and Large 1684227.71/cwt222.00–231.001,5589
Heifers650–700Medium and Large 2694214.21/cwt211.00–215.001,4875
Heifers700–750Medium and Large 2715190.00/cwt190.00–190.001,3591
Heifers750–800Medium and Large 1770215.00/cwt215.00–215.001,6561
Heifers1050–1100Medium and Large 11,070188.00/cwt188.00–188.002,0121
Heifers1150–1200Medium and Large 1-21,165176.00/cwt176.00–176.002,0505
Feeder Cattle · Bulls13 lots · lightest first
Bulls450–500Medium and Large 2455266.46/cwt263.00–270.001,2122
Bulls450–500Medium and Large 3490248.00/cwt248.00–248.001,2151
Bulls500–550Medium and Large 1510251.99/cwt251.00–253.001,2852
Bulls500–550Medium and Large 3535228.00/cwt228.00–228.001,2201
Bulls550–600Medium and Large 1560256.47/cwt255.00–258.001,4362
Bulls550–600Medium and Large 2565248.00/cwt248.00–248.001,4011
Bulls550–600Medium and Large 3580223.49/cwt222.00–225.001,2962
Bulls600–650Medium and Large 1618214.02/cwt213.00–215.001,3232
Bulls650–700Medium and Large 1678208.04/cwt201.00–213.001,4113
Bulls700–750Medium and Large 2718194.98/cwt190.00–200.001,4002
Bulls700–750Medium and Large 3720185.00/cwt185.00–185.001,3321
Bulls750–800Medium and Large 1775205.00/cwt205.00–205.001,5891
Bulls750–800Medium and Large 2788193.99/cwt193.00–195.001,5292
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,680139.53/cwt138.00–141.002,3442
Bulls——1,822146.51/cwt145.00–148.002,6693
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%90889.09/cwt88.00–90.008092
Cows—Lean 85-90%1,00076.42/cwt75.00–78.007642
Cows—Lean 85-90%1,083110.12/cwt107.00–113.001,1933
Cows—Boner 80-85%1,172121.90/cwt119.50–125.501,4295
Cows—Boner 80-85%1,243109.20/cwt105.00–115.001,3573
Cows—Breaker 75-80%1,578118.20/cwt115.00–122.001,8653
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 11,0991,814.06/head1,625.00–1,985.001,8144
Bred Cows—Medium and Large 21,1301,575.00/head1,575.00–1,575.001,5751
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0851,925.00/head1,925.00–1,925.001,9252
Cow-Calf Pairs—Medium and Large 11,2102,250.00/head2,250.00–2,250.002,2502
Cow-Calf Pairs—Medium and Large 11,2802,275.00/head2,275.00–2,275.002,2752

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.