Sale reports / Mississippi / Meridian Livestock Auction / 2024-11-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 4
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
205 head
▼ 171 vs last sale 376▼ 155 vs year ago 360 · −43.1%
Slaughter Cattle receipts
41 head
▼ 4 vs last sale 45▼ 85 vs year ago 126 · −67.5%
Replacement Cattle receipts
9 head
▼ 27 vs last sale 36▼ 13 vs year ago 22 · −59.1%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were steady and slaughter cattle 5-8 lower and bulls 2-6 lower.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $259.26/cwt on 16 head. That ranks 1 of 27 comparable sales and sits −161.89 against this barn's trailing median of $421.14.
Average price
$259.26
16 head · 546 lb average
Value per head Derived
$1,415
Price × average weight ÷ 100
Grade differential Derived
$117
per head · Medium and Large 1-2 over Medium and Large 3
$52.31/cwt at this weight
vs the market
+2.12
vs MS average
−42.60 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2505286.001,4442thin
Medium and Large 1539264.371,4248thin
Medium and Large 2569253.341,4413thin
Medium and Large 3568233.691,3273thin
One grade step is worth $52.31/cwt here — about $117 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 sale16 hd
259.26
—
MS average12 barns · 357 hd
257.13
+2.12
National average187 barns · 26,509 hd
301.85
−42.60
This barn, trailing median27 sales
421.14
−161.89
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—Low1,803139.542,5154thin
CowsBoner 80-85%Average1,377114.361,5746thin
CowsBreaker 75-80%Average1,525113.111,7253thin
CowsLean 85-90%Average1,080102.051,1027thin

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)1,260$1,7752thin
Bred Cows2nd/3rd Stage (4-9 mo)Young (2-4 yrs)1,070$1,7252thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,305$1,7001thin

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 · Steers23 lots · lightest first
Steers200–250Medium and Large 1235373.24/cwt355.00–390.008772
Steers250–300Medium and Large 2250320.00/cwt320.00–320.008001
Steers250–300Medium and Large 1260395.00/cwt395.00–395.001,0271
Steers300–350Medium and Large 3305290.00/cwt290.00–290.008851
Steers300–350Medium and Large 2320313.00/cwt313.00–313.001,0021
Steers300–350Medium and Large 1333324.96/cwt320.00–330.001,0822
Steers350–400Medium and Large 2368304.19/cwt300.00–308.001,1192
Steers350–400Medium and Large 3390275.00/cwt275.00–275.001,0731
Steers400–450Medium and Large 2405293.00/cwt293.00–293.001,1871
Steers400–450Medium and Large 1423304.87/cwt295.00–310.001,2905
Steers450–500Medium and Large 1485304.00/cwt304.00–304.001,4741
Steers450–500Medium and Large 3485280.00/cwt280.00–280.001,3581
Steers500–550Medium and Large 1-2505286.00/cwt286.00–286.001,4442
Steers500–550Medium and Large 1535263.57/cwt237.00–280.001,4107
Steers500–550Medium and Large 2540250.00/cwt250.00–250.001,3501
Steers550–600Medium and Large 1565270.00/cwt270.00–270.001,5261
Steers550–600Medium and Large 3568233.69/cwt231.00–235.001,3273
Steers550–600Medium and Large 2583255.01/cwt253.00–257.001,4872
Steers600–650Medium and Large 2633240.22/cwt237.00–241.001,5215
Steers600–650Medium and Large 1640253.27/cwt251.00–254.001,6214
Steers650–700Medium and Large 1685248.00/cwt248.00–248.001,6991
Steers700–750Medium and Large 3705210.00/cwt210.00–210.001,4811
Steers750–800Medium and Large 3755220.00/cwt220.00–220.001,6611
Feeder Cattle · Heifers19 lots · lightest first
Heifers300–350Medium and Large 2310260.00/cwt260.00–260.008061
Heifers300–350Medium and Large 1340265.00/cwt265.00–265.009011
Heifers300–350Medium and Large 3340248.00/cwt248.00–248.008431
Heifers350–400Medium and Large 2360251.00/cwt251.00–251.009041
Heifers350–400Medium and Large 1370275.00/cwt275.00–275.001,0181
Heifers400–450Medium and Large 1405233.00/cwt233.00–233.009441
Heifers450–500Medium and Large 2478225.19/cwt221.00–228.001,0764
Heifers450–500Medium and Large 1483236.01/cwt234.00–238.001,1402
Heifers500–550Medium and Large 2517225.05/cwt220.00–228.001,1643
Heifers500–550Medium and Large 1525235.50/cwt230.00–237.001,2368
Heifers500–550Medium and Large 3538217.01/cwt215.00–219.001,1682
Heifers550–600Medium and Large 2571224.00/cwt224.00–224.001,2795
Heifers550–600Medium and Large 3575217.00/cwt217.00–217.001,2481
Heifers600–650Medium and Large 1620214.00/cwt214.00–214.001,3271
Heifers650–700Medium and Large 1-2650228.00/cwt228.00–228.001,4822
Heifers650–700Medium and Large 1655210.00/cwt210.00–210.001,3761
Heifers650–700Medium and Large 2685200.27/cwt194.00–207.001,3723
Heifers800–850Medium and Large 1835180.00/cwt180.00–180.001,5031
Heifers850–900Medium and Large 1850191.00/cwt191.00–191.001,6241
Feeder Cattle · Bulls14 lots · lightest first
Bulls400–450Medium and Large 1415278.00/cwt278.00–278.001,1541
Bulls400–450Medium and Large 2445250.00/cwt250.00–250.001,1131
Bulls450–500Medium and Large 2455260.21/cwt252.00–265.001,1844
Bulls450–500Medium and Large 1465270.00/cwt270.00–270.001,2561
Bulls450–500Medium and Large 3475244.00/cwt244.00–244.001,1591
Bulls500–550Medium and Large 2515225.49/cwt225.00–226.001,1612
Bulls500–550Medium and Large 1517234.61/cwt230.00–240.001,2133
Bulls550–600Medium and Large 2550224.00/cwt224.00–224.001,2321
Bulls550–600Medium and Large 1560235.00/cwt235.00–235.001,3161
Bulls600–650Medium and Large 2620210.00/cwt210.00–210.001,3021
Bulls600–650Medium and Large 1622218.29/cwt214.00–226.001,3583
Bulls650–700Medium and Large 2665205.00/cwt205.00–205.001,3631
Bulls700–750Medium and Large 2715208.00/cwt208.00–208.001,4875
Bulls800–850Medium and Large 1808185.00/cwt185.00–185.001,4952
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,535135.50/cwt135.50–135.502,0801
Bulls——1,892140.88/cwt140.00–142.002,6653
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%94588.54/cwt88.00–89.008372
Cows—Lean 85-90%1,134107.45/cwt101.00–111.001,2185
Cows—Boner 80-85%1,375115.33/cwt110.00–120.001,5865
Cows—Boner 80-85%1,385109.50/cwt109.50–109.501,5171
Cows—Breaker 75-80%1,525113.11/cwt112.00–114.501,7253
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 29801,650.00/head1,650.00–1,650.001,6501
Bred Cows—Medium and Large 11,1601,800.00/head1,800.00–1,800.001,8001
Bred Cows—Medium and Large 11,2601,774.73/head1,750.00–1,795.001,7752
Bred Cows—Medium and Large 11,3051,700.00/head1,700.00–1,700.001,7001

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.