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

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 11
● Final62 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
159 head
▼ 46 vs last sale 205▼ 71 vs year ago 230 · −30.9%
Slaughter Cattle receipts
31 head
▼ 10 vs last sale 41▼ 42 vs year ago 73 · −57.5%
Replacement Cattle receipts
30 head
▲ 21 vs last sale 9▼ 12 vs year ago 42 · −28.6%
View

Reporter comment USDA

As filed

Good day, as compared to the last market feeder calves were 5-7 higher. Slaughter cows steady and bulls 3-5 higher.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $257.80/cwt on 6 head. That ranks 1 of 27 comparable sales and sits −163.34 against this barn's trailing median of $421.14.
Average price
$257.80
6 head · 545 lb average
Value per head Derived
$1,405
Price × average weight ÷ 100
Grade differential Derived
$109
per head · Medium and Large 1 over Medium and Large 3
$18.00/cwt at this weight
vs the market
+2.83
vs MS average
−47.64 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1535267.001,4282thin
Medium and Large 2557254.611,4183thin
Medium and Large 3530249.001,3201thin
One grade step is worth $18.00/cwt here — about $109 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 sale6 hd
257.80
—
MS average12 barns · 232 hd
254.97
+2.83
National average190 barns · 31,255 hd
305.44
−47.64
This barn, trailing median27 sales
421.14
−163.34
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—Average1,769141.592,5056thin
CowsBoner 80-85%Low1,256112.151,4085thin
CowsBreaker 75-80%Average1,510109.001,6461thin
CowsLean 85-90%Very Low1,05492.059707thin

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 Cows1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,090$1,1201thin
Bred Heifers1st/2nd Stage (1-6 mo)(<2 yrs)790$1,4501thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,285$2,2252thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,255$1,9002thin

Every lot

62 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 · Steers20 lots · lightest first
Steers250–300Medium and Large 1255380.00/cwt380.00–380.009691
Steers300–350Medium and Large 1305340.00/cwt340.00–340.001,0371
Steers300–350Medium and Large 2337311.64/cwt310.00–313.001,0503
Steers350–400Medium and Large 1365320.00/cwt320.00–320.001,1681
Steers350–400Medium and Large 3365270.00/cwt270.00–270.009861
Steers350–400Medium and Large 2375308.43/cwt300.00–316.001,1572
Steers400–450Medium and Large 1406307.02/cwt301.00–313.001,2474
Steers400–450Medium and Large 2413294.37/cwt290.00–300.001,2164
Steers400–450Medium and Large 3430284.03/cwt283.00–285.001,2213
Steers450–500Medium and Large 1450312.00/cwt312.00–312.001,4041
Steers450–500Medium and Large 3485282.42/cwt276.00–288.001,3703
Steers500–550Medium and Large 2505256.00/cwt256.00–256.001,2931
Steers500–550Medium and Large 1520272.00/cwt272.00–272.001,4141
Steers500–550Medium and Large 3530249.00/cwt249.00–249.001,3201
Steers550–600Medium and Large 1550262.00/cwt262.00–262.001,4411
Steers550–600Medium and Large 2583253.91/cwt250.00–258.001,4802
Steers600–650Medium and Large 1610249.45/cwt244.00–255.001,5222
Steers700–750Medium and Large 1710242.00/cwt242.00–242.001,7181
Steers750–800Medium and Large 2770224.49/cwt224.00–225.001,7292
Steers900–950Medium and Large 1900213.00/cwt213.00–213.001,9171
Feeder Cattle · Heifers15 lots · lightest first
Heifers200–250Medium and Large 1235363.00/cwt363.00–363.008531
Heifers250–300Medium and Large 1263347.06/cwt345.00–350.009133
Heifers350–400Medium and Large 2350260.00/cwt260.00–260.009101
Heifers400–450Medium and Large 2423242.37/cwt238.00–247.001,0252
Heifers400–450Medium and Large 1425252.48/cwt251.00–254.001,0732
Heifers450–500Medium and Large 1455257.00/cwt257.00–257.001,1691
Heifers450–500Medium and Large 3455228.00/cwt228.00–228.001,0371
Heifers450–500Medium and Large 2463241.11/cwt237.00–246.001,1163
Heifers500–550Medium and Large 1526235.71/cwt231.00–239.001,2404
Heifers500–550Medium and Large 2545230.00/cwt230.00–230.001,2541
Heifers600–650Medium and Large 1635205.00/cwt200.00–210.001,3022
Heifers650–700Medium and Large 2655195.00/cwt195.00–195.001,2771
Heifers650–700Medium and Large 1690205.00/cwt205.00–205.001,4151
Heifers700–750Medium and Large 1705210.00/cwt210.00–210.001,4811
Heifers900–950Medium and Large 1913181.00/cwt180.00–182.001,6532
Feeder Cattle · Bulls14 lots · lightest first
Bulls400–450Medium and Large 2405269.00/cwt269.00–269.001,0891
Bulls400–450Medium and Large 1425300.00/cwt300.00–300.001,2751
Bulls450–500Medium and Large 1465288.99/cwt288.00–290.001,3442
Bulls450–500Medium and Large 3468255.99/cwt255.00–257.001,1982
Bulls450–500Medium and Large 2485272.00/cwt272.00–272.001,3191
Bulls500–550Medium and Large 1520252.99/cwt252.00–254.001,3162
Bulls500–550Medium and Large 2530243.97/cwt240.00–247.001,2933
Bulls500–550Medium and Large 3530235.00/cwt235.00–235.001,2461
Bulls550–600Medium and Large 1565250.00/cwt250.00–250.001,4131
Bulls650–700Medium and Large 1670210.00/cwt210.00–210.001,4071
Bulls650–700Medium and Large 3675183.00/cwt183.00–183.001,2351
Bulls700–750Medium and Large 2720188.51/cwt187.00–190.001,3572
Bulls700–750Medium and Large 1743201.50/cwt201.00–202.001,4972
Bulls750–800Medium and Large 2790192.00/cwt192.00–192.001,5171
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,500131.00/cwt131.00–131.001,9651
Bulls——1,715135.69/cwt135.00–136.502,3272
Bulls——1,895149.05/cwt146.00–153.002,8243
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%93078.00/cwt78.00–78.007251
Cows—Lean 85-90%1,03590.28/cwt86.00–94.009344
Cows—Boner 80-85%1,115105.00/cwt105.00–105.001,1711
Cows—Lean 85-90%1,153102.63/cwt101.00–104.001,1832
Cows—Boner 80-85%1,291113.94/cwt112.50–116.001,4714
Cows—Breaker 75-80%1,510109.00/cwt109.00–109.001,6461
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 27901,450.00/head1,450.00–1,450.001,4501
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,0901,120.00/head1,120.00–1,120.001,1201
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 11,2551,900.00/head1,900.00–1,900.001,9002
Cow-Calf Pairs—Medium and Large 11,2852,225.00/head2,225.00–2,225.002,2252

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.