Sale reports / Mississippi / Grenada Livestock Auction / 2020-08-03

Grenada Livestock Auction

Feeder Cattle · Slaughter Cattle · Grenada, Mississippi · Mon, Aug 3
● Final20 lots reportedUSDA AMS · slug 2124
Feeder Cattle receipts
39 head
57 vs last sale 96 39 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
8 head
2 vs last sale 6 8 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared to last week it was a lighter run but looked like feeders were higher 3-7. Slaughter cattle looked a little higher as well.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $123.97/cwt on 21 head.
Average price
$123.97
21 head · 524 lb average
Value per head Derived
$649
Price × average weight ÷ 100
Grade differential Derived
$40
per head · Medium and Large 1 over Medium and Large 2
$22.86/cwt at this weight
vs the market
2.18
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1492128.866347thin
Medium and Large 1-2534125.7667211thin
Medium and Large 2560106.005943thin
One grade step is worth $22.86/cwt here — about $40 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale21 hd
123.97
MS average13 barns · 1,215 hd
126.15
−2.18
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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
BullsAverage2,085103.502,1581thin
CowsBoner 80-85%Average1,28163.158094thin
CowsLean 85-90%Average86845.003902thin

Every lot, as filed

20 lots · USDA AMS · Grenada Stockyard - Grenada, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 1543140.50/cwt139.50–141.507632
SteersMedium and Large 1550137.00/cwt137.00–137.007541
SteersMedium and Large 1430149.00/cwt149.00–149.006411
CowsBoner 80-85%1,28163.15/cwt58.50–67.508094
CowsLean 85-90%97550.00/cwt50.00–50.004881
CowsLean 85-90%76040.00/cwt40.00–40.003041
HeifersMedium and Large 2465123.00/cwt123.00–123.005721
HeifersMedium and Large 2440120.00/cwt120.00–120.005281
HeifersMedium and Large 1-2534125.76/cwt125.50–127.0067211
HeifersMedium and Large 1513124.31/cwt119.00–128.006383
HeifersMedium and Large 1490129.70/cwt126.00–137.006363
HeifersMedium and Large 1435140.00/cwt140.00–140.006091
HeifersMedium and Large 277575.00/cwt75.00–75.005811
BullsMedium and Large 2545124.00/cwt124.00–124.006761
BullsMedium and Large 2390146.00/cwt146.00–146.005691
Bulls2,085103.50/cwt103.50–103.502,1581
BullsMedium and Large 1458136.97/cwt135.00–139.006272
BullsMedium and Large 1438143.02/cwt140.00–146.006262
BullsMedium and Large 1368153.00/cwt153.00–153.005632
BullsMedium and Large 1505139.00/cwt139.00–139.007021

How this sale compares

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.