Sale reports / Mississippi / Lipscomb Brother's Livestock Auction / 2020-06-10

Lipscomb Brother's Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Como, Mississippi · Wed, Jun 10
● Final61 lots reportedUSDA AMS · slug 2126
Feeder Cattle receipts
284 head
▲ 0 vs last sale 284▲ 284 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
21 head
▼ 27 vs last sale 48▲ 21 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
3 head
▼ 6 vs last sale 9▲ 3 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

*Special Note: Next week 6-17-20 in addition to the regular sale there will be a complete herd dispersal of 35 cows with 15 calves at side.*

Compared to last week: feeder steers sold steady, feeder heifers sold steady, and feeder bulls under 400 lb. sold 10.00 higher and feeder bulls over 400 lb. sold steady. Slaughter cows sold 3.00 higher. Demand was good and quality ranged from average to attractive.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $132.21/cwt on 111 head. That ranks 1 of 2 comparable sales and sits −79.31 against this barn's trailing median of $211.53.
Average price
$132.21
111 head · 457 lb average
Value per head Derived
$605
Price × average weight ÷ 100
Grade differential Derived
$41
per head · Medium and Large 1 over Medium and Large 1-2
$9.56/cwt at this weight
vs the market
+4.59
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1479136.5665545
Medium and Large 2454129.7758939
Medium and Large 3397129.2751418thin
Medium and Large 1-2483127.006139thin
One grade step is worth $9.56/cwt here — about $41 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 sale111 hd
132.21
—
MS average12 barns · 528 hd
127.63
+4.59
This barn, trailing median2 sales
211.53
−79.31
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
Bulls—Average1,69893.341,5852thin
CowsBoner 80-85%Average1,14363.197229thin
CowsLean 85-90%Average91251.834733thin

Every lot, as filed

61 lots · USDA AMS · Lipscomb Brother's Livestock Market, Inc.- Como, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1—414143.74/cwt141.00–147.005954
BullsMedium and Large 1—515123.65/cwt121.00–126.006373
BullsMedium and Large 1—775105.00/cwt105.00–105.008141
BullsMedium and Large 1—715112.00/cwt112.00–112.008011
BullsMedium and Large 1—275171.00/cwt171.00–171.004701
BullsMedium and Large 1—235184.00/cwt184.00–184.004321
SteersMedium and Large 1—678120.97/cwt118.00–124.008202
SteersMedium and Large 1—620125.00/cwt125.00–125.007751
SteersMedium and Large 1—520130.00/cwt130.00–130.006761
SteersMedium and Large 1—495131.00/cwt131.00–131.006481
HeifersMedium and Large 3—410110.00/cwt110.00–110.004511
HeifersMedium and Large 3—370111.00/cwt111.00–111.004111
HeifersMedium and Large 2—326119.29/cwt115.00–125.003895
HeifersMedium and Large 2—573106.49/cwt105.00–108.006102
HeifersMedium and Large 2—545108.00/cwt106.00–110.005892
HeifersMedium and Large 2—480106.47/cwt105.00–108.005112
HeifersMedium and Large 2—433117.49/cwt117.00–118.005092
HeifersMedium and Large 2—650100.00/cwt100.00–100.006501
HeifersMedium and Large 2—350122.00/cwt122.00–122.004271
HeifersMedium and Large 1-2—374130.00/cwt130.00–130.004867
HeifersMedium and Large 1—472121.11/cwt118.00–125.005725
HeifersMedium and Large 1—415126.37/cwt124.00–131.005245
HeifersMedium and Large 1—381126.80/cwt126.00–127.004835
HeifersMedium and Large 1—523123.69/cwt122.00–125.006473
HeifersMedium and Large 1—275132.00/cwt132.00–132.003632
HeifersMedium and Large 1—670113.00/cwt113.00–113.007571
HeifersMedium and Large 1—200139.00/cwt139.00–139.002781
BullsMedium and Large 3—437124.00/cwt115.00–129.005425
BullsMedium and Large 3—386133.97/cwt127.00–138.005175
BullsMedium and Large 3—330138.67/cwt136.00–140.004583
CowsLean 85-90%—91251.83/cwt47.00–56.004733
CowsBoner 80-85%—1,14363.19/cwt57.00–68.007229
Bulls——1,69893.34/cwt90.00–97.001,5852
Cow-Calf PairsMedium and Large 1—8501,110.00/cwt1,110.00–1,110.009,4353
SteersMedium and Large 3—505117.00/cwt117.00–117.005911
SteersMedium and Large 3—435115.00/cwt115.00–115.005001
SteersMedium and Large 2—660100.00/cwt100.00–100.006601
SteersMedium and Large 2—585118.00/cwt118.00–118.006901
SteersMedium and Large 2—525123.00/cwt123.00–123.006461
SteersMedium and Large 2—450129.00/cwt129.00–129.005811
SteersMedium and Large 1-2Value Added—643123.00/cwt123.00–123.0079110
SteersMedium and Large 1Value Added—807121.00/cwt121.00–121.0097663
SteersMedium and Large 1—582124.99/cwt123.00–127.007273
BullsMedium and Large 3—525109.49/cwt109.00–110.005752
BullsMedium and Large 3—258144.97/cwt142.00–148.003742
BullsMedium and Large 3—480112.00/cwt112.00–112.005381
BullsMedium and Large 2—427131.71/cwt124.00–137.0056214
BullsMedium and Large 2—525119.12/cwt117.00–120.006258
BullsMedium and Large 2—469123.63/cwt119.00–127.005807
BullsMedium and Large 2—333152.73/cwt151.00–155.005094
BullsMedium and Large 2—373143.89/cwt140.00–148.005373
BullsMedium and Large 2—795100.00/cwt100.00–100.007951
BullsMedium and Large 2—730102.00/cwt102.00–102.007451
BullsMedium and Large 2—265154.00/cwt154.00–154.004081
BullsMedium and Large 1-2—483127.00/cwt127.00–127.006139
BullsMedium and Large 1—463133.30/cwt128.00–139.006178
BullsMedium and Large 1—376153.14/cwt150.00–158.005767
BullsMedium and Large 1—323165.35/cwt158.00–172.005346
BullsMedium and Large 1—621117.58/cwt116.00–120.007305
BullsMedium and Large 1—679108.47/cwt105.00–111.007374
BullsMedium and Large 1—569118.74/cwt115.00–121.006764

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.