Sale reports / Mississippi / Lipscomb Brother's Livestock Auction / 2020-06-24

Lipscomb Brother's Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Como, Mississippi · Wed, Jun 24
● Final60 lots reportedUSDA AMS · slug 2126
Feeder Cattle receipts
177 head
122 vs last sale 299 177 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
53 head
52 vs last sale 105 53 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
2 head
20 vs last sale 22 2 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

*Special note: THERE WILL BE NO SALE NEXT WEEK 7-1-20. The week of 7-8-20 in addition to the regular sale there will be a completer herd dispersal of 25 4 to 5 year old black cows with 5 calves at side.*

Compared to last week: Feeder steers sold steady, feeder heifers sold 1.00 to 4.00 lower. Feeder bulls under 400 lb. sold steady and feeder bulls over 400 lb. sold 3.00 to 5.00 higher. Slaughter cows sold 1.00 to 4.00 higher and slaughter bulls sold steady. Demand was moderate and quality was mostly plain.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $124.42/cwt on 59 head. That ranks 1 of 2 comparable sales and sits 87.10 against this barn's trailing median of $211.53.
Average price
$124.42
59 head · 500 lb average
Value per head Derived
$623
Price × average weight ÷ 100
Grade differential Derived
$67
per head · Medium and Large 1 over Medium and Large 2
$4.86/cwt at this weight
vs the market
+5.01
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1528127.1867225
Medium and Large 3369122.894534thin
Medium and Large 2495122.3260530
One grade step is worth $4.86/cwt here — about $67 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 sale59 hd
124.42
MS average13 barns · 554 hd
119.42
+5.01
This barn, trailing median2 sales
211.53
−87.10
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
BullsAverage1,70499.981,7047thin
CowsBoner 80-85%Average1,13665.2574228
CowsLean 85-90%Average1,00556.1056412

Every lot, as filed

60 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 2638103.51/cwt101.00–106.006602
BullsMedium and Large 2423131.95/cwt131.00–133.005582
BullsMedium and Large 287096.00/cwt96.00–96.008351
BullsMedium and Large 2665102.00/cwt102.00–102.006781
BullsMedium and Large 2570115.00/cwt115.00–115.006561
BullsMedium and Large 2325140.00/cwt140.00–140.004551
BullsMedium and Large 1532125.14/cwt121.00–131.006666
BullsMedium and Large 1383141.96/cwt137.00–146.005445
BullsMedium and Large 1618116.50/cwt111.00–119.007204
BullsMedium and Large 1571125.77/cwt123.00–130.007184
BullsMedium and Large 1473132.96/cwt131.00–136.006293
BullsMedium and Large 1810105.00/cwt105.00–105.008511
BullsMedium and Large 1710108.00/cwt108.00–108.007671
BullsMedium and Large 1410138.00/cwt138.00–138.005661
SteersMedium and Large 1563130.01/cwt128.00–133.007323
SteersMedium and Large 1508131.95/cwt129.00–138.006703
HeifersMedium and Large 1363128.81/cwt125.00–132.004686
HeifersMedium and Large 1577113.35/cwt111.00–115.006543
HeifersMedium and Large 1422125.27/cwt122.00–128.005293
HeifersMedium and Large 1610114.00/cwt109.00–119.006952
HeifersMedium and Large 1325130.39/cwt127.00–134.004242
HeifersMedium and Large 1665105.00/cwt105.00–105.006981
HeifersMedium and Large 1460116.00/cwt116.00–116.005341
HeifersMedium and Large 1285140.00/cwt140.00–140.003991
BullsMedium and Large 3278127.78/cwt120.00–136.003552
BullsMedium and Large 3480116.00/cwt116.00–116.005571
BullsMedium and Large 3440120.00/cwt120.00–120.005281
BullsMedium and Large 2469123.32/cwt120.00–129.005789
BullsMedium and Large 2526115.76/cwt113.00–119.006094
BullsMedium and Large 2373135.52/cwt132.00–139.005054
BullsMedium and Large 2277148.19/cwt142.00–153.004103
BullsMedium and Large 282093.10/cwt85.00–101.007632
SteersMedium and Large 1683118.00/cwt118.00–118.008062
SteersMedium and Large 1420140.90/cwt139.00–143.005922
SteersMedium and Large 1740110.00/cwt110.00–110.008141
SteersMedium and Large 1360141.00/cwt141.00–141.005081
HeifersMedium and Large 359090.00/cwt90.00–90.005311
HeifersMedium and Large 3490112.00/cwt112.00–112.005491
HeifersMedium and Large 3350110.00/cwt110.00–110.003851
HeifersMedium and Large 2559105.28/cwt100.00–108.005894
HeifersMedium and Large 2533107.00/cwt103.00–112.005703
HeifersMedium and Large 2488108.64/cwt105.00–111.005303
HeifersMedium and Large 2380117.98/cwt114.00–122.004483
HeifersMedium and Large 2323121.53/cwt120.00–123.003932
HeifersMedium and Large 277591.00/cwt91.00–91.007051
HeifersMedium and Large 2635100.00/cwt100.00–100.006351
CowsLean 85-90%1,00556.10/cwt52.00–59.0056412
CowsBoner 80-85%1,13264.32/cwt60.00–70.0072825
CowsBoner 80-85%1,17373.03/cwt72.00–74.008573
BullsLight Weight1,38099.00/cwt99.00–99.001,3661
Bulls1,758100.14/cwt96.00–105.001,7606
Bred CowsMedium and Large 11,2351,060.00/cwt1,060.00–1,060.0013,0911
Bred CowsMedium and Large 11,110800.00/cwt800.00–800.008,8801
SteersMedium and Large 3390125.00/cwt125.00–125.004881
SteersMedium and Large 2371135.02/cwt130.00–138.005014
SteersMedium and Large 2510126.00/cwt126.00–126.006431
SteersMedium and Large 2425129.00/cwt129.00–129.005481
SteersMedium and Large 2325131.00/cwt131.00–131.004261
HeifersMedium and Large 2435117.00/cwt117.00–117.005091
HeifersMedium and Large 1517116.42/cwt114.00–118.006026

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.