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
Bulls—Average1,70499.981,7047thin
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 2—638103.51/cwt101.00–106.006602
BullsMedium and Large 2—423131.95/cwt131.00–133.005582
BullsMedium and Large 2—87096.00/cwt96.00–96.008351
BullsMedium and Large 2—665102.00/cwt102.00–102.006781
BullsMedium and Large 2—570115.00/cwt115.00–115.006561
BullsMedium and Large 2—325140.00/cwt140.00–140.004551
BullsMedium and Large 1—532125.14/cwt121.00–131.006666
BullsMedium and Large 1—383141.96/cwt137.00–146.005445
BullsMedium and Large 1—618116.50/cwt111.00–119.007204
BullsMedium and Large 1—571125.77/cwt123.00–130.007184
BullsMedium and Large 1—473132.96/cwt131.00–136.006293
BullsMedium and Large 1—810105.00/cwt105.00–105.008511
BullsMedium and Large 1—710108.00/cwt108.00–108.007671
BullsMedium and Large 1—410138.00/cwt138.00–138.005661
SteersMedium and Large 1—563130.01/cwt128.00–133.007323
SteersMedium and Large 1—508131.95/cwt129.00–138.006703
HeifersMedium and Large 1—363128.81/cwt125.00–132.004686
HeifersMedium and Large 1—577113.35/cwt111.00–115.006543
HeifersMedium and Large 1—422125.27/cwt122.00–128.005293
HeifersMedium and Large 1—610114.00/cwt109.00–119.006952
HeifersMedium and Large 1—325130.39/cwt127.00–134.004242
HeifersMedium and Large 1—665105.00/cwt105.00–105.006981
HeifersMedium and Large 1—460116.00/cwt116.00–116.005341
HeifersMedium and Large 1—285140.00/cwt140.00–140.003991
BullsMedium and Large 3—278127.78/cwt120.00–136.003552
BullsMedium and Large 3—480116.00/cwt116.00–116.005571
BullsMedium and Large 3—440120.00/cwt120.00–120.005281
BullsMedium and Large 2—469123.32/cwt120.00–129.005789
BullsMedium and Large 2—526115.76/cwt113.00–119.006094
BullsMedium and Large 2—373135.52/cwt132.00–139.005054
BullsMedium and Large 2—277148.19/cwt142.00–153.004103
BullsMedium and Large 2—82093.10/cwt85.00–101.007632
SteersMedium and Large 1—683118.00/cwt118.00–118.008062
SteersMedium and Large 1—420140.90/cwt139.00–143.005922
SteersMedium and Large 1—740110.00/cwt110.00–110.008141
SteersMedium and Large 1—360141.00/cwt141.00–141.005081
HeifersMedium and Large 3—59090.00/cwt90.00–90.005311
HeifersMedium and Large 3—490112.00/cwt112.00–112.005491
HeifersMedium and Large 3—350110.00/cwt110.00–110.003851
HeifersMedium and Large 2—559105.28/cwt100.00–108.005894
HeifersMedium and Large 2—533107.00/cwt103.00–112.005703
HeifersMedium and Large 2—488108.64/cwt105.00–111.005303
HeifersMedium and Large 2—380117.98/cwt114.00–122.004483
HeifersMedium and Large 2—323121.53/cwt120.00–123.003932
HeifersMedium and Large 2—77591.00/cwt91.00–91.007051
HeifersMedium and Large 2—635100.00/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
Bulls—Light Weight—1,38099.00/cwt99.00–99.001,3661
Bulls——1,758100.14/cwt96.00–105.001,7606
Bred CowsMedium and Large 1—1,2351,060.00/cwt1,060.00–1,060.0013,0911
Bred CowsMedium and Large 1—1,110800.00/cwt800.00–800.008,8801
SteersMedium and Large 3—390125.00/cwt125.00–125.004881
SteersMedium and Large 2—371135.02/cwt130.00–138.005014
SteersMedium and Large 2—510126.00/cwt126.00–126.006431
SteersMedium and Large 2—425129.00/cwt129.00–129.005481
SteersMedium and Large 2—325131.00/cwt131.00–131.004261
HeifersMedium and Large 2—435117.00/cwt117.00–117.005091
HeifersMedium and Large 1—517116.42/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.