Name: Lipscomb Brother's Livestock Auction livestock auction prices — 2020-07-23
Creator: RaisedBeef
Published: 2020-07-23

Reporter comment USDA

As filed

Compared to last week: Feeder steers sold mostly 1.00 to 6.00 higher and feeder bulls and heifers sold mostly steady. Slaughter cows sold steady and slaughter bulls sold steady to 4.00 lower. Quality was average and demand was moderate.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot

0–100 lb bulls averaged $132.89/cwt on 27 head. That ranks 1 of 2 comparable sales and sits −78.64 against this barn's trailing median of $211.53.

Average price

$132.89

27 head · 435 lb average

Value per head Derived

$578

Price × average weight ÷ 100

Grade differential Derived

−$28

per head · Medium and Large 1 over Medium and Large 2

$11.39/cwt at this weight

vs the market

+8.71

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	417	136.26	568	19thin
Medium and Large 2	477	124.87	596	8thin

One grade step is worth $11.39/cwt here — about −$28 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 sale27 hd

132.89

—

MS average13 barns · 608 hd

124.18

+8.71

This barn, trailing median2 sales

211.53

−78.64

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,725	89.91	1,551	2thin
Cows	Boner 80-85%	Average	1,193	59.48	710	3thin
Cows	Lean 85-90%	Average	1,013	49.37	500	3thin

Every lot, as filed

38 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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Bulls	Medium and Large 1	—	228	145.68/cwt	140.00–151.00	332	2
Bulls	Medium and Large 1	—	268	144.51/cwt	143.00–146.00	387	2
Bulls	Medium and Large 1	—	433	140.97/cwt	139.00–143.00	610	2
Bulls	Medium and Large 1	—	568	124.96/cwt	122.00–128.00	710	2
Bulls	Medium and Large 1	—	625	124.94/cwt	121.00–129.00	781	2
Bulls	Medium and Large 1	—	323	140.84/cwt	136.00–144.00	455	3
Bulls	Medium and Large 1	—	370	140.79/cwt	137.00–147.00	521	3
Bulls	Medium and Large 1	—	532	127.32/cwt	125.00–130.00	677	3
Bulls	Medium and Large 2	—	358	130.97/cwt	127.00–135.00	469	2
Bulls	Medium and Large 2	—	413	133.02/cwt	130.00–136.00	549	2
Bulls	Medium and Large 2	—	515	119.53/cwt	116.00–123.00	616	2
Bulls	Medium and Large 2	—	623	115.96/cwt	114.00–118.00	722	2
Heifers	Medium and Large 1	—	265	141.00/cwt	141.00–141.00	374	1
Heifers	Medium and Large 1	—	320	141.00/cwt	141.00–141.00	451	1
Heifers	Medium and Large 1	—	370	134.92/cwt	133.00–137.00	499	2
Heifers	Medium and Large 1	—	423	134.46/cwt	132.00–137.00	569	2
Heifers	Medium and Large 1	—	465	124.09/cwt	120.00–128.00	577	2
Heifers	Medium and Large 1	—	528	122.98/cwt	119.00–127.00	649	2
Heifers	Medium and Large 1	—	678	107.02/cwt	105.00–109.00	726	2
Heifers	Medium and Large 2	—	365	119.56/cwt	115.00–124.00	436	2
Heifers	Medium and Large 2	—	430	121.44/cwt	119.00–124.00	522	2
Heifers	Medium and Large 2	—	473	114.49/cwt	112.00–117.00	542	2
Heifers	Medium and Large 2	—	525	116.47/cwt	115.00–118.00	611	2
Steers	Medium and Large 1	—	375	156.00/cwt	156.00–156.00	585	1
Steers	Medium and Large 1	—	433	142.63/cwt	138.00–147.00	618	2
Steers	Medium and Large 1	—	468	141.57/cwt	137.00–146.00	663	2
Steers	Medium and Large 1	—	530	141.98/cwt	140.00–144.00	752	2
Steers	Medium and Large 1	—	580	135.96/cwt	131.00–141.00	789	2
Steers	Medium and Large 1	—	625	127.93/cwt	125.00–131.00	800	2
Steers	Medium and Large 1	—	680	126.48/cwt	124.00–129.00	860	2
Steers	Medium and Large 2	—	615	123.00/cwt	123.00–123.00	756	1
Steers	Medium and Large 2	—	410	129.55/cwt	125.00–134.00	531	2
Steers	Medium and Large 2	—	470	132.39/cwt	129.00–136.00	622	2
Steers	Medium and Large 2	—	538	127.93/cwt	123.00–133.00	688	2
Steers	Medium and Large 2	—	588	126.99/cwt	124.00–130.00	747	2
Bulls	—	—	1,725	89.91/cwt	87.00–93.00	1,551	2
Cows	Boner 80-85%	—	1,193	59.48/cwt	57.00–61.50	710	3
Cows	Lean 85-90%	—	1,013	49.37/cwt	45.00–53.00	500	3

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.

Mississippi feeder prices, every weight →Every state and region →

Lipscomb Brother's Livestock Market, Inc.- Como, MS

Thu Jul 23, 2020

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 232Last week 148Year ago 0

Slaughter CattleReceipts 21Last week 30Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	228	140.00–151.00	145.68
2	—	268	143.00–146.00	144.51
2	—	433	139.00–143.00	140.97
2	—	568	122.00–128.00	124.96
2	—	625	121.00–129.00	124.94
3	—	323	136.00–144.00	140.84
3	—	370	137.00–147.00	140.79
3	—	532	125.00–130.00	127.32
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	358	127.00–135.00	130.97
2	—	413	130.00–136.00	133.02
2	—	515	116.00–123.00	119.53
2	—	623	114.00–118.00	115.96
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	265	141.00	141.00
1	—	320	141.00	141.00
2	—	370	133.00–137.00	134.92
2	—	423	132.00–137.00	134.46
2	—	465	120.00–128.00	124.09
2	—	528	119.00–127.00	122.98
2	—	678	105.00–109.00	107.02
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	365	115.00–124.00	119.56
2	—	430	119.00–124.00	121.44
2	—	473	112.00–117.00	114.49
2	—	525	115.00–118.00	116.47
Steers — Medium and Large 1$ per cwt · actual wt
1	—	375	156.00	156.00
2	—	433	138.00–147.00	142.63
2	—	468	137.00–146.00	141.57
2	—	530	140.00–144.00	141.98
2	—	580	131.00–141.00	135.96
2	—	625	125.00–131.00	127.93
2	—	680	124.00–129.00	126.48
Steers — Medium and Large 2$ per cwt · actual wt
1	—	615	123.00	123.00
2	—	410	125.00–134.00	129.55
2	—	470	129.00–136.00	132.39
2	—	538	123.00–133.00	127.93
2	—	588	124.00–130.00	126.99

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,725	87.00–93.00	89.91
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,193	57.00–61.50	59.48
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,013	45.00–53.00	49.37

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Lipscomb Brother's Livestock Auction