Sale reports / Mississippi / Lipscomb Brother's Livestock Auction / 2021-02-24

Lipscomb Brother's Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Como, Mississippi · Wed, Feb 24
● Final55 lots reportedUSDA AMS · slug 2126
Feeder Cattle receipts
308 head
▲ 308 vs last sale 0▼ 85 vs year ago 393 · −21.6%
Slaughter Cattle receipts
154 head
▲ 154 vs last sale 0▲ 126 vs year ago 28 · +450.0%
Replacement Cattle receipts
2 head
▲ 2 vs last sale 0▼ 2 vs year ago 4 · −50.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: there was not enough comparable data to call an accurate trend on feeder steers, feeder heifers sold 1.00 to 6.00 higher, and feeder bulls sold 2.00 to 6.00 higher. Slaughter cows sold 1.00 to 3.00 higher and slaughter bulls sold 8.00 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $131.34/cwt on 189 head.
Average price
$131.34
189 head · 767 lb average
Value per head Derived
$1,008
Price × average weight ÷ 100
Grade differential Derived
−$19
per head · Medium and Large 2 over Medium and Large 3
$15.83/cwt at this weight
vs the market
−12.44
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2428135.835817thin
Medium and Large 1534132.537086thin
Medium and Large 1-2794131.311,042173
Medium and Large 3500120.006003thin
One grade step is worth $15.83/cwt here — about −$19 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 sale189 hd
131.34
—
MS average11 barns · 779 hd
143.78
−12.44
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—Average1,99292.601,8453thin
CowsBoner 80-85%Average1,23967.1683232
CowsLean 85-90%Average96148.314645thin

Every lot, as filed

55 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
SteersMedium and Large 1-2Value Added—776132.50/cwt132.50–132.501,02864
HeifersMedium and Large 2—250119.00/cwt119.00–119.002981
HeifersMedium and Large 1—600118.00/cwt118.00–118.007081
HeifersMedium and Large 1—369130.70/cwt128.00–132.004824
BullsMedium and Large 1—568128.52/cwt125.00–132.007302
SteersMedium and Large 2—300152.00/cwt152.00–152.004561
HeifersMedium and Large 1—465121.67/cwt118.00–125.005664
BullsMedium and Large 2—490131.96/cwt128.00–136.006472
BullsMedium and Large 1—463143.70/cwt141.00–146.006653
SteersMedium and Large 1—556128.29/cwt125.00–133.007134
SteersMedium and Large 1—665122.00/cwt122.00–122.008111
BullsMedium and Large 2—416137.09/cwt130.00–141.005704
HeifersMedium and Large 1—540117.50/cwt117.00–118.006352
SteersMedium and Large 1-2Value Added—881125.00/cwt125.00–125.001,10158
Cow-Calf PairsMedium and Large 1—900990.00/cwt990.00–990.008,9101
HeifersMedium and Large 1—735109.00/cwt109.00–109.008011
BullsMedium and Large 1—425151.53/cwt147.00–158.006443
BullsMedium and Large 1—368157.52/cwt155.00–160.005802
SteersMedium and Large 1—315160.00/cwt160.00–160.005041
HeifersMedium and Large 1—417128.30/cwt127.00–130.005353
HeifersMedium and Large 1—328130.00/cwt130.00–130.004262
BullsMedium and Large 1—510138.00/cwt138.00–138.007041
HeifersMedium and Large 1Full—605105.00/cwt105.00–105.006351
CowsBoner 80-85%—1,11362.33/cwt56.00–67.0069415
CowsLean 85-90%—96148.31/cwt45.00–52.004645
CowsBoner 80-85%—1,35071.43/cwt68.00–74.0096417
Bulls——1,99292.60/cwt85.00–101.001,8453
BullsMedium and Large 1—314160.06/cwt156.00–162.005034
BullsMedium and Large 1—263160.00/cwt160.00–160.004212
BullsMedium and Large 1—665102.00/cwt102.00–102.006781
Bred CowsMedium and Large 1—1,055850.00/cwt850.00–850.008,9681
BullsMedium and Large 3—430117.67/cwt110.00–125.005062
SteersMedium and Large 3—305140.00/cwt140.00–140.004271
BullsMedium and Large 2—375143.00/cwt143.00–143.005361
SteersMedium and Large 3—455130.00/cwt130.00–130.005921
HeifersMedium and Large 3—46590.00/cwt90.00–90.004191
BullsMedium and Large 3—515110.00/cwt110.00–110.005671
HeifersMedium and Large 3—355117.00/cwt117.00–117.004151
BullsMedium and Large 3—280130.00/cwt130.00–130.003641
BullsMedium and Large 2—695104.00/cwt104.00–104.007231
SteersMedium and Large 2—213146.89/cwt144.00–150.003132
SteersMedium and Large 2—785105.00/cwt105.00–105.008241
SteersMedium and Large 3—74090.00/cwt90.00–90.006661
HeifersMedium and Large 2—315120.00/cwt120.00–120.003781
HeifersMedium and Large 3—345118.00/cwt118.00–118.004071
SteersMedium and Large 1-2Value Added—717137.00/cwt137.00–137.0098251
SteersMedium and Large 2—480137.00/cwt137.00–137.006581
SteersMedium and Large 2—380146.00/cwt146.00–146.005551
HeifersMedium and Large 3—445107.00/cwt107.00–107.004761
BullsMedium and Large 2—550123.00/cwt123.00–123.006771
BullsMedium and Large 3—215140.00/cwt140.00–140.003012
HeifersMedium and Large 1—555114.49/cwt113.00–116.006352
HeifersMedium and Large 2—410120.00/cwt120.00–120.004921
HeifersMedium and Large 2—350120.00/cwt120.00–120.004201
SteersMedium and Large 2—625117.00/cwt117.00–117.007311

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.