Sale reports / Mississippi / Lipscomb Brother's Livestock Auction / 2024-01-24

Lipscomb Brother's Livestock Auction

Feeder Cattle · Slaughter Cattle · Como, Mississippi · Wed, Jan 24
● Final35 lots reportedUSDA AMS · slug 2126
Feeder Cattle receipts
65 head
416 vs last sale 481 54 vs year ago 119 · 45.4%
Slaughter Cattle receipts
33 head
76 vs last sale 109 24 vs year ago 9 · +266.7%
View

Reporter comment USDA

As filed

Compared two weeks ago: Feeder steers sold 13.00 to 14.00 higher, feeder heifers sold 3.00 to 13.00 higher, and feeder bulls sold 17.00 to 25.00 higher. Slaughter cows and bulls sold 8.00 to 9.00 higher. quality was plain to average and demand was good.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $237.32/cwt on 18 head.
Average price
$237.32
18 head · 409 lb average
Value per head Derived
$971
Price × average weight ÷ 100
Grade differential Derived
$148
per head · Medium and Large 1 over Medium and Large 3
$73.62/cwt at this weight
vs the market
2.89
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1401249.621,00211thin
Medium and Large 2396234.789305thin
Medium and Large 3485176.008542thin
One grade step is worth $73.62/cwt here — about $148 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 sale18 hd
237.32
MS average13 barns · 1,430 hd
240.21
−2.89
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
BullsAverage1,783115.002,0502thin
CowsBoner 80-85%Average1,180106.021,2516thin
CowsLean 85-90%Average98291.779013thin

Every lot, as filed

35 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 1475262.00/cwt262.00–262.001,2451
BullsMedium and Large 1335275.50/cwt275.00–276.009232
BullsMedium and Large 1420286.89/cwt284.00–290.001,2052
BullsMedium and Large 1510260.00/cwt260.00–260.001,3261
BullsMedium and Large 1288327.23/cwt318.00–336.009422
BullsMedium and Large 3600170.00/cwt170.00–170.001,0201
SteersMedium and Large 1410280.00/cwt280.00–280.001,1481
SteersMedium and Large 2355276.00/cwt276.00–276.009801
SteersMedium and Large 1555258.00/cwt258.00–258.001,4321
SteersMedium and Large 2545208.00/cwt208.00–208.001,1341
SteersMedium and Large 2560211.00/cwt211.00–211.001,1821
HeifersMedium and Large 3260202.00/cwt202.00–202.005251
HeifersMedium and Large 3710150.00/cwt150.00–150.001,0651
HeifersMedium and Large 2575220.00/cwt220.00–220.001,2651
HeifersMedium and Large 2265250.00/cwt250.00–250.006631
HeifersMedium and Large 2420232.96/cwt230.00–236.009782
HeifersMedium and Large 1420249.64/cwt240.00–260.001,0482
HeifersMedium and Large 1450248.00/cwt248.00–248.001,1161
HeifersMedium and Large 1560224.00/cwt224.00–224.001,2541
HeifersMedium and Large 1375257.95/cwt256.00–260.009672
HeifersMedium and Large 1326257.66/cwt250.00–270.008404
HeifersMedium and Large 1510228.00/cwt228.00–228.001,1631
HeifersMedium and Large 2300238.00/cwt238.00–238.007141
BullsMedium and Large 2410232.50/cwt232.50–232.509531
BullsMedium and Large 2215272.00/cwt272.00–272.005851
BullsMedium and Large 1378310.07/cwt300.00–320.001,1722
BullsMedium and Large 2395247.50/cwt247.50–247.509781
BullsMedium and Large 1585240.00/cwt240.00–240.001,4041
BullsMedium and Large 2345270.00/cwt270.00–270.009321
BullsMedium and Large 3345200.00/cwt200.00–200.006901
Bulls1,640100.00/cwt100.00–100.001,6401
Bulls1,925130.00/cwt130.00–130.002,5031
CowsBoner 80-85%1,083102.06/cwt98.00–107.001,1054
CowsBoner 80-85%1,375113.94/cwt113.00–115.001,5672
CowsLean 85-90%98291.77/cwt89.00–94.009013

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.