Name: Meridian Livestock Auction livestock auction prices — 2019-10-21
Creator: RaisedBeef
Published: 2019-10-21

Reporter comment USDA

As filed

As compared to last weeks slaughter market bulls and cows were steady today. Feeder calf market looked much better today feeder steers and heifers were 5 to ten higher across the board. Had some groups of weaned steers avrg. wt. 581 lbs. @ $1.33 per lb, 455lbs @ $1.40 per lb, 531 lb steers @ $ 1.43 and 527 lbs @ $ 1.40, heifers average wt. 534 lbs @ $ 1.13, 427 lbs. @ $ 1.1925 black hided.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $137.07/cwt on 157 head.

Average price

$137.07

157 head · 461 lb average

Value per head Derived

$632

Price × average weight ÷ 100

Grade differential Derived

$77

per head · Medium and Large 1 over Medium and Large 3

$24.62/cwt at this weight

vs the market

+5.52

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	445	144.59	643	72
Medium and Large 1-2	539	132.50	714	28
Medium and Large 2	441	130.36	575	54
Medium and Large 3	472	119.97	566	3thin

One grade step is worth $24.62/cwt here — about $77 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 sale157 hd

137.07

—

MS average13 barns · 886 hd

131.55

+5.52

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	1,536	72.83	1,119	13
Cows	Boner 80-85%	High	1,174	47.11	553	17
Cows	Lean 85-90%	Low	1,034	36.47	377	19

Every lot, as filed

73 lots · USDA AMS · Meridian Stockyard - Meridian, 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
Cows	Boner 80-85%	—	1,233	49.36/cwt	46.50–55.00	609	6
Bulls	Medium and Large 3	—	805	94.00/cwt	94.00–94.00	757	1
Bulls	Medium and Large 3	—	578	105.27/cwt	99.00–110.00	608	5
Bulls	Medium and Large 3	—	427	120.32/cwt	114.00–129.00	514	9
Bulls	Medium and Large 3	—	770	99.00/cwt	99.00–99.00	762	1
Bulls	Medium and Large 3	—	665	105.99/cwt	103.00–110.00	705	4
Bulls	Medium and Large 3	—	466	122.15/cwt	120.00–125.00	569	7
Bulls	—	—	1,584	76.48/cwt	74.00–80.00	1,211	7
Bulls	Medium and Large 2	—	425	124.00/cwt	123.00–125.00	527	2
Bulls	Medium and Large 3	—	713	106.01/cwt	105.00–107.00	756	2
Bulls	Medium and Large 3	—	521	115.94/cwt	109.00–122.00	604	6
Bulls	Medium and Large 3	—	611	106.82/cwt	100.00–115.00	653	9
Cows	Lean 85-90%	—	939	27.29/cwt	22.50–32.00	256	5
Cows	Boner 80-85%	—	1,142	45.89/cwt	44.00–50.00	524	11
Cows	Lean 85-90%	—	1,068	39.75/cwt	35.00–43.00	425	14
Steers	Medium and Large 1	—	1,005	110.00/cwt	110.00–110.00	1,106	1
Steers	Medium and Large 1	—	630	123.54/cwt	122.00–125.00	778	2
Steers	Medium and Large 1	—	780	116.32/cwt	115.00–119.00	907	3
Steers	Medium and Large 1	—	318	153.34/cwt	145.00–160.00	488	13
Steers	Medium and Large 1-2	—	455	138.00/cwt	138.00–138.00	628	6
Steers	Medium and Large 2	—	235	139.00/cwt	139.00–139.00	327	1
Steers	Medium and Large 2	—	790	116.00/cwt	116.00–116.00	916	1
Steers	Medium and Large 2	—	371	142.86/cwt	130.00–150.00	530	6
Steers	Medium and Large 2	—	569	118.00/cwt	114.00–124.00	671	6
Steers	Medium and Large 1	—	245	160.00/cwt	160.00–160.00	392	2
Steers	Medium and Large 1	—	947	112.00/cwt	112.00–112.00	1,061	2
Steers	Medium and Large 1	—	510	128.20/cwt	128.00–129.00	654	5
Steers	Medium and Large 1	—	413	149.82/cwt	133.00–160.00	619	14
Steers	Medium and Large 1-2	—	529	141.51/cwt	140.00–143.00	749	8
Steers	Medium and Large 2	—	690	120.00/cwt	120.00–120.00	828	1
Steers	Medium and Large 2	—	292	144.20/cwt	139.00–150.00	421	5
Steers	Medium and Large 2	—	475	126.35/cwt	120.00–136.00	600	6
Steers	Medium and Large 2	—	413	128.91/cwt	123.00–146.00	532	16
Heifers	Medium and Large 2	—	329	120.00/cwt	116.00–123.00	395	4
Heifers	Medium and Large 2	—	376	117.20/cwt	112.00–122.00	441	10
Heifers	Medium and Large 2	—	523	107.39/cwt	100.00–112.00	562	13
Heifers	Medium and Large 3	—	435	100.00/cwt	100.00–100.00	435	1
Heifers	Medium and Large 1	—	535	114.00/cwt	114.00–114.00	610	1
Heifers	Medium and Large 1	—	365	129.19/cwt	124.00–134.00	472	15
Heifers	Medium and Large 2	—	760	106.03/cwt	102.00–110.00	806	2
Heifers	Medium and Large 2	—	805	98.67/cwt	94.00–101.00	794	3
Heifers	Medium and Large 2	—	468	109.49/cwt	102.00–114.00	512	8
Heifers	Medium and Large 2	—	579	102.16/cwt	97.00–110.00	592	12
Heifers	Medium and Large 3	—	390	100.00/cwt	100.00–100.00	390	1
Heifers	Medium and Large 3	—	476	101.49/cwt	100.00–103.00	483	6
Heifers	Medium and Large 1	—	495	117.00/cwt	117.00–117.00	579	1
Heifers	Medium and Large 1	—	429	118.60/cwt	118.00–119.00	509	5
Heifers	Medium and Large 1-2	—	534	113.00/cwt	113.00–113.00	603	17
Heifers	Medium and Large 2	—	710	102.96/cwt	99.00–105.00	731	3
Heifers	Medium and Large 1	—	330	127.92/cwt	123.00–131.00	422	4
Heifers	Medium and Large 1-2	—	427	119.25/cwt	119.25–119.25	509	14
Heifers	Medium and Large 2	—	290	123.29/cwt	120.00–126.00	358	3
Heifers	Medium and Large 2	—	662	101.82/cwt	100.00–106.00	674	5
Heifers	Medium and Large 2	—	422	112.56/cwt	105.00–120.00	475	12
Heifers	Medium and Large 3	—	310	111.00/cwt	111.00–111.00	344	1
Bulls	—	—	1,480	68.58/cwt	65.50–73.50	1,015	6
Cow-Calf Pairs	Medium and Large 2	—	1,170	1,000.00/cwt	1,000.00–1,000.00	11,700	2
Heifers	Medium and Large 3	—	525	100.00/cwt	100.00–100.00	525	1
Steers	Medium and Large 1	—	825	119.00/cwt	119.00–119.00	982	1
Steers	Medium and Large 1	—	597	135.00/cwt	135.00–135.00	806	2
Steers	Medium and Large 1	—	277	155.34/cwt	154.00–157.00	430	3
Steers	Medium and Large 1	—	480	132.31/cwt	130.00–133.00	635	7
Steers	Medium and Large 1	—	374	155.73/cwt	147.00–163.00	582	17
Steers	Medium and Large 1-2	—	581	125.00/cwt	125.00–125.00	726	14
Steers	Medium and Large 2	—	725	113.50/cwt	113.50–113.50	823	1
Steers	Medium and Large 2	—	331	144.10/cwt	135.00–150.00	477	5
Steers	Medium and Large 2	—	531	120.62/cwt	117.00–124.00	640	6
Steers	Medium and Large 3	—	472	119.97/cwt	116.00–124.00	566	3
Bred Cows	Medium and Large 2	—	1,160	665.00/cwt	665.00–665.00	7,714	1
Bred Cows	Medium and Large 2	—	1,048	836.34/cwt	825.00–850.00	8,765	2
Bred Cows	Medium and Large 2	—	1,335	610.00/cwt	610.00–610.00	8,144	1
Bred Cows	Medium and Large 2	—	968	806.03/cwt	750.00–855.00	7,802	3
Bred Cows	Medium and Large 2	—	1,088	731.06/cwt	710.00–750.00	7,954	2

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 →

Meridian Stockyard - Meridian, MS

Mon Oct 21, 2019

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

Feeder CattleReceipts 504Last week 489Year ago 0

Slaughter CattleReceipts 64Last week 80Year ago 0

Replacement CattleReceipts 79Last week 30Year ago 0

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
6	—	1,233	46.50–55.00	49.36
11	—	1,142	44.00–50.00	45.89
Cows — Lean 85-90%$ per cwt · actual wt
5	—	939	22.50–32.00	27.29
14	—	1,068	35.00–43.00	39.75
Bulls$ per cwt · actual wt
7	—	1,584	74.00–80.00	76.48
6	—	1,480	65.50–73.50	68.58

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	805	94.00	94.00
5	—	578	99.00–110.00	105.27
9	—	427	114.00–129.00	120.32
1	—	770	99.00	99.00
4	—	665	103.00–110.00	105.99
7	—	466	120.00–125.00	122.15
2	—	713	105.00–107.00	106.01
6	—	521	109.00–122.00	115.94
9	—	611	100.00–115.00	106.82
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	425	123.00–125.00	124.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	1,005	110.00	110.00
2	—	630	122.00–125.00	123.54
3	—	780	115.00–119.00	116.32
13	—	318	145.00–160.00	153.34
2	—	245	160.00	160.00
2	—	947	112.00	112.00
5	—	510	128.00–129.00	128.20
14	—	413	133.00–160.00	149.82
1	—	825	119.00	119.00
2	—	597	135.00	135.00
3	—	277	154.00–157.00	155.34
7	—	480	130.00–133.00	132.31
17	—	374	147.00–163.00	155.73
Steers — Medium and Large 1-2$ per cwt · actual wt
6	—	455	138.00	138.00
8	—	529	140.00–143.00	141.51
14	—	581	125.00	125.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	235	139.00	139.00
1	—	790	116.00	116.00
6	—	371	130.00–150.00	142.86
6	—	569	114.00–124.00	118.00
1	—	690	120.00	120.00
5	—	292	139.00–150.00	144.20
6	—	475	120.00–136.00	126.35
16	—	413	123.00–146.00	128.91
1	—	725	113.50	113.50
5	—	331	135.00–150.00	144.10
6	—	531	117.00–124.00	120.62
Steers — Medium and Large 3$ per cwt · actual wt
3	—	472	116.00–124.00	119.97
Heifers — Medium and Large 2$ per cwt · actual wt
4	—	329	116.00–123.00	120.00
10	—	376	112.00–122.00	117.20
13	—	523	100.00–112.00	107.39
2	—	760	102.00–110.00	106.03
3	—	805	94.00–101.00	98.67
8	—	468	102.00–114.00	109.49
12	—	579	97.00–110.00	102.16
3	—	710	99.00–105.00	102.96
3	—	290	120.00–126.00	123.29
5	—	662	100.00–106.00	101.82
12	—	422	105.00–120.00	112.56
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	435	100.00	100.00
1	—	390	100.00	100.00
6	—	476	100.00–103.00	101.49
1	—	310	111.00	111.00
1	—	525	100.00	100.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	535	114.00	114.00
15	—	365	124.00–134.00	129.19
1	—	495	117.00	117.00
5	—	429	118.00–119.00	118.60
4	—	330	123.00–131.00	127.92
Heifers — Medium and Large 1-2$ per cwt · actual wt
17	—	534	113.00	113.00
14	—	427	119.25	119.25

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	1,170	1,000.00	1,000.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,160	665.00	665.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,048	825.00–850.00	836.34
Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	1	—	1,335	610.00	610.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	3	—	968	750.00–855.00	806.03
Young (2-4 yrs)	3rd Stage (7-9 mo)	2	—	1,088	710.00–750.00	731.06

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

Meridian Livestock Auction

Reporter comment USDA

Steers · summary 0–100 lb

What quality paid 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Every lot, as filed

How this sale compares

Meridian Stockyard - Meridian, MS

Slaughter Cattle

Feeder Cattle

Replacement Cattle