Name: Meridian Livestock Auction livestock auction prices — 2019-11-04
Creator: RaisedBeef
Published: 2019-11-04

Reporter comment USDA

As filed

Compared to last week: feeder steers and heifers were steady. Slaughter cows and bulls were steady. Weaned steers in groups 505 lbs brght. $ 1.3950 per lb. 635 lb steers @ $1.3175, 500 lbs @ $ 1.4425, 408 lb @ $ 1.55, 570 lb @ $ 1.38, all black hided. Heifers avrg. wt. 434 lbs @ $ 1.25, 490 lbs @ $ 1.18, 443 lbs @ $ 1.20.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $134.74/cwt on 122 head.

Average price

$134.74

122 head · 465 lb average

Value per head Derived

$627

Price × average weight ÷ 100

Grade differential Derived

$225

per head · Medium and Large 1-2 over Medium and Large 3

$18.41/cwt at this weight

vs the market

+1.97

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	515	141.83	731	42
Medium and Large 1	483	136.16	658	25
Medium and Large 2	423	130.85	553	39
Medium and Large 3	410	123.42	506	16thin

One grade step is worth $18.41/cwt here — about $225 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 sale122 hd

134.74

—

MS average13 barns · 1,292 hd

132.77

+1.97

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	—	High	1,449	73.60	1,066	6thin
Cows	Boner 80-85%	Low	1,262	48.05	606	29
Cows	Lean 85-90%	Low	980	38.87	381	14

Every lot, as filed

72 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	Lean 85-90%Light Weight	—	795	31.50/cwt	31.50–31.50	250	1
Cows	Lean 85-90%	—	875	29.00/cwt	29.00–29.00	254	1
Cows	Boner 80-85%	—	1,249	43.65/cwt	41.50–44.50	545	5
Bulls	Medium and Large 3	—	474	121.96/cwt	117.00–129.00	578	9
Bulls	Medium and Large 3	—	628	103.67/cwt	102.00–105.00	651	3
Bulls	Medium and Large 3	—	430	121.03/cwt	117.00–130.00	520	3
Bulls	—	—	1,768	81.28/cwt	80.50–82.00	1,437	2
Bulls	—	—	1,289	69.76/cwt	67.00–72.50	899	4
Bulls	Medium and Large 3	—	385	130.00/cwt	130.00–130.00	501	1
Bulls	Medium and Large 3	—	510	113.00/cwt	113.00–113.00	576	1
Bulls	Medium and Large 3	—	565	107.00/cwt	107.00–107.00	605	1
Bulls	Medium and Large 3	—	700	98.00/cwt	98.00–98.00	686	1
Steers	Medium and Large 1	—	408	138.66/cwt	133.00–145.00	566	3
Cow-Calf Pairs	Medium and Large 2	—	1,040	900.00/cwt	900.00–900.00	9,360	2
Bred Cows	Medium and Large 2	—	1,292	825.83/cwt	600.00–910.00	10,670	5
Bred Cows	Medium and Large 2	—	1,123	844.90/cwt	840.00–850.00	9,488	2
Bred Cows	Medium and Large 2	—	1,110	812.64/cwt	800.00–830.00	9,020	2
Steers	Medium and Large 1-2	—	570	138.00/cwt	138.00–138.00	787	6
Steers	Medium and Large 1-2	—	408	155.00/cwt	155.00–155.00	632	7
Steers	Medium and Large 1	—	458	140.95/cwt	138.00–144.00	646	2
Steers	Medium and Large 1	—	525	128.47/cwt	127.00–130.00	674	2
Steers	Medium and Large 1	—	630	121.56/cwt	119.00–124.00	766	2
Steers	Medium and Large 1	—	725	118.50/cwt	118.00–119.00	859	2
Steers	Medium and Large 2	—	271	142.83/cwt	138.00–149.00	387	5
Steers	Medium and Large 2	—	578	115.11/cwt	110.00–120.00	665	5
Steers	Medium and Large 1	—	380	151.30/cwt	150.00–155.00	575	4
Steers	Medium and Large 1	—	668	119.52/cwt	118.00–121.00	798	4
Steers	Medium and Large 1	—	330	147.64/cwt	144.00–150.00	487	6
Steers	Medium and Large 1-2	—	473	142.00/cwt	142.00–142.00	672	4
Steers	Medium and Large 3	—	440	120.00/cwt	120.00–120.00	528	1
Steers	Medium and Large 3	—	313	128.00/cwt	128.00–128.00	401	2
Steers	Medium and Large 1-2	—	635	132.00/cwt	132.00–132.00	838	7
Steers	Medium and Large 1-2	—	502	141.77/cwt	139.00–144.00	712	18
Steers	Medium and Large 2	—	321	140.46/cwt	139.00–143.00	451	4
Steers	Medium and Large 2	—	418	131.22/cwt	129.00–134.00	548	4
Steers	Medium and Large 3	—	474	117.01/cwt	115.00–120.00	555	4
Steers	Medium and Large 3	—	370	128.27/cwt	125.00–136.00	475	6
Steers	Medium and Large 2	—	462	127.66/cwt	123.00–130.00	590	6
Steers	Medium and Large 2	—	523	121.59/cwt	117.00–128.00	636	6
Steers	Medium and Large 2	—	376	136.80/cwt	131.00–141.00	514	9
Steers	Medium and Large 3	—	250	131.00/cwt	131.00–131.00	328	1
Heifers	Medium and Large 1-2	—	439	122.20/cwt	120.00–125.00	536	18
Heifers	Medium and Large 2	—	230	126.00/cwt	126.00–126.00	290	1
Heifers	Medium and Large 2	—	660	98.00/cwt	98.00–98.00	647	1
Heifers	Medium and Large 2	—	770	99.00/cwt	99.00–99.00	762	1
Heifers	Medium and Large 2	—	620	98.02/cwt	96.00–100.00	608	2
Steers	Medium and Large 3	—	565	115.00/cwt	115.00–115.00	650	2
Heifers	Medium and Large 2	—	428	108.97/cwt	106.00–110.00	466	6
Heifers	Medium and Large 2	—	578	104.35/cwt	100.00–108.00	603	6
Heifers	Medium and Large 2	—	322	114.89/cwt	110.00–120.00	370	9
Heifers	Medium and Large 2	—	477	107.84/cwt	103.00–113.00	514	11
Heifers	Medium and Large 2	—	374	112.06/cwt	106.00–117.00	419	13
Heifers	Medium and Large 1-2	—	490	118.00/cwt	118.00–118.00	578	12
Heifers	Medium and Large 3	—	475	102.00/cwt	102.00–102.00	485	1
Heifers	Medium and Large 3	—	505	95.00/cwt	95.00–95.00	480	1
Heifers	Medium and Large 3	—	550	92.00/cwt	92.00–92.00	506	1
Heifers	Medium and Large 3	—	370	107.95/cwt	107.00–109.00	399	2
Heifers	Medium and Large 3	—	415	101.02/cwt	100.00–102.00	419	2
Heifers	Medium and Large 2	—	524	106.01/cwt	104.00–109.00	555	5
Heifers	Medium and Large 1	—	520	113.03/cwt	110.00–115.00	588	3
Heifers	Medium and Large 1	—	608	111.34/cwt	110.00–112.00	677	3
Heifers	Medium and Large 1	—	476	113.27/cwt	112.00–115.00	539	4
Heifers	Medium and Large 1-2	—	590	113.00/cwt	113.00–113.00	667	5
Heifers	Medium and Large 3	—	281	111.76/cwt	108.00–115.00	314	5
Heifers	Medium and Large 3	—	230	113.00/cwt	113.00–113.00	260	1
Cows	Lean 85-90%	—	944	35.69/cwt	32.50–38.50	337	4
Cows	Lean 85-90%	—	1,035	42.62/cwt	39.00–45.50	441	8
Cows	Boner 80-85%	—	1,368	52.71/cwt	52.00–54.00	721	5
Cows	Boner 80-85%	—	1,237	47.98/cwt	45.50–51.00	594	19
Heifers	Medium and Large 1	—	370	118.00/cwt	118.00–118.00	437	1
Heifers	Medium and Large 1	—	408	115.64/cwt	113.00–119.00	472	3
Bulls	Medium and Large 3	—	663	103.48/cwt	102.00–105.00	686	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 Nov 4, 2019

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

Feeder CattleReceipts 359Last week 376Year ago 0

Slaughter CattleReceipts 61Last week 13Year ago 0

Replacement CattleReceipts 48Last week 23Year ago 0

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
1	—	795	31.50	31.50
Cows — Lean 85-90%$ per cwt · actual wt
1	—	875	29.00	29.00
4	—	944	32.50–38.50	35.69
8	—	1,035	39.00–45.50	42.62
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,249	41.50–44.50	43.65
5	—	1,368	52.00–54.00	52.71
19	—	1,237	45.50–51.00	47.98
Bulls$ per cwt · actual wt
2	—	1,768	80.50–82.00	81.28
4	—	1,289	67.00–72.50	69.76

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
9	—	474	117.00–129.00	121.96
3	—	628	102.00–105.00	103.67
3	—	430	117.00–130.00	121.03
1	—	385	130.00	130.00
1	—	510	113.00	113.00
1	—	565	107.00	107.00
1	—	700	98.00	98.00
2	—	663	102.00–105.00	103.48
Steers — Medium and Large 1$ per cwt · actual wt
3	—	408	133.00–145.00	138.66
2	—	458	138.00–144.00	140.95
2	—	525	127.00–130.00	128.47
2	—	630	119.00–124.00	121.56
2	—	725	118.00–119.00	118.50
4	—	380	150.00–155.00	151.30
4	—	668	118.00–121.00	119.52
6	—	330	144.00–150.00	147.64
Steers — Medium and Large 1-2$ per cwt · actual wt
6	—	570	138.00	138.00
7	—	408	155.00	155.00
4	—	473	142.00	142.00
7	—	635	132.00	132.00
18	—	502	139.00–144.00	141.77
Steers — Medium and Large 2$ per cwt · actual wt
5	—	271	138.00–149.00	142.83
5	—	578	110.00–120.00	115.11
4	—	321	139.00–143.00	140.46
4	—	418	129.00–134.00	131.22
6	—	462	123.00–130.00	127.66
6	—	523	117.00–128.00	121.59
9	—	376	131.00–141.00	136.80
Steers — Medium and Large 3$ per cwt · actual wt
1	—	440	120.00	120.00
2	—	313	128.00	128.00
4	—	474	115.00–120.00	117.01
6	—	370	125.00–136.00	128.27
1	—	250	131.00	131.00
2	—	565	115.00	115.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
18	—	439	120.00–125.00	122.20
12	—	490	118.00	118.00
5	—	590	113.00	113.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	230	126.00	126.00
1	—	660	98.00	98.00
1	—	770	99.00	99.00
2	—	620	96.00–100.00	98.02
6	—	428	106.00–110.00	108.97
6	—	578	100.00–108.00	104.35
9	—	322	110.00–120.00	114.89
11	—	477	103.00–113.00	107.84
13	—	374	106.00–117.00	112.06
5	—	524	104.00–109.00	106.01
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	475	102.00	102.00
1	—	505	95.00	95.00
1	—	550	92.00	92.00
2	—	370	107.00–109.00	107.95
2	—	415	100.00–102.00	101.02
5	—	281	108.00–115.00	111.76
1	—	230	113.00	113.00
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	520	110.00–115.00	113.03
3	—	608	110.00–112.00	111.34
4	—	476	112.00–115.00	113.27
1	—	370	118.00	118.00
3	—	408	113.00–119.00	115.64

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)	Open	2	—	1,040	900.00	900.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	5	—	1,292	600.00–910.00	825.83
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	1,123	840.00–850.00	844.90
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,110	800.00–830.00	812.64

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