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

Reporter comment USDA

As filed

As compared to last weeks slaughter market bulls and cows were steady. Feeder calf market this week steers 3 to 5 higher, and heifers were steady. Sold some weaned groups steers 603 lbs @ $ 1.23 per lb, 540 lbs @ $ 1.3975, and 590 lbs @ $ 1.2975. Heifers 560 lbs @ $ 1.1550, 455 lbs @ $ 1.2025.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $114.41/cwt on 103 head.

Average price

$114.41

103 head · 464 lb average

Value per head Derived

$531

Price × average weight ÷ 100

Grade differential Derived

$42

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

$15.71/cwt at this weight

vs the market

+1.63

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	404	122.99	497	23
Medium and Large 1-2	506	117.07	592	15thin
Medium and Large 2	491	111.82	549	50
Medium and Large 3	424	107.27	455	15thin

One grade step is worth $15.71/cwt here — about $42 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 sale103 hd

114.41

—

MS average13 barns · 1,510 hd

112.79

+1.63

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	1,588	69.83	1,109	6thin
Cows	Boner 80-85%	Average	1,209	45.51	550	8thin
Cows	Lean 85-90%	Very Low	995	36.63	365	23

Every lot, as filed

71 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
Heifers	Medium and Large 2	—	303	120.00/cwt	120.00–120.00	364	2
Heifers	Medium and Large 2	—	725	101.00/cwt	101.00–101.00	732	2
Heifers	Medium and Large 2	—	627	102.69/cwt	101.00–105.00	644	3
Heifers	Medium and Large 2	—	660	97.39/cwt	92.00–101.00	643	3
Heifers	Medium and Large 2	—	271	121.50/cwt	120.00–124.00	329	4
Heifers	Medium and Large 2	—	371	118.00/cwt	117.00–120.00	438	5
Heifers	Medium and Large 2	—	560	107.03/cwt	101.00–110.00	599	5
Heifers	Medium and Large 2	—	428	113.68/cwt	106.00–116.00	487	6
Heifers	Medium and Large 2	—	468	115.24/cwt	113.00–118.00	539	8
Heifers	Medium and Large 2	—	522	112.84/cwt	108.00–120.00	589	9
Heifers	Medium and Large 3	—	210	115.00/cwt	115.00–115.00	242	1
Heifers	Medium and Large 3	—	255	113.00/cwt	113.00–113.00	288	1
Heifers	Medium and Large 3	—	530	98.00/cwt	98.00–98.00	519	1
Heifers	Medium and Large 3	—	555	101.00/cwt	101.00–101.00	561	1
Heifers	Medium and Large 3	—	330	102.39/cwt	100.00–105.00	338	2
Heifers	Medium and Large 3	—	437	110.01/cwt	109.00–111.00	481	3
Heifers	Medium and Large 3	—	473	107.88/cwt	105.00–110.00	510	6
Steers	Medium and Large 1	—	283	151.79/cwt	145.00–158.00	430	2
Steers	Medium and Large 1	—	465	141.46/cwt	130.00–148.00	658	4
Steers	Medium and Large 1	—	527	131.58/cwt	130.00–137.00	693	5
Steers	Medium and Large 1	—	332	155.19/cwt	148.00–161.00	515	9
Steers	Medium and Large 1	—	417	149.48/cwt	130.00–159.00	623	9
Steers	Medium and Large 1	—	374	157.19/cwt	150.00–164.00	588	10
Steers	Medium and Large 1-2	—	590	130.00/cwt	130.00–130.00	767	6
Steers	Medium and Large 1-2	—	541	133.13/cwt	128.00–140.00	720	7
Steers	Medium and Large 1-2	—	603	123.00/cwt	123.00–123.00	742	11
Steers	Medium and Large 2	—	510	128.00/cwt	128.00–128.00	653	1
Steers	Medium and Large 2	—	640	110.00/cwt	110.00–110.00	704	1
Steers	Medium and Large 2	—	308	145.51/cwt	145.00–146.00	448	2
Steers	Medium and Large 2	—	423	135.89/cwt	134.00–140.00	575	3
Steers	Medium and Large 2	—	231	146.08/cwt	140.00–150.00	337	4
Steers	Medium and Large 2	—	381	144.96/cwt	138.00–148.00	552	4
Steers	Medium and Large 2	—	267	142.69/cwt	140.00–149.00	381	5
Steers	Medium and Large 2	—	472	132.43/cwt	129.00–140.00	625	7
Steers	Medium and Large 3	—	280	139.00/cwt	139.00–139.00	389	1
Steers	Medium and Large 3	—	310	128.00/cwt	128.00–128.00	397	1
Steers	Medium and Large 3	—	395	130.00/cwt	130.00–130.00	514	1
Steers	Medium and Large 3	—	460	128.00/cwt	128.00–128.00	589	1
Steers	Medium and Large 3	—	238	141.49/cwt	141.00–142.00	337	2
Bred Cows	Medium and Large 2	—	1,298	841.53/cwt	770.00–900.00	10,923	3
Bred Cows	Medium and Large 2	—	1,208	950.19/cwt	920.00–980.00	11,478	2
Bred Cows	Medium and Large 2	—	1,310	730.00/cwt	730.00–730.00	9,563	1
Bred Cows	Medium and Large 2	—	985	744.62/cwt	680.00–810.00	7,335	3
Bulls	Medium and Large 3	—	705	94.00/cwt	94.00–94.00	663	1
Bulls	Medium and Large 3	—	895	90.00/cwt	90.00–90.00	806	1
Bulls	Medium and Large 3	—	630	101.48/cwt	99.00–104.00	639	2
Bulls	Medium and Large 3	—	372	138.94/cwt	137.00–140.00	517	3
Bulls	Medium and Large 3	—	507	117.02/cwt	110.00–121.00	593	3
Bulls	Medium and Large 3	—	580	109.65/cwt	104.00–115.00	636	4
Bulls	Medium and Large 3	—	429	128.03/cwt	115.00–140.00	549	5
Bulls	Medium and Large 3	—	478	127.28/cwt	120.00–135.00	608	7
Heifers	Medium and Large 1	—	635	102.00/cwt	102.00–102.00	648	1
Heifers	Medium and Large 1	—	423	122.06/cwt	120.00–124.00	516	2
Heifers	Medium and Large 1	—	487	120.00/cwt	120.00–120.00	584	2
Heifers	Medium and Large 1	—	523	117.00/cwt	117.00–117.00	612	3
Heifers	Medium and Large 1	—	328	125.51/cwt	124.00–128.00	412	6
Heifers	Medium and Large 1	—	366	126.50/cwt	120.00–131.00	463	9
Heifers	Medium and Large 1-2	—	560	115.00/cwt	115.00–115.00	644	4
Heifers	Medium and Large 1-2	—	455	120.00/cwt	120.00–120.00	546	5
Heifers	Medium and Large 1-2	—	512	116.00/cwt	116.00–116.00	594	6
Bulls	—	—	1,930	75.50/cwt	75.50–75.50	1,457	1
Bulls	—	—	1,519	68.70/cwt	67.25–71.00	1,044	5
Cows	Boner 80-85%	—	1,132	46.01/cwt	45.00–48.00	521	6
Cows	Boner 80-85%	—	1,438	44.00/cwt	44.00–44.00	633	2
Cows	Lean 85-90%	—	890	27.00/cwt	27.00–27.00	240	1
Cows	Lean 85-90%Light Weight	—	765	29.83/cwt	28.50–31.00	228	2
Cows	Lean 85-90%	—	925	32.66/cwt	29.50–35.00	302	4
Cows	Lean 85-90%	—	1,048	39.08/cwt	36.50–43.50	410	16
Heifers	Medium and Large 2	—	870	93.00/cwt	93.00–93.00	809	1
Heifers	Medium and Large 2	—	780	105.00/cwt	105.00–105.00	819	1
Heifers	Medium and Large 2	—	240	120.00/cwt	120.00–120.00	288	1

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 11, 2019

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

Feeder CattleReceipts 298Last week 359Year ago 0

Slaughter CattleReceipts 57Last week 61Year ago 0

Replacement CattleReceipts 75Last week 48Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	303	120.00	120.00
2	—	725	101.00	101.00
3	—	627	101.00–105.00	102.69
3	—	660	92.00–101.00	97.39
4	—	271	120.00–124.00	121.50
5	—	371	117.00–120.00	118.00
5	—	560	101.00–110.00	107.03
6	—	428	106.00–116.00	113.68
8	—	468	113.00–118.00	115.24
9	—	522	108.00–120.00	112.84
1	—	870	93.00	93.00
1	—	780	105.00	105.00
1	—	240	120.00	120.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	210	115.00	115.00
1	—	255	113.00	113.00
1	—	530	98.00	98.00
1	—	555	101.00	101.00
2	—	330	100.00–105.00	102.39
3	—	437	109.00–111.00	110.01
6	—	473	105.00–110.00	107.88
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	635	102.00	102.00
2	—	423	120.00–124.00	122.06
2	—	487	120.00	120.00
3	—	523	117.00	117.00
6	—	328	124.00–128.00	125.51
9	—	366	120.00–131.00	126.50
Heifers — Medium and Large 1-2$ per cwt · actual wt
4	—	560	115.00	115.00
5	—	455	120.00	120.00
6	—	512	116.00	116.00
Steers — Medium and Large 1$ per cwt · actual wt
2	—	283	145.00–158.00	151.79
4	—	465	130.00–148.00	141.46
5	—	527	130.00–137.00	131.58
9	—	332	148.00–161.00	155.19
9	—	417	130.00–159.00	149.48
10	—	374	150.00–164.00	157.19
Steers — Medium and Large 1-2$ per cwt · actual wt
6	—	590	130.00	130.00
7	—	541	128.00–140.00	133.13
11	—	603	123.00	123.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	510	128.00	128.00
1	—	640	110.00	110.00
2	—	308	145.00–146.00	145.51
3	—	423	134.00–140.00	135.89
4	—	231	140.00–150.00	146.08
4	—	381	138.00–148.00	144.96
5	—	267	140.00–149.00	142.69
7	—	472	129.00–140.00	132.43
Steers — Medium and Large 3$ per cwt · actual wt
1	—	280	139.00	139.00
1	—	310	128.00	128.00
1	—	395	130.00	130.00
1	—	460	128.00	128.00
2	—	238	141.00–142.00	141.49
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	705	94.00	94.00
1	—	895	90.00	90.00
2	—	630	99.00–104.00	101.48
3	—	372	137.00–140.00	138.94
3	—	507	110.00–121.00	117.02
4	—	580	104.00–115.00	109.65
5	—	429	115.00–140.00	128.03
7	—	478	120.00–135.00	127.28

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,298	770.00–900.00	841.53
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,208	920.00–980.00	950.19
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,310	730.00	730.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	3	—	985	680.00–810.00	744.62

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,930	75.50	75.50
5	—	1,519	67.25–71.00	68.70
Cows — Boner 80-85%$ per cwt · actual wt
6	—	1,132	45.00–48.00	46.01
2	—	1,438	44.00	44.00
Cows — Lean 85-90%$ per cwt · actual wt
1	—	890	27.00	27.00
4	—	925	29.50–35.00	32.66
16	—	1,048	36.50–43.50	39.08
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
2	—	765	28.50–31.00	29.83

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

Heifers · 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

Feeder Cattle

Replacement Cattle

Slaughter Cattle