Sale reports / Mississippi / Meridian Livestock Auction / 2019-12-02

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Dec 2
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
456 head
47 vs last sale 503 456 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
32 head
15 vs last sale 17 32 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
32 head
12 vs last sale 20 32 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Due, to no sales last week there are no trends this week. Sold groups of weaned calves, steers 106 mostly black 428 lb avrg. wt. @ $ 1.5750 per lb. 8 head 540 lbs @ $ 1.3525, 572 lbs @ $ 1.3625, 682 lbs @ $ 1.35, Heifers 422 lbs @ $ 1.26.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $147.44/cwt on 216 head.
Average price
$147.44
216 head · 456 lb average
Value per head Derived
$672
Price × average weight ÷ 100
Grade differential Derived
$194
per head · Medium and Large 1-2 over Medium and Large 3
$19.68/cwt at this weight
vs the market
+7.53
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2466151.97708144
Medium and Large 1399151.0260319thin
Medium and Large 2467134.3762840
Medium and Large 3389132.2851413thin
One grade step is worth $19.68/cwt here — about $194 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 sale216 hd
147.44
MS average7 barns · 699 hd
139.91
+7.53
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
BullsLow1,78073.301,3055thin
CowsBoner 80-85%Average1,35348.256537thin
CowsLean 85-90%Low93436.1133714

Every lot, as filed

66 lots · USDA AMS · Meridian Stockyard - Meridian, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1425120.00/cwt120.00–120.005101
HeifersMedium and Large 1579116.60/cwt116.00–118.006755
HeifersMedium and Large 1-2483120.00/cwt120.00–120.005808
HeifersMedium and Large 2580105.00/cwt105.00–105.006091
HeifersMedium and Large 2290130.02/cwt129.00–131.003772
HeifersMedium and Large 2335131.03/cwt129.00–134.004393
HeifersMedium and Large 2369129.88/cwt126.00–134.004797
HeifersMedium and Large 3380116.64/cwt113.00–120.004432
HeifersMedium and Large 3420109.18/cwt108.00–110.004596
HeifersMedium and Large 1620112.51/cwt112.00–113.006982
HeifersMedium and Large 1-2665118.00/cwt118.00–118.007856
HeifersMedium and Large 1-2534117.97/cwt115.00–120.0063019
HeifersMedium and Large 2730101.00/cwt101.00–101.007371
HeifersMedium and Large 2623106.55/cwt105.00–108.006642
CowsBoner 80-85%1,35348.25/cwt46.00–51.506537
CowsLean 85-90%90535.70/cwt32.00–38.003238
CowsLean 85-90%1,00842.60/cwt41.00–43.504294
CowsLean 85-90%90324.74/cwt24.50–25.002232
SteersMedium and Large 1618120.43/cwt118.00–123.007442
SteersMedium and Large 1318157.95/cwt155.00–161.005024
SteersMedium and Large 1-2682135.00/cwt135.00–135.009217
SteersMedium and Large 1-2428157.00/cwt157.00–157.00672106
SteersMedium and Large 2318148.96/cwt148.00–150.004742
SteersMedium and Large 2425133.33/cwt129.00–138.005678
SteersMedium and Large 3230140.00/cwt140.00–140.003221
SteersMedium and Large 3475118.03/cwt115.00–121.005612
SteersMedium and Large 1265159.62/cwt155.00–164.004233
SteersMedium and Large 1376167.40/cwt156.00–170.006295
SteersMedium and Large 1-2540135.00/cwt135.00–135.007298
SteersMedium and Large 2725110.00/cwt110.00–110.007981
SteersMedium and Large 2570120.69/cwt120.00–122.006883
SteersMedium and Large 2606118.00/cwt118.00–118.007158
SteersMedium and Large 3445125.00/cwt125.00–125.005561
SteersMedium and Large 3337137.28/cwt130.00–142.004633
SteersMedium and Large 1415147.50/cwt146.00–149.006122
SteersMedium and Large 1523128.63/cwt125.00–131.006733
SteersMedium and Large 1-2487151.98/cwt144.00–156.007406
SteersMedium and Large 1-2571135.54/cwt132.00–136.0077417
SteersMedium and Large 2268149.00/cwt149.00–149.003992
SteersMedium and Large 2374153.15/cwt151.00–156.005737
SteersMedium and Large 2469136.01/cwt128.00–140.006389
SteersMedium and Large 3535115.00/cwt115.00–115.006151
BullsMedium and Large 3575107.43/cwt105.00–110.006182
Bulls1,42569.00/cwt69.00–69.009831
BullsMedium and Large 3465107.58/cwt105.00–110.005002
BullsMedium and Large 3532111.71/cwt105.00–120.005943
Bulls1,84275.84/cwt74.00–77.001,3973
BullsMedium and Large 366592.00/cwt92.00–92.006121
BullsMedium and Large 381088.96/cwt86.00–92.007212
Bulls1,95070.00/cwt70.00–70.001,3651
HeifersMedium and Large 2516108.37/cwt99.00–115.005594
HeifersMedium and Large 3285120.00/cwt120.00–120.003422
HeifersMedium and Large 362098.54/cwt97.00–100.006112
HeifersMedium and Large 3467107.40/cwt105.00–111.0050210
HeifersMedium and Large 1705118.00/cwt118.00–118.008321
HeifersMedium and Large 1-2320128.00/cwt128.00–128.004101
HeifersMedium and Large 1-2422126.00/cwt126.00–126.0053211
HeifersMedium and Large 2660108.00/cwt108.00–108.007131
HeifersMedium and Large 2455117.50/cwt115.00–120.005352
HeifersMedium and Large 2433117.69/cwt111.00–123.005103
HeifersMedium and Large 3230115.00/cwt115.00–115.002651
HeifersMedium and Large 3540100.50/cwt100.00–101.005432
HeifersMedium and Large 356999.33/cwt95.00–105.005657
SteersMedium and Large 3376138.36/cwt135.00–141.005205
Bred CowsMedium and Large 2708640.00/cwt640.00–640.004,5312
Bred CowsMedium and Large 21,065810.00/cwt810.00–810.008,6271

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.