Name: Meridian Livestock Auction livestock auction prices — 2019-12-16
Creator: RaisedBeef
Published: 2019-12-16

Reporter comment USDA

As filed

As compared to last weeks market Slaughter cows and bulls were steady. Feeder calf market seemed to be 3 to 5 higher. Sold some brangus bred heifers fancy, 880-1100 lbs. 6 to 8 plus bred brought $ 1200-1460 per head. 100 head of them.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $117.32/cwt on 58 head.

Average price

$117.32

58 head · 424 lb average

Value per head Derived

$498

Price × average weight ÷ 100

Grade differential Derived

$113

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

$11.47/cwt at this weight

vs the market

+0.01

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	450	121.64	547	21
Medium and Large 2	417	117.11	488	25
Medium and Large 3	394	110.18	434	12thin

One grade step is worth $11.47/cwt here — about $113 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 sale58 hd

117.32

—

MS average13 barns · 1,040 hd

117.31

+0.01

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	1,591	74.43	1,184	8thin
Cows	Boner 80-85%	Average	1,223	43.00	526	17
Cows	Lean 85-90%	Average	830	30.94	257	6thin

Every lot, as filed

47 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
Bulls	Medium and Large 2	—	485	130.00/cwt	130.00–130.00	631	1
Bulls	Medium and Large 2	—	550	130.00/cwt	130.00–130.00	715	1
Bulls	Medium and Large 2	—	520	132.18/cwt	126.00–137.00	687	3
Bulls	Medium and Large 3	—	380	120.00/cwt	120.00–120.00	456	1
Heifers	Medium and Large 1	—	335	128.51/cwt	128.00–129.00	431	2
Cows	Lean 85-90%	—	860	33.19/cwt	32.50–34.00	285	3
Cows	Lean 85-90%	—	800	28.69/cwt	28.00–29.00	230	3
Cows	Boner 80-85%	—	1,223	43.00/cwt	34.00–46.75	526	17
Bulls	—	—	1,602	75.20/cwt	70.00–79.00	1,205	7
Bulls	—	—	1,515	69.00/cwt	69.00–69.00	1,045	1
Heifers	Medium and Large 2	—	464	113.45/cwt	110.00–115.00	526	9
Heifers	Medium and Large 2	—	523	108.97/cwt	108.00–110.00	570	2
Heifers	Medium and Large 1	—	524	113.98/cwt	112.00–117.00	597	6
Heifers	Medium and Large 1	—	368	129.16/cwt	128.00–130.00	475	6
Heifers	Medium and Large 1	—	413	122.41/cwt	118.00–129.00	506	4
Heifers	Medium and Large 1	—	658	109.51/cwt	106.00–113.00	721	2
Heifers	Medium and Large 2	—	275	131.70/cwt	130.00–135.00	362	3
Heifers	Medium and Large 2	—	580	108.00/cwt	108.00–108.00	626	1
Heifers	Medium and Large 3	—	371	109.87/cwt	105.00–115.00	408	6
Heifers	Medium and Large 3	—	425	107.56/cwt	105.00–110.00	457	2
Heifers	Medium and Large 3	—	280	121.38/cwt	118.00–125.00	340	2
Heifers	Medium and Large 3	—	630	97.00/cwt	97.00–97.00	611	1
Steers	Medium and Large 2	—	290	159.00/cwt	159.00–159.00	461	1
Heifers	Medium and Large 3	—	460	108.00/cwt	108.00–108.00	497	1
Heifers	Medium and Large 1	—	460	130.00/cwt	130.00–130.00	598	1
Heifers	Medium and Large 2	—	421	114.24/cwt	113.00–116.00	481	4
Heifers	Medium and Large 2	—	375	118.93/cwt	116.00–121.00	446	3
Heifers	Medium and Large 2	—	330	123.98/cwt	122.00–125.00	409	3
Steers	Medium and Large 1	—	890	105.00/cwt	105.00–105.00	935	1
Steers	Medium and Large 3	—	310	130.00/cwt	130.00–130.00	403	1
Steers	Medium and Large 2	—	373	156.43/cwt	150.00–161.00	583	3
Steers	Medium and Large 2	—	485	138.00/cwt	136.00–140.00	669	2
Steers	Medium and Large 2	—	320	152.84/cwt	148.00–158.00	489	2
Steers	Medium and Large 3	—	380	138.00/cwt	138.00–138.00	524	1
Steers	Medium and Large 2	—	435	140.00/cwt	140.00–140.00	609	1
Steers	Medium and Large 1	—	376	164.60/cwt	159.00–173.00	619	10
Steers	Medium and Large 1	—	327	170.11/cwt	165.00–178.00	556	9
Steers	Medium and Large 1	—	429	152.56/cwt	135.00–167.00	654	7
Steers	Medium and Large 1	—	276	167.13/cwt	161.00–180.00	461	7
Steers	Medium and Large 3	—	443	130.99/cwt	130.00–132.00	580	2
Bred Cows	Medium and Large 2	—	1,040	928.37/cwt	825.00–1,020.00	9,655	4
Bred Cows	Medium and Large 2	—	980	1,020.00/cwt	1,020.00–1,020.00	9,996	1
Cow-Calf Pairs	Medium and Large 2	—	1,195	1,410.00/cwt	1,410.00–1,410.00	16,850	2
Cow-Calf Pairs	Medium and Large 2	—	1,380	1,440.00/cwt	1,440.00–1,440.00	19,872	2
Steers	Medium and Large 1	—	457	147.27/cwt	137.00–156.00	673	3
Bulls	Medium and Large 3	—	665	110.00/cwt	110.00–110.00	732	2
Bulls	Medium and Large 3	—	930	90.00/cwt	90.00–90.00	837	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 Dec 16, 2019

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

Feeder CattleReceipts 181Last week 316Year ago 0

Slaughter CattleReceipts 57Last week 63Year ago 0

Replacement CattleReceipts 140Last week 220Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	485	130.00	130.00
1	—	550	130.00	130.00
3	—	520	126.00–137.00	132.18
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	380	120.00	120.00
2	—	665	110.00	110.00
1	—	930	90.00	90.00
Heifers — Medium and Large 1$ per cwt · actual wt
2	—	335	128.00–129.00	128.51
6	—	524	112.00–117.00	113.98
6	—	368	128.00–130.00	129.16
4	—	413	118.00–129.00	122.41
2	—	658	106.00–113.00	109.51
1	—	460	130.00	130.00
Heifers — Medium and Large 2$ per cwt · actual wt
9	—	464	110.00–115.00	113.45
2	—	523	108.00–110.00	108.97
3	—	275	130.00–135.00	131.70
1	—	580	108.00	108.00
4	—	421	113.00–116.00	114.24
3	—	375	116.00–121.00	118.93
3	—	330	122.00–125.00	123.98
Heifers — Medium and Large 3$ per cwt · actual wt
6	—	371	105.00–115.00	109.87
2	—	425	105.00–110.00	107.56
2	—	280	118.00–125.00	121.38
1	—	630	97.00	97.00
1	—	460	108.00	108.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	290	159.00	159.00
3	—	373	150.00–161.00	156.43
2	—	485	136.00–140.00	138.00
2	—	320	148.00–158.00	152.84
1	—	435	140.00	140.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	890	105.00	105.00
10	—	376	159.00–173.00	164.60
9	—	327	165.00–178.00	170.11
7	—	429	135.00–167.00	152.56
7	—	276	161.00–180.00	167.13
3	—	457	137.00–156.00	147.27
Steers — Medium and Large 3$ per cwt · actual wt
1	—	310	130.00	130.00
1	—	380	138.00	138.00
2	—	443	130.00–132.00	130.99

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	860	32.50–34.00	33.19
3	—	800	28.00–29.00	28.69
Cows — Boner 80-85%$ per cwt · actual wt
17	—	1,223	34.00–46.75	43.00
Bulls$ per cwt · actual wt
7	—	1,602	70.00–79.00	75.20
1	—	1,515	69.00	69.00

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)	4	—	1,040	825.00–1,020.00	928.37
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	980	1,020.00	1,020.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,195	1,410.00	1,410.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,380	1,440.00	1,440.00

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

Slaughter Cattle

Replacement Cattle