Name: Meridian Livestock Auction livestock auction prices — 2020-01-13
Creator: RaisedBeef
Published: 2020-01-13

Reporter comment USDA

As filed

Compared to last week: Good day, well short sale today, due to all the rain. Feeder calf market seemed to be 3 to 5 higher straight across. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $159.85/cwt on 72 head.

Average price

$159.85

72 head · 428 lb average

Value per head Derived

$683

Price × average weight ÷ 100

Grade differential Derived

$58

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

$21.12/cwt at this weight

vs the market

+3.99

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	428	165.54	708	39
Medium and Large 1-2	509	157.00	799	5thin
Medium and Large 2	398	155.62	620	20
Medium and Large 3	450	144.42	650	8thin

One grade step is worth $21.12/cwt here — about $58 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 sale72 hd

159.85

—

MS average13 barns · 1,567 hd

155.86

+3.99

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	1,378	69.75	961	2thin
Cows	Boner 80-85%	Average	1,354	47.91	649	10
Cows	Lean 85-90%	Low	1,064	39.37	419	7thin

Every lot, as filed

50 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	—	590	141.00/cwt	141.00–141.00	832	1
Bulls	Medium and Large 2	—	422	151.98/cwt	148.00–156.00	641	3
Bulls	Medium and Large 2	—	525	135.13/cwt	127.00–152.00	709	4
Bulls	—	—	1,725	70.50/cwt	70.50–70.50	1,216	1
Bulls	—	—	1,030	69.00/cwt	69.00–69.00	711	1
Cows	Boner 80-85%	—	1,354	47.91/cwt	45.00–52.00	649	10
Bred Cows	Medium and Large 2	—	1,025	760.00/cwt	760.00–760.00	7,790	1
Bred Cows	Medium and Large 2	—	1,203	842.58/cwt	800.00–880.00	10,136	2
Steers	Medium and Large 1	—	545	145.00/cwt	145.00–145.00	790	1
Steers	Medium and Large 2	—	567	139.00/cwt	139.00–139.00	788	2
Steers	Medium and Large 1	—	668	133.01/cwt	131.00–135.00	889	2
Steers	Medium and Large 1-2	—	570	151.00/cwt	151.00–151.00	861	2
Steers	Medium and Large 1	—	610	147.00/cwt	147.00–147.00	897	1
Bred Cows	Medium and Large 2	—	1,038	716.99/cwt	690.00–740.00	7,442	2
Steers	Medium and Large 1	—	323	177.58/cwt	171.00–183.00	574	9
Steers	Medium and Large 1	—	415	166.95/cwt	160.00–179.00	693	11
Steers	Medium and Large 3	—	515	138.74/cwt	130.00–148.00	715	2
Steers	Medium and Large 1-2	—	468	161.00/cwt	161.00–161.00	753	3
Steers	Medium and Large 1	—	230	185.00/cwt	185.00–185.00	426	1
Steers	Medium and Large 1	—	270	187.00/cwt	187.00–187.00	505	1
Steers	Medium and Large 2	—	505	139.00/cwt	139.00–139.00	702	1
Steers	Medium and Large 2	—	418	155.99/cwt	155.00–157.00	652	2
Steers	Medium and Large 2	—	391	164.98/cwt	160.00–170.00	645	5
Steers	Medium and Large 2	—	215	157.00/cwt	155.00–161.00	338	3
Steers	Medium and Large 1	—	363	176.46/cwt	172.00–180.00	641	6
Steers	Medium and Large 1	—	576	147.52/cwt	141.00–151.00	850	7
Steers	Medium and Large 2	—	481	151.31/cwt	150.00–157.00	728	5
Steers	Medium and Large 3	—	265	140.00/cwt	140.00–140.00	371	1
Steers	Medium and Large 3	—	428	148.44/cwt	147.00–150.00	635	2
Steers	Medium and Large 3	—	483	146.99/cwt	146.00–148.00	710	3
Steers	Medium and Large 2	—	190	158.00/cwt	158.00–158.00	300	1
Steers	Medium and Large 2	—	295	173.00/cwt	173.00–173.00	510	1
Heifers	Medium and Large 2	—	283	136.40/cwt	130.00–144.00	386	3
Heifers	Medium and Large 2	—	577	117.70/cwt	116.00–119.00	679	3
Heifers	Medium and Large 1	—	613	124.99/cwt	122.00–128.00	766	2
Heifers	Medium and Large 1	—	670	120.56/cwt	118.00–123.00	808	2
Heifers	Medium and Large 1	—	471	129.77/cwt	128.00–133.00	611	5
Heifers	Medium and Large 1	—	527	130.31/cwt	129.00–133.00	687	6
Heifers	Medium and Large 1	—	420	133.37/cwt	128.00–139.00	560	13
Heifers	Medium and Large 2	—	323	132.07/cwt	130.00–135.00	427	3
Heifers	Medium and Large 2	—	375	130.55/cwt	128.00–134.00	490	4
Heifers	Medium and Large 2	—	490	125.00/cwt	125.00–125.00	613	1
Heifers	Medium and Large 2	—	640	110.00/cwt	110.00–110.00	704	1
Heifers	Medium and Large 2	—	420	128.52/cwt	128.00–129.00	540	2
Cows	Lean 85-90%	—	1,022	35.54/cwt	34.00–36.50	363	3
Cows	Lean 85-90%	—	1,095	42.25/cwt	41.00–44.00	463	4
Heifers	Medium and Large 1	—	275	140.00/cwt	140.00–140.00	385	1
Heifers	Medium and Large 1	—	340	137.00/cwt	137.00–137.00	466	1
Heifers	Medium and Large 1	—	390	134.00/cwt	134.00–134.00	523	1
Heifers	Medium and Large 1	—	562	127.11/cwt	119.00–131.00	714	8

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 Jan 13, 2020

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

Feeder CattleReceipts 187Last week 266Year ago 0

Slaughter CattleReceipts 23Last week 40Year ago 0

Replacement CattleReceipts 18Last week 26Year ago 0

Compared to last week: Good day, well short sale today, due to all the rain. Feeder calf market seemed to be 3 to 5 higher straight across. Slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	590	141.00	141.00
3	—	422	148.00–156.00	151.98
4	—	525	127.00–152.00	135.13
Steers — Medium and Large 1$ per cwt · actual wt
1	—	545	145.00	145.00
2	—	668	131.00–135.00	133.01
1	—	610	147.00	147.00
9	—	323	171.00–183.00	177.58
11	—	415	160.00–179.00	166.95
1	—	230	185.00	185.00
1	—	270	187.00	187.00
6	—	363	172.00–180.00	176.46
7	—	576	141.00–151.00	147.52
Steers — Medium and Large 2$ per cwt · actual wt
2	—	567	139.00	139.00
1	—	505	139.00	139.00
2	—	418	155.00–157.00	155.99
5	—	391	160.00–170.00	164.98
3	—	215	155.00–161.00	157.00
5	—	481	150.00–157.00	151.31
1	—	190	158.00	158.00
1	—	295	173.00	173.00
Steers — Medium and Large 1-2$ per cwt · actual wt
2	—	570	151.00	151.00
3	—	468	161.00	161.00
Steers — Medium and Large 3$ per cwt · actual wt
2	—	515	130.00–148.00	138.74
1	—	265	140.00	140.00
2	—	428	147.00–150.00	148.44
3	—	483	146.00–148.00	146.99
Heifers — Medium and Large 2$ per cwt · actual wt
3	—	283	130.00–144.00	136.40
3	—	577	116.00–119.00	117.70
3	—	323	130.00–135.00	132.07
4	—	375	128.00–134.00	130.55
1	—	490	125.00	125.00
1	—	640	110.00	110.00
2	—	420	128.00–129.00	128.52
Heifers — Medium and Large 1$ per cwt · actual wt
2	—	613	122.00–128.00	124.99
2	—	670	118.00–123.00	120.56
5	—	471	128.00–133.00	129.77
6	—	527	129.00–133.00	130.31
13	—	420	128.00–139.00	133.37
1	—	275	140.00	140.00
1	—	340	137.00	137.00
1	—	390	134.00	134.00
8	—	562	119.00–131.00	127.11

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,725	70.50	70.50
1	—	1,030	69.00	69.00
Cows — Boner 80-85%$ per cwt · actual wt
10	—	1,354	45.00–52.00	47.91
Cows — Lean 85-90%$ per cwt · actual wt
3	—	1,022	34.00–36.50	35.54
4	—	1,095	41.00–44.00	42.25

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)	1	—	1,025	760.00	760.00
Young (2-4 yrs)	2nd/3rd Stage (4-9 mo)	2	—	1,203	800.00–880.00	842.58
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,038	690.00–740.00	716.99

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

Feeder Cattle

Slaughter Cattle

Replacement Cattle