Name: Meridian Livestock Auction livestock auction prices — 2020-02-03
Creator: RaisedBeef
Published: 2020-02-03

Reporter comment USDA

As filed

As compared to last weeks market, Feeder calves steers and heifers steady. Slaughter cattle bulls and cows were steady . Sold groups of weaned calves heifers 573 lbs. @ $ 1.2850, 505 lbs @ $ 1.3050, 629 lbs @ $ 1.25 Black and Red hides. Steers average wt 637 lbs @ $ 1.35.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $127.15/cwt on 69 head.

Average price

$127.15

69 head · 487 lb average

Value per head Derived

$619

Price × average weight ÷ 100

Grade differential Derived

$60

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

$10.33/cwt at this weight

vs the market

−1.65

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	413	131.79	544	13thin
Medium and Large 1-2	571	127.83	730	29
Medium and Large 2	448	125.56	563	18thin
Medium and Large 3	399	121.46	484	9thin

One grade step is worth $10.33/cwt here — about $60 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 sale69 hd

127.15

—

MS average12 barns · 1,167 hd

128.80

−1.65

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	1,480	82.50	1,221	3thin
Cows	Boner 80-85%	Average	1,169	55.90	653	4thin
Cows	Lean 85-90%	Low	963	35.66	344	7thin

Every lot, as filed

49 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	—	—	1,600	94.50/cwt	94.50–94.50	1,512	1
Bulls	Medium and Large 1	—	515	136.00/cwt	136.00–136.00	700	1
Bulls	Medium and Large 2	—	485	125.00/cwt	125.00–125.00	606	1
Bulls	Medium and Large 3	—	623	107.51/cwt	105.00–110.00	670	2
Bulls	—	—	1,375	70.50/cwt	70.50–70.50	969	1
Bulls	—	—	1,465	82.50/cwt	82.50–82.50	1,209	1
Bred Cows	Medium and Large 2	—	875	750.00/cwt	750.00–750.00	6,563	1
Steers	Medium and Large 1-2	—	594	133.00/cwt	133.00–133.00	790	10
Steers	Medium and Large 1	—	230	180.00/cwt	180.00–180.00	414	1
Steers	Medium and Large 1	—	260	180.00/cwt	180.00–180.00	468	1
Steers	Medium and Large 1	—	340	176.00/cwt	176.00–176.00	598	1
Steers	Medium and Large 2	—	585	136.02/cwt	135.00–137.00	796	2
Steers	Medium and Large 1	—	430	160.00/cwt	160.00–160.00	688	1
Steers	Medium and Large 1	—	453	158.44/cwt	147.00–170.00	718	2
Steers	Medium and Large 1	—	525	138.85/cwt	135.00–143.00	729	2
Steers	Medium and Large 1-2	—	374	170.00/cwt	170.00–170.00	636	7
Steers	Medium and Large 1-2	—	624	132.92/cwt	130.00–135.00	829	7
Steers	Medium and Large 1-2	—	480	145.00/cwt	145.00–145.00	696	8
Steers	Medium and Large 2	—	205	170.00/cwt	170.00–170.00	349	1
Steers	Medium and Large 2	—	410	140.00/cwt	140.00–140.00	574	1
Steers	Medium and Large 2	—	475	147.00/cwt	147.00–147.00	698	1
Steers	Medium and Large 2	—	545	138.00/cwt	138.00–138.00	752	1
Steers	Medium and Large 2	—	725	113.00/cwt	113.00–113.00	819	1
Steers	Medium and Large 2	—	375	164.92/cwt	161.00–167.00	618	3
Heifers	Medium and Large 1	—	700	114.00/cwt	114.00–114.00	798	1
Heifers	Medium and Large 1	—	540	124.00/cwt	124.00–124.00	670	1
Cows	Lean 85-90%	—	971	37.16/cwt	34.00–39.50	361	4
Cows	Lean 85-90%	—	950	28.50/cwt	28.50–28.50	271	2
Cows	Boner 80-85%	—	1,169	55.90/cwt	52.50–58.50	653	4
Cows	Lean 85-90%	—	960	44.00/cwt	44.00–44.00	422	1
Heifers	Medium and Large 2	—	474	125.57/cwt	124.00–128.00	595	5
Heifers	Medium and Large 3	—	388	120.02/cwt	115.00–123.00	466	3
Heifers	Medium and Large 1	—	332	133.97/cwt	132.00–135.00	445	3
Heifers	Medium and Large 1	—	433	133.54/cwt	131.00–136.00	578	2
Heifers	Medium and Large 3	—	235	130.00/cwt	130.00–130.00	306	1
Heifers	Medium and Large 1-2	—	573	128.00/cwt	128.00–128.00	733	19
Heifers	Medium and Large 1-2	—	508	130.00/cwt	130.00–130.00	660	5
Heifers	Medium and Large 1	—	378	134.38/cwt	132.00–138.00	508	6
Heifers	Medium and Large 3	—	565	112.52/cwt	110.00–115.00	636	2
Heifers	Medium and Large 3	—	285	129.00/cwt	120.00–138.00	368	2
Heifers	Medium and Large 3	—	490	120.00/cwt	120.00–120.00	588	1
Heifers	Medium and Large 2	—	425	126.70/cwt	125.00–132.00	538	6
Steers	Medium and Large 3	—	388	153.35/cwt	150.00–155.00	595	3
Steers	Medium and Large 3	—	295	164.00/cwt	164.00–164.00	484	1
Heifers	Medium and Large 2	—	521	122.01/cwt	119.00–125.00	636	4
Heifers	Medium and Large 2	—	370	128.00/cwt	128.00–128.00	474	2
Heifers	Medium and Large 2	—	325	128.00/cwt	128.00–128.00	416	1
Heifers	Medium and Large 1-2	—	629	125.00/cwt	125.00–125.00	786	5
Steers	Medium and Large 2	—	329	167.24/cwt	162.00–172.00	550	4

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 Feb 3, 2020

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

Feeder CattleReceipts 164Last week 250Year ago 0

Slaughter CattleReceipts 14Last week 16Year ago 0

Replacement CattleReceipts 7Last week 14Year ago 0

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,600	94.50	94.50
1	—	1,375	70.50	70.50
1	—	1,465	82.50	82.50
Cows — Lean 85-90%$ per cwt · actual wt
4	—	971	34.00–39.50	37.16
2	—	950	28.50	28.50
1	—	960	44.00	44.00
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,169	52.50–58.50	55.90

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	515	136.00	136.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	485	125.00	125.00
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	623	105.00–110.00	107.51
Steers — Medium and Large 1-2$ per cwt · actual wt
10	—	594	133.00	133.00
7	—	374	170.00	170.00
7	—	624	130.00–135.00	132.92
8	—	480	145.00	145.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	230	180.00	180.00
1	—	260	180.00	180.00
1	—	340	176.00	176.00
1	—	430	160.00	160.00
2	—	453	147.00–170.00	158.44
2	—	525	135.00–143.00	138.85
Steers — Medium and Large 2$ per cwt · actual wt
2	—	585	135.00–137.00	136.02
1	—	205	170.00	170.00
1	—	410	140.00	140.00
1	—	475	147.00	147.00
1	—	545	138.00	138.00
1	—	725	113.00	113.00
3	—	375	161.00–167.00	164.92
4	—	329	162.00–172.00	167.24
Steers — Medium and Large 3$ per cwt · actual wt
3	—	388	150.00–155.00	153.35
1	—	295	164.00	164.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	700	114.00	114.00
1	—	540	124.00	124.00
3	—	332	132.00–135.00	133.97
2	—	433	131.00–136.00	133.54
6	—	378	132.00–138.00	134.38
Heifers — Medium and Large 2$ per cwt · actual wt
5	—	474	124.00–128.00	125.57
6	—	425	125.00–132.00	126.70
4	—	521	119.00–125.00	122.01
2	—	370	128.00	128.00
1	—	325	128.00	128.00
Heifers — Medium and Large 3$ per cwt · actual wt
3	—	388	115.00–123.00	120.02
1	—	235	130.00	130.00
2	—	565	110.00–115.00	112.52
2	—	285	120.00–138.00	129.00
1	—	490	120.00	120.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
19	—	573	128.00	128.00
5	—	508	130.00	130.00
5	—	629	125.00	125.00

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)	1	—	875	750.00	750.00

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

Slaughter Cattle

Feeder Cattle

Replacement Cattle