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

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $158.24/cwt on 52 head.

Average price

$158.24

52 head · 452 lb average

Value per head Derived

$715

Price × average weight ÷ 100

Grade differential Derived

−$193

per head · Medium and Large 1 over Medium and Large 1-2

$35.96/cwt at this weight

vs the market

+6.90

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	416	168.85	702	29
Medium and Large 2	386	157.14	606	8thin
Medium and Large 3	379	146.43	555	6thin
Medium and Large 1-2	674	132.89	895	9thin

One grade step is worth $35.96/cwt here — about −$193 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 sale52 hd

158.24

—

MS average13 barns · 800 hd

151.34

+6.90

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	1,407	88.98	1,252	3thin
Cows	Boner 80-85%	Average	1,206	61.43	741	7thin
Cows	Lean 85-90%	Average	968	48.98	474	16

Every lot, as filed

43 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 1	—	427	144.01/cwt	143.00–145.00	615	3
Bulls	Medium and Large 1	—	465	142.00/cwt	142.00–142.00	660	3
Bulls	Medium and Large 2	—	495	135.00/cwt	135.00–135.00	668	1
Bulls	Medium and Large 2	—	595	125.00/cwt	125.00–125.00	744	1
Bulls	—	—	1,407	88.98/cwt	88.50–89.75	1,252	3
Cows	Lean 85-90%	—	1,049	53.59/cwt	50.00–58.50	562	8
Cow-Calf Pairs	Medium and Large 2	—	1,130	830.00/cwt	830.00–830.00	9,379	2
Steers	Medium and Large 2	—	530	138.50/cwt	137.00–140.00	734	2
Steers	Medium and Large 3	—	225	150.00/cwt	150.00–150.00	338	1
Steers	Medium and Large 1-2	—	638	134.00/cwt	134.00–134.00	855	3
Steers	Medium and Large 1-2	—	761	121.00/cwt	121.00–121.00	921	4
Steers	Medium and Large 1	—	665	129.00/cwt	129.00–129.00	858	1
Steers	Medium and Large 1	—	380	179.21/cwt	176.00–180.00	681	5
Steers	Medium and Large 1-2	—	552	155.00/cwt	155.00–155.00	856	2
Steers	Medium and Large 3	—	388	151.46/cwt	146.00–157.00	588	2
Steers	Medium and Large 3	—	425	141.89/cwt	136.00–145.00	603	3
Steers	Medium and Large 1	—	290	183.00/cwt	183.00–183.00	531	1
Steers	Medium and Large 1	—	575	152.00/cwt	152.00–152.00	874	1
Steers	Medium and Large 1	—	600	135.00/cwt	135.00–135.00	810	1
Steers	Medium and Large 2	—	430	156.00/cwt	156.00–156.00	671	1
Steers	Medium and Large 2	—	280	169.04/cwt	167.00–171.00	473	2
Steers	Medium and Large 2	—	355	163.50/cwt	161.00–166.00	580	2
Steers	Medium and Large 1	—	482	164.04/cwt	160.00–165.00	791	5
Steers	Medium and Large 1	—	325	175.75/cwt	165.00–183.00	571	6
Steers	Medium and Large 1	—	408	169.66/cwt	160.00–174.00	692	9
Heifers	Medium and Large 2	—	423	125.36/cwt	122.00–129.00	530	2
Heifers	Medium and Large 1	—	326	143.73/cwt	139.00–146.00	469	5
Heifers	Medium and Large 1	—	534	130.01/cwt	128.00–132.00	694	5
Heifers	Medium and Large 1	—	482	133.87/cwt	132.00–135.00	645	7
Heifers	Medium and Large 1-2	—	745	116.00/cwt	116.00–116.00	864	2
Steers	Medium and Large 2	—	325	159.00/cwt	159.00–159.00	517	1
Heifers	Medium and Large 2	—	545	124.00/cwt	124.00–124.00	676	3
Heifers	Medium and Large 2	—	287	141.82/cwt	139.00–145.00	407	5
Heifers	Medium and Large 3	—	378	129.01/cwt	128.00–130.00	488	2
Heifers	Medium and Large 2	—	920	91.00/cwt	91.00–91.00	837	1
Heifers	Medium and Large 2	—	995	87.00/cwt	87.00–87.00	866	1
Heifers	Medium and Large 2	—	328	135.98/cwt	134.00–138.00	446	2
Cows	Boner 80-85%	—	1,206	61.43/cwt	55.50–65.50	741	7
Cows	Lean 85-90%	—	886	44.37/cwt	40.00–48.50	393	8
Heifers	Medium and Large 1	—	415	137.53/cwt	135.00–140.00	571	2
Heifers	Medium and Large 1	—	576	127.00/cwt	127.00–127.00	732	3
Heifers	Medium and Large 2	—	370	133.00/cwt	133.00–133.00	492	1
Heifers	Medium and Large 2	—	845	94.00/cwt	94.00–94.00	794	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 Mar 2, 2020

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

Feeder CattleReceipts 118Last week 162Year ago 0

Slaughter CattleReceipts 38Last week 27Year ago 0

Replacement CattleReceipts 17Last week 14Year ago 0

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	427	143.00–145.00	144.01
3	—	465	142.00	142.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	495	135.00	135.00
1	—	595	125.00	125.00
Steers — Medium and Large 2$ per cwt · actual wt
2	—	530	137.00–140.00	138.50
1	—	430	156.00	156.00
2	—	280	167.00–171.00	169.04
2	—	355	161.00–166.00	163.50
1	—	325	159.00	159.00
Steers — Medium and Large 3$ per cwt · actual wt
1	—	225	150.00	150.00
2	—	388	146.00–157.00	151.46
3	—	425	136.00–145.00	141.89
Steers — Medium and Large 1-2$ per cwt · actual wt
3	—	638	134.00	134.00
4	—	761	121.00	121.00
2	—	552	155.00	155.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	665	129.00	129.00
5	—	380	176.00–180.00	179.21
1	—	290	183.00	183.00
1	—	575	152.00	152.00
1	—	600	135.00	135.00
5	—	482	160.00–165.00	164.04
6	—	325	165.00–183.00	175.75
9	—	408	160.00–174.00	169.66
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	423	122.00–129.00	125.36
3	—	545	124.00	124.00
5	—	287	139.00–145.00	141.82
1	—	920	91.00	91.00
1	—	995	87.00	87.00
2	—	328	134.00–138.00	135.98
1	—	370	133.00	133.00
1	—	845	94.00	94.00
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	326	139.00–146.00	143.73
5	—	534	128.00–132.00	130.01
7	—	482	132.00–135.00	133.87
2	—	415	135.00–140.00	137.53
3	—	576	127.00	127.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
2	—	745	116.00	116.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	378	128.00–130.00	129.01

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,407	88.50–89.75	88.98
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,049	50.00–58.50	53.59
8	—	886	40.00–48.50	44.37
Cows — Boner 80-85%$ per cwt · actual wt
7	—	1,206	55.50–65.50	61.43

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	1,130	830.00	830.00

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

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