Name: Meridian Livestock Auction livestock auction prices — 2020-03-09
Creator: RaisedBeef
Published: 2020-03-09

Reporter comment USDA

As filed

Compared to last week: Feeder calves 3.00-5.00 lower. Slaughter cows and bulls were steady,

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $121.77/cwt on 59 head.

Average price

$121.77

59 head · 506 lb average

Value per head Derived

$616

Price × average weight ÷ 100

Grade differential Derived

$165

per head · Medium and Large 1-2 over Medium and Large 3

$7.75/cwt at this weight

vs the market

−2.83

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	532	122.95	655	31
Medium and Large 2	487	121.60	592	23
Medium and Large 3	425	115.20	490	5thin

One grade step is worth $7.75/cwt here — about $165 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 sale59 hd

121.77

—

MS average13 barns · 1,051 hd

124.60

−2.83

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	1,511	88.32	1,335	7thin
Cows	Boner 80-85%	Average	1,339	62.64	839	7thin
Cows	Lean 85-90%	Average	1,017	48.32	492	15

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
Steers	Medium and Large 2	—	685	115.49/cwt	115.00–116.00	791	2
Steers	Medium and Large 2	—	470	138.83/cwt	135.00–143.00	653	2
Steers	Medium and Large 3	—	473	132.06/cwt	129.00–138.00	625	4
Steers	Medium and Large 3	—	435	130.96/cwt	126.00–136.00	570	3
Steers	Medium and Large 3	—	573	117.45/cwt	115.00–120.00	673	2
Steers	Medium and Large 2	—	585	130.00/cwt	130.00–130.00	761	1
Steers	Medium and Large 1-2	—	663	124.28/cwt	123.00–125.00	824	11
Steers	Medium and Large 3	—	530	112.00/cwt	112.00–112.00	594	1
Steers	Medium and Large 1-2	—	575	136.00/cwt	136.00–136.00	782	3
Steers	Medium and Large 3	—	375	150.00/cwt	150.00–150.00	563	1
Steers	Medium and Large 3	—	345	141.00/cwt	141.00–141.00	486	1
Steers	Medium and Large 1-2	—	446	156.00/cwt	156.00–156.00	696	5
Steers	Medium and Large 1	—	631	122.48/cwt	120.00–124.00	773	4
Steers	Medium and Large 1	—	420	150.00/cwt	150.00–150.00	630	1
Steers	Medium and Large 2	—	500	132.50/cwt	130.00–135.00	663	2
Steers	Medium and Large 2	—	375	160.47/cwt	158.00–163.00	602	2
Steers	Medium and Large 2	—	263	158.29/cwt	152.00–164.00	416	2
Bred Cows	Medium and Large 2	—	810	650.00/cwt	650.00–650.00	5,265	1
Bred Cows	Medium and Large 2	—	1,135	770.00/cwt	770.00–770.00	8,740	1
Bulls	Medium and Large 3	—	635	110.00/cwt	110.00–110.00	699	1
Bulls	Medium and Large 2	—	462	125.91/cwt	120.00–130.00	582	3
Bulls	Medium and Large 2	—	380	151.00/cwt	143.00–158.00	574	3
Bulls	Medium and Large 2	—	545	129.00/cwt	129.00–129.00	703	1
Bulls	Medium and Large 1	—	525	138.00/cwt	138.00–138.00	725	1
Bulls	Medium and Large 1	—	450	135.00/cwt	135.00–135.00	608	1
Cows	Boner 80-85%	—	1,339	62.64/cwt	60.00–65.50	839	7
Cows	Lean 85-90%	—	1,060	56.07/cwt	51.50–59.00	594	7
Cows	Lean 85-90%	—	960	35.37/cwt	30.00–38.50	340	4
Bulls	—	—	1,607	87.62/cwt	86.00–89.50	1,408	3
Bulls	—	—	1,582	91.80/cwt	90.50–93.00	1,452	3
Bulls	—	—	1,010	80.00/cwt	80.00–80.00	808	1
Heifers	Medium and Large 2	—	670	111.00/cwt	111.00–111.00	744	2
Heifers	Medium and Large 2	—	328	135.40/cwt	133.00–138.00	444	2
Heifers	Medium and Large 2	—	645	100.00/cwt	100.00–100.00	645	1
Heifers	Medium and Large 1-2	—	575	118.97/cwt	114.00–121.00	684	18
Heifers	Medium and Large 1-2	—	454	130.00/cwt	130.00–130.00	590	9
Cows	Lean 85-90%	—	1,000	47.72/cwt	45.00–50.00	477	4
Heifers	Medium and Large 2	—	518	117.36/cwt	113.00–120.00	608	3
Heifers	Medium and Large 2	—	373	132.76/cwt	125.00–137.00	495	3
Heifers	Medium and Large 3	—	645	100.00/cwt	100.00–100.00	645	1
Heifers	Medium and Large 3	—	545	105.00/cwt	105.00–105.00	572	1
Heifers	Medium and Large 3	—	300	117.00/cwt	117.00–117.00	351	1
Heifers	Medium and Large 2	—	487	122.68/cwt	120.00–124.00	597	3
Steers	Medium and Large 3	—	665	107.00/cwt	107.00–107.00	712	1
Heifers	Medium and Large 3	—	380	127.00/cwt	127.00–127.00	483	1
Heifers	Medium and Large 1-2	—	517	125.00/cwt	125.00–125.00	646	4
Heifers	Medium and Large 3	—	255	127.00/cwt	127.00–127.00	324	1
Heifers	Medium and Large 2	—	428	125.16/cwt	122.00–128.00	536	5
Heifers	Medium and Large 2	—	573	114.93/cwt	110.00–120.00	659	4
Steers	Medium and Large 2	—	308	164.72/cwt	161.00–168.00	507	3

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 9, 2020

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

Feeder CattleReceipts 178Last week 118Year ago 0

Slaughter CattleReceipts 32Last week 38Year ago 0

Replacement CattleReceipts 15Last week 17Year ago 0

Compared to last week: Feeder calves 3.00-5.00 lower. Slaughter cows and bulls were steady,

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	685	115.00–116.00	115.49
2	—	470	135.00–143.00	138.83
1	—	585	130.00	130.00
2	—	500	130.00–135.00	132.50
2	—	375	158.00–163.00	160.47
2	—	263	152.00–164.00	158.29
3	—	308	161.00–168.00	164.72
Steers — Medium and Large 3$ per cwt · actual wt
4	—	473	129.00–138.00	132.06
3	—	435	126.00–136.00	130.96
2	—	573	115.00–120.00	117.45
1	—	530	112.00	112.00
1	—	375	150.00	150.00
1	—	345	141.00	141.00
1	—	665	107.00	107.00
Steers — Medium and Large 1-2$ per cwt · actual wt
11	—	663	123.00–125.00	124.28
3	—	575	136.00	136.00
5	—	446	156.00	156.00
Steers — Medium and Large 1$ per cwt · actual wt
4	—	631	120.00–124.00	122.48
1	—	420	150.00	150.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	635	110.00	110.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	462	120.00–130.00	125.91
3	—	380	143.00–158.00	151.00
1	—	545	129.00	129.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	525	138.00	138.00
1	—	450	135.00	135.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	670	111.00	111.00
2	—	328	133.00–138.00	135.40
1	—	645	100.00	100.00
3	—	518	113.00–120.00	117.36
3	—	373	125.00–137.00	132.76
3	—	487	120.00–124.00	122.68
5	—	428	122.00–128.00	125.16
4	—	573	110.00–120.00	114.93
Heifers — Medium and Large 1-2$ per cwt · actual wt
18	—	575	114.00–121.00	118.97
9	—	454	130.00	130.00
4	—	517	125.00	125.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	645	100.00	100.00
1	—	545	105.00	105.00
1	—	300	117.00	117.00
1	—	380	127.00	127.00
1	—	255	127.00	127.00

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	—	810	650.00	650.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,135	770.00	770.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
7	—	1,339	60.00–65.50	62.64
Cows — Lean 85-90%$ per cwt · actual wt
7	—	1,060	51.50–59.00	56.07
4	—	960	30.00–38.50	35.37
4	—	1,000	45.00–50.00	47.72
Bulls$ per cwt · actual wt
3	—	1,607	86.00–89.50	87.62
3	—	1,582	90.50–93.00	91.80
1	—	1,010	80.00	80.00

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

Replacement Cattle

Slaughter Cattle