Name: Meridian Livestock Auction livestock auction prices — 2020-03-16
Creator: RaisedBeef
Published: 2020-03-16

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 15.00-20.00 lower. Slaughter cows and bulls were steady. Had some nice pairs and bred cows from a small sell out.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $101.75/cwt on 25 head.

Average price

$101.75

25 head · 382 lb average

Value per head Derived

$388

Price × average weight ÷ 100

Grade differential Derived

$14

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

$12.27/cwt at this weight

vs the market

−14.02

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	366	107.64	394	13thin
Medium and Large 3	399	95.37	380	12thin

One grade step is worth $12.27/cwt here — about $14 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 sale25 hd

101.75

—

MS average12 barns · 456 hd

115.77

−14.02

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	1,553	80.42	1,249	10
Cows	Premium White 65-75%	Average	1,165	63.50	740	1thin
Cows	Boner 80-85%	Average	1,265	62.51	791	15
Cows	Breaker 75-80%	Average	1,598	58.80	940	3thin
Cows	Lean 85-90%	Average	1,046	53.55	560	7thin

Every lot, as filed

44 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	—	360	117.00/cwt	117.00–117.00	421	1
Bulls	Medium and Large 2	—	530	105.97/cwt	105.00–107.00	562	2
Bulls	Medium and Large 2	—	573	103.58/cwt	100.00–107.00	594	3
Bulls	Medium and Large 3	—	435	98.00/cwt	98.00–98.00	426	1
Bulls	Medium and Large 3	—	500	90.00/cwt	90.00–90.00	450	1
Bulls	Medium and Large 3	—	620	85.00/cwt	85.00–85.00	527	1
Bred Cows	Medium and Large 2	—	1,110	800.00/cwt	800.00–800.00	8,880	1
Bred Cows	Medium and Large 2	—	840	660.00/cwt	660.00–660.00	5,544	1
Steers	Medium and Large 2	—	565	105.54/cwt	103.00–108.00	596	2
Steers	Medium and Large 2	—	270	125.04/cwt	123.00–127.00	338	3
Cow-Calf Pairs	Medium and Large 2	—	1,418	1,185.43/cwt	1,150.00–1,220.00	16,809	4
Cow-Calf Pairs	Medium and Large 2	—	1,153	1,057.03/cwt	1,000.00–1,110.00	12,188	4
Cow-Calf Pairs	Medium and Large 2	—	1,227	1,055.31/cwt	990.00–1,140.00	12,949	18
Bred Cows	Medium and Large 2	—	1,240	797.49/cwt	710.00–840.00	9,889	3
Steers	Medium and Large 3	—	230	114.00/cwt	114.00–114.00	262	1
Steers	Medium and Large 3	—	725	85.00/cwt	85.00–85.00	616	1
Steers	Medium and Large 1	—	310	136.00/cwt	136.00–136.00	422	1
Steers	Medium and Large 1	—	365	139.05/cwt	136.00–141.00	508	3
Steers	Medium and Large 2	—	390	121.00/cwt	121.00–121.00	472	1
Steers	Medium and Large 2	—	475	121.00/cwt	121.00–121.00	575	1
Heifers	Medium and Large 3	—	270	96.39/cwt	95.00–98.00	260	2
Heifers	Medium and Large 3	—	315	98.38/cwt	96.00–101.00	310	2
Heifers	Medium and Large 3	—	418	95.96/cwt	94.00–98.00	401	2
Heifers	Medium and Large 3	—	481	95.23/cwt	93.00–98.00	458	4
Steers	Medium and Large 2	—	314	123.72/cwt	121.00–126.00	388	4
Steers	Medium and Large 2	—	433	124.06/cwt	121.00–128.00	537	4
Heifers	Medium and Large 2	—	368	111.48/cwt	108.00–115.00	410	2
Heifers	Medium and Large 2	—	423	108.92/cwt	107.00–111.00	461	2
Heifers	Medium and Large 2	—	258	106.97/cwt	105.00–110.00	276	3
Heifers	Medium and Large 2	—	334	110.90/cwt	105.00–116.00	370	4
Heifers	Medium and Large 3	—	350	90.00/cwt	90.00–90.00	315	1
Heifers	Medium and Large 3	—	505	92.00/cwt	92.00–92.00	465	1
Cows	Lean 85-90%	—	1,046	53.55/cwt	50.00–58.50	560	7
Cows	Premium White 65-75%	—	1,165	63.50/cwt	63.50–63.50	740	1
Cows	Boner 80-85%	—	1,265	62.51/cwt	58.50–67.00	791	15
Cows	Breaker 75-80%	—	1,598	58.80/cwt	57.00–60.50	940	3
Heifers	Medium and Large 2	—	450	102.00/cwt	102.00–102.00	459	1
Heifers	Medium and Large 2	—	615	92.00/cwt	92.00–92.00	566	1
Bulls	—	—	1,675	75.50/cwt	75.50–75.50	1,265	1
Bulls	—	—	1,730	92.18/cwt	91.00–93.50	1,595	2
Bulls	—	—	1,747	85.58/cwt	82.00–87.00	1,495	3
Bulls	—	—	1,289	71.90/cwt	69.00–74.00	927	4
Bulls	Medium and Large 3	—	690	86.00/cwt	86.00–86.00	593	1
Bulls	Medium and Large 3	—	725	82.00/cwt	82.00–82.00	595	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 16, 2020

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

Feeder CattleReceipts 75Last week 178Year ago 0

Slaughter CattleReceipts 38Last week 32Year ago 0

Replacement CattleReceipts 34Last week 15Year ago 0

Compared to last week: Feeder calves were 15.00-20.00 lower. Slaughter cows and bulls were steady. Had some nice pairs and bred cows from a small sell out.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	360	117.00	117.00
2	—	530	105.00–107.00	105.97
3	—	573	100.00–107.00	103.58
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	435	98.00	98.00
1	—	500	90.00	90.00
1	—	620	85.00	85.00
1	—	690	86.00	86.00
1	—	725	82.00	82.00
Steers — Medium and Large 2$ per cwt · actual wt
2	—	565	103.00–108.00	105.54
3	—	270	123.00–127.00	125.04
1	—	390	121.00	121.00
1	—	475	121.00	121.00
4	—	314	121.00–126.00	123.72
4	—	433	121.00–128.00	124.06
Steers — Medium and Large 3$ per cwt · actual wt
1	—	230	114.00	114.00
1	—	725	85.00	85.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	310	136.00	136.00
3	—	365	136.00–141.00	139.05
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	270	95.00–98.00	96.39
2	—	315	96.00–101.00	98.38
2	—	418	94.00–98.00	95.96
4	—	481	93.00–98.00	95.23
1	—	350	90.00	90.00
1	—	505	92.00	92.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	368	108.00–115.00	111.48
2	—	423	107.00–111.00	108.92
3	—	258	105.00–110.00	106.97
4	—	334	105.00–116.00	110.90
1	—	450	102.00	102.00
1	—	615	92.00	92.00

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	—	1,110	800.00	800.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	840	660.00	660.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	3	—	1,240	710.00–840.00	797.49
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	4	—	1,418	1,150.00–1,220.00	1,185.43
Middle Aged (5-8 yrs)	Open	4	—	1,153	1,000.00–1,110.00	1,057.03
Middle Aged (5-8 yrs)	Open	18	—	1,227	990.00–1,140.00	1,055.31

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	1,046	50.00–58.50	53.55
Cows — Premium White 65-75%$ per cwt · actual wt
1	—	1,165	63.50	63.50
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,265	58.50–67.00	62.51
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,598	57.00–60.50	58.80
Bulls$ per cwt · actual wt
1	—	1,675	75.50	75.50
2	—	1,730	91.00–93.50	92.18
3	—	1,747	82.00–87.00	85.58
4	—	1,289	69.00–74.00	71.90

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