Name: Meridian Livestock Auction livestock auction prices — 2020-03-23
Creator: RaisedBeef
Published: 2020-03-23

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 3.00-5.00 higher. Slaughter cows and bulls were 3.00-10.00 higher.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $114.54/cwt on 32 head.

Average price

$114.54

32 head · 502 lb average

Value per head Derived

$575

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

−3.93

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	502	114.54	575	32

Only one grade was reported at this weight, so there is no spread to compute.

How it compared 0–100 lb

Same class and week · spot auction only

This sale32 hd

114.54

—

MS average10 barns · 316 hd

118.47

−3.93

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	1,471	90.50	1,331	5thin
Cows	Boner 80-85%	High	1,173	67.10	787	18
Cows	Lean 85-90%	Low	959	50.78	487	7thin

Every lot, as filed

24 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	—	410	144.00/cwt	144.00–144.00	590	1
Bulls	Medium and Large 1	—	375	144.26/cwt	140.00–149.00	541	2
Bulls	Medium and Large 2	—	375	125.00/cwt	125.00–125.00	469	1
Bulls	Medium and Large 2	—	283	152.05/cwt	150.00–154.00	430	2
Bulls	—	—	1,285	89.50/cwt	89.50–89.50	1,150	1
Bulls	—	—	1,810	100.00/cwt	100.00–100.00	1,810	1
Heifers	Medium and Large 2	—	493	118.86/cwt	109.00–120.00	586	11
Steers	Medium and Large 1	—	330	160.00/cwt	160.00–160.00	528	1
Steers	Medium and Large 1	—	360	160.00/cwt	160.00–160.00	576	1
Steers	Medium and Large 1	—	445	145.00/cwt	145.00–145.00	645	1
Bred Cows	Medium and Large 2	—	1,085	750.00/cwt	750.00–750.00	8,138	1
Bred Cows	Medium and Large 2	—	1,075	900.00/cwt	900.00–900.00	9,675	1
Heifers	Medium and Large 2	—	325	120.00/cwt	120.00–120.00	390	1
Heifers	Medium and Large 2	—	420	112.00/cwt	112.00–112.00	470	1
Heifers	Medium and Large 2	—	605	95.00/cwt	95.00–95.00	575	1
Heifers	Medium and Large 2	—	387	121.57/cwt	116.00–127.00	470	3
Heifers	Medium and Large 2	—	515	112.96/cwt	110.00–116.00	582	4
Heifers	Medium and Large 2	—	577	108.03/cwt	101.00–110.00	623	10
Bulls	—	—	1,420	87.66/cwt	87.50–88.00	1,245	3
Cows	Boner 80-85%	—	1,277	71.06/cwt	70.00–74.00	907	7
Cows	Boner 80-85%	—	1,106	64.58/cwt	60.00–69.50	714	11
Cows	Lean 85-90%	—	950	46.04/cwt	45.00–48.00	437	3
Cows	Lean 85-90%	—	966	54.34/cwt	51.00–59.00	525	4
Heifers	Medium and Large 2	—	290	134.00/cwt	134.00–134.00	389	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 23, 2020

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

Feeder CattleReceipts 66Last week 75Year ago 0

Slaughter CattleReceipts 42Last week 38Year ago 0

Replacement CattleReceipts 12Last week 34Year ago 0

Compared to last week: Feeder calves were 3.00-5.00 higher. Slaughter cows and bulls were 3.00-10.00 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	410	144.00	144.00
2	—	375	140.00–149.00	144.26
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	375	125.00	125.00
2	—	283	150.00–154.00	152.05
Heifers — Medium and Large 2$ per cwt · actual wt
11	—	493	109.00–120.00	118.86
1	—	325	120.00	120.00
1	—	420	112.00	112.00
1	—	605	95.00	95.00
3	—	387	116.00–127.00	121.57
4	—	515	110.00–116.00	112.96
10	—	577	101.00–110.00	108.03
1	—	290	134.00	134.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	330	160.00	160.00
1	—	360	160.00	160.00
1	—	445	145.00	145.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,285	89.50	89.50
1	—	1,810	100.00	100.00
3	—	1,420	87.50–88.00	87.66
Cows — Boner 80-85%$ per cwt · actual wt
7	—	1,277	70.00–74.00	71.06
11	—	1,106	60.00–69.50	64.58
Cows — Lean 85-90%$ per cwt · actual wt
3	—	950	45.00–48.00	46.04
4	—	966	51.00–59.00	54.34

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	—	1,085	750.00	750.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,075	900.00	900.00

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

Slaughter Cattle

Replacement Cattle