Name: Meridian Livestock Auction livestock auction prices — 2020-04-06
Creator: RaisedBeef
Published: 2020-04-06

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady. Sold 68 head of steers black hided 692 lb average @ $1.1550 per lb, 59 head of black steers average weight 831 lbs @ $ .98 per lb.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $104.53/cwt on 315 head.

Average price

$104.53

315 head · 720 lb average

Value per head Derived

$752

Price × average weight ÷ 100

Grade differential Derived

−$20

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

$54.72/cwt at this weight

vs the market

−17.18

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	430	148.47	638	8thin
Medium and Large 2	521	126.96	661	34
Medium and Large 1-2	774	103.18	798	194
Medium and Large 3	702	93.75	658	79

One grade step is worth $54.72/cwt here — about −$20 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 sale315 hd

104.53

—

MS average11 barns · 983 hd

121.72

−17.18

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	1,420	77.97	1,107	4thin
Cows	Boner 80-85%	Average	1,093	52.82	577	7thin
Cows	Lean 85-90%	Average	955	43.86	419	12

Every lot, as filed

57 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
Heifers	Medium and Large 2	—	521	105.85/cwt	103.00–114.00	551	7
Heifers	Medium and Large 2	—	415	115.69/cwt	110.00–119.00	480	7
Heifers	Medium and Large 2	—	562	108.00/cwt	108.00–108.00	607	3
Heifers	Medium and Large 2	—	472	107.29/cwt	104.00–110.00	506	3
Heifers	Medium and Large 2	—	620	101.03/cwt	99.00–103.00	626	2
Heifers	Medium and Large 2	—	365	122.00/cwt	120.00–124.00	445	2
Heifers	Medium and Large 2	—	760	90.00/cwt	90.00–90.00	684	1
Heifers	Medium and Large 2	—	725	96.00/cwt	96.00–96.00	696	1
Heifers	Medium and Large 2	—	215	125.00/cwt	125.00–125.00	269	1
Heifers	Medium and Large 1	—	510	120.00/cwt	120.00–120.00	612	1
Bulls	Medium and Large 3	—	569	108.78/cwt	105.00–111.00	619	5
Bulls	Medium and Large 3	—	675	96.00/cwt	96.00–96.00	648	1
Bulls	Medium and Large 3	—	630	92.00/cwt	92.00–92.00	580	1
Bulls	Medium and Large 3	—	520	104.00/cwt	104.00–104.00	541	1
Bulls	Medium and Large 3	—	445	125.00/cwt	125.00–125.00	556	1
Bulls	Medium and Large 2	—	725	105.00/cwt	105.00–105.00	761	1
Bulls	Medium and Large 2	—	630	90.00/cwt	90.00–90.00	567	1
Bulls	Medium and Large 2	—	505	120.00/cwt	120.00–120.00	606	1
Bulls	Medium and Large 2	—	490	124.00/cwt	124.00–124.00	608	1
Bulls	Medium and Large 2	—	365	136.00/cwt	136.00–136.00	496	1
Bulls	Medium and Large 1	—	357	148.03/cwt	145.00–150.00	528	3
Bulls	Medium and Large 1	—	475	122.51/cwt	122.00–123.00	582	2
Bulls	Medium and Large 1	—	415	140.00/cwt	140.00–140.00	581	1
Steers	Medium and Large 3	—	720	93.00/cwt	93.00–93.00	670	69
Steers	Medium and Large 3	—	603	94.00/cwt	94.00–94.00	567	8
Steers	Medium and Large 1-2	—	793	97.00/cwt	97.00–97.00	769	60
Steers	Medium and Large 1-2	—	831	98.00/cwt	98.00–98.00	814	59
Steers	Medium and Large 1-2	—	918	85.00/cwt	85.00–85.00	780	7
Cows	Lean 85-90%	—	1,013	48.56/cwt	47.00–49.50	492	8
Cows	Lean 85-90%	—	838	34.45/cwt	30.00–37.50	289	4
Cows	Boner 80-85%	—	1,093	52.82/cwt	51.00–57.50	577	7
Bulls	—	—	1,420	77.97/cwt	74.00–81.50	1,107	4
Bred Cows	Medium and Large 2	—	845	800.00/cwt	800.00–800.00	6,760	1
Bred Cows	Medium and Large 2	—	870	860.00/cwt	860.00–860.00	7,482	1
Bred Cows	Medium and Large 2	—	1,000	864.15/cwt	750.00–1,010.00	8,642	4
Bred Cows	Medium and Large 2	—	1,325	790.00/cwt	790.00–790.00	10,468	1
Cow-Calf Pairs	Medium and Large 2	—	1,055	920.00/cwt	920.00–920.00	9,706	2
Cow-Calf Pairs	Medium and Large 2	—	1,325	1,036.47/cwt	970.00–1,100.00	13,733	6
Steers	Medium and Large 3	—	585	111.00/cwt	111.00–111.00	649	1
Steers	Medium and Large 3	—	355	126.00/cwt	126.00–126.00	447	1
Steers	Medium and Large 2	—	575	123.77/cwt	115.00–125.00	712	15
Steers	Medium and Large 2	—	474	129.30/cwt	129.00–132.00	613	10
Steers	Medium and Large 2	—	526	120.28/cwt	114.00–127.00	633	4
Steers	Medium and Large 2	—	325	152.69/cwt	152.00–153.00	496	3
Steers	Medium and Large 2	—	670	113.00/cwt	113.00–113.00	757	1
Steers	Medium and Large 2	—	600	115.00/cwt	115.00–115.00	690	1
Steers	Medium and Large 1-2	—	692	115.00/cwt	115.00–115.00	796	68
Steers	Medium and Large 1	—	435	149.94/cwt	149.00–153.00	652	4
Steers	Medium and Large 1	—	540	132.50/cwt	131.00–134.00	716	2
Steers	Medium and Large 1	—	330	162.00/cwt	162.00–162.00	535	1
Steers	Medium and Large 1	—	290	161.00/cwt	161.00–161.00	467	1
Heifers	Medium and Large 3	—	540	93.97/cwt	91.00–97.00	507	2
Heifers	Medium and Large 3	—	493	104.50/cwt	104.00–105.00	515	2
Heifers	Medium and Large 3	—	365	113.45/cwt	110.00–117.00	414	2
Heifers	Medium and Large 3	—	425	100.00/cwt	100.00–100.00	425	1
Heifers	Medium and Large 3	—	330	113.00/cwt	113.00–113.00	373	1
Heifers	Medium and Large 2	—	674	98.11/cwt	95.00–102.00	661	10

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 Apr 6, 2020

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

Feeder CattleReceipts 509Last week 119Year ago 0

Slaughter CattleReceipts 29Last week 57Year ago 0

Replacement CattleReceipts 31Last week 25Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
7	—	521	103.00–114.00	105.85
7	—	415	110.00–119.00	115.69
3	—	562	108.00	108.00
3	—	472	104.00–110.00	107.29
2	—	620	99.00–103.00	101.03
2	—	365	120.00–124.00	122.00
1	—	760	90.00	90.00
1	—	725	96.00	96.00
1	—	215	125.00	125.00
10	—	674	95.00–102.00	98.11
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	510	120.00	120.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	540	91.00–97.00	93.97
2	—	493	104.00–105.00	104.50
2	—	365	110.00–117.00	113.45
1	—	425	100.00	100.00
1	—	330	113.00	113.00
Bulls — Medium and Large 3$ per cwt · actual wt
5	—	569	105.00–111.00	108.78
1	—	675	96.00	96.00
1	—	630	92.00	92.00
1	—	520	104.00	104.00
1	—	445	125.00	125.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	725	105.00	105.00
1	—	630	90.00	90.00
1	—	505	120.00	120.00
1	—	490	124.00	124.00
1	—	365	136.00	136.00
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	357	145.00–150.00	148.03
2	—	475	122.00–123.00	122.51
1	—	415	140.00	140.00
Steers — Medium and Large 3$ per cwt · actual wt
69	—	720	93.00	93.00
8	—	603	94.00	94.00
1	—	585	111.00	111.00
1	—	355	126.00	126.00
Steers — Medium and Large 1-2$ per cwt · actual wt
60	—	793	97.00	97.00
59	—	831	98.00	98.00
7	—	918	85.00	85.00
68	—	692	115.00	115.00
Steers — Medium and Large 2$ per cwt · actual wt
15	—	575	115.00–125.00	123.77
10	—	474	129.00–132.00	129.30
4	—	526	114.00–127.00	120.28
3	—	325	152.00–153.00	152.69
1	—	670	113.00	113.00
1	—	600	115.00	115.00
Steers — Medium and Large 1$ per cwt · actual wt
4	—	435	149.00–153.00	149.94
2	—	540	131.00–134.00	132.50
1	—	330	162.00	162.00
1	—	290	161.00	161.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,013	47.00–49.50	48.56
4	—	838	30.00–37.50	34.45
Cows — Boner 80-85%$ per cwt · actual wt
7	—	1,093	51.00–57.50	52.82
Bulls$ per cwt · actual wt
4	—	1,420	74.00–81.50	77.97

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
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	845	800.00	800.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	870	860.00	860.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	4	—	1,000	750.00–1,010.00	864.15
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,325	790.00	790.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,055	920.00	920.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	6	—	1,325	970.00–1,100.00	1,036.47

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