Sale reports / Mississippi / Meridian Livestock Auction / 2020-04-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 27
● Final73 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
404 head
208 vs last sale 196 404 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
42 head
1 vs last sale 41 42 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
35 head
28 vs last sale 7 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 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 $112.65/cwt on 203 head.
Average price
$112.65
203 head · 573 lb average
Value per head Derived
$645
Price × average weight ÷ 100
Grade differential Derived
−$44
per head · Medium and Large 1 over Medium and Large 3
$23.98/cwt at this weight
vs the market
1.32
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1355130.6746421
Medium and Large 2465113.3152718thin
Medium and Large 1-2634110.83703142
Medium and Large 3475106.6950722
One grade step is worth $23.98/cwt here — about −$44 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 sale203 hd
112.65
MS average12 barns · 1,215 hd
113.97
−1.32
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsHigh1,66888.911,4838thin
CowsBoner 80-85%High1,22160.3273726
CowsLean 85-90%Very Low1,01150.0350624

Every lot, as filed

73 lots · USDA AMS · Meridian Stockyard - Meridian, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 3521102.31/cwt95.00–108.005335
HeifersMedium and Large 3491107.20/cwt100.00–110.005265
HeifersMedium and Large 3425110.00/cwt110.00–110.004682
SteersMedium and Large 1280161.00/cwt161.00–161.004511
HeifersMedium and Large 357398.89/cwt90.00–107.005676
HeifersMedium and Large 3228123.62/cwt120.00–127.002822
HeifersMedium and Large 3370119.00/cwt119.00–119.004401
HeifersMedium and Large 3285120.00/cwt120.00–120.003421
HeifersMedium and Large 2429113.01/cwt111.00–115.004854
HeifersMedium and Large 2517110.98/cwt110.00–112.005743
HeifersMedium and Large 2372123.97/cwt123.00–125.004613
HeifersMedium and Large 2318123.57/cwt121.00–126.003933
HeifersMedium and Large 271091.01/cwt90.00–92.006462
HeifersMedium and Large 2600106.00/cwt106.00–106.006361
HeifersMedium and Large 2560110.00/cwt110.00–110.006161
HeifersMedium and Large 2460114.00/cwt114.00–114.005241
HeifersMedium and Large 1-2510123.00/cwt123.00–123.0062778
HeifersMedium and Large 1-278596.00/cwt96.00–96.0075464
HeifersMedium and Large 1380132.64/cwt129.00–133.0050411
HeifersMedium and Large 1285132.00/cwt132.00–132.003767
HeifersMedium and Large 1405121.47/cwt119.00–124.004922
HeifersMedium and Large 1465118.00/cwt118.00–118.005491
BullsMedium and Large 356699.88/cwt95.00–105.005656
BullsMedium and Large 363092.44/cwt90.00–95.005822
BullsMedium and Large 365090.00/cwt90.00–90.005851
BullsMedium and Large 2531114.51/cwt113.00–117.006084
BullsMedium and Large 2471120.96/cwt112.00–127.005704
BullsMedium and Large 2610102.00/cwt102.00–102.006222
BullsMedium and Large 2550110.00/cwt110.00–110.006051
BullsMedium and Large 1420131.02/cwt130.00–132.005502
BullsMedium and Large 1515120.00/cwt120.00–120.006181
BullsMedium and Large 1450136.00/cwt136.00–136.006121
CowsLean 85-90%91540.00/cwt40.00–40.003661
CowsBoner 80-85%1,34065.00/cwt65.00–65.008712
Bulls1,74896.59/cwt96.00–97.001,6882
Bulls1,30379.82/cwt75.00–83.001,0402
SteersMedium and Large 290090.00/cwt90.00–90.008101
CowsLean 85-90%1,02751.86/cwt48.00–55.0053319
CowsLean 85-90%95643.87/cwt42.50–45.504194
CowsBoner 80-85%1,20260.74/cwt57.00–63.0073020
CowsBoner 80-85%1,25855.87/cwt55.50–56.007034
Bulls1,81089.61/cwt84.50–91.001,6224
Bred CowsMedium and Large 21,1751,038.17/cwt850.00–1,180.0012,1982
Bred CowsMedium and Large 21,235920.00/cwt920.00–920.0011,3621
Bred CowsMedium and Large 21,151845.30/cwt750.00–970.009,7297
Bred CowsMedium and Large 21,3451,180.00/cwt1,180.00–1,180.0015,8711
Cow-Calf PairsMedium and Large 21,2751,000.00/cwt1,000.00–1,000.0012,7502
SteersMedium and Large 3574111.47/cwt108.00–114.006404
SteersMedium and Large 3678100.00/cwt100.00–100.006783
SteersMedium and Large 3545112.00/cwt112.00–112.006101
SteersMedium and Large 3435120.00/cwt120.00–120.005221
SteersMedium and Large 2712111.16/cwt109.00–113.0079122
SteersMedium and Large 2628112.69/cwt97.00–115.0070814
SteersMedium and Large 2475134.84/cwt129.00–139.0064011
SteersMedium and Large 2374149.65/cwt145.00–155.005607
SteersMedium and Large 2584115.27/cwt113.00–118.006734
SteersMedium and Large 2321150.72/cwt150.00–152.004844
SteersMedium and Large 2440132.65/cwt130.00–134.005843
SteersMedium and Large 287295.00/cwt95.00–95.008282
SteersMedium and Large 266898.54/cwt97.00–100.006582
SteersMedium and Large 283096.00/cwt96.00–96.007971
SteersMedium and Large 2545120.00/cwt120.00–120.006541
SteersMedium and Large 2295152.00/cwt152.00–152.004481
SteersMedium and Large 1-283499.00/cwt99.00–99.0082610
SteersMedium and Large 1430143.16/cwt140.00–148.0061610
SteersMedium and Large 1506129.74/cwt128.00–131.006564
SteersMedium and Large 1322160.83/cwt158.00–165.005184
SteersMedium and Large 1668114.50/cwt114.00–115.007652
SteersMedium and Large 1563123.50/cwt123.00–124.006952
SteersMedium and Large 11,000105.00/cwt105.00–105.001,0501
SteersMedium and Large 1720110.00/cwt110.00–110.007921
SteersMedium and Large 1610117.00/cwt117.00–117.007141
SteersMedium and Large 1480141.00/cwt141.00–141.006771

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.