Sale reports / Mississippi / Meridian Livestock Auction / 2020-05-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 4
● Final69 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
302 head
102 vs last sale 404 302 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
78 head
36 vs last sale 42 78 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
83 head
48 vs last sale 35 83 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $121.38/cwt on 164 head.
Average price
$121.38
164 head · 636 lb average
Value per head Derived
$772
Price × average weight ÷ 100
Grade differential Derived
−$284
per head · Medium and Large 3 over Medium and Large 1-2
$4.75/cwt at this weight
vs the market
5.12
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3444123.755494thin
Medium and Large 2543123.4467129
Medium and Large 1615123.1975858
Medium and Large 1-2700119.0083373
One grade step is worth $4.75/cwt here — about −$284 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 sale164 hd
121.38
MS average12 barns · 1,469 hd
126.50
−5.12
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
BullsAverage1,43787.591,2593thin
CowsBoner 80-85%Average1,18553.1162925
CowsLean 85-90%Average91242.8339011

Every lot, as filed

69 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
Cow-Calf PairsMedium and Large 28491,070.86/cwt1,025.00–1,130.009,09212
Cow-Calf PairsMedium and Large 21,2891,044.01/cwt920.00–1,200.0013,45718
Cow-Calf PairsMedium and Large 2990910.00/cwt910.00–910.009,0092
SteersMedium and Large 3585104.00/cwt104.00–104.006081
SteersMedium and Large 3540116.00/cwt116.00–116.006261
SteersMedium and Large 3380139.00/cwt139.00–139.005281
SteersMedium and Large 3270136.00/cwt136.00–136.003671
SteersMedium and Large 2790105.92/cwt99.00–107.008377
SteersMedium and Large 2460130.14/cwt126.00–137.005997
SteersMedium and Large 2562114.81/cwt113.00–122.006455
SteersMedium and Large 2543118.00/cwt118.00–118.006413
SteersMedium and Large 2372146.45/cwt141.00–149.005453
SteersMedium and Large 2273150.47/cwt150.00–151.004112
SteersMedium and Large 2600108.00/cwt108.00–108.006481
SteersMedium and Large 2305151.00/cwt151.00–151.004611
SteersMedium and Large 1-2700119.00/cwt119.00–119.0083373
SteersMedium and Large 1670113.84/cwt110.00–120.0076311
SteersMedium and Large 1728109.88/cwt109.00–110.008008
SteersMedium and Large 1424143.35/cwt140.00–146.006088
SteersMedium and Large 188397.00/cwt97.00–97.008576
SteersMedium and Large 1778106.66/cwt100.00–108.008306
SteersMedium and Large 1363156.00/cwt156.00–156.005666
SteersMedium and Large 1525132.85/cwt128.00–134.006975
SteersMedium and Large 1640113.01/cwt111.00–115.007233
SteersMedium and Large 1463144.00/cwt144.00–144.006672
SteersMedium and Large 1328159.47/cwt159.00–160.005232
SteersMedium and Large 183099.00/cwt99.00–99.008221
HeifersMedium and Large 3273116.46/cwt115.00–118.003182
HeifersMedium and Large 3595100.00/cwt100.00–100.005951
HeifersMedium and Large 351599.00/cwt99.00–99.005101
HeifersMedium and Large 3455103.00/cwt103.00–103.004691
HeifersMedium and Large 3445105.00/cwt105.00–105.004671
CowsLean 85-90%94845.71/cwt43.00–48.504336
CowsLean 85-90%86839.38/cwt35.00–44.003425
CowsBoner 80-85%1,18553.11/cwt48.50–59.0062925
Bulls1,51890.14/cwt89.00–91.501,3682
Bulls1,27582.50/cwt82.50–82.501,0521
Bred CowsMedium and Large 2805750.00/cwt750.00–750.006,0381
Bred CowsMedium and Large 21,118853.46/cwt730.00–925.009,5422
Bred CowsMedium and Large 21,082852.11/cwt820.00–890.009,2203
Bred CowsMedium and Large 21,310975.00/cwt975.00–975.0012,7731
HeifersMedium and Large 3230113.00/cwt113.00–113.002601
HeifersMedium and Large 2373123.84/cwt121.00–127.004627
HeifersMedium and Large 275993.67/cwt92.00–94.007116
HeifersMedium and Large 2466114.76/cwt113.00–117.005355
HeifersMedium and Large 2680100.00/cwt100.00–100.006804
HeifersMedium and Large 2525108.27/cwt104.00–116.005684
HeifersMedium and Large 2326122.00/cwt121.00–124.003984
HeifersMedium and Large 273292.65/cwt92.00–94.006783
HeifersMedium and Large 2418117.26/cwt115.00–119.004903
HeifersMedium and Large 2563107.56/cwt105.00–110.006062
HeifersMedium and Large 2275128.00/cwt127.00–129.003522
HeifersMedium and Large 1410130.50/cwt123.00–133.005358
HeifersMedium and Large 1516119.39/cwt115.00–123.006167
HeifersMedium and Large 1615107.97/cwt105.00–110.006645
HeifersMedium and Large 1323133.60/cwt128.00–137.004324
HeifersMedium and Large 1660101.00/cwt101.00–101.006672
HeifersMedium and Large 1453121.99/cwt120.00–124.005532
HeifersMedium and Large 1395129.00/cwt129.00–129.005101
BullsMedium and Large 369596.00/cwt96.00–96.006671
BullsMedium and Large 3525105.00/cwt105.00–105.005511
BullsMedium and Large 2631103.73/cwt101.00–105.006554
BullsMedium and Large 2668105.37/cwt102.00–108.007043
BullsMedium and Large 2570110.97/cwt110.00–112.006332
BullsMedium and Large 2710100.00/cwt100.00–100.007101
BullsMedium and Large 1520122.76/cwt113.00–128.006383
BullsMedium and Large 1468127.75/cwt120.00–135.005983
BullsMedium and Large 1580114.00/cwt114.00–114.006611
BullsMedium and Large 1445122.00/cwt122.00–122.005431

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.