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
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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
Bulls—Average1,43787.591,2593thin
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 2—8491,070.86/cwt1,025.00–1,130.009,09212
Cow-Calf PairsMedium and Large 2—1,2891,044.01/cwt920.00–1,200.0013,45718
Cow-Calf PairsMedium and Large 2—990910.00/cwt910.00–910.009,0092
SteersMedium and Large 3—585104.00/cwt104.00–104.006081
SteersMedium and Large 3—540116.00/cwt116.00–116.006261
SteersMedium and Large 3—380139.00/cwt139.00–139.005281
SteersMedium and Large 3—270136.00/cwt136.00–136.003671
SteersMedium and Large 2—790105.92/cwt99.00–107.008377
SteersMedium and Large 2—460130.14/cwt126.00–137.005997
SteersMedium and Large 2—562114.81/cwt113.00–122.006455
SteersMedium and Large 2—543118.00/cwt118.00–118.006413
SteersMedium and Large 2—372146.45/cwt141.00–149.005453
SteersMedium and Large 2—273150.47/cwt150.00–151.004112
SteersMedium and Large 2—600108.00/cwt108.00–108.006481
SteersMedium and Large 2—305151.00/cwt151.00–151.004611
SteersMedium and Large 1-2—700119.00/cwt119.00–119.0083373
SteersMedium and Large 1—670113.84/cwt110.00–120.0076311
SteersMedium and Large 1—728109.88/cwt109.00–110.008008
SteersMedium and Large 1—424143.35/cwt140.00–146.006088
SteersMedium and Large 1—88397.00/cwt97.00–97.008576
SteersMedium and Large 1—778106.66/cwt100.00–108.008306
SteersMedium and Large 1—363156.00/cwt156.00–156.005666
SteersMedium and Large 1—525132.85/cwt128.00–134.006975
SteersMedium and Large 1—640113.01/cwt111.00–115.007233
SteersMedium and Large 1—463144.00/cwt144.00–144.006672
SteersMedium and Large 1—328159.47/cwt159.00–160.005232
SteersMedium and Large 1—83099.00/cwt99.00–99.008221
HeifersMedium and Large 3—273116.46/cwt115.00–118.003182
HeifersMedium and Large 3—595100.00/cwt100.00–100.005951
HeifersMedium and Large 3—51599.00/cwt99.00–99.005101
HeifersMedium and Large 3—455103.00/cwt103.00–103.004691
HeifersMedium and Large 3—445105.00/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
Bulls——1,51890.14/cwt89.00–91.501,3682
Bulls——1,27582.50/cwt82.50–82.501,0521
Bred CowsMedium and Large 2—805750.00/cwt750.00–750.006,0381
Bred CowsMedium and Large 2—1,118853.46/cwt730.00–925.009,5422
Bred CowsMedium and Large 2—1,082852.11/cwt820.00–890.009,2203
Bred CowsMedium and Large 2—1,310975.00/cwt975.00–975.0012,7731
HeifersMedium and Large 3—230113.00/cwt113.00–113.002601
HeifersMedium and Large 2—373123.84/cwt121.00–127.004627
HeifersMedium and Large 2—75993.67/cwt92.00–94.007116
HeifersMedium and Large 2—466114.76/cwt113.00–117.005355
HeifersMedium and Large 2—680100.00/cwt100.00–100.006804
HeifersMedium and Large 2—525108.27/cwt104.00–116.005684
HeifersMedium and Large 2—326122.00/cwt121.00–124.003984
HeifersMedium and Large 2—73292.65/cwt92.00–94.006783
HeifersMedium and Large 2—418117.26/cwt115.00–119.004903
HeifersMedium and Large 2—563107.56/cwt105.00–110.006062
HeifersMedium and Large 2—275128.00/cwt127.00–129.003522
HeifersMedium and Large 1—410130.50/cwt123.00–133.005358
HeifersMedium and Large 1—516119.39/cwt115.00–123.006167
HeifersMedium and Large 1—615107.97/cwt105.00–110.006645
HeifersMedium and Large 1—323133.60/cwt128.00–137.004324
HeifersMedium and Large 1—660101.00/cwt101.00–101.006672
HeifersMedium and Large 1—453121.99/cwt120.00–124.005532
HeifersMedium and Large 1—395129.00/cwt129.00–129.005101
BullsMedium and Large 3—69596.00/cwt96.00–96.006671
BullsMedium and Large 3—525105.00/cwt105.00–105.005511
BullsMedium and Large 2—631103.73/cwt101.00–105.006554
BullsMedium and Large 2—668105.37/cwt102.00–108.007043
BullsMedium and Large 2—570110.97/cwt110.00–112.006332
BullsMedium and Large 2—710100.00/cwt100.00–100.007101
BullsMedium and Large 1—520122.76/cwt113.00–128.006383
BullsMedium and Large 1—468127.75/cwt120.00–135.005983
BullsMedium and Large 1—580114.00/cwt114.00–114.006611
BullsMedium and Large 1—445122.00/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.