Name: Meridian Livestock Auction livestock auction prices — 2020-05-11
Creator: RaisedBeef
Published: 2020-05-11

Reporter comment USDA

As filed

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

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $110.35/cwt on 146 head.

Average price

$110.35

146 head · 633 lb average

Value per head Derived

$698

Price × average weight ÷ 100

Grade differential Derived

$44

per head · Medium and Large 1 over Medium and Large 2

$5.14/cwt at this weight

vs the market

−6.18

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	576	113.55	654	31
Medium and Large 1-2	692	110.00	761	77
Medium and Large 3	455	110.00	501	1thin
Medium and Large 2	563	108.41	610	37

One grade step is worth $5.14/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 sale146 hd

110.35

—

MS average13 barns · 1,215 hd

116.53

−6.18

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	1,700	93.57	1,591	4thin
Cows	Breaker 75-80%	Low	1,389	61.59	856	6thin
Cows	Boner 80-85%	Average	1,200	61.25	735	15
Cows	Lean 85-90%	Low	1,019	50.79	517	15

Every lot, as filed

61 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
Cows	Lean 85-90%	—	1,012	49.11/cwt	47.00–51.00	497	8
Cows	Lean 85-90%	—	1,051	56.38/cwt	53.50–61.50	593	5
Cows	Boner 80-85%	—	1,198	60.03/cwt	57.00–64.50	719	8
Cows	Boner 80-85%	—	1,229	66.98/cwt	65.00–69.00	823	5
Bulls	—	—	1,705	88.44/cwt	88.00–89.00	1,508	2
Bred Cows	Medium and Large 2	—	1,063	808.94/cwt	675.00–850.00	8,599	5
Bred Cows	Medium and Large 2	—	1,090	820.55/cwt	780.00–860.00	8,944	2
Cow-Calf Pairs	Medium and Large 2	—	1,450	1,600.00/cwt	1,600.00–1,600.00	23,200	2
Cow-Calf Pairs	Medium and Large 2	—	1,600	1,179.59/cwt	1,050.00–1,310.00	18,873	4
Cow-Calf Pairs	Medium and Large 2	—	1,708	1,438.51/cwt	1,300.00–1,575.00	24,570	4
Steers	Medium and Large 3	—	495	120.00/cwt	120.00–120.00	594	1
Steers	Medium and Large 3	—	380	139.00/cwt	139.00–139.00	528	1
Steers	Medium and Large 2	—	579	120.00/cwt	120.00–120.00	695	4
Heifers	Medium and Large 2	—	410	116.00/cwt	116.00–116.00	476	1
Heifers	Medium and Large 2	—	245	132.00/cwt	132.00–132.00	323	1
Heifers	Medium and Large 1-2	—	692	110.00/cwt	110.00–110.00	761	77
Heifers	Medium and Large 1	—	524	118.62/cwt	116.00–123.00	622	10
Heifers	Medium and Large 1	—	612	108.20/cwt	106.00–109.00	662	9
Heifers	Medium and Large 1	—	681	109.00/cwt	109.00–109.00	742	5
Heifers	Medium and Large 1	—	412	124.34/cwt	124.00–125.00	512	3
Heifers	Medium and Large 1	—	770	101.00/cwt	101.00–101.00	778	2
Heifers	Medium and Large 1	—	465	120.00/cwt	120.00–120.00	558	2
Bulls	Medium and Large 3	—	815	90.00/cwt	90.00–90.00	734	1
Bulls	Medium and Large 3	—	780	94.00/cwt	94.00–94.00	733	1
Bulls	Medium and Large 3	—	705	94.00/cwt	94.00–94.00	663	1
Bulls	Medium and Large 2	—	665	100.50/cwt	100.00–101.00	668	2
Bulls	Medium and Large 2	—	720	99.00/cwt	99.00–99.00	713	1
Bulls	Medium and Large 2	—	460	116.00/cwt	116.00–116.00	534	1
Bulls	Medium and Large 2	—	435	119.00/cwt	119.00–119.00	518	1
Bulls	Medium and Large 1	—	710	100.00/cwt	100.00–100.00	710	1
Heifers	Medium and Large 2	—	740	96.00/cwt	96.00–96.00	710	1
Heifers	Medium and Large 2	—	380	123.51/cwt	123.00–124.00	469	2
Heifers	Medium and Large 2	—	478	114.04/cwt	113.00–115.00	545	2
Heifers	Medium and Large 2	—	653	100.66/cwt	100.00–102.00	657	3
Heifers	Medium and Large 2	—	535	114.42/cwt	113.00–116.00	612	5
Heifers	Medium and Large 2	—	575	111.81/cwt	106.00–117.00	643	10
Heifers	Medium and Large 2	—	610	100.00/cwt	100.00–100.00	610	12
Heifers	Medium and Large 3	—	455	110.00/cwt	110.00–110.00	501	1
Steers	Medium and Large 1	—	335	153.00/cwt	153.00–153.00	513	1
Steers	Medium and Large 1	—	265	165.50/cwt	162.00–169.00	439	2
Steers	Medium and Large 1	—	428	141.98/cwt	139.00–145.00	608	2
Steers	Medium and Large 1	—	563	127.26/cwt	121.00–135.00	716	3
Steers	Medium and Large 1	—	670	112.98/cwt	111.00–115.00	757	3
Steers	Medium and Large 1	—	915	98.00/cwt	98.00–98.00	897	7
Steers	Medium and Large 1	—	724	115.35/cwt	113.00–117.00	835	9
Steers	Medium and Large 1	—	626	119.27/cwt	115.00–124.00	747	13
Steers	Medium and Large 1	—	486	138.08/cwt	134.00–141.00	671	14
Steers	Medium and Large 1	—	526	130.13/cwt	124.00–136.00	684	15
Steers	Medium and Large 2	—	295	155.00/cwt	155.00–155.00	457	1
Steers	Medium and Large 2	—	470	127.00/cwt	127.00–127.00	597	1
Steers	Medium and Large 2	—	635	105.00/cwt	105.00–105.00	667	1
Steers	Medium and Large 2	—	440	127.98/cwt	126.00–130.00	563	2
Steers	Medium and Large 2	—	760	108.51/cwt	108.00–109.00	825	2
Steers	Medium and Large 2	—	516	123.00/cwt	121.00–125.00	635	4
Bulls	—	—	1,695	98.69/cwt	97.00–100.00	1,673	2
Cows	Boner 80-85%	—	1,135	51.79/cwt	49.50–54.00	588	2
Cows	Breaker 75-80%	—	1,385	58.00/cwt	58.00–58.00	803	1
Cows	Breaker 75-80%	—	1,390	62.31/cwt	60.50–64.50	866	5
Cows	Lean 85-90%	—	965	43.51/cwt	43.00–44.00	420	2
Bulls	Medium and Large 1	—	515	128.00/cwt	128.00–128.00	659	1
Bulls	Medium and Large 1	—	575	110.00/cwt	110.00–110.00	633	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 May 11, 2020

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

Feeder CattleReceipts 281Last week 302Year ago 0

Slaughter CattleReceipts 43Last week 78Year ago 0

Replacement CattleReceipts 47Last week 83Year ago 0

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

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,012	47.00–51.00	49.11
5	—	1,051	53.50–61.50	56.38
2	—	965	43.00–44.00	43.51
Cows — Boner 80-85%$ per cwt · actual wt
8	—	1,198	57.00–64.50	60.03
5	—	1,229	65.00–69.00	66.98
2	—	1,135	49.50–54.00	51.79
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,385	58.00	58.00
5	—	1,390	60.50–64.50	62.31
Bulls$ per cwt · actual wt
2	—	1,705	88.00–89.00	88.44
2	—	1,695	97.00–100.00	98.69

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)	5	—	1,063	675.00–850.00	808.94
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,090	780.00–860.00	820.55
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	1,450	1,600.00	1,600.00
Middle Aged (5-8 yrs)	Open	4	—	1,600	1,050.00–1,310.00	1,179.59
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	4	—	1,708	1,300.00–1,575.00	1,438.51

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	495	120.00	120.00
1	—	380	139.00	139.00
Steers — Medium and Large 2$ per cwt · actual wt
4	—	579	120.00	120.00
1	—	295	155.00	155.00
1	—	470	127.00	127.00
1	—	635	105.00	105.00
2	—	440	126.00–130.00	127.98
2	—	760	108.00–109.00	108.51
4	—	516	121.00–125.00	123.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	335	153.00	153.00
2	—	265	162.00–169.00	165.50
2	—	428	139.00–145.00	141.98
3	—	563	121.00–135.00	127.26
3	—	670	111.00–115.00	112.98
7	—	915	98.00	98.00
9	—	724	113.00–117.00	115.35
13	—	626	115.00–124.00	119.27
14	—	486	134.00–141.00	138.08
15	—	526	124.00–136.00	130.13
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	410	116.00	116.00
1	—	245	132.00	132.00
1	—	740	96.00	96.00
2	—	380	123.00–124.00	123.51
2	—	478	113.00–115.00	114.04
3	—	653	100.00–102.00	100.66
5	—	535	113.00–116.00	114.42
10	—	575	106.00–117.00	111.81
12	—	610	100.00	100.00
Heifers — Medium and Large 1-2$ per cwt · actual wt
77	—	692	110.00	110.00
Heifers — Medium and Large 1$ per cwt · actual wt
10	—	524	116.00–123.00	118.62
9	—	612	106.00–109.00	108.20
5	—	681	109.00	109.00
3	—	412	124.00–125.00	124.34
2	—	770	101.00	101.00
2	—	465	120.00	120.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	455	110.00	110.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	815	90.00	90.00
1	—	780	94.00	94.00
1	—	705	94.00	94.00
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	665	100.00–101.00	100.50
1	—	720	99.00	99.00
1	—	460	116.00	116.00
1	—	435	119.00	119.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	710	100.00	100.00
1	—	515	128.00	128.00
1	—	575	110.00	110.00

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

Slaughter Cattle

Replacement Cattle

Feeder Cattle