Name: Meridian Livestock Auction livestock auction prices — 2020-05-18
Creator: RaisedBeef
Published: 2020-05-18

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 5.00-7.00 higher. Slaughter cows and bulls were steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $122.20/cwt on 98 head.

Average price

$122.20

98 head · 493 lb average

Value per head Derived

$602

Price × average weight ÷ 100

Grade differential Derived

$75

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

$10.54/cwt at this weight

vs the market

+3.28

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	502	122.87	616	76
Medium and Large 2	459	121.04	556	19thin
Medium and Large 3	482	112.33	541	3thin

One grade step is worth $10.54/cwt here — about $75 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 sale98 hd

122.20

—

MS average13 barns · 1,225 hd

118.92

+3.28

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	—	Low	1,577	92.59	1,460	7thin
Cows	Boner 80-85%	High	1,257	61.24	770	17
Cows	Breaker 75-80%	Average	1,395	52.00	725	1thin
Cows	Lean 85-90%	Low	1,070	51.91	556	28

Every lot, as filed

66 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 3	—	585	109.00/cwt	109.00–109.00	638	1
Heifers	Medium and Large 2	—	481	123.51/cwt	120.00–125.00	594	6
Steers	Medium and Large 1	—	285	161.00/cwt	161.00–161.00	459	1
Steers	Medium and Large 1	—	458	144.00/cwt	144.00–144.00	660	1
Steers	Medium and Large 1	—	730	116.00/cwt	116.00–116.00	847	1
Steers	Medium and Large 1	—	815	110.00/cwt	110.00–110.00	897	1
Steers	Medium and Large 1	—	942	100.00/cwt	100.00–100.00	942	2
Steers	Medium and Large 1	—	1,010	106.00/cwt	106.00–106.00	1,071	2
Steers	Medium and Large 1	—	342	162.01/cwt	161.00–164.00	554	3
Steers	Medium and Large 1	—	683	117.50/cwt	113.00–122.00	803	4
Steers	Medium and Large 1	—	769	110.98/cwt	110.00–112.00	853	4
Steers	Medium and Large 1	—	378	156.62/cwt	153.00–160.00	592	5
Steers	Medium and Large 1	—	561	135.35/cwt	128.00–138.00	759	7
Steers	Medium and Large 1	—	528	140.11/cwt	133.00–144.00	740	8
Steers	Medium and Large 1	—	403	154.50/cwt	140.00–161.00	623	12
Steers	Medium and Large 1	—	641	125.26/cwt	120.00–129.00	803	17
Steers	Medium and Large 2	—	735	108.00/cwt	108.00–108.00	794	1
Steers	Medium and Large 2	—	750	100.00/cwt	100.00–100.00	750	1
Steers	Medium and Large 2	—	532	122.51/cwt	120.00–125.00	652	2
Steers	Medium and Large 2	—	584	127.99/cwt	127.00–129.00	747	2
Steers	Medium and Large 2	—	386	149.27/cwt	148.00–150.00	576	4
Steers	Medium and Large 2	—	471	133.50/cwt	130.00–139.00	629	4
Cow-Calf Pairs	Medium and Large 2	—	1,165	1,142.45/cwt	1,060.00–1,230.00	13,310	4
Cow-Calf Pairs	Medium and Large 2	—	1,310	1,209.11/cwt	1,175.00–1,240.00	15,839	4
Cow-Calf Pairs	Medium and Large 2	—	1,180	1,235.00/cwt	1,235.00–1,235.00	14,573	2
Cow-Calf Pairs	Medium and Large 2	—	1,110	1,090.00/cwt	1,090.00–1,090.00	12,099	2
Bred Cows	Medium and Large 2	—	1,235	845.36/cwt	800.00–890.00	10,440	2
Bulls	—	—	1,290	78.50/cwt	78.50–78.50	1,013	1
Bulls	—	—	1,460	100.00/cwt	100.00–100.00	1,460	1
Bulls	—	—	1,465	96.25/cwt	95.00–97.00	1,410	2
Bulls	—	—	1,787	92.38/cwt	90.50–93.50	1,651	3
Cows	Boner 80-85%	—	1,260	65.17/cwt	65.00–65.50	821	3
Cows	Boner 80-85%	—	1,256	60.40/cwt	58.00–64.00	759	14
Cows	Breaker 75-80%	—	1,395	52.00/cwt	52.00–52.00	725	1
Bulls	Medium and Large 1	—	725	96.50/cwt	96.00–97.00	700	2
Bulls	Medium and Large 1	—	635	104.67/cwt	100.00–109.00	665	3
Bulls	Medium and Large 1	—	373	147.42/cwt	142.00–154.00	550	4
Bulls	Medium and Large 1	—	406	129.24/cwt	124.00–135.00	525	4
Bulls	Medium and Large 1	—	501	122.00/cwt	120.00–124.00	611	4
Bulls	Medium and Large 1	—	479	126.63/cwt	124.00–130.00	607	8
Bulls	Medium and Large 2	—	660	96.00/cwt	96.00–96.00	634	1
Bulls	Medium and Large 2	—	473	114.98/cwt	112.00–118.00	544	2
Bulls	Medium and Large 2	—	528	111.03/cwt	110.00–112.00	586	2
Bulls	Medium and Large 2	—	578	113.48/cwt	112.00–115.00	656	2
Bulls	Medium and Large 2-3	—	525	117.00/cwt	117.00–117.00	614	1
Bulls	Medium and Large 3	—	545	100.00/cwt	100.00–100.00	545	1
Bulls	Medium and Large 3	—	573	104.33/cwt	104.00–105.00	598	3
Heifers	Medium and Large 1	—	295	134.00/cwt	134.00–134.00	395	1
Heifers	Medium and Large 1	—	682	104.99/cwt	104.00–106.00	716	3
Heifers	Medium and Large 1	—	550	115.00/cwt	115.00–115.00	633	4
Heifers	Medium and Large 1	—	720	106.49/cwt	104.00–112.00	767	4
Heifers	Medium and Large 1	—	378	132.54/cwt	130.00–135.00	501	5
Heifers	Medium and Large 1	—	452	129.41/cwt	127.00–131.00	585	5
Heifers	Medium and Large 1	—	332	133.20/cwt	130.00–139.00	442	10
Heifers	Medium and Large 1	—	517	121.00/cwt	115.00–124.00	626	13
Heifers	Medium and Large 1	—	429	130.50/cwt	124.00–135.00	560	14
Heifers	Medium and Large 1	—	618	115.40/cwt	109.00–119.00	713	17
Heifers	Medium and Large 2	—	625	106.00/cwt	106.00–106.00	663	1
Heifers	Medium and Large 2	—	700	100.00/cwt	100.00–100.00	700	1
Heifers	Medium and Large 2	—	343	127.50/cwt	127.00–128.00	437	2
Heifers	Medium and Large 2	—	513	112.44/cwt	110.00–115.00	577	2
Heifers	Medium and Large 2	—	365	125.65/cwt	120.00–129.00	459	3
Heifers	Medium and Large 2	—	426	123.96/cwt	121.00–126.00	528	4
Heifers	Medium and Large 3	—	430	114.00/cwt	113.00–115.00	490	2
Cows	Lean 85-90%	—	965	46.52/cwt	42.50–50.00	449	10
Cows	Lean 85-90%	—	1,129	54.90/cwt	50.00–57.00	620	18

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 18, 2020

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

Feeder CattleReceipts 292Last week 281Year ago 0

Slaughter CattleReceipts 55Last week 43Year ago 0

Replacement CattleReceipts 26Last week 47Year ago 0

Compared to last week: Feeder calves were 5.00-7.00 higher. Slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	585	109.00	109.00
2	—	430	113.00–115.00	114.00
Heifers — Medium and Large 2$ per cwt · actual wt
6	—	481	120.00–125.00	123.51
1	—	625	106.00	106.00
1	—	700	100.00	100.00
2	—	343	127.00–128.00	127.50
2	—	513	110.00–115.00	112.44
3	—	365	120.00–129.00	125.65
4	—	426	121.00–126.00	123.96
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	295	134.00	134.00
3	—	682	104.00–106.00	104.99
4	—	550	115.00	115.00
4	—	720	104.00–112.00	106.49
5	—	378	130.00–135.00	132.54
5	—	452	127.00–131.00	129.41
10	—	332	130.00–139.00	133.20
13	—	517	115.00–124.00	121.00
14	—	429	124.00–135.00	130.50
17	—	618	109.00–119.00	115.40
Steers — Medium and Large 1$ per cwt · actual wt
1	—	285	161.00	161.00
1	—	458	144.00	144.00
1	—	730	116.00	116.00
1	—	815	110.00	110.00
2	—	942	100.00	100.00
2	—	1,010	106.00	106.00
3	—	342	161.00–164.00	162.01
4	—	683	113.00–122.00	117.50
4	—	769	110.00–112.00	110.98
5	—	378	153.00–160.00	156.62
7	—	561	128.00–138.00	135.35
8	—	528	133.00–144.00	140.11
12	—	403	140.00–161.00	154.50
17	—	641	120.00–129.00	125.26
Steers — Medium and Large 2$ per cwt · actual wt
1	—	735	108.00	108.00
1	—	750	100.00	100.00
2	—	532	120.00–125.00	122.51
2	—	584	127.00–129.00	127.99
4	—	386	148.00–150.00	149.27
4	—	471	130.00–139.00	133.50
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	725	96.00–97.00	96.50
3	—	635	100.00–109.00	104.67
4	—	373	142.00–154.00	147.42
4	—	406	124.00–135.00	129.24
4	—	501	120.00–124.00	122.00
8	—	479	124.00–130.00	126.63
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	660	96.00	96.00
2	—	473	112.00–118.00	114.98
2	—	528	110.00–112.00	111.03
2	—	578	112.00–115.00	113.48
Bulls — Medium and Large 2-3$ per cwt · actual wt
1	—	525	117.00	117.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	545	100.00	100.00
3	—	573	104.00–105.00	104.33

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	4	—	1,165	1,060.00–1,230.00	1,142.45
Middle Aged (5-8 yrs)	Open	4	—	1,310	1,175.00–1,240.00	1,209.11
Young (2-4 yrs)	Open	2	—	1,180	1,235.00	1,235.00
Young (2-4 yrs)	Open	2	—	1,110	1,090.00	1,090.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,235	800.00–890.00	845.36

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,290	78.50	78.50
1	—	1,460	100.00	100.00
2	—	1,465	95.00–97.00	96.25
3	—	1,787	90.50–93.50	92.38
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,260	65.00–65.50	65.17
14	—	1,256	58.00–64.00	60.40
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,395	52.00	52.00
Cows — Lean 85-90%$ per cwt · actual wt
10	—	965	42.50–50.00	46.52
18	—	1,129	50.00–57.00	54.90

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

Feeder Cattle

Replacement Cattle

Slaughter Cattle