Sale reports / Mississippi / Meridian Livestock Auction / 2020-05-25

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 25
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
234 head
▼ 58 vs last sale 292▲ 234 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
62 head
▲ 7 vs last sale 55▲ 62 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
98 head
▲ 72 vs last sale 26▲ 98 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Good day, as compared to last weeks Feeder cattle sold 3-5 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 $137.47/cwt on 72 head.
Average price
$137.47
72 head · 525 lb average
Value per head Derived
$722
Price × average weight ÷ 100
Grade differential Derived
−$96
per head · Medium and Large 2 over Medium and Large 3
$32.55/cwt at this weight
vs the market
+5.48
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2357148.5553114thin
Medium and Large 1566135.1376557
Medium and Large 3540116.006261thin
One grade step is worth $32.55/cwt here — about −$96 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 sale72 hd
137.47
—
MS average13 barns · 1,273 hd
131.99
+5.48
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—Average1,63294.141,5366thin
CowsBoner 80-85%Average1,22159.5772824
CowsLean 85-90%Average96953.7152016
CowsBreaker 75-80%Average1,44253.377706thin

Every lot, as filed

67 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
SteersMedium and Large 3—540116.00/cwt116.00–116.006261
SteersMedium and Large 2—378148.47/cwt146.00–150.005614
SteersMedium and Large 2—338153.47/cwt150.00–155.005194
SteersMedium and Large 2—488136.49/cwt135.00–138.006662
SteersMedium and Large 2—263153.46/cwt152.00–155.004042
SteersMedium and Large 2—425142.00/cwt142.00–142.006041
SteersMedium and Large 2—210150.00/cwt150.00–150.003151
SteersMedium and Large 1—591132.84/cwt130.00–134.0078518
SteersMedium and Large 1—714124.00/cwt124.00–124.0088515
SteersMedium and Large 1—527134.99/cwt130.00–137.0071110
SteersMedium and Large 1—290163.24/cwt160.00–167.004734
SteersMedium and Large 1—477142.30/cwt140.00–145.006793
SteersMedium and Large 1—420147.42/cwt143.00–153.006193
SteersMedium and Large 1—625127.00/cwt125.00–129.007942
SteersMedium and Large 1—330165.00/cwt165.00–165.005451
SteersMedium and Large 1—235160.00/cwt160.00–160.003761
HeifersMedium and Large 3—475113.55/cwt111.00–116.005392
HeifersMedium and Large 3—535110.00/cwt110.00–110.005891
HeifersMedium and Large 3—430110.00/cwt110.00–110.004731
HeifersMedium and Large 2—471120.28/cwt118.00–122.005674
HeifersMedium and Large 2—565113.28/cwt111.00–115.006403
HeifersMedium and Large 2—428119.65/cwt117.00–122.005123
HeifersMedium and Large 2—665105.51/cwt104.00–107.007022
HeifersMedium and Large 2—620107.00/cwt107.00–107.006632
HeifersMedium and Large 2—543113.99/cwt112.00–116.006192
HeifersMedium and Large 1—468127.32/cwt125.00–130.005966
CowsLean 85-90%—1,04056.30/cwt53.00–61.0058611
CowsLean 85-90%—87548.53/cwt47.00–50.004252
CowsBreaker 75-80%—1,44253.37/cwt51.50–55.007706
CowsBoner 80-85%—1,19759.79/cwt56.50–63.5071621
Bulls——1,72295.96/cwt93.00–97.501,6523
Bred CowsMedium and Large 2—962876.01/cwt740.00–980.008,4273
Bred CowsMedium and Large 2—1,0781,005.56/cwt870.00–1,290.0010,8405
HeifersMedium and Large 1—378132.85/cwt130.00–135.005025
HeifersMedium and Large 1—618115.03/cwt113.00–117.007114
HeifersMedium and Large 1—551124.00/cwt124.00–124.006834
HeifersMedium and Large 1—435128.23/cwt126.00–133.005583
HeifersMedium and Large 1—523120.56/cwt118.00–123.006312
HeifersMedium and Large 1—335131.46/cwt130.00–133.004402
BullsMedium and Large 3—565103.00/cwt103.00–103.005821
BullsMedium and Large 2—569117.29/cwt110.00–123.006679
BullsMedium and Large 2—76798.98/cwt96.00–101.007593
BullsMedium and Large 2—738106.27/cwt102.00–113.007843
BullsMedium and Large 2—680106.87/cwt103.00–114.007273
BullsMedium and Large 2—610110.95/cwt106.00–117.006773
BullsMedium and Large 2—530120.92/cwt118.00–124.006412
BullsMedium and Large 2—473117.14/cwt114.00–120.005542
BullsMedium and Large 1—521128.90/cwt126.00–135.0067210
BullsMedium and Large 1—483132.30/cwt129.00–137.006394
BullsMedium and Large 1—622124.65/cwt123.00–126.007753
BullsMedium and Large 1—655116.00/cwt116.00–116.007601
BullsMedium and Large 1—565124.00/cwt124.00–124.007011
BullsMedium and Large 1—435135.00/cwt135.00–135.005871
CowsLean 85-90%Light Weight—80046.00/cwt46.00–46.003681
CowsLean 85-90%Light Weight—77054.00/cwt54.00–54.004161
CowsLean 85-90%Light Weight—74043.00/cwt43.00–43.003181
CowsBoner 80-85%—1,39064.50/cwt64.50–64.508972
CowsBoner 80-85%—1,39545.00/cwt45.00–45.006281
Bulls——1,45889.49/cwt89.00–90.001,3052
Bulls——1,71098.00/cwt98.00–98.001,6761
Cow-Calf PairsMedium and Large 2—1,035890.00/cwt890.00–890.009,2122
Bred CowsMedium and Large 2—1,093795.08/cwt730.00–850.008,6902
Bred CowsMedium and Large 2—1,187995.41/cwt750.00–1,110.0011,8166
Bred CowsMedium and Large 2—1,102809.71/cwt760.00–860.008,9233
Cow-Calf PairsMedium and Large 2—1,3901,356.83/cwt1,210.00–1,470.0018,8604
Cow-Calf PairsMedium and Large 2—1,2731,115.05/cwt950.00–1,470.0014,1958
Cow-Calf PairsMedium and Large 2—1,1531,132.15/cwt1,100.00–1,160.0013,0544

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.