Name: Meridian Livestock Auction livestock auction prices — 2020-06-08
Creator: RaisedBeef
Published: 2020-06-08

Reporter comment USDA

As filed

Compared to the last week: Feeder calves were steady. Slaughter cows and bulls were steady. Sold some nice stock cows.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $136.24/cwt on 81 head.

Average price

$136.24

81 head · 546 lb average

Value per head Derived

$744

Price × average weight ÷ 100

Grade differential Derived

$38

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

$12.39/cwt at this weight

vs the market

+3.18

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	554	141.27	783	32
Medium and Large 2	532	133.87	713	40
Medium and Large 3	578	128.88	745	9thin

One grade step is worth $12.39/cwt here — about $38 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 sale81 hd

136.24

—

MS average12 barns · 1,194 hd

133.06

+3.18

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	1,556	91.42	1,423	4thin
Cows	Boner 80-85%	Average	1,170	61.76	722	18
Cows	Lean 85-90%	Average	1,007	50.20	505	5thin

Every lot, as filed

58 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
Bulls	Medium and Large 1	—	470	137.00/cwt	137.00–137.00	644	1
Bulls	Medium and Large 1	—	880	92.00/cwt	92.00–92.00	810	1
Bulls	Medium and Large 1	—	438	139.46/cwt	137.00–142.00	611	2
Bulls	Medium and Large 1	—	513	130.99/cwt	128.00–134.00	672	2
Bulls	Medium and Large 1	—	610	102.99/cwt	102.00–104.00	628	2
Bulls	Medium and Large 2	—	555	118.04/cwt	114.00–122.00	655	2
Bulls	Medium and Large 3	—	455	105.00/cwt	105.00–105.00	478	1
Heifers	Medium and Large 1	—	700	115.00/cwt	115.00–115.00	805	1
Heifers	Medium and Large 1	—	440	131.95/cwt	128.00–136.00	581	2
Heifers	Medium and Large 1	—	673	109.06/cwt	104.00–114.00	734	2
Heifers	Medium and Large 1	—	473	129.98/cwt	129.00–131.00	615	4
Heifers	Medium and Large 1	—	526	125.75/cwt	125.00–127.00	661	4
Heifers	Medium and Large 1	—	373	132.63/cwt	130.00–136.00	495	5
Heifers	Medium and Large 1	—	318	131.20/cwt	130.00–134.00	417	6
Heifers	Medium and Large 1	—	640	119.84/cwt	117.00–121.00	767	12
Heifers	Medium and Large 1	—	574	120.32/cwt	120.00–124.00	691	15
Heifers	Medium and Large 2	—	265	130.00/cwt	130.00–130.00	345	1
Heifers	Medium and Large 2	—	445	124.00/cwt	124.00–124.00	552	1
Heifers	Medium and Large 2	—	475	127.00/cwt	127.00–127.00	603	1
Heifers	Medium and Large 2	—	525	112.00/cwt	112.00–112.00	588	1
Heifers	Medium and Large 2	—	585	119.00/cwt	119.00–119.00	696	1
Heifers	Medium and Large 2	—	373	126.42/cwt	124.00–129.00	472	2
Heifers	Medium and Large 3	—	380	120.00/cwt	120.00–120.00	456	1
Heifers	Medium and Large 3	—	475	115.00/cwt	115.00–115.00	546	1
Steers	Medium and Large 1	—	295	162.00/cwt	162.00–162.00	478	1
Steers	Medium and Large 1	—	360	166.00/cwt	166.00–166.00	598	1
Steers	Medium and Large 1	—	323	156.05/cwt	155.00–157.00	504	2
Steers	Medium and Large 1	—	735	114.66/cwt	114.00–115.00	843	3
Steers	Medium and Large 1	—	810	114.34/cwt	113.00–116.00	926	3
Steers	Medium and Large 1	—	473	154.06/cwt	148.00–160.00	729	4
Cows	Lean 85-90%	—	986	50.75/cwt	50.00–53.00	500	4
Cows	Lean 85-90%	—	1,090	48.00/cwt	48.00–48.00	523	1
Cows	Boner 80-85%	—	1,142	59.70/cwt	57.00–63.00	682	12
Cows	Boner 80-85%	—	1,225	65.89/cwt	64.50–67.00	807	6
Bulls	—	—	1,670	92.84/cwt	92.00–93.50	1,550	2
Bulls	—	—	1,680	99.00/cwt	99.00–99.00	1,663	1
Bulls	—	—	1,205	81.00/cwt	81.00–81.00	976	1
Bred Cows	Medium and Large 2	—	1,107	1,304.25/cwt	1,075.00–1,400.00	14,438	13
Bred Cows	Medium and Large 2	—	895	1,175.00/cwt	1,175.00–1,175.00	10,516	1
Bred Cows	Medium and Large 2	—	1,015	1,175.00/cwt	1,175.00–1,175.00	11,926	1
Bred Cows	Medium and Large 2	—	1,221	1,406.13/cwt	1,150.00–1,650.00	17,169	28
Bred Cows	Medium and Large 2	—	1,174	1,318.31/cwt	1,000.00–1,410.00	15,477	4
Bred Cows	Medium and Large 2	—	1,270	1,430.00/cwt	1,430.00–1,430.00	18,161	3
Cow-Calf Pairs	Medium and Large 2	—	1,015	1,341.19/cwt	1,300.00–1,400.00	13,613	20
Cow-Calf Pairs	Medium and Large 2	—	967	1,343.28/cwt	1,340.00–1,350.00	12,990	6
Steers	Medium and Large 3	—	578	128.88/cwt	125.00–130.00	745	9
Steers	Medium and Large 2	—	685	119.80/cwt	115.00–121.00	821	13
Steers	Medium and Large 2	—	378	147.15/cwt	141.00–152.00	556	6
Steers	Medium and Large 2	—	473	139.74/cwt	137.00–143.00	661	5
Steers	Medium and Large 2	—	427	145.20/cwt	144.00–147.00	620	5
Steers	Medium and Large 2	—	329	149.45/cwt	146.00–152.00	492	4
Steers	Medium and Large 2	—	542	137.34/cwt	136.00–140.00	744	3
Steers	Medium and Large 2	—	738	112.00/cwt	112.00–112.00	827	2
Steers	Medium and Large 2	—	635	115.00/cwt	115.00–115.00	730	1
Steers	Medium and Large 2	—	565	141.00/cwt	141.00–141.00	797	1
Steers	Medium and Large 1	—	631	127.65/cwt	120.00–130.00	805	8
Steers	Medium and Large 1	—	527	150.21/cwt	135.00–154.00	792	5
Steers	Medium and Large 1	—	444	161.00/cwt	161.00–161.00	715	5

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 Jun 8, 2020

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

Feeder CattleReceipts 195Last week 433Year ago 0

Slaughter CattleReceipts 35Last week 36Year ago 0

Replacement CattleReceipts 187Last week 32Year ago 0

Compared to the last week: Feeder calves were steady. Slaughter cows and bulls were steady. Sold some nice stock cows.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	470	137.00	137.00
1	—	880	92.00	92.00
2	—	438	137.00–142.00	139.46
2	—	513	128.00–134.00	130.99
2	—	610	102.00–104.00	102.99
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	555	114.00–122.00	118.04
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	455	105.00	105.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	700	115.00	115.00
2	—	440	128.00–136.00	131.95
2	—	673	104.00–114.00	109.06
4	—	473	129.00–131.00	129.98
4	—	526	125.00–127.00	125.75
5	—	373	130.00–136.00	132.63
6	—	318	130.00–134.00	131.20
12	—	640	117.00–121.00	119.84
15	—	574	120.00–124.00	120.32
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	265	130.00	130.00
1	—	445	124.00	124.00
1	—	475	127.00	127.00
1	—	525	112.00	112.00
1	—	585	119.00	119.00
2	—	373	124.00–129.00	126.42
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	380	120.00	120.00
1	—	475	115.00	115.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	295	162.00	162.00
1	—	360	166.00	166.00
2	—	323	155.00–157.00	156.05
3	—	735	114.00–115.00	114.66
3	—	810	113.00–116.00	114.34
4	—	473	148.00–160.00	154.06
8	—	631	120.00–130.00	127.65
5	—	527	135.00–154.00	150.21
5	—	444	161.00	161.00
Steers — Medium and Large 3$ per cwt · actual wt
9	—	578	125.00–130.00	128.88
Steers — Medium and Large 2$ per cwt · actual wt
13	—	685	115.00–121.00	119.80
6	—	378	141.00–152.00	147.15
5	—	473	137.00–143.00	139.74
5	—	427	144.00–147.00	145.20
4	—	329	146.00–152.00	149.45
3	—	542	136.00–140.00	137.34
2	—	738	112.00	112.00
1	—	635	115.00	115.00
1	—	565	141.00	141.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	986	50.00–53.00	50.75
1	—	1,090	48.00	48.00
Cows — Boner 80-85%$ per cwt · actual wt
12	—	1,142	57.00–63.00	59.70
6	—	1,225	64.50–67.00	65.89
Bulls$ per cwt · actual wt
2	—	1,670	92.00–93.50	92.84
1	—	1,680	99.00	99.00
1	—	1,205	81.00	81.00

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
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	13	—	1,107	1,075.00–1,400.00	1,304.25
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	895	1,175.00	1,175.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,015	1,175.00	1,175.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	28	—	1,221	1,150.00–1,650.00	1,406.13
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	4	—	1,174	1,000.00–1,410.00	1,318.31
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	3	—	1,270	1,430.00	1,430.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	20	—	1,015	1,300.00–1,400.00	1,341.19
Young (2-4 yrs)	Open	6	—	967	1,340.00–1,350.00	1,343.28

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

Steers · 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

Slaughter Cattle

Replacement Cattle