Name: Meridian Livestock Auction livestock auction prices — 2020-06-15
Creator: RaisedBeef
Published: 2020-06-15

Reporter comment USDA

As filed

Compared to the last week: Feeder calves were steady. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $132.94/cwt on 103 head.

Average price

$132.94

103 head · 554 lb average

Value per head Derived

$737

Price × average weight ÷ 100

Grade differential Derived

$35

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

$7.54/cwt at this weight

vs the market

−2.36

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	553	134.70	745	79
Medium and Large 2	558	127.16	710	24

One grade step is worth $7.54/cwt here — about $35 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 sale103 hd

132.94

—

MS average12 barns · 983 hd

135.30

−2.36

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	1,510	92.00	1,389	2thin
Cows	Boner 80-85%	High	1,269	62.29	791	19
Cows	Breaker 75-80%	Average	1,525	56.00	854	2thin
Cows	Lean 85-90%	Average	949	48.89	464	12

Every lot, as filed

68 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	—	—	1,225	89.00/cwt	89.00–89.00	1,090	1
Bulls	—	—	1,795	95.00/cwt	95.00–95.00	1,705	1
Cows	Boner 80-85%	—	1,273	67.51/cwt	66.50–68.50	859	5
Cows	Boner 80-85%	—	1,268	60.42/cwt	57.00–64.00	766	14
Bulls	Medium and Large 1	—	555	135.00/cwt	135.00–135.00	749	1
Bulls	Medium and Large 1	—	700	120.00/cwt	120.00–120.00	840	1
Bulls	Medium and Large 1	—	465	132.47/cwt	130.00–135.00	616	2
Bulls	Medium and Large 1	—	513	122.49/cwt	121.00–124.00	628	2
Bulls	Medium and Large 1	—	613	110.00/cwt	109.00–111.00	674	2
Bulls	Medium and Large 1	—	670	111.94/cwt	108.00–116.00	750	2
Bulls	Medium and Large 1	—	423	134.98/cwt	132.00–136.00	571	5
Bulls	Medium and Large 1	—	384	142.46/cwt	138.00–149.00	547	6
Bulls	Medium and Large 2	—	625	98.00/cwt	98.00–98.00	613	1
Bulls	Medium and Large 2	—	685	100.00/cwt	100.00–100.00	685	1
Bulls	Medium and Large 2	—	845	91.00/cwt	91.00–91.00	769	1
Bulls	Medium and Large 2	—	465	121.00/cwt	116.00–126.00	563	2
Bulls	Medium and Large 2	—	522	116.00/cwt	116.00–116.00	606	3
Bulls	Medium and Large 2	—	566	114.84/cwt	111.00–119.00	650	7
Bulls	Medium and Large 3	—	695	90.00/cwt	90.00–90.00	626	1
Heifers	Medium and Large 1	—	385	135.00/cwt	135.00–135.00	520	1
Heifers	Medium and Large 1	—	675	114.00/cwt	114.00–114.00	770	1
Steers	Medium and Large 1	—	740	120.00/cwt	120.00–120.00	888	1
Heifers	Medium and Large 3	—	575	108.46/cwt	107.00–110.00	624	2
Heifers	Medium and Large 3	—	480	115.00/cwt	115.00–115.00	552	1
Bred Cows	Medium and Large 2	—	1,175	950.00/cwt	950.00–950.00	11,163	1
Bred Cows	Medium and Large 2	—	968	826.13/cwt	730.00–950.00	7,997	3
Bred Cows	Medium and Large 2	—	1,085	810.00/cwt	810.00–810.00	8,789	1
Cow-Calf Pairs	Medium and Large 2	—	915	1,220.00/cwt	1,220.00–1,220.00	11,163	2
Cow-Calf Pairs	Medium and Large 2	—	1,390	1,200.00/cwt	1,200.00–1,200.00	16,680	2
Cow-Calf Pairs	Medium and Large 2	—	1,335	940.00/cwt	940.00–940.00	12,549	2
Steers	Medium and Large 2	—	771	110.16/cwt	107.00–112.00	849	6
Steers	Medium and Large 2	—	376	145.93/cwt	140.00–151.00	549	6
Steers	Medium and Large 2	—	677	110.58/cwt	105.00–118.00	749	3
Steers	Medium and Large 2	—	568	125.91/cwt	118.00–134.00	715	3
Steers	Medium and Large 2	—	327	150.91/cwt	145.00–155.00	493	3
Steers	Medium and Large 2	—	473	126.52/cwt	123.00–130.00	598	2
Steers	Medium and Large 2	—	855	100.00/cwt	100.00–100.00	855	1
Steers	Medium and Large 1	—	575	130.87/cwt	125.00–134.00	753	20
Steers	Medium and Large 1	—	627	124.40/cwt	121.00–128.00	780	13
Steers	Medium and Large 1	—	331	161.44/cwt	158.00–162.00	534	13
Steers	Medium and Large 1	—	676	127.00/cwt	127.00–127.00	859	11
Steers	Medium and Large 1	—	265	160.89/cwt	160.00–164.00	426	5
Steers	Medium and Large 1	—	930	100.00/cwt	100.00–100.00	930	3
Steers	Medium and Large 1	—	813	104.70/cwt	100.00–107.00	851	3
Steers	Medium and Large 1	—	468	145.00/cwt	145.00–145.00	679	3
Steers	Medium and Large 1	—	540	126.00/cwt	125.00–127.00	680	2
Steers	Medium and Large 1	—	423	136.57/cwt	134.00–139.00	578	2
Steers	Medium and Large 1	—	365	156.00/cwt	156.00–156.00	569	2
Steers	Medium and Large 1	—	970	100.00/cwt	100.00–100.00	970	1
Cows	Lean 85-90%	—	972	54.92/cwt	54.00–56.50	534	7
Cows	Lean 85-90%	—	913	44.36/cwt	42.00–46.00	405	3
Cows	Lean 85-90%	—	923	34.55/cwt	34.00–35.00	319	2
Cows	Breaker 75-80%	—	1,525	56.00/cwt	55.00–57.00	854	2
Heifers	Medium and Large 2	—	461	123.32/cwt	120.00–125.00	569	13
Heifers	Medium and Large 2	—	523	116.25/cwt	112.00–118.00	608	8
Heifers	Medium and Large 2	—	276	133.44/cwt	130.00–135.00	368	5
Heifers	Medium and Large 2	—	579	115.73/cwt	112.00–120.00	670	4
Heifers	Medium and Large 2	—	423	118.98/cwt	117.00–123.00	503	3
Heifers	Medium and Large 2	—	665	104.50/cwt	104.00–105.00	695	2
Heifers	Medium and Large 2	—	700	103.00/cwt	103.00–103.00	721	1
Heifers	Medium and Large 2	—	625	105.00/cwt	105.00–105.00	656	1
Heifers	Medium and Large 2	—	320	125.00/cwt	125.00–125.00	400	1
Heifers	Medium and Large 1	—	413	129.98/cwt	126.00–136.00	537	8
Heifers	Medium and Large 1	—	523	126.35/cwt	123.00–135.00	661	6
Heifers	Medium and Large 1	—	318	134.66/cwt	130.00–138.00	428	6
Heifers	Medium and Large 1	—	473	127.00/cwt	125.00–129.00	601	5
Heifers	Medium and Large 1	—	624	112.70/cwt	109.00–118.00	703	4
Heifers	Medium and Large 1	—	735	103.00/cwt	103.00–103.00	757	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 Jun 15, 2020

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

Feeder CattleReceipts 335Last week 195Year ago 0

Slaughter CattleReceipts 42Last week 35Year ago 0

Replacement CattleReceipts 26Last week 187Year ago 0

Compared to the last week: Feeder calves were steady. Slaughter cows and bulls were steady.

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,225	89.00	89.00
1	—	1,795	95.00	95.00
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,273	66.50–68.50	67.51
14	—	1,268	57.00–64.00	60.42
Cows — Lean 85-90%$ per cwt · actual wt
7	—	972	54.00–56.50	54.92
3	—	913	42.00–46.00	44.36
2	—	923	34.00–35.00	34.55
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,525	55.00–57.00	56.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	555	135.00	135.00
1	—	700	120.00	120.00
2	—	465	130.00–135.00	132.47
2	—	513	121.00–124.00	122.49
2	—	613	109.00–111.00	110.00
2	—	670	108.00–116.00	111.94
5	—	423	132.00–136.00	134.98
6	—	384	138.00–149.00	142.46
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	625	98.00	98.00
1	—	685	100.00	100.00
1	—	845	91.00	91.00
2	—	465	116.00–126.00	121.00
3	—	522	116.00	116.00
7	—	566	111.00–119.00	114.84
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	695	90.00	90.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	385	135.00	135.00
1	—	675	114.00	114.00
8	—	413	126.00–136.00	129.98
6	—	523	123.00–135.00	126.35
6	—	318	130.00–138.00	134.66
5	—	473	125.00–129.00	127.00
4	—	624	109.00–118.00	112.70
1	—	735	103.00	103.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	575	107.00–110.00	108.46
1	—	480	115.00	115.00
Heifers — Medium and Large 2$ per cwt · actual wt
13	—	461	120.00–125.00	123.32
8	—	523	112.00–118.00	116.25
5	—	276	130.00–135.00	133.44
4	—	579	112.00–120.00	115.73
3	—	423	117.00–123.00	118.98
2	—	665	104.00–105.00	104.50
1	—	700	103.00	103.00
1	—	625	105.00	105.00
1	—	320	125.00	125.00
Steers — Medium and Large 1$ per cwt · actual wt
1	—	740	120.00	120.00
20	—	575	125.00–134.00	130.87
13	—	627	121.00–128.00	124.40
13	—	331	158.00–162.00	161.44
11	—	676	127.00	127.00
5	—	265	160.00–164.00	160.89
3	—	930	100.00	100.00
3	—	813	100.00–107.00	104.70
3	—	468	145.00	145.00
2	—	540	125.00–127.00	126.00
2	—	423	134.00–139.00	136.57
2	—	365	156.00	156.00
1	—	970	100.00	100.00
Steers — Medium and Large 2$ per cwt · actual wt
6	—	771	107.00–112.00	110.16
6	—	376	140.00–151.00	145.93
3	—	677	105.00–118.00	110.58
3	—	568	118.00–134.00	125.91
3	—	327	145.00–155.00	150.91
2	—	473	123.00–130.00	126.52
1	—	855	100.00	100.00

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)	2nd Stage (4-6 mo)	1	—	1,175	950.00	950.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	3	—	968	730.00–950.00	826.13
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,085	810.00	810.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	915	1,220.00	1,220.00
Middle Aged (5-8 yrs)	Open	2	—	1,390	1,200.00	1,200.00
Aged (>8 yrs)	Open	2	—	1,335	940.00	940.00

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

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

Slaughter Cattle

Feeder Cattle

Replacement Cattle