Name: Meridian Livestock Auction livestock auction prices — 2020-06-22
Creator: RaisedBeef
Published: 2020-06-22

Reporter comment USDA

As filed

Compared to the last week: Feeder steers 300-400 lbs were 3.00-5.00 higher. All others, including heifers, were steady. Slaughter cows and bulls a little higher. No sales next week.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $131.69/cwt on 90 head.

Average price

$131.69

90 head · 539 lb average

Value per head Derived

$710

Price × average weight ÷ 100

Grade differential Derived

−$89

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

$2.07/cwt at this weight

vs the market

+0.03

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	497	132.98	660	30
Medium and Large 3	387	132.85	513	4thin
Medium and Large 1	573	130.91	750	56

One grade step is worth $2.07/cwt here — about −$89 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 sale90 hd

131.69

—

MS average13 barns · 1,215 hd

131.66

+0.03

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	—	High	1,652	105.33	1,740	3thin
Cows	Boner 80-85%	High	1,126	63.95	720	12
Cows	Breaker 75-80%	Average	1,640	57.46	942	2thin
Cows	Lean 85-90%	Low	939	54.86	515	7thin

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
Steers	Medium and Large 1	—	568	131.49/cwt	130.00–133.00	747	2
Steers	Medium and Large 1	—	775	110.00/cwt	110.00–110.00	853	1
Heifers	Medium and Large 3	—	460	113.51/cwt	113.00–114.00	522	2
Heifers	Medium and Large 3	—	595	105.00/cwt	105.00–105.00	625	1
Heifers	Medium and Large 3	—	420	110.00/cwt	110.00–110.00	462	1
Heifers	Medium and Large 2	—	566	117.00/cwt	117.00–117.00	662	9
Heifers	Medium and Large 2	—	473	122.33/cwt	119.00–125.00	579	6
Heifers	Medium and Large 2	—	430	122.00/cwt	122.00–122.00	525	2
Heifers	Medium and Large 2	—	328	121.98/cwt	120.00–124.00	400	2
Heifers	Medium and Large 2	—	695	100.00/cwt	100.00–100.00	695	1
Heifers	Medium and Large 2	—	645	104.00/cwt	104.00–104.00	671	1
Heifers	Medium and Large 2	—	515	114.00/cwt	114.00–114.00	587	1
Heifers	Medium and Large 2	—	360	125.00/cwt	125.00–125.00	450	1
Heifers	Medium and Large 1	—	419	133.32/cwt	128.00–136.00	559	10
Heifers	Medium and Large 1	—	737	105.00/cwt	105.00–105.00	774	6
Heifers	Medium and Large 1	—	522	121.59/cwt	120.00–124.00	635	5
Heifers	Medium and Large 1	—	466	128.21/cwt	125.00–132.00	597	4
Heifers	Medium and Large 1	—	617	107.99/cwt	105.00–112.00	666	3
Heifers	Medium and Large 1	—	323	132.56/cwt	130.00–138.00	428	3
Heifers	Medium and Large 1	—	973	93.50/cwt	93.00–94.00	910	2
Heifers	Medium and Large 1	—	818	97.48/cwt	95.00–100.00	797	2
Heifers	Medium and Large 1	—	905	96.00/cwt	96.00–96.00	869	1
Heifers	Medium and Large 1	—	885	95.00/cwt	95.00–95.00	841	1
Heifers	Medium and Large 1	—	655	108.00/cwt	108.00–108.00	707	1
Bulls	Medium and Large 1	—	540	122.00/cwt	122.00–122.00	659	1
Bulls	Medium and Large 1	—	605	112.00/cwt	112.00–112.00	678	1
Bulls	Medium and Large 1	—	740	101.00/cwt	101.00–101.00	747	1
Bulls	Medium and Large 1	—	468	125.29/cwt	120.00–129.00	586	4
Bulls	Medium and Large 2	—	495	114.00/cwt	114.00–114.00	564	1
Bulls	Medium and Large 2	—	585	111.00/cwt	111.00–111.00	649	1
Bulls	Medium and Large 2	—	645	104.00/cwt	104.00–104.00	671	1
Bulls	Medium and Large 2	—	690	102.00/cwt	102.00–102.00	704	1
Bulls	Medium and Large 2	—	519	115.25/cwt	115.00–116.00	598	4
Bulls	Medium and Large 3	—	570	105.00/cwt	105.00–105.00	599	1
Bred Cows	Medium and Large 2	—	1,005	1,000.00/cwt	1,000.00–1,000.00	10,050	1
Bred Cows	Medium and Large 2	—	1,258	1,094.85/cwt	1,080.00–1,110.00	13,773	2
Bred Cows	Medium and Large 2	—	1,130	980.00/cwt	980.00–980.00	11,074	1
Bulls	—	—	1,865	118.00/cwt	118.00–118.00	2,201	1
Bulls	—	—	1,545	99.00/cwt	98.00–100.00	1,530	2
Cows	Boner 80-85%	—	1,182	68.06/cwt	67.00–69.50	804	3
Cows	Boner 80-85%	—	1,107	62.58/cwt	59.00–66.50	693	9
Cows	Breaker 75-80%	—	1,640	57.46/cwt	57.00–58.00	942	2
Cows	Lean 85-90%	—	953	50.69/cwt	49.00–52.00	483	3
Cows	Lean 85-90%	—	929	57.99/cwt	57.00–58.50	539	4
Bred Cows	Medium and Large 2	—	1,239	956.07/cwt	820.00–1,030.00	11,846	5
Bred Cows	Medium and Large 2	—	1,193	1,004.84/cwt	1,000.00–1,010.00	11,988	2
Bred Cows	Medium and Large 2	—	1,285	830.00/cwt	830.00–830.00	10,666	1
Cow-Calf Pairs	Medium and Large 2	—	1,448	1,332.18/cwt	1,270.00–1,390.00	19,290	4
Cow-Calf Pairs	Medium and Large 2	—	1,198	1,227.93/cwt	1,010.00–1,400.00	14,711	6
Cow-Calf Pairs	Medium and Large 2	—	1,503	1,119.42/cwt	1,070.00–1,170.00	16,825	4
Steers	Medium and Large 3	—	372	135.80/cwt	130.00–143.00	505	3
Steers	Medium and Large 3	—	430	124.00/cwt	124.00–124.00	533	1
Steers	Medium and Large 2	—	583	124.72/cwt	122.00–127.00	727	14
Steers	Medium and Large 2	—	362	151.54/cwt	148.00–160.00	549	5
Steers	Medium and Large 2	—	471	130.15/cwt	125.00–134.00	613	4
Steers	Medium and Large 2	—	527	123.72/cwt	122.00–126.00	652	3
Steers	Medium and Large 2	—	423	134.42/cwt	133.00–136.00	569	2
Steers	Medium and Large 2	—	325	157.00/cwt	157.00–157.00	510	1
Steers	Medium and Large 2	—	290	168.00/cwt	168.00–168.00	487	1
Steers	Medium and Large 1	—	704	119.32/cwt	110.00–121.00	840	11
Steers	Medium and Large 1	—	673	114.81/cwt	111.00–117.00	773	11
Steers	Medium and Large 1	—	520	132.62/cwt	128.00–140.00	690	8
Steers	Medium and Large 1	—	423	145.48/cwt	140.00–149.00	615	8
Steers	Medium and Large 1	—	616	121.22/cwt	119.00–124.00	747	4
Steers	Medium and Large 1	—	457	141.36/cwt	136.00–145.00	646	3
Steers	Medium and Large 1	—	328	171.67/cwt	169.00–174.00	563	3
Steers	Medium and Large 1	—	272	170.31/cwt	160.00–180.00	463	3
Steers	Medium and Large 1	—	920	111.50/cwt	111.00–112.00	1,026	2

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 22, 2020

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

Feeder CattleReceipts 293Last week 335Year ago 0

Slaughter CattleReceipts 37Last week 42Year ago 0

Replacement CattleReceipts 55Last week 26Year ago 0

Compared to the last week: Feeder steers 300-400 lbs were 3.00-5.00 higher. All others, including heifers, were steady. Slaughter cows and bulls a little higher. No sales next week.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	568	130.00–133.00	131.49
1	—	775	110.00	110.00
11	—	704	110.00–121.00	119.32
11	—	673	111.00–117.00	114.81
8	—	520	128.00–140.00	132.62
8	—	423	140.00–149.00	145.48
4	—	616	119.00–124.00	121.22
3	—	457	136.00–145.00	141.36
3	—	328	169.00–174.00	171.67
3	—	272	160.00–180.00	170.31
2	—	920	111.00–112.00	111.50
Steers — Medium and Large 3$ per cwt · actual wt
3	—	372	130.00–143.00	135.80
1	—	430	124.00	124.00
Steers — Medium and Large 2$ per cwt · actual wt
14	—	583	122.00–127.00	124.72
5	—	362	148.00–160.00	151.54
4	—	471	125.00–134.00	130.15
3	—	527	122.00–126.00	123.72
2	—	423	133.00–136.00	134.42
1	—	325	157.00	157.00
1	—	290	168.00	168.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	460	113.00–114.00	113.51
1	—	595	105.00	105.00
1	—	420	110.00	110.00
Heifers — Medium and Large 2$ per cwt · actual wt
9	—	566	117.00	117.00
6	—	473	119.00–125.00	122.33
2	—	430	122.00	122.00
2	—	328	120.00–124.00	121.98
1	—	695	100.00	100.00
1	—	645	104.00	104.00
1	—	515	114.00	114.00
1	—	360	125.00	125.00
Heifers — Medium and Large 1$ per cwt · actual wt
10	—	419	128.00–136.00	133.32
6	—	737	105.00	105.00
5	—	522	120.00–124.00	121.59
4	—	466	125.00–132.00	128.21
3	—	617	105.00–112.00	107.99
3	—	323	130.00–138.00	132.56
2	—	973	93.00–94.00	93.50
2	—	818	95.00–100.00	97.48
1	—	905	96.00	96.00
1	—	885	95.00	95.00
1	—	655	108.00	108.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	540	122.00	122.00
1	—	605	112.00	112.00
1	—	740	101.00	101.00
4	—	468	120.00–129.00	125.29
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	495	114.00	114.00
1	—	585	111.00	111.00
1	—	645	104.00	104.00
1	—	690	102.00	102.00
4	—	519	115.00–116.00	115.25
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	570	105.00	105.00

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 Stage (1-3 mo)	1	—	1,005	1,000.00	1,000.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	1,258	1,080.00–1,110.00	1,094.85
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,130	980.00	980.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	5	—	1,239	820.00–1,030.00	956.07
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,193	1,000.00–1,010.00	1,004.84
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,285	830.00	830.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	4	—	1,448	1,270.00–1,390.00	1,332.18
Middle Aged (5-8 yrs)	Open	6	—	1,198	1,010.00–1,400.00	1,227.93
Middle Aged (5-8 yrs)	Open	4	—	1,503	1,070.00–1,170.00	1,119.42

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,865	118.00	118.00
2	—	1,545	98.00–100.00	99.00
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,182	67.00–69.50	68.06
9	—	1,107	59.00–66.50	62.58
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,640	57.00–58.00	57.46
Cows — Lean 85-90%$ per cwt · actual wt
3	—	953	49.00–52.00	50.69
4	—	929	57.00–58.50	57.99

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

Replacement Cattle

Slaughter Cattle