Name: Meridian Livestock Auction livestock auction prices — 2020-07-06
Creator: RaisedBeef
Published: 2020-07-06

Reporter comment USDA

As filed

Compared to last report: 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 $136.51/cwt on 62 head.

Average price

$136.51

62 head · 528 lb average

Value per head Derived

$721

Price × average weight ÷ 100

Grade differential Derived

−$11

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

$8.34/cwt at this weight

vs the market

−2.59

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	517	140.38	726	33
Medium and Large 3	476	132.33	629	6thin
Medium and Large 2	558	132.04	737	23

One grade step is worth $8.34/cwt here — about −$11 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 sale62 hd

136.51

—

MS average7 barns · 724 hd

139.10

−2.59

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	1,645	96.22	1,583	7thin
Cows	Boner 80-85%	Average	1,242	65.09	809	13
Cows	Breaker 75-80%	Average	1,720	57.50	989	1thin
Cows	Lean 85-90%	Low	1,013	52.40	531	10

Every lot, as filed

46 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
Cows	Boner 80-85%	—	1,240	64.42/cwt	60.00–67.00	799	11
Bulls	Medium and Large 2	—	530	116.24/cwt	115.00–118.00	616	4
Bulls	Medium and Large 2	—	443	119.00/cwt	119.00–119.00	527	2
Bulls	—	—	1,639	96.29/cwt	93.50–97.50	1,578	4
Bulls	—	—	1,788	101.43/cwt	99.00–103.00	1,814	2
Bulls	—	—	1,385	85.50/cwt	85.50–85.50	1,184	1
Heifers	Medium and Large 1	—	610	105.00/cwt	105.00–105.00	641	1
Heifers	Medium and Large 1	—	485	126.00/cwt	126.00–126.00	611	1
Cows	Boner 80-85%	—	1,255	68.76/cwt	68.50–69.00	863	2
Cows	Lean 85-90%	—	966	49.89/cwt	45.50–53.00	482	6
Cows	Lean 85-90%	—	1,084	56.17/cwt	55.00–57.00	609	4
Cows	Breaker 75-80%	—	1,720	57.50/cwt	57.50–57.50	989	1
Heifers	Medium and Large 2	—	508	119.00/cwt	118.00–120.00	605	2
Heifers	Medium and Large 1	—	529	125.08/cwt	123.00–126.00	662	15
Heifers	Medium and Large 1	—	384	130.25/cwt	130.00–133.00	500	11
Heifers	Medium and Large 1	—	406	128.13/cwt	126.00–130.00	520	7
Heifers	Medium and Large 1	—	575	124.05/cwt	122.00–126.00	713	2
Heifers	Medium and Large 1	—	695	111.00/cwt	111.00–111.00	771	1
Steers	Medium and Large 3	—	390	138.49/cwt	138.00–139.00	540	2
Steers	Medium and Large 3	—	595	123.00/cwt	123.00–123.00	732	1
Steers	Medium and Large 2	—	571	132.20/cwt	128.00–136.00	755	9
Heifers	Medium and Large 2	—	478	123.83/cwt	122.00–126.00	592	11
Heifers	Medium and Large 2	—	434	123.24/cwt	121.00–125.00	535	4
Heifers	Medium and Large 2	—	582	119.00/cwt	118.00–120.00	693	3
Steers	Medium and Large 2	—	528	131.27/cwt	130.00–135.00	693	4
Steers	Medium and Large 2	—	675	120.67/cwt	120.00–121.00	815	3
Steers	Medium and Large 2	—	770	116.00/cwt	116.00–116.00	893	1
Steers	Medium and Large 1	—	473	145.00/cwt	145.00–145.00	686	8
Steers	Medium and Large 1	—	616	129.36/cwt	126.00–133.00	797	5
Steers	Medium and Large 3	—	493	131.34/cwt	130.00–134.00	648	3
Steers	Medium and Large 1	—	423	150.35/cwt	145.00–157.00	636	5
Steers	Medium and Large 1	—	658	126.24/cwt	125.00–129.00	831	4
Steers	Medium and Large 1	—	362	150.04/cwt	146.00–155.00	543	3
Steers	Medium and Large 1	—	850	113.00/cwt	113.00–113.00	961	1
Steers	Medium and Large 1	—	745	120.00/cwt	120.00–120.00	894	1
Steers	Medium and Large 2	—	465	140.69/cwt	138.00–144.00	654	6
Bred Cows	Medium and Large 2	—	1,160	933.61/cwt	800.00–1,250.00	10,830	6
Cow-Calf Pairs	Medium and Large 2	—	1,140	1,200.00/cwt	1,200.00–1,200.00	13,680	2
Steers	Medium and Large 1	—	215	168.00/cwt	168.00–168.00	361	1
Steers	Medium and Large 1	—	512	143.59/cwt	136.00–147.00	735	5
Bulls	Medium and Large 2	—	640	100.00/cwt	100.00–100.00	640	1
Bulls	Medium and Large 2	—	575	115.00/cwt	115.00–115.00	661	1
Bulls	Medium and Large 1	—	638	108.65/cwt	107.00–110.00	693	3
Bulls	Medium and Large 1	—	483	126.04/cwt	124.00–129.00	609	3
Bulls	Medium and Large 1	—	553	123.49/cwt	122.00–125.00	683	2
Bulls	Medium and Large 1	—	650	110.00/cwt	110.00–110.00	715	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 Jul 6, 2020

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

Feeder CattleReceipts 193Last week 293Year ago 0

Slaughter CattleReceipts 35Last week 37Year ago 0

Replacement CattleReceipts 24Last week 55Year ago 0

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

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
11	—	1,240	60.00–67.00	64.42
2	—	1,255	68.50–69.00	68.76
Cows — Lean 85-90%$ per cwt · actual wt
6	—	966	45.50–53.00	49.89
4	—	1,084	55.00–57.00	56.17
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,720	57.50	57.50
Bulls$ per cwt · actual wt
4	—	1,639	93.50–97.50	96.29
2	—	1,788	99.00–103.00	101.43
1	—	1,385	85.50	85.50

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
4	—	530	115.00–118.00	116.24
2	—	443	119.00	119.00
1	—	640	100.00	100.00
1	—	575	115.00	115.00
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	638	107.00–110.00	108.65
3	—	483	124.00–129.00	126.04
2	—	553	122.00–125.00	123.49
1	—	650	110.00	110.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	610	105.00	105.00
1	—	485	126.00	126.00
15	—	529	123.00–126.00	125.08
11	—	384	130.00–133.00	130.25
7	—	406	126.00–130.00	128.13
2	—	575	122.00–126.00	124.05
1	—	695	111.00	111.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	508	118.00–120.00	119.00
11	—	478	122.00–126.00	123.83
4	—	434	121.00–125.00	123.24
3	—	582	118.00–120.00	119.00
Steers — Medium and Large 3$ per cwt · actual wt
2	—	390	138.00–139.00	138.49
1	—	595	123.00	123.00
3	—	493	130.00–134.00	131.34
Steers — Medium and Large 2$ per cwt · actual wt
9	—	571	128.00–136.00	132.20
4	—	528	130.00–135.00	131.27
3	—	675	120.00–121.00	120.67
1	—	770	116.00	116.00
6	—	465	138.00–144.00	140.69
Steers — Medium and Large 1$ per cwt · actual wt
8	—	473	145.00	145.00
5	—	616	126.00–133.00	129.36
5	—	423	145.00–157.00	150.35
4	—	658	125.00–129.00	126.24
3	—	362	146.00–155.00	150.04
1	—	850	113.00	113.00
1	—	745	120.00	120.00
1	—	215	168.00	168.00
5	—	512	136.00–147.00	143.59

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
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	6	—	1,160	800.00–1,250.00	933.61
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	1,140	1,200.00	1,200.00

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