Sale reports / Mississippi / Meridian Livestock Auction / 2020-07-13

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 13
● Final77 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
229 head
▲ 36 vs last sale 193▲ 229 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
30 head
▼ 5 vs last sale 35▲ 30 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
240 head
▲ 216 vs last sale 24▲ 240 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle were steady. Slaughter cows were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $133.89/cwt on 57 head.
Average price
$133.89
57 head · 537 lb average
Value per head Derived
$720
Price × average weight ÷ 100
Grade differential Derived
$137
per head · Medium and Large 1 over Medium and Large 3
$15.81/cwt at this weight
vs the market
+0.28
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1527138.8173235
Medium and Large 2574126.9972917thin
Medium and Large 3484122.995965thin
One grade step is worth $15.81/cwt here — about $137 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 sale57 hd
133.89
—
MS average13 barns · 1,348 hd
133.62
+0.28
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—Low1,62388.671,4393thin
CowsBoner 80-85%Low1,30553.3169610
CowsLean 85-90%Very Low96340.493904thin

Every lot, as filed

77 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
BullsMedium and Large 2—525115.50/cwt115.50–115.506061
BullsMedium and Large 1—572118.66/cwt117.50–122.506798
BullsMedium and Large 1—427145.88/cwt141.00–150.006235
BullsMedium and Large 1—520121.83/cwt118.00–126.006344
BullsMedium and Large 1—463144.70/cwt137.00–150.006704
BullsMedium and Large 1—388150.25/cwt150.00–150.505832
SteersMedium and Large 3—433122.98/cwt122.00–124.005332
SteersMedium and Large 3—550120.00/cwt120.00–120.006601
SteersMedium and Large 3—515124.00/cwt124.00–124.006391
SteersMedium and Large 3—490125.00/cwt125.00–125.006131
SteersMedium and Large 2—680117.78/cwt117.00–120.008017
SteersMedium and Large 2—568129.94/cwt126.00–134.007384
SteersMedium and Large 2—465139.51/cwt139.00–140.006492
SteersMedium and Large 2—413141.26/cwt141.00–141.505832
SteersMedium and Large 2—645123.00/cwt123.00–123.007931
SteersMedium and Large 2—320130.00/cwt130.00–130.004161
SteersMedium and Large 1—568133.43/cwt133.00–136.007587
SteersMedium and Large 1—509141.95/cwt135.50–145.507236
SteersMedium and Large 1—711120.70/cwt119.50–121.008585
SteersMedium and Large 1—329163.21/cwt157.00–172.005375
SteersMedium and Large 1—636126.74/cwt125.00–130.508064
SteersMedium and Large 1—425146.00/cwt144.00–151.006214
SteersMedium and Large 1—373150.00/cwt150.00–150.005602
SteersMedium and Large 1—775115.00/cwt115.00–115.008911
SteersMedium and Large 1—465147.00/cwt147.00–147.006841
Bred CowsMedium and Large 2—8451,150.00/cwt1,150.00–1,150.009,7181
Bred CowsMedium and Large 1—9481,375.07/cwt1,050.00–1,600.0013,0362
Bred CowsMedium and Large 1—1,1341,388.73/cwt1,290.00–1,475.0015,7485
Bred CowsMedium and Large 1—1,0201,419.13/cwt1,360.00–1,485.0014,4752
Bred CowsMedium and Large 1—1,0671,331.13/cwt1,310.00–1,375.0014,2033
Bred CowsMedium and Large 1—1,2901,250.00/cwt1,250.00–1,250.0016,1251
Bred CowsMedium and Large 1—1,1781,206.86/cwt1,125.00–1,250.0014,2173
Bred CowsMedium and Large 1—1,2071,160.00/cwt1,160.00–1,160.0014,0011
Bred CowsMedium and Large 1—1,0921,258.87/cwt1,225.00–1,300.0013,7474
CowsLean 85-90%—1,02837.97/cwt37.50–38.503902
CowsLean 85-90%—87040.50/cwt40.50–40.503521
CowsBoner 80-85%—1,40649.01/cwt47.50–50.756894
CowsBoner 80-85%—1,12060.00/cwt60.00–60.006721
BullsMedium and Large 2—370127.58/cwt126.00–129.004722
BullsMedium and Large 2—575114.16/cwt114.00–114.506563
BullsMedium and Large 2—471128.26/cwt125.00–131.006044
BullsMedium and Large 2—428128.73/cwt125.00–131.505517
BullsMedium and Large 3—428121.54/cwt120.00–123.005202
HeifersMedium and Large 1—655120.00/cwt120.00–120.007861
HeifersMedium and Large 1—360134.50/cwt130.00–139.004842
HeifersMedium and Large 1—485127.45/cwt123.00–132.006182
HeifersMedium and Large 1—620122.93/cwt120.00–126.007622
HeifersMedium and Large 1—718108.46/cwt107.00–110.007792
HeifersMedium and Large 1—758107.48/cwt105.00–110.008152
HeifersMedium and Large 1—322134.59/cwt130.00–142.004333
HeifersMedium and Large 1—433124.40/cwt122.50–125.005394
HeifersMedium and Large 1—530124.46/cwt121.50–126.006607
HeifersMedium and Large 1—576125.75/cwt118.00–127.507247
HeifersMedium and Large 2—645106.50/cwt106.50–106.506871
HeifersMedium and Large 2—575112.54/cwt110.00–115.006472
HeifersMedium and Large 2—655111.03/cwt107.50–114.507272
HeifersMedium and Large 2—420115.96/cwt114.00–119.504873
HeifersMedium and Large 2—373124.18/cwt121.00–126.004634
HeifersMedium and Large 2—479120.13/cwt117.50–122.005754
HeifersMedium and Large 3—590100.00/cwt100.00–100.005901
CowsLean 85-90%—92545.50/cwt45.50–45.504211
Bulls——1,39581.00/cwt81.00–81.001,1301
Bulls——1,53088.50/cwt88.50–88.501,3541
Bulls——1,94596.50/cwt96.50–96.501,8771
Cow-Calf PairsMedium and Large 1—1,1551,536.70/cwt1,420.00–1,625.0017,7494
Cow-Calf PairsMedium and Large 1—1,1201,440.00/cwt1,440.00–1,440.0016,1282
Cow-Calf PairsMedium and Large 1—1,1101,750.00/cwt1,750.00–1,750.0019,4252
Cow-Calf PairsMedium and Large 1—1,1001,420.00/cwt1,420.00–1,420.0015,6202
Cow-Calf PairsMedium and Large 1—1,1751,527.83/cwt1,110.00–1,900.0017,95223
Cow-Calf PairsMedium and Large 1—1,2101,575.00/cwt1,575.00–1,575.0019,0582
Cow-Calf PairsMedium and Large 1—1,2251,350.00/cwt1,350.00–1,350.0016,5382
Cow-Calf PairsMedium and Large 1—1,1751,300.00/cwt1,300.00–1,300.0015,2752
Cow-Calf PairsMedium and Large 1—1,0481,413.70/cwt1,325.00–1,500.0014,8168
Cow-Calf PairsMedium and Large 1-2—7851,010.00/cwt1,010.00–1,010.007,9292
Cow-Calf PairsMedium and Large 2—1,1621,007.75/cwt850.00–1,280.0011,7106
Cow-Calf PairsMedium and Large 2—750950.00/cwt950.00–950.007,1252
CowsBoner 80-85%—1,26155.42/cwt52.50–57.506995

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.