Name: Meridian Livestock Auction livestock auction prices — 2020-07-20
Creator: RaisedBeef
Published: 2020-07-20

Reporter comment USDA

As filed

Compared to last week: Feeder cattle sold steady. Slaughter cows and bulls sold steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $125.23/cwt on 45 head.

Average price

$125.23

45 head · 514 lb average

Value per head Derived

$644

Price × average weight ÷ 100

Grade differential Derived

−$17

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

$12.06/cwt at this weight

vs the market

+3.39

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	493	129.25	637	30
Medium and Large 2	558	117.19	654	15thin

One grade step is worth $12.06/cwt here — about −$17 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 sale45 hd

125.23

—

MS average13 barns · 796 hd

121.84

+3.39

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	1,538	85.04	1,308	6thin
Cows	Boner 80-85%	Average	1,203	55.39	667	8thin
Cows	Lean 85-90%	Low	952	50.81	484	9thin

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
Steers	Medium and Large 1	—	425	158.76/cwt	154.00–164.00	675	2
Steers	Medium and Large 1	—	775	118.00/cwt	118.00–118.00	915	1
Steers	Medium and Large 1	—	370	174.00/cwt	174.00–174.00	644	1
Steers	Medium and Large 1	—	315	174.00/cwt	174.00–174.00	548	1
Heifers	Medium and Large 2	—	617	116.77/cwt	116.00–119.00	720	4
Heifers	Medium and Large 2	—	670	115.67/cwt	115.00–116.50	775	3
Heifers	Medium and Large 2	—	517	118.74/cwt	113.00–123.50	614	3
Heifers	Medium and Large 2	—	473	113.83/cwt	108.00–118.00	538	3
Heifers	Medium and Large 2	—	560	121.00/cwt	121.00–121.00	678	1
Heifers	Medium and Large 2	—	360	125.00/cwt	125.00–125.00	450	1
Heifers	Medium and Large 1	—	518	127.28/cwt	124.00–135.00	659	8
Heifers	Medium and Large 1	—	557	127.14/cwt	126.75–129.00	708	6
Heifers	Medium and Large 1	—	474	125.77/cwt	123.50–127.50	596	4
Heifers	Medium and Large 1	—	434	127.16/cwt	125.00–130.00	552	4
Heifers	Medium and Large 1	—	672	134.96/cwt	132.00–138.00	907	3
Heifers	Medium and Large 1	—	372	131.27/cwt	130.00–134.00	488	3
Heifers	Medium and Large 1	—	325	135.00/cwt	135.00–135.00	439	1
Heifers	Medium and Large 1	—	200	151.00/cwt	151.00–151.00	302	1
Bulls	Medium and Large 3	—	480	116.37/cwt	115.00–117.50	559	4
Bulls	Medium and Large 3	—	405	120.00/cwt	120.00–120.00	486	1
Bulls	Medium and Large 2	—	580	111.47/cwt	108.00–114.00	647	3
Bulls	Medium and Large 2	—	520	112.52/cwt	110.00–115.00	585	2
Bulls	Medium and Large 1	—	522	122.15/cwt	118.50–127.00	638	3
Bulls	Medium and Large 1	—	483	136.50/cwt	136.00–137.50	659	3
Bulls	Medium and Large 1	—	422	143.80/cwt	138.50–148.00	607	3
Bulls	Medium and Large 1	—	573	117.50/cwt	117.00–118.00	673	2
Bulls	Medium and Large 1	—	380	153.88/cwt	151.00–157.00	585	2
Bulls	Medium and Large 1	—	328	145.91/cwt	142.00–150.00	479	2
Bulls	Medium and Large 1	—	210	160.00/cwt	160.00–160.00	336	1
Bred Cows	Medium and Large 2	—	975	493.28/cwt	410.00–570.00	4,809	2
Bred Cows	Medium and Large 2	—	882	609.62/cwt	580.00–650.00	5,377	3
Bred Cows	Medium and Large 1	—	1,063	984.45/cwt	870.00–1,060.00	10,465	2
Bred Cows	Medium and Large 1	—	1,240	1,000.00/cwt	1,000.00–1,000.00	12,400	1
Bred Cows	Medium and Large 1	—	945	763.49/cwt	700.00–820.00	7,215	2
Bred Cows	Medium and Large 1	—	1,000	760.00/cwt	760.00–760.00	7,600	1
Cows	Lean 85-90%Light Weight	—	740	39.00/cwt	39.00–39.00	289	1
Cows	Lean 85-90%	—	995	49.07/cwt	46.25–50.50	488	5
Cows	Lean 85-90%	—	950	57.65/cwt	54.25–62.00	548	3
Cows	Boner 80-85%	—	1,212	55.36/cwt	54.00–60.00	671	5
Cows	Boner 80-85%	—	1,188	51.67/cwt	50.00–53.50	614	2
Cows	Boner 80-85%	—	1,190	63.00/cwt	63.00–63.00	750	1
Bulls	—	—	1,813	91.07/cwt	90.00–92.00	1,651	3
Bulls	—	—	1,263	79.00/cwt	75.00–84.00	998	3
Cow-Calf Pairs	Medium and Large 2	—	800	760.00/cwt	760.00–760.00	6,080	2
Cow-Calf Pairs	Medium and Large 2	—	765	700.00/cwt	700.00–700.00	5,355	2
Cow-Calf Pairs	Medium and Large 1	—	925	1,125.00/cwt	1,125.00–1,125.00	10,406	2
Cow-Calf Pairs	Medium and Large 1	—	848	844.19/cwt	790.00–900.00	7,159	4
Cow-Calf Pairs	Medium and Large 1	—	1,150	1,060.00/cwt	1,060.00–1,060.00	12,190	2
Steers	Medium and Large 2	—	675	121.50/cwt	121.50–121.50	820	2
Steers	Medium and Large 2	—	478	149.98/cwt	149.00–151.00	717	2
Steers	Medium and Large 2	—	378	142.45/cwt	140.00–145.00	538	2
Steers	Medium and Large 2	—	640	122.50/cwt	122.50–122.50	784	1
Steers	Medium and Large 2	—	420	150.00/cwt	150.00–150.00	630	1
Steers	Medium and Large 1	—	538	136.14/cwt	135.00–139.50	732	9
Steers	Medium and Large 1	—	822	121.96/cwt	117.50–128.00	1,003	4
Steers	Medium and Large 1	—	622	131.65/cwt	130.50–135.00	819	4
Steers	Medium and Large 1	—	573	134.06/cwt	131.00–138.00	768	3
Steers	Medium and Large 1	—	473	154.52/cwt	153.00–156.00	731	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 Jul 20, 2020

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

Feeder CattleReceipts 176Last week 229Year ago 0

Slaughter CattleReceipts 33Last week 30Year ago 0

Replacement CattleReceipts 37Last week 240Year ago 0

Compared to last week: Feeder cattle sold steady. Slaughter cows and bulls sold steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	425	154.00–164.00	158.76
1	—	775	118.00	118.00
1	—	370	174.00	174.00
1	—	315	174.00	174.00
9	—	538	135.00–139.50	136.14
4	—	822	117.50–128.00	121.96
4	—	622	130.50–135.00	131.65
3	—	573	131.00–138.00	134.06
2	—	473	153.00–156.00	154.52
Steers — Medium and Large 2$ per cwt · actual wt
2	—	675	121.50	121.50
2	—	478	149.00–151.00	149.98
2	—	378	140.00–145.00	142.45
1	—	640	122.50	122.50
1	—	420	150.00	150.00
Heifers — Medium and Large 2$ per cwt · actual wt
4	—	617	116.00–119.00	116.77
3	—	670	115.00–116.50	115.67
3	—	517	113.00–123.50	118.74
3	—	473	108.00–118.00	113.83
1	—	560	121.00	121.00
1	—	360	125.00	125.00
Heifers — Medium and Large 1$ per cwt · actual wt
8	—	518	124.00–135.00	127.28
6	—	557	126.75–129.00	127.14
4	—	474	123.50–127.50	125.77
4	—	434	125.00–130.00	127.16
3	—	672	132.00–138.00	134.96
3	—	372	130.00–134.00	131.27
1	—	325	135.00	135.00
1	—	200	151.00	151.00
Bulls — Medium and Large 3$ per cwt · actual wt
4	—	480	115.00–117.50	116.37
1	—	405	120.00	120.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	580	108.00–114.00	111.47
2	—	520	110.00–115.00	112.52
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	522	118.50–127.00	122.15
3	—	483	136.00–137.50	136.50
3	—	422	138.50–148.00	143.80
2	—	573	117.00–118.00	117.50
2	—	380	151.00–157.00	153.88
2	—	328	142.00–150.00	145.91
1	—	210	160.00	160.00

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
Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	2	—	975	410.00–570.00	493.28
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	3	—	882	580.00–650.00	609.62
Bred Cows — Medium and Large 1$ per cwt · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	1,063	870.00–1,060.00	984.45
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,240	1,000.00	1,000.00
Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	2	—	945	700.00–820.00	763.49
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,000	760.00	760.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	2	—	800	760.00	760.00
Aged (>8 yrs)	Open	2	—	765	700.00	700.00
Cow-Calf Pairs — Medium and Large 1$ per cwt · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	925	1,125.00	1,125.00
Middle Aged (5-8 yrs)	Open	4	—	848	790.00–900.00	844.19
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,150	1,060.00	1,060.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90% · Light Weight$ per cwt · actual wt
1	—	740	39.00	39.00
Cows — Lean 85-90%$ per cwt · actual wt
5	—	995	46.25–50.50	49.07
3	—	950	54.25–62.00	57.65
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,212	54.00–60.00	55.36
2	—	1,188	50.00–53.50	51.67
1	—	1,190	63.00	63.00
Bulls$ per cwt · actual wt
3	—	1,813	90.00–92.00	91.07
3	—	1,263	75.00–84.00	79.00

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

Heifers · 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