Sale reports / Mississippi / Meridian Livestock Auction / 2020-07-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 27
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
365 head
▲ 189 vs last sale 176▲ 365 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
32 head
▼ 1 vs last sale 33▲ 32 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
35 head
▼ 2 vs last sale 37▲ 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 3.00-7.00 higher. Slaughter cows were 3.00-5.00 higher. Slaughter bulls steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $145.19/cwt on 78 head.
Average price
$145.19
78 head · 545 lb average
Value per head Derived
$792
Price × average weight ÷ 100
Grade differential Derived
−$337
per head · Medium and Large 3 over Medium and Large 2
$20.06/cwt at this weight
vs the market
+5.19
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3321152.264894thin
Medium and Large 1541148.0280059
Medium and Large 2625132.2082615thin
One grade step is worth $20.06/cwt here — about −$337 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 sale78 hd
145.19
—
MS average13 barns · 1,212 hd
140.01
+5.19
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—Low1,46592.501,3552thin
CowsBoner 80-85%Average1,18565.7577913
CowsBreaker 75-80%Average1,37056.247703thin
CowsLean 85-90%Average1,06354.6658111

Every lot, as filed

70 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
Bred CowsMedium and Large 2—1,045790.00/cwt790.00–790.008,2561
HeifersMedium and Large 2—318131.56/cwt130.00–133.004182
HeifersMedium and Large 2—560118.00/cwt118.00–118.006611
HeifersMedium and Large 2—360130.00/cwt130.00–130.004681
HeifersMedium and Large 1—425134.91/cwt131.00–138.0057317
HeifersMedium and Large 1—371135.27/cwt133.00–137.0050210
HeifersMedium and Large 1—513129.97/cwt125.00–134.006677
HeifersMedium and Large 1—330138.92/cwt134.00–142.004585
HeifersMedium and Large 1—558126.50/cwt125.00–128.007064
HeifersMedium and Large 1—668113.00/cwt113.00–113.007552
HeifersMedium and Large 1—790105.00/cwt105.00–105.008301
HeifersMedium and Large 1—735100.00/cwt100.00–100.007351
HeifersMedium and Large 1—605113.00/cwt113.00–113.006841
HeifersMedium and Large 1—485130.00/cwt130.00–130.006311
BullsMedium and Large 3—420115.00/cwt115.00–115.004831
BullsMedium and Large 2—489129.00/cwt126.00–136.006314
BullsMedium and Large 2—528122.97/cwt121.00–125.006492
BullsMedium and Large 2—600107.00/cwt107.00–107.006421
BullsMedium and Large 2—580117.00/cwt117.00–117.006791
BullsMedium and Large 1-2—446138.00/cwt138.00–138.006155
BullsMedium and Large 1-2—498130.00/cwt130.00–130.006473
BullsMedium and Large 1—430142.37/cwt138.00–145.006125
BullsMedium and Large 1—616116.27/cwt114.00–120.007164
BullsMedium and Large 1—675113.01/cwt112.00–114.007633
BullsMedium and Large 1—580133.09/cwt128.00–138.007722
BullsMedium and Large 1—518131.55/cwt128.00–135.006812
BullsMedium and Large 1—473136.99/cwt136.00–138.006482
BullsMedium and Large 1—855101.00/cwt101.00–101.008641
BullsMedium and Large 1—725111.00/cwt111.00–111.008051
Cow-Calf PairsMedium and Large 2—1,0831,195.15/cwt1,125.00–1,250.0012,9434
Cow-Calf PairsMedium and Large 2—1,3051,200.00/cwt1,200.00–1,200.0015,6602
Cow-Calf PairsMedium and Large 2—1,3451,100.00/cwt1,100.00–1,100.0014,7952
SteersMedium and Large 3—290156.51/cwt156.00–157.004542
SteersMedium and Large 3—370147.00/cwt147.00–147.005441
SteersMedium and Large 3—335149.00/cwt149.00–149.004991
SteersMedium and Large 2—868118.00/cwt118.00–118.001,0245
SteersMedium and Large 2—468142.33/cwt141.00–144.006663
SteersMedium and Large 2—725122.00/cwt122.00–122.008851
SteersMedium and Large 2—670120.00/cwt120.00–120.008041
SteersMedium and Large 2—555131.00/cwt131.00–131.007271
SteersMedium and Large 2—530121.00/cwt121.00–121.006411
SteersMedium and Large 2—445145.00/cwt145.00–145.006451
SteersMedium and Large 2—380166.00/cwt166.00–166.006311
SteersMedium and Large 2—320161.00/cwt161.00–161.005151
SteersMedium and Large 1—514143.31/cwt137.00–148.0073712
SteersMedium and Large 1—788128.39/cwt128.00–132.001,01210
SteersMedium and Large 1—325173.51/cwt170.00–176.005648
SteersMedium and Large 1—720131.00/cwt131.00–131.009436
SteersMedium and Large 1—380167.36/cwt164.00–169.006365
SteersMedium and Large 1—661133.25/cwt128.00–135.008814
SteersMedium and Large 1—569135.73/cwt135.00–138.007724
SteersMedium and Large 1—274178.65/cwt175.00–186.004904
SteersMedium and Large 1—430165.03/cwt158.00–173.007103
SteersMedium and Large 1—460153.02/cwt151.00–155.007042
SteersMedium and Large 1—800127.00/cwt127.00–127.001,0161
HeifersMedium and Large 3—478116.49/cwt115.00–118.005572
HeifersMedium and Large 3—595109.00/cwt109.00–109.006491
HeifersMedium and Large 2—469125.80/cwt121.00–129.0059011
HeifersMedium and Large 2—275141.37/cwt137.00–148.003895
HeifersMedium and Large 2—225142.03/cwt139.00–146.003203
HeifersMedium and Large 2—420122.02/cwt121.00–123.005122
CowsLean 85-90%—1,09357.49/cwt53.00–60.506288
CowsLean 85-90%—98247.12/cwt42.00–50.504633
CowsBreaker 75-80%—1,37056.24/cwt55.00–57.007703
CowsBoner 80-85%—1,16565.40/cwt62.00–69.0076212
CowsBoner 80-85%—1,42070.00/cwt70.00–70.009941
Bulls——1,55587.00/cwt87.00–87.001,3531
Bulls——1,37598.00/cwt98.00–98.001,3481
Bred CowsMedium and Large 2—950925.00/cwt925.00–925.008,7881
Bred CowsMedium and Large 2—835785.33/cwt730.00–870.006,5582

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.