Name: Meridian Livestock Auction livestock auction prices — 2020-08-03
Creator: RaisedBeef
Published: 2020-08-03

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $137.61/cwt on 90 head.

Average price

$137.61

90 head · 602 lb average

Value per head Derived

$828

Price × average weight ÷ 100

Grade differential Derived

$95

per head · Medium and Large 2 over Medium and Large 3

$4.17/cwt at this weight

vs the market

−3.14

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	529	139.17	736	17thin
Medium and Large 1	621	137.28	852	72
Medium and Large 3	475	135.00	641	1thin

One grade step is worth $4.17/cwt here — about $95 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

137.61

—

MS average13 barns · 1,308 hd

140.75

−3.14

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	1,545	91.78	1,418	5thin
Cows	Boner 80-85%	Average	1,167	65.31	762	20
Cows	Breaker 75-80%	Average	1,395	60.00	837	1thin
Cows	Lean 85-90%	Low	1,036	56.82	589	11

Every lot, as filed

65 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	Lean 85-90%	—	925	51.00/cwt	51.00–51.00	472	1
Cows	Breaker 75-80%	—	1,395	60.00/cwt	60.00–60.00	837	1
Cows	Boner 80-85%	—	1,119	64.24/cwt	62.00–66.50	719	15
Cows	Boner 80-85%	—	1,311	68.52/cwt	68.00–69.00	898	5
Bulls	—	—	1,660	96.54/cwt	95.50–98.00	1,603	3
Bulls	—	—	1,373	84.64/cwt	82.00–87.00	1,162	2
Bred Cows	Medium and Large 2	—	1,184	901.74/cwt	860.00–950.00	10,677	5
Bred Cows	Medium and Large 2	—	1,003	911.28/cwt	720.00–1,025.00	9,140	4
Cow-Calf Pairs	Medium and Large 2	—	1,430	1,260.00/cwt	1,260.00–1,260.00	18,018	2
Cow-Calf Pairs	Medium and Large 2	—	1,333	1,272.75/cwt	1,270.00–1,275.00	16,966	4
Cow-Calf Pairs	Medium and Large 2	—	1,055	1,175.00/cwt	1,175.00–1,175.00	12,396	2
Steers	Medium and Large 3	—	475	135.00/cwt	135.00–135.00	641	1
Steers	Medium and Large 2	—	670	126.70/cwt	124.00–128.00	849	3
Steers	Medium and Large 2	—	568	132.31/cwt	129.00–135.00	752	3
Steers	Medium and Large 2	—	470	146.30/cwt	145.00–148.00	688	3
Steers	Medium and Large 2	—	773	117.50/cwt	116.00–119.00	908	2
Steers	Medium and Large 2	—	338	160.00/cwt	160.00–160.00	541	2
Steers	Medium and Large 2	—	615	127.00/cwt	127.00–127.00	781	1
Steers	Medium and Large 2	—	520	137.00/cwt	137.00–137.00	712	1
Steers	Medium and Large 2	—	270	163.00/cwt	163.00–163.00	440	1
Steers	Medium and Large 2	—	245	168.00/cwt	168.00–168.00	412	1
Steers	Medium and Large 1	—	670	132.40/cwt	129.00–135.00	887	21
Steers	Medium and Large 1	—	709	128.39/cwt	124.00–129.00	910	13
Steers	Medium and Large 1	—	813	120.02/cwt	119.00–122.00	976	7
Steers	Medium and Large 1	—	636	133.00/cwt	132.00–134.00	846	6
Steers	Medium and Large 1	—	472	152.23/cwt	145.00–158.00	719	6
Steers	Medium and Large 1	—	525	142.69/cwt	141.00–145.00	749	4
Steers	Medium and Large 1	—	428	155.79/cwt	150.00–158.00	667	4
Steers	Medium and Large 1	—	377	168.36/cwt	166.00–171.00	635	3
Steers	Medium and Large 1	—	860	116.48/cwt	115.00–118.00	1,002	2
Steers	Medium and Large 1	—	238	174.04/cwt	170.00–178.00	414	2
Steers	Medium and Large 1	—	750	124.00/cwt	124.00–124.00	930	1
Cows	Lean 85-90%	—	1,047	57.40/cwt	53.50–61.50	601	10
Steers	Medium and Large 1	—	555	140.00/cwt	140.00–140.00	777	1
Steers	Medium and Large 1	—	335	165.00/cwt	165.00–165.00	553	1
Steers	Medium and Large 1	—	280	174.00/cwt	174.00–174.00	487	1
Heifers	Medium and Large 2	—	472	128.03/cwt	124.00–131.00	604	11
Heifers	Medium and Large 2	—	562	119.40/cwt	118.00–121.00	671	5
Heifers	Medium and Large 2	—	278	145.00/cwt	145.00–145.00	403	3
Heifers	Medium and Large 2	—	683	103.96/cwt	100.00–108.00	710	2
Heifers	Medium and Large 2	—	523	119.48/cwt	119.00–120.00	625	2
Heifers	Medium and Large 2	—	780	105.00/cwt	105.00–105.00	819	1
Heifers	Medium and Large 2	—	730	105.00/cwt	105.00–105.00	767	1
Heifers	Medium and Large 2	—	630	105.00/cwt	105.00–105.00	662	1
Heifers	Medium and Large 2	—	435	130.00/cwt	130.00–130.00	566	1
Heifers	Medium and Large 1	—	524	123.51/cwt	122.00–126.00	647	8
Heifers	Medium and Large 1	—	429	137.02/cwt	134.00–140.00	588	6
Heifers	Medium and Large 1	—	563	122.99/cwt	122.00–125.00	692	3
Heifers	Medium and Large 1	—	368	134.73/cwt	132.00–136.00	496	3
Heifers	Medium and Large 1	—	602	124.00/cwt	124.00–124.00	746	2
Heifers	Medium and Large 1	—	310	139.00/cwt	138.00–140.00	431	2
Heifers	Medium and Large 1	—	288	149.50/cwt	149.00–150.00	431	2
Heifers	Medium and Large 1	—	735	114.00/cwt	114.00–114.00	838	1
Heifers	Medium and Large 1	—	665	116.00/cwt	116.00–116.00	771	1
Heifers	Medium and Large 1	—	485	131.00/cwt	131.00–131.00	635	1
Heifers	Medium and Large 1	—	240	155.00/cwt	155.00–155.00	372	1
Bulls	Medium and Large 2	—	563	121.02/cwt	117.00–125.00	681	3
Bulls	Medium and Large 2	—	533	124.00/cwt	123.00–125.00	661	2
Bulls	Medium and Large 2	—	465	128.00/cwt	128.00–128.00	595	1
Bulls	Medium and Large 2	—	440	129.00/cwt	129.00–129.00	568	1
Bulls	Medium and Large 1	—	508	134.16/cwt	130.00–139.00	682	6
Bulls	Medium and Large 1	—	672	115.66/cwt	114.00–117.00	777	3
Bulls	Medium and Large 1	—	482	130.33/cwt	130.00–131.00	628	3
Bulls	Medium and Large 1	—	605	120.49/cwt	119.00–122.00	729	2
Bulls	Medium and Large 1	—	765	115.00/cwt	115.00–115.00	880	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 Aug 3, 2020

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

Feeder CattleReceipts 288Last week 365Year ago 0

Slaughter CattleReceipts 42Last week 32Year ago 0

Replacement CattleReceipts 28Last week 35Year ago 0

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

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	925	51.00	51.00
10	—	1,047	53.50–61.50	57.40
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,395	60.00	60.00
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,119	62.00–66.50	64.24
5	—	1,311	68.00–69.00	68.52
Bulls$ per cwt · actual wt
3	—	1,660	95.50–98.00	96.54
2	—	1,373	82.00–87.00	84.64

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)	5	—	1,184	860.00–950.00	901.74
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	4	—	1,003	720.00–1,025.00	911.28
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	1,430	1,260.00	1,260.00
Middle Aged (5-8 yrs)	Open	4	—	1,333	1,270.00–1,275.00	1,272.75
Middle Aged (5-8 yrs)	Open	2	—	1,055	1,175.00	1,175.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	475	135.00	135.00
Steers — Medium and Large 2$ per cwt · actual wt
3	—	670	124.00–128.00	126.70
3	—	568	129.00–135.00	132.31
3	—	470	145.00–148.00	146.30
2	—	773	116.00–119.00	117.50
2	—	338	160.00	160.00
1	—	615	127.00	127.00
1	—	520	137.00	137.00
1	—	270	163.00	163.00
1	—	245	168.00	168.00
Steers — Medium and Large 1$ per cwt · actual wt
21	—	670	129.00–135.00	132.40
13	—	709	124.00–129.00	128.39
7	—	813	119.00–122.00	120.02
6	—	636	132.00–134.00	133.00
6	—	472	145.00–158.00	152.23
4	—	525	141.00–145.00	142.69
4	—	428	150.00–158.00	155.79
3	—	377	166.00–171.00	168.36
2	—	860	115.00–118.00	116.48
2	—	238	170.00–178.00	174.04
1	—	750	124.00	124.00
1	—	555	140.00	140.00
1	—	335	165.00	165.00
1	—	280	174.00	174.00
Heifers — Medium and Large 2$ per cwt · actual wt
11	—	472	124.00–131.00	128.03
5	—	562	118.00–121.00	119.40
3	—	278	145.00	145.00
2	—	683	100.00–108.00	103.96
2	—	523	119.00–120.00	119.48
1	—	780	105.00	105.00
1	—	730	105.00	105.00
1	—	630	105.00	105.00
1	—	435	130.00	130.00
Heifers — Medium and Large 1$ per cwt · actual wt
8	—	524	122.00–126.00	123.51
6	—	429	134.00–140.00	137.02
3	—	563	122.00–125.00	122.99
3	—	368	132.00–136.00	134.73
2	—	602	124.00	124.00
2	—	310	138.00–140.00	139.00
2	—	288	149.00–150.00	149.50
1	—	735	114.00	114.00
1	—	665	116.00	116.00
1	—	485	131.00	131.00
1	—	240	155.00	155.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	563	117.00–125.00	121.02
2	—	533	123.00–125.00	124.00
1	—	465	128.00	128.00
1	—	440	129.00	129.00
Bulls — Medium and Large 1$ per cwt · actual wt
6	—	508	130.00–139.00	134.16
3	—	672	114.00–117.00	115.66
3	—	482	130.00–131.00	130.33
2	—	605	119.00–122.00	120.49
1	—	765	115.00	115.00

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

Replacement Cattle

Feeder Cattle