Sale reports / Mississippi / Meridian Livestock Auction / 2020-08-10

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 10
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
340 head
52 vs last sale 288 340 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
31 head
11 vs last sale 42 31 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
57 head
29 vs last sale 28 57 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows were 4.00-7.00 lower. Slaughter bulls 2.00-4.00 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.32/cwt on 109 head.
Average price
$139.32
109 head · 536 lb average
Value per head Derived
$746
Price × average weight ÷ 100
Grade differential Derived
−$144
per head · Medium and Large 3 over Medium and Large 2
$10.19/cwt at this weight
vs the market
+1.07
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3390147.005731thin
Medium and Large 1548141.3577458
Medium and Large 2525136.8271850
One grade step is worth $10.19/cwt here — about −$144 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 sale109 hd
139.32
MS average13 barns · 1,497 hd
138.25
+1.07
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
BullsAverage1,70888.151,5066thin
CowsBoner 80-85%Average1,19057.186807thin
CowsLean 85-90%Average97745.2644213

Every lot, as filed

64 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 1525128.93/cwt125.00–134.006776
BullsMedium and Large 1470134.66/cwt131.00–138.006336
BullsMedium and Large 1665113.27/cwt110.00–115.007533
BullsMedium and Large 1612115.58/cwt110.00–120.007073
CowsLean 85-90%1,00648.90/cwt45.00–52.504929
CowsLean 85-90%91337.08/cwt33.50–40.003394
CowsBoner 80-85%1,19057.18/cwt54.50–59.006807
Bulls1,82890.31/cwt87.00–92.501,6514
HeifersMedium and Large 3570105.00/cwt105.00–105.005991
HeifersMedium and Large 3475115.00/cwt115.00–115.005461
HeifersMedium and Large 2468123.72/cwt121.00–126.005799
HeifersMedium and Large 2381129.99/cwt125.00–132.004958
HeifersMedium and Large 2526120.01/cwt116.00–123.006315
HeifersMedium and Large 2713112.74/cwt110.00–116.008044
HeifersMedium and Large 2629109.57/cwt105.00–116.006894
HeifersMedium and Large 2670112.69/cwt106.00–117.007553
HeifersMedium and Large 2567119.68/cwt119.00–120.006793
HeifersMedium and Large 2420125.02/cwt123.00–126.005253
HeifersMedium and Large 2275134.00/cwt134.00–134.003691
HeifersMedium and Large 1635122.01/cwt118.00–130.0077515
HeifersMedium and Large 1422129.77/cwt127.00–133.005485
HeifersMedium and Large 1525129.00/cwt129.00–129.006773
HeifersMedium and Large 1463128.03/cwt127.00–129.005932
HeifersMedium and Large 1275150.00/cwt150.00–150.004131
BullsMedium and Large 3575115.00/cwt115.00–115.006611
BullsMedium and Large 3530110.00/cwt110.00–110.005831
BullsMedium and Large 3490121.00/cwt121.00–121.005931
BullsMedium and Large 2523118.01/cwt115.00–121.006172
BullsMedium and Large 2745107.00/cwt107.00–107.007971
BullsMedium and Large 2650109.00/cwt109.00–109.007091
BullsMedium and Large 1430137.35/cwt136.00–140.005913
BullsMedium and Large 1700110.00/cwt110.00–110.007701
Bulls1,46883.82/cwt81.50–85.501,2302
Bred CowsMedium and Large 21,070983.04/cwt790.00–1,130.0010,5192
Bred CowsMedium and Large 21,060840.00/cwt840.00–840.008,9041
Bred CowsMedium and Large 21,148997.51/cwt860.00–1,110.0011,4514
Bred CowsMedium and Large 21,146957.50/cwt840.00–1,060.0010,9735
Cow-Calf PairsMedium and Large 21,3001,192.67/cwt1,010.00–1,290.0015,5056
Cow-Calf PairsMedium and Large 21,2921,226.39/cwt1,100.00–1,300.0015,8456
Cow-Calf PairsMedium and Large 21,1001,012.00/cwt920.00–1,080.0011,1324
Cow-Calf PairsMedium and Large 21,3751,110.00/cwt1,110.00–1,110.0015,2632
SteersMedium and Large 3390147.00/cwt147.00–147.005731
SteersMedium and Large 2482141.17/cwt137.00–144.006809
SteersMedium and Large 2367152.95/cwt149.00–159.005618
SteersMedium and Large 2582133.30/cwt127.00–138.007767
SteersMedium and Large 2418142.49/cwt139.00–145.005966
SteersMedium and Large 2721117.77/cwt116.00–122.008495
SteersMedium and Large 2528134.52/cwt130.00–137.007104
SteersMedium and Large 2778118.33/cwt118.00–119.009213
SteersMedium and Large 2673122.26/cwt119.00–126.008233
SteersMedium and Large 2338155.96/cwt154.00–158.005273
SteersMedium and Large 2645121.00/cwt119.00–123.007802
SteersMedium and Large 1651126.86/cwt126.00–127.0082615
SteersMedium and Large 1414154.36/cwt146.00–159.0063912
SteersMedium and Large 1517143.66/cwt137.00–146.007439
SteersMedium and Large 1728131.40/cwt123.00–133.009576
SteersMedium and Large 1459150.21/cwt147.00–152.006895
SteersMedium and Large 1338165.01/cwt163.00–168.005583
SteersMedium and Large 1800117.00/cwt117.00–117.009362
SteersMedium and Large 1618131.99/cwt131.00–133.008162
SteersMedium and Large 1373165.38/cwt163.00–168.006172
SteersMedium and Large 1850117.00/cwt117.00–117.009951
SteersMedium and Large 1270170.00/cwt170.00–170.004591
HeifersMedium and Large 3525115.49/cwt115.00–116.006062

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.