Name: Meridian Livestock Auction livestock auction prices — 2020-08-17
Creator: RaisedBeef
Published: 2020-08-17

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $136.52/cwt on 76 head.

Average price

$136.52

76 head · 530 lb average

Value per head Derived

$724

Price × average weight ÷ 100

Grade differential Derived

−$164

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

$13.45/cwt at this weight

vs the market

−4.07

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 3	377	146.89	553	9thin
Medium and Large 1	561	136.42	765	38
Medium and Large 2	537	133.44	717	29

One grade step is worth $13.45/cwt here — about −$164 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 sale76 hd

136.52

—

MS average13 barns · 1,521 hd

140.60

−4.07

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,536	82.60	1,269	5thin
Cows	Boner 80-85%	Average	1,020	55.84	570	3thin
Cows	Lean 85-90%	Average	1,046	49.01	513	19

Every lot, as filed

63 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%	—	1,061	51.07/cwt	49.00–53.50	542	13
Cows	Lean 85-90%	—	1,013	44.54/cwt	42.50–46.50	451	6
Cows	Boner 80-85%	—	1,020	55.84/cwt	55.50–56.00	570	3
Heifers	Medium and Large 2	—	630	114.49/cwt	114.00–115.00	721	2
Heifers	Medium and Large 2	—	428	120.00/cwt	120.00–120.00	514	2
Heifers	Medium and Large 2	—	385	130.00/cwt	130.00–130.00	501	1
Heifers	Medium and Large 2	—	300	130.00/cwt	130.00–130.00	390	1
Heifers	Medium and Large 1	—	523	122.14/cwt	121.00–125.00	639	11
Heifers	Medium and Large 1	—	581	121.00/cwt	121.00–121.00	703	5
Heifers	Medium and Large 1	—	672	121.00/cwt	121.00–121.00	813	4
Heifers	Medium and Large 1	—	623	121.52/cwt	120.00–123.00	757	4
Heifers	Medium and Large 1	—	458	124.24/cwt	122.00–125.00	569	4
Heifers	Medium and Large 1	—	428	129.31/cwt	128.00–130.00	553	3
Heifers	Medium and Large 1	—	322	137.02/cwt	133.00–140.00	441	3
Heifers	Medium and Large 1	—	828	112.04/cwt	110.00–114.00	928	2
Heifers	Medium and Large 1	—	793	116.00/cwt	115.00–117.00	920	2
Heifers	Medium and Large 1	—	703	118.01/cwt	115.00–121.00	830	2
Heifers	Medium and Large 1	—	370	136.00/cwt	136.00–136.00	503	2
Bulls	Medium and Large 2	—	568	112.73/cwt	110.00–116.00	640	3
Bulls	Medium and Large 2	—	478	119.55/cwt	114.00–125.00	571	3
Bulls	Medium and Large 2	—	420	124.43/cwt	119.00–130.00	523	2
Bulls	Medium and Large 2	—	740	100.00/cwt	100.00–100.00	740	1
Bulls	Medium and Large 2	—	625	100.00/cwt	100.00–100.00	625	1
Bulls	Medium and Large 2	—	535	114.00/cwt	114.00–114.00	610	1
Bulls	Medium and Large 1	—	608	112.50/cwt	112.00–113.00	684	2
Bulls	Medium and Large 1	—	558	120.51/cwt	120.00–121.00	672	2
Bulls	Medium and Large 1	—	473	141.48/cwt	140.00–143.00	669	2
Bulls	Medium and Large 1	—	900	91.00/cwt	91.00–91.00	819	1
Bulls	Medium and Large 1	—	655	110.00/cwt	110.00–110.00	721	1
Bulls	Medium and Large 1	—	515	120.00/cwt	120.00–120.00	618	1
Bulls	Medium and Large 1	—	420	142.00/cwt	142.00–142.00	596	1
Bulls	—	—	1,728	87.65/cwt	86.00–88.50	1,515	3
Bulls	—	—	1,248	75.02/cwt	74.00–76.00	936	2
Bred Cows	Medium and Large 2	—	960	700.00/cwt	700.00–700.00	6,720	1
Bred Cows	Medium and Large 2	—	1,415	850.00/cwt	850.00–850.00	12,028	1
Cow-Calf Pairs	Medium and Large 2	—	1,235	1,027.02/cwt	940.00–1,075.00	12,684	6
Cow-Calf Pairs	Medium and Large 2	—	1,405	1,140.00/cwt	1,140.00–1,140.00	16,017	2
Steers	Medium and Large 3	—	375	149.02/cwt	147.00–150.00	559	6
Steers	Medium and Large 3	—	333	149.44/cwt	148.00–151.00	498	2
Steers	Medium and Large 3	—	475	129.00/cwt	129.00–129.00	613	1
Steers	Medium and Large 2	—	484	140.28/cwt	130.00–146.00	679	17
Steers	Medium and Large 2	—	567	126.76/cwt	126.00–127.00	719	4
Steers	Medium and Large 2	—	735	108.99/cwt	108.00–110.00	801	2
Steers	Medium and Large 2	—	663	120.00/cwt	119.00–121.00	796	2
Steers	Medium and Large 2	—	760	116.00/cwt	116.00–116.00	882	1
Steers	Medium and Large 2	—	645	122.00/cwt	122.00–122.00	787	1
Steers	Medium and Large 2	—	515	127.00/cwt	127.00–127.00	654	1
Steers	Medium and Large 2	—	370	155.00/cwt	155.00–155.00	574	1
Steers	Medium and Large 1	—	630	127.82/cwt	123.00–131.00	805	7
Steers	Medium and Large 1	—	526	133.90/cwt	130.00–142.00	704	6
Steers	Medium and Large 1	—	414	153.10/cwt	149.00–159.00	634	5
Steers	Medium and Large 1	—	713	121.73/cwt	119.00–126.00	868	4
Steers	Medium and Large 1	—	678	125.03/cwt	122.00–127.00	848	4
Steers	Medium and Large 1	—	813	118.00/cwt	118.00–118.00	959	3
Steers	Medium and Large 1	—	567	134.01/cwt	133.00–135.00	760	3
Steers	Medium and Large 1	—	383	160.00/cwt	160.00–160.00	613	2
Steers	Medium and Large 1	—	315	164.16/cwt	159.00–169.00	517	2
Steers	Medium and Large 1	—	290	164.51/cwt	164.00–165.00	477	2
Heifers	Medium and Large 3	—	525	100.00/cwt	100.00–100.00	525	1
Heifers	Medium and Large 2	—	520	117.17/cwt	112.00–120.00	609	7
Heifers	Medium and Large 2	—	569	118.80/cwt	117.00–120.00	676	5
Heifers	Medium and Large 2	—	478	118.20/cwt	115.00–120.00	565	4
Heifers	Medium and Large 2	—	678	112.50/cwt	112.00–113.00	763	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 Aug 17, 2020

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

Feeder CattleReceipts 323Last week 340Year ago 0

Slaughter CattleReceipts 36Last week 31Year ago 0

Replacement CattleReceipts 44Last week 57Year ago 0

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

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
13	—	1,061	49.00–53.50	51.07
6	—	1,013	42.50–46.50	44.54
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,020	55.50–56.00	55.84
Bulls$ per cwt · actual wt
3	—	1,728	86.00–88.50	87.65
2	—	1,248	74.00–76.00	75.02

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	630	114.00–115.00	114.49
2	—	428	120.00	120.00
1	—	385	130.00	130.00
1	—	300	130.00	130.00
7	—	520	112.00–120.00	117.17
5	—	569	117.00–120.00	118.80
4	—	478	115.00–120.00	118.20
2	—	678	112.00–113.00	112.50
Heifers — Medium and Large 1$ per cwt · actual wt
11	—	523	121.00–125.00	122.14
5	—	581	121.00	121.00
4	—	672	121.00	121.00
4	—	623	120.00–123.00	121.52
4	—	458	122.00–125.00	124.24
3	—	428	128.00–130.00	129.31
3	—	322	133.00–140.00	137.02
2	—	828	110.00–114.00	112.04
2	—	793	115.00–117.00	116.00
2	—	703	115.00–121.00	118.01
2	—	370	136.00	136.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	525	100.00	100.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	568	110.00–116.00	112.73
3	—	478	114.00–125.00	119.55
2	—	420	119.00–130.00	124.43
1	—	740	100.00	100.00
1	—	625	100.00	100.00
1	—	535	114.00	114.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	608	112.00–113.00	112.50
2	—	558	120.00–121.00	120.51
2	—	473	140.00–143.00	141.48
1	—	900	91.00	91.00
1	—	655	110.00	110.00
1	—	515	120.00	120.00
1	—	420	142.00	142.00
Steers — Medium and Large 3$ per cwt · actual wt
6	—	375	147.00–150.00	149.02
2	—	333	148.00–151.00	149.44
1	—	475	129.00	129.00
Steers — Medium and Large 2$ per cwt · actual wt
17	—	484	130.00–146.00	140.28
4	—	567	126.00–127.00	126.76
2	—	735	108.00–110.00	108.99
2	—	663	119.00–121.00	120.00
1	—	760	116.00	116.00
1	—	645	122.00	122.00
1	—	515	127.00	127.00
1	—	370	155.00	155.00
Steers — Medium and Large 1$ per cwt · actual wt
7	—	630	123.00–131.00	127.82
6	—	526	130.00–142.00	133.90
5	—	414	149.00–159.00	153.10
4	—	713	119.00–126.00	121.73
4	—	678	122.00–127.00	125.03
3	—	813	118.00	118.00
3	—	567	133.00–135.00	134.01
2	—	383	160.00	160.00
2	—	315	159.00–169.00	164.16
2	—	290	164.00–165.00	164.51

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)	1st/2nd Stage (1-6 mo)	1	—	960	700.00	700.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,415	850.00	850.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	6	—	1,235	940.00–1,075.00	1,027.02
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,405	1,140.00	1,140.00

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

Feeder Cattle

Replacement Cattle