Name: Meridian Livestock Auction livestock auction prices — 2020-08-24
Creator: RaisedBeef
Published: 2020-08-24

Reporter comment USDA

As filed

Good day, as compared to last market slaughter cows and bulls were 2-4 higher. Feeder calves were 1-3 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $142.94/cwt on 106 head.

Average price

$142.94

106 head · 477 lb average

Value per head Derived

$682

Price × average weight ÷ 100

Grade differential Derived

−$72

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

$10.90/cwt at this weight

vs the market

+4.00

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	428	149.76	642	37
Medium and Large 3	370	144.61	535	5thin
Medium and Large 1	514	138.86	713	64

One grade step is worth $10.90/cwt here — about −$72 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 sale106 hd

142.94

—

MS average13 barns · 1,328 hd

138.93

+4.00

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	1,689	90.79	1,534	5thin
Cows	Boner 80-85%	Average	1,190	61.77	735	6thin
Cows	Lean 85-90%	Average	993	49.72	494	16
Cows	Breaker 75-80%	Average	1,590	48.33	768	2thin

Every lot, as filed

67 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	—	860	115.00/cwt	115.00–115.00	989	1
Steers	Medium and Large 2	—	560	127.01/cwt	125.00–128.00	711	5
Steers	Medium and Large 1	—	682	124.56/cwt	122.00–126.00	849	11
Steers	Medium and Large 1	—	468	142.49/cwt	140.00–145.00	667	2
Steers	Medium and Large 2	—	332	163.25/cwt	155.00–165.00	542	9
Steers	Medium and Large 1	—	433	143.53/cwt	141.00–147.00	621	14
Steers	Medium and Large 1	—	825	117.00/cwt	117.00–117.00	965	2
Steers	Medium and Large 1	—	245	165.00/cwt	165.00–165.00	404	1
Steers	Medium and Large 2	—	381	158.93/cwt	154.00–163.00	606	16
Steers	Medium and Large 2	—	435	135.00/cwt	135.00–135.00	587	1
Steers	Medium and Large 1	—	313	174.40/cwt	170.00–177.00	546	5
Steers	Medium and Large 1	—	640	122.00/cwt	122.00–122.00	781	1
Steers	Medium and Large 3	—	305	144.00/cwt	144.00–144.00	439	1
Steers	Medium and Large 2	—	615	120.00/cwt	120.00–120.00	738	1
Steers	Medium and Large 1	—	270	163.81/cwt	160.00–168.00	442	6
Steers	Medium and Large 1	—	710	120.00/cwt	120.00–120.00	852	1
Heifers	Medium and Large 1	—	531	120.97/cwt	118.00–122.00	642	4
Heifers	Medium and Large 1	—	925	100.00/cwt	100.00–100.00	925	1
Heifers	Medium and Large 3	—	418	117.51/cwt	116.00–119.00	491	2
Heifers	Medium and Large 2	—	426	125.85/cwt	124.00–131.00	536	17
Heifers	Medium and Large 1	—	561	121.00/cwt	121.00–121.00	679	4
Heifers	Medium and Large 1	—	1,090	92.00/cwt	92.00–92.00	1,003	1
Heifers	Medium and Large 3	—	473	117.93/cwt	115.00–122.00	558	3
Heifers	Medium and Large 3	—	595	105.00/cwt	105.00–105.00	625	1
Heifers	Medium and Large 2	—	690	105.00/cwt	105.00–105.00	725	1
Heifers	Medium and Large 1	—	400	139.50/cwt	134.00–145.00	558	2
Heifers	Medium and Large 1	—	320	138.00/cwt	138.00–138.00	442	1
Heifers	Medium and Large 2	—	383	127.55/cwt	126.00–129.00	489	2
Heifers	Medium and Large 1	—	835	108.50/cwt	102.00–115.00	906	2
Heifers	Medium and Large 1	—	650	116.00/cwt	116.00–116.00	754	1
Heifers	Medium and Large 2	—	515	116.32/cwt	115.00–119.00	599	3
Heifers	Medium and Large 1	—	368	138.07/cwt	134.00–145.00	508	3
Heifers	Medium and Large 1	—	765	114.00/cwt	114.00–114.00	872	1
Steers	Medium and Large 3	—	386	144.76/cwt	141.00–148.00	559	4
Steers	Medium and Large 2	—	770	116.50/cwt	115.00–118.00	897	2
Steers	Medium and Large 1	—	577	130.32/cwt	130.00–132.00	752	9
Steers	Medium and Large 1	—	750	118.00/cwt	118.00–118.00	885	1
Steers	Medium and Large 2	—	460	135.35/cwt	132.00–138.00	623	3
Heifers	Medium and Large 2	—	483	122.76/cwt	122.00–125.00	593	4
Heifers	Medium and Large 1	—	615	115.35/cwt	113.00–118.00	709	3
Heifers	Medium and Large 1	—	865	101.00/cwt	101.00–101.00	874	1
Heifers	Medium and Large 3	—	375	118.95/cwt	118.00–120.00	446	2
Heifers	Medium and Large 2	—	573	114.43/cwt	111.00–117.00	656	7
Bulls	Medium and Large 2	—	735	100.00/cwt	100.00–100.00	735	1
Bulls	Medium and Large 1	—	855	94.00/cwt	94.00–94.00	804	1
Bulls	Medium and Large 2	—	575	115.00/cwt	112.00–117.00	661	3
Bulls	Medium and Large 1	—	515	123.46/cwt	122.00–125.00	636	2
Bulls	Medium and Large 2	—	753	101.00/cwt	100.00–103.00	761	3
Bulls	Medium and Large 1	—	421	132.32/cwt	128.00–136.00	557	4
Bulls	Medium and Large 1	—	385	132.00/cwt	132.00–132.00	508	1
Bulls	Medium and Large 1	—	471	132.19/cwt	128.00–137.00	623	4
Bulls	Medium and Large 1	—	565	125.00/cwt	125.00–125.00	706	1
Bulls	Medium and Large 1	—	622	113.34/cwt	107.00–118.00	705	5
Bulls	Medium and Large 1	—	670	110.00/cwt	110.00–110.00	737	1
Bulls	—	—	1,830	86.50/cwt	86.50–86.50	1,583	1
Bulls	Medium and Large 2	—	515	118.00/cwt	118.00–118.00	608	1
Bulls	Medium and Large 1	—	815	96.00/cwt	96.00–96.00	782	1
Bulls	—	—	1,654	91.86/cwt	90.00–94.00	1,519	4
Cows	Lean 85-90%	—	1,056	54.32/cwt	52.00–57.50	574	8
Cows	Boner 80-85%	—	1,190	61.77/cwt	58.00–65.00	735	6
Cows	Breaker 75-80%	—	1,590	48.33/cwt	45.00–53.50	768	2
Bred Cows	Medium and Large 2	—	1,150	860.00/cwt	860.00–860.00	9,890	1
Bred Cows	Medium and Large 2	—	1,105	775.00/cwt	775.00–775.00	8,564	1
Bred Cows	Medium and Large 2	—	978	834.45/cwt	810.00–880.00	8,161	3
Cows	Lean 85-90%	—	820	37.15/cwt	35.50–38.50	305	2
Cows	Lean 85-90%	—	966	47.77/cwt	44.00–49.00	461	6
Steers	Medium and Large 1	—	515	132.08/cwt	130.00–136.00	680	10

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 24, 2020

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

Feeder CattleReceipts 333Last week 323Year ago 0

Slaughter CattleReceipts 32Last week 36Year ago 0

Replacement CattleReceipts 18Last week 44Year ago 0

Good day, as compared to last market slaughter cows and bulls were 2-4 higher. Feeder calves were 1-3 lower.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	860	115.00	115.00
11	—	682	122.00–126.00	124.56
2	—	468	140.00–145.00	142.49
14	—	433	141.00–147.00	143.53
2	—	825	117.00	117.00
1	—	245	165.00	165.00
5	—	313	170.00–177.00	174.40
1	—	640	122.00	122.00
6	—	270	160.00–168.00	163.81
1	—	710	120.00	120.00
9	—	577	130.00–132.00	130.32
1	—	750	118.00	118.00
10	—	515	130.00–136.00	132.08
Steers — Medium and Large 2$ per cwt · actual wt
5	—	560	125.00–128.00	127.01
9	—	332	155.00–165.00	163.25
16	—	381	154.00–163.00	158.93
1	—	435	135.00	135.00
1	—	615	120.00	120.00
2	—	770	115.00–118.00	116.50
3	—	460	132.00–138.00	135.35
Steers — Medium and Large 3$ per cwt · actual wt
1	—	305	144.00	144.00
4	—	386	141.00–148.00	144.76
Heifers — Medium and Large 1$ per cwt · actual wt
4	—	531	118.00–122.00	120.97
1	—	925	100.00	100.00
4	—	561	121.00	121.00
1	—	1,090	92.00	92.00
2	—	400	134.00–145.00	139.50
1	—	320	138.00	138.00
2	—	835	102.00–115.00	108.50
1	—	650	116.00	116.00
3	—	368	134.00–145.00	138.07
1	—	765	114.00	114.00
3	—	615	113.00–118.00	115.35
1	—	865	101.00	101.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	418	116.00–119.00	117.51
3	—	473	115.00–122.00	117.93
1	—	595	105.00	105.00
2	—	375	118.00–120.00	118.95
Heifers — Medium and Large 2$ per cwt · actual wt
17	—	426	124.00–131.00	125.85
1	—	690	105.00	105.00
2	—	383	126.00–129.00	127.55
3	—	515	115.00–119.00	116.32
4	—	483	122.00–125.00	122.76
7	—	573	111.00–117.00	114.43
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	735	100.00	100.00
3	—	575	112.00–117.00	115.00
3	—	753	100.00–103.00	101.00
1	—	515	118.00	118.00
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	855	94.00	94.00
2	—	515	122.00–125.00	123.46
4	—	421	128.00–136.00	132.32
1	—	385	132.00	132.00
4	—	471	128.00–137.00	132.19
1	—	565	125.00	125.00
5	—	622	107.00–118.00	113.34
1	—	670	110.00	110.00
1	—	815	96.00	96.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,830	86.50	86.50
4	—	1,654	90.00–94.00	91.86
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,056	52.00–57.50	54.32
2	—	820	35.50–38.50	37.15
6	—	966	44.00–49.00	47.77
Cows — Boner 80-85%$ per cwt · actual wt
6	—	1,190	58.00–65.00	61.77
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,590	45.00–53.50	48.33

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)	1	—	1,150	860.00	860.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,105	775.00	775.00
Young (2-4 yrs)	1st Stage (1-3 mo)	3	—	978	810.00–880.00	834.45

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

Feeder Cattle

Slaughter Cattle

Replacement Cattle