Name: Meridian Livestock Auction livestock auction prices — 2020-08-31
Creator: RaisedBeef
Published: 2020-08-31

Reporter comment USDA

As filed

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

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $130.65/cwt on 74 head.

Average price

$130.65

74 head · 528 lb average

Value per head Derived

$690

Price × average weight ÷ 100

Grade differential Derived

$42

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

$4.74/cwt at this weight

vs the market

−6.71

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	531	131.68	699	58
Medium and Large 2	517	126.94	657	16thin

One grade step is worth $4.74/cwt here — about $42 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 sale74 hd

130.65

—

MS average12 barns · 993 hd

137.36

−6.71

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	1,519	87.42	1,328	7thin
Cows	Boner 80-85%	Average	1,224	61.23	749	16
Cows	Lean 85-90%	Very Low	1,019	49.41	504	15

Every lot, as filed

59 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	—	512	129.50/cwt	126.00–133.00	663	6
Steers	Medium and Large 1	—	570	130.00/cwt	130.00–130.00	741	1
Steers	Medium and Large 2	—	613	113.98/cwt	113.00–115.00	699	2
Steers	Medium and Large 1	—	461	133.06/cwt	130.00–138.00	613	11
Steers	Medium and Large 1	—	275	177.32/cwt	175.00–180.00	488	2
Steers	Medium and Large 2	—	665	112.44/cwt	110.00–115.00	748	2
Steers	Medium and Large 1	—	630	120.77/cwt	118.00–122.00	761	26
Steers	Medium and Large 1	—	440	132.47/cwt	130.00–135.00	583	2
Steers	Medium and Large 2	—	528	119.64/cwt	116.00–123.00	632	3
Steers	Medium and Large 2	—	430	128.00/cwt	128.00–128.00	550	1
Steers	Medium and Large 1	—	325	164.01/cwt	162.00–166.00	533	3
Heifers	Medium and Large 1	—	612	110.79/cwt	110.00–113.00	678	5
Heifers	Medium and Large 1	—	335	135.00/cwt	135.00–135.00	452	1
Heifers	Medium and Large 2	—	619	104.55/cwt	100.00–107.00	647	4
Heifers	Medium and Large 1	—	720	108.00/cwt	108.00–108.00	778	9
Heifers	Medium and Large 1	—	390	135.00/cwt	135.00–135.00	527	1
Heifers	Medium and Large 2	—	474	115.83/cwt	113.00–120.00	549	6
Heifers	Medium and Large 2	—	245	130.00/cwt	130.00–130.00	319	1
Heifers	Medium and Large 1	—	520	117.00/cwt	117.00–117.00	608	1
Heifers	Medium and Large 2	—	574	111.11/cwt	105.00–115.00	638	6
Heifers	Medium and Large 2	—	340	125.00/cwt	125.00–125.00	425	1
Heifers	Medium and Large 1	—	675	113.00/cwt	113.00–113.00	763	1
Heifers	Medium and Large 2	—	523	112.14/cwt	110.00–114.00	586	8
Heifers	Medium and Large 2	—	383	124.48/cwt	121.00–128.00	477	2
Heifers	Medium and Large 1	—	750	106.00/cwt	106.00–106.00	795	1
Heifers	Medium and Large 3	—	545	101.00/cwt	101.00–101.00	550	1
Heifers	Medium and Large 2	—	428	114.66/cwt	114.00–115.00	491	3
Heifers	Medium and Large 1	—	415	128.50/cwt	125.00–132.00	533	2
Heifers	Medium and Large 1	—	230	143.00/cwt	143.00–143.00	329	1
Bulls	Medium and Large 2	—	430	115.00/cwt	115.00–115.00	495	1
Bulls	Medium and Large 1	—	560	113.00/cwt	113.00–113.00	633	1
Cow-Calf Pairs	Medium and Large 2	—	1,240	900.00/cwt	900.00–900.00	11,160	2
Bulls	Medium and Large 2	—	690	104.00/cwt	104.00–104.00	718	1
Bulls	Medium and Large 1	—	610	106.00/cwt	106.00–106.00	647	1
Bulls	Medium and Large 2	—	577	104.94/cwt	100.00–110.00	606	3
Bulls	Medium and Large 1	—	400	129.00/cwt	128.00–130.00	516	2
Bulls	Medium and Large 2	—	620	101.34/cwt	100.00–103.00	628	3
Bulls	Medium and Large 1	—	675	106.98/cwt	106.00–108.00	722	2
Bulls	—	—	1,105	78.90/cwt	75.00–83.50	872	2
Bulls	Medium and Large 2	—	520	109.96/cwt	105.00–112.00	572	4
Bulls	Medium and Large 1	—	478	125.31/cwt	124.00–128.00	599	6
Bulls	—	—	1,684	90.83/cwt	88.00–92.50	1,530	5
Bulls	Medium and Large 1	—	522	115.41/cwt	112.00–118.00	602	7
Heifers	Medium and Large 3	—	473	110.50/cwt	110.00–111.00	523	2
Heifers	Medium and Large 2	—	672	105.00/cwt	105.00–105.00	706	3
Cows	Boner 80-85%	—	1,224	61.23/cwt	58.50–64.50	749	16
Cows	Lean 85-90%	—	1,013	39.00/cwt	39.00–39.00	395	2
Cows	Lean 85-90%	—	889	45.92/cwt	45.00–48.50	408	5
Bred Cows	Medium and Large 2	—	1,250	931.98/cwt	825.00–1,050.00	11,650	5
Cows	Lean 85-90%	—	1,102	54.20/cwt	50.00–58.00	597	8
Bred Cows	Medium and Large 2	—	1,292	1,050.17/cwt	1,000.00–1,125.00	13,568	3
Bred Cows	Medium and Large 2	—	1,333	905.52/cwt	850.00–960.00	12,071	2
Steers	Medium and Large 2	—	375	152.55/cwt	149.00–157.00	572	4
Steers	Medium and Large 2	—	550	120.00/cwt	120.00–120.00	660	1
Steers	Medium and Large 1	—	358	162.34/cwt	161.00–164.00	581	3
Steers	Medium and Large 2	—	725	110.00/cwt	110.00–110.00	798	1
Steers	Medium and Large 1	—	658	118.67/cwt	118.00–120.00	781	3
Steers	Medium and Large 1	—	240	172.00/cwt	172.00–172.00	413	1
Steers	Medium and Large 2	—	465	125.52/cwt	124.00–127.00	584	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 31, 2020

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

Feeder CattleReceipts 290Last week 0Year ago 0

Slaughter CattleReceipts 52Last week 0Year ago 0

Replacement CattleReceipts 32Last week 0Year ago 0

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

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
6	—	512	126.00–133.00	129.50
1	—	570	130.00	130.00
11	—	461	130.00–138.00	133.06
2	—	275	175.00–180.00	177.32
26	—	630	118.00–122.00	120.77
2	—	440	130.00–135.00	132.47
3	—	325	162.00–166.00	164.01
3	—	358	161.00–164.00	162.34
3	—	658	118.00–120.00	118.67
1	—	240	172.00	172.00
Steers — Medium and Large 2$ per cwt · actual wt
2	—	613	113.00–115.00	113.98
2	—	665	110.00–115.00	112.44
3	—	528	116.00–123.00	119.64
1	—	430	128.00	128.00
4	—	375	149.00–157.00	152.55
1	—	550	120.00	120.00
1	—	725	110.00	110.00
2	—	465	124.00–127.00	125.52
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	612	110.00–113.00	110.79
1	—	335	135.00	135.00
9	—	720	108.00	108.00
1	—	390	135.00	135.00
1	—	520	117.00	117.00
1	—	675	113.00	113.00
1	—	750	106.00	106.00
2	—	415	125.00–132.00	128.50
1	—	230	143.00	143.00
Heifers — Medium and Large 2$ per cwt · actual wt
4	—	619	100.00–107.00	104.55
6	—	474	113.00–120.00	115.83
1	—	245	130.00	130.00
6	—	574	105.00–115.00	111.11
1	—	340	125.00	125.00
8	—	523	110.00–114.00	112.14
2	—	383	121.00–128.00	124.48
3	—	428	114.00–115.00	114.66
3	—	672	105.00	105.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	545	101.00	101.00
2	—	473	110.00–111.00	110.50
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	430	115.00	115.00
1	—	690	104.00	104.00
3	—	577	100.00–110.00	104.94
3	—	620	100.00–103.00	101.34
4	—	520	105.00–112.00	109.96
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	560	113.00	113.00
1	—	610	106.00	106.00
2	—	400	128.00–130.00	129.00
2	—	675	106.00–108.00	106.98
6	—	478	124.00–128.00	125.31
7	—	522	112.00–118.00	115.41

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,240	900.00	900.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	5	—	1,250	825.00–1,050.00	931.98
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,292	1,000.00–1,125.00	1,050.17
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,333	850.00–960.00	905.52

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,105	75.00–83.50	78.90
5	—	1,684	88.00–92.50	90.83
Cows — Boner 80-85%$ per cwt · actual wt
16	—	1,224	58.50–64.50	61.23
Cows — Lean 85-90%$ per cwt · actual wt
2	—	1,013	39.00	39.00
5	—	889	45.00–48.50	45.92
8	—	1,102	50.00–58.00	54.20

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

Replacement Cattle

Slaughter Cattle