Sale reports / Mississippi / Meridian Livestock Auction / 2020-09-07

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 7
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
335 head
▲ 45 vs last sale 290▲ 335 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
63 head
▲ 11 vs last sale 52▲ 63 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
314 head
▲ 282 vs last sale 32▲ 314 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 and bulls were steady. Sold some nice replacement cows that brought good money.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $133.37/cwt on 89 head.
Average price
$133.37
89 head · 488 lb average
Value per head Derived
$650
Price × average weight ÷ 100
Grade differential Derived
$55
per head · Medium and Large 1 over Medium and Large 2
$4.99/cwt at this weight
vs the market
+1.51
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1504135.6868343
Medium and Large 3418134.775636thin
Medium and Large 2481130.6862940
One grade step is worth $4.99/cwt here — about $55 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 sale89 hd
133.37
—
MS average13 barns · 1,268 hd
131.86
+1.51
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
Bulls—Average1,51886.011,3066thin
CowsBoner 80-85%Average1,14259.7368218
CowsLean 85-90%Average1,02549.8351124
CowsBreaker 75-80%Average1,57548.007561thin

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
HeifersMedium and Large 1—375127.00/cwt127.00–127.004762
HeifersMedium and Large 1—308128.49/cwt128.00–129.003962
HeifersMedium and Large 1—605100.00/cwt100.00–100.006051
HeifersMedium and Large 1—405126.00/cwt126.00–126.005101
BullsMedium and Large 3—575110.00/cwt110.00–110.006331
BullsMedium and Large 2—628100.65/cwt99.00–103.006323
BullsMedium and Large 2—565106.56/cwt103.00–110.006022
BullsMedium and Large 2—525103.56/cwt102.00–105.005442
BullsMedium and Large 2—478121.01/cwt120.00–122.005782
BullsMedium and Large 2—83595.00/cwt95.00–95.007931
BullsMedium and Large 2—685101.00/cwt101.00–101.006921
BullsMedium and Large 2—400118.00/cwt118.00–118.004721
BullsMedium and Large 1—430129.14/cwt126.00–130.005557
BullsMedium and Large 1—478128.49/cwt126.00–130.006144
BullsMedium and Large 1—562112.63/cwt108.00–120.006333
BullsMedium and Large 1—515116.00/cwt116.00–116.005971
SteersMedium and Large 3—379144.16/cwt140.00–148.005464
SteersMedium and Large 3—590110.00/cwt110.00–110.006491
SteersMedium and Large 3—400122.00/cwt122.00–122.004881
SteersMedium and Large 2—566120.17/cwt114.00–124.0068010
SteersMedium and Large 2—482129.74/cwt128.00–135.0062510
SteersMedium and Large 2—519123.83/cwt120.00–125.006437
SteersMedium and Large 2—369153.53/cwt148.00–156.005675
SteersMedium and Large 2—273153.26/cwt150.00–158.004184
SteersMedium and Large 2—670108.46/cwt107.00–110.007272
SteersMedium and Large 2—425131.91/cwt130.00–134.005612
SteersMedium and Large 1—555133.13/cwt132.00–134.0073914
SteersMedium and Large 1—650116.00/cwt116.00–116.007546
SteersMedium and Large 1—418140.27/cwt135.00–144.005866
SteersMedium and Large 1—324161.44/cwt158.00–168.005236
SteersMedium and Large 1—510130.00/cwt130.00–130.006635
SteersMedium and Large 1—470138.69/cwt136.00–143.006523
SteersMedium and Large 1—608118.01/cwt115.00–121.007182
SteersMedium and Large 1—360162.00/cwt162.00–162.005831
HeifersMedium and Large 3—572100.00/cwt100.00–100.005723
HeifersMedium and Large 3—450100.00/cwt100.00–100.004501
HeifersMedium and Large 3—430100.00/cwt100.00–100.004301
HeifersMedium and Large 3—330110.00/cwt110.00–110.003631
HeifersMedium and Large 2—510108.92/cwt102.00–110.0055523
HeifersMedium and Large 2—427108.43/cwt105.00–114.004636
Bred CowsMedium and Large 1—9811,415.42/cwt1,375.00–1,550.0013,88512
CowsLean 85-90%—1,04954.12/cwt52.00–55.5056814
CowsLean 85-90%—1,04247.97/cwt40.00–51.505007
CowsLean 85-90%—87234.17/cwt28.00–39.002983
CowsBreaker 75-80%—1,57548.00/cwt48.00–48.007561
CowsBoner 80-85%—1,14259.73/cwt56.50–64.0068218
Bulls——1,60689.22/cwt87.50–91.001,4334
Bulls——1,34379.58/cwt76.00–82.501,0692
Bred CowsMedium and Large 2—855875.00/cwt875.00–875.007,4811
Bred CowsMedium and Large 2—1,0141,139.86/cwt1,000.00–1,375.0011,5588
Bred CowsMedium and Large 2—9621,152.45/cwt925.00–1,350.0011,08710
Bred CowsMedium and Large 2—1,1501,135.00/cwt1,135.00–1,135.0013,0531
Bred CowsMedium and Large 1—1,1251,611.77/cwt1,450.00–1,750.0018,13213
Cow-Calf PairsMedium and Large 2—1,2381,259.95/cwt1,175.00–1,320.0015,5984
Cow-Calf PairsMedium and Large 2—1,1981,251.57/cwt1,200.00–1,325.0014,99412
Cow-Calf PairsMedium and Large 1—1,4501,528.76/cwt1,475.00–1,600.0022,1676
Cow-Calf PairsMedium and Large 1—1,4871,634.59/cwt1,575.00–1,700.0024,3066
Cow-Calf PairsMedium and Large 1—1,4391,512.28/cwt1,450.00–1,575.0021,76210
Cow-Calf PairsMedium and Large 1—1,4001,800.00/cwt1,800.00–1,800.0025,2002
HeifersMedium and Large 2—577105.64/cwt103.00–110.006105
HeifersMedium and Large 2—483108.25/cwt107.00–110.005234
HeifersMedium and Large 2—373124.00/cwt124.00–124.004632
HeifersMedium and Large 2—310125.50/cwt125.00–126.003892
HeifersMedium and Large 2—65095.00/cwt95.00–95.006181

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.