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
BullsAverage1,51886.011,3066thin
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 1375127.00/cwt127.00–127.004762
HeifersMedium and Large 1308128.49/cwt128.00–129.003962
HeifersMedium and Large 1605100.00/cwt100.00–100.006051
HeifersMedium and Large 1405126.00/cwt126.00–126.005101
BullsMedium and Large 3575110.00/cwt110.00–110.006331
BullsMedium and Large 2628100.65/cwt99.00–103.006323
BullsMedium and Large 2565106.56/cwt103.00–110.006022
BullsMedium and Large 2525103.56/cwt102.00–105.005442
BullsMedium and Large 2478121.01/cwt120.00–122.005782
BullsMedium and Large 283595.00/cwt95.00–95.007931
BullsMedium and Large 2685101.00/cwt101.00–101.006921
BullsMedium and Large 2400118.00/cwt118.00–118.004721
BullsMedium and Large 1430129.14/cwt126.00–130.005557
BullsMedium and Large 1478128.49/cwt126.00–130.006144
BullsMedium and Large 1562112.63/cwt108.00–120.006333
BullsMedium and Large 1515116.00/cwt116.00–116.005971
SteersMedium and Large 3379144.16/cwt140.00–148.005464
SteersMedium and Large 3590110.00/cwt110.00–110.006491
SteersMedium and Large 3400122.00/cwt122.00–122.004881
SteersMedium and Large 2566120.17/cwt114.00–124.0068010
SteersMedium and Large 2482129.74/cwt128.00–135.0062510
SteersMedium and Large 2519123.83/cwt120.00–125.006437
SteersMedium and Large 2369153.53/cwt148.00–156.005675
SteersMedium and Large 2273153.26/cwt150.00–158.004184
SteersMedium and Large 2670108.46/cwt107.00–110.007272
SteersMedium and Large 2425131.91/cwt130.00–134.005612
SteersMedium and Large 1555133.13/cwt132.00–134.0073914
SteersMedium and Large 1650116.00/cwt116.00–116.007546
SteersMedium and Large 1418140.27/cwt135.00–144.005866
SteersMedium and Large 1324161.44/cwt158.00–168.005236
SteersMedium and Large 1510130.00/cwt130.00–130.006635
SteersMedium and Large 1470138.69/cwt136.00–143.006523
SteersMedium and Large 1608118.01/cwt115.00–121.007182
SteersMedium and Large 1360162.00/cwt162.00–162.005831
HeifersMedium and Large 3572100.00/cwt100.00–100.005723
HeifersMedium and Large 3450100.00/cwt100.00–100.004501
HeifersMedium and Large 3430100.00/cwt100.00–100.004301
HeifersMedium and Large 3330110.00/cwt110.00–110.003631
HeifersMedium and Large 2510108.92/cwt102.00–110.0055523
HeifersMedium and Large 2427108.43/cwt105.00–114.004636
Bred CowsMedium and Large 19811,415.42/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
Bulls1,60689.22/cwt87.50–91.001,4334
Bulls1,34379.58/cwt76.00–82.501,0692
Bred CowsMedium and Large 2855875.00/cwt875.00–875.007,4811
Bred CowsMedium and Large 21,0141,139.86/cwt1,000.00–1,375.0011,5588
Bred CowsMedium and Large 29621,152.45/cwt925.00–1,350.0011,08710
Bred CowsMedium and Large 21,1501,135.00/cwt1,135.00–1,135.0013,0531
Bred CowsMedium and Large 11,1251,611.77/cwt1,450.00–1,750.0018,13213
Cow-Calf PairsMedium and Large 21,2381,259.95/cwt1,175.00–1,320.0015,5984
Cow-Calf PairsMedium and Large 21,1981,251.57/cwt1,200.00–1,325.0014,99412
Cow-Calf PairsMedium and Large 11,4501,528.76/cwt1,475.00–1,600.0022,1676
Cow-Calf PairsMedium and Large 11,4871,634.59/cwt1,575.00–1,700.0024,3066
Cow-Calf PairsMedium and Large 11,4391,512.28/cwt1,450.00–1,575.0021,76210
Cow-Calf PairsMedium and Large 11,4001,800.00/cwt1,800.00–1,800.0025,2002
HeifersMedium and Large 2577105.64/cwt103.00–110.006105
HeifersMedium and Large 2483108.25/cwt107.00–110.005234
HeifersMedium and Large 2373124.00/cwt124.00–124.004632
HeifersMedium and Large 2310125.50/cwt125.00–126.003892
HeifersMedium and Large 265095.00/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.