Name: Meridian Livestock Auction livestock auction prices — 2020-09-14
Creator: RaisedBeef
Published: 2020-09-14

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $137.72/cwt on 59 head.

Average price

$137.72

59 head · 484 lb average

Value per head Derived

$667

Price × average weight ÷ 100

Grade differential Derived

−$53

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

$25.00/cwt at this weight

vs the market

+3.05

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	442	140.00	619	27
Medium and Large 1	517	136.47	706	31
Medium and Large 3	585	115.00	673	1thin

One grade step is worth $25.00/cwt here — about −$53 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 sale59 hd

137.72

—

MS average13 barns · 875 hd

134.67

+3.05

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	1,745	87.67	1,530	4thin
Cows	Boner 80-85%	Average	1,215	59.41	722	15
Cows	Breaker 75-80%	Average	1,440	53.50	770	1thin
Cows	Lean 85-90%	Average	1,045	48.19	504	16

Every lot, as filed

57 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
Heifers	Medium and Large 2	—	373	130.64/cwt	128.00–134.00	487	5
Heifers	Medium and Large 2	—	578	102.72/cwt	101.00–106.00	594	4
Heifers	Medium and Large 2	—	613	104.34/cwt	103.00–105.00	640	3
Heifers	Medium and Large 2	—	420	116.51/cwt	116.00–117.00	489	2
Heifers	Medium and Large 2	—	318	129.33/cwt	123.00–135.00	411	2
Heifers	Medium and Large 2	—	700	104.00/cwt	104.00–104.00	728	1
Heifers	Medium and Large 2	—	545	110.00/cwt	110.00–110.00	600	1
Heifers	Medium and Large 2	—	465	116.00/cwt	116.00–116.00	539	1
Heifers	Medium and Large 1-2	—	598	128.00/cwt	128.00–128.00	765	10
Heifers	Medium and Large 1	—	521	113.21/cwt	110.00–120.00	590	10
Heifers	Medium and Large 1	—	419	123.21/cwt	119.00–130.00	516	4
Heifers	Medium and Large 1	—	617	109.30/cwt	106.00–115.00	674	3
Heifers	Medium and Large 1	—	467	120.34/cwt	119.00–122.00	562	3
Heifers	Medium and Large 1	—	655	105.00/cwt	105.00–105.00	688	1
Heifers	Medium and Large 1	—	550	113.00/cwt	113.00–113.00	622	1
Heifers	Medium and Large 1	—	380	145.00/cwt	145.00–145.00	551	1
Bulls	Medium and Large 3	—	480	112.00/cwt	112.00–112.00	538	1
Bulls	Medium and Large 2	—	525	109.00/cwt	109.00–109.00	572	3
Bulls	Medium and Large 2	—	575	106.95/cwt	105.00–109.00	615	2
Bulls	Medium and Large 2	—	950	93.00/cwt	93.00–93.00	884	1
Bulls	Medium and Large 2	—	770	96.00/cwt	96.00–96.00	739	1
Bulls	Medium and Large 2	—	685	101.00/cwt	101.00–101.00	692	1
Bulls	Medium and Large 2	—	635	105.00/cwt	105.00–105.00	667	1
Bulls	Medium and Large 1	—	608	109.97/cwt	106.00–113.00	669	4
Bulls	Medium and Large 1	—	567	113.04/cwt	110.00–115.00	641	3
Bulls	Medium and Large 1	—	475	127.34/cwt	125.00–131.00	605	3
Bulls	Medium and Large 1	—	540	117.00/cwt	117.00–117.00	632	1
Bulls	Medium and Large 1	—	445	130.00/cwt	130.00–130.00	579	1
Cows	Lean 85-90%	—	1,114	52.39/cwt	48.00–55.00	584	10
Cows	Lean 85-90%	—	931	41.20/cwt	37.00–43.50	384	6
Cows	Breaker 75-80%	—	1,440	53.50/cwt	53.50–53.50	770	1
Cows	Boner 80-85%	—	1,215	59.41/cwt	56.50–64.00	722	15
Bulls	—	—	1,763	88.89/cwt	88.50–89.50	1,567	3
Bulls	—	—	1,690	84.00/cwt	84.00–84.00	1,420	1
Bred Cows	Medium and Large 2	—	958	900.13/cwt	700.00–1,050.00	8,623	2
Bred Cows	Medium and Large 2	—	920	710.00/cwt	710.00–710.00	6,532	1
Bred Cows	Medium and Large 2	—	1,115	780.00/cwt	780.00–780.00	8,697	1
Cow-Calf Pairs	Medium and Large 2	—	1,050	1,130.00/cwt	1,130.00–1,130.00	11,865	2
Steers	Medium and Large 3	—	585	115.00/cwt	115.00–115.00	673	1
Steers	Medium and Large 2	—	476	138.10/cwt	133.00–143.00	657	7
Steers	Medium and Large 2	—	382	152.04/cwt	147.00–156.00	581	7
Steers	Medium and Large 2	—	583	121.20/cwt	119.00–124.00	707	5
Steers	Medium and Large 2	—	533	125.48/cwt	124.00–127.00	669	2
Steers	Medium and Large 2	—	435	139.49/cwt	139.00–140.00	607	2
Steers	Medium and Large 2	—	260	153.06/cwt	150.00–156.00	398	2
Steers	Medium and Large 2	—	335	154.00/cwt	154.00–154.00	516	1
Steers	Medium and Large 2	—	235	153.00/cwt	153.00–153.00	360	1
Steers	Medium and Large 1	—	605	123.38/cwt	120.00–125.00	746	8
Steers	Medium and Large 1	—	528	132.79/cwt	128.00–136.00	701	6
Steers	Medium and Large 1	—	426	148.63/cwt	142.00–152.00	633	6
Steers	Medium and Large 1	—	580	132.32/cwt	130.00–134.00	767	3
Steers	Medium and Large 1	—	470	143.68/cwt	142.00–145.00	675	3
Steers	Medium and Large 1	—	293	162.49/cwt	161.00–164.00	476	2
Steers	Medium and Large 1	—	700	119.00/cwt	119.00–119.00	833	1
Steers	Medium and Large 1	—	680	120.00/cwt	120.00–120.00	816	1
Steers	Medium and Large 1	—	350	163.00/cwt	163.00–163.00	571	1
Heifers	Medium and Large 2	—	666	102.99/cwt	100.00–105.00	686	6

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 Sep 14, 2020

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

Feeder CattleReceipts 239Last week 335Year ago 0

Slaughter CattleReceipts 47Last week 63Year ago 0

Replacement CattleReceipts 30Last week 314Year ago 0

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
5	—	373	128.00–134.00	130.64
4	—	578	101.00–106.00	102.72
3	—	613	103.00–105.00	104.34
2	—	420	116.00–117.00	116.51
2	—	318	123.00–135.00	129.33
1	—	700	104.00	104.00
1	—	545	110.00	110.00
1	—	465	116.00	116.00
6	—	666	100.00–105.00	102.99
Heifers — Medium and Large 1-2$ per cwt · actual wt
10	—	598	128.00	128.00
Heifers — Medium and Large 1$ per cwt · actual wt
10	—	521	110.00–120.00	113.21
4	—	419	119.00–130.00	123.21
3	—	617	106.00–115.00	109.30
3	—	467	119.00–122.00	120.34
1	—	655	105.00	105.00
1	—	550	113.00	113.00
1	—	380	145.00	145.00
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	480	112.00	112.00
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	525	109.00	109.00
2	—	575	105.00–109.00	106.95
1	—	950	93.00	93.00
1	—	770	96.00	96.00
1	—	685	101.00	101.00
1	—	635	105.00	105.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	608	106.00–113.00	109.97
3	—	567	110.00–115.00	113.04
3	—	475	125.00–131.00	127.34
1	—	540	117.00	117.00
1	—	445	130.00	130.00
Steers — Medium and Large 3$ per cwt · actual wt
1	—	585	115.00	115.00
Steers — Medium and Large 2$ per cwt · actual wt
7	—	476	133.00–143.00	138.10
7	—	382	147.00–156.00	152.04
5	—	583	119.00–124.00	121.20
2	—	533	124.00–127.00	125.48
2	—	435	139.00–140.00	139.49
2	—	260	150.00–156.00	153.06
1	—	335	154.00	154.00
1	—	235	153.00	153.00
Steers — Medium and Large 1$ per cwt · actual wt
8	—	605	120.00–125.00	123.38
6	—	528	128.00–136.00	132.79
6	—	426	142.00–152.00	148.63
3	—	580	130.00–134.00	132.32
3	—	470	142.00–145.00	143.68
2	—	293	161.00–164.00	162.49
1	—	700	119.00	119.00
1	—	680	120.00	120.00
1	—	350	163.00	163.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
10	—	1,114	48.00–55.00	52.39
6	—	931	37.00–43.50	41.20
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,440	53.50	53.50
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,215	56.50–64.00	59.41
Bulls$ per cwt · actual wt
3	—	1,763	88.50–89.50	88.89
1	—	1,690	84.00	84.00

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
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	958	700.00–1,050.00	900.13
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	920	710.00	710.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,115	780.00	780.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	1,050	1,130.00	1,130.00

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

Feeder Cattle

Slaughter Cattle

Replacement Cattle