Sale reports / Mississippi / Meridian Livestock Auction / 2020-09-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 21
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
371 head
132 vs last sale 239 207 vs year ago 578 · 35.8%
Slaughter Cattle receipts
53 head
6 vs last sale 47 25 vs year ago 78 · 32.1%
Replacement Cattle receipts
35 head
5 vs last sale 30 10 vs year ago 25 · +40.0%
View

Reporter comment USDA

As filed

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

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $111.61/cwt on 72 head.
Average price
$111.61
72 head · 514 lb average
Value per head Derived
$574
Price × average weight ÷ 100
Grade differential Derived
$256
per head · Medium and Large 1-2 over Medium and Large 3
$18.40/cwt at this weight
vs the market
6.82
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2630119.007505thin
Medium and Large 1512114.7958836
Medium and Large 2498107.9053726
Medium and Large 3491100.604945thin
One grade step is worth $18.40/cwt here — about $256 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 sale72 hd
111.61
MS average11 barns · 1,017 hd
118.43
−6.82
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
BullsAverage1,50882.411,2434thin
CowsBoner 80-85%Low1,22255.6568011
CowsBreaker 75-80%Average1,44952.997684thin
CowsLean 85-90%Very Low96248.7546914

Every lot, as filed

66 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 3450105.00/cwt105.00–105.004731
HeifersMedium and Large 2562103.93/cwt100.00–108.005848
HeifersMedium and Large 2322120.02/cwt118.00–122.003865
HeifersMedium and Large 267393.98/cwt92.00–95.006323
HeifersMedium and Large 2530104.69/cwt104.00–106.005553
HeifersMedium and Large 2422114.28/cwt110.00–119.004823
HeifersMedium and Large 2475111.98/cwt110.00–114.005322
HeifersMedium and Large 262092.00/cwt92.00–92.005701
HeifersMedium and Large 2395119.00/cwt119.00–119.004701
HeifersMedium and Large 1-2630119.00/cwt119.00–119.007505
HeifersMedium and Large 1416125.24/cwt118.00–129.0052110
HeifersMedium and Large 1505117.00/cwt117.00–117.005918
HeifersMedium and Large 166499.23/cwt95.00–105.006595
HeifersMedium and Large 162099.39/cwt98.00–100.006165
HeifersMedium and Large 1378125.74/cwt125.00–127.004754
HeifersMedium and Large 1850100.00/cwt100.00–100.008501
HeifersMedium and Large 170095.00/cwt95.00–95.006651
HeifersMedium and Large 1465127.00/cwt127.00–127.005911
HeifersMedium and Large 1300126.00/cwt126.00–126.003781
BullsMedium and Large 2577100.25/cwt96.00–105.005783
BullsMedium and Large 268095.00/cwt95.00–95.006461
BullsMedium and Large 2525106.00/cwt106.00–106.005571
BullsMedium and Large 1519113.67/cwt110.00–117.005907
BullsMedium and Large 1474116.62/cwt115.00–120.005536
BullsMedium and Large 1620102.98/cwt102.00–104.006384
BullsMedium and Large 1430119.32/cwt119.00–120.005133
BullsMedium and Large 1653101.00/cwt100.00–102.006602
BullsMedium and Large 175095.00/cwt95.00–95.007131
BullsMedium and Large 1550110.00/cwt110.00–110.006051
CowsLean 85-90%87040.00/cwt40.00–40.003481
CowsBoner 80-85%1,32548.78/cwt45.00–52.506462
CowsBoner 80-85%1,20060.00/cwt60.00–60.007201
Bulls1,70387.64/cwt85.00–90.001,4932
Bred CowsMedium and Large 21,180860.00/cwt860.00–860.0010,1481
CowsLean 85-90%94447.05/cwt43.00–49.504447
CowsLean 85-90%99852.20/cwt50.00–55.005216
CowsBreaker 75-80%1,44952.99/cwt52.00–54.007684
CowsBoner 80-85%1,19956.83/cwt54.00–59.506818
Bulls1,31377.17/cwt75.00–79.501,0132
Bred CowsMedium and Large 2855760.00/cwt760.00–760.006,4981
Bred CowsMedium and Large 21,2551,310.00/cwt1,310.00–1,310.0016,4411
Bred CowsMedium and Large 21,003821.23/cwt760.00–890.008,2373
Cow-Calf PairsMedium and Large 21,040910.00/cwt910.00–910.009,4642
Cow-Calf PairsMedium and Large 21,535980.00/cwt980.00–980.0015,0432
SteersMedium and Large 3475130.00/cwt130.00–130.006181
SteersMedium and Large 3405130.00/cwt130.00–130.005271
SteersMedium and Large 3385141.00/cwt141.00–141.005431
SteersMedium and Large 3300140.00/cwt140.00–140.004201
SteersMedium and Large 2535128.00/cwt126.00–131.006853
SteersMedium and Large 2477136.69/cwt134.00–142.006523
SteersMedium and Large 2337152.69/cwt145.00–157.005153
SteersMedium and Large 2775106.00/cwt105.00–107.008222
SteersMedium and Large 2378150.03/cwt149.00–151.005672
SteersMedium and Large 2710112.00/cwt112.00–112.007951
SteersMedium and Large 2650109.00/cwt109.00–109.007091
SteersMedium and Large 2415139.00/cwt139.00–139.005771
SteersMedium and Large 1460154.11/cwt151.00–155.007098
SteersMedium and Large 1609119.25/cwt115.00–120.007267
SteersMedium and Large 1563128.00/cwt128.00–128.007217
SteersMedium and Large 1700118.00/cwt118.00–118.008266
SteersMedium and Large 1652116.75/cwt116.00–117.007614
SteersMedium and Large 1520143.00/cwt143.00–143.007441
SteersMedium and Large 1360158.00/cwt158.00–158.005691
SteersMedium and Large 1315160.00/cwt160.00–160.005041
HeifersMedium and Large 357398.49/cwt98.00–99.005642
HeifersMedium and Large 3430100.52/cwt100.00–101.004322

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.