Name: Meridian Livestock Auction livestock auction prices — 2020-09-28
Creator: RaisedBeef
Published: 2020-09-28

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were 2.00-5.00 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $132.11/cwt on 63 head.

Average price

$132.11

63 head · 510 lb average

Value per head Derived

$674

Price × average weight ÷ 100

Grade differential Derived

−$97

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

$3.24/cwt at this weight

vs the market

−2.70

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	456	134.17	612	23
Medium and Large 1	542	130.93	709	40

One grade step is worth $3.24/cwt here — about −$97 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 sale63 hd

132.11

—

MS average13 barns · 1,076 hd

134.82

−2.70

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	1,495	72.92	1,091	9thin
Cows	Boner 80-85%	Average	1,190	49.41	588	15
Cows	Breaker 75-80%	Average	1,220	48.47	591	2thin
Cows	Lean 85-90%	Low	1,023	40.21	411	20

Every lot, as filed

51 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	—	518	104.79/cwt	101.00–110.00	543	10
Heifers	Medium and Large 2	—	327	121.03/cwt	120.00–122.00	396	3
Bulls	Medium and Large 2	—	650	96.00/cwt	96.00–96.00	624	1
Heifers	Medium and Large 2	—	461	109.55/cwt	107.00–112.00	505	5
Steers	Medium and Large 2	—	523	116.66/cwt	116.00–117.00	610	3
Heifers	Medium and Large 1	—	663	98.01/cwt	96.00–100.00	650	2
Bulls	—	—	1,373	74.68/cwt	72.50–76.50	1,025	2
Cows	Lean 85-90%	—	1,013	35.45/cwt	31.50–39.50	359	8
Bulls	—	—	1,458	64.63/cwt	61.00–68.00	942	4
Steers	Medium and Large 1	—	573	118.52/cwt	118.00–119.00	679	2
Heifers	Medium and Large 1	—	566	114.70/cwt	112.00–123.00	649	4
Cows	Breaker 75-80%	—	1,220	48.47/cwt	47.00–50.00	591	2
Cows	Lean 85-90%	—	1,030	43.39/cwt	40.00–46.00	447	12
Cows	Boner 80-85%	—	1,190	49.41/cwt	46.50–52.00	588	15
Bulls	—	—	1,627	82.81/cwt	82.00–84.00	1,347	3
Heifers	Medium and Large 1	—	450	117.50/cwt	117.00–118.00	529	2
Steers	Medium and Large 1	—	622	117.15/cwt	115.00–121.00	729	6
Steers	Medium and Large 2	—	427	138.32/cwt	135.00–143.00	591	6
Steers	Medium and Large 2	—	375	146.29/cwt	144.00–150.00	549	7
Heifers	Medium and Large 2	—	567	103.36/cwt	100.00–110.00	586	5
Heifers	Medium and Large 1	—	613	99.01/cwt	96.00–102.00	607	2
Steers	Medium and Large 1	—	367	158.77/cwt	155.00–164.00	583	6
Bulls	Medium and Large 1	—	505	117.31/cwt	114.00–123.00	592	3
Bulls	Medium and Large 2	—	478	118.48/cwt	118.00–119.00	566	2
Bulls	Medium and Large 2	—	528	106.09/cwt	102.00–110.00	560	2
Heifers	Medium and Large 2	—	369	123.03/cwt	120.00–125.00	454	5
Bulls	Medium and Large 1	—	468	122.68/cwt	120.00–127.00	574	3
Bulls	Medium and Large 1	—	427	123.98/cwt	120.00–126.00	529	3
Bulls	Medium and Large 1	—	625	102.94/cwt	101.00–105.00	643	2
Heifers	Medium and Large 3	—	470	105.00/cwt	105.00–105.00	494	1
Heifers	Medium and Large 3	—	575	95.00/cwt	95.00–95.00	546	1
Steers	Medium and Large 2	—	583	115.24/cwt	113.00–116.00	672	4
Steers	Medium and Large 1	—	465	149.87/cwt	146.00–154.00	697	2
Steers	Medium and Large 1	—	417	149.69/cwt	145.00–154.00	624	3
Steers	Medium and Large 1	—	313	163.04/cwt	162.00–164.00	510	2
Steers	Medium and Large 2	—	468	140.34/cwt	140.00–141.00	657	3
Heifers	Medium and Large 2	—	434	111.01/cwt	108.00–113.00	482	5
Bulls	Medium and Large 1	—	655	104.00/cwt	104.00–104.00	681	1
Heifers	Medium and Large 1	—	830	96.00/cwt	96.00–96.00	797	1
Steers	Medium and Large 1	—	675	115.31/cwt	113.00–117.00	778	10
Heifers	Medium and Large 1	—	329	129.19/cwt	128.00–130.00	425	5
Bred Cows	Medium and Large 2	—	1,268	908.88/cwt	800.00–1,010.00	11,525	7
Bred Cows	Medium and Large 2	—	1,495	910.00/cwt	910.00–910.00	13,605	1
Steers	Medium and Large 1	—	765	115.00/cwt	115.00–115.00	880	1
Heifers	Medium and Large 1	—	740	97.00/cwt	97.00–97.00	718	1
Heifers	Medium and Large 1	—	370	131.07/cwt	126.00–136.00	485	4
Heifers	Medium and Large 1	—	405	117.66/cwt	115.00–120.00	477	3
Bred Cows	Medium and Large 2	—	1,355	900.00/cwt	900.00–900.00	12,195	1
Cow-Calf Pairs	Medium and Large 2	—	1,520	1,100.00/cwt	1,100.00–1,100.00	16,720	2
Steers	Medium and Large 1	—	533	125.21/cwt	119.00–134.00	667	8
Bulls	Medium and Large 2	—	568	106.69/cwt	103.00–110.00	606	3

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 28, 2020

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

Feeder CattleReceipts 348Last week 371Year ago 217

Slaughter CattleReceipts 75Last week 53Year ago 59

Replacement CattleReceipts 39Last week 35Year ago 45

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were 2.00-5.00 lower.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
10	—	518	101.00–110.00	104.79
3	—	327	120.00–122.00	121.03
5	—	461	107.00–112.00	109.55
5	—	567	100.00–110.00	103.36
5	—	369	120.00–125.00	123.03
5	—	434	108.00–113.00	111.01
Heifers — Medium and Large 1$ per cwt · actual wt
2	—	663	96.00–100.00	98.01
4	—	566	112.00–123.00	114.70
2	—	450	117.00–118.00	117.50
2	—	613	96.00–102.00	99.01
1	—	830	96.00	96.00
5	—	329	128.00–130.00	129.19
1	—	740	97.00	97.00
4	—	370	126.00–136.00	131.07
3	—	405	115.00–120.00	117.66
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	470	105.00	105.00
1	—	575	95.00	95.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	650	96.00	96.00
2	—	478	118.00–119.00	118.48
2	—	528	102.00–110.00	106.09
3	—	568	103.00–110.00	106.69
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	505	114.00–123.00	117.31
3	—	468	120.00–127.00	122.68
3	—	427	120.00–126.00	123.98
2	—	625	101.00–105.00	102.94
1	—	655	104.00	104.00
Steers — Medium and Large 2$ per cwt · actual wt
3	—	523	116.00–117.00	116.66
6	—	427	135.00–143.00	138.32
7	—	375	144.00–150.00	146.29
4	—	583	113.00–116.00	115.24
3	—	468	140.00–141.00	140.34
Steers — Medium and Large 1$ per cwt · actual wt
2	—	573	118.00–119.00	118.52
6	—	622	115.00–121.00	117.15
6	—	367	155.00–164.00	158.77
2	—	465	146.00–154.00	149.87
3	—	417	145.00–154.00	149.69
2	—	313	162.00–164.00	163.04
10	—	675	113.00–117.00	115.31
1	—	765	115.00	115.00
8	—	533	119.00–134.00	125.21

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,373	72.50–76.50	74.68
4	—	1,458	61.00–68.00	64.63
3	—	1,627	82.00–84.00	82.81
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,013	31.50–39.50	35.45
12	—	1,030	40.00–46.00	43.39
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,220	47.00–50.00	48.47
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,190	46.50–52.00	49.41

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
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	7	—	1,268	800.00–1,010.00	908.88
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,495	910.00	910.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,355	900.00	900.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,520	1,100.00	1,100.00

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