Name: Meridian Livestock Auction livestock auction prices — 2020-10-05
Creator: RaisedBeef
Published: 2020-10-05

Reporter comment USDA

As filed

Compared to last week: Feeder calves 2.00-4.00 lower. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $126.55/cwt on 79 head.

Average price

$126.55

79 head · 510 lb average

Value per head Derived

$645

Price × average weight ÷ 100

Grade differential Derived

−$190

per head · Medium and Large 3 over Medium and Large 1

$7.34/cwt at this weight

vs the market

−4.91

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 3	390	130.29	508	6thin
Medium and Large 2	470	129.62	610	36
Medium and Large 1	567	122.95	697	37

One grade step is worth $7.34/cwt here — about −$190 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 sale79 hd

126.55

—

MS average13 barns · 1,427 hd

131.45

−4.91

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	1,435	83.61	1,200	2thin
Cows	Boner 80-85%	Average	1,202	50.31	605	14
Cows	Breaker 75-80%	Average	1,380	44.42	613	2thin
Cows	Lean 85-90%	Low	986	43.31	427	12

Every lot, as filed

60 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	—	326	118.88/cwt	116.00–122.00	388	7
Heifers	Medium and Large 2	—	431	111.48/cwt	107.00–117.00	480	4
Bulls	Medium and Large 2	—	565	101.00/cwt	101.00–101.00	571	1
Heifers	Medium and Large 2	—	520	106.61/cwt	101.00–110.00	554	16
Heifers	Medium and Large 1	—	625	105.47/cwt	100.00–109.00	659	9
Cows	Lean 85-90%	—	725	39.50/cwt	39.50–39.50	286	1
Cows	Breaker 75-80%	—	1,380	44.42/cwt	42.00–47.00	613	2
Cows	Boner 80-85%	—	1,202	50.31/cwt	46.00–54.50	605	14
Cows	Lean 85-90%	—	1,010	43.66/cwt	40.00–49.50	441	11
Bulls	—	—	1,435	83.61/cwt	82.50–85.00	1,200	2
Bulls	Medium and Large 2	—	520	98.00/cwt	98.00–98.00	510	1
Steers	Medium and Large 1	—	418	141.44/cwt	139.00–148.00	591	5
Bulls	Medium and Large 2	—	670	90.00/cwt	90.00–90.00	603	2
Heifers	Medium and Large 2	—	363	118.29/cwt	114.00–123.00	429	9
Heifers	Medium and Large 1	—	590	110.00/cwt	110.00–110.00	649	1
Steers	Medium and Large 1	—	620	118.02/cwt	114.00–120.00	732	7
Steers	Medium and Large 1	—	514	122.48/cwt	120.00–126.00	630	8
Bulls	Medium and Large 1	—	614	98.21/cwt	95.00–105.00	603	4
Steers	Medium and Large 2	—	322	145.26/cwt	141.00–148.00	468	6
Steers	Medium and Large 2	—	486	130.78/cwt	128.00–134.00	636	5
Steers	Medium and Large 2	—	630	111.02/cwt	110.00–112.00	699	2
Heifers	Medium and Large 2	—	580	103.26/cwt	100.00–106.00	599	3
Steers	Medium and Large 1	—	651	116.20/cwt	116.00–117.00	756	5
Heifers	Medium and Large 2	—	469	110.33/cwt	105.00–117.00	517	8
Steers	Medium and Large 2	—	572	115.81/cwt	112.00–118.00	662	11
Steers	Medium and Large 2	—	510	117.00/cwt	117.00–117.00	597	1
Heifers	Medium and Large 3	—	585	93.00/cwt	93.00–93.00	544	1
Steers	Medium and Large 3	—	468	120.51/cwt	120.00–121.00	564	2
Heifers	Medium and Large 3	—	490	101.00/cwt	101.00–101.00	495	1
Bulls	Medium and Large 1	—	490	123.00/cwt	123.00–123.00	603	1
Steers	Medium and Large 2	—	449	135.00/cwt	135.00–135.00	606	5
Steers	Medium and Large 2	—	378	142.17/cwt	140.00–147.00	537	6
Steers	Medium and Large 3	—	323	135.86/cwt	134.00–138.00	439	2
Steers	Medium and Large 3	—	378	134.51/cwt	133.00–136.00	508	2
Bred Cows	Medium and Large 2	—	1,134	839.82/cwt	790.00–890.00	9,524	5
Bred Cows	Medium and Large 2	—	1,090	800.00/cwt	800.00–800.00	8,720	1
Bred Cows	Medium and Large 1	—	1,288	1,093.50/cwt	970.00–1,210.00	14,084	2
Bred Cows	Medium and Large 1	—	1,310	1,039.03/cwt	875.00–1,260.00	13,611	12
Cow-Calf Pairs	Medium and Large 2	—	1,145	984.28/cwt	850.00–1,100.00	11,270	4
Cow-Calf Pairs	Medium and Large 1	—	1,597	1,296.21/cwt	1,200.00–1,420.00	20,700	14
Cow-Calf Pairs	Medium and Large 1	—	1,295	1,225.00/cwt	1,225.00–1,225.00	15,864	2
Heifers	Medium and Large 3	—	520	99.00/cwt	99.00–99.00	515	1
Cow-Calf Pairs	Medium and Large 1	—	1,550	1,350.00/cwt	1,350.00–1,350.00	20,925	2
Heifers	Medium and Large 1	—	465	121.38/cwt	119.00–125.00	564	3
Bulls	Medium and Large 1	—	528	110.75/cwt	110.00–112.00	585	4
Bulls	Medium and Large 1	—	558	111.00/cwt	110.00–112.00	619	2
Bulls	Medium and Large 1	—	850	91.00/cwt	91.00–91.00	774	1
Bred Cows	Medium and Large 1	—	1,175	1,262.55/cwt	1,100.00–1,370.00	14,835	5
Bulls	Medium and Large 1	—	695	96.00/cwt	96.00–96.00	667	1
Heifers	Medium and Large 1	—	790	95.00/cwt	95.00–95.00	751	4
Heifers	Medium and Large 1	—	419	118.51/cwt	113.00–121.00	497	8
Steers	Medium and Large 1	—	575	120.74/cwt	118.00–122.00	694	8
Steers	Medium and Large 1	—	800	110.00/cwt	110.00–110.00	880	1
Cow-Calf Pairs	Medium and Large 1	—	1,573	1,288.43/cwt	1,270.00–1,300.00	20,267	6
Steers	Medium and Large 1	—	300	150.00/cwt	150.00–150.00	450	1
Heifers	Medium and Large 1	—	510	119.00/cwt	119.00–119.00	607	1
Bulls	Medium and Large 1	—	427	127.04/cwt	120.00–130.00	542	10
Steers	Medium and Large 1	—	785	114.00/cwt	114.00–114.00	895	1
Steers	Medium and Large 1	—	700	115.00/cwt	115.00–115.00	805	1
Bulls	Medium and Large 1	—	725	94.00/cwt	94.00–94.00	682	1

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 Oct 5, 2020

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

Feeder CattleReceipts 402Last week 348Year ago 371

Slaughter CattleReceipts 75Last week 75Year ago 50

Replacement CattleReceipts 253Last week 39Year ago 22

Compared to last week: Feeder calves 2.00-4.00 lower. 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
7	—	326	116.00–122.00	118.88
4	—	431	107.00–117.00	111.48
16	—	520	101.00–110.00	106.61
9	—	363	114.00–123.00	118.29
3	—	580	100.00–106.00	103.26
8	—	469	105.00–117.00	110.33
Heifers — Medium and Large 1$ per cwt · actual wt
9	—	625	100.00–109.00	105.47
1	—	590	110.00	110.00
3	—	465	119.00–125.00	121.38
4	—	790	95.00	95.00
8	—	419	113.00–121.00	118.51
1	—	510	119.00	119.00
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	585	93.00	93.00
1	—	490	101.00	101.00
1	—	520	99.00	99.00
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	565	101.00	101.00
1	—	520	98.00	98.00
2	—	670	90.00	90.00
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	614	95.00–105.00	98.21
1	—	490	123.00	123.00
4	—	528	110.00–112.00	110.75
2	—	558	110.00–112.00	111.00
1	—	850	91.00	91.00
1	—	695	96.00	96.00
10	—	427	120.00–130.00	127.04
1	—	725	94.00	94.00
Steers — Medium and Large 1$ per cwt · actual wt
5	—	418	139.00–148.00	141.44
7	—	620	114.00–120.00	118.02
8	—	514	120.00–126.00	122.48
5	—	651	116.00–117.00	116.20
8	—	575	118.00–122.00	120.74
1	—	800	110.00	110.00
1	—	300	150.00	150.00
1	—	785	114.00	114.00
1	—	700	115.00	115.00
Steers — Medium and Large 2$ per cwt · actual wt
6	—	322	141.00–148.00	145.26
5	—	486	128.00–134.00	130.78
2	—	630	110.00–112.00	111.02
11	—	572	112.00–118.00	115.81
1	—	510	117.00	117.00
5	—	449	135.00	135.00
6	—	378	140.00–147.00	142.17
Steers — Medium and Large 3$ per cwt · actual wt
2	—	468	120.00–121.00	120.51
2	—	323	134.00–138.00	135.86
2	—	378	133.00–136.00	134.51

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	725	39.50	39.50
11	—	1,010	40.00–49.50	43.66
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,380	42.00–47.00	44.42
Cows — Boner 80-85%$ per cwt · actual wt
14	—	1,202	46.00–54.50	50.31
Bulls$ per cwt · actual wt
2	—	1,435	82.50–85.00	83.61

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)	1st/2nd Stage (1-6 mo)	5	—	1,134	790.00–890.00	839.82
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,090	800.00	800.00
Bred Cows — Medium and Large 1$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	2	—	1,288	970.00–1,210.00	1,093.50
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	12	—	1,310	875.00–1,260.00	1,039.03
Young (2-4 yrs)	2nd Stage (4-6 mo)	5	—	1,175	1,100.00–1,370.00	1,262.55
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	4	—	1,145	850.00–1,100.00	984.28
Cow-Calf Pairs — Medium and Large 1$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	14	—	1,597	1,200.00–1,420.00	1,296.21
Young (2-4 yrs)	Open	2	—	1,295	1,225.00	1,225.00
Middle Aged (5-8 yrs)	Open	2	—	1,550	1,350.00	1,350.00
Young (2-4 yrs)	1st Stage (1-3 mo)	6	—	1,573	1,270.00–1,300.00	1,288.43

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