Name: Meridian Livestock Auction livestock auction prices — 2020-10-12
Creator: RaisedBeef
Published: 2020-10-12

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady on a light test.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $114.02/cwt on 62 head.

Average price

$114.02

62 head · 500 lb average

Value per head Derived

$570

Price × average weight ÷ 100

Grade differential Derived

−$67

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

$0.24/cwt at this weight

vs the market

−4.00

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	471	114.13	538	33
Medium and Large 1	532	113.89	605	29

One grade step is worth $0.24/cwt here — about −$67 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 sale62 hd

114.02

—

MS average13 barns · 1,234 hd

118.01

−4.00

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	1,438	76.56	1,101	2thin
Cows	Boner 80-85%	Average	1,268	47.38	601	9thin
Cows	Lean 85-90%	Average	1,086	42.10	457	7thin

Every lot, as filed

47 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
Bulls	Medium and Large 1	—	470	124.00/cwt	124.00–124.00	583	1
Bulls	Medium and Large 1	—	530	112.00/cwt	112.00–112.00	594	1
Bulls	Medium and Large 1	—	710	102.00/cwt	102.00–102.00	724	1
Cow-Calf Pairs	Medium and Large 2	—	1,175	840.00/cwt	840.00–840.00	9,870	2
Cow-Calf Pairs	Medium and Large 2	—	1,250	1,000.00/cwt	1,000.00–1,000.00	12,500	2
Bred Cows	Medium and Large 2	—	925	700.00/cwt	700.00–700.00	6,475	1
Steers	Medium and Large 1	—	708	112.00/cwt	112.00–112.00	793	3
Heifers	Medium and Large 1	—	577	110.99/cwt	110.00–113.00	640	8
Steers	Medium and Large 1	—	490	140.00/cwt	140.00–140.00	686	1
Bred Cows	Medium and Large 2	—	1,015	770.00/cwt	770.00–770.00	7,816	1
Bred Cows	Medium and Large 2	—	1,060	640.00/cwt	640.00–640.00	6,784	1
Bulls	Medium and Large 1	—	553	112.67/cwt	110.00–118.00	623	3
Heifers	Medium and Large 1	—	670	101.51/cwt	100.00–103.00	680	4
Heifers	Medium and Large 1	—	514	110.79/cwt	110.00–114.00	569	5
Steers	Medium and Large 1	—	366	153.53/cwt	150.00–156.00	562	4
Steers	Medium and Large 1	—	429	145.39/cwt	143.00–146.00	624	5
Bulls	Medium and Large 1	—	618	110.17/cwt	103.00–115.00	681	4
Steers	Medium and Large 1	—	606	115.71/cwt	115.00–120.00	701	7
Bulls	Medium and Large 2	—	813	95.02/cwt	90.00–99.00	773	3
Bulls	Medium and Large 2	—	528	106.54/cwt	105.00–108.00	563	2
Steers	Medium and Large 1	—	669	123.06/cwt	116.00–125.00	823	9
Steers	Medium and Large 1	—	520	131.97/cwt	131.00–137.00	686	8
Bulls	Medium and Large 1	—	427	126.93/cwt	120.00–133.00	542	3
Heifers	Medium and Large 1	—	420	122.98/cwt	120.00–125.00	517	6
Steers	Medium and Large 2	—	375	145.19/cwt	141.00–148.00	544	5
Heifers	Medium and Large 2	—	685	98.00/cwt	98.00–98.00	671	1
Heifers	Medium and Large 1	—	370	130.00/cwt	130.00–130.00	481	1
Steers	Medium and Large 1	—	313	152.98/cwt	152.00–154.00	479	2
Heifers	Medium and Large 1	—	468	126.00/cwt	121.00–131.00	590	3
Bulls	Medium and Large 2	—	730	96.98/cwt	95.00–99.00	708	3
Bulls	Medium and Large 2	—	566	106.77/cwt	106.00–108.00	604	4
Bulls	Medium and Large 2	—	635	98.00/cwt	98.00–98.00	622	1
Heifers	Medium and Large 2	—	367	121.01/cwt	120.00–123.00	444	5
Steers	Medium and Large 2	—	468	134.68/cwt	133.00–136.00	630	3
Heifers	Medium and Large 1	—	628	104.49/cwt	104.00–105.00	656	2
Steers	Medium and Large 2	—	560	124.00/cwt	124.00–124.00	694	1
Heifers	Medium and Large 2	—	305	119.51/cwt	119.00–120.00	365	2
Heifers	Medium and Large 2	—	535	106.00/cwt	106.00–106.00	567	2
Heifers	Medium and Large 2	—	735	98.00/cwt	98.00–98.00	720	1
Steers	Medium and Large 2	—	300	147.00/cwt	147.00–147.00	441	1
Heifers	Medium and Large 2	—	435	119.86/cwt	119.00–120.00	521	7
Heifers	Medium and Large 2	—	480	112.93/cwt	107.00–117.00	542	11
Bulls	Medium and Large 2	—	660	99.00/cwt	99.00–99.00	653	1
Bulls	—	—	1,438	76.56/cwt	75.00–78.50	1,101	2
Cows	Boner 80-85%	—	1,268	47.38/cwt	46.00–49.00	601	9
Cows	Lean 85-90%	—	1,086	42.10/cwt	40.00–43.50	457	7
Heifers	Medium and Large 2	—	574	108.24/cwt	108.00–109.00	621	4

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 12, 2020

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

Feeder CattleReceipts 288Last week 402Year ago 489

Slaughter CattleReceipts 22Last week 75Year ago 80

Replacement CattleReceipts 15Last week 253Year ago 30

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were steady on a light test.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	470	124.00	124.00
1	—	530	112.00	112.00
1	—	710	102.00	102.00
3	—	553	110.00–118.00	112.67
4	—	618	103.00–115.00	110.17
3	—	427	120.00–133.00	126.93
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	813	90.00–99.00	95.02
2	—	528	105.00–108.00	106.54
3	—	730	95.00–99.00	96.98
4	—	566	106.00–108.00	106.77
1	—	635	98.00	98.00
1	—	660	99.00	99.00
Steers — Medium and Large 1$ per cwt · actual wt
3	—	708	112.00	112.00
1	—	490	140.00	140.00
4	—	366	150.00–156.00	153.53
5	—	429	143.00–146.00	145.39
7	—	606	115.00–120.00	115.71
9	—	669	116.00–125.00	123.06
8	—	520	131.00–137.00	131.97
2	—	313	152.00–154.00	152.98
Steers — Medium and Large 2$ per cwt · actual wt
5	—	375	141.00–148.00	145.19
3	—	468	133.00–136.00	134.68
1	—	560	124.00	124.00
1	—	300	147.00	147.00
Heifers — Medium and Large 1$ per cwt · actual wt
8	—	577	110.00–113.00	110.99
4	—	670	100.00–103.00	101.51
5	—	514	110.00–114.00	110.79
6	—	420	120.00–125.00	122.98
1	—	370	130.00	130.00
3	—	468	121.00–131.00	126.00
2	—	628	104.00–105.00	104.49
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	685	98.00	98.00
5	—	367	120.00–123.00	121.01
2	—	305	119.00–120.00	119.51
2	—	535	106.00	106.00
1	—	735	98.00	98.00
7	—	435	119.00–120.00	119.86
11	—	480	107.00–117.00	112.93
4	—	574	108.00–109.00	108.24

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,175	840.00	840.00
Middle Aged (5-8 yrs)	Open	2	—	1,250	1,000.00	1,000.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	925	700.00	700.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,015	770.00	770.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,060	640.00	640.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,438	75.00–78.50	76.56
Cows — Boner 80-85%$ per cwt · actual wt
9	—	1,268	46.00–49.00	47.38
Cows — Lean 85-90%$ per cwt · actual wt
7	—	1,086	40.00–43.50	42.10

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

Heifers · 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

Replacement Cattle

Slaughter Cattle