Name: Meridian Livestock Auction livestock auction prices — 2020-10-26
Creator: RaisedBeef
Published: 2020-10-26

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves steers were 3-5 higher, and heifers were 5-7 higher. Slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $120.79/cwt on 79 head.

Average price

$120.79

79 head · 527 lb average

Value per head Derived

$637

Price × average weight ÷ 100

Grade differential Derived

−$156

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

$10.70/cwt at this weight

vs the market

−5.94

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 3	394	128.54	506	7thin
Medium and Large 2	510	122.94	627	31
Medium and Large 1	562	117.83	663	41

One grade step is worth $10.70/cwt here — about −$156 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

120.79

—

MS average13 barns · 1,025 hd

126.72

−5.94

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	1,885	79.13	1,492	2thin
Cows	Boner 80-85%	Average	1,257	48.13	605	11
Cows	Lean 85-90%	Very Low	1,018	38.90	396	16

Every lot, as filed

52 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 2	—	623	92.52/cwt	91.00–94.00	576	2
Heifers	Medium and Large 1	—	410	125.85/cwt	120.00–134.00	516	3
Heifers	Medium and Large 2	—	420	108.12/cwt	103.00–113.00	454	2
Heifers	Medium and Large 1	—	623	95.34/cwt	95.00–96.00	594	3
Steers	Medium and Large 1	—	434	140.48/cwt	140.00–142.00	610	4
Steers	Medium and Large 1	—	372	150.33/cwt	150.00–151.00	559	3
Heifers	Medium and Large 2	—	376	122.32/cwt	119.00–125.00	460	4
Steers	Medium and Large 1	—	669	109.60/cwt	109.00–110.00	733	5
Bulls	Medium and Large 2	—	435	113.98/cwt	113.00–115.00	496	2
Steers	Medium and Large 1	—	705	104.00/cwt	99.00–109.00	733	2
Heifers	Medium and Large 1	—	513	113.99/cwt	111.00–117.00	585	2
Heifers	Medium and Large 1	—	690	93.00/cwt	93.00–93.00	642	1
Steers	Medium and Large 1	—	621	108.45/cwt	103.00–110.00	673	13
Heifers	Medium and Large 1	—	450	125.00/cwt	125.00–125.00	563	1
Heifers	Medium and Large 1	—	384	129.51/cwt	127.00–133.00	497	4
Bulls	Medium and Large 1	—	463	121.98/cwt	119.00–125.00	565	2
Steers	Medium and Large 1	—	330	152.00/cwt	152.00–152.00	502	1
Heifers	Medium and Large 1	—	718	97.01/cwt	95.00–99.00	697	2
Cow-Calf Pairs	Medium and Large 2	—	1,235	900.00/cwt	900.00–900.00	11,115	2
Steers	Medium and Large 1	—	525	116.53/cwt	115.00–121.00	612	12
Bulls	Medium and Large 1	—	510	115.52/cwt	113.00–118.00	589	2
Bred Cows	Medium and Large 2	—	1,075	730.00/cwt	730.00–730.00	7,848	1
Bred Cows	Medium and Large 2	—	964	734.10/cwt	710.00–760.00	7,077	4
Cow-Calf Pairs	Medium and Large 2	—	1,063	1,022.13/cwt	825.00–1,180.00	10,865	4
Cow-Calf Pairs	Medium and Large 2	—	1,505	950.00/cwt	950.00–950.00	14,298	2
Bulls	Medium and Large 1	—	440	123.00/cwt	123.00–123.00	541	1
Heifers	Medium and Large 3	—	513	95.49/cwt	94.00–97.00	490	2
Steers	Medium and Large 3	—	368	132.69/cwt	130.00–136.00	488	4
Cows	Lean 85-90%	—	880	27.03/cwt	25.00–28.50	238	2
Cows	Lean 85-90%	—	1,002	35.68/cwt	33.50–37.00	358	5
Bulls	—	—	1,885	79.13/cwt	79.00–79.25	1,492	2
Cows	Lean 85-90%	—	1,058	43.32/cwt	40.00–45.00	458	9
Steers	Medium and Large 3	—	470	119.00/cwt	114.00–124.00	559	2
Bulls	Medium and Large 3	—	585	90.49/cwt	90.00–91.00	529	2
Cows	Boner 80-85%	—	1,257	48.13/cwt	46.50–49.75	605	11
Bulls	Medium and Large 3	—	505	99.00/cwt	99.00–99.00	500	1
Heifers	Medium and Large 2	—	480	108.19/cwt	102.00–114.00	519	2
Steers	Medium and Large 3	—	345	131.00/cwt	131.00–131.00	452	1
Steers	Medium and Large 2	—	597	111.12/cwt	108.00–114.00	663	16
Steers	Medium and Large 2	—	435	129.96/cwt	128.00–136.00	565	4
Heifers	Medium and Large 3	—	572	95.71/cwt	94.00–99.00	547	3
Heifers	Medium and Large 2	—	505	102.00/cwt	102.00–102.00	515	1
Heifers	Medium and Large 3	—	440	95.00/cwt	95.00–95.00	418	1
Steers	Medium and Large 2	—	375	143.20/cwt	139.00–149.00	537	7
Heifers	Medium and Large 2	—	305	115.00/cwt	115.00–115.00	351	1
Bulls	Medium and Large 2	—	475	115.32/cwt	115.00–116.00	548	3
Heifers	Medium and Large 3	—	463	97.51/cwt	95.00–100.00	451	2
Bulls	Medium and Large 2	—	515	103.00/cwt	103.00–103.00	530	2
Steers	Medium and Large 2	—	476	127.76/cwt	123.00–133.00	608	4
Bulls	Medium and Large 2	—	705	90.00/cwt	90.00–90.00	635	1
Steers	Medium and Large 1	—	750	102.00/cwt	102.00–102.00	765	1
Heifers	Medium and Large 1	—	328	132.65/cwt	127.00–135.00	435	5

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 26, 2020

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

Feeder CattleReceipts 259Last week 499Year ago 376

Slaughter CattleReceipts 41Last week 40Year ago 13

Replacement CattleReceipts 38Last week 49Year ago 23

Good day, as compared to last market feeder calves steers were 3-5 higher, and heifers were 5-7 higher. Slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	623	91.00–94.00	92.52
2	—	435	113.00–115.00	113.98
3	—	475	115.00–116.00	115.32
2	—	515	103.00	103.00
1	—	705	90.00	90.00
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	463	119.00–125.00	121.98
2	—	510	113.00–118.00	115.52
1	—	440	123.00	123.00
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	585	90.00–91.00	90.49
1	—	505	99.00	99.00
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	410	120.00–134.00	125.85
3	—	623	95.00–96.00	95.34
2	—	513	111.00–117.00	113.99
1	—	690	93.00	93.00
1	—	450	125.00	125.00
4	—	384	127.00–133.00	129.51
2	—	718	95.00–99.00	97.01
5	—	328	127.00–135.00	132.65
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	420	103.00–113.00	108.12
4	—	376	119.00–125.00	122.32
2	—	480	102.00–114.00	108.19
1	—	505	102.00	102.00
1	—	305	115.00	115.00
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	513	94.00–97.00	95.49
3	—	572	94.00–99.00	95.71
1	—	440	95.00	95.00
2	—	463	95.00–100.00	97.51
Steers — Medium and Large 1$ per cwt · actual wt
4	—	434	140.00–142.00	140.48
3	—	372	150.00–151.00	150.33
5	—	669	109.00–110.00	109.60
2	—	705	99.00–109.00	104.00
13	—	621	103.00–110.00	108.45
1	—	330	152.00	152.00
12	—	525	115.00–121.00	116.53
1	—	750	102.00	102.00
Steers — Medium and Large 3$ per cwt · actual wt
4	—	368	130.00–136.00	132.69
2	—	470	114.00–124.00	119.00
1	—	345	131.00	131.00
Steers — Medium and Large 2$ per cwt · actual wt
16	—	597	108.00–114.00	111.12
4	—	435	128.00–136.00	129.96
7	—	375	139.00–149.00	143.20
4	—	476	123.00–133.00	127.76

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)	1st Stage (1-3 mo)	2	—	1,235	900.00	900.00
Young (2-4 yrs)	Open	4	—	1,063	825.00–1,180.00	1,022.13
Middle Aged (5-8 yrs)	Open	2	—	1,505	950.00	950.00
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,075	730.00	730.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	4	—	964	710.00–760.00	734.10

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	880	25.00–28.50	27.03
5	—	1,002	33.50–37.00	35.68
9	—	1,058	40.00–45.00	43.32
Cows — Boner 80-85%$ per cwt · actual wt
11	—	1,257	46.50–49.75	48.13
Bulls$ per cwt · actual wt
2	—	1,885	79.00–79.25	79.13

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

Replacement Cattle

Slaughter Cattle