Name: Meridian Livestock Auction livestock auction prices — 2020-11-02
Creator: RaisedBeef
Published: 2020-11-02

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 5-10 higher and slaughter cows and bulls were steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $133.38/cwt on 75 head.

Average price

$133.38

75 head · 501 lb average

Value per head Derived

$669

Price × average weight ÷ 100

Grade differential Derived

$59

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

$7.92/cwt at this weight

vs the market

+1.27

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	515	136.01	700	47
Medium and Large 3	399	132.09	527	6thin
Medium and Large 2	501	128.10	641	22

One grade step is worth $7.92/cwt here — about $59 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 sale75 hd

133.38

—

MS average12 barns · 843 hd

132.11

+1.27

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	1,620	79.50	1,288	1thin
Cows	Boner 80-85%	Average	1,296	50.24	651	6thin
Cows	Lean 85-90%	Average	871	35.04	305	10

Every lot, as filed

49 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	—	550	128.00/cwt	128.00–128.00	704	1
Bulls	Medium and Large 1	—	529	124.59/cwt	121.00–128.00	659	5
Bred Cows	Medium and Large 2	—	940	740.00/cwt	740.00–740.00	6,956	1
Steers	Medium and Large 1	—	626	117.26/cwt	114.00–121.00	734	5
Steers	Medium and Large 1	—	478	141.74/cwt	140.00–151.00	678	6
Cow-Calf Pairs	Medium and Large 2	—	1,355	1,250.00/cwt	1,250.00–1,250.00	16,938	2
Steers	Medium and Large 1	—	521	132.25/cwt	129.00–136.00	689	8
Steers	Medium and Large 1	—	780	111.49/cwt	111.00–112.00	870	2
Heifers	Medium and Large 1	—	538	115.61/cwt	110.00–120.00	622	3
Steers	Medium and Large 1	—	305	161.00/cwt	161.00–161.00	491	1
Bulls	Medium and Large 1	—	473	126.38/cwt	124.00–128.00	598	9
Heifers	Medium and Large 1	—	437	127.13/cwt	124.00–132.00	556	6
Steers	Medium and Large 1	—	585	127.00/cwt	127.00–127.00	743	1
Steers	Medium and Large 1	—	373	156.21/cwt	154.00–160.00	583	10
Bred Cows	Medium and Large 2	—	878	779.37/cwt	610.00–900.00	6,843	2
Bred Cows	Medium and Large 2	—	965	730.00/cwt	730.00–730.00	7,045	1
Bred Cows	Medium and Large 2	—	805	760.00/cwt	760.00–760.00	6,118	1
Heifers	Medium and Large 2	—	533	98.88/cwt	94.00–104.00	527	2
Steers	Medium and Large 2	—	610	109.00/cwt	109.00–109.00	665	1
Steers	Medium and Large 2	—	493	130.51/cwt	129.00–132.00	643	2
Heifers	Medium and Large 1	—	705	101.62/cwt	95.00–110.00	716	3
Heifers	Medium and Large 1	—	386	138.26/cwt	134.00–139.00	534	12
Heifers	Medium and Large 1	—	610	106.01/cwt	105.00–107.00	647	3
Steers	Medium and Large 2	—	515	125.02/cwt	124.00–126.00	644	3
Steers	Medium and Large 2	—	579	120.20/cwt	119.00–123.00	696	10
Heifers	Medium and Large 2	—	657	96.00/cwt	95.00–97.00	631	3
Steers	Medium and Large 1	—	745	108.00/cwt	108.00–108.00	805	1
Heifers	Medium and Large 1	—	475	123.95/cwt	117.00–128.00	589	14
Heifers	Medium and Large 1	—	335	137.00/cwt	137.00–137.00	459	1
Heifers	Medium and Large 3	—	485	105.00/cwt	105.00–105.00	509	1
Steers	Medium and Large 3	—	335	136.00/cwt	136.00–136.00	456	1
Heifers	Medium and Large 2	—	365	129.00/cwt	129.00–129.00	471	2
Steers	Medium and Large 1	—	661	113.48/cwt	111.00–114.00	750	6
Steers	Medium and Large 1	—	448	148.00/cwt	148.00–148.00	663	7
Heifers	Medium and Large 1	—	573	115.28/cwt	113.00–119.00	661	3
Steers	Medium and Large 3	—	560	115.00/cwt	115.00–115.00	644	1
Steers	Medium and Large 3	—	375	135.39/cwt	130.00–139.00	508	4
Cows	Lean 85-90%	—	887	39.48/cwt	35.50–44.00	350	6
Bulls	Medium and Large 2	—	490	118.00/cwt	118.00–118.00	578	1
Bulls	Medium and Large 2	—	565	111.00/cwt	111.00–111.00	627	1
Heifers	Medium and Large 2	—	308	126.48/cwt	124.00–129.00	390	2
Heifers	Medium and Large 2	—	472	117.32/cwt	114.00–121.00	554	3
Steers	Medium and Large 2	—	355	145.04/cwt	140.00–150.00	515	4
Cows	Lean 85-90%	—	848	28.39/cwt	25.00–31.50	241	4
Heifers	Medium and Large 2	—	578	105.00/cwt	105.00–105.00	607	3
Heifers	Medium and Large 2	—	417	114.24/cwt	110.00–118.00	476	3
Steers	Medium and Large 2	—	330	145.43/cwt	141.00–150.00	480	2
Cows	Boner 80-85%	—	1,296	50.24/cwt	46.00–54.00	651	6
Bulls	—	—	1,620	79.50/cwt	79.50–79.50	1,288	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 Nov 2, 2020

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

Feeder CattleReceipts 253Last week 259Year ago 359

Slaughter CattleReceipts 24Last week 41Year ago 61

Replacement CattleReceipts 27Last week 38Year ago 48

Good day, as compared to last market feeder calves were 5-10 higher and slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	550	128.00	128.00
5	—	529	121.00–128.00	124.59
9	—	473	124.00–128.00	126.38
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	490	118.00	118.00
1	—	565	111.00	111.00
Steers — Medium and Large 1$ per cwt · actual wt
5	—	626	114.00–121.00	117.26
6	—	478	140.00–151.00	141.74
8	—	521	129.00–136.00	132.25
2	—	780	111.00–112.00	111.49
1	—	305	161.00	161.00
1	—	585	127.00	127.00
10	—	373	154.00–160.00	156.21
1	—	745	108.00	108.00
6	—	661	111.00–114.00	113.48
7	—	448	148.00	148.00
Steers — Medium and Large 2$ per cwt · actual wt
1	—	610	109.00	109.00
2	—	493	129.00–132.00	130.51
3	—	515	124.00–126.00	125.02
10	—	579	119.00–123.00	120.20
4	—	355	140.00–150.00	145.04
2	—	330	141.00–150.00	145.43
Steers — Medium and Large 3$ per cwt · actual wt
1	—	335	136.00	136.00
1	—	560	115.00	115.00
4	—	375	130.00–139.00	135.39
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	538	110.00–120.00	115.61
6	—	437	124.00–132.00	127.13
3	—	705	95.00–110.00	101.62
12	—	386	134.00–139.00	138.26
3	—	610	105.00–107.00	106.01
14	—	475	117.00–128.00	123.95
1	—	335	137.00	137.00
3	—	573	113.00–119.00	115.28
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	533	94.00–104.00	98.88
3	—	657	95.00–97.00	96.00
2	—	365	129.00	129.00
2	—	308	124.00–129.00	126.48
3	—	472	114.00–121.00	117.32
3	—	578	105.00	105.00
3	—	417	110.00–118.00	114.24
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	485	105.00	105.00

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
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	940	740.00	740.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	2	—	878	610.00–900.00	779.37
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	965	730.00	730.00
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	805	760.00	760.00
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	1,355	1,250.00	1,250.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
6	—	887	35.50–44.00	39.48
4	—	848	25.00–31.50	28.39
Cows — Boner 80-85%$ per cwt · actual wt
6	—	1,296	46.00–54.00	50.24
Bulls$ per cwt · actual wt
1	—	1,620	79.50	79.50

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