Name: Meridian Livestock Auction livestock auction prices — 2020-11-09
Creator: RaisedBeef
Published: 2020-11-09

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 5-12 higher. Slaughter cows and bulls were steady.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $121.98/cwt on 81 head.

Average price

$121.98

81 head · 508 lb average

Value per head Derived

$619

Price × average weight ÷ 100

Grade differential Derived

$55

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

$25.63/cwt at this weight

vs the market

+1.95

vs MS average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	498	125.63	625	56
Medium and Large 2	528	114.36	604	24
Medium and Large 3	570	100.00	570	1thin

One grade step is worth $25.63/cwt here — about $55 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 sale81 hd

121.98

—

MS average13 barns · 1,089 hd

120.03

+1.95

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	1,487	78.55	1,168	4thin
Cows	Boner 80-85%	Average	1,208	54.09	653	13
Cows	Breaker 75-80%	Average	1,545	49.22	760	2thin
Cows	Lean 85-90%	Average	948	39.03	370	23

Every lot, as filed

50 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
Bred Cows	Medium and Large 2	—	1,258	721.84/cwt	675.00–770.00	9,081	2
Bred Cows	Medium and Large 2	—	1,110	840.00/cwt	840.00–840.00	9,324	1
Bulls	Medium and Large 1	—	655	105.00/cwt	105.00–105.00	688	1
Bulls	Medium and Large 1	—	437	138.44/cwt	136.00–140.00	605	5
Bulls	Medium and Large 1	—	513	131.58/cwt	128.00–140.00	675	5
Heifers	Medium and Large 1	—	519	119.17/cwt	117.00–123.00	618	5
Steers	Medium and Large 1	—	424	151.29/cwt	147.00–159.00	641	8
Steers	Medium and Large 1	—	305	166.00/cwt	166.00–166.00	506	1
Heifers	Medium and Large 1	—	625	109.80/cwt	109.00–110.00	686	5
Heifers	Medium and Large 1	—	363	136.77/cwt	130.00–144.00	496	12
Steers	Medium and Large 1	—	395	160.00/cwt	160.00–160.00	632	1
Heifers	Medium and Large 1	—	570	120.99/cwt	118.00–125.00	690	3
Cow-Calf Pairs	Medium and Large 2	—	1,365	984.36/cwt	960.00–1,030.00	13,437	6
Bred Cows	Medium and Large 2	—	1,131	787.75/cwt	650.00–900.00	8,909	5
Steers	Medium and Large 1	—	612	123.03/cwt	115.00–134.00	753	7
Steers	Medium and Large 1	—	595	128.00/cwt	128.00–128.00	762	1
Heifers	Medium and Large 1	—	484	129.66/cwt	128.00–131.00	628	6
Steers	Medium and Large 1	—	464	149.78/cwt	146.00–154.00	695	4
Bulls	Medium and Large 1	—	485	135.00/cwt	135.00–135.00	655	1
Steers	Medium and Large 1	—	768	108.55/cwt	103.00–114.00	834	2
Heifers	Medium and Large 2	—	519	113.53/cwt	110.00–116.00	589	6
Heifers	Medium and Large 2	—	395	125.00/cwt	125.00–125.00	494	1
Heifers	Medium and Large 1	—	710	108.99/cwt	107.00–111.00	774	2
Heifers	Medium and Large 1	—	327	132.28/cwt	130.00–136.00	433	3
Steers	Medium and Large 1	—	265	166.89/cwt	164.00–170.00	442	2
Cows	Lean 85-90%	—	997	45.52/cwt	40.50–49.50	454	10
Bulls	—	—	1,320	76.52/cwt	76.00–77.00	1,010	2
Cows	Breaker 75-80%	—	1,545	49.22/cwt	47.00–51.50	760	2
Steers	Medium and Large 3	—	360	130.00/cwt	130.00–130.00	468	1
Cows	Lean 85-90%	—	871	29.72/cwt	25.00–34.50	259	6
Cows	Lean 85-90%	—	943	37.75/cwt	35.00–40.00	356	7
Heifers	Medium and Large 2	—	740	100.00/cwt	100.00–100.00	740	1
Bulls	Medium and Large 2	—	559	120.20/cwt	116.00–122.00	672	5
Steers	Medium and Large 2	—	363	155.54/cwt	153.00–157.00	565	4
Heifers	Medium and Large 2	—	658	103.33/cwt	101.00–105.00	680	3
Bulls	—	—	1,653	80.58/cwt	79.00–82.50	1,332	2
Cows	Boner 80-85%	—	1,208	54.09/cwt	50.50–55.50	653	13
Steers	Medium and Large 2	—	465	133.76/cwt	130.00–136.00	622	4
Heifers	Medium and Large 1	—	416	133.41/cwt	125.00–139.00	555	11
Heifers	Medium and Large 2	—	425	121.25/cwt	115.00–125.00	515	3
Heifers	Medium and Large 2	—	473	123.96/cwt	121.00–127.00	586	5
Heifers	Medium and Large 3	—	570	100.00/cwt	100.00–100.00	570	1
Bulls	Medium and Large 3	—	578	108.34/cwt	105.00–110.00	626	3
Heifers	Medium and Large 2	—	562	108.99/cwt	105.00–115.00	613	5
Steers	Medium and Large 1	—	520	137.00/cwt	137.00–137.00	712	1
Bulls	Medium and Large 2	—	477	120.43/cwt	119.00–124.00	574	5
Bulls	Medium and Large 2	—	517	123.67/cwt	122.00–125.00	639	3
Steers	Medium and Large 2	—	333	153.91/cwt	150.00–158.00	513	2
Steers	Medium and Large 2	—	425	144.00/cwt	144.00–144.00	612	1
Heifers	Medium and Large 1	—	689	114.00/cwt	114.00–114.00	785	9

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 9, 2020

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

Feeder CattleReceipts 293Last week 253Year ago 298

Slaughter CattleReceipts 75Last week 24Year ago 57

Replacement CattleReceipts 44Last week 27Year ago 75

Good day, as compared to last market feeder calves were 5-12 higher. Slaughter cows and bulls were steady.

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)	2	—	1,258	675.00–770.00	721.84
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,110	840.00	840.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	5	—	1,131	650.00–900.00	787.75
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	6	—	1,365	960.00–1,030.00	984.36

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	655	105.00	105.00
5	—	437	136.00–140.00	138.44
5	—	513	128.00–140.00	131.58
1	—	485	135.00	135.00
Bulls — Medium and Large 2$ per cwt · actual wt
5	—	559	116.00–122.00	120.20
5	—	477	119.00–124.00	120.43
3	—	517	122.00–125.00	123.67
Bulls — Medium and Large 3$ per cwt · actual wt
3	—	578	105.00–110.00	108.34
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	519	117.00–123.00	119.17
5	—	625	109.00–110.00	109.80
12	—	363	130.00–144.00	136.77
3	—	570	118.00–125.00	120.99
6	—	484	128.00–131.00	129.66
2	—	710	107.00–111.00	108.99
3	—	327	130.00–136.00	132.28
11	—	416	125.00–139.00	133.41
9	—	689	114.00	114.00
Heifers — Medium and Large 2$ per cwt · actual wt
6	—	519	110.00–116.00	113.53
1	—	395	125.00	125.00
1	—	740	100.00	100.00
3	—	658	101.00–105.00	103.33
3	—	425	115.00–125.00	121.25
5	—	473	121.00–127.00	123.96
5	—	562	105.00–115.00	108.99
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	570	100.00	100.00
Steers — Medium and Large 1$ per cwt · actual wt
8	—	424	147.00–159.00	151.29
1	—	305	166.00	166.00
1	—	395	160.00	160.00
7	—	612	115.00–134.00	123.03
1	—	595	128.00	128.00
4	—	464	146.00–154.00	149.78
2	—	768	103.00–114.00	108.55
2	—	265	164.00–170.00	166.89
1	—	520	137.00	137.00
Steers — Medium and Large 3$ per cwt · actual wt
1	—	360	130.00	130.00
Steers — Medium and Large 2$ per cwt · actual wt
4	—	363	153.00–157.00	155.54
4	—	465	130.00–136.00	133.76
2	—	333	150.00–158.00	153.91
1	—	425	144.00	144.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
10	—	997	40.50–49.50	45.52
6	—	871	25.00–34.50	29.72
7	—	943	35.00–40.00	37.75
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,545	47.00–51.50	49.22
Cows — Boner 80-85%$ per cwt · actual wt
13	—	1,208	50.50–55.50	54.09
Bulls$ per cwt · actual wt
2	—	1,320	76.00–77.00	76.52
2	—	1,653	79.00–82.50	80.58

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

Replacement Cattle

Feeder Cattle

Slaughter Cattle