Sale reports / Mississippi / Meridian Livestock Auction / 2020-11-30

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 30
● Final52 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
264 head
▼ 128 vs last sale 392▼ 192 vs year ago 456 · −42.1%
Slaughter Cattle receipts
21 head
▼ 32 vs last sale 53▼ 11 vs year ago 32 · −34.4%
Replacement Cattle receipts
15 head
▼ 73 vs last sale 88▼ 17 vs year ago 32 · −53.1%
View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves were 3-5 higher, slaughter cows steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.00/cwt on 142 head.
Average price
$137.00
142 head · 596 lb average
Value per head Derived
$816
Price × average weight ÷ 100
Grade differential Derived
−$12
per head · Medium and Large 2 over Medium and Large 3
$23.91/cwt at this weight
vs the market
−8.59
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2409150.9161728
Medium and Large 1-2634134.0085076
Medium and Large 1661132.9187837
Medium and Large 3495127.006291thin
One grade step is worth $23.91/cwt here — about −$12 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 sale142 hd
137.00
—
MS average6 barns · 614 hd
145.59
−8.59
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Average1,56080.001,2481thin
CowsBoner 80-85%Average1,23050.416204thin
CowsLean 85-90%Low98038.313758thin

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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 2—570123.50/cwt119.00–128.007042
SteersMedium and Large 2—465148.75/cwt146.00–153.006925
HeifersMedium and Large 1—516113.16/cwt108.00–120.005847
SteersMedium and Large 1—420162.28/cwt155.00–168.006824
BullsMedium and Large 1—483134.38/cwt130.00–139.006492
SteersMedium and Large 1—750114.00/cwt114.00–114.008551
BullsMedium and Large 2—545116.00/cwt116.00–116.006321
SteersMedium and Large 1-2—634134.00/cwt134.00–134.0085076
SteersMedium and Large 1—515137.77/cwt130.00–146.007102
SteersMedium and Large 1—910100.00/cwt100.00–100.009101
SteersMedium and Large 1—710117.00/cwt117.00–117.008311
HeifersMedium and Large 1—371142.57/cwt138.00–150.005298
HeifersMedium and Large 1—655105.00/cwt105.00–105.006881
HeifersMedium and Large 1—495120.00/cwt120.00–120.005941
HeifersMedium and Large 1—618106.12/cwt100.00–112.006562
HeifersMedium and Large 1—565111.95/cwt109.00–115.006332
HeifersMedium and Large 1—82098.00/cwt98.00–98.008041
SteersMedium and Large 1—390173.00/cwt173.00–173.006751
Cow-Calf PairsMedium and Large 1—1,2001,290.00/cwt1,290.00–1,290.0015,4802
SteersMedium and Large 1—464155.00/cwt155.00–155.007196
BullsMedium and Large 1—565124.00/cwt124.00–124.007011
BullsMedium and Large 1—425131.00/cwt131.00–131.005571
CowsLean 85-90%—95835.00/cwt35.00–35.003353
CowsLean 85-90%—99340.30/cwt38.50–43.004005
CowsBoner 80-85%—1,23050.41/cwt48.00–53.006204
Bulls——1,56080.00/cwt80.00–80.001,2481
SteersMedium and Large 1—338170.52/cwt168.00–174.005764
SteersMedium and Large 1—821117.00/cwt117.00–117.0096110
SteersMedium and Large 1—871106.26/cwt104.00–107.009264
HeifersMedium and Large 1—321145.00/cwt145.00–145.004659
SteersMedium and Large 2—670115.00/cwt115.00–115.007711
SteersMedium and Large 2—288163.53/cwt162.00–170.004715
BullsMedium and Large 2—555115.00/cwt115.00–115.006381
SteersMedium and Large 1—1,04894.00/cwt94.00–94.009853
HeifersMedium and Large 2—390130.00/cwt130.00–130.005071
HeifersMedium and Large 2—473127.99/cwt125.00–131.006055
HeifersMedium and Large 3—375124.00/cwt124.00–124.004651
HeifersMedium and Large 3—438117.97/cwt116.00–120.005172
SteersMedium and Large 2—425152.00/cwt152.00–152.006461
HeifersMedium and Large 1—417136.51/cwt133.00–140.005695
SteersMedium and Large 2—245167.00/cwt167.00–167.004091
HeifersMedium and Large 2—415128.99/cwt128.00–130.005355
Cow-Calf PairsMedium and Large 3—1,245900.00/cwt900.00–900.0011,2052
Bred CowsMedium and Large 2—1,325709.81/cwt700.00–720.009,4052
HeifersMedium and Large 2—325130.00/cwt130.00–130.004231
BullsMedium and Large 2—605108.00/cwt108.00–108.006531
Bred CowsMedium and Large 3—1,283654.76/cwt650.00–660.008,4012
Bred CowsMedium and Large 3—865640.00/cwt640.00–640.005,5361
SteersMedium and Large 2—535123.93/cwt120.00–128.006632
HeifersMedium and Large 3—473118.74/cwt111.00–125.005628
SteersMedium and Large 3—495127.00/cwt127.00–127.006291
SteersMedium and Large 2—375157.75/cwt155.00–164.0059211

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.