Sale reports / Mississippi / Peoples Livestock Auction / 2019-12-16

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Houston, Mississippi · Mon, Dec 16
● Final42 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
102 head
▼ 42 vs last sale 144▲ 102 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
32 head
▼ 10 vs last sale 42▲ 32 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
15 head
▼ 38 vs last sale 53▲ 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers steady to 5.00 higher. Feeder heifers steady to 4.00 higher. Demand was very good. Quality plain to average. Slaughter cows 3.00-5.00 higher. Slaughter bulls steady.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $121.49/cwt on 34 head.
Average price
$121.49
34 head · 448 lb average
Value per head Derived
$544
Price × average weight ÷ 100
Grade differential Derived
$183
per head · Medium and Large 1 over Medium and Large 3
$40.40/cwt at this weight
vs the market
+5.29
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1416132.9055317thin
Medium and Large 1-2532111.8059510thin
Medium and Large 2405110.154466thin
Medium and Large 340092.503701thin
One grade step is worth $40.40/cwt here — about $183 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 sale34 hd
121.49
—
MS average13 barns · 542 hd
116.20
+5.29
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—Average1,67378.001,3052thin
CowsBoner 80-85%Average1,17548.065655thin
CowsLean 85-90%Average91631.052858thin

Every lot, as filed

42 lots · USDA AMS · Peoples Livestock Auction - Houston, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1-2Fleshy—335120.00/cwt120.00–120.004022
BullsMedium and Large 1-2Fleshy—530105.00/cwt105.00–105.005572
HeifersMedium and Large 2Full—54092.50/cwt92.50–92.505001
SteersMedium and Large 1-2Full—470120.00/cwt120.00–120.005643
Bulls——1,60075.00/cwt75.00–75.001,2001
Bulls——1,74581.00/cwt81.00–81.001,4131
BullsMedium and Large 1—580120.00/cwt120.00–120.006961
BullsMedium and Large 1—700115.00/cwt115.00–115.008051
BullsMedium and Large 1—413135.24/cwt127.00–144.005592
BullsMedium and Large 1—373138.19/cwt130.00–145.005153
SteersMedium and Large 1—375140.00/cwt140.00–140.005251
Cow-Calf PairsMedium and Large 2—800600.00/cwt600.00–600.004,8002
Bred CowsMedium and Large 2—895510.67/cwt450.00–540.004,5703
HeifersMedium and Large 1-2—430110.00/cwt110.00–110.004733
HeifersMedium and Large 2—230105.00/cwt105.00–105.002421
HeifersMedium and Large 2—345105.00/cwt105.00–105.003621
HeifersMedium and Large 3—36082.50/cwt82.50–82.502971
SteersMedium and Large 1-2—620117.00/cwt117.00–117.007252
SteersMedium and Large 1—310165.00/cwt165.00–165.005121
CowsLean 85-90%—1,05535.31/cwt35.00–36.003733
HeifersMedium and Large 1—275122.50/cwt122.50–122.503371
CowsLean 85-90%Light Weight—80030.00/cwt30.00–30.002402
CowsLean 85-90%Light Weight—83037.50/cwt37.50–37.503111
CowsLean 85-90%Light Weight—74015.00/cwt15.00–15.001111
SteersMedium and Large 1Value Added—523131.88/cwt127.00–137.006902
SteersMedium and Large 1Value Added—423139.54/cwt132.00–147.005902
BullsMedium and Large 1—479123.50/cwt120.00–126.005924
BullsMedium and Large 3—40092.50/cwt92.50–92.503701
BullsMedium and Large 2—510108.00/cwt108.00–108.005512
BullsMedium and Large 2—163113.69/cwt110.00–117.501852
BullsMedium and Large 2—70097.50/cwt97.50–97.506831
BullsMedium and Large 2—385120.00/cwt120.00–120.004621
CowsBoner 80-85%—1,13345.26/cwt42.50–47.505133
CowsBoner 80-85%—1,23852.27/cwt52.00–52.506472
CowsLean 85-90%—99530.00/cwt30.00–30.002991
BullsMedium and Large 1-2—550110.00/cwt110.00–110.006054
BullsMedium and Large 1-2—695114.00/cwt114.00–114.007922
BullsMedium and Large 1—323140.88/cwt135.00–150.004556
HeifersMedium and Large 1—417120.66/cwt120.00–122.005033
HeifersMedium and Large 1—488114.95/cwt112.00–118.005612
HeifersMedium and Large 1—370120.51/cwt120.00–121.004462
HeifersMedium and Large 1—315122.54/cwt120.00–125.003862

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.