Sale reports / Mississippi / Peoples Livestock Auction / 2020-03-16

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Houston, Mississippi · Mon, Mar 16
● Final25 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
27 head
323 vs last sale 350 27 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
12 head
8 vs last sale 20 12 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
6 head
16 vs last sale 22 6 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: There was not enough data to have and accurate market trend on feeder cattle, but there were definite lower undertones. Slaughter cattle were steady to 4.00 higher. Quality was plain and demand was low.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $106.11/cwt on 9 head.
Average price
$106.11
9 head · 549 lb average
Value per head Derived
$583
Price × average weight ÷ 100
Grade differential Derived
$50
per head · Medium and Large 1 over Medium and Large 2
$6.63/cwt at this weight
vs the market
4.81
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1560112.006271thin
Medium and Large 2548105.375778thin
One grade step is worth $6.63/cwt here — about $50 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 sale9 hd
106.11
MS average12 barns · 281 hd
110.92
−4.81
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
BullsAverage1,71585.061,4592thin
CowsBoner 80-85%Average1,05456.065914thin
CowsLean 85-90%Average85548.004101thin

Every lot, as filed

25 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 1560112.00/cwt112.00–112.006271
BullsMedium and Large 2280110.00/cwt110.00–110.003081
BullsMedium and Large 2340120.00/cwt120.00–120.004081
BullsMedium and Large 2445125.00/cwt125.00–125.005561
BullsMedium and Large 2485102.00/cwt102.00–102.004951
BullsMedium and Large 2615104.00/cwt104.00–104.006401
Stock CowsMedium and Large 1900600.00/cwt600.00–600.005,4001
SteersMedium and Large 3255112.00/cwt112.00–112.002861
Cow-Calf PairsMedium and Large 11,2001,000.00/cwt1,000.00–1,000.0012,0001
Cow-Calf PairsMedium and Large 2800830.00/cwt830.00–830.006,6401
Bred CowsMedium and Large 11,195580.00/cwt580.00–580.006,9311
Bred CowsMedium and Large 1805600.00/cwt600.00–600.004,8301
Bred HeifersMedium and Large 1715625.00/cwt625.00–625.004,4691
HeifersMedium and Large 264597.00/cwt97.00–97.006261
HeifersMedium and Large 244096.25/cwt95.00–97.504242
HeifersMedium and Large 268589.00/cwt85.00–93.006102
SteersMedium and Large 1730108.00/cwt108.00–108.007881
SteersMedium and Large 2635105.00/cwt105.00–105.006671
SteersMedium and Large 277098.00/cwt98.00–98.007551
BullsMedium and Large 290093.00/cwt93.00–93.008371
BullsMedium and Large 265894.49/cwt91.00–98.006222
Bulls1,71585.06/cwt80.00–90.001,4592
CowsBoner 80-85%1,05456.06/cwt50.00–61.505914
CowsLean 85-90%85548.00/cwt48.00–48.004101
HeifersMedium and Large 165599.00/cwt99.00–99.006481

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.