Sale reports / Mississippi / Peoples Livestock Auction / 2020-06-15

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Houston, Mississippi · Mon, Jun 15
● Final24 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
182 head
86 vs last sale 96 182 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
36 head
24 vs last sale 60 36 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
9 head
13 vs last sale 22 9 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers traded steady to 4.00 higher. Feeder heifers traded 6.00-8.00 higher. Slaughter cows traded steady. Slaughter bulls no trend.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $129.88/cwt on 24 head.
Average price
$129.88
24 head · 474 lb average
Value per head Derived
$616
Price × average weight ÷ 100
Grade differential Derived
−$34
per head · Medium and Large 1-2 over Medium and Large 2
$23.79/cwt at this weight
vs the market
+4.19
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2427133.7957118thin
Medium and Large 1630119.807555thin
Medium and Large 2550110.006051thin
One grade step is worth $23.79/cwt here — about −$34 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 sale24 hd
129.88
MS average13 barns · 573 hd
125.69
+4.19
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
BullsAverage1,55592.541,4392thin
CowsBoner 80-85%Average1,13465.157399thin
CowsBreaker 75-80%Average1,54055.008471thin
CowsLean 85-90%Very Low87535.003062thin

Every lot, as filed

24 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 1270157.00/cwt157.00–157.004241
BullsMedium and Large 1240150.00/cwt150.00–150.003601
BullsMedium and Large 184097.00/cwt97.00–97.008151
BullsMedium and Large 188098.00/cwt98.00–98.008621
BullsMedium and Large 192097.00/cwt97.00–97.008921
BullsMedium and Large 1-2505128.00/cwt128.00–128.006463
HeifersMedium and Large 1365134.00/cwt134.00–134.004895
HeifersMedium and Large 359093.00/cwt93.00–93.005491
HeifersMedium and Large 349090.00/cwt90.00–90.004413
HeifersMedium and Large 1295141.00/cwt141.00–141.004161
HeifersMedium and Large 1410132.00/cwt132.00–132.005411
Cow-Calf PairsMedium and Large 1-29001,025.00/cwt1,025.00–1,025.009,2253
CowsBoner 80-85%1,11364.04/cwt60.00–66.007138
CowsBreaker 75-80%1,54055.00/cwt55.00–55.008471
CowsLean 85-90%85021.00/cwt21.00–21.001791
CowsLean 85-90%90049.00/cwt49.00–49.004411
HeifersMedium and Large 1505127.00/cwt127.00–127.006411
HeifersMedium and Large 1460127.45/cwt125.00–130.005862
BullsMedium and Large 1-2405136.05/cwt132.00–140.005514
BullsMedium and Large 1-2495125.00/cwt125.00–125.006194
BullsMedium and Large 1-2366140.00/cwt140.00–140.005127
BullsMedium and Large 2550110.00/cwt110.00–110.006051
Bulls1,55592.54/cwt92.00–93.001,4392
CowsBoner 80-85%1,30074.00/cwt74.00–74.009621

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.