Sale reports / Mississippi / Peoples Livestock Auction / 2020-06-22

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Houston, Mississippi · Mon, Jun 22
● Final32 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
183 head
1 vs last sale 182 183 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
150 head
114 vs last sale 36 150 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers traded steady. Feeder heifers traded steady-2.00 higher. Slaughter bulls traded 4.00-6.00 higher. Slaughter cows traded steady-5.00 higher. Quality plain to average. Demand good.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $110.60/cwt on 58 head.
Average price
$110.60
58 head · 654 lb average
Value per head Derived
$723
Price × average weight ÷ 100
Grade differential Derived
−$33
per head · Medium and Large 1 over Medium and Large 1-2
$13.40/cwt at this weight
vs the market
8.87
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1573121.2369512thin
Medium and Large 1-2675107.8372846
One grade step is worth $13.40/cwt here — about −$33 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 sale58 hd
110.60
MS average13 barns · 1,092 hd
119.47
−8.87
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
BullsAverage1,63994.601,5514thin
CowsBoner 80-85%Average1,19865.6078626
CowsLean 85-90%Average90451.674674thin

Every lot, as filed

32 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 1Fleshy500122.00/cwt122.00–122.006101
BullsMedium and Large 1Full97098.00/cwt98.00–98.009511
HeifersMedium and Large 1-2Full70095.00/cwt95.00–95.006653
BullsMedium and Large 1210152.00/cwt152.00–152.003191
BullsMedium and Large 1330150.00/cwt150.00–150.004951
BullsMedium and Large 1250158.00/cwt158.00–158.003952
BullsMedium and Large 1-2390130.00/cwt130.00–130.005073
BullsMedium and Large 2510123.82/cwt120.00–127.506312
BullsMedium and Large 2663111.47/cwt110.00–113.007392
SteersMedium and Large 1730120.00/cwt120.00–120.008761
SteersMedium and Large 1-2205165.00/cwt165.00–165.003382
SteersMedium and Large 1-2695119.60/cwt119.50–122.0083147
CowsBoner 80-85%1,16863.39/cwt52.00–72.0074020
CowsLean 85-90%90451.67/cwt48.00–53.004674
CowsBoner 80-85%1,29772.98/cwt70.00–75.009476
HeifersMedium and Large 1210152.50/cwt152.50–152.503201
HeifersMedium and Large 1635112.00/cwt112.00–112.007111
HeifersMedium and Large 1-2620105.00/cwt105.00–105.006513
BullsMedium and Large 2645104.00/cwt104.00–104.006711
BullsMedium and Large 2720108.00/cwt108.00–108.007781
Bulls1,40580.00/cwt80.00–80.001,1241
Bulls1,63593.50/cwt93.50–93.501,5291
Bulls1,758102.46/cwt102.00–103.001,8012
BullsMedium and Large 2475123.53/cwt120.00–128.005874
BullsMedium and Large 1-2630123.00/cwt123.00–123.007753
BullsMedium and Large 1-2680112.00/cwt112.00–112.007624
BullsMedium and Large 1-2545125.00/cwt125.00–125.006815
BullsMedium and Large 2595118.00/cwt118.00–118.007021
BullsMedium and Large 281095.00/cwt95.00–95.007701
BullsMedium and Large 2438121.51/cwt120.00–123.005322
HeifersMedium and Large 1-2Value Added677109.00/cwt109.00–109.0073840
HeifersMedium and Large 1Value Added603119.02/cwt115.00–123.0071810

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.