Sale reports / Mississippi / Peoples Livestock Auction / 2020-08-24

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Houston, Mississippi · Mon, Aug 24
● Final40 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
244 head
▲ 47 vs last sale 197▲ 244 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
40 head
▼ 40 vs last sale 80▲ 40 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
22 head
▼ 43 vs last sale 65▲ 22 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

COMPARED TO LAST WEEK: FEEDER STEERS SOLD MOSTLY STEADY - 4.00 LOWER. FEEDER HEIFERS SOLD MOSTLY 3.00-5.00 LOWER. SLAUGHTER COWS AND BULLS SOLD MOSTLY STEADY. DEMAND WAS FAIR TO MODERATE.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $121.00/cwt on 71 head.
Average price
$121.00
71 head · 506 lb average
Value per head Derived
$612
Price × average weight ÷ 100
Grade differential Derived
$316
per head · Medium and Large 1 over Medium and Large 3
$16.05/cwt at this weight
vs the market
−2.00
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1520124.4264715thin
Medium and Large 1-2517121.2962746
Medium and Large 2485117.145687thin
Medium and Large 3305108.373313thin
One grade step is worth $16.05/cwt here — about $316 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 sale71 hd
121.00
—
MS average13 barns · 738 hd
123.00
−2.00
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—High1,60590.001,4451thin
CowsBoner 80-85%High1,13960.0468417
CowsLean 85-90%Low86140.9335210

Every lot, as filed

40 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
Bulls——1,60590.00/cwt90.00–90.001,4451
BullsMedium and Large 1Fleshy—550121.00/cwt121.00–121.006661
BullsMedium and Large 1Fleshy—655105.00/cwt105.00–105.006881
BullsMedium and Large 1Fleshy—750110.00/cwt110.00–110.008251
BullsMedium and Large 1Fleshy—805105.00/cwt105.00–105.008451
BullsMedium and Large 1Fleshy—513120.12/cwt115.00–125.006162
BullsMedium and Large 1—350147.00/cwt147.00–147.005151
BullsMedium and Large 1—423128.49/cwt120.00–137.505442
BullsMedium and Large 1—562118.49/cwt117.50–120.006663
BullsMedium and Large 1-2—610112.00/cwt112.00–112.006833
BullsMedium and Large 1-2—405122.00/cwt122.00–122.004944
Bred CowsMedium and Large 1-2—1,040750.00/cwt750.00–750.007,8002
Bred CowsMedium and Large 3—780460.00/cwt460.00–460.003,5881
HeifersMedium and Large 1-2—404124.35/cwt120.00–130.005027
HeifersMedium and Large 2—395107.50/cwt107.50–107.504251
HeifersMedium and Large 2—490107.50/cwt107.50–107.505271
HeifersMedium and Large 1—555123.00/cwt123.00–123.006831
HeifersMedium and Large 1—365136.25/cwt135.00–137.504972
Bred CowsMedium and Large 1-2—1,100900.00/cwt900.00–900.009,9003
CowsBoner 80-85%—1,15663.55/cwt60.00–70.007358
CowsBoner 80-85%—1,12356.92/cwt52.50–58.506399
CowsLean 85-90%—80035.00/cwt35.00–35.002801
CowsLean 85-90%—75031.07/cwt30.00–32.002332
CowsLean 85-90%—90144.60/cwt40.00–47.004027
HeifersMedium and Large 1-2—482126.00/cwt126.00–126.006075
BullsMedium and Large 2—413125.00/cwt125.00–125.005162
BullsMedium and Large 2—530110.00/cwt110.00–110.005832
BullsMedium and Large 3—140120.00/cwt120.00–120.001681
BullsMedium and Large 3—388102.55/cwt100.00–105.003982
BullsMedium and Large 1-2—571118.34/cwt117.50–119.0067611
BullsMedium and Large 1-2—473125.78/cwt120.00–133.0059514
BullsMedium and Large 1-2—531120.92/cwt118.00–125.0064214
BullsMedium and Large 2—320120.00/cwt120.00–120.003841
BullsMedium and Large 2—575113.00/cwt113.00–113.006501
BullsMedium and Large 2—615117.00/cwt117.00–117.007201
BullsMedium and Large 1—500120.00/cwt120.00–120.006001
BullsMedium and Large 1—318152.80/cwt145.00–160.004862
SteersMedium and Large 1Value Added—450149.92/cwt147.50–151.0067513
SteersMedium and Large 1Value Added—400150.00/cwt150.00–150.006001
SteersMedium and Large 1Value Added—505144.73/cwt142.00–148.0073111

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.