Sale reports / Mississippi / Peoples Livestock Auction / 2023-01-02

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Houston, Mississippi · Mon, Jan 2
● Final29 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
42 head
83 vs last sale 125 42 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
16 head
4 vs last sale 12 16 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

COMPARED TO LAST WEEK: FEEDER STEERS AND HEIFERS TRADED MOSTLY STEADY. SLAUGHTER COWS TRADED 4.00-7.00 HIGHER. QUALITY MOSTLY AVERAGE. DEMAND MODERATE.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $145.24/cwt on 25 head.
Average price
$145.24
25 head · 452 lb average
Value per head Derived
$657
Price × average weight ÷ 100
Grade differential Derived
$272
per head · Medium and Large 1 over Medium and Large 3
$37.59/cwt at this weight
vs the market
+2.12
vs MS average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1509156.097946thin
Medium and Large 1-2406150.0060912thin
Medium and Large 2499131.506565thin
Medium and Large 3440118.505212thin
One grade step is worth $37.59/cwt here — about $272 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 sale25 hd
145.24
MS average1 barns · 26 hd
143.12
+2.12
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
BullsAverage1,65090.001,4851thin
CowsBoner 80-85%High1,11774.168283thin
CowsLean 85-90%Average98653.785305thin

Every lot, as filed

29 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 3500115.00/cwt115.00–115.005751
BullsMedium and Large 1-2200165.00/cwt165.00–165.003303
BullsMedium and Large 1800127.50/cwt127.50–127.501,0201
BullsMedium and Large 1503153.28/cwt147.50–159.007712
BullsMedium and Large 1415167.49/cwt165.00–170.006953
BullsMedium and Large 1-2650132.50/cwt132.50–132.508613
HeifersMedium and Large 1385165.00/cwt165.00–165.006351
BullsMedium and Large 2575120.00/cwt120.00–120.006901
HeifersMedium and Large 3400107.50/cwt107.50–107.504301
SteersMedium and Large 1520155.00/cwt155.00–155.008061
SteersMedium and Large 1635155.00/cwt155.00–155.009841
SteersMedium and Large 1365180.00/cwt180.00–180.006571
SteersMedium and Large 1435175.00/cwt170.00–180.007612
BullsMedium and Large 3380122.00/cwt122.00–122.004641
HeifersMedium and Large 1450142.50/cwt142.50–142.506411
HeifersMedium and Large 1430151.21/cwt147.50–155.006502
HeifersMedium and Large 1-2555130.00/cwt130.00–130.007223
HeifersMedium and Large 1-2535147.50/cwt147.50–147.507892
HeifersMedium and Large 2435117.50/cwt117.50–117.505111
BullsMedium and Large 1-2275152.50/cwt152.50–152.504193
BullsMedium and Large 2400142.50/cwt142.50–142.505701
BullsMedium and Large 2505130.00/cwt130.00–130.006571
BullsMedium and Large 1-2500150.00/cwt150.00–150.007503
BullsMedium and Large 2715127.50/cwt127.50–127.509121
BullsMedium and Large 2300137.50/cwt137.50–137.504131
Bulls1,65090.00/cwt90.00–90.001,4851
CowsBoner 80-85%1,11774.16/cwt72.00–76.008283
CowsLean 85-90%97650.97/cwt50.00–52.004974
CowsLean 85-90%1,02565.00/cwt65.00–65.006661

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.