Sale reports / Mississippi / Peoples Livestock Auction / 2024-06-10

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Houston, Mississippi · Mon, Jun 10
● Final24 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
47 head
15 vs last sale 32 84 vs year ago 131 · 64.1%
Slaughter Cattle receipts
10 head
7 vs last sale 17 30 vs year ago 40 · 75.0%
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Reporter comment USDA

As filed

NOT ENOUGH DATA TO CALL AN ACCURATE TREND. DEMAND STRONG. QUALITY AVERAGE.

Weight class

Bulls · summary 500–600 lb

Weighted average of every reported lot
500–600 lb bulls averaged $247.00/cwt on 7 head. That ranks 1 of 6 comparable sales and sits 165.32 against this barn's trailing median of $412.32.
Average price
$247.00
7 head · 543 lb average
Value per head Derived
$1,341
Price × average weight ÷ 100
Grade differential Derived
−$9
per head · Medium and Large 1-2 over Medium and Large 1
$18.75/cwt at this weight
vs the market
12.62
vs MS average

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2525257.501,3522thin
Medium and Large 2537245.501,3183thin
Medium and Large 1570238.751,3612thin
One grade step is worth $18.75/cwt here — about −$9 a head. Across this sale the premium is widest at 400–500 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

6 sales
455426398370median 412.3201/1902/0905/1807/1308/03
Bulls 500–600 lb: high $440.81, low $383.65, median $412.32 across 6 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only
This sale7 hd
247.00
MS average12 barns · 111 hd
259.62
−12.62
This barn, trailing median6 sales
412.32
−165.32
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
CowsBoner 80-85%High1,188145.131,7244thin

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
CowsBoner 80-85%1,188145.13/cwt142.50–150.001,7244
BullsMedium and Large 1Fleshy700–750740217.50/cwt217.50–217.501,6101
HeifersMedium and Large 1Fleshy650–700680225.00/cwt225.00–225.001,5301
BullsMedium and Large 1Full550–600565217.50/cwt217.50–217.501,2291
BullsMedium and Large 1250–300285340.00/cwt340.00–340.009691
BullsMedium and Large 1550–600575260.00/cwt260.00–260.001,4951
BullsMedium and Large 1600–650628241.70/cwt240.00–245.001,5183
HeifersMedium and Large 1400–450435285.00/cwt285.00–285.001,2401
BullsMedium and Large 1-2Fleshy450–500475252.50/cwt252.50–252.501,1992
HeifersMedium and Large 1-2550–600555237.50/cwt237.50–237.501,3183
BullsMedium and Large 1-2500–550525257.50/cwt257.50–257.501,3522
HeifersMedium and Large 1-2450–500485252.50/cwt252.50–252.501,2252
BullsMedium and Large 1-2400–450445277.50/cwt277.50–277.501,2353
BullsMedium and Large 2Fleshy500–550515255.00/cwt255.00–255.001,3131
BullsMedium and Large 2400–450415220.00/cwt220.00–220.009131
HeifersMedium and Large 2400–450400215.00/cwt215.00–215.008601
HeifersMedium and Large 2550–600565220.00/cwt220.00–220.001,2431
BullsMedium and Large 2500–550500254.00/cwt254.00–254.001,2701
HeifersMedium and Large 1500–550545255.00/cwt255.00–255.001,3901
BullsMedium and Large 2600–650640235.00/cwt235.00–235.001,5041
HeifersMedium and Large 2600–650615222.50/cwt222.50–222.501,3681
HeifersMedium and Large 2450–500460228.56/cwt220.00–237.501,0512
BullsMedium and Large 2450–500480237.50/cwt237.50–237.501,1401
BullsMedium and Large 2550–600595227.50/cwt227.50–227.501,3541

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.