Sale reports / Mississippi / Peoples Livestock Auction / 2024-11-11

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Houston, Mississippi · Mon, Nov 11
● Final34 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
100 head
32 vs last sale 132 42 vs year ago 58 · +72.4%
Slaughter Cattle receipts
24 head
2 vs last sale 26 11 vs year ago 35 · 31.4%
View

Reporter comment USDA

As filed

Compared to last week it was a mixed market with feeder bulls selling considerably higher across the board. Supply was average with good demand. Slaughter cattle sold steady to 3$ lower.

Weight class

Bulls · summary 500–600 lb

Weighted average of every reported lot
500–600 lb bulls averaged $238.02/cwt on 10 head. That ranks 1 of 6 comparable sales and sits 174.30 against this barn's trailing median of $412.32.
Average price
$238.02
10 head · 552 lb average
Value per head Derived
$1,315
Price × average weight ÷ 100
Grade differential Derived
$118
per head · Medium and Large 1 over Medium and Large 2
$29.04/cwt at this weight
vs the market
5.37
vs MS average

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1543252.541,3725thin
Medium and Large 2561223.501,2545thin
One grade step is worth $29.04/cwt here — about $118 a head. Across this sale the premium is widest at 200–300 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 sale10 hd
238.02
MS average12 barns · 122 hd
243.39
−5.37
This barn, trailing median6 sales
412.32
−174.30
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%Average1,075112.791,2125thin
CowsLean 85-90%Average91594.988693thin

Every lot, as filed

34 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 1350–400375311.31/cwt308.00–315.001,1672
BullsMedium and Large 1550–600568248.99/cwt248.00–250.001,4142
BullsMedium and Large 1300–350308336.65/cwt335.00–340.001,0373
BullsMedium and Large 1450–500473274.26/cwt268.00–280.001,2973
BullsMedium and Large 2400–450428248.46/cwt242.00–255.001,0632
BullsMedium and Large 2500–550533229.93/cwt225.00–235.001,2262
HeifersMedium and Large 2200–250226230.60/cwt225.00–235.005214
HeifersMedium and Large 1450–500465238.37/cwt235.00–240.001,1083
BullsMedium and Large 1250–300269341.90/cwt338.00–350.009205
BullsMedium and Large 1400–450424294.40/cwt288.00–300.001,2484
HeifersMedium and Large 1250–300278270.23/cwt265.00–275.007512
HeifersMedium and Large 2400–450433220.32/cwt218.00–225.009543
HeifersMedium and Large 1200–250236267.33/cwt263.00–270.006314
HeifersMedium and Large 2250–300293240.67/cwt240.00–242.007053
BullsMedium and Large 1200–250230305.40/cwt300.00–315.007024
BullsMedium and Large 2750–800773190.38/cwt188.00–195.001,4723
HeifersMedium and Large 2300–350320227.62/cwt225.00–230.007282
HeifersMedium and Large 2350–400378211.52/cwt208.00–215.008002
HeifersMedium and Large 1300–350339264.77/cwt262.00–270.008984
HeifersMedium and Large 1400–450421246.09/cwt241.00–250.001,0364
BullsMedium and Large 2550–600580219.21/cwt215.00–225.001,2713
BullsMedium and Large 2650–700680200.60/cwt195.00–205.001,3643
BullsMedium and Large 1750–800757214.00/cwt212.00–215.001,6203
BullsMedium and Large 1500–550527254.91/cwt250.00–260.001,3433
BullsMedium and Large 2450–500463236.94/cwt232.00–240.001,0973
HeifersMedium and Large 2450–500468222.31/cwt220.00–225.001,0403
BullsMedium and Large 2200–250222241.97/cwt238.00–250.005373
BullsMedium and Large 2600–650625208.98/cwt208.00–210.001,3062
BullsMedium and Large 2350–400378270.10/cwt265.00–275.001,0212
BullsMedium and Large 2250–300273246.63/cwt242.00–255.006733
BullsMedium and Large 1650–700668218.34/cwt215.00–222.001,4593
BullsMedium and Large 1600–650618228.30/cwt225.00–233.001,4114
CowsBoner 80-85%1,075112.79/cwt110.00–118.001,2125
CowsLean 85-90%91594.98/cwt90.00–100.008693

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.