Sale reports / Mississippi / Lipscomb Brother's Livestock Auction / 2020-03-18

Lipscomb Brother's Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Como, Mississippi · Wed, Mar 18
● Final23 lots reportedUSDA AMS · slug 2126
Feeder Cattle receipts
52 head
▼ 155 vs last sale 207▲ 52 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
45 head
▲ 21 vs last sale 24▲ 45 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
1 head
▼ 4 vs last sale 5▲ 1 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week there was not enough data to form and accurate market trend on feeder cattle, however, there was a lower undertone. Slaughter cows were steady to 3.00 higher and slaughter bulls were steady. Quality was average and demand was lower than last week.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $126.69/cwt on 15 head.
Average price
$126.69
15 head · 573 lb average
Value per head Derived
$726
Price × average weight ÷ 100
Grade differential Derived
$262
per head · Medium and Large 1 over Medium and Large 2
$7.99/cwt at this weight
vs the market
−1.89
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1620128.8279811thin
Medium and Large 2444120.835364thin
One grade step is worth $7.99/cwt here — about $262 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 sale15 hd
126.69
—
MS average11 barns · 230 hd
128.59
−1.89
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—Average1,68989.191,5064thin
CowsBoner 80-85%High1,31061.5880627
CowsLean 85-90%Average1,15242.294876thin

Every lot

23 lots · USDA AMS · Lipscomb Brother's Livestock Market, Inc.- Como, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers7 lots · lightest first
Steers—Medium and Large 2345129.00/cwt129.00–129.004451
Steers—Medium and Large 2425120.66/cwt117.00–124.005132
Steers—Medium and Large 1535125.00/cwt125.00–125.006691
Steers—Medium and Large 1569133.25/cwt131.00–134.007584
Steers—Medium and Large 2580113.00/cwt113.00–113.006551
Steers—Medium and Large 1625128.00/cwt128.00–128.008001
Steers—Medium and Large 1676126.21/cwt121.00–128.008535
Feeder Cattle · Heifers7 lots · lightest first
Heifers—Medium and Large 1310117.00/cwt117.00–117.003631
Heifers—Medium and Large 1375122.55/cwt119.00–126.004602
Heifers—Medium and Large 1440124.00/cwt124.00–124.005461
Heifers—Medium and Large 247098.00/cwt98.00–98.004611
Heifers—Medium and Large 347587.50/cwt87.00–88.004162
Heifers—Medium and Large 1520105.00/cwt105.00–105.005461
Heifers—Medium and Large 258093.00/cwt93.00–93.005391
Feeder Cattle · Bulls3 lots · lightest first
Bulls—Medium and Large 1295138.00/cwt138.00–138.004071
Bulls—Medium and Large 1375138.00/cwt138.00–138.005181
Bulls—Medium and Large 270592.00/cwt91.00–93.006492
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——Light Weight1,46084.00/cwt84.00–84.001,2261
Bulls——1,76590.92/cwt89.00–94.001,6053
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%1,15242.29/cwt36.00–50.004876
Cows—Boner 80-85%1,22059.34/cwt52.00–62.5072418
Cows—Boner 80-85%1,48966.06/cwt63.00–71.009849
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 11,000790.00/cwt790.00–790.007,9001

This sale against other markets

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.