Sale reports / Mississippi / Meridian Livestock Auction / 2019-10-07

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2019-10-07
Creator: RaisedBeef
Published: 2019-10-07

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 7

● Final48 lots reportedUSDA AMS · slug 2112

← Sep 30Oct 7Oct 14 →

Feeder Cattle receipts

371 head

▲ 154 vs last sale 217▲ 371 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

50 head

▼ 9 vs last sale 59▲ 50 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

22 head

▼ 23 vs last sale 45▲ 22 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

As compared to last weeks market slaughter cows and bulls were steady. Feeder calves steers and heifers were steady as well compared to last weeks market. Weaned groups black hides steers avrg. wt. 442lbs @ $1.49.50 per lb, 376 lbs @ $1.6450 per lb, 438 lbs @ $1.51 per lb, 516 lbs @ $1.46 per lb, 617 lb @ $1.28 per lb. Heifers avrg wt. 460 lbs@ $1.38 per lb, 376 lbs @ $1.35 per lb.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $137.11/cwt on 126 head.

Average price

$137.11

126 head · 487 lb average

Value per head Derived

$667

Price × average weight ÷ 100

Grade differential Derived

$103

per head · Medium and Large 1 over Medium and Large 3

$24.16/cwt at this weight

vs the market

+6.28

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	498	140.03	697	39
Medium and Large 1-2	528	139.57	737	22
Medium and Large 2	462	136.09	629	60
Medium and Large 3	512	115.87	593	5thin

One grade step is worth $24.16/cwt here — about $103 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 sale126 hd

137.11

—

MS average13 barns · 1,106 hd

130.83

+6.28

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	High	1,378	72.46	998	4thin
Cows	Boner 80-85%	Average	1,203	48.96	589	8thin
Cows	Lean 85-90%	Very Low	1,039	40.67	423	20

Every lot

48 lots · USDA AMS · Meridian Stockyard - Meridian, 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers22 lots · lightest first
Steers	—	Medium and Large 2	291	159.73/cwt	150.00–162.00	465	5
Steers	—	Medium and Large 1	320	156.00/cwt	156.00–156.00	499	1
Steers	—	Medium and Large 2	337	150.80/cwt	137.00–155.00	508	8
Steers	—	Medium and Large 1	374	150.58/cwt	148.50–155.00	563	4
Steers	—	Medium and Large 2	377	150.41/cwt	138.00–164.50	567	8
Steers	—	Medium and Large 1	417	149.05/cwt	142.00–151.50	622	7
Steers	—	Medium and Large 2	424	129.71/cwt	124.00–135.00	550	9
Steers	—	Medium and Large 1-2	442	149.50/cwt	149.50–149.50	661	10
Steers	—	Medium and Large 1	465	149.00/cwt	149.00–149.00	693	7
Steers	—	Medium and Large 3	465	118.71/cwt	117.50–120.00	552	2
Steers	—	Medium and Large 2	466	138.75/cwt	128.00–147.50	647	6
Steers	—	Medium and Large 3	515	117.00/cwt	117.00–117.00	603	1
Steers	—	Medium and Large 1-2	517	138.00/cwt	138.00–138.00	713	5
Steers	—	Medium and Large 1	519	135.56/cwt	128.00–146.00	704	8
Steers	—	Medium and Large 2	526	124.48/cwt	120.00–130.00	655	10
Steers	—	Medium and Large 3	558	112.47/cwt	110.00–115.00	628	2
Steers	—	Medium and Large 1	580	126.72/cwt	125.00–128.50	735	2
Steers	—	Medium and Large 2	581	123.86/cwt	120.00–129.00	720	6
Steers	—	Medium and Large 1	611	127.86/cwt	124.00–128.50	781	10
Steers	—	Medium and Large 2	621	121.66/cwt	120.00–124.00	756	6
Steers	—	Medium and Large 1-2	658	126.50/cwt	126.50–126.50	832	7
Steers	—	Medium and Large 2	735	119.50/cwt	119.00–120.00	878	2
Feeder Cattle · Heifers15 lots · lightest first
Heifers	—	Medium and Large 2	328	123.38/cwt	120.00–125.00	405	3
Heifers	—	Medium and Large 3	330	113.00/cwt	113.00–113.00	373	2
Heifers	—	Medium and Large 2	365	120.19/cwt	117.00–124.00	439	4
Heifers	—	Medium and Large 1	373	133.26/cwt	130.00–135.00	497	17
Heifers	—	Medium and Large 3	374	113.13/cwt	101.00–118.00	423	5
Heifers	—	Medium and Large 3	425	107.53/cwt	105.00–110.00	457	2
Heifers	—	Medium and Large 2	426	114.83/cwt	110.00–123.00	489	4
Heifers	—	Medium and Large 1	435	129.00/cwt	129.00–129.00	561	6
Heifers	—	Medium and Large 2	487	120.74/cwt	109.00–138.00	588	11
Heifers	—	Medium and Large 2	527	110.47/cwt	105.00–116.00	582	14
Heifers	—	Medium and Large 2	566	111.23/cwt	110.00–114.00	630	4
Heifers	—	Medium and Large 3	585	104.50/cwt	104.50–104.50	611	1
Heifers	—	Medium and Large 2	614	109.83/cwt	102.00–117.00	674	4
Heifers	—	Medium and Large 2	658	106.00/cwt	106.00–106.00	697	2
Heifers	—	Medium and Large 2	735	107.00/cwt	107.00–107.00	786	1
Feeder Cattle · Bulls4 lots · lightest first
Bulls	—	Medium and Large 3	532	115.45/cwt	110.00–119.50	614	3
Bulls	—	Medium and Large 3	565	110.00/cwt	110.00–110.00	622	1
Bulls	—	Medium and Large 3	623	109.50/cwt	100.00–118.00	682	4
Bulls	—	Medium and Large 3	670	101.49/cwt	100.00–103.00	680	2
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,257	71.11/cwt	70.00–71.50	894	3
Bulls	—	—	1,740	76.50/cwt	76.50–76.50	1,331	1
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	850	35.00/cwt	35.00–35.00	298	1
Cows	—	Lean 85-90%	1,025	38.91/cwt	35.50–42.75	399	9
Cows	—	Lean 85-90%	1,071	42.83/cwt	39.75–45.00	459	10
Cows	—	Boner 80-85%	1,203	48.96/cwt	46.50–51.25	589	8
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,413	996.58/cwt	975.00–1,020.00	14,082	4

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Oct 7, 2019

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 371Last week 217Year ago 0

Slaughter CattleReceipts 50Last week 59Year ago 0

Replacement CattleReceipts 22Last week 45Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
10	—	611	124.00–128.50	127.86
1	—	320	156.00	156.00
2	—	580	125.00–128.50	126.72
4	—	374	148.50–155.00	150.58
7	—	417	142.00–151.50	149.05
7	—	465	149.00	149.00
8	—	519	128.00–146.00	135.56

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	515	117.00	117.00
2	—	465	117.50–120.00	118.71
2	—	558	110.00–115.00	112.47

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
6	—	581	120.00–129.00	123.86
6	—	621	120.00–124.00	121.66
8	—	337	137.00–155.00	150.80
8	—	377	138.00–164.50	150.41
2	—	735	119.00–120.00	119.50
6	—	466	128.00–147.50	138.75
10	—	526	120.00–130.00	124.48
5	—	291	150.00–162.00	159.73
9	—	424	124.00–135.00	129.71

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	517	138.00	138.00
7	—	658	126.50	126.50
10	—	442	149.50	149.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
11	—	487	109.00–138.00	120.74
2	—	658	106.00	106.00
14	—	527	105.00–116.00	110.47
3	—	328	120.00–125.00	123.38
4	—	365	117.00–124.00	120.19
4	—	426	110.00–123.00	114.83
4	—	566	110.00–114.00	111.23
1	—	735	107.00	107.00
4	—	614	102.00–117.00	109.83

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	585	104.50	104.50
2	—	330	113.00	113.00
2	—	425	105.00–110.00	107.53
5	—	374	101.00–118.00	113.13

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	435	129.00	129.00
17	—	373	130.00–135.00	133.26

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
3	—	532	110.00–119.50	115.45
4	—	623	100.00–118.00	109.50
2	—	670	100.00–103.00	101.49
1	—	565	110.00	110.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,740	76.50	76.50
3	—	1,257	70.00–71.50	71.11

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
8	—	1,203	46.50–51.25	48.96

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	850	35.00	35.00
9	—	1,025	35.50–42.75	38.91
10	—	1,071	39.75–45.00	42.83

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young/Middle Aged (2-8 yrs)	Open	4	—	1,413	975.00–1,020.00	996.58

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.