Sale reports / Mississippi / Meridian Livestock Auction / 2019-10-14

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2019-10-14
Creator: RaisedBeef
Published: 2019-10-14

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 14

● Final63 lots reportedUSDA AMS · slug 2112

← Oct 7Oct 14Oct 21 →

Feeder Cattle receipts

489 head

▲ 118 vs last sale 371▲ 489 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

80 head

▲ 30 vs last sale 50▲ 80 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

30 head

▲ 8 vs last sale 22▲ 30 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

As compared to last weeks feeder calf market steers and heifers were steady to 5 lower straight across. As compared to last weeks slaughter market seems to be 2 to 5 lower cows and bulls.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $107.10/cwt on 122 head.

Average price

$107.10

122 head · 495 lb average

Value per head Derived

$531

Price × average weight ÷ 100

Grade differential Derived

$96

per head · Medium and Large 2 over Medium and Large 3

$4.67/cwt at this weight

vs the market

−2.98

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	502	107.62	540	108
Medium and Large 1	605	105.00	635	1thin
Medium and Large 3	432	102.94	444	13thin

One grade step is worth $4.67/cwt here — about $96 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 sale122 hd

107.10

—

MS average13 barns · 1,617 hd

110.08

−2.98

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	1,668	71.45	1,192	7thin
Cows	Boner 80-85%	High	1,216	46.38	564	19
Cows	Lean 85-90%	Low	1,091	39.54	431	24

Every lot

63 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 · Steers25 lots · lightest first
Steers	—	Medium and Large 2	237	142.76/cwt	140.00–145.00	338	3
Steers	—	Medium and Large 2	256	145.71/cwt	140.00–150.00	373	4
Steers	—	Medium and Large 3	275	136.45/cwt	135.00–138.00	375	2
Steers	—	Medium and Large 2	321	140.44/cwt	137.00–145.00	451	5
Steers	—	Medium and Large 1	324	151.59/cwt	143.00–156.00	491	8
Steers	—	Medium and Large 1	365	144.00/cwt	144.00–144.00	526	1
Steers	—	Medium and Large 2	369	139.08/cwt	130.00–145.00	513	11
Steers	—	Medium and Large 3	383	127.37/cwt	124.00–130.00	488	3
Steers	—	Medium and Large 2	416	126.75/cwt	123.00–130.00	527	4
Steers	—	Medium and Large 3	428	117.51/cwt	115.00–120.00	503	2
Steers	—	Medium and Large 1	430	134.99/cwt	132.00–138.00	580	8
Steers	—	Medium and Large 3	465	117.50/cwt	115.00–120.00	546	2
Steers	—	Medium and Large 1	470	133.78/cwt	130.50–137.00	629	2
Steers	—	Medium and Large 2	481	124.01/cwt	120.00–126.00	596	8
Steers	—	Medium and Large 1	515	128.69/cwt	125.00–130.00	663	12
Steers	—	Medium and Large 2	519	121.28/cwt	120.00–125.00	629	10
Steers	—	Medium and Large 3	530	115.00/cwt	115.00–115.00	610	1
Steers	—	Medium and Large 3	555	116.00/cwt	116.00–116.00	644	1
Steers	—	Medium and Large 1	563	130.48/cwt	123.00–132.00	735	6
Steers	—	Medium and Large 2	571	118.77/cwt	114.00–121.00	678	5
Steers	—	Medium and Large 2	600	113.00/cwt	113.00–113.00	678	1
Steers	—	Medium and Large 1	630	113.98/cwt	112.00–116.00	718	2
Steers	—	Medium and Large 1	705	118.45/cwt	112.00–125.00	835	2
Steers	—	Medium and Large 2	720	105.00/cwt	105.00–105.00	756	1
Steers	—	Medium and Large 1	825	112.00/cwt	112.00–112.00	924	1
Feeder Cattle · Heifers15 lots · lightest first
Heifers	—	Medium and Large 2	285	118.00/cwt	118.00–118.00	336	1
Heifers	—	Medium and Large 2	324	116.53/cwt	111.50–120.00	378	9
Heifers	—	Medium and Large 3	333	109.39/cwt	105.00–116.00	364	4
Heifers	—	Medium and Large 2	383	110.51/cwt	110.00–111.00	423	4
Heifers	—	Medium and Large 3	395	108.00/cwt	108.00–108.00	427	1
Heifers	—	Medium and Large 3	421	104.16/cwt	100.00–109.00	439	4
Heifers	—	Medium and Large 2	428	107.80/cwt	100.00–111.00	461	18
Heifers	—	Medium and Large 2	475	110.66/cwt	92.00–117.80	526	20
Heifers	—	Medium and Large 2	528	107.39/cwt	100.00–113.75	567	10
Heifers	—	Medium and Large 3	543	91.00/cwt	90.00–92.00	494	2
Heifers	—	Medium and Large 3	558	97.03/cwt	90.00–104.00	541	2
Heifers	—	Medium and Large 2	577	105.08/cwt	92.00–112.00	606	34
Heifers	—	Medium and Large 1	605	105.00/cwt	105.00–105.00	635	1
Heifers	—	Medium and Large 2	612	101.97/cwt	92.00–106.10	624	11
Heifers	—	Medium and Large 2	650	92.00/cwt	92.00–92.00	598	1
Feeder Cattle · Bulls11 lots · lightest first
Bulls	—	Medium and Large 3	380	123.45/cwt	120.00–127.00	469	2
Bulls	—	Medium and Large 3	436	119.08/cwt	115.00–125.00	519	9
Bulls	—	Medium and Large 3	473	115.55/cwt	108.00–122.00	547	6
Bulls	—	Medium and Large 3	531	108.99/cwt	105.00–113.00	579	4
Bulls	—	Medium and Large 3	575	105.49/cwt	93.00–117.00	607	15
Bulls	—	Medium and Large 3	624	103.85/cwt	101.00–107.00	648	4
Bulls	—	Medium and Large 3	668	101.96/cwt	92.75–106.00	681	5
Bulls	—	Medium and Large 3	723	102.08/cwt	97.00–105.00	738	4
Bulls	—	Medium and Large 3	771	104.00/cwt	101.00–107.00	802	4
Bulls	—	Medium and Large 3	810	90.00/cwt	90.00–90.00	729	2
Bulls	—	Medium and Large 3	940	91.00/cwt	91.00–91.00	855	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,503	69.00/cwt	63.50–71.50	1,037	4
Bulls	—	—	1,888	74.71/cwt	74.00–75.00	1,411	3
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	1,022	36.25/cwt	32.50–41.00	370	7
Cows	—	Lean 85-90%	1,119	40.89/cwt	36.50–43.00	458	17
Cows	—	Boner 80-85%	1,170	44.81/cwt	43.50–46.00	524	8
Cows	—	Boner 80-85%	1,249	47.52/cwt	45.00–51.25	594	11
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows	—	Medium 2	795	690.00/cwt	690.00–690.00	5,486	1
Bred Cows	—	Medium 2	850	800.00/cwt	800.00–800.00	6,800	1
Bred Cows	—	Medium 2	1,015	770.00/cwt	770.00–770.00	7,816	1
Bred Cows	—	Medium 2	1,060	660.00/cwt	660.00–660.00	6,996	1
Bred Cows	—	Medium 2	1,085	810.00/cwt	810.00–810.00	8,789	1
Bred Cows	—	Medium 2	1,115	700.00/cwt	700.00–700.00	7,805	1

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 14, 2019

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

Feeder CattleReceipts 489Last week 371Year ago 0

Slaughter CattleReceipts 80Last week 50Year ago 0

Replacement CattleReceipts 30Last week 22Year ago 0

As compared to last weeks feeder calf market steers and heifers were steady to 5 lower straight across. As compared to last weeks slaughter market seems to be 2 to 5 lower cows and bulls.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	630	112.00–116.00	113.98
8	—	324	143.00–156.00	151.59
2	—	470	130.50–137.00	133.78
6	—	563	123.00–132.00	130.48
12	—	515	125.00–130.00	128.69
1	—	825	112.00	112.00
2	—	705	112.00–125.00	118.45
8	—	430	132.00–138.00	134.99
1	—	365	144.00	144.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	600	113.00	113.00
4	—	256	140.00–150.00	145.71
5	—	571	114.00–121.00	118.77
11	—	369	130.00–145.00	139.08
3	—	237	140.00–145.00	142.76
5	—	321	137.00–145.00	140.44
10	—	519	120.00–125.00	121.28
1	—	720	105.00	105.00
4	—	416	123.00–130.00	126.75
8	—	481	120.00–126.00	124.01

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	555	116.00	116.00
2	—	465	115.00–120.00	117.50
1	—	530	115.00	115.00
2	—	428	115.00–120.00	117.51
3	—	383	124.00–130.00	127.37
2	—	275	135.00–138.00	136.45

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	810	90.00	90.00
4	—	723	97.00–105.00	102.08
6	—	473	108.00–122.00	115.55
2	—	380	120.00–127.00	123.45
4	—	624	101.00–107.00	103.85
5	—	668	92.75–106.00	101.96
15	—	575	93.00–117.00	105.49
1	—	940	91.00	91.00
4	—	531	105.00–113.00	108.99
4	—	771	101.00–107.00	104.00
9	—	436	115.00–125.00	119.08

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	543	90.00–92.00	91.00
4	—	421	100.00–109.00	104.16
1	—	395	108.00	108.00
4	—	333	105.00–116.00	109.39
2	—	558	90.00–104.00	97.03

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	650	92.00	92.00
10	—	528	100.00–113.75	107.39
20	—	475	92.00–117.80	110.66
1	—	285	118.00	118.00
9	—	324	111.50–120.00	116.53
18	—	428	100.00–111.00	107.80
34	—	577	92.00–112.00	105.08
11	—	612	92.00–106.10	101.97
4	—	383	110.00–111.00	110.51

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	605	105.00	105.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd/3rd Stage (4-9 mo)	1	—	1,085	810.00	810.00
Middle Aged/Aged (>5 yrs)	2nd Stage (4-6 mo)	1	—	1,115	700.00	700.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,015	770.00	770.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	795	690.00	690.00
Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	1	—	1,060	660.00	660.00
Young (2-4 yrs)	3rd Stage (7-9 mo)	1	—	850	800.00	800.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,888	74.00–75.00	74.71
4	—	1,503	63.50–71.50	69.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
11	—	1,249	45.00–51.25	47.52
8	—	1,170	43.50–46.00	44.81

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	1,022	32.50–41.00	36.25
17	—	1,119	36.50–43.00	40.89

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.