Sale reports / Mississippi / Meridian Livestock Auction / 2019-10-21

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 21
● Final73 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
504 head
▲ 15 vs last sale 489▲ 504 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
64 head
▼ 16 vs last sale 80▲ 64 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
79 head
▲ 49 vs last sale 30▲ 79 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

As compared to last weeks slaughter market bulls and cows were steady today. Feeder calf market looked much better today feeder steers and heifers were 5 to ten higher across the board. Had some groups of weaned steers avrg. wt. 581 lbs. @ $1.33 per lb, 455lbs @ $1.40 per lb, 531 lb steers @ $ 1.43 and 527 lbs @ $ 1.40, heifers average wt. 534 lbs @ $ 1.13, 427 lbs. @ $ 1.1925 black hided.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.07/cwt on 157 head.
Average price
$137.07
157 head · 461 lb average
Value per head Derived
$632
Price × average weight ÷ 100
Grade differential Derived
$77
per head · Medium and Large 1 over Medium and Large 3
$24.62/cwt at this weight
vs the market
+5.52
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1445144.5964372
Medium and Large 1-2539132.5071428
Medium and Large 2441130.3657554
Medium and Large 3472119.975663thin
One grade step is worth $24.62/cwt here — about $77 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 sale157 hd
137.07
—
MS average13 barns · 886 hd
131.55
+5.52
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—Average1,53672.831,11913
CowsBoner 80-85%High1,17447.1155317
CowsLean 85-90%Low1,03436.4737719

Every lot

73 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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers28 lots · lightest first
Steers—Medium and Large 2235139.00/cwt139.00–139.003271
Steers—Medium and Large 1245160.00/cwt160.00–160.003922
Steers—Medium and Large 1277155.34/cwt154.00–157.004303
Steers—Medium and Large 2292144.20/cwt139.00–150.004215
Steers—Medium and Large 1318153.34/cwt145.00–160.0048813
Steers—Medium and Large 2331144.10/cwt135.00–150.004775
Steers—Medium and Large 2371142.86/cwt130.00–150.005306
Steers—Medium and Large 1374155.73/cwt147.00–163.0058217
Steers—Medium and Large 1413149.82/cwt133.00–160.0061914
Steers—Medium and Large 2413128.91/cwt123.00–146.0053216
Steers—Medium and Large 1-2455138.00/cwt138.00–138.006286
Steers—Medium and Large 3472119.97/cwt116.00–124.005663
Steers—Medium and Large 2475126.35/cwt120.00–136.006006
Steers—Medium and Large 1480132.31/cwt130.00–133.006357
Steers—Medium and Large 1510128.20/cwt128.00–129.006545
Steers—Medium and Large 1-2529141.51/cwt140.00–143.007498
Steers—Medium and Large 2531120.62/cwt117.00–124.006406
Steers—Medium and Large 2569118.00/cwt114.00–124.006716
Steers—Medium and Large 1-2581125.00/cwt125.00–125.0072614
Steers—Medium and Large 1597135.00/cwt135.00–135.008062
Steers—Medium and Large 1630123.54/cwt122.00–125.007782
Steers—Medium and Large 2690120.00/cwt120.00–120.008281
Steers—Medium and Large 2725113.50/cwt113.50–113.508231
Steers—Medium and Large 1780116.32/cwt115.00–119.009073
Steers—Medium and Large 2790116.00/cwt116.00–116.009161
Steers—Medium and Large 1825119.00/cwt119.00–119.009821
Steers—Medium and Large 1947112.00/cwt112.00–112.001,0612
Steers—Medium and Large 11,005110.00/cwt110.00–110.001,1061
Feeder Cattle · Heifers23 lots · lightest first
Heifers—Medium and Large 2290123.29/cwt120.00–126.003583
Heifers—Medium and Large 3310111.00/cwt111.00–111.003441
Heifers—Medium and Large 2329120.00/cwt116.00–123.003954
Heifers—Medium and Large 1330127.92/cwt123.00–131.004224
Heifers—Medium and Large 1365129.19/cwt124.00–134.0047215
Heifers—Medium and Large 2376117.20/cwt112.00–122.0044110
Heifers—Medium and Large 3390100.00/cwt100.00–100.003901
Heifers—Medium and Large 2422112.56/cwt105.00–120.0047512
Heifers—Medium and Large 1-2427119.25/cwt119.25–119.2550914
Heifers—Medium and Large 1429118.60/cwt118.00–119.005095
Heifers—Medium and Large 3435100.00/cwt100.00–100.004351
Heifers—Medium and Large 2468109.49/cwt102.00–114.005128
Heifers—Medium and Large 3476101.49/cwt100.00–103.004836
Heifers—Medium and Large 1495117.00/cwt117.00–117.005791
Heifers—Medium and Large 2523107.39/cwt100.00–112.0056213
Heifers—Medium and Large 3525100.00/cwt100.00–100.005251
Heifers—Medium and Large 1-2534113.00/cwt113.00–113.0060317
Heifers—Medium and Large 1535114.00/cwt114.00–114.006101
Heifers—Medium and Large 2579102.16/cwt97.00–110.0059212
Heifers—Medium and Large 2662101.82/cwt100.00–106.006745
Heifers—Medium and Large 2710102.96/cwt99.00–105.007313
Heifers—Medium and Large 2760106.03/cwt102.00–110.008062
Heifers—Medium and Large 280598.67/cwt94.00–101.007943
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 2425124.00/cwt123.00–125.005272
Bulls—Medium and Large 3427120.32/cwt114.00–129.005149
Bulls—Medium and Large 3466122.15/cwt120.00–125.005697
Bulls—Medium and Large 3521115.94/cwt109.00–122.006046
Bulls—Medium and Large 3578105.27/cwt99.00–110.006085
Bulls—Medium and Large 3611106.82/cwt100.00–115.006539
Bulls—Medium and Large 3665105.99/cwt103.00–110.007054
Bulls—Medium and Large 3713106.01/cwt105.00–107.007562
Bulls—Medium and Large 377099.00/cwt99.00–99.007621
Bulls—Medium and Large 380594.00/cwt94.00–94.007571
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,48068.58/cwt65.50–73.501,0156
Bulls——1,58476.48/cwt74.00–80.001,2117
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%93927.29/cwt22.50–32.002565
Cows—Lean 85-90%1,06839.75/cwt35.00–43.0042514
Cows—Boner 80-85%1,14245.89/cwt44.00–50.0052411
Cows—Boner 80-85%1,23349.36/cwt46.50–55.006096
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,1701,000.00/cwt1,000.00–1,000.0011,7002
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 2968806.03/cwt750.00–855.007,8023
Bred Cows—Medium and Large 21,048836.34/cwt825.00–850.008,7652
Bred Cows—Medium and Large 21,088731.06/cwt710.00–750.007,9542
Bred Cows—Medium and Large 21,160665.00/cwt665.00–665.007,7141
Bred Cows—Medium and Large 21,335610.00/cwt610.00–610.008,1441

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.