Sale reports / Mississippi / Meridian Livestock Auction / 2019-10-28

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 28
● Final73 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
376 head
▼ 128 vs last sale 504▲ 376 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
13 head
▼ 51 vs last sale 64▲ 13 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
23 head
▼ 56 vs last sale 79▲ 23 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: feeder steers sold steady and feeder heifers sold steady to 3 lower. Slaughter bulls and cows sold steady. Had groups of weaned calves black hided steers avrg. wt. 770 lbs @ $ 1.34 per lb, 605 lbs @ $ 1.3450 per lb, heifer mates 631 lbs. @ $ 1.24 per lb, char calves steers avrg. wt. 418 lbs @ $ 1.48 per lb, 524 lbs @ $ 1.2450 per lb.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $130.72/cwt on 142 head.
Average price
$130.72
142 head · 556 lb average
Value per head Derived
$727
Price × average weight ÷ 100
Grade differential Derived
$112
per head · Medium and Large 1 over Medium and Large 3
$22.56/cwt at this weight
vs the market
−0.84
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1513136.0569820
Medium and Large 2415134.2555729
Medium and Large 1-2616129.5179887
Medium and Large 3516113.485866thin
One grade step is worth $22.56/cwt here — about $112 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 sale142 hd
130.72
—
MS average13 barns · 1,017 hd
131.56
−0.84
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—High1,86073.501,3671thin
CowsBoner 80-85%Low1,24247.835943thin
CowsLean 85-90%Low1,05436.053807thin

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 · Steers32 lots · lightest first
Steers—Medium and Large 2230140.00/cwt140.00–140.003221
Steers—Medium and Large 2278146.18/cwt144.00–150.004064
Steers—Medium and Large 3300120.00/cwt120.00–120.003601
Steers—Medium and Large 1318149.67/cwt149.00–150.004763
Steers—Medium and Large 2328145.33/cwt140.00–149.004773
Steers—Medium and Large 1369148.24/cwt147.00–150.005474
Steers—Medium and Large 2382137.47/cwt132.00–140.005258
Steers—Medium and Large 1413146.96/cwt145.00–150.006073
Steers—Medium and Large 1-2418148.00/cwt148.00–148.006195
Steers—Medium and Large 2432129.00/cwt127.00–130.005573
Steers—Medium and Large 1-2470130.00/cwt130.00–130.006111
Steers—Medium and Large 2478128.37/cwt120.00–138.006145
Steers—Medium and Large 3480116.00/cwt116.00–116.005571
Steers—Medium and Large 1495139.00/cwt139.00–139.006881
Steers—Medium and Large 1500142.00/cwt142.00–142.007101
Steers—Medium and Large 3500112.00/cwt112.00–112.005601
Steers—Medium and Large 2510122.51/cwt122.00–123.006252
Steers—Medium and Large 1-2522126.23/cwt124.00–139.0065921
Steers—Medium and Large 1575128.00/cwt128.00–128.007361
Steers—Medium and Large 3578116.45/cwt115.00–118.006732
Steers—Medium and Large 2595125.00/cwt125.00–125.007441
Steers—Medium and Large 1-2598120.00/cwt120.00–120.007186
Steers—Medium and Large 1-2617130.04/cwt121.00–134.0080231
Steers—Medium and Large 1635125.06/cwt121.00–129.007942
Steers—Medium and Large 2635119.00/cwt119.00–119.007561
Steers—Medium and Large 3660100.00/cwt100.00–100.006601
Steers—Medium and Large 2715115.00/cwt115.00–115.008221
Steers—Medium and Large 1717117.33/cwt116.00–119.008413
Steers—Medium and Large 1-2724134.00/cwt134.00–134.009707
Steers—Medium and Large 1-2768128.57/cwt116.50–134.0098716
Steers—Medium and Large 1795114.00/cwt114.00–114.009061
Steers—Medium and Large 1805113.00/cwt113.00–113.009101
Feeder Cattle · Heifers26 lots · lightest first
Heifers—Medium and Large 2285120.00/cwt120.00–120.003421
Heifers—Medium and Large 3290117.00/cwt117.00–117.003391
Heifers—Medium and Large 2314122.66/cwt120.00–126.003855
Heifers—Medium and Large 1328126.49/cwt125.00–128.004152
Heifers—Medium and Large 3335110.00/cwt110.00–110.003691
Heifers—Medium and Large 1358125.97/cwt124.00–128.004513
Heifers—Medium and Large 3369110.76/cwt108.00–115.004094
Heifers—Medium and Large 2373119.29/cwt116.00–122.004456
Heifers—Medium and Large 1425119.48/cwt119.00–120.005082
Heifers—Medium and Large 3425107.93/cwt104.00–110.004593
Heifers—Medium and Large 2426111.52/cwt108.00–119.004758
Heifers—Medium and Large 1-2467118.04/cwt114.00–124.0055112
Heifers—Medium and Large 2472109.95/cwt107.00–114.005193
Heifers—Medium and Large 3483104.15/cwt102.00–108.005036
Heifers—Medium and Large 2524107.22/cwt100.00–112.0056210
Heifers—Medium and Large 1-2533109.00/cwt109.00–109.005816
Heifers—Medium and Large 2562105.73/cwt102.00–111.0059410
Heifers—Medium and Large 357094.00/cwt94.00–94.005361
Heifers—Medium and Large 1-2575121.00/cwt121.00–121.006962
Heifers—Medium and Large 2616101.23/cwt95.00–108.006244
Heifers—Medium and Large 1-2621117.00/cwt104.00–124.0072725
Heifers—Medium and Large 2682101.05/cwt96.00–104.006893
Heifers—Medium and Large 2738100.34/cwt100.00–101.007413
Heifers—Medium and Large 375591.00/cwt91.00–91.006871
Heifers—Medium and Large 2760100.00/cwt100.00–100.007601
Heifers—Medium and Large 2840100.00/cwt100.00–100.008401
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 3440121.69/cwt120.00–125.005353
Bulls—Medium and Large 3473119.67/cwt113.00–127.0056611
Bulls—Medium and Large 3569105.51/cwt93.50–110.006009
Bulls—Medium and Large 3625103.50/cwt102.00–105.006472
Bulls—Medium and Large 2640101.00/cwt101.00–101.006461
Bulls—Medium and Large 366897.27/cwt92.00–100.006503
Bulls—Medium and Large 372393.99/cwt93.00–95.006804
Bulls—Medium and Large 377589.93/cwt85.00–93.006973
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,86073.50/cwt73.50–73.501,3671
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%99827.75/cwt27.50–28.002772
Cows—Lean 85-90%1,07639.37/cwt36.00–44.004245
Cows—Boner 80-85%1,17052.00/cwt52.00–52.006081
Cows—Boner 80-85%1,27544.50/cwt44.50–44.505671
Cows—Boner 80-85%1,28047.00/cwt47.00–47.006021
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,173672.92/cwt650.00–700.007,8932

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.