Sale reports / Mississippi / Meridian Livestock Auction / 2019-11-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 4
● Final72 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
359 head
▼ 17 vs last sale 376▲ 359 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
61 head
▲ 48 vs last sale 13▲ 61 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
48 head
▲ 25 vs last sale 23▲ 48 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: feeder steers and heifers were steady. Slaughter cows and bulls were steady. Weaned steers in groups 505 lbs brght. $ 1.3950 per lb. 635 lb steers @ $1.3175, 500 lbs @ $ 1.4425, 408 lb @ $ 1.55, 570 lb @ $ 1.38, all black hided. Heifers avrg. wt. 434 lbs @ $ 1.25, 490 lbs @ $ 1.18, 443 lbs @ $ 1.20.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $134.74/cwt on 122 head.
Average price
$134.74
122 head · 465 lb average
Value per head Derived
$627
Price × average weight ÷ 100
Grade differential Derived
$225
per head · Medium and Large 1-2 over Medium and Large 3
$18.41/cwt at this weight
vs the market
+1.97
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2515141.8373142
Medium and Large 1483136.1665825
Medium and Large 2423130.8555339
Medium and Large 3410123.4250616thin
One grade step is worth $18.41/cwt here — about $225 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
134.74
—
MS average13 barns · 1,292 hd
132.77
+1.97
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—High1,44973.601,0666thin
CowsBoner 80-85%Low1,26248.0560629
CowsLean 85-90%Low98038.8738114

Every lot

72 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 · Steers26 lots · lightest first
Steers—Medium and Large 3250131.00/cwt131.00–131.003281
Steers—Medium and Large 2271142.83/cwt138.00–149.003875
Steers—Medium and Large 3313128.00/cwt128.00–128.004012
Steers—Medium and Large 2321140.46/cwt139.00–143.004514
Steers—Medium and Large 1330147.64/cwt144.00–150.004876
Steers—Medium and Large 3370128.27/cwt125.00–136.004756
Steers—Medium and Large 2376136.80/cwt131.00–141.005149
Steers—Medium and Large 1380151.30/cwt150.00–155.005754
Steers—Medium and Large 1-2408155.00/cwt155.00–155.006327
Steers—Medium and Large 1408138.66/cwt133.00–145.005663
Steers—Medium and Large 2418131.22/cwt129.00–134.005484
Steers—Medium and Large 3440120.00/cwt120.00–120.005281
Steers—Medium and Large 1458140.95/cwt138.00–144.006462
Steers—Medium and Large 2462127.66/cwt123.00–130.005906
Steers—Medium and Large 1-2473142.00/cwt142.00–142.006724
Steers—Medium and Large 3474117.01/cwt115.00–120.005554
Steers—Medium and Large 1-2502141.77/cwt139.00–144.0071218
Steers—Medium and Large 2523121.59/cwt117.00–128.006366
Steers—Medium and Large 1525128.47/cwt127.00–130.006742
Steers—Medium and Large 3565115.00/cwt115.00–115.006502
Steers—Medium and Large 1-2570138.00/cwt138.00–138.007876
Steers—Medium and Large 2578115.11/cwt110.00–120.006655
Steers—Medium and Large 1630121.56/cwt119.00–124.007662
Steers—Medium and Large 1-2635132.00/cwt132.00–132.008387
Steers—Medium and Large 1668119.52/cwt118.00–121.007984
Steers—Medium and Large 1725118.50/cwt118.00–119.008592
Feeder Cattle · Heifers25 lots · lightest first
Heifers—Medium and Large 2230126.00/cwt126.00–126.002901
Heifers—Medium and Large 3230113.00/cwt113.00–113.002601
Heifers—Medium and Large 3281111.76/cwt108.00–115.003145
Heifers—Medium and Large 2322114.89/cwt110.00–120.003709
Heifers—Medium and Large 1370118.00/cwt118.00–118.004371
Heifers—Medium and Large 3370107.95/cwt107.00–109.003992
Heifers—Medium and Large 2374112.06/cwt106.00–117.0041913
Heifers—Medium and Large 1408115.64/cwt113.00–119.004723
Heifers—Medium and Large 3415101.02/cwt100.00–102.004192
Heifers—Medium and Large 2428108.97/cwt106.00–110.004666
Heifers—Medium and Large 1-2439122.20/cwt120.00–125.0053618
Heifers—Medium and Large 3475102.00/cwt102.00–102.004851
Heifers—Medium and Large 1476113.27/cwt112.00–115.005394
Heifers—Medium and Large 2477107.84/cwt103.00–113.0051411
Heifers—Medium and Large 1-2490118.00/cwt118.00–118.0057812
Heifers—Medium and Large 350595.00/cwt95.00–95.004801
Heifers—Medium and Large 1520113.03/cwt110.00–115.005883
Heifers—Medium and Large 2524106.01/cwt104.00–109.005555
Heifers—Medium and Large 355092.00/cwt92.00–92.005061
Heifers—Medium and Large 2578104.35/cwt100.00–108.006036
Heifers—Medium and Large 1-2590113.00/cwt113.00–113.006675
Heifers—Medium and Large 1608111.34/cwt110.00–112.006773
Heifers—Medium and Large 262098.02/cwt96.00–100.006082
Heifers—Medium and Large 266098.00/cwt98.00–98.006471
Heifers—Medium and Large 277099.00/cwt99.00–99.007621
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 3385130.00/cwt130.00–130.005011
Bulls—Medium and Large 3430121.03/cwt117.00–130.005203
Bulls—Medium and Large 3474121.96/cwt117.00–129.005789
Bulls—Medium and Large 3510113.00/cwt113.00–113.005761
Bulls—Medium and Large 3565107.00/cwt107.00–107.006051
Bulls—Medium and Large 3628103.67/cwt102.00–105.006513
Bulls—Medium and Large 3663103.48/cwt102.00–105.006862
Bulls—Medium and Large 370098.00/cwt98.00–98.006861
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,28969.76/cwt67.00–72.508994
Bulls——1,76881.28/cwt80.50–82.001,4372
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%Light Weight79531.50/cwt31.50–31.502501
Cows—Lean 85-90%87529.00/cwt29.00–29.002541
Cows—Lean 85-90%94435.69/cwt32.50–38.503374
Cows—Lean 85-90%1,03542.62/cwt39.00–45.504418
Cows—Boner 80-85%1,23747.98/cwt45.50–51.0059419
Cows—Boner 80-85%1,24943.65/cwt41.50–44.505455
Cows—Boner 80-85%1,36852.71/cwt52.00–54.007215
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,040900.00/cwt900.00–900.009,3602
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 21,110812.64/cwt800.00–830.009,0202
Bred Cows—Medium and Large 21,123844.90/cwt840.00–850.009,4882
Bred Cows—Medium and Large 21,292825.83/cwt600.00–910.0010,6705

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.