Sale reports / Mississippi / Meridian Livestock Auction / 2019-11-18

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 18
● Final83 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
503 head
▲ 205 vs last sale 298▲ 503 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
17 head
▼ 40 vs last sale 57▲ 17 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
20 head
▼ 55 vs last sale 75▲ 20 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

As compared to last weeks slaughter market, light run of cows and bulls i called them steady. Feeder calf market 3-400 lb steers 2-3 higher but mainly steady, heifers steady also. Sold groups of weaned steers mostly black hides. 569 lbs @ $ 1.3450, 535 lbs @ $ 1.40, 635 lbs @ $ 1.28, 765 lbs @ $ 1.2950, Heifers 727 lbs @ $ 1.13, 644 lbs @ $ 1.1625.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $135.08/cwt on 169 head.
Average price
$135.08
169 head · 488 lb average
Value per head Derived
$659
Price × average weight ÷ 100
Grade differential Derived
$64
per head · Medium and Large 1 over Medium and Large 3
$22.20/cwt at this weight
vs the market
−1.18
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1440140.6061970
Medium and Large 1-2619133.1782445
Medium and Large 2437130.6757149
Medium and Large 3469118.405555thin
One grade step is worth $22.20/cwt here — about $64 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 sale169 hd
135.08
—
MS average13 barns · 1,365 hd
136.27
−1.18
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—Average1,60370.981,1382thin
CowsBoner 80-85%High1,27548.366174thin
CowsLean 85-90%Average1,14440.184606thin

Every lot

83 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 · Steers34 lots · lightest first
Steers—Medium and Large 1163163.00/cwt163.00–163.002661
Steers—Medium and Large 2225136.00/cwt135.00–137.003062
Steers—Medium and Large 1243151.54/cwt148.00–155.003682
Steers—Medium and Large 2250140.00/cwt140.00–140.003502
Steers—Medium and Large 1291155.80/cwt150.00–161.004535
Steers—Medium and Large 1321153.98/cwt145.00–160.0049411
Steers—Medium and Large 2334139.37/cwt130.00–146.004658
Steers—Medium and Large 3335120.00/cwt120.00–120.004021
Steers—Medium and Large 1371151.31/cwt148.00–163.0056115
Steers—Medium and Large 2375141.44/cwt132.00–148.005306
Steers—Medium and Large 1408147.22/cwt132.00–157.006017
Steers—Medium and Large 2423131.79/cwt130.00–136.005575
Steers—Medium and Large 3445125.00/cwt125.00–125.005561
Steers—Medium and Large 3450121.00/cwt121.00–121.005451
Steers—Medium and Large 2461131.01/cwt127.00–136.0060413
Steers—Medium and Large 1464136.74/cwt130.00–143.006344
Steers—Medium and Large 1-2493141.00/cwt141.00–141.006956
Steers—Medium and Large 2522118.84/cwt117.00–120.006206
Steers—Medium and Large 1531125.56/cwt120.00–144.0066710
Steers—Medium and Large 1-2532138.66/cwt131.00–140.0073813
Steers—Medium and Large 3540112.00/cwt112.00–112.006051
Steers—Medium and Large 1-2569134.00/cwt134.00–134.007625
Steers—Medium and Large 3575114.00/cwt114.00–114.006561
Steers—Medium and Large 1577122.84/cwt120.00–126.007095
Steers—Medium and Large 2583117.67/cwt115.00–119.006866
Steers—Medium and Large 1624118.84/cwt118.00–120.007426
Steers—Medium and Large 1-2635128.00/cwt128.00–128.008133
Steers—Medium and Large 1670118.99/cwt118.00–120.007972
Steers—Medium and Large 1-2690127.00/cwt127.00–127.008766
Steers—Medium and Large 1-2731123.00/cwt123.00–123.008993
Steers—Medium and Large 1740120.00/cwt120.00–120.008881
Steers—Medium and Large 1-2764128.78/cwt128.00–129.009849
Steers—Medium and Large 2820106.00/cwt106.00–106.008691
Steers—Medium and Large 1895115.00/cwt115.00–115.001,0291
Feeder Cattle · Heifers34 lots · lightest first
Heifers—Medium and Large 3225114.02/cwt113.00–115.002572
Heifers—Medium and Large 3265116.00/cwt116.00–116.003071
Heifers—Medium and Large 2277124.16/cwt120.00–126.003443
Heifers—Medium and Large 1285130.52/cwt130.00–131.003722
Heifers—Medium and Large 1329130.00/cwt125.00–134.0042811
Heifers—Medium and Large 2330123.76/cwt120.00–127.004087
Heifers—Medium and Large 3333115.00/cwt115.00–115.003832
Heifers—Medium and Large 1369127.51/cwt125.00–133.004719
Heifers—Medium and Large 2369121.44/cwt118.00–124.004487
Heifers—Medium and Large 3388116.50/cwt116.00–117.004522
Heifers—Medium and Large 1418120.69/cwt117.00–125.005048
Heifers—Medium and Large 2426116.34/cwt110.00–123.004967
Heifers—Medium and Large 3435110.00/cwt110.00–110.004791
Heifers—Medium and Large 1-2475120.00/cwt120.00–120.005703
Heifers—Medium and Large 2481111.67/cwt107.00–116.0053711
Heifers—Medium and Large 3483105.24/cwt102.00–108.005087
Heifers—Medium and Large 1492118.25/cwt118.00–119.005824
Heifers—Medium and Large 1514113.00/cwt108.00–122.005815
Heifers—Medium and Large 2520106.24/cwt105.00–113.0055213
Heifers—Medium and Large 1557114.66/cwt113.00–117.006393
Heifers—Medium and Large 1-2560119.72/cwt119.00–120.0067011
Heifers—Medium and Large 2569105.92/cwt101.00–111.0060314
Heifers—Medium and Large 358092.00/cwt92.00–92.005341
Heifers—Medium and Large 362099.00/cwt99.00–99.006141
Heifers—Medium and Large 2628103.59/cwt100.00–105.006515
Heifers—Medium and Large 1-2644116.00/cwt116.00–116.0074710
Heifers—Medium and Large 2665103.45/cwt100.00–107.006882
Heifers—Medium and Large 1673109.01/cwt105.00–113.007342
Heifers—Medium and Large 1707102.99/cwt100.00–109.007283
Heifers—Medium and Large 2717102.33/cwt102.00–103.007343
Heifers—Medium and Large 1-2727113.00/cwt113.00–113.008224
Heifers—Medium and Large 2755102.00/cwt102.00–102.007701
Heifers—Medium and Large 1815104.00/cwt104.00–104.008481
Heifers—Medium and Large 2815102.00/cwt102.00–102.008311
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 3378137.45/cwt136.00–139.005202
Bulls—Medium and Large 2460125.00/cwt125.00–125.005751
Bulls—Medium and Large 3475121.74/cwt115.00–128.005787
Bulls—Medium and Large 3525110.34/cwt105.00–114.005796
Bulls—Medium and Large 3570112.03/cwt110.00–113.006393
Bulls—Medium and Large 3632112.24/cwt109.00–117.007095
Bulls—Medium and Large 3673106.99/cwt106.00–108.007202
Bulls—Medium and Large 3728102.95/cwt100.00–106.007492
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,60370.98/cwt70.00–72.001,1382
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%1,14440.18/cwt38.00–44.504606
Cows—Boner 80-85%1,20745.98/cwt45.00–46.505553
Cows—Boner 80-85%1,48055.50/cwt55.50–55.508211
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2929689.99/cwt630.00–820.006,4104
Bred Cows—Medium and Large 21,120860.00/cwt860.00–860.009,6321
Bred Cows—Medium and Large 21,430725.00/cwt725.00–725.0010,3681

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.