Sale reports / Mississippi / Meridian Livestock Auction / 2019-12-09

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Dec 9
● Final74 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
316 head
▼ 140 vs last sale 456▲ 316 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
63 head
▲ 31 vs last sale 32▲ 63 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
220 head
▲ 188 vs last sale 32▲ 220 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

As compared to last weeks market, slaughter cows steady. Feeder calf quality not the quality we had last week, therefore call it a steady market. Sold groups of weaned steers avrg. wt. 531 lbs @ $ 1.32 per lb, 448 lbs @ $ 1.43 per lb. Heifers 618 lbs @ $ 1.24 per lb.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $113.48/cwt on 111 head.
Average price
$113.48
111 head · 497 lb average
Value per head Derived
$565
Price × average weight ÷ 100
Grade differential Derived
$127
per head · Medium and Large 1-2 over Medium and Large 3
$16.20/cwt at this weight
vs the market
+0.99
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2495119.3259162
Medium and Large 1518114.335933thin
Medium and Large 2525106.8556130
Medium and Large 3450103.1246416thin
One grade step is worth $16.20/cwt here — about $127 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 sale111 hd
113.48
—
MS average13 barns · 1,449 hd
112.49
+0.99
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—Average1,62476.091,2369thin
CowsBoner 80-85%Average99548.234802thin
CowsLean 85-90%Very Low1,10238.4742413

Every lot

74 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 2235142.00/cwt142.00–142.003341
Steers—Medium and Large 3285140.00/cwt140.00–140.003991
Steers—Medium and Large 2317150.56/cwt147.00–153.004773
Steers—Medium and Large 1320158.49/cwt158.00–159.005072
Steers—Medium and Large 3320140.01/cwt139.00–141.004484
Steers—Medium and Large 3368140.00/cwt140.00–140.005153
Steers—Medium and Large 2377154.58/cwt152.00–155.0058310
Steers—Medium and Large 3Gaunt380135.00/cwt135.00–135.005131
Steers—Medium and Large 2418134.55/cwt130.00–138.005624
Steers—Medium and Large 1420140.33/cwt140.00–141.005893
Steers—Medium and Large 1-2448143.00/cwt143.00–143.006418
Steers—Medium and Large 2468130.00/cwt130.00–130.006083
Steers—Medium and Large 3483128.49/cwt128.00–129.006212
Steers—Medium and Large 1485134.00/cwt134.00–134.006501
Steers—Medium and Large 1508131.99/cwt130.00–134.006712
Steers—Medium and Large 2511123.00/cwt120.00–126.006297
Steers—Medium and Large 1-2531132.00/cwt132.00–132.0070118
Steers—Medium and Large 2572119.99/cwt115.00–124.006866
Steers—Medium and Large 1621122.16/cwt121.00–123.007597
Steers—Medium and Large 1-2624124.00/cwt124.00–124.0077410
Steers—Medium and Large 2625115.00/cwt115.00–115.007191
Steers—Medium and Large 1680119.00/cwt119.00–119.008091
Steers—Medium and Large 2730117.00/cwt117.00–117.008541
Steers—Medium and Large 2750110.00/cwt110.00–110.008251
Steers—Medium and Large 1890110.00/cwt110.00–110.009791
Steers—Medium and Large 1945110.00/cwt110.00–110.001,0401
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 2270120.00/cwt120.00–120.003242
Heifers—Medium and Large 3368106.95/cwt100.00–114.003942
Heifers—Medium and Large 1-2370122.00/cwt122.00–122.004518
Heifers—Medium and Large 2375115.52/cwt112.00–120.004333
Heifers—Medium and Large 3412102.40/cwt100.00–105.004225
Heifers—Medium and Large 2429108.14/cwt103.00–114.004644
Heifers—Medium and Large 1-2443118.00/cwt118.00–118.0052315
Heifers—Medium and Large 1450119.00/cwt119.00–119.005362
Heifers—Medium and Large 2455108.00/cwt108.00–108.004911
Heifers—Medium and Large 3464106.34/cwt103.00–108.004936
Heifers—Medium and Large 1-2493122.00/cwt122.00–122.006018
Heifers—Medium and Large 2523104.03/cwt100.00–108.005446
Heifers—Medium and Large 353395.50/cwt95.00–96.005092
Heifers—Medium and Large 1-2535117.00/cwt117.00–117.0062624
Heifers—Medium and Large 356095.00/cwt95.00–95.005321
Heifers—Medium and Large 2575108.20/cwt104.00–109.006226
Heifers—Medium and Large 1-2618124.00/cwt124.00–124.007667
Heifers—Medium and Large 2627102.39/cwt99.00–105.006425
Heifers—Medium and Large 1655105.00/cwt105.00–105.006881
Heifers—Medium and Large 2670100.00/cwt100.00–100.006701
Heifers—Medium and Large 274099.00/cwt99.00–99.007331
Heifers—Medium and Large 277594.00/cwt94.00–94.007291
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 3395120.00/cwt120.00–120.004741
Bulls—Medium and Large 2430123.97/cwt121.00–127.005332
Bulls—Medium and Large 2472124.64/cwt122.00–127.005883
Bulls—Medium and Large 3490117.22/cwt115.00–120.005745
Bulls—Medium and Large 2500120.00/cwt120.00–120.006001
Bulls—Medium and Large 3526117.78/cwt116.00–119.006205
Bulls—Medium and Large 3630112.00/cwt112.00–112.007061
Bulls—Medium and Large 3718101.15/cwt87.00–116.007262
Bulls—Medium and Large 384585.00/cwt85.00–85.007181
Bulls—Medium and Large 386585.00/cwt85.00–85.007351
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,55073.51/cwt72.50–74.501,1392
Bulls——1,64576.83/cwt72.00–80.001,2647
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%94027.68/cwt25.50–29.002603
Cows—Boner 80-85%99548.23/cwt48.00–48.504802
Cows—Lean 85-90%1,12538.00/cwt36.00–39.504283
Cows—Lean 85-90%1,16143.29/cwt40.00–46.505037
Replacement Cattle · Bred Cows7 lots · lightest first
Bred Cows—Medium and Large 28101,180.00/cwt1,180.00–1,180.009,5583
Bred Cows—Medium and Large 28721,055.29/cwt920.00–1,260.009,2023
Bred Cows—Medium and Large 28801,050.00/cwt1,050.00–1,050.009,2401
Bred Cows—Medium and Large 28871,145.80/cwt975.00–1,210.0010,16314
Bred Cows—Medium and Large 3970740.00/cwt740.00–740.007,1781
Bred Cows—Medium and Large 21,094848.34/cwt710.00–1,000.009,2818
Bred Cows—Medium and Large 21,095750.00/cwt750.00–750.008,2131
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 28151,050.00/cwt1,050.00–1,050.008,5582
Cow-Calf Pairs—Medium and Large 21,2091,130.17/cwt920.00–1,325.0013,66414
Cow-Calf Pairs—Medium and Large 21,3671,043.84/cwt960.00–1,175.0014,2696

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.