Sale reports / Mississippi / Meridian Livestock Auction / 2020-01-06

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-01-06
Creator: RaisedBeef
Published: 2020-01-06

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 6

● Final56 lots reportedUSDA AMS · slug 2112

← Dec 16Jan 6Jan 13 →

Feeder Cattle receipts

266 head

▲ 85 vs last sale 181▲ 266 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

40 head

▼ 17 vs last sale 57▲ 40 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

26 head

▼ 114 vs last sale 140▲ 26 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

Happy new year. Due to no sales the past two weeks, no trends. Had a few groups of weaned calves 5 steers black hide average, wt. 447 lbs @ $ 1.6450 per lb, 447 lb heifers @ $ 1. 40 per lb, and 593 lb heifers @ $ 1.25 per lb.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $128.07/cwt on 84 head.

Average price

$128.07

84 head · 483 lb average

Value per head Derived

$619

Price × average weight ÷ 100

Grade differential Derived

$82

per head · Medium and Large 1-2 over Medium and Large 3

$15.88/cwt at this weight

vs the market

−0.07

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1-2	502	134.38	674	8thin
Medium and Large 2	411	129.63	532	28
Medium and Large 1	523	126.43	661	46
Medium and Large 3	500	118.50	593	2thin

One grade step is worth $15.88/cwt here — about $82 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 sale84 hd

128.07

—

MS average7 barns · 535 hd

128.14

−0.07

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,359	72.57	986	11
Cows	Boner 80-85%	Average	1,251	51.28	642	16
Cows	Breaker 75-80%	Average	1,240	45.00	558	1thin
Cows	Lean 85-90%	Average	1,033	40.58	419	20

Every lot

56 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers18 lots · lightest first
Steers	—	Medium and Large 1	195	174.00/cwt	174.00–174.00	339	1
Steers	—	Medium and Large 1	278	166.68/cwt	162.00–172.00	463	2
Steers	—	Medium and Large 1	322	164.72/cwt	160.00–167.00	530	3
Steers	—	Medium and Large 1-2	332	181.00/cwt	181.00–181.00	601	2
Steers	—	Medium and Large 1	353	162.06/cwt	158.00–168.00	572	3
Steers	—	Medium and Large 2	375	162.00/cwt	162.00–162.00	608	1
Steers	—	Medium and Large 3	375	142.41/cwt	139.00–146.00	534	2
Steers	—	Medium and Large 1	432	159.26/cwt	150.00–164.00	688	12
Steers	—	Medium and Large 2	435	146.95/cwt	145.00–149.00	639	2
Steers	—	Medium and Large 2	465	145.53/cwt	141.00–149.00	677	4
Steers	—	Medium and Large 1	483	154.03/cwt	150.00–160.00	744	7
Steers	—	Medium and Large 1	527	141.62/cwt	140.00–143.00	746	5
Steers	—	Medium and Large 1	570	137.82/cwt	135.00–140.00	786	6
Steers	—	Medium and Large 2	585	128.00/cwt	128.00–128.00	749	1
Steers	—	Medium and Large 1	626	128.17/cwt	121.00–135.00	802	5
Steers	—	Medium and Large 1	665	130.50/cwt	130.00–131.00	868	2
Steers	—	Medium and Large 2	765	113.00/cwt	113.00–113.00	864	1
Steers	—	Medium and Large 1	773	125.00/cwt	125.00–125.00	966	2
Feeder Cattle · Heifers24 lots · lightest first
Heifers	—	Medium and Large 2	245	140.00/cwt	140.00–140.00	343	1
Heifers	—	Medium and Large 2	278	142.39/cwt	140.00–145.00	396	2
Heifers	—	Medium and Large 1	330	140.00/cwt	140.00–140.00	462	2
Heifers	—	Medium and Large 2	333	136.46/cwt	131.00–139.00	454	7
Heifers	—	Medium and Large 2	384	131.12/cwt	128.00–137.00	504	7
Heifers	—	Medium and Large 3	385	125.00/cwt	125.00–125.00	481	1
Heifers	—	Medium and Large 1	395	136.00/cwt	136.00–136.00	537	1
Heifers	—	Medium and Large 1	425	130.97/cwt	124.00–138.00	557	10
Heifers	—	Medium and Large 2	430	126.53/cwt	124.00–129.00	544	2
Heifers	—	Medium and Large 1-2	447	140.00/cwt	140.00–140.00	626	5
Heifers	—	Medium and Large 1	472	130.07/cwt	125.00–138.00	614	10
Heifers	—	Medium and Large 2	476	124.33/cwt	120.00–131.00	592	5
Heifers	—	Medium and Large 1	520	126.08/cwt	121.00–130.00	656	7
Heifers	—	Medium and Large 2	520	120.00/cwt	120.00–120.00	624	1
Heifers	—	Medium and Large 1	577	118.00/cwt	118.00–118.00	681	3
Heifers	—	Medium and Large 2	590	115.00/cwt	115.00–115.00	679	1
Heifers	—	Medium and Large 1-2	593	125.00/cwt	125.00–125.00	741	3
Heifers	—	Medium and Large 3	615	112.00/cwt	112.00–112.00	689	1
Heifers	—	Medium and Large 1	630	120.22/cwt	117.00–123.00	757	9
Heifers	—	Medium and Large 2	645	109.00/cwt	109.00–109.00	703	1
Heifers	—	Medium and Large 1	685	121.00/cwt	121.00–121.00	829	1
Heifers	—	Medium and Large 2	685	113.00/cwt	113.00–113.00	774	1
Heifers	—	Medium and Large 1	728	117.02/cwt	115.00–119.00	852	2
Heifers	—	Medium and Large 1	850	116.00/cwt	116.00–116.00	986	1
Feeder Cattle · Bulls7 lots · lightest first
Bulls	—	Medium and Large 2	523	137.49/cwt	137.00–138.00	719	2
Bulls	—	Medium and Large 1	530	136.00/cwt	136.00–136.00	721	1
Bulls	—	Medium and Large 1	560	131.97/cwt	129.00–135.00	739	2
Bulls	—	Medium and Large 1	625	123.94/cwt	120.00–128.00	775	2
Bulls	—	Medium and Large 2	633	114.98/cwt	114.00–116.00	728	2
Bulls	—	Medium and Large 2	700	115.00/cwt	115.00–115.00	805	1
Bulls	—	Medium and Large 3	718	107.98/cwt	106.00–110.00	775	2
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,053	64.45/cwt	63.00–65.00	679	4
Bulls	—	—	1,534	77.21/cwt	74.00–80.50	1,184	7
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	961	37.10/cwt	32.50–43.50	357	10
Cows	—	Lean 85-90%	1,105	44.06/cwt	41.00–46.50	487	10
Cows	—	Breaker 75-80%	1,240	45.00/cwt	45.00–45.00	558	1
Cows	—	Boner 80-85%	1,251	51.28/cwt	48.50–53.00	642	16
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 3	1,355	791.96/cwt	740.00–860.00	10,731	3

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Jan 6, 2020

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 266Last week 181Year ago 0

Slaughter CattleReceipts 40Last week 57Year ago 0

Replacement CattleReceipts 26Last week 140Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	—	728	115.00–119.00	117.02
2	—	330	140.00	140.00
10	—	472	125.00–138.00	130.07
1	—	395	136.00	136.00
1	—	685	121.00	121.00
1	—	850	116.00	116.00
3	—	577	118.00	118.00
7	—	520	121.00–130.00	126.08
9	—	630	117.00–123.00	120.22
10	—	425	124.00–138.00	130.97

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	615	112.00	112.00
1	—	385	125.00	125.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
3	—	593	125.00	125.00
5	—	447	140.00	140.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	645	109.00	109.00
1	—	685	113.00	113.00
1	—	245	140.00	140.00
1	—	520	120.00	120.00
1	—	590	115.00	115.00
2	—	278	140.00–145.00	142.39
2	—	430	124.00–129.00	126.53
5	—	476	120.00–131.00	124.33
7	—	333	131.00–139.00	136.46
7	—	384	128.00–137.00	131.12

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	375	162.00	162.00
4	—	465	141.00–149.00	145.53
2	—	435	145.00–149.00	146.95
1	—	765	113.00	113.00
1	—	585	128.00	128.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
2	—	332	181.00	181.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
6	—	570	135.00–140.00	137.82
5	—	626	121.00–135.00	128.17
2	—	665	130.00–131.00	130.50
2	—	278	162.00–172.00	166.68
12	—	432	150.00–164.00	159.26
7	—	483	150.00–160.00	154.03
3	—	322	160.00–167.00	164.72
2	—	773	125.00	125.00
5	—	527	140.00–143.00	141.62
3	—	353	158.00–168.00	162.06
1	—	195	174.00	174.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
2	—	375	139.00–146.00	142.41

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	700	115.00	115.00
2	—	633	114.00–116.00	114.98
2	—	523	137.00–138.00	137.49

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	625	120.00–128.00	123.94
2	—	560	129.00–135.00	131.97
1	—	530	136.00	136.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	718	106.00–110.00	107.98

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 3$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,355	740.00–860.00	791.96

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
10	—	1,105	41.00–46.50	44.06
10	—	961	32.50–43.50	37.10

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
16	—	1,251	48.50–53.00	51.28

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,240	45.00	45.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
4	—	1,053	63.00–65.00	64.45
7	—	1,534	74.00–80.50	77.21

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.