Sale reports / Mississippi / Meridian Livestock Auction / 2020-01-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jan 27
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
250 head
▼ 12 vs last sale 262▲ 250 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
16 head
▼ 2 vs last sale 18▲ 16 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
14 head
▼ 53 vs last sale 67▲ 14 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Good day, As compared to last weeks market feeder calves 3 to 5 lower. Slaughter cows and bulls were higher 3 to 7. Sold groups of weaned calves, steers 835 lbs @ $ 1.23, 545 lbs @ $ 1.5950, 433 lbs @ $ 1.70, 344 lbs @ $ 1.8225 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 $155.85/cwt on 140 head.
Average price
$155.85
140 head · 489 lb average
Value per head Derived
$762
Price × average weight ÷ 100
Grade differential Derived
$234
per head · Medium and Large 1-2 over Medium and Large 3
$12.80/cwt at this weight
vs the market
+3.58
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2508159.4380986
Medium and Large 1483150.9772922
Medium and Large 2461150.5569324
Medium and Large 3393146.645768thin
One grade step is worth $12.80/cwt here — about $234 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 sale140 hd
155.85
—
MS average13 barns · 1,367 hd
152.26
+3.58
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—Average1,66287.891,4603thin
CowsBoner 80-85%Average1,20961.0573810
CowsLean 85-90%Average1,04552.505491thin
CowsBreaker 75-80%Average1,57052.508241thin

Every lot

67 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 · Steers33 lots · lightest first
Steers—Medium and Large 2230159.00/cwt159.00–159.003661
Steers—Medium and Large 1245177.00/cwt177.00–177.004341
Steers—Medium and Large 3250162.00/cwt162.00–162.004051
Steers—Medium and Large 1288171.50/cwt171.00–172.004942
Steers—Medium and Large 1320175.00/cwt175.00–175.005601
Steers—Medium and Large 2320166.71/cwt163.00–171.005334
Steers—Medium and Large 3325150.00/cwt150.00–150.004881
Steers—Medium and Large 1-2344185.00/cwt185.00–185.0063621
Steers—Medium and Large 1355175.00/cwt175.00–175.006211
Steers—Medium and Large 3377153.36/cwt150.00–160.005783
Steers—Medium and Large 2379165.87/cwt163.00–168.006296
Steers—Medium and Large 1419165.22/cwt159.00–171.006926
Steers—Medium and Large 2430155.98/cwt154.00–158.006713
Steers—Medium and Large 1-2433170.00/cwt170.00–170.0073625
Steers—Medium and Large 3440130.00/cwt130.00–130.005721
Steers—Medium and Large 1450155.00/cwt155.00–155.006981
Steers—Medium and Large 3450146.00/cwt146.00–146.006571
Steers—Medium and Large 1-2480151.00/cwt151.00–151.007254
Steers—Medium and Large 2485140.00/cwt140.00–140.006791
Steers—Medium and Large 1-2515159.00/cwt159.00–159.008199
Steers—Medium and Large 1520142.31/cwt140.00–146.007403
Steers—Medium and Large 2531136.72/cwt130.00–138.007266
Steers—Medium and Large 3545125.00/cwt125.00–125.006811
Steers—Medium and Large 1560135.50/cwt135.00–136.007592
Steers—Medium and Large 2575133.38/cwt130.00–137.007672
Steers—Medium and Large 1618125.00/cwt125.00–125.007732
Steers—Medium and Large 1-2627140.00/cwt140.00–140.0087812
Steers—Medium and Large 1658126.07/cwt120.00–132.008302
Steers—Medium and Large 1-2660126.00/cwt126.00–126.008322
Steers—Medium and Large 1-2705125.00/cwt125.00–125.008815
Steers—Medium and Large 1-2835123.00/cwt123.00–123.001,0278
Steers—Medium and Large 1930105.00/cwt105.00–105.009771
Steers—Medium and Large 21,16097.00/cwt97.00–97.001,1251
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 2200133.00/cwt133.00–133.002661
Heifers—Medium and Large 2283131.77/cwt127.00–135.003734
Heifers—Medium and Large 2321134.95/cwt132.00–137.004334
Heifers—Medium and Large 3325118.00/cwt118.00–118.003841
Heifers—Medium and Large 2373132.17/cwt125.00–136.004937
Heifers—Medium and Large 3373122.57/cwt121.00–124.004572
Heifers—Medium and Large 2421130.16/cwt126.00–135.005486
Heifers—Medium and Large 3430118.52/cwt118.00–119.005102
Heifers—Medium and Large 2460127.48/cwt125.00–130.005864
Heifers—Medium and Large 3478117.96/cwt115.00–120.005643
Heifers—Medium and Large 2588114.00/cwt113.00–115.006702
Heifers—Medium and Large 1615120.49/cwt120.00–121.007412
Heifers—Medium and Large 2685100.00/cwt100.00–100.006851
Heifers—Medium and Large 1-2687117.00/cwt117.00–117.008044
Heifers—Medium and Large 1-2717115.00/cwt115.00–115.008253
Heifers—Medium and Large 1765110.00/cwt110.00–110.008421
Heifers—Medium and Large 1-2826113.00/cwt113.00–113.009332
Heifers—Medium and Large 1895105.00/cwt105.00–105.009401
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1387174.00/cwt174.00–174.006736
Bulls—Medium and Large 2475136.14/cwt128.00–145.006472
Bulls—Medium and Large 1505146.00/cwt146.00–146.007371
Bulls—Medium and Large 2524132.62/cwt130.00–136.006955
Bulls—Medium and Large 2567128.96/cwt125.00–134.007313
Bulls—Medium and Large 3690110.00/cwt110.00–110.007591
Bulls—Medium and Large 2945102.00/cwt102.00–102.009641
Bulls—Medium and Large 21,03092.00/cwt92.00–92.009481
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,52585.08/cwt83.50–86.501,2972
Bulls——1,93593.50/cwt93.50–93.501,8091
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%1,04552.50/cwt52.50–52.505491
Cows—Boner 80-85%1,20758.62/cwt55.00–61.507086
Cows—Boner 80-85%1,21164.70/cwt63.00–68.007844
Cows—Breaker 75-80%1,57052.50/cwt52.50–52.508241
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 2978655.93/cwt640.00–675.006,4152
Bred Cows—Medium and Large 21,050860.00/cwt860.00–860.009,0301

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.