Sale reports / Mississippi / Meridian Livestock Auction / 2020-02-17

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-02-17
Creator: RaisedBeef
Published: 2020-02-17

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 17

● Final58 lots reportedUSDA AMS · slug 2112

← Feb 10Feb 17Feb 24 →

Feeder Cattle receipts

129 head

▲ 4 vs last sale 125▲ 129 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

45 head

▲ 11 vs last sale 34▲ 45 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

30 head

▼ 1 vs last sale 31▲ 30 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 3.00 to 7.00 higher straight across. Slaughter cows and bulls were steady. Sold a few groups of weaned calves: Heifers average wt 536 lbs @ 1.31, 406 lbs @ 1.55, Steers 405 lbs @ 1.85.

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 $138.17/cwt on 52 head.

Average price

$138.17

52 head · 430 lb average

Value per head Derived

$594

Price × average weight ÷ 100

Grade differential Derived

$103

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

$18.50/cwt at this weight

vs the market

+5.52

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	376	146.00	549	16thin
Medium and Large 1-2	486	140.19	681	16thin
Medium and Large 2	448	131.00	587	16thin
Medium and Large 3	350	127.50	446	4thin

One grade step is worth $18.50/cwt here — about $103 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 sale52 hd

138.17

—

MS average12 barns · 1,004 hd

132.66

+5.52

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	—	Average	1,655	85.83	1,421	3thin
Cows	Boner 80-85%	Average	1,214	63.05	765	14
Cows	Lean 85-90%	Average	1,022	50.67	518	22

Every lot

58 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	210	191.00/cwt	191.00–191.00	401	1
Steers	—	Medium and Large 2	268	176.95/cwt	174.00–179.00	474	3
Steers	—	Medium and Large 1	285	180.49/cwt	180.00–181.00	514	2
Steers	—	Medium and Large 1	325	177.00/cwt	177.00–177.00	575	1
Steers	—	Medium and Large 2	328	174.50/cwt	174.00–175.00	572	2
Steers	—	Medium and Large 3	360	163.04/cwt	160.00–166.00	587	2
Steers	—	Medium and Large 2	370	171.09/cwt	164.00–179.00	633	2
Steers	—	Medium and Large 2	405	148.00/cwt	148.00–148.00	599	1
Steers	—	Medium and Large 1-2	416	178.25/cwt	174.00–185.00	742	5
Steers	—	Medium and Large 1	437	160.66/cwt	156.00–166.00	702	3
Steers	—	Medium and Large 1	455	155.00/cwt	155.00–155.00	705	1
Steers	—	Medium and Large 2	465	145.00/cwt	145.00–145.00	674	1
Steers	—	Medium and Large 2	505	147.00/cwt	147.00–147.00	742	1
Steers	—	Medium and Large 1	520	149.00/cwt	149.00–149.00	775	1
Steers	—	Medium and Large 1-2	521	160.00/cwt	160.00–160.00	834	3
Steers	—	Medium and Large 2	625	120.00/cwt	120.00–120.00	750	1
Steers	—	Medium and Large 1-2	715	126.00/cwt	126.00–126.00	901	3
Steers	—	Medium and Large 2	850	120.00/cwt	120.00–120.00	1,020	1
Feeder Cattle · Heifers17 lots · lightest first
Heifers	—	Medium and Large 3	250	132.50/cwt	130.00–135.00	331	2
Heifers	—	Medium and Large 2	293	145.65/cwt	140.00–149.00	427	3
Heifers	—	Medium and Large 2	315	146.00/cwt	146.00–146.00	460	1
Heifers	—	Medium and Large 1	319	150.01/cwt	145.00–157.00	479	6
Heifers	—	Medium and Large 1	372	146.90/cwt	144.00–149.00	546	3
Heifers	—	Medium and Large 2	382	141.04/cwt	138.00–144.00	539	3
Heifers	—	Medium and Large 1-2	406	155.00/cwt	155.00–155.00	629	5
Heifers	—	Medium and Large 1	416	141.87/cwt	130.00–146.00	590	6
Heifers	—	Medium and Large 3	420	121.00/cwt	121.00–121.00	508	1
Heifers	—	Medium and Large 2	430	138.00/cwt	138.00–138.00	593	1
Heifers	—	Medium and Large 2	468	131.00/cwt	131.00–131.00	613	2
Heifers	—	Medium and Large 3	480	124.00/cwt	124.00–124.00	595	1
Heifers	—	Medium and Large 1-2	486	140.00/cwt	140.00–140.00	680	3
Heifers	—	Medium and Large 1	495	144.00/cwt	144.00–144.00	713	1
Heifers	—	Medium and Large 2	527	122.92/cwt	121.00–127.00	648	3
Heifers	—	Medium and Large 1-2	536	131.00/cwt	131.00–131.00	702	8
Heifers	—	Medium and Large 2	628	107.03/cwt	105.00–110.00	672	3
Feeder Cattle · Bulls8 lots · lightest first
Bulls	—	Medium and Large 2	395	150.00/cwt	150.00–150.00	593	1
Bulls	—	Medium and Large 1	455	152.00/cwt	152.00–152.00	692	1
Bulls	—	Medium and Large 2	478	142.46/cwt	135.00–150.00	681	2
Bulls	—	Medium and Large 3	508	118.51/cwt	117.00–120.00	602	2
Bulls	—	Medium and Large 2	513	131.00/cwt	130.00–132.00	672	2
Bulls	—	Medium and Large 2	580	131.35/cwt	124.00–136.00	762	3
Bulls	—	Medium and Large 1	625	117.00/cwt	117.00–117.00	731	1
Bulls	—	Medium and Large 3	690	107.00/cwt	107.00–107.00	738	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,275	88.00/cwt	88.00–88.00	1,122	1
Bulls	—	—	1,835	76.00/cwt	76.00–76.00	1,395	1
Bulls	—	—	1,855	93.50/cwt	93.50–93.50	1,734	1
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	923	38.94/cwt	34.50–44.00	359	5
Cows	—	Lean 85-90%	985	47.11/cwt	45.00–49.50	464	5
Cows	—	Boner 80-85%	1,015	59.50/cwt	59.50–59.50	604	1
Cows	—	Lean 85-90%	1,079	57.04/cwt	53.00–59.50	615	12
Cows	—	Boner 80-85%	1,229	63.32/cwt	60.00–68.00	778	13
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows	—	Medium and Large 2	925	670.00/cwt	670.00–670.00	6,198	1
Bred Cows	—	Medium and Large 2	935	1,050.00/cwt	1,050.00–1,050.00	9,818	1
Bred Cows	—	Medium and Large 2	1,045	937.89/cwt	830.00–1,050.00	9,801	3
Bred Cows	—	Medium and Large 2	1,070	860.00/cwt	860.00–860.00	9,202	1
Bred Cows	—	Medium and Large 2	1,142	802.27/cwt	710.00–890.00	9,162	3
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	985	1,000.00/cwt	1,000.00–1,000.00	9,850	2
Cow-Calf Pairs	—	Medium and Large 2	1,395	1,000.00/cwt	1,000.00–1,000.00	13,950	2

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 Feb 17, 2020

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

Feeder CattleReceipts 129Last week 125Year ago 0

Slaughter CattleReceipts 45Last week 34Year ago 0

Replacement CattleReceipts 30Last week 31Year ago 0

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
8	—	536	131.00	131.00
5	—	406	155.00	155.00
3	—	486	140.00	140.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	468	131.00	131.00
3	—	293	140.00–149.00	145.65
3	—	628	105.00–110.00	107.03
3	—	527	121.00–127.00	122.92
3	—	382	138.00–144.00	141.04
1	—	430	138.00	138.00
1	—	315	146.00	146.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	416	130.00–146.00	141.87
6	—	319	145.00–157.00	150.01
3	—	372	144.00–149.00	146.90
1	—	495	144.00	144.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	250	130.00–135.00	132.50
1	—	480	124.00	124.00
1	—	420	121.00	121.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
5	—	416	174.00–185.00	178.25
3	—	715	126.00	126.00
3	—	521	160.00	160.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	—	437	156.00–166.00	160.66
1	—	520	149.00	149.00
1	—	455	155.00	155.00
1	—	325	177.00	177.00
1	—	210	191.00	191.00
2	—	285	180.00–181.00	180.49

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	370	164.00–179.00	171.09
2	—	328	174.00–175.00	174.50
1	—	405	148.00	148.00
1	—	465	145.00	145.00
3	—	268	174.00–179.00	176.95
1	—	850	120.00	120.00
1	—	625	120.00	120.00
1	—	505	147.00	147.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
2	—	360	160.00–166.00	163.04

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	580	124.00–136.00	131.35
2	—	513	130.00–132.00	131.00
2	—	478	135.00–150.00	142.46
1	—	395	150.00	150.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	625	117.00	117.00
1	—	455	152.00	152.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	508	117.00–120.00	118.51
1	—	690	107.00	107.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	935	1,050.00	1,050.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	3	—	1,045	830.00–1,050.00	937.89
Young (2-4 yrs)	1st Stage (1-3 mo)	3	—	1,142	710.00–890.00	802.27
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	925	670.00	670.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,070	860.00	860.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	985	1,000.00	1,000.00
Middle Aged (5-8 yrs)	Open	2	—	1,395	1,000.00	1,000.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
13	—	1,229	60.00–68.00	63.32
1	—	1,015	59.50	59.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
12	—	1,079	53.00–59.50	57.04
5	—	985	45.00–49.50	47.11
5	—	923	34.50–44.00	38.94

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,855	93.50	93.50
1	—	1,835	76.00	76.00
1	—	1,275	88.00	88.00

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.