Sale reports / Mississippi / Meridian Livestock Auction / 2020-02-24

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-02-24
Creator: RaisedBeef
Published: 2020-02-24

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Feb 24

● Final52 lots reportedUSDA AMS · slug 2112

← Feb 17Feb 24Mar 2 →

Feeder Cattle receipts

162 head

▲ 33 vs last sale 129▲ 162 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

27 head

▼ 18 vs last sale 45▲ 27 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

14 head

▼ 16 vs last sale 30▲ 14 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

Compared to last week: Feeder calves steady. Slaughter cows and bulls 2.00-4.00 higher.

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 $133.21/cwt on 85 head.

Average price

$133.21

85 head · 459 lb average

Value per head Derived

$612

Price × average weight ÷ 100

Grade differential Derived

$158

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

$20.67/cwt at this weight

vs the market

+1.92

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	459	142.00	652	12thin
Medium and Large 1	462	135.85	628	35
Medium and Large 2	461	128.57	593	35
Medium and Large 3	407	121.33	493	3thin

One grade step is worth $20.67/cwt here — about $158 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 sale85 hd

133.21

—

MS average13 barns · 1,023 hd

131.29

+1.92

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	1,782	94.52	1,684	3thin
Cows	Boner 80-85%	Average	1,281	65.21	835	11
Cows	Lean 85-90%	Very Low	987	49.60	490	11

Every lot

52 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 · Steers16 lots · lightest first
Steers	—	Medium and Large 2	278	164.87/cwt	160.00–169.00	458	5
Steers	—	Medium and Large 2	307	167.52/cwt	166.00–169.00	514	6
Steers	—	Medium and Large 1-2	334	175.00/cwt	175.00–175.00	585	4
Steers	—	Medium and Large 1	337	177.00/cwt	177.00–177.00	596	2
Steers	—	Medium and Large 3	363	152.03/cwt	150.00–153.00	552	3
Steers	—	Medium and Large 2	376	170.64/cwt	165.00–176.00	642	8
Steers	—	Medium and Large 1	420	154.00/cwt	154.00–154.00	647	1
Steers	—	Medium and Large 1-2	437	176.00/cwt	176.00–176.00	769	2
Steers	—	Medium and Large 1	458	166.05/cwt	163.00–169.00	761	2
Steers	—	Medium and Large 2	473	149.01/cwt	145.00–152.00	705	3
Steers	—	Medium and Large 1	506	153.53/cwt	150.00–164.00	777	4
Steers	—	Medium and Large 2	520	145.08/cwt	143.00–147.00	754	2
Steers	—	Medium and Large 1	565	154.96/cwt	147.00–160.00	876	3
Steers	—	Medium and Large 2	575	143.00/cwt	143.00–143.00	822	1
Steers	—	Medium and Large 1	600	144.00/cwt	144.00–144.00	864	1
Steers	—	Medium and Large 1	785	122.00/cwt	122.00–122.00	958	1
Feeder Cattle · Heifers21 lots · lightest first
Heifers	—	Medium and Large 2	195	150.00/cwt	150.00–150.00	293	1
Heifers	—	Medium and Large 3	195	125.00/cwt	125.00–125.00	244	1
Heifers	—	Medium and Large 2	255	135.00/cwt	135.00–135.00	344	1
Heifers	—	Medium and Large 2	321	142.05/cwt	139.00–143.00	456	4
Heifers	—	Medium and Large 1	326	145.59/cwt	145.00–146.00	475	5
Heifers	—	Medium and Large 2	375	135.33/cwt	134.00–137.00	507	3
Heifers	—	Medium and Large 1	383	148.68/cwt	148.00–149.00	569	6
Heifers	—	Medium and Large 2	419	128.41/cwt	128.00–129.00	538	5
Heifers	—	Medium and Large 1	424	135.73/cwt	130.00–140.00	575	12
Heifers	—	Medium and Large 1	455	130.00/cwt	130.00–130.00	592	1
Heifers	—	Medium and Large 1-2	459	142.00/cwt	142.00–142.00	652	12
Heifers	—	Medium and Large 3	460	121.00/cwt	121.00–121.00	557	1
Heifers	—	Medium and Large 2	480	128.61/cwt	125.00–136.00	617	8
Heifers	—	Medium and Large 2	527	122.96/cwt	115.00–128.00	648	7
Heifers	—	Medium and Large 1	545	129.00/cwt	129.00–129.00	703	3
Heifers	—	Medium and Large 3	565	118.00/cwt	118.00–118.00	667	1
Heifers	—	Medium and Large 2	578	122.24/cwt	120.00–125.00	707	4
Heifers	—	Medium and Large 1	595	122.00/cwt	122.00–122.00	726	1
Heifers	—	Medium and Large 1	635	124.33/cwt	124.00–125.00	789	6
Heifers	—	Medium and Large 1	665	121.00/cwt	121.00–121.00	805	1
Heifers	—	Medium and Large 2	673	110.00/cwt	110.00–110.00	740	2
Feeder Cattle · Bulls5 lots · lightest first
Bulls	—	Medium and Large 1	475	141.00/cwt	141.00–141.00	670	1
Bulls	—	Medium and Large 1	505	140.00/cwt	140.00–140.00	707	2
Bulls	—	Medium and Large 2	533	127.50/cwt	127.00–128.00	680	2
Bulls	—	Medium and Large 2	555	127.00/cwt	127.00–127.00	705	1
Bulls	—	Medium and Large 1	605	131.00/cwt	131.00–131.00	793	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,345	90.50/cwt	90.50–90.50	1,217	1
Bulls	—	—	2,000	96.53/cwt	96.00–97.00	1,931	2
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	843	38.88/cwt	38.00–40.00	328	3
Cows	—	Lean 85-90%	972	50.00/cwt	46.50–54.50	486	5
Cows	—	Lean 85-90%	1,157	59.64/cwt	59.50–60.00	690	3
Cows	—	Boner 80-85%	1,261	64.73/cwt	62.50–67.00	816	10
Cows	—	Boner 80-85%	1,480	70.00/cwt	70.00–70.00	1,036	1
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 2	870	640.00/cwt	640.00–640.00	5,568	1
Bred Cows	—	Medium and Large 2	925	750.00/cwt	750.00–750.00	6,938	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,170	1,090.00/cwt	1,090.00–1,090.00	12,753	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 24, 2020

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

Feeder CattleReceipts 162Last week 129Year ago 0

Slaughter CattleReceipts 27Last week 45Year ago 0

Replacement CattleReceipts 14Last week 30Year ago 0

Compared to last week: Feeder calves steady. Slaughter cows and bulls 2.00-4.00 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
3	—	363	150.00–153.00	152.03

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	458	163.00–169.00	166.05
2	—	337	177.00	177.00
1	—	600	144.00	144.00
1	—	420	154.00	154.00
4	—	506	150.00–164.00	153.53
3	—	565	147.00–160.00	154.96
1	—	785	122.00	122.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
8	—	376	165.00–176.00	170.64
6	—	307	166.00–169.00	167.52
5	—	278	160.00–169.00	164.87
3	—	473	145.00–152.00	149.01
1	—	575	143.00	143.00
2	—	520	143.00–147.00	145.08

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
4	—	334	175.00	175.00
2	—	437	176.00	176.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	673	110.00	110.00
1	—	255	135.00	135.00
1	—	195	150.00	150.00
5	—	419	128.00–129.00	128.41
7	—	527	115.00–128.00	122.96
8	—	480	125.00–136.00	128.61
3	—	375	134.00–137.00	135.33
4	—	321	139.00–143.00	142.05
4	—	578	120.00–125.00	122.24

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	635	124.00–125.00	124.33
12	—	424	130.00–140.00	135.73
1	—	455	130.00	130.00
1	—	595	122.00	122.00
1	—	665	121.00	121.00
3	—	545	129.00	129.00
5	—	326	145.00–146.00	145.59
6	—	383	148.00–149.00	148.68

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
12	—	459	142.00	142.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	195	125.00	125.00
1	—	460	121.00	121.00
1	—	565	118.00	118.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	533	127.00–128.00	127.50
1	—	555	127.00	127.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	505	140.00	140.00
1	—	605	131.00	131.00
1	—	475	141.00	141.00

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
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	870	640.00	640.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	925	750.00	750.00

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	—	1,170	1,090.00	1,090.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,345	90.50	90.50
2	—	2,000	96.00–97.00	96.53

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
10	—	1,261	62.50–67.00	64.73
1	—	1,480	70.00	70.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	843	38.00–40.00	38.88
3	—	1,157	59.50–60.00	59.64
5	—	972	46.50–54.50	50.00

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.