Sale reports / Mississippi / Meridian Livestock Auction / 2020-03-16

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-03-16
Creator: RaisedBeef
Published: 2020-03-16

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 16

● Final44 lots reportedUSDA AMS · slug 2112

← Mar 9Mar 16Mar 23 →

Feeder Cattle receipts

75 head

▼ 103 vs last sale 178▲ 75 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

38 head

▲ 6 vs last sale 32▲ 38 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

34 head

▲ 19 vs last sale 15▲ 34 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 15.00-20.00 lower. Slaughter cows and bulls were steady. Had some nice pairs and bred cows from a small sell out.

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 $101.75/cwt on 25 head.

Average price

$101.75

25 head · 382 lb average

Value per head Derived

$388

Price × average weight ÷ 100

Grade differential Derived

$14

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

$12.27/cwt at this weight

vs the market

−14.02

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	366	107.64	394	13thin
Medium and Large 3	399	95.37	380	12thin

One grade step is worth $12.27/cwt here — about $14 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 sale25 hd

101.75

—

MS average12 barns · 456 hd

115.77

−14.02

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	1,553	80.42	1,249	10
Cows	Premium White 65-75%	Average	1,165	63.50	740	1thin
Cows	Boner 80-85%	Average	1,265	62.51	791	15
Cows	Breaker 75-80%	Average	1,598	58.80	940	3thin
Cows	Lean 85-90%	Average	1,046	53.55	560	7thin

Every lot

44 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 · Steers10 lots · lightest first
Steers	—	Medium and Large 3	230	114.00/cwt	114.00–114.00	262	1
Steers	—	Medium and Large 2	270	125.04/cwt	123.00–127.00	338	3
Steers	—	Medium and Large 1	310	136.00/cwt	136.00–136.00	422	1
Steers	—	Medium and Large 2	314	123.72/cwt	121.00–126.00	388	4
Steers	—	Medium and Large 1	365	139.05/cwt	136.00–141.00	508	3
Steers	—	Medium and Large 2	390	121.00/cwt	121.00–121.00	472	1
Steers	—	Medium and Large 2	433	124.06/cwt	121.00–128.00	537	4
Steers	—	Medium and Large 2	475	121.00/cwt	121.00–121.00	575	1
Steers	—	Medium and Large 2	565	105.54/cwt	103.00–108.00	596	2
Steers	—	Medium and Large 3	725	85.00/cwt	85.00–85.00	616	1
Feeder Cattle · Heifers12 lots · lightest first
Heifers	—	Medium and Large 2	258	106.97/cwt	105.00–110.00	276	3
Heifers	—	Medium and Large 3	270	96.39/cwt	95.00–98.00	260	2
Heifers	—	Medium and Large 3	315	98.38/cwt	96.00–101.00	310	2
Heifers	—	Medium and Large 2	334	110.90/cwt	105.00–116.00	370	4
Heifers	—	Medium and Large 3	350	90.00/cwt	90.00–90.00	315	1
Heifers	—	Medium and Large 2	368	111.48/cwt	108.00–115.00	410	2
Heifers	—	Medium and Large 3	418	95.96/cwt	94.00–98.00	401	2
Heifers	—	Medium and Large 2	423	108.92/cwt	107.00–111.00	461	2
Heifers	—	Medium and Large 2	450	102.00/cwt	102.00–102.00	459	1
Heifers	—	Medium and Large 3	481	95.23/cwt	93.00–98.00	458	4
Heifers	—	Medium and Large 3	505	92.00/cwt	92.00–92.00	465	1
Heifers	—	Medium and Large 2	615	92.00/cwt	92.00–92.00	566	1
Feeder Cattle · Bulls8 lots · lightest first
Bulls	—	Medium and Large 2	360	117.00/cwt	117.00–117.00	421	1
Bulls	—	Medium and Large 3	435	98.00/cwt	98.00–98.00	426	1
Bulls	—	Medium and Large 3	500	90.00/cwt	90.00–90.00	450	1
Bulls	—	Medium and Large 2	530	105.97/cwt	105.00–107.00	562	2
Bulls	—	Medium and Large 2	573	103.58/cwt	100.00–107.00	594	3
Bulls	—	Medium and Large 3	620	85.00/cwt	85.00–85.00	527	1
Bulls	—	Medium and Large 3	690	86.00/cwt	86.00–86.00	593	1
Bulls	—	Medium and Large 3	725	82.00/cwt	82.00–82.00	595	1
Slaughter Cattle · Bulls4 lots · lightest first
Bulls	—	—	1,289	71.90/cwt	69.00–74.00	927	4
Bulls	—	—	1,675	75.50/cwt	75.50–75.50	1,265	1
Bulls	—	—	1,730	92.18/cwt	91.00–93.50	1,595	2
Bulls	—	—	1,747	85.58/cwt	82.00–87.00	1,495	3
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	1,046	53.55/cwt	50.00–58.50	560	7
Cows	—	Premium White 65-75%	1,165	63.50/cwt	63.50–63.50	740	1
Cows	—	Boner 80-85%	1,265	62.51/cwt	58.50–67.00	791	15
Cows	—	Breaker 75-80%	1,598	58.80/cwt	57.00–60.50	940	3
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 2	840	660.00/cwt	660.00–660.00	5,544	1
Bred Cows	—	Medium and Large 2	1,110	800.00/cwt	800.00–800.00	8,880	1
Bred Cows	—	Medium and Large 2	1,240	797.49/cwt	710.00–840.00	9,889	3
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,153	1,057.03/cwt	1,000.00–1,110.00	12,188	4
Cow-Calf Pairs	—	Medium and Large 2	1,227	1,055.31/cwt	990.00–1,140.00	12,949	18
Cow-Calf Pairs	—	Medium and Large 2	1,418	1,185.43/cwt	1,150.00–1,220.00	16,809	4

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 Mar 16, 2020

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

Feeder CattleReceipts 75Last week 178Year ago 0

Slaughter CattleReceipts 38Last week 32Year ago 0

Replacement CattleReceipts 34Last week 15Year ago 0

Compared to last week: Feeder calves were 15.00-20.00 lower. Slaughter cows and bulls were steady. Had some nice pairs and bred cows from a small sell out.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	360	117.00	117.00
2	—	530	105.00–107.00	105.97
3	—	573	100.00–107.00	103.58

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	435	98.00	98.00
1	—	500	90.00	90.00
1	—	620	85.00	85.00
1	—	690	86.00	86.00
1	—	725	82.00	82.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	565	103.00–108.00	105.54
3	—	270	123.00–127.00	125.04
1	—	390	121.00	121.00
1	—	475	121.00	121.00
4	—	314	121.00–126.00	123.72
4	—	433	121.00–128.00	124.06

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	230	114.00	114.00
1	—	725	85.00	85.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	310	136.00	136.00
3	—	365	136.00–141.00	139.05

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	270	95.00–98.00	96.39
2	—	315	96.00–101.00	98.38
2	—	418	94.00–98.00	95.96
4	—	481	93.00–98.00	95.23
1	—	350	90.00	90.00
1	—	505	92.00	92.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	368	108.00–115.00	111.48
2	—	423	107.00–111.00	108.92
3	—	258	105.00–110.00	106.97
4	—	334	105.00–116.00	110.90
1	—	450	102.00	102.00
1	—	615	92.00	92.00

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)	2nd Stage (4-6 mo)	1	—	1,110	800.00	800.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	840	660.00	660.00
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	3	—	1,240	710.00–840.00	797.49

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	4	—	1,418	1,150.00–1,220.00	1,185.43
Middle Aged (5-8 yrs)	Open	4	—	1,153	1,000.00–1,110.00	1,057.03
Middle Aged (5-8 yrs)	Open	18	—	1,227	990.00–1,140.00	1,055.31

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	1,046	50.00–58.50	53.55

Head	Wt range	Avg wt	Price range	Avg price
Cows — Premium White 65-75%$ per cwt · actual wt
1	—	1,165	63.50	63.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,265	58.50–67.00	62.51

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,598	57.00–60.50	58.80

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,675	75.50	75.50
2	—	1,730	91.00–93.50	92.18
3	—	1,747	82.00–87.00	85.58
4	—	1,289	69.00–74.00	71.90

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.