Sale reports / Mississippi / Meridian Livestock Auction / 2020-03-23

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-03-23
Creator: RaisedBeef
Published: 2020-03-23

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 23

● Final24 lots reportedUSDA AMS · slug 2112

← Mar 16Mar 23Mar 30 →

Feeder Cattle receipts

66 head

▼ 9 vs last sale 75▲ 66 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

42 head

▲ 4 vs last sale 38▲ 42 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

12 head

▼ 22 vs last sale 34▲ 12 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 3.00-5.00 higher. Slaughter cows and bulls were 3.00-10.00 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 $114.54/cwt on 32 head.

Average price

$114.54

32 head · 502 lb average

Value per head Derived

$575

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

−3.93

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	502	114.54	575	32

Only one grade was reported at this weight, so there is no spread to compute.

How it compared 0–100 lb

Same class and week · spot auction only

This sale32 hd

114.54

—

MS average10 barns · 316 hd

118.47

−3.93

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	1,471	90.50	1,331	5thin
Cows	Boner 80-85%	High	1,173	67.10	787	18
Cows	Lean 85-90%	Low	959	50.78	487	7thin

Every lot

24 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 · Steers3 lots · lightest first
Steers	—	Medium and Large 1	330	160.00/cwt	160.00–160.00	528	1
Steers	—	Medium and Large 1	360	160.00/cwt	160.00–160.00	576	1
Steers	—	Medium and Large 1	445	145.00/cwt	145.00–145.00	645	1
Feeder Cattle · Heifers8 lots · lightest first
Heifers	—	Medium and Large 2	290	134.00/cwt	134.00–134.00	389	1
Heifers	—	Medium and Large 2	325	120.00/cwt	120.00–120.00	390	1
Heifers	—	Medium and Large 2	387	121.57/cwt	116.00–127.00	470	3
Heifers	—	Medium and Large 2	420	112.00/cwt	112.00–112.00	470	1
Heifers	—	Medium and Large 2	493	118.86/cwt	109.00–120.00	586	11
Heifers	—	Medium and Large 2	515	112.96/cwt	110.00–116.00	582	4
Heifers	—	Medium and Large 2	577	108.03/cwt	101.00–110.00	623	10
Heifers	—	Medium and Large 2	605	95.00/cwt	95.00–95.00	575	1
Feeder Cattle · Bulls4 lots · lightest first
Bulls	—	Medium and Large 2	283	152.05/cwt	150.00–154.00	430	2
Bulls	—	Medium and Large 1	375	144.26/cwt	140.00–149.00	541	2
Bulls	—	Medium and Large 2	375	125.00/cwt	125.00–125.00	469	1
Bulls	—	Medium and Large 1	410	144.00/cwt	144.00–144.00	590	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,285	89.50/cwt	89.50–89.50	1,150	1
Bulls	—	—	1,420	87.66/cwt	87.50–88.00	1,245	3
Bulls	—	—	1,810	100.00/cwt	100.00–100.00	1,810	1
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	950	46.04/cwt	45.00–48.00	437	3
Cows	—	Lean 85-90%	966	54.34/cwt	51.00–59.00	525	4
Cows	—	Boner 80-85%	1,106	64.58/cwt	60.00–69.50	714	11
Cows	—	Boner 80-85%	1,277	71.06/cwt	70.00–74.00	907	7
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 2	1,075	900.00/cwt	900.00–900.00	9,675	1
Bred Cows	—	Medium and Large 2	1,085	750.00/cwt	750.00–750.00	8,138	1

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 23, 2020

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

Feeder CattleReceipts 66Last week 75Year ago 0

Slaughter CattleReceipts 42Last week 38Year ago 0

Replacement CattleReceipts 12Last week 34Year ago 0

Compared to last week: Feeder calves were 3.00-5.00 higher. Slaughter cows and bulls were 3.00-10.00 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	410	144.00	144.00
2	—	375	140.00–149.00	144.26

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	375	125.00	125.00
2	—	283	150.00–154.00	152.05

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
11	—	493	109.00–120.00	118.86
1	—	325	120.00	120.00
1	—	420	112.00	112.00
1	—	605	95.00	95.00
3	—	387	116.00–127.00	121.57
4	—	515	110.00–116.00	112.96
10	—	577	101.00–110.00	108.03
1	—	290	134.00	134.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	330	160.00	160.00
1	—	360	160.00	160.00
1	—	445	145.00	145.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,285	89.50	89.50
1	—	1,810	100.00	100.00
3	—	1,420	87.50–88.00	87.66

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
7	—	1,277	70.00–74.00	71.06
11	—	1,106	60.00–69.50	64.58

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	950	45.00–48.00	46.04
4	—	966	51.00–59.00	54.34

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	—	1,085	750.00	750.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,075	900.00	900.00

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.