Sale reports / Mississippi / Meridian Livestock Auction / 2020-03-30

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-03-30
Creator: RaisedBeef
Published: 2020-03-30

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Mar 30

● Final49 lots reportedUSDA AMS · slug 2112

← Mar 23Mar 30Apr 6 →

Feeder Cattle receipts

119 head

▲ 53 vs last sale 66▲ 119 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

57 head

▲ 15 vs last sale 42▲ 57 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

25 head

▲ 13 vs last sale 12▲ 25 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows 10.00 lower. Slaughter bulls 5.00 lower.

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 $120.73/cwt on 48 head.

Average price

$120.73

48 head · 445 lb average

Value per head Derived

$537

Price × average weight ÷ 100

Grade differential Derived

−$3

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

$20.33/cwt at this weight

vs the market

−2.67

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	442	124.92	553	28
Medium and Large 2	421	118.27	497	15thin
Medium and Large 3	531	104.59	556	5thin

One grade step is worth $20.33/cwt here — about −$3 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 sale48 hd

120.73

—

MS average12 barns · 638 hd

123.40

−2.67

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	1,534	91.86	1,409	14
Cows	Boner 80-85%	High	1,269	58.70	745	15
Cows	Lean 85-90%	Low	1,035	50.28	520	22
Cows	Breaker 75-80%	Average	1,585	48.50	769	1thin

Every lot

49 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 · Steers14 lots · lightest first
Steers	—	Medium and Large 1	275	165.00/cwt	165.00–165.00	454	1
Steers	—	Medium and Large 2	285	155.50/cwt	155.00–156.00	443	2
Steers	—	Medium and Large 1	320	165.21/cwt	160.00–169.00	529	3
Steers	—	Medium and Large 1	387	159.99/cwt	157.00–165.00	619	3
Steers	—	Medium and Large 1-2	400	165.00/cwt	165.00–165.00	660	4
Steers	—	Medium and Large 3	405	130.00/cwt	130.00–130.00	527	1
Steers	—	Medium and Large 1	416	154.17/cwt	150.00–159.00	641	8
Steers	—	Medium and Large 2	430	142.32/cwt	141.00–143.00	612	3
Steers	—	Medium and Large 2	471	135.52/cwt	128.00–141.00	638	4
Steers	—	Medium and Large 1	512	129.31/cwt	128.00–131.00	662	3
Steers	—	Medium and Large 2	527	122.70/cwt	120.00–125.00	647	3
Steers	—	Medium and Large 2	560	122.00/cwt	122.00–122.00	683	1
Steers	—	Medium and Large 1	575	129.19/cwt	129.00–130.00	743	5
Steers	—	Medium and Large 1	623	123.47/cwt	122.00–125.00	769	2
Feeder Cattle · Heifers17 lots · lightest first
Heifers	—	Medium and Large 1	245	138.00/cwt	138.00–138.00	338	1
Heifers	—	Medium and Large 2	268	126.00/cwt	126.00–126.00	338	2
Heifers	—	Medium and Large 1	270	134.50/cwt	131.00–138.00	363	2
Heifers	—	Medium and Large 1	322	132.19/cwt	130.00–133.00	426	5
Heifers	—	Medium and Large 2	328	123.68/cwt	121.00–127.00	406	3
Heifers	—	Medium and Large 2	370	126.00/cwt	126.00–126.00	466	1
Heifers	—	Medium and Large 1	428	124.94/cwt	124.00–128.00	535	6
Heifers	—	Medium and Large 3	440	105.00/cwt	105.00–105.00	462	1
Heifers	—	Medium and Large 2	443	117.34/cwt	115.00–119.00	520	3
Heifers	—	Medium and Large 1	465	120.00/cwt	120.00–120.00	558	1
Heifers	—	Medium and Large 3	470	106.00/cwt	106.00–106.00	498	1
Heifers	—	Medium and Large 2	483	114.50/cwt	114.00–115.00	553	2
Heifers	—	Medium and Large 2	513	112.33/cwt	111.00–114.00	576	3
Heifers	—	Medium and Large 1	527	121.60/cwt	118.00–124.00	641	12
Heifers	—	Medium and Large 3	582	103.99/cwt	102.00–107.00	605	3
Heifers	—	Medium and Large 2	585	107.00/cwt	107.00–107.00	626	1
Heifers	—	Medium and Large 1	635	101.00/cwt	101.00–101.00	641	1
Feeder Cattle · Bulls6 lots · lightest first
Bulls	—	Medium and Large 3	440	110.00/cwt	110.00–110.00	484	1
Bulls	—	Medium and Large 3	480	115.00/cwt	115.00–115.00	552	1
Bulls	—	Medium and Large 2	485	122.45/cwt	120.00–125.00	594	2
Bulls	—	Medium and Large 2	577	118.01/cwt	115.00–120.00	681	3
Bulls	—	Medium and Large 2	603	104.48/cwt	100.00–109.00	630	2
Bulls	—	Medium and Large 1	680	114.00/cwt	114.00–114.00	775	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,235	88.83/cwt	88.50–89.00	1,097	3
Bulls	—	—	1,615	92.68/cwt	90.00–95.00	1,497	11
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	953	46.13/cwt	40.00–49.50	440	9
Cows	—	Lean 85-90%	1,091	53.15/cwt	49.50–55.00	580	13
Cows	—	Boner 80-85%	1,263	57.75/cwt	55.50–60.00	729	12
Cows	—	Boner 80-85%	1,293	62.50/cwt	61.50–63.50	808	3
Cows	—	Breaker 75-80%	1,585	48.50/cwt	48.50–48.50	769	1
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows	—	Medium and Large 3	720	690.00/cwt	690.00–690.00	4,968	1
Bred Cows	—	Medium and Large 2	820	820.00/cwt	820.00–820.00	6,724	1
Bred Cows	—	Medium and Large 2	870	750.00/cwt	750.00–750.00	6,525	1
Bred Cows	—	Medium and Large 3	935	680.00/cwt	680.00–680.00	6,358	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,205	870.00/cwt	870.00–870.00	10,484	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 Mar 30, 2020

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

Feeder CattleReceipts 119Last week 66Year ago 0

Slaughter CattleReceipts 57Last week 42Year ago 0

Replacement CattleReceipts 25Last week 12Year ago 0

Compared to last week: Feeder calves were steady. Slaughter cows 10.00 lower. Slaughter bulls 5.00 lower.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	680	114.00	114.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	485	120.00–125.00	122.45
2	—	603	100.00–109.00	104.48
3	—	577	115.00–120.00	118.01

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	440	110.00	110.00
1	—	480	115.00	115.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
4	—	400	165.00	165.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	623	122.00–125.00	123.47
1	—	275	165.00	165.00
3	—	320	160.00–169.00	165.21
3	—	387	157.00–165.00	159.99
3	—	512	128.00–131.00	129.31
5	—	575	129.00–130.00	129.19
8	—	416	150.00–159.00	154.17

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	560	122.00	122.00
2	—	285	155.00–156.00	155.50
3	—	430	141.00–143.00	142.32
3	—	527	120.00–125.00	122.70
4	—	471	128.00–141.00	135.52

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	405	130.00	130.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
12	—	527	118.00–124.00	121.60
1	—	465	120.00	120.00
1	—	635	101.00	101.00
2	—	270	131.00–138.00	134.50
5	—	322	130.00–133.00	132.19
6	—	428	124.00–128.00	124.94
1	—	245	138.00	138.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
3	—	443	115.00–119.00	117.34
1	—	370	126.00	126.00
1	—	585	107.00	107.00
2	—	268	126.00	126.00
2	—	483	114.00–115.00	114.50
3	—	328	121.00–127.00	123.68
3	—	513	111.00–114.00	112.33

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
3	—	582	102.00–107.00	103.99
1	—	440	105.00	105.00
1	—	470	106.00	106.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,235	88.50–89.00	88.83
11	—	1,615	90.00–95.00	92.68

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
9	—	953	40.00–49.50	46.13
13	—	1,091	49.50–55.00	53.15

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,293	61.50–63.50	62.50
12	—	1,263	55.50–60.00	57.75

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,585	48.50	48.50

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 3$ per cwt · actual wt
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	720	690.00	690.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	935	680.00	680.00

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 Stage (1-3 mo)	1	—	870	750.00	750.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	820	820.00	820.00

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)	Open	2	—	1,205	870.00	870.00

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.