Sale reports / Mississippi / Meridian Livestock Auction / 2020-04-13

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-04-13
Creator: RaisedBeef
Published: 2020-04-13

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 13

● Final29 lots reportedUSDA AMS · slug 2112

← Apr 6Apr 13Apr 20 →

Feeder Cattle receipts

70 head

▼ 439 vs last sale 509▲ 70 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

33 head

▲ 4 vs last sale 29▲ 33 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

44 head

▲ 13 vs last sale 31▲ 44 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 steady. Slaughter bulls were 2.00-4.00 higher.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $105.50/cwt on 44 head.

Average price

$105.50

44 head · 764 lb average

Value per head Derived

$806

Price × average weight ÷ 100

Grade differential Derived

−$314

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

$54.29/cwt at this weight

vs the market

−22.50

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	331	154.04	510	4thin
Medium and Large 2	578	112.50	650	2thin
Medium and Large 3	595	110.00	655	1thin
Medium and Large 1-2	826	99.76	824	37

One grade step is worth $54.29/cwt here — about −$314 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 sale44 hd

105.50

—

MS average8 barns · 401 hd

128.01

−22.50

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	—	Low	1,410	80.16	1,130	8thin
Cows	Boner 80-85%	Low	1,162	53.68	624	10
Cows	Lean 85-90%	Low	1,027	40.68	418	9thin

Every lot

29 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 · Steers7 lots · lightest first
Steers	—	Medium and Large 1	308	156.39/cwt	153.00–159.00	482	3
Steers	—	Medium and Large 1	400	147.00/cwt	147.00–147.00	588	1
Steers	—	Medium and Large 2	420	129.00/cwt	129.00–129.00	542	1
Steers	—	Medium and Large 3	595	110.00/cwt	110.00–110.00	655	1
Steers	—	Medium and Large 2	735	96.00/cwt	96.00–96.00	706	1
Steers	—	Medium and Large 1-2	766	103.00/cwt	103.00–103.00	789	13
Steers	—	Medium and Large 1-2	858	98.00/cwt	98.00–98.00	841	24
Feeder Cattle · Heifers7 lots · lightest first
Heifers	—	Medium and Large 3	275	110.00/cwt	110.00–110.00	303	1
Heifers	—	Medium and Large 3	300	102.00/cwt	102.00–102.00	306	1
Heifers	—	Medium and Large 2	355	122.54/cwt	120.00–125.00	435	2
Heifers	—	Medium and Large 3	475	107.00/cwt	107.00–107.00	508	1
Heifers	—	Medium and Large 2	535	108.00/cwt	108.00–108.00	578	1
Heifers	—	Medium and Large 3	545	90.00/cwt	90.00–90.00	491	1
Heifers	—	Medium and Large 1	605	99.00/cwt	99.00–99.00	599	1
Feeder Cattle · Bulls4 lots · lightest first
Bulls	—	Medium and Large 1	335	150.00/cwt	150.00–150.00	503	1
Bulls	—	Medium and Large 2	385	125.97/cwt	124.00–128.00	485	2
Bulls	—	Medium and Large 2	423	121.47/cwt	120.00–123.00	514	2
Bulls	—	Medium and Large 2	515	111.96/cwt	110.00–114.00	577	2
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,080	72.00/cwt	72.00–72.00	778	1
Bulls	—	—	1,455	84.76/cwt	83.50–86.00	1,233	2
Bulls	—	—	1,458	79.96/cwt	78.00–82.00	1,166	5
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	996	36.81/cwt	30.00–39.50	367	4
Cows	—	Lean 85-90%	1,051	43.77/cwt	40.00–49.00	460	5
Cows	—	Boner 80-85%	1,161	54.47/cwt	53.50–56.00	632	7
Cows	—	Boner 80-85%	1,165	51.85/cwt	51.00–52.50	604	3
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,075	1,125.35/cwt	980.00–1,230.00	12,098	4
Cow-Calf Pairs	—	Medium and Large 2	1,181	1,084.45/cwt	910.00–1,150.00	12,807	10
Cow-Calf Pairs	—	Medium and Large 2	1,370	1,244.82/cwt	1,130.00–1,350.00	17,054	4
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 2	970	780.82/cwt	740.00–820.00	7,574	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 Apr 13, 2020

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

Feeder CattleReceipts 70Last week 509Year ago 0

Slaughter CattleReceipts 33Last week 29Year ago 0

Replacement CattleReceipts 44Last week 31Year ago 0

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

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	335	150.00	150.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	385	124.00–128.00	125.97
2	—	423	120.00–123.00	121.47
2	—	515	110.00–114.00	111.96

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	595	110.00	110.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	—	308	153.00–159.00	156.39
1	—	400	147.00	147.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
13	—	766	103.00	103.00
24	—	858	98.00	98.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	420	129.00	129.00
1	—	735	96.00	96.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	535	108.00	108.00
2	—	355	120.00–125.00	122.54

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	545	90.00	90.00
1	—	275	110.00	110.00
1	—	300	102.00	102.00
1	—	475	107.00	107.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	605	99.00	99.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,080	72.00	72.00
2	—	1,455	83.50–86.00	84.76
5	—	1,458	78.00–82.00	79.96

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,165	51.00–52.50	51.85
7	—	1,161	53.50–56.00	54.47

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	996	30.00–39.50	36.81
5	—	1,051	40.00–49.00	43.77

Replacement Cattle

As reported

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	—	1,370	1,130.00–1,350.00	1,244.82
Middle Aged (5-8 yrs)	Open	4	—	1,075	980.00–1,230.00	1,125.35
Middle Aged (5-8 yrs)	Open	10	—	1,181	910.00–1,150.00	1,084.45

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)	2	—	970	740.00–820.00	780.82

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.