Sale reports / Mississippi / Meridian Livestock Auction / 2020-04-20

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-04-20
Creator: RaisedBeef
Published: 2020-04-20

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 20

● Final36 lots reportedUSDA AMS · slug 2112

← Apr 13Apr 20Apr 27 →

Feeder Cattle receipts

196 head

▲ 126 vs last sale 70▲ 196 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

41 head

▲ 8 vs last sale 33▲ 41 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

7 head

▼ 37 vs last sale 44▲ 7 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 5.00-7.00 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 $104.23/cwt on 99 head.

Average price

$104.23

99 head · 668 lb average

Value per head Derived

$696

Price × average weight ÷ 100

Grade differential Derived

−$196

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

$26.70/cwt at this weight

vs the market

−10.24

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	420	127.70	536	3thin
Medium and Large 2	523	112.34	588	20
Medium and Large 3	390	107.50	419	2thin
Medium and Large 1-2	725	101.00	732	74

One grade step is worth $26.70/cwt here — about −$196 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 sale99 hd

104.23

—

MS average12 barns · 749 hd

114.47

−10.24

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	1,774	88.25	1,566	7thin
Cows	Boner 80-85%	High	1,287	62.34	802	20
Cows	Lean 85-90%	Low	1,012	50.77	514	9thin

Every lot

36 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 2	205	155.00/cwt	155.00–155.00	318	1
Steers	—	Medium and Large 1	424	151.82/cwt	150.00–154.00	644	6
Steers	—	Medium and Large 2	475	136.95/cwt	135.00–139.00	651	3
Steers	—	Medium and Large 2	513	128.00/cwt	128.00–128.00	657	2
Steers	—	Medium and Large 1	522	132.39/cwt	130.00–140.00	691	5
Steers	—	Medium and Large 1	557	131.67/cwt	130.00–134.00	733	3
Steers	—	Medium and Large 2	623	113.52/cwt	108.00–119.00	707	2
Steers	—	Medium and Large 2	660	122.00/cwt	122.00–122.00	805	1
Steers	—	Medium and Large 2	775	97.00/cwt	97.00–97.00	752	1
Steers	—	Medium and Large 1-2	780	109.00/cwt	109.00–109.00	850	52
Feeder Cattle · Heifers10 lots · lightest first
Heifers	—	Medium and Large 3	325	105.00/cwt	105.00–105.00	341	1
Heifers	—	Medium and Large 2	380	128.04/cwt	126.00–130.00	487	3
Heifers	—	Medium and Large 1	420	127.70/cwt	125.00–133.00	536	3
Heifers	—	Medium and Large 3	455	110.00/cwt	110.00–110.00	501	1
Heifers	—	Medium and Large 2	470	115.17/cwt	113.00–118.00	541	5
Heifers	—	Medium and Large 2	528	112.49/cwt	108.00–114.00	594	8
Heifers	—	Medium and Large 2	623	102.00/cwt	102.00–102.00	635	2
Heifers	—	Medium and Large 1-2	725	101.00/cwt	101.00–101.00	732	74
Heifers	—	Medium and Large 2	725	93.00/cwt	93.00–93.00	674	1
Heifers	—	Medium and Large 2	775	90.00/cwt	90.00–90.00	698	1
Feeder Cattle · Bulls7 lots · lightest first
Bulls	—	Medium and Large 2	375	127.50/cwt	125.00–130.00	478	2
Bulls	—	Medium and Large 1	405	130.00/cwt	130.00–130.00	527	2
Bulls	—	Medium and Large 2	420	128.48/cwt	128.00–129.00	540	2
Bulls	—	Medium and Large 1	478	129.99/cwt	128.00–132.00	621	2
Bulls	—	Medium and Large 1	525	124.64/cwt	120.00–129.00	654	3
Bulls	—	Medium and Large 1	563	121.99/cwt	120.00–126.00	687	3
Bulls	—	Medium and Large 2	710	97.00/cwt	97.00–97.00	689	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,590	89.94/cwt	88.50–91.50	1,430	2
Bulls	—	—	1,685	70.84/cwt	68.00–74.50	1,194	2
Bulls	—	—	1,957	98.73/cwt	97.50–100.00	1,932	3
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	960	44.60/cwt	42.00–49.50	428	4
Cows	—	Lean 85-90%	1,054	55.70/cwt	53.00–57.50	587	5
Cows	—	Boner 80-85%	1,261	61.57/cwt	58.00–66.00	776	18
Cows	—	Boner 80-85%	1,520	69.31/cwt	68.00–70.50	1,054	2
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 2	1,040	925.00/cwt	925.00–925.00	9,620	1
Bred Cows	—	Medium and Large 2	1,065	720.00/cwt	720.00–720.00	7,668	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 Apr 20, 2020

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

Feeder CattleReceipts 196Last week 70Year ago 0

Slaughter CattleReceipts 41Last week 33Year ago 0

Replacement CattleReceipts 7Last week 44Year ago 0

Compared to last week: Feeder calves were 3.00-5.00 higher. Slaughter cows and bulls were 5.00-7.00 higher.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	405	130.00	130.00
2	—	478	128.00–132.00	129.99
3	—	525	120.00–129.00	124.64
3	—	563	120.00–126.00	121.99

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	710	97.00	97.00
2	—	375	125.00–130.00	127.50
2	—	420	128.00–129.00	128.48

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	—	557	130.00–134.00	131.67
5	—	522	130.00–140.00	132.39
6	—	424	150.00–154.00	151.82

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	205	155.00	155.00
1	—	660	122.00	122.00
1	—	775	97.00	97.00
2	—	513	128.00	128.00
2	—	623	108.00–119.00	113.52
3	—	475	135.00–139.00	136.95

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
52	—	780	109.00	109.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	420	125.00–133.00	127.70

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1-2$ per cwt · actual wt
74	—	725	101.00	101.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	725	93.00	93.00
3	—	380	126.00–130.00	128.04
5	—	470	113.00–118.00	115.17
8	—	528	108.00–114.00	112.49
1	—	775	90.00	90.00
2	—	623	102.00	102.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	325	105.00	105.00
1	—	455	110.00	110.00

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	—	1,040	925.00	925.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,065	720.00	720.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	960	42.00–49.50	44.60
5	—	1,054	53.00–57.50	55.70

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,520	68.00–70.50	69.31
18	—	1,261	58.00–66.00	61.57

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,685	68.00–74.50	70.84
2	—	1,590	88.50–91.50	89.94
3	—	1,957	97.50–100.00	98.73

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.