Sale reports / Mississippi / Meridian Livestock Auction / 2020-05-04

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 4
● Final69 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
302 head
▼ 102 vs last sale 404▲ 302 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
78 head
▲ 36 vs last sale 42▲ 78 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
83 head
▲ 48 vs last sale 35▲ 83 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $121.38/cwt on 164 head.
Average price
$121.38
164 head · 636 lb average
Value per head Derived
$772
Price × average weight ÷ 100
Grade differential Derived
−$284
per head · Medium and Large 3 over Medium and Large 1-2
$4.75/cwt at this weight
vs the market
−5.12
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3444123.755494thin
Medium and Large 2543123.4467129
Medium and Large 1615123.1975858
Medium and Large 1-2700119.0083373
One grade step is worth $4.75/cwt here — about −$284 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 sale164 hd
121.38
—
MS average12 barns · 1,469 hd
126.50
−5.12
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Average1,43787.591,2593thin
CowsBoner 80-85%Average1,18553.1162925
CowsLean 85-90%Average91242.8339011

Every lot

69 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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers24 lots · lightest first
Steers—Medium and Large 3270136.00/cwt136.00–136.003671
Steers—Medium and Large 2273150.47/cwt150.00–151.004112
Steers—Medium and Large 2305151.00/cwt151.00–151.004611
Steers—Medium and Large 1328159.47/cwt159.00–160.005232
Steers—Medium and Large 1363156.00/cwt156.00–156.005666
Steers—Medium and Large 2372146.45/cwt141.00–149.005453
Steers—Medium and Large 3380139.00/cwt139.00–139.005281
Steers—Medium and Large 1424143.35/cwt140.00–146.006088
Steers—Medium and Large 2460130.14/cwt126.00–137.005997
Steers—Medium and Large 1463144.00/cwt144.00–144.006672
Steers—Medium and Large 1525132.85/cwt128.00–134.006975
Steers—Medium and Large 3540116.00/cwt116.00–116.006261
Steers—Medium and Large 2543118.00/cwt118.00–118.006413
Steers—Medium and Large 2562114.81/cwt113.00–122.006455
Steers—Medium and Large 3585104.00/cwt104.00–104.006081
Steers—Medium and Large 2600108.00/cwt108.00–108.006481
Steers—Medium and Large 1640113.01/cwt111.00–115.007233
Steers—Medium and Large 1670113.84/cwt110.00–120.0076311
Steers—Medium and Large 1-2700119.00/cwt119.00–119.0083373
Steers—Medium and Large 1728109.88/cwt109.00–110.008008
Steers—Medium and Large 1778106.66/cwt100.00–108.008306
Steers—Medium and Large 2790105.92/cwt99.00–107.008377
Steers—Medium and Large 183099.00/cwt99.00–99.008221
Steers—Medium and Large 188397.00/cwt97.00–97.008576
Feeder Cattle · Heifers23 lots · lightest first
Heifers—Medium and Large 3230113.00/cwt113.00–113.002601
Heifers—Medium and Large 3273116.46/cwt115.00–118.003182
Heifers—Medium and Large 2275128.00/cwt127.00–129.003522
Heifers—Medium and Large 1323133.60/cwt128.00–137.004324
Heifers—Medium and Large 2326122.00/cwt121.00–124.003984
Heifers—Medium and Large 2373123.84/cwt121.00–127.004627
Heifers—Medium and Large 1395129.00/cwt129.00–129.005101
Heifers—Medium and Large 1410130.50/cwt123.00–133.005358
Heifers—Medium and Large 2418117.26/cwt115.00–119.004903
Heifers—Medium and Large 3445105.00/cwt105.00–105.004671
Heifers—Medium and Large 1453121.99/cwt120.00–124.005532
Heifers—Medium and Large 3455103.00/cwt103.00–103.004691
Heifers—Medium and Large 2466114.76/cwt113.00–117.005355
Heifers—Medium and Large 351599.00/cwt99.00–99.005101
Heifers—Medium and Large 1516119.39/cwt115.00–123.006167
Heifers—Medium and Large 2525108.27/cwt104.00–116.005684
Heifers—Medium and Large 2563107.56/cwt105.00–110.006062
Heifers—Medium and Large 3595100.00/cwt100.00–100.005951
Heifers—Medium and Large 1615107.97/cwt105.00–110.006645
Heifers—Medium and Large 1660101.00/cwt101.00–101.006672
Heifers—Medium and Large 2680100.00/cwt100.00–100.006804
Heifers—Medium and Large 273292.65/cwt92.00–94.006783
Heifers—Medium and Large 275993.67/cwt92.00–94.007116
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1445122.00/cwt122.00–122.005431
Bulls—Medium and Large 1468127.75/cwt120.00–135.005983
Bulls—Medium and Large 1520122.76/cwt113.00–128.006383
Bulls—Medium and Large 3525105.00/cwt105.00–105.005511
Bulls—Medium and Large 2570110.97/cwt110.00–112.006332
Bulls—Medium and Large 1580114.00/cwt114.00–114.006611
Bulls—Medium and Large 2631103.73/cwt101.00–105.006554
Bulls—Medium and Large 2668105.37/cwt102.00–108.007043
Bulls—Medium and Large 369596.00/cwt96.00–96.006671
Bulls—Medium and Large 2710100.00/cwt100.00–100.007101
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,27582.50/cwt82.50–82.501,0521
Bulls——1,51890.14/cwt89.00–91.501,3682
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%86839.38/cwt35.00–44.003425
Cows—Lean 85-90%94845.71/cwt43.00–48.504336
Cows—Boner 80-85%1,18553.11/cwt48.50–59.0062925
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 28491,070.86/cwt1,025.00–1,130.009,09212
Cow-Calf Pairs—Medium and Large 2990910.00/cwt910.00–910.009,0092
Cow-Calf Pairs—Medium and Large 21,2891,044.01/cwt920.00–1,200.0013,45718
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 2805750.00/cwt750.00–750.006,0381
Bred Cows—Medium and Large 21,082852.11/cwt820.00–890.009,2203
Bred Cows—Medium and Large 21,118853.46/cwt730.00–925.009,5422
Bred Cows—Medium and Large 21,310975.00/cwt975.00–975.0012,7731

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.