Sale reports / Mississippi / Meridian Livestock Auction / 2020-05-18

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 18
● Final66 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
292 head
▲ 11 vs last sale 281▲ 292 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
55 head
▲ 12 vs last sale 43▲ 55 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
26 head
▼ 21 vs last sale 47▲ 26 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

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

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $122.20/cwt on 98 head.
Average price
$122.20
98 head · 493 lb average
Value per head Derived
$602
Price × average weight ÷ 100
Grade differential Derived
$75
per head · Medium and Large 1 over Medium and Large 3
$10.54/cwt at this weight
vs the market
+3.28
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1502122.8761676
Medium and Large 2459121.0455619thin
Medium and Large 3482112.335413thin
One grade step is worth $10.54/cwt here — about $75 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 sale98 hd
122.20
—
MS average13 barns · 1,225 hd
118.92
+3.28
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—Low1,57792.591,4607thin
CowsBoner 80-85%High1,25761.2477017
CowsBreaker 75-80%Average1,39552.007251thin
CowsLean 85-90%Low1,07051.9155628

Every lot

66 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 · Steers20 lots · lightest first
Steers—Medium and Large 1285161.00/cwt161.00–161.004591
Steers—Medium and Large 1342162.01/cwt161.00–164.005543
Steers—Medium and Large 1378156.62/cwt153.00–160.005925
Steers—Medium and Large 2386149.27/cwt148.00–150.005764
Steers—Medium and Large 1403154.50/cwt140.00–161.0062312
Steers—Medium and Large 1458144.00/cwt144.00–144.006601
Steers—Medium and Large 2471133.50/cwt130.00–139.006294
Steers—Medium and Large 1528140.11/cwt133.00–144.007408
Steers—Medium and Large 2532122.51/cwt120.00–125.006522
Steers—Medium and Large 1561135.35/cwt128.00–138.007597
Steers—Medium and Large 2584127.99/cwt127.00–129.007472
Steers—Medium and Large 1641125.26/cwt120.00–129.0080317
Steers—Medium and Large 1683117.50/cwt113.00–122.008034
Steers—Medium and Large 1730116.00/cwt116.00–116.008471
Steers—Medium and Large 2735108.00/cwt108.00–108.007941
Steers—Medium and Large 2750100.00/cwt100.00–100.007501
Steers—Medium and Large 1769110.98/cwt110.00–112.008534
Steers—Medium and Large 1815110.00/cwt110.00–110.008971
Steers—Medium and Large 1942100.00/cwt100.00–100.009422
Steers—Medium and Large 11,010106.00/cwt106.00–106.001,0712
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1295134.00/cwt134.00–134.003951
Heifers—Medium and Large 1332133.20/cwt130.00–139.0044210
Heifers—Medium and Large 2343127.50/cwt127.00–128.004372
Heifers—Medium and Large 2365125.65/cwt120.00–129.004593
Heifers—Medium and Large 1378132.54/cwt130.00–135.005015
Heifers—Medium and Large 2426123.96/cwt121.00–126.005284
Heifers—Medium and Large 1429130.50/cwt124.00–135.0056014
Heifers—Medium and Large 3430114.00/cwt113.00–115.004902
Heifers—Medium and Large 1452129.41/cwt127.00–131.005855
Heifers—Medium and Large 2481123.51/cwt120.00–125.005946
Heifers—Medium and Large 2513112.44/cwt110.00–115.005772
Heifers—Medium and Large 1517121.00/cwt115.00–124.0062613
Heifers—Medium and Large 1550115.00/cwt115.00–115.006334
Heifers—Medium and Large 3585109.00/cwt109.00–109.006381
Heifers—Medium and Large 1618115.40/cwt109.00–119.0071317
Heifers—Medium and Large 2625106.00/cwt106.00–106.006631
Heifers—Medium and Large 1682104.99/cwt104.00–106.007163
Heifers—Medium and Large 2700100.00/cwt100.00–100.007001
Heifers—Medium and Large 1720106.49/cwt104.00–112.007674
Feeder Cattle · Bulls13 lots · lightest first
Bulls—Medium and Large 1373147.42/cwt142.00–154.005504
Bulls—Medium and Large 1406129.24/cwt124.00–135.005254
Bulls—Medium and Large 2473114.98/cwt112.00–118.005442
Bulls—Medium and Large 1479126.63/cwt124.00–130.006078
Bulls—Medium and Large 1501122.00/cwt120.00–124.006114
Bulls—Medium and Large 2-3525117.00/cwt117.00–117.006141
Bulls—Medium and Large 2528111.03/cwt110.00–112.005862
Bulls—Medium and Large 3545100.00/cwt100.00–100.005451
Bulls—Medium and Large 3573104.33/cwt104.00–105.005983
Bulls—Medium and Large 2578113.48/cwt112.00–115.006562
Bulls—Medium and Large 1635104.67/cwt100.00–109.006653
Bulls—Medium and Large 266096.00/cwt96.00–96.006341
Bulls—Medium and Large 172596.50/cwt96.00–97.007002
Slaughter Cattle · Bulls4 lots · lightest first
Bulls——1,29078.50/cwt78.50–78.501,0131
Bulls——1,460100.00/cwt100.00–100.001,4601
Bulls——1,46596.25/cwt95.00–97.001,4102
Bulls——1,78792.38/cwt90.50–93.501,6513
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%96546.52/cwt42.50–50.0044910
Cows—Lean 85-90%1,12954.90/cwt50.00–57.0062018
Cows—Boner 80-85%1,25660.40/cwt58.00–64.0075914
Cows—Boner 80-85%1,26065.17/cwt65.00–65.508213
Cows—Breaker 75-80%1,39552.00/cwt52.00–52.007251
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,1101,090.00/cwt1,090.00–1,090.0012,0992
Cow-Calf Pairs—Medium and Large 21,1651,142.45/cwt1,060.00–1,230.0013,3104
Cow-Calf Pairs—Medium and Large 21,1801,235.00/cwt1,235.00–1,235.0014,5732
Cow-Calf Pairs—Medium and Large 21,3101,209.11/cwt1,175.00–1,240.0015,8394
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,235845.36/cwt800.00–890.0010,4402

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.