Sale reports / Mississippi / Meridian Livestock Auction / 2020-05-25

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, May 25
● Final67 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
234 head
▼ 58 vs last sale 292▲ 234 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
62 head
▲ 7 vs last sale 55▲ 62 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
98 head
▲ 72 vs last sale 26▲ 98 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Good day, as compared to last weeks Feeder cattle sold 3-5 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 $137.47/cwt on 72 head.
Average price
$137.47
72 head · 525 lb average
Value per head Derived
$722
Price × average weight ÷ 100
Grade differential Derived
−$96
per head · Medium and Large 2 over Medium and Large 3
$32.55/cwt at this weight
vs the market
+5.48
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2357148.5553114thin
Medium and Large 1566135.1376557
Medium and Large 3540116.006261thin
One grade step is worth $32.55/cwt here — about −$96 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 sale72 hd
137.47
—
MS average13 barns · 1,273 hd
131.99
+5.48
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—Average1,63294.141,5366thin
CowsBoner 80-85%Average1,22159.5772824
CowsLean 85-90%Average96953.7152016
CowsBreaker 75-80%Average1,44253.377706thin

Every lot

67 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 · Steers16 lots · lightest first
Steers—Medium and Large 2210150.00/cwt150.00–150.003151
Steers—Medium and Large 1235160.00/cwt160.00–160.003761
Steers—Medium and Large 2263153.46/cwt152.00–155.004042
Steers—Medium and Large 1290163.24/cwt160.00–167.004734
Steers—Medium and Large 1330165.00/cwt165.00–165.005451
Steers—Medium and Large 2338153.47/cwt150.00–155.005194
Steers—Medium and Large 2378148.47/cwt146.00–150.005614
Steers—Medium and Large 1420147.42/cwt143.00–153.006193
Steers—Medium and Large 2425142.00/cwt142.00–142.006041
Steers—Medium and Large 1477142.30/cwt140.00–145.006793
Steers—Medium and Large 2488136.49/cwt135.00–138.006662
Steers—Medium and Large 1527134.99/cwt130.00–137.0071110
Steers—Medium and Large 3540116.00/cwt116.00–116.006261
Steers—Medium and Large 1591132.84/cwt130.00–134.0078518
Steers—Medium and Large 1625127.00/cwt125.00–129.007942
Steers—Medium and Large 1714124.00/cwt124.00–124.0088515
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 1335131.46/cwt130.00–133.004402
Heifers—Medium and Large 1378132.85/cwt130.00–135.005025
Heifers—Medium and Large 2428119.65/cwt117.00–122.005123
Heifers—Medium and Large 3430110.00/cwt110.00–110.004731
Heifers—Medium and Large 1435128.23/cwt126.00–133.005583
Heifers—Medium and Large 1468127.32/cwt125.00–130.005966
Heifers—Medium and Large 2471120.28/cwt118.00–122.005674
Heifers—Medium and Large 3475113.55/cwt111.00–116.005392
Heifers—Medium and Large 1523120.56/cwt118.00–123.006312
Heifers—Medium and Large 3535110.00/cwt110.00–110.005891
Heifers—Medium and Large 2543113.99/cwt112.00–116.006192
Heifers—Medium and Large 1551124.00/cwt124.00–124.006834
Heifers—Medium and Large 2565113.28/cwt111.00–115.006403
Heifers—Medium and Large 1618115.03/cwt113.00–117.007114
Heifers—Medium and Large 2620107.00/cwt107.00–107.006632
Heifers—Medium and Large 2665105.51/cwt104.00–107.007022
Feeder Cattle · Bulls14 lots · lightest first
Bulls—Medium and Large 1435135.00/cwt135.00–135.005871
Bulls—Medium and Large 2473117.14/cwt114.00–120.005542
Bulls—Medium and Large 1483132.30/cwt129.00–137.006394
Bulls—Medium and Large 1521128.90/cwt126.00–135.0067210
Bulls—Medium and Large 2530120.92/cwt118.00–124.006412
Bulls—Medium and Large 1565124.00/cwt124.00–124.007011
Bulls—Medium and Large 3565103.00/cwt103.00–103.005821
Bulls—Medium and Large 2569117.29/cwt110.00–123.006679
Bulls—Medium and Large 2610110.95/cwt106.00–117.006773
Bulls—Medium and Large 1622124.65/cwt123.00–126.007753
Bulls—Medium and Large 1655116.00/cwt116.00–116.007601
Bulls—Medium and Large 2680106.87/cwt103.00–114.007273
Bulls—Medium and Large 2738106.27/cwt102.00–113.007843
Bulls—Medium and Large 276798.98/cwt96.00–101.007593
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,45889.49/cwt89.00–90.001,3052
Bulls——1,71098.00/cwt98.00–98.001,6761
Bulls——1,72295.96/cwt93.00–97.501,6523
Slaughter Cattle · Cows9 lots · lightest first
Cows—Lean 85-90%Light Weight74043.00/cwt43.00–43.003181
Cows—Lean 85-90%Light Weight77054.00/cwt54.00–54.004161
Cows—Lean 85-90%Light Weight80046.00/cwt46.00–46.003681
Cows—Lean 85-90%87548.53/cwt47.00–50.004252
Cows—Lean 85-90%1,04056.30/cwt53.00–61.0058611
Cows—Boner 80-85%1,19759.79/cwt56.50–63.5071621
Cows—Boner 80-85%1,39064.50/cwt64.50–64.508972
Cows—Boner 80-85%1,39545.00/cwt45.00–45.006281
Cows—Breaker 75-80%1,44253.37/cwt51.50–55.007706
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 2962876.01/cwt740.00–980.008,4273
Bred Cows—Medium and Large 21,0781,005.56/cwt870.00–1,290.0010,8405
Bred Cows—Medium and Large 21,093795.08/cwt730.00–850.008,6902
Bred Cows—Medium and Large 21,102809.71/cwt760.00–860.008,9233
Bred Cows—Medium and Large 21,187995.41/cwt750.00–1,110.0011,8166
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,035890.00/cwt890.00–890.009,2122
Cow-Calf Pairs—Medium and Large 21,1531,132.15/cwt1,100.00–1,160.0013,0544
Cow-Calf Pairs—Medium and Large 21,2731,115.05/cwt950.00–1,470.0014,1958
Cow-Calf Pairs—Medium and Large 21,3901,356.83/cwt1,210.00–1,470.0018,8604

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.