Sale reports / Mississippi / Meridian Livestock Auction / 2020-06-01

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 1
● Final75 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
433 head
▲ 199 vs last sale 234▲ 433 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
36 head
▼ 26 vs last sale 62▲ 36 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
32 head
▼ 66 vs last sale 98▲ 32 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves 2.00-5.00 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 $114.10/cwt on 130 head.
Average price
$114.10
130 head · 623 lb average
Value per head Derived
$711
Price × average weight ÷ 100
Grade differential Derived
$58
per head · Medium and Large 2 over Medium and Large 3
$5.93/cwt at this weight
vs the market
−8.26
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2504115.9358529
Medium and Large 1620115.0471457
Medium and Large 1-2721111.8080641
Medium and Large 3479110.015273thin
One grade step is worth $5.93/cwt here — about $58 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 sale130 hd
114.10
—
MS average13 barns · 1,446 hd
122.37
−8.26
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—Average1,64995.621,5774thin
CowsBoner 80-85%High1,28259.2676016
CowsBreaker 75-80%Average1,44051.477412thin
CowsLean 85-90%Low1,06850.735429thin

Every lot

75 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 · Steers26 lots · lightest first
Steers—Medium and Large 3260142.00/cwt142.00–142.003691
Steers—Medium and Large 1275163.55/cwt161.00–166.004502
Steers—Medium and Large 2330151.00/cwt151.00–151.004981
Steers—Medium and Large 1338159.96/cwt158.00–167.005415
Steers—Medium and Large 3355144.00/cwt144.00–144.005111
Steers—Medium and Large 1380158.54/cwt157.00–160.006022
Steers—Medium and Large 2384151.00/cwt149.00–153.005804
Steers—Medium and Large 1433146.99/cwt146.00–148.006362
Steers—Medium and Large 2445132.00/cwt132.00–132.005871
Steers—Medium and Large 1455142.00/cwt142.00–142.006461
Steers—Medium and Large 2465132.20/cwt130.00–135.006154
Steers—Medium and Large 2530128.00/cwt128.00–128.006781
Steers—Medium and Large 1535137.00/cwt137.00–137.007331
Steers—Medium and Large 1554134.23/cwt130.00–137.007444
Steers—Medium and Large 2565129.00/cwt129.00–129.007291
Steers—Medium and Large 2619116.85/cwt114.00–121.007235
Steers—Medium and Large 1630123.67/cwt121.00–126.007793
Steers—Medium and Large 1-2635132.13/cwt131.00–134.0083936
Steers—Medium and Large 2665119.48/cwt116.00–121.007954
Steers—Medium and Large 1-2737123.00/cwt123.00–123.0090710
Steers—Medium and Large 1741116.50/cwt115.00–117.008634
Steers—Medium and Large 1-2767121.00/cwt121.00–121.0092811
Steers—Medium and Large 2810100.00/cwt100.00–100.008104
Steers—Medium and Large 1825106.00/cwt106.00–106.008751
Steers—Medium and Large 1863104.00/cwt104.00–104.008982
Steers—Medium and Large 1911107.00/cwt107.00–107.0097510
Feeder Cattle · Heifers24 lots · lightest first
Heifers—Medium and Large 2325127.38/cwt126.00–129.004143
Heifers—Medium and Large 1328131.98/cwt130.00–134.004332
Heifers—Medium and Large 1367131.72/cwt128.00–138.004835
Heifers—Medium and Large 2369122.92/cwt121.00–127.004544
Heifers—Medium and Large 1427128.86/cwt126.00–131.005507
Heifers—Medium and Large 3433112.01/cwt110.00–114.004852
Heifers—Medium and Large 2445120.00/cwt120.00–120.005341
Heifers—Medium and Large 1460128.99/cwt128.00–130.005932
Heifers—Medium and Large 2471118.02/cwt116.00–119.005565
Heifers—Medium and Large 1509120.88/cwt116.00–124.006157
Heifers—Medium and Large 2521114.46/cwt111.00–117.005967
Heifers—Medium and Large 1555122.99/cwt122.00–125.006833
Heifers—Medium and Large 2558114.48/cwt110.00–119.006394
Heifers—Medium and Large 3570106.00/cwt106.00–106.006041
Heifers—Medium and Large 1610111.00/cwt110.00–112.006772
Heifers—Medium and Large 2620102.00/cwt102.00–102.006321
Heifers—Medium and Large 2670107.00/cwt107.00–107.007171
Heifers—Medium and Large 1671110.72/cwt106.00–115.007434
Heifers—Medium and Large 1-2704114.00/cwt114.00–114.0080326
Heifers—Medium and Large 1716108.62/cwt105.00–110.0077811
Heifers—Medium and Large 2720103.50/cwt103.00–104.007452
Heifers—Medium and Large 1-2751108.00/cwt108.00–108.0081115
Heifers—Medium and Large 2765103.00/cwt103.00–103.007881
Heifers—Medium and Large 1854100.00/cwt100.00–100.0085414
Feeder Cattle · Bulls13 lots · lightest first
Bulls—Medium and Large 2435121.02/cwt120.00–122.005262
Bulls—Medium and Large 1438131.56/cwt128.00–136.005765
Bulls—Medium and Large 2470121.00/cwt121.00–121.005691
Bulls—Medium and Large 1475129.49/cwt129.00–130.006152
Bulls—Medium and Large 1510126.50/cwt126.00–127.006452
Bulls—Medium and Large 2528118.46/cwt117.00–120.006252
Bulls—Medium and Large 2566113.79/cwt110.00–117.006444
Bulls—Medium and Large 1610114.00/cwt114.00–114.006951
Bulls—Medium and Large 2615102.00/cwt102.00–102.006271
Bulls—Medium and Large 2650104.50/cwt104.00–105.006792
Bulls—Medium and Large 1685119.00/cwt119.00–119.008151
Bulls—Medium and Large 272597.00/cwt97.00–97.007031
Bulls—Medium and Large 2755100.00/cwt100.00–100.007551
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,48896.73/cwt95.00–98.001,4392
Bulls——1,62090.00/cwt90.00–90.001,4581
Bulls——2,00099.00/cwt99.00–99.001,9801
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%1,06151.57/cwt50.00–55.505478
Cows—Lean 85-90%1,12044.00/cwt44.00–44.004931
Cows—Boner 80-85%1,27158.28/cwt56.50–61.5074113
Cows—Boner 80-85%1,33263.53/cwt63.00–64.508463
Cows—Breaker 75-80%1,44051.47/cwt50.00–53.007412
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,2751,155.88/cwt1,100.00–1,200.0014,7374
Cow-Calf Pairs—Medium and Large 21,3301,151.65/cwt1,110.00–1,190.0015,3174
Cow-Calf Pairs—Medium and Large 21,3951,300.00/cwt1,300.00–1,300.0018,1352
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 21,230851.50/cwt770.00–940.0010,4736

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.