Sale reports / Mississippi / Meridian Livestock Auction / 2020-06-08

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 8
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
195 head
▼ 238 vs last sale 433▲ 195 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
35 head
▼ 1 vs last sale 36▲ 35 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
187 head
▲ 155 vs last sale 32▲ 187 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to the last week: Feeder calves were steady. Slaughter cows and bulls were steady. Sold some nice stock cows.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $136.24/cwt on 81 head.
Average price
$136.24
81 head · 546 lb average
Value per head Derived
$744
Price × average weight ÷ 100
Grade differential Derived
$38
per head · Medium and Large 1 over Medium and Large 3
$12.39/cwt at this weight
vs the market
+3.18
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1554141.2778332
Medium and Large 2532133.8771340
Medium and Large 3578128.887459thin
One grade step is worth $12.39/cwt here — about $38 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 sale81 hd
136.24
—
MS average12 barns · 1,194 hd
133.06
+3.18
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—Average1,55691.421,4234thin
CowsBoner 80-85%Average1,17061.7672218
CowsLean 85-90%Average1,00750.205055thin

Every lot

58 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 · Steers19 lots · lightest first
Steers—Medium and Large 1295162.00/cwt162.00–162.004781
Steers—Medium and Large 1323156.05/cwt155.00–157.005042
Steers—Medium and Large 2329149.45/cwt146.00–152.004924
Steers—Medium and Large 1360166.00/cwt166.00–166.005981
Steers—Medium and Large 2378147.15/cwt141.00–152.005566
Steers—Medium and Large 2427145.20/cwt144.00–147.006205
Steers—Medium and Large 1444161.00/cwt161.00–161.007155
Steers—Medium and Large 1473154.06/cwt148.00–160.007294
Steers—Medium and Large 2473139.74/cwt137.00–143.006615
Steers—Medium and Large 1527150.21/cwt135.00–154.007925
Steers—Medium and Large 2542137.34/cwt136.00–140.007443
Steers—Medium and Large 2565141.00/cwt141.00–141.007971
Steers—Medium and Large 3578128.88/cwt125.00–130.007459
Steers—Medium and Large 1631127.65/cwt120.00–130.008058
Steers—Medium and Large 2635115.00/cwt115.00–115.007301
Steers—Medium and Large 2685119.80/cwt115.00–121.0082113
Steers—Medium and Large 1735114.66/cwt114.00–115.008433
Steers—Medium and Large 2738112.00/cwt112.00–112.008272
Steers—Medium and Large 1810114.34/cwt113.00–116.009263
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 2265130.00/cwt130.00–130.003451
Heifers—Medium and Large 1318131.20/cwt130.00–134.004176
Heifers—Medium and Large 1373132.63/cwt130.00–136.004955
Heifers—Medium and Large 2373126.42/cwt124.00–129.004722
Heifers—Medium and Large 3380120.00/cwt120.00–120.004561
Heifers—Medium and Large 1440131.95/cwt128.00–136.005812
Heifers—Medium and Large 2445124.00/cwt124.00–124.005521
Heifers—Medium and Large 1473129.98/cwt129.00–131.006154
Heifers—Medium and Large 2475127.00/cwt127.00–127.006031
Heifers—Medium and Large 3475115.00/cwt115.00–115.005461
Heifers—Medium and Large 2525112.00/cwt112.00–112.005881
Heifers—Medium and Large 1526125.75/cwt125.00–127.006614
Heifers—Medium and Large 1574120.32/cwt120.00–124.0069115
Heifers—Medium and Large 2585119.00/cwt119.00–119.006961
Heifers—Medium and Large 1640119.84/cwt117.00–121.0076712
Heifers—Medium and Large 1673109.06/cwt104.00–114.007342
Heifers—Medium and Large 1700115.00/cwt115.00–115.008051
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1438139.46/cwt137.00–142.006112
Bulls—Medium and Large 3455105.00/cwt105.00–105.004781
Bulls—Medium and Large 1470137.00/cwt137.00–137.006441
Bulls—Medium and Large 1513130.99/cwt128.00–134.006722
Bulls—Medium and Large 2555118.04/cwt114.00–122.006552
Bulls—Medium and Large 1610102.99/cwt102.00–104.006282
Bulls—Medium and Large 188092.00/cwt92.00–92.008101
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,20581.00/cwt81.00–81.009761
Bulls——1,67092.84/cwt92.00–93.501,5502
Bulls——1,68099.00/cwt99.00–99.001,6631
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%98650.75/cwt50.00–53.005004
Cows—Lean 85-90%1,09048.00/cwt48.00–48.005231
Cows—Boner 80-85%1,14259.70/cwt57.00–63.0068212
Cows—Boner 80-85%1,22565.89/cwt64.50–67.008076
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 28951,175.00/cwt1,175.00–1,175.0010,5161
Bred Cows—Medium and Large 21,0151,175.00/cwt1,175.00–1,175.0011,9261
Bred Cows—Medium and Large 21,1071,304.25/cwt1,075.00–1,400.0014,43813
Bred Cows—Medium and Large 21,1741,318.31/cwt1,000.00–1,410.0015,4774
Bred Cows—Medium and Large 21,2211,406.13/cwt1,150.00–1,650.0017,16928
Bred Cows—Medium and Large 21,2701,430.00/cwt1,430.00–1,430.0018,1613
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 29671,343.28/cwt1,340.00–1,350.0012,9906
Cow-Calf Pairs—Medium and Large 21,0151,341.19/cwt1,300.00–1,400.0013,61320

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.