Sale reports / Mississippi / Meridian Livestock Auction / 2020-06-15

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jun 15
● Final68 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
335 head
▲ 140 vs last sale 195▲ 335 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
42 head
▲ 7 vs last sale 35▲ 42 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
26 head
▼ 161 vs last sale 187▲ 26 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.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $132.94/cwt on 103 head.
Average price
$132.94
103 head · 554 lb average
Value per head Derived
$737
Price × average weight ÷ 100
Grade differential Derived
$35
per head · Medium and Large 1 over Medium and Large 2
$7.54/cwt at this weight
vs the market
−2.36
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1553134.7074579
Medium and Large 2558127.1671024
One grade step is worth $7.54/cwt here — about $35 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 sale103 hd
132.94
—
MS average12 barns · 983 hd
135.30
−2.36
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—Average1,51092.001,3892thin
CowsBoner 80-85%High1,26962.2979119
CowsBreaker 75-80%Average1,52556.008542thin
CowsLean 85-90%Average94948.8946412

Every lot

68 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 1265160.89/cwt160.00–164.004265
Steers—Medium and Large 2327150.91/cwt145.00–155.004933
Steers—Medium and Large 1331161.44/cwt158.00–162.0053413
Steers—Medium and Large 1365156.00/cwt156.00–156.005692
Steers—Medium and Large 2376145.93/cwt140.00–151.005496
Steers—Medium and Large 1423136.57/cwt134.00–139.005782
Steers—Medium and Large 1468145.00/cwt145.00–145.006793
Steers—Medium and Large 2473126.52/cwt123.00–130.005982
Steers—Medium and Large 1540126.00/cwt125.00–127.006802
Steers—Medium and Large 2568125.91/cwt118.00–134.007153
Steers—Medium and Large 1575130.87/cwt125.00–134.0075320
Steers—Medium and Large 1627124.40/cwt121.00–128.0078013
Steers—Medium and Large 1676127.00/cwt127.00–127.0085911
Steers—Medium and Large 2677110.58/cwt105.00–118.007493
Steers—Medium and Large 1740120.00/cwt120.00–120.008881
Steers—Medium and Large 2771110.16/cwt107.00–112.008496
Steers—Medium and Large 1813104.70/cwt100.00–107.008513
Steers—Medium and Large 2855100.00/cwt100.00–100.008551
Steers—Medium and Large 1930100.00/cwt100.00–100.009303
Steers—Medium and Large 1970100.00/cwt100.00–100.009701
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 2276133.44/cwt130.00–135.003685
Heifers—Medium and Large 1318134.66/cwt130.00–138.004286
Heifers—Medium and Large 2320125.00/cwt125.00–125.004001
Heifers—Medium and Large 1385135.00/cwt135.00–135.005201
Heifers—Medium and Large 1413129.98/cwt126.00–136.005378
Heifers—Medium and Large 2423118.98/cwt117.00–123.005033
Heifers—Medium and Large 2461123.32/cwt120.00–125.0056913
Heifers—Medium and Large 1473127.00/cwt125.00–129.006015
Heifers—Medium and Large 3480115.00/cwt115.00–115.005521
Heifers—Medium and Large 1523126.35/cwt123.00–135.006616
Heifers—Medium and Large 2523116.25/cwt112.00–118.006088
Heifers—Medium and Large 3575108.46/cwt107.00–110.006242
Heifers—Medium and Large 2579115.73/cwt112.00–120.006704
Heifers—Medium and Large 1624112.70/cwt109.00–118.007034
Heifers—Medium and Large 2625105.00/cwt105.00–105.006561
Heifers—Medium and Large 2665104.50/cwt104.00–105.006952
Heifers—Medium and Large 1675114.00/cwt114.00–114.007701
Heifers—Medium and Large 2700103.00/cwt103.00–103.007211
Heifers—Medium and Large 1735103.00/cwt103.00–103.007571
Feeder Cattle · Bulls15 lots · lightest first
Bulls—Medium and Large 1384142.46/cwt138.00–149.005476
Bulls—Medium and Large 1423134.98/cwt132.00–136.005715
Bulls—Medium and Large 1465132.47/cwt130.00–135.006162
Bulls—Medium and Large 2465121.00/cwt116.00–126.005632
Bulls—Medium and Large 1513122.49/cwt121.00–124.006282
Bulls—Medium and Large 2522116.00/cwt116.00–116.006063
Bulls—Medium and Large 1555135.00/cwt135.00–135.007491
Bulls—Medium and Large 2566114.84/cwt111.00–119.006507
Bulls—Medium and Large 1613110.00/cwt109.00–111.006742
Bulls—Medium and Large 262598.00/cwt98.00–98.006131
Bulls—Medium and Large 1670111.94/cwt108.00–116.007502
Bulls—Medium and Large 2685100.00/cwt100.00–100.006851
Bulls—Medium and Large 369590.00/cwt90.00–90.006261
Bulls—Medium and Large 1700120.00/cwt120.00–120.008401
Bulls—Medium and Large 284591.00/cwt91.00–91.007691
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,22589.00/cwt89.00–89.001,0901
Bulls——1,79595.00/cwt95.00–95.001,7051
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%91344.36/cwt42.00–46.004053
Cows—Lean 85-90%92334.55/cwt34.00–35.003192
Cows—Lean 85-90%97254.92/cwt54.00–56.505347
Cows—Boner 80-85%1,26860.42/cwt57.00–64.0076614
Cows—Boner 80-85%1,27367.51/cwt66.50–68.508595
Cows—Breaker 75-80%1,52556.00/cwt55.00–57.008542
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2968826.13/cwt730.00–950.007,9973
Bred Cows—Medium and Large 21,085810.00/cwt810.00–810.008,7891
Bred Cows—Medium and Large 21,175950.00/cwt950.00–950.0011,1631
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 29151,220.00/cwt1,220.00–1,220.0011,1632
Cow-Calf Pairs—Medium and Large 21,335940.00/cwt940.00–940.0012,5492
Cow-Calf Pairs—Medium and Large 21,3901,200.00/cwt1,200.00–1,200.0016,6802

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.