Sale reports / Mississippi / Meridian Livestock Auction / 2020-07-20

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 20
● Final58 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
176 head
▼ 53 vs last sale 229▲ 176 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
33 head
▲ 3 vs last sale 30▲ 33 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
37 head
▼ 203 vs last sale 240▲ 37 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder cattle sold steady. Slaughter cows and bulls sold steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $125.23/cwt on 45 head.
Average price
$125.23
45 head · 514 lb average
Value per head Derived
$644
Price × average weight ÷ 100
Grade differential Derived
−$17
per head · Medium and Large 1 over Medium and Large 2
$12.06/cwt at this weight
vs the market
+3.39
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1493129.2563730
Medium and Large 2558117.1965415thin
One grade step is worth $12.06/cwt here — about −$17 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 sale45 hd
125.23
—
MS average13 barns · 796 hd
121.84
+3.39
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—Average1,53885.041,3086thin
CowsBoner 80-85%Average1,20355.396678thin
CowsLean 85-90%Low95250.814849thin

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 · Steers14 lots · lightest first
Steers—Medium and Large 1315174.00/cwt174.00–174.005481
Steers—Medium and Large 1370174.00/cwt174.00–174.006441
Steers—Medium and Large 2378142.45/cwt140.00–145.005382
Steers—Medium and Large 2420150.00/cwt150.00–150.006301
Steers—Medium and Large 1425158.76/cwt154.00–164.006752
Steers—Medium and Large 1473154.52/cwt153.00–156.007312
Steers—Medium and Large 2478149.98/cwt149.00–151.007172
Steers—Medium and Large 1538136.14/cwt135.00–139.507329
Steers—Medium and Large 1573134.06/cwt131.00–138.007683
Steers—Medium and Large 1622131.65/cwt130.50–135.008194
Steers—Medium and Large 2640122.50/cwt122.50–122.507841
Steers—Medium and Large 2675121.50/cwt121.50–121.508202
Steers—Medium and Large 1775118.00/cwt118.00–118.009151
Steers—Medium and Large 1822121.96/cwt117.50–128.001,0034
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 1200151.00/cwt151.00–151.003021
Heifers—Medium and Large 1325135.00/cwt135.00–135.004391
Heifers—Medium and Large 2360125.00/cwt125.00–125.004501
Heifers—Medium and Large 1372131.27/cwt130.00–134.004883
Heifers—Medium and Large 1434127.16/cwt125.00–130.005524
Heifers—Medium and Large 2473113.83/cwt108.00–118.005383
Heifers—Medium and Large 1474125.77/cwt123.50–127.505964
Heifers—Medium and Large 2517118.74/cwt113.00–123.506143
Heifers—Medium and Large 1518127.28/cwt124.00–135.006598
Heifers—Medium and Large 1557127.14/cwt126.75–129.007086
Heifers—Medium and Large 2560121.00/cwt121.00–121.006781
Heifers—Medium and Large 2617116.77/cwt116.00–119.007204
Heifers—Medium and Large 2670115.67/cwt115.00–116.507753
Heifers—Medium and Large 1672134.96/cwt132.00–138.009073
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1210160.00/cwt160.00–160.003361
Bulls—Medium and Large 1328145.91/cwt142.00–150.004792
Bulls—Medium and Large 1380153.88/cwt151.00–157.005852
Bulls—Medium and Large 3405120.00/cwt120.00–120.004861
Bulls—Medium and Large 1422143.80/cwt138.50–148.006073
Bulls—Medium and Large 3480116.37/cwt115.00–117.505594
Bulls—Medium and Large 1483136.50/cwt136.00–137.506593
Bulls—Medium and Large 2520112.52/cwt110.00–115.005852
Bulls—Medium and Large 1522122.15/cwt118.50–127.006383
Bulls—Medium and Large 1573117.50/cwt117.00–118.006732
Bulls—Medium and Large 2580111.47/cwt108.00–114.006473
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,26379.00/cwt75.00–84.009983
Bulls——1,81391.07/cwt90.00–92.001,6513
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%Light Weight74039.00/cwt39.00–39.002891
Cows—Lean 85-90%95057.65/cwt54.25–62.005483
Cows—Lean 85-90%99549.07/cwt46.25–50.504885
Cows—Boner 80-85%1,18851.67/cwt50.00–53.506142
Cows—Boner 80-85%1,19063.00/cwt63.00–63.007501
Cows—Boner 80-85%1,21255.36/cwt54.00–60.006715
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 2882609.62/cwt580.00–650.005,3773
Bred Cows—Medium and Large 1945763.49/cwt700.00–820.007,2152
Bred Cows—Medium and Large 2975493.28/cwt410.00–570.004,8092
Bred Cows—Medium and Large 11,000760.00/cwt760.00–760.007,6001
Bred Cows—Medium and Large 11,063984.45/cwt870.00–1,060.0010,4652
Bred Cows—Medium and Large 11,2401,000.00/cwt1,000.00–1,000.0012,4001
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 2765700.00/cwt700.00–700.005,3552
Cow-Calf Pairs—Medium and Large 2800760.00/cwt760.00–760.006,0802
Cow-Calf Pairs—Medium and Large 1848844.19/cwt790.00–900.007,1594
Cow-Calf Pairs—Medium and Large 19251,125.00/cwt1,125.00–1,125.0010,4062
Cow-Calf Pairs—Medium and Large 11,1501,060.00/cwt1,060.00–1,060.0012,1902

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.