Sale reports / Mississippi / Meridian Livestock Auction / 2020-07-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Jul 27
● Final70 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
365 head
▲ 189 vs last sale 176▲ 365 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
32 head
▼ 1 vs last sale 33▲ 32 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
35 head
▼ 2 vs last sale 37▲ 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 3.00-7.00 higher. Slaughter cows were 3.00-5.00 higher. Slaughter bulls steady.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $145.19/cwt on 78 head.
Average price
$145.19
78 head · 545 lb average
Value per head Derived
$792
Price × average weight ÷ 100
Grade differential Derived
−$337
per head · Medium and Large 3 over Medium and Large 2
$20.06/cwt at this weight
vs the market
+5.19
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3321152.264894thin
Medium and Large 1541148.0280059
Medium and Large 2625132.2082615thin
One grade step is worth $20.06/cwt here — about −$337 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 sale78 hd
145.19
—
MS average13 barns · 1,212 hd
140.01
+5.19
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—Low1,46592.501,3552thin
CowsBoner 80-85%Average1,18565.7577913
CowsBreaker 75-80%Average1,37056.247703thin
CowsLean 85-90%Average1,06354.6658111

Every lot

70 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 · Steers23 lots · lightest first
Steers—Medium and Large 1274178.65/cwt175.00–186.004904
Steers—Medium and Large 3290156.51/cwt156.00–157.004542
Steers—Medium and Large 2320161.00/cwt161.00–161.005151
Steers—Medium and Large 1325173.51/cwt170.00–176.005648
Steers—Medium and Large 3335149.00/cwt149.00–149.004991
Steers—Medium and Large 3370147.00/cwt147.00–147.005441
Steers—Medium and Large 1380167.36/cwt164.00–169.006365
Steers—Medium and Large 2380166.00/cwt166.00–166.006311
Steers—Medium and Large 1430165.03/cwt158.00–173.007103
Steers—Medium and Large 2445145.00/cwt145.00–145.006451
Steers—Medium and Large 1460153.02/cwt151.00–155.007042
Steers—Medium and Large 2468142.33/cwt141.00–144.006663
Steers—Medium and Large 1514143.31/cwt137.00–148.0073712
Steers—Medium and Large 2530121.00/cwt121.00–121.006411
Steers—Medium and Large 2555131.00/cwt131.00–131.007271
Steers—Medium and Large 1569135.73/cwt135.00–138.007724
Steers—Medium and Large 1661133.25/cwt128.00–135.008814
Steers—Medium and Large 2670120.00/cwt120.00–120.008041
Steers—Medium and Large 1720131.00/cwt131.00–131.009436
Steers—Medium and Large 2725122.00/cwt122.00–122.008851
Steers—Medium and Large 1788128.39/cwt128.00–132.001,01210
Steers—Medium and Large 1800127.00/cwt127.00–127.001,0161
Steers—Medium and Large 2868118.00/cwt118.00–118.001,0245
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 2225142.03/cwt139.00–146.003203
Heifers—Medium and Large 2275141.37/cwt137.00–148.003895
Heifers—Medium and Large 2318131.56/cwt130.00–133.004182
Heifers—Medium and Large 1330138.92/cwt134.00–142.004585
Heifers—Medium and Large 2360130.00/cwt130.00–130.004681
Heifers—Medium and Large 1371135.27/cwt133.00–137.0050210
Heifers—Medium and Large 2420122.02/cwt121.00–123.005122
Heifers—Medium and Large 1425134.91/cwt131.00–138.0057317
Heifers—Medium and Large 2469125.80/cwt121.00–129.0059011
Heifers—Medium and Large 3478116.49/cwt115.00–118.005572
Heifers—Medium and Large 1485130.00/cwt130.00–130.006311
Heifers—Medium and Large 1513129.97/cwt125.00–134.006677
Heifers—Medium and Large 1558126.50/cwt125.00–128.007064
Heifers—Medium and Large 2560118.00/cwt118.00–118.006611
Heifers—Medium and Large 3595109.00/cwt109.00–109.006491
Heifers—Medium and Large 1605113.00/cwt113.00–113.006841
Heifers—Medium and Large 1668113.00/cwt113.00–113.007552
Heifers—Medium and Large 1735100.00/cwt100.00–100.007351
Heifers—Medium and Large 1790105.00/cwt105.00–105.008301
Feeder Cattle · Bulls15 lots · lightest first
Bulls—Medium and Large 3420115.00/cwt115.00–115.004831
Bulls—Medium and Large 1430142.37/cwt138.00–145.006125
Bulls—Medium and Large 1-2446138.00/cwt138.00–138.006155
Bulls—Medium and Large 1473136.99/cwt136.00–138.006482
Bulls—Medium and Large 2489129.00/cwt126.00–136.006314
Bulls—Medium and Large 1-2498130.00/cwt130.00–130.006473
Bulls—Medium and Large 1518131.55/cwt128.00–135.006812
Bulls—Medium and Large 2528122.97/cwt121.00–125.006492
Bulls—Medium and Large 1580133.09/cwt128.00–138.007722
Bulls—Medium and Large 2580117.00/cwt117.00–117.006791
Bulls—Medium and Large 2600107.00/cwt107.00–107.006421
Bulls—Medium and Large 1616116.27/cwt114.00–120.007164
Bulls—Medium and Large 1675113.01/cwt112.00–114.007633
Bulls—Medium and Large 1725111.00/cwt111.00–111.008051
Bulls—Medium and Large 1855101.00/cwt101.00–101.008641
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,37598.00/cwt98.00–98.001,3481
Bulls——1,55587.00/cwt87.00–87.001,3531
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%98247.12/cwt42.00–50.504633
Cows—Lean 85-90%1,09357.49/cwt53.00–60.506288
Cows—Boner 80-85%1,16565.40/cwt62.00–69.0076212
Cows—Breaker 75-80%1,37056.24/cwt55.00–57.007703
Cows—Boner 80-85%1,42070.00/cwt70.00–70.009941
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2835785.33/cwt730.00–870.006,5582
Bred Cows—Medium and Large 2950925.00/cwt925.00–925.008,7881
Bred Cows—Medium and Large 21,045790.00/cwt790.00–790.008,2561
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0831,195.15/cwt1,125.00–1,250.0012,9434
Cow-Calf Pairs—Medium and Large 21,3051,200.00/cwt1,200.00–1,200.0015,6602
Cow-Calf Pairs—Medium and Large 21,3451,100.00/cwt1,100.00–1,100.0014,7952

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.