Sale reports / Mississippi / Meridian Livestock Auction / 2020-08-03

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 3
● Final65 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
288 head
▼ 77 vs last sale 365▲ 288 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
42 head
▲ 10 vs last sale 32▲ 42 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
28 head
▼ 7 vs last sale 35▲ 28 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves 3.00-7.00 higher. 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 $137.61/cwt on 90 head.
Average price
$137.61
90 head · 602 lb average
Value per head Derived
$828
Price × average weight ÷ 100
Grade differential Derived
$95
per head · Medium and Large 2 over Medium and Large 3
$4.17/cwt at this weight
vs the market
−3.14
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2529139.1773617thin
Medium and Large 1621137.2885272
Medium and Large 3475135.006411thin
One grade step is worth $4.17/cwt here — about $95 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 sale90 hd
137.61
—
MS average13 barns · 1,308 hd
140.75
−3.14
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—Average1,54591.781,4185thin
CowsBoner 80-85%Average1,16765.3176220
CowsBreaker 75-80%Average1,39560.008371thin
CowsLean 85-90%Low1,03656.8258911

Every lot

65 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 · Steers24 lots · lightest first
Steers—Medium and Large 1238174.04/cwt170.00–178.004142
Steers—Medium and Large 2245168.00/cwt168.00–168.004121
Steers—Medium and Large 2270163.00/cwt163.00–163.004401
Steers—Medium and Large 1280174.00/cwt174.00–174.004871
Steers—Medium and Large 1335165.00/cwt165.00–165.005531
Steers—Medium and Large 2338160.00/cwt160.00–160.005412
Steers—Medium and Large 1377168.36/cwt166.00–171.006353
Steers—Medium and Large 1428155.79/cwt150.00–158.006674
Steers—Medium and Large 2470146.30/cwt145.00–148.006883
Steers—Medium and Large 1472152.23/cwt145.00–158.007196
Steers—Medium and Large 3475135.00/cwt135.00–135.006411
Steers—Medium and Large 2520137.00/cwt137.00–137.007121
Steers—Medium and Large 1525142.69/cwt141.00–145.007494
Steers—Medium and Large 1555140.00/cwt140.00–140.007771
Steers—Medium and Large 2568132.31/cwt129.00–135.007523
Steers—Medium and Large 2615127.00/cwt127.00–127.007811
Steers—Medium and Large 1636133.00/cwt132.00–134.008466
Steers—Medium and Large 1670132.40/cwt129.00–135.0088721
Steers—Medium and Large 2670126.70/cwt124.00–128.008493
Steers—Medium and Large 1709128.39/cwt124.00–129.0091013
Steers—Medium and Large 1750124.00/cwt124.00–124.009301
Steers—Medium and Large 2773117.50/cwt116.00–119.009082
Steers—Medium and Large 1813120.02/cwt119.00–122.009767
Steers—Medium and Large 1860116.48/cwt115.00–118.001,0022
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1240155.00/cwt155.00–155.003721
Heifers—Medium and Large 2278145.00/cwt145.00–145.004033
Heifers—Medium and Large 1288149.50/cwt149.00–150.004312
Heifers—Medium and Large 1310139.00/cwt138.00–140.004312
Heifers—Medium and Large 1368134.73/cwt132.00–136.004963
Heifers—Medium and Large 1429137.02/cwt134.00–140.005886
Heifers—Medium and Large 2435130.00/cwt130.00–130.005661
Heifers—Medium and Large 2472128.03/cwt124.00–131.0060411
Heifers—Medium and Large 1485131.00/cwt131.00–131.006351
Heifers—Medium and Large 2523119.48/cwt119.00–120.006252
Heifers—Medium and Large 1524123.51/cwt122.00–126.006478
Heifers—Medium and Large 2562119.40/cwt118.00–121.006715
Heifers—Medium and Large 1563122.99/cwt122.00–125.006923
Heifers—Medium and Large 1602124.00/cwt124.00–124.007462
Heifers—Medium and Large 2630105.00/cwt105.00–105.006621
Heifers—Medium and Large 1665116.00/cwt116.00–116.007711
Heifers—Medium and Large 2683103.96/cwt100.00–108.007102
Heifers—Medium and Large 2730105.00/cwt105.00–105.007671
Heifers—Medium and Large 1735114.00/cwt114.00–114.008381
Heifers—Medium and Large 2780105.00/cwt105.00–105.008191
Feeder Cattle · Bulls9 lots · lightest first
Bulls—Medium and Large 2440129.00/cwt129.00–129.005681
Bulls—Medium and Large 2465128.00/cwt128.00–128.005951
Bulls—Medium and Large 1482130.33/cwt130.00–131.006283
Bulls—Medium and Large 1508134.16/cwt130.00–139.006826
Bulls—Medium and Large 2533124.00/cwt123.00–125.006612
Bulls—Medium and Large 2563121.02/cwt117.00–125.006813
Bulls—Medium and Large 1605120.49/cwt119.00–122.007292
Bulls—Medium and Large 1672115.66/cwt114.00–117.007773
Bulls—Medium and Large 1765115.00/cwt115.00–115.008801
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,37384.64/cwt82.00–87.001,1622
Bulls——1,66096.54/cwt95.50–98.001,6033
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%92551.00/cwt51.00–51.004721
Cows—Lean 85-90%1,04757.40/cwt53.50–61.5060110
Cows—Boner 80-85%1,11964.24/cwt62.00–66.5071915
Cows—Boner 80-85%1,31168.52/cwt68.00–69.008985
Cows—Breaker 75-80%1,39560.00/cwt60.00–60.008371
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 21,003911.28/cwt720.00–1,025.009,1404
Bred Cows—Medium and Large 21,184901.74/cwt860.00–950.0010,6775
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,0551,175.00/cwt1,175.00–1,175.0012,3962
Cow-Calf Pairs—Medium and Large 21,3331,272.75/cwt1,270.00–1,275.0016,9664
Cow-Calf Pairs—Medium and Large 21,4301,260.00/cwt1,260.00–1,260.0018,0182

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.