Sale reports / Mississippi / Meridian Livestock Auction / 2020-08-10

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 10
● Final64 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
340 head
▲ 52 vs last sale 288▲ 340 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
31 head
▼ 11 vs last sale 42▲ 31 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
57 head
▲ 29 vs last sale 28▲ 57 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows were 4.00-7.00 lower. Slaughter bulls 2.00-4.00 lower.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.32/cwt on 109 head.
Average price
$139.32
109 head · 536 lb average
Value per head Derived
$746
Price × average weight ÷ 100
Grade differential Derived
−$144
per head · Medium and Large 3 over Medium and Large 2
$10.19/cwt at this weight
vs the market
+1.07
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3390147.005731thin
Medium and Large 1548141.3577458
Medium and Large 2525136.8271850
One grade step is worth $10.19/cwt here — about −$144 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 sale109 hd
139.32
—
MS average13 barns · 1,497 hd
138.25
+1.07
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—Average1,70888.151,5066thin
CowsBoner 80-85%Average1,19057.186807thin
CowsLean 85-90%Average97745.2644213

Every lot

64 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 · Steers22 lots · lightest first
Steers—Medium and Large 1270170.00/cwt170.00–170.004591
Steers—Medium and Large 1338165.01/cwt163.00–168.005583
Steers—Medium and Large 2338155.96/cwt154.00–158.005273
Steers—Medium and Large 2367152.95/cwt149.00–159.005618
Steers—Medium and Large 1373165.38/cwt163.00–168.006172
Steers—Medium and Large 3390147.00/cwt147.00–147.005731
Steers—Medium and Large 1414154.36/cwt146.00–159.0063912
Steers—Medium and Large 2418142.49/cwt139.00–145.005966
Steers—Medium and Large 1459150.21/cwt147.00–152.006895
Steers—Medium and Large 2482141.17/cwt137.00–144.006809
Steers—Medium and Large 1517143.66/cwt137.00–146.007439
Steers—Medium and Large 2528134.52/cwt130.00–137.007104
Steers—Medium and Large 2582133.30/cwt127.00–138.007767
Steers—Medium and Large 1618131.99/cwt131.00–133.008162
Steers—Medium and Large 2645121.00/cwt119.00–123.007802
Steers—Medium and Large 1651126.86/cwt126.00–127.0082615
Steers—Medium and Large 2673122.26/cwt119.00–126.008233
Steers—Medium and Large 2721117.77/cwt116.00–122.008495
Steers—Medium and Large 1728131.40/cwt123.00–133.009576
Steers—Medium and Large 2778118.33/cwt118.00–119.009213
Steers—Medium and Large 1800117.00/cwt117.00–117.009362
Steers—Medium and Large 1850117.00/cwt117.00–117.009951
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1275150.00/cwt150.00–150.004131
Heifers—Medium and Large 2275134.00/cwt134.00–134.003691
Heifers—Medium and Large 2381129.99/cwt125.00–132.004958
Heifers—Medium and Large 2420125.02/cwt123.00–126.005253
Heifers—Medium and Large 1422129.77/cwt127.00–133.005485
Heifers—Medium and Large 1463128.03/cwt127.00–129.005932
Heifers—Medium and Large 2468123.72/cwt121.00–126.005799
Heifers—Medium and Large 3475115.00/cwt115.00–115.005461
Heifers—Medium and Large 1525129.00/cwt129.00–129.006773
Heifers—Medium and Large 3525115.49/cwt115.00–116.006062
Heifers—Medium and Large 2526120.01/cwt116.00–123.006315
Heifers—Medium and Large 2567119.68/cwt119.00–120.006793
Heifers—Medium and Large 3570105.00/cwt105.00–105.005991
Heifers—Medium and Large 2629109.57/cwt105.00–116.006894
Heifers—Medium and Large 1635122.01/cwt118.00–130.0077515
Heifers—Medium and Large 2670112.69/cwt106.00–117.007553
Heifers—Medium and Large 2713112.74/cwt110.00–116.008044
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 1430137.35/cwt136.00–140.005913
Bulls—Medium and Large 1470134.66/cwt131.00–138.006336
Bulls—Medium and Large 3490121.00/cwt121.00–121.005931
Bulls—Medium and Large 2523118.01/cwt115.00–121.006172
Bulls—Medium and Large 1525128.93/cwt125.00–134.006776
Bulls—Medium and Large 3530110.00/cwt110.00–110.005831
Bulls—Medium and Large 3575115.00/cwt115.00–115.006611
Bulls—Medium and Large 1612115.58/cwt110.00–120.007073
Bulls—Medium and Large 2650109.00/cwt109.00–109.007091
Bulls—Medium and Large 1665113.27/cwt110.00–115.007533
Bulls—Medium and Large 1700110.00/cwt110.00–110.007701
Bulls—Medium and Large 2745107.00/cwt107.00–107.007971
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,46883.82/cwt81.50–85.501,2302
Bulls——1,82890.31/cwt87.00–92.501,6514
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%91337.08/cwt33.50–40.003394
Cows—Lean 85-90%1,00648.90/cwt45.00–52.504929
Cows—Boner 80-85%1,19057.18/cwt54.50–59.006807
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 21,060840.00/cwt840.00–840.008,9041
Bred Cows—Medium and Large 21,070983.04/cwt790.00–1,130.0010,5192
Bred Cows—Medium and Large 21,146957.50/cwt840.00–1,060.0010,9735
Bred Cows—Medium and Large 21,148997.51/cwt860.00–1,110.0011,4514
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,1001,012.00/cwt920.00–1,080.0011,1324
Cow-Calf Pairs—Medium and Large 21,2921,226.39/cwt1,100.00–1,300.0015,8456
Cow-Calf Pairs—Medium and Large 21,3001,192.67/cwt1,010.00–1,290.0015,5056
Cow-Calf Pairs—Medium and Large 21,3751,110.00/cwt1,110.00–1,110.0015,2632

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.