Sale reports / Mississippi / Meridian Livestock Auction / 2020-08-17

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-08-17
Creator: RaisedBeef
Published: 2020-08-17

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Aug 17

● Final63 lots reportedUSDA AMS · slug 2112

← Aug 10Aug 17Aug 24 →

Feeder Cattle receipts

323 head

▼ 17 vs last sale 340▲ 323 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

36 head

▲ 5 vs last sale 31▲ 36 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

44 head

▼ 13 vs last sale 57▲ 44 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 and bulls were 2.00-4.00 lower.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $136.52/cwt on 76 head.

Average price

$136.52

76 head · 530 lb average

Value per head Derived

$724

Price × average weight ÷ 100

Grade differential Derived

−$164

per head · Medium and Large 3 over Medium and Large 2

$13.45/cwt at this weight

vs the market

−4.07

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 3	377	146.89	553	9thin
Medium and Large 1	561	136.42	765	38
Medium and Large 2	537	133.44	717	29

One grade step is worth $13.45/cwt here — about −$164 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 sale76 hd

136.52

—

MS average13 barns · 1,521 hd

140.60

−4.07

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,536	82.60	1,269	5thin
Cows	Boner 80-85%	Average	1,020	55.84	570	3thin
Cows	Lean 85-90%	Average	1,046	49.01	513	19

Every lot

63 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers21 lots · lightest first
Steers	—	Medium and Large 1	290	164.51/cwt	164.00–165.00	477	2
Steers	—	Medium and Large 1	315	164.16/cwt	159.00–169.00	517	2
Steers	—	Medium and Large 3	333	149.44/cwt	148.00–151.00	498	2
Steers	—	Medium and Large 2	370	155.00/cwt	155.00–155.00	574	1
Steers	—	Medium and Large 3	375	149.02/cwt	147.00–150.00	559	6
Steers	—	Medium and Large 1	383	160.00/cwt	160.00–160.00	613	2
Steers	—	Medium and Large 1	414	153.10/cwt	149.00–159.00	634	5
Steers	—	Medium and Large 3	475	129.00/cwt	129.00–129.00	613	1
Steers	—	Medium and Large 2	484	140.28/cwt	130.00–146.00	679	17
Steers	—	Medium and Large 2	515	127.00/cwt	127.00–127.00	654	1
Steers	—	Medium and Large 1	526	133.90/cwt	130.00–142.00	704	6
Steers	—	Medium and Large 1	567	134.01/cwt	133.00–135.00	760	3
Steers	—	Medium and Large 2	567	126.76/cwt	126.00–127.00	719	4
Steers	—	Medium and Large 1	630	127.82/cwt	123.00–131.00	805	7
Steers	—	Medium and Large 2	645	122.00/cwt	122.00–122.00	787	1
Steers	—	Medium and Large 2	663	120.00/cwt	119.00–121.00	796	2
Steers	—	Medium and Large 1	678	125.03/cwt	122.00–127.00	848	4
Steers	—	Medium and Large 1	713	121.73/cwt	119.00–126.00	868	4
Steers	—	Medium and Large 2	735	108.99/cwt	108.00–110.00	801	2
Steers	—	Medium and Large 2	760	116.00/cwt	116.00–116.00	882	1
Steers	—	Medium and Large 1	813	118.00/cwt	118.00–118.00	959	3
Feeder Cattle · Heifers20 lots · lightest first
Heifers	—	Medium and Large 2	300	130.00/cwt	130.00–130.00	390	1
Heifers	—	Medium and Large 1	322	137.02/cwt	133.00–140.00	441	3
Heifers	—	Medium and Large 1	370	136.00/cwt	136.00–136.00	503	2
Heifers	—	Medium and Large 2	385	130.00/cwt	130.00–130.00	501	1
Heifers	—	Medium and Large 1	428	129.31/cwt	128.00–130.00	553	3
Heifers	—	Medium and Large 2	428	120.00/cwt	120.00–120.00	514	2
Heifers	—	Medium and Large 1	458	124.24/cwt	122.00–125.00	569	4
Heifers	—	Medium and Large 2	478	118.20/cwt	115.00–120.00	565	4
Heifers	—	Medium and Large 2	520	117.17/cwt	112.00–120.00	609	7
Heifers	—	Medium and Large 1	523	122.14/cwt	121.00–125.00	639	11
Heifers	—	Medium and Large 3	525	100.00/cwt	100.00–100.00	525	1
Heifers	—	Medium and Large 2	569	118.80/cwt	117.00–120.00	676	5
Heifers	—	Medium and Large 1	581	121.00/cwt	121.00–121.00	703	5
Heifers	—	Medium and Large 1	623	121.52/cwt	120.00–123.00	757	4
Heifers	—	Medium and Large 2	630	114.49/cwt	114.00–115.00	721	2
Heifers	—	Medium and Large 1	672	121.00/cwt	121.00–121.00	813	4
Heifers	—	Medium and Large 2	678	112.50/cwt	112.00–113.00	763	2
Heifers	—	Medium and Large 1	703	118.01/cwt	115.00–121.00	830	2
Heifers	—	Medium and Large 1	793	116.00/cwt	115.00–117.00	920	2
Heifers	—	Medium and Large 1	828	112.04/cwt	110.00–114.00	928	2
Feeder Cattle · Bulls13 lots · lightest first
Bulls	—	Medium and Large 1	420	142.00/cwt	142.00–142.00	596	1
Bulls	—	Medium and Large 2	420	124.43/cwt	119.00–130.00	523	2
Bulls	—	Medium and Large 1	473	141.48/cwt	140.00–143.00	669	2
Bulls	—	Medium and Large 2	478	119.55/cwt	114.00–125.00	571	3
Bulls	—	Medium and Large 1	515	120.00/cwt	120.00–120.00	618	1
Bulls	—	Medium and Large 2	535	114.00/cwt	114.00–114.00	610	1
Bulls	—	Medium and Large 1	558	120.51/cwt	120.00–121.00	672	2
Bulls	—	Medium and Large 2	568	112.73/cwt	110.00–116.00	640	3
Bulls	—	Medium and Large 1	608	112.50/cwt	112.00–113.00	684	2
Bulls	—	Medium and Large 2	625	100.00/cwt	100.00–100.00	625	1
Bulls	—	Medium and Large 1	655	110.00/cwt	110.00–110.00	721	1
Bulls	—	Medium and Large 2	740	100.00/cwt	100.00–100.00	740	1
Bulls	—	Medium and Large 1	900	91.00/cwt	91.00–91.00	819	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,248	75.02/cwt	74.00–76.00	936	2
Bulls	—	—	1,728	87.65/cwt	86.00–88.50	1,515	3
Slaughter Cattle · Cows3 lots · lightest first
Cows	—	Lean 85-90%	1,013	44.54/cwt	42.50–46.50	451	6
Cows	—	Boner 80-85%	1,020	55.84/cwt	55.50–56.00	570	3
Cows	—	Lean 85-90%	1,061	51.07/cwt	49.00–53.50	542	13
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 2	960	700.00/cwt	700.00–700.00	6,720	1
Bred Cows	—	Medium and Large 2	1,415	850.00/cwt	850.00–850.00	12,028	1
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,235	1,027.02/cwt	940.00–1,075.00	12,684	6
Cow-Calf Pairs	—	Medium and Large 2	1,405	1,140.00/cwt	1,140.00–1,140.00	16,017	2

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.

Mississippi feeder prices, every weight →Every state and region →

Meridian Stockyard - Meridian, MS

Mon Aug 17, 2020

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Jackson, MS (LS-JK)

Feeder CattleReceipts 323Last week 340Year ago 0

Slaughter CattleReceipts 36Last week 31Year ago 0

Replacement CattleReceipts 44Last week 57Year ago 0

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

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
13	—	1,061	49.00–53.50	51.07
6	—	1,013	42.50–46.50	44.54

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,020	55.50–56.00	55.84

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,728	86.00–88.50	87.65
2	—	1,248	74.00–76.00	75.02

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	630	114.00–115.00	114.49
2	—	428	120.00	120.00
1	—	385	130.00	130.00
1	—	300	130.00	130.00
7	—	520	112.00–120.00	117.17
5	—	569	117.00–120.00	118.80
4	—	478	115.00–120.00	118.20
2	—	678	112.00–113.00	112.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
11	—	523	121.00–125.00	122.14
5	—	581	121.00	121.00
4	—	672	121.00	121.00
4	—	623	120.00–123.00	121.52
4	—	458	122.00–125.00	124.24
3	—	428	128.00–130.00	129.31
3	—	322	133.00–140.00	137.02
2	—	828	110.00–114.00	112.04
2	—	793	115.00–117.00	116.00
2	—	703	115.00–121.00	118.01
2	—	370	136.00	136.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	525	100.00	100.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
3	—	568	110.00–116.00	112.73
3	—	478	114.00–125.00	119.55
2	—	420	119.00–130.00	124.43
1	—	740	100.00	100.00
1	—	625	100.00	100.00
1	—	535	114.00	114.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	608	112.00–113.00	112.50
2	—	558	120.00–121.00	120.51
2	—	473	140.00–143.00	141.48
1	—	900	91.00	91.00
1	—	655	110.00	110.00
1	—	515	120.00	120.00
1	—	420	142.00	142.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
6	—	375	147.00–150.00	149.02
2	—	333	148.00–151.00	149.44
1	—	475	129.00	129.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
17	—	484	130.00–146.00	140.28
4	—	567	126.00–127.00	126.76
2	—	735	108.00–110.00	108.99
2	—	663	119.00–121.00	120.00
1	—	760	116.00	116.00
1	—	645	122.00	122.00
1	—	515	127.00	127.00
1	—	370	155.00	155.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
7	—	630	123.00–131.00	127.82
6	—	526	130.00–142.00	133.90
5	—	414	149.00–159.00	153.10
4	—	713	119.00–126.00	121.73
4	—	678	122.00–127.00	125.03
3	—	813	118.00	118.00
3	—	567	133.00–135.00	134.01
2	—	383	160.00	160.00
2	—	315	159.00–169.00	164.16
2	—	290	164.00–165.00	164.51

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	1st/2nd Stage (1-6 mo)	1	—	960	700.00	700.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,415	850.00	850.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	6	—	1,235	940.00–1,075.00	1,027.02
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,405	1,140.00	1,140.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.