Sale reports / Mississippi / Meridian Livestock Auction / 2020-09-14

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 14
● Final57 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
239 head
▼ 96 vs last sale 335▲ 239 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
47 head
▼ 16 vs last sale 63▲ 47 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
30 head
▼ 284 vs last sale 314▲ 30 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 steady.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.72/cwt on 59 head.
Average price
$137.72
59 head · 484 lb average
Value per head Derived
$667
Price × average weight ÷ 100
Grade differential Derived
−$53
per head · Medium and Large 2 over Medium and Large 3
$25.00/cwt at this weight
vs the market
+3.05
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2442140.0061927
Medium and Large 1517136.4770631
Medium and Large 3585115.006731thin
One grade step is worth $25.00/cwt here — about −$53 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 sale59 hd
137.72
—
MS average13 barns · 875 hd
134.67
+3.05
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—Average1,74587.671,5304thin
CowsBoner 80-85%Average1,21559.4172215
CowsBreaker 75-80%Average1,44053.507701thin
CowsLean 85-90%Average1,04548.1950416

Every lot

57 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 · Steers18 lots · lightest first
Steers—Medium and Large 2235153.00/cwt153.00–153.003601
Steers—Medium and Large 2260153.06/cwt150.00–156.003982
Steers—Medium and Large 1293162.49/cwt161.00–164.004762
Steers—Medium and Large 2335154.00/cwt154.00–154.005161
Steers—Medium and Large 1350163.00/cwt163.00–163.005711
Steers—Medium and Large 2382152.04/cwt147.00–156.005817
Steers—Medium and Large 1426148.63/cwt142.00–152.006336
Steers—Medium and Large 2435139.49/cwt139.00–140.006072
Steers—Medium and Large 1470143.68/cwt142.00–145.006753
Steers—Medium and Large 2476138.10/cwt133.00–143.006577
Steers—Medium and Large 1528132.79/cwt128.00–136.007016
Steers—Medium and Large 2533125.48/cwt124.00–127.006692
Steers—Medium and Large 1580132.32/cwt130.00–134.007673
Steers—Medium and Large 2583121.20/cwt119.00–124.007075
Steers—Medium and Large 3585115.00/cwt115.00–115.006731
Steers—Medium and Large 1605123.38/cwt120.00–125.007468
Steers—Medium and Large 1680120.00/cwt120.00–120.008161
Steers—Medium and Large 1700119.00/cwt119.00–119.008331
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 2318129.33/cwt123.00–135.004112
Heifers—Medium and Large 2373130.64/cwt128.00–134.004875
Heifers—Medium and Large 1380145.00/cwt145.00–145.005511
Heifers—Medium and Large 1419123.21/cwt119.00–130.005164
Heifers—Medium and Large 2420116.51/cwt116.00–117.004892
Heifers—Medium and Large 2465116.00/cwt116.00–116.005391
Heifers—Medium and Large 1467120.34/cwt119.00–122.005623
Heifers—Medium and Large 1521113.21/cwt110.00–120.0059010
Heifers—Medium and Large 2545110.00/cwt110.00–110.006001
Heifers—Medium and Large 1550113.00/cwt113.00–113.006221
Heifers—Medium and Large 2578102.72/cwt101.00–106.005944
Heifers—Medium and Large 1-2598128.00/cwt128.00–128.0076510
Heifers—Medium and Large 2613104.34/cwt103.00–105.006403
Heifers—Medium and Large 1617109.30/cwt106.00–115.006743
Heifers—Medium and Large 1655105.00/cwt105.00–105.006881
Heifers—Medium and Large 2666102.99/cwt100.00–105.006866
Heifers—Medium and Large 2700104.00/cwt104.00–104.007281
Feeder Cattle · Bulls12 lots · lightest first
Bulls—Medium and Large 1445130.00/cwt130.00–130.005791
Bulls—Medium and Large 1475127.34/cwt125.00–131.006053
Bulls—Medium and Large 3480112.00/cwt112.00–112.005381
Bulls—Medium and Large 2525109.00/cwt109.00–109.005723
Bulls—Medium and Large 1540117.00/cwt117.00–117.006321
Bulls—Medium and Large 1567113.04/cwt110.00–115.006413
Bulls—Medium and Large 2575106.95/cwt105.00–109.006152
Bulls—Medium and Large 1608109.97/cwt106.00–113.006694
Bulls—Medium and Large 2635105.00/cwt105.00–105.006671
Bulls—Medium and Large 2685101.00/cwt101.00–101.006921
Bulls—Medium and Large 277096.00/cwt96.00–96.007391
Bulls—Medium and Large 295093.00/cwt93.00–93.008841
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,69084.00/cwt84.00–84.001,4201
Bulls——1,76388.89/cwt88.50–89.501,5673
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%93141.20/cwt37.00–43.503846
Cows—Lean 85-90%1,11452.39/cwt48.00–55.0058410
Cows—Boner 80-85%1,21559.41/cwt56.50–64.0072215
Cows—Breaker 75-80%1,44053.50/cwt53.50–53.507701
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 2920710.00/cwt710.00–710.006,5321
Bred Cows—Medium and Large 2958900.13/cwt700.00–1,050.008,6232
Bred Cows—Medium and Large 21,115780.00/cwt780.00–780.008,6971
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,0501,130.00/cwt1,130.00–1,130.0011,8652

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.