Sale reports / Mississippi / Meridian Livestock Auction / 2020-09-28

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-09-28
Creator: RaisedBeef
Published: 2020-09-28

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Sep 28

● Final51 lots reportedUSDA AMS · slug 2112

← Sep 21Sep 28Oct 5 →

Feeder Cattle receipts

348 head

▼ 23 vs last sale 371▲ 131 vs year ago 217 · +60.4%

Slaughter Cattle receipts

75 head

▲ 22 vs last sale 53▲ 16 vs year ago 59 · +27.1%

Replacement Cattle receipts

39 head

▲ 4 vs last sale 35▼ 6 vs year ago 45 · −13.3%

View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were 2.00-5.00 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 $132.11/cwt on 63 head.

Average price

$132.11

63 head · 510 lb average

Value per head Derived

$674

Price × average weight ÷ 100

Grade differential Derived

−$97

per head · Medium and Large 2 over Medium and Large 1

$3.24/cwt at this weight

vs the market

−2.70

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 2	456	134.17	612	23
Medium and Large 1	542	130.93	709	40

One grade step is worth $3.24/cwt here — about −$97 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 sale63 hd

132.11

—

MS average13 barns · 1,076 hd

134.82

−2.70

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	1,495	72.92	1,091	9thin
Cows	Boner 80-85%	Average	1,190	49.41	588	15
Cows	Breaker 75-80%	Average	1,220	48.47	591	2thin
Cows	Lean 85-90%	Low	1,023	40.21	411	20

Every lot

51 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 · Steers14 lots · lightest first
Steers	—	Medium and Large 1	313	163.04/cwt	162.00–164.00	510	2
Steers	—	Medium and Large 1	367	158.77/cwt	155.00–164.00	583	6
Steers	—	Medium and Large 2	375	146.29/cwt	144.00–150.00	549	7
Steers	—	Medium and Large 1	417	149.69/cwt	145.00–154.00	624	3
Steers	—	Medium and Large 2	427	138.32/cwt	135.00–143.00	591	6
Steers	—	Medium and Large 1	465	149.87/cwt	146.00–154.00	697	2
Steers	—	Medium and Large 2	468	140.34/cwt	140.00–141.00	657	3
Steers	—	Medium and Large 2	523	116.66/cwt	116.00–117.00	610	3
Steers	—	Medium and Large 1	533	125.21/cwt	119.00–134.00	667	8
Steers	—	Medium and Large 1	573	118.52/cwt	118.00–119.00	679	2
Steers	—	Medium and Large 2	583	115.24/cwt	113.00–116.00	672	4
Steers	—	Medium and Large 1	622	117.15/cwt	115.00–121.00	729	6
Steers	—	Medium and Large 1	675	115.31/cwt	113.00–117.00	778	10
Steers	—	Medium and Large 1	765	115.00/cwt	115.00–115.00	880	1
Feeder Cattle · Heifers17 lots · lightest first
Heifers	—	Medium and Large 2	327	121.03/cwt	120.00–122.00	396	3
Heifers	—	Medium and Large 1	329	129.19/cwt	128.00–130.00	425	5
Heifers	—	Medium and Large 2	369	123.03/cwt	120.00–125.00	454	5
Heifers	—	Medium and Large 1	370	131.07/cwt	126.00–136.00	485	4
Heifers	—	Medium and Large 1	405	117.66/cwt	115.00–120.00	477	3
Heifers	—	Medium and Large 2	434	111.01/cwt	108.00–113.00	482	5
Heifers	—	Medium and Large 1	450	117.50/cwt	117.00–118.00	529	2
Heifers	—	Medium and Large 2	461	109.55/cwt	107.00–112.00	505	5
Heifers	—	Medium and Large 3	470	105.00/cwt	105.00–105.00	494	1
Heifers	—	Medium and Large 2	518	104.79/cwt	101.00–110.00	543	10
Heifers	—	Medium and Large 1	566	114.70/cwt	112.00–123.00	649	4
Heifers	—	Medium and Large 2	567	103.36/cwt	100.00–110.00	586	5
Heifers	—	Medium and Large 3	575	95.00/cwt	95.00–95.00	546	1
Heifers	—	Medium and Large 1	613	99.01/cwt	96.00–102.00	607	2
Heifers	—	Medium and Large 1	663	98.01/cwt	96.00–100.00	650	2
Heifers	—	Medium and Large 1	740	97.00/cwt	97.00–97.00	718	1
Heifers	—	Medium and Large 1	830	96.00/cwt	96.00–96.00	797	1
Feeder Cattle · Bulls9 lots · lightest first
Bulls	—	Medium and Large 1	427	123.98/cwt	120.00–126.00	529	3
Bulls	—	Medium and Large 1	468	122.68/cwt	120.00–127.00	574	3
Bulls	—	Medium and Large 2	478	118.48/cwt	118.00–119.00	566	2
Bulls	—	Medium and Large 1	505	117.31/cwt	114.00–123.00	592	3
Bulls	—	Medium and Large 2	528	106.09/cwt	102.00–110.00	560	2
Bulls	—	Medium and Large 2	568	106.69/cwt	103.00–110.00	606	3
Bulls	—	Medium and Large 1	625	102.94/cwt	101.00–105.00	643	2
Bulls	—	Medium and Large 2	650	96.00/cwt	96.00–96.00	624	1
Bulls	—	Medium and Large 1	655	104.00/cwt	104.00–104.00	681	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,373	74.68/cwt	72.50–76.50	1,025	2
Bulls	—	—	1,458	64.63/cwt	61.00–68.00	942	4
Bulls	—	—	1,627	82.81/cwt	82.00–84.00	1,347	3
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	1,013	35.45/cwt	31.50–39.50	359	8
Cows	—	Lean 85-90%	1,030	43.39/cwt	40.00–46.00	447	12
Cows	—	Boner 80-85%	1,190	49.41/cwt	46.50–52.00	588	15
Cows	—	Breaker 75-80%	1,220	48.47/cwt	47.00–50.00	591	2
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 2	1,268	908.88/cwt	800.00–1,010.00	11,525	7
Bred Cows	—	Medium and Large 2	1,355	900.00/cwt	900.00–900.00	12,195	1
Bred Cows	—	Medium and Large 2	1,495	910.00/cwt	910.00–910.00	13,605	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,520	1,100.00/cwt	1,100.00–1,100.00	16,720	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 Sep 28, 2020

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

Feeder CattleReceipts 348Last week 371Year ago 217

Slaughter CattleReceipts 75Last week 53Year ago 59

Replacement CattleReceipts 39Last week 35Year ago 45

Compared to last week: Feeder calves were steady. Slaughter cows and bulls were 2.00-5.00 lower.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
10	—	518	101.00–110.00	104.79
3	—	327	120.00–122.00	121.03
5	—	461	107.00–112.00	109.55
5	—	567	100.00–110.00	103.36
5	—	369	120.00–125.00	123.03
5	—	434	108.00–113.00	111.01

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
2	—	663	96.00–100.00	98.01
4	—	566	112.00–123.00	114.70
2	—	450	117.00–118.00	117.50
2	—	613	96.00–102.00	99.01
1	—	830	96.00	96.00
5	—	329	128.00–130.00	129.19
1	—	740	97.00	97.00
4	—	370	126.00–136.00	131.07
3	—	405	115.00–120.00	117.66

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
1	—	470	105.00	105.00
1	—	575	95.00	95.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	650	96.00	96.00
2	—	478	118.00–119.00	118.48
2	—	528	102.00–110.00	106.09
3	—	568	103.00–110.00	106.69

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
3	—	505	114.00–123.00	117.31
3	—	468	120.00–127.00	122.68
3	—	427	120.00–126.00	123.98
2	—	625	101.00–105.00	102.94
1	—	655	104.00	104.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
3	—	523	116.00–117.00	116.66
6	—	427	135.00–143.00	138.32
7	—	375	144.00–150.00	146.29
4	—	583	113.00–116.00	115.24
3	—	468	140.00–141.00	140.34

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
2	—	573	118.00–119.00	118.52
6	—	622	115.00–121.00	117.15
6	—	367	155.00–164.00	158.77
2	—	465	146.00–154.00	149.87
3	—	417	145.00–154.00	149.69
2	—	313	162.00–164.00	163.04
10	—	675	113.00–117.00	115.31
1	—	765	115.00	115.00
8	—	533	119.00–134.00	125.21

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,373	72.50–76.50	74.68
4	—	1,458	61.00–68.00	64.63
3	—	1,627	82.00–84.00	82.81

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,013	31.50–39.50	35.45
12	—	1,030	40.00–46.00	43.39

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,220	47.00–50.00	48.47

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,190	46.50–52.00	49.41

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)	2nd Stage (4-6 mo)	7	—	1,268	800.00–1,010.00	908.88
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,495	910.00	910.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	1,355	900.00	900.00

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	2	—	1,520	1,100.00	1,100.00

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.