Sale reports / Mississippi / Meridian Livestock Auction / 2020-10-05

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 5
● Final60 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
402 head
▲ 54 vs last sale 348▲ 31 vs year ago 371 · +8.4%
Slaughter Cattle receipts
75 head
▲ 0 vs last sale 75▲ 25 vs year ago 50 · +50.0%
Replacement Cattle receipts
253 head
▲ 214 vs last sale 39▲ 231 vs year ago 22 · +1,050.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves 2.00-4.00 lower. 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 $126.55/cwt on 79 head.
Average price
$126.55
79 head · 510 lb average
Value per head Derived
$645
Price × average weight ÷ 100
Grade differential Derived
−$190
per head · Medium and Large 3 over Medium and Large 1
$7.34/cwt at this weight
vs the market
−4.91
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 3390130.295086thin
Medium and Large 2470129.6261036
Medium and Large 1567122.9569737
One grade step is worth $7.34/cwt here — about −$190 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 sale79 hd
126.55
—
MS average13 barns · 1,427 hd
131.45
−4.91
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—Average1,43583.611,2002thin
CowsBoner 80-85%Average1,20250.3160514
CowsBreaker 75-80%Average1,38044.426132thin
CowsLean 85-90%Low98643.3142712

Every lot

60 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 · Steers19 lots · lightest first
Steers—Medium and Large 1300150.00/cwt150.00–150.004501
Steers—Medium and Large 2322145.26/cwt141.00–148.004686
Steers—Medium and Large 3323135.86/cwt134.00–138.004392
Steers—Medium and Large 2378142.17/cwt140.00–147.005376
Steers—Medium and Large 3378134.51/cwt133.00–136.005082
Steers—Medium and Large 1418141.44/cwt139.00–148.005915
Steers—Medium and Large 2449135.00/cwt135.00–135.006065
Steers—Medium and Large 3468120.51/cwt120.00–121.005642
Steers—Medium and Large 2486130.78/cwt128.00–134.006365
Steers—Medium and Large 2510117.00/cwt117.00–117.005971
Steers—Medium and Large 1514122.48/cwt120.00–126.006308
Steers—Medium and Large 2572115.81/cwt112.00–118.0066211
Steers—Medium and Large 1575120.74/cwt118.00–122.006948
Steers—Medium and Large 1620118.02/cwt114.00–120.007327
Steers—Medium and Large 2630111.02/cwt110.00–112.006992
Steers—Medium and Large 1651116.20/cwt116.00–117.007565
Steers—Medium and Large 1700115.00/cwt115.00–115.008051
Steers—Medium and Large 1785114.00/cwt114.00–114.008951
Steers—Medium and Large 1800110.00/cwt110.00–110.008801
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 2326118.88/cwt116.00–122.003887
Heifers—Medium and Large 2363118.29/cwt114.00–123.004299
Heifers—Medium and Large 1419118.51/cwt113.00–121.004978
Heifers—Medium and Large 2431111.48/cwt107.00–117.004804
Heifers—Medium and Large 1465121.38/cwt119.00–125.005643
Heifers—Medium and Large 2469110.33/cwt105.00–117.005178
Heifers—Medium and Large 3490101.00/cwt101.00–101.004951
Heifers—Medium and Large 1510119.00/cwt119.00–119.006071
Heifers—Medium and Large 2520106.61/cwt101.00–110.0055416
Heifers—Medium and Large 352099.00/cwt99.00–99.005151
Heifers—Medium and Large 2580103.26/cwt100.00–106.005993
Heifers—Medium and Large 358593.00/cwt93.00–93.005441
Heifers—Medium and Large 1590110.00/cwt110.00–110.006491
Heifers—Medium and Large 1625105.47/cwt100.00–109.006599
Heifers—Medium and Large 179095.00/cwt95.00–95.007514
Feeder Cattle · Bulls11 lots · lightest first
Bulls—Medium and Large 1427127.04/cwt120.00–130.0054210
Bulls—Medium and Large 1490123.00/cwt123.00–123.006031
Bulls—Medium and Large 252098.00/cwt98.00–98.005101
Bulls—Medium and Large 1528110.75/cwt110.00–112.005854
Bulls—Medium and Large 1558111.00/cwt110.00–112.006192
Bulls—Medium and Large 2565101.00/cwt101.00–101.005711
Bulls—Medium and Large 161498.21/cwt95.00–105.006034
Bulls—Medium and Large 267090.00/cwt90.00–90.006032
Bulls—Medium and Large 169596.00/cwt96.00–96.006671
Bulls—Medium and Large 172594.00/cwt94.00–94.006821
Bulls—Medium and Large 185091.00/cwt91.00–91.007741
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,43583.61/cwt82.50–85.001,2002
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%72539.50/cwt39.50–39.502861
Cows—Lean 85-90%1,01043.66/cwt40.00–49.5044111
Cows—Boner 80-85%1,20250.31/cwt46.00–54.5060514
Cows—Breaker 75-80%1,38044.42/cwt42.00–47.006132
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 21,090800.00/cwt800.00–800.008,7201
Bred Cows—Medium and Large 21,134839.82/cwt790.00–890.009,5245
Bred Cows—Medium and Large 11,1751,262.55/cwt1,100.00–1,370.0014,8355
Bred Cows—Medium and Large 11,2881,093.50/cwt970.00–1,210.0014,0842
Bred Cows—Medium and Large 11,3101,039.03/cwt875.00–1,260.0013,61112
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 21,145984.28/cwt850.00–1,100.0011,2704
Cow-Calf Pairs—Medium and Large 11,2951,225.00/cwt1,225.00–1,225.0015,8642
Cow-Calf Pairs—Medium and Large 11,5501,350.00/cwt1,350.00–1,350.0020,9252
Cow-Calf Pairs—Medium and Large 11,5731,288.43/cwt1,270.00–1,300.0020,2676
Cow-Calf Pairs—Medium and Large 11,5971,296.21/cwt1,200.00–1,420.0020,70014

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.