Sale reports / Mississippi / Meridian Livestock Auction / 2020-10-19

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-10-19
Creator: RaisedBeef
Published: 2020-10-19

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 19

● Final48 lots reportedUSDA AMS · slug 2112

← Oct 12Oct 19Oct 26 →

Feeder Cattle receipts

499 head

▲ 211 vs last sale 288▼ 5 vs year ago 504 · −1.0%

Slaughter Cattle receipts

40 head

▲ 18 vs last sale 22▼ 24 vs year ago 64 · −37.5%

Replacement Cattle receipts

49 head

▲ 34 vs last sale 15▼ 30 vs year ago 79 · −38.0%

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Reporter comment USDA

As filed

Good day, as compared to last market slaughter cows and bulls 2-5 lower. Feeder calves were 3-5 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 $116.34/cwt on 118 head.

Average price

$116.34

118 head · 607 lb average

Value per head Derived

$706

Price × average weight ÷ 100

Grade differential Derived

$112

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

$4.66/cwt at this weight

vs the market

−12.81

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	618	117.05	723	100
Medium and Large 2	544	112.39	611	18thin

One grade step is worth $4.66/cwt here — about $112 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 sale118 hd

116.34

—

MS average13 barns · 1,050 hd

129.15

−12.81

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	—	Low	1,638	64.94	1,064	9thin
Cows	Boner 80-85%	Average	1,024	48.46	496	7thin
Cows	Breaker 75-80%	Average	1,585	41.41	656	2thin
Cows	Lean 85-90%	Very Low	1,146	38.29	439	7thin

Every lot

48 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 · Steers16 lots · lightest first
Steers	—	Medium and Large 1	323	150.40/cwt	149.00–152.00	486	3
Steers	—	Medium and Large 2	330	140.00/cwt	140.00–140.00	462	1
Steers	—	Medium and Large 1	360	154.00/cwt	154.00–154.00	554	1
Steers	—	Medium and Large 2	373	130.00/cwt	130.00–130.00	485	2
Steers	—	Medium and Large 1	428	127.18/cwt	124.00–131.00	544	4
Steers	—	Medium and Large 1	470	122.00/cwt	122.00–122.00	573	1
Steers	—	Medium and Large 2	470	118.00/cwt	118.00–118.00	555	1
Steers	—	Medium and Large 1	512	116.60/cwt	111.00–118.00	597	8
Steers	—	Medium and Large 2	537	108.68/cwt	101.00–113.00	584	6
Steers	—	Medium and Large 2	578	107.98/cwt	105.00–110.00	624	5
Steers	—	Medium and Large 1	582	115.14/cwt	115.00–116.00	670	7
Steers	—	Medium and Large 1	600	105.00/cwt	105.00–105.00	630	1
Steers	—	Medium and Large 2	625	108.00/cwt	108.00–108.00	675	1
Steers	—	Medium and Large 1	660	115.00/cwt	115.00–115.00	759	75
Steers	—	Medium and Large 2	720	105.00/cwt	105.00–105.00	756	1
Steers	—	Medium and Large 2	790	100.00/cwt	100.00–100.00	790	1
Feeder Cattle · Heifers15 lots · lightest first
Heifers	—	Medium and Large 2	340	114.00/cwt	114.00–114.00	388	1
Heifers	—	Medium and Large 2	364	115.00/cwt	113.00–118.00	419	4
Heifers	—	Medium and Large 1	370	124.00/cwt	124.00–124.00	459	1
Heifers	—	Medium and Large 1	420	117.45/cwt	115.00–119.00	493	4
Heifers	—	Medium and Large 2	445	102.00/cwt	98.00–106.00	454	2
Heifers	—	Medium and Large 2	480	104.83/cwt	103.00–107.00	503	6
Heifers	—	Medium and Large 1	526	106.42/cwt	101.00–109.00	560	16
Heifers	—	Medium and Large 1	562	104.00/cwt	101.00–107.00	584	3
Heifers	—	Medium and Large 2	570	97.98/cwt	96.00–99.00	558	4
Heifers	—	Medium and Large 1	623	104.71/cwt	101.00–106.00	652	29
Heifers	—	Medium and Large 2	645	90.00/cwt	90.00–90.00	581	1
Heifers	—	Medium and Large 1	669	101.00/cwt	101.00–101.00	676	11
Heifers	—	Medium and Large 2	690	97.00/cwt	97.00–97.00	669	1
Heifers	—	Medium and Large 1	710	102.00/cwt	102.00–102.00	724	1
Heifers	—	Medium and Large 2	763	91.01/cwt	90.00–96.00	694	6
Feeder Cattle · Bulls7 lots · lightest first
Bulls	—	Medium and Large 2	430	108.31/cwt	107.00–109.00	466	3
Bulls	—	Medium and Large 1	435	122.00/cwt	122.00–122.00	531	1
Bulls	—	Medium and Large 1	465	119.00/cwt	119.00–119.00	553	1
Bulls	—	Medium and Large 2	483	105.80/cwt	102.00–110.00	511	5
Bulls	—	Medium and Large 1	560	102.00/cwt	102.00–102.00	571	1
Bulls	—	Medium and Large 2	590	95.00/cwt	95.00–95.00	561	1
Bulls	—	Medium and Large 2	608	91.99/cwt	90.00–95.00	559	4
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,507	50.29/cwt	48.00–53.00	758	3
Bulls	—	—	1,703	72.27/cwt	70.00–76.00	1,231	6
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	995	28.15/cwt	26.00–30.00	280	2
Cows	—	Boner 80-85%	1,024	48.46/cwt	47.00–51.00	496	7
Cows	—	Lean 85-90%	1,207	42.35/cwt	40.00–45.00	511	5
Cows	—	Breaker 75-80%	1,585	41.41/cwt	40.00–43.00	656	2
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,255	943.90/cwt	870.00–1,020.00	11,846	8
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 1	863	910.00/cwt	910.00–910.00	7,853	2
Bred Cows	—	Medium and Large 2	1,183	752.45/cwt	700.00–780.00	8,901	3
Bred Cows	—	Medium and Large 1	1,300	960.00/cwt	960.00–960.00	12,480	1

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 Oct 19, 2020

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

Feeder CattleReceipts 499Last week 288Year ago 504

Slaughter CattleReceipts 40Last week 22Year ago 64

Replacement CattleReceipts 49Last week 15Year ago 79

Good day, as compared to last market slaughter cows and bulls 2-5 lower. Feeder calves were 3-5 lower.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	370	124.00	124.00
1	—	710	102.00	102.00
4	—	420	115.00–119.00	117.45
29	—	623	101.00–106.00	104.71
3	—	562	101.00–107.00	104.00
16	—	526	101.00–109.00	106.42
11	—	669	101.00	101.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	445	98.00–106.00	102.00
6	—	763	90.00–96.00	91.01
6	—	480	103.00–107.00	104.83
4	—	570	96.00–99.00	97.98
1	—	340	114.00	114.00
4	—	364	113.00–118.00	115.00
1	—	645	90.00	90.00
1	—	690	97.00	97.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	360	154.00	154.00
1	—	470	122.00	122.00
1	—	600	105.00	105.00
8	—	512	111.00–118.00	116.60
75	—	660	115.00	115.00
3	—	323	149.00–152.00	150.40
4	—	428	124.00–131.00	127.18
7	—	582	115.00–116.00	115.14

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	373	130.00	130.00
6	—	537	101.00–113.00	108.68
5	—	578	105.00–110.00	107.98
1	—	470	118.00	118.00
1	—	330	140.00	140.00
1	—	720	105.00	105.00
1	—	790	100.00	100.00
1	—	625	108.00	108.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	435	122.00	122.00
1	—	465	119.00	119.00
1	—	560	102.00	102.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
5	—	483	102.00–110.00	105.80
4	—	608	90.00–95.00	91.99
3	—	430	107.00–109.00	108.31
1	—	590	95.00	95.00

Replacement Cattle

As reported

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	8	—	1,255	870.00–1,020.00	943.90

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,300	960.00	960.00
Young (2-4 yrs)	1st Stage (1-3 mo)	2	—	863	910.00	910.00

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)	3	—	1,183	700.00–780.00	752.45

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	995	26.00–30.00	28.15
5	—	1,207	40.00–45.00	42.35

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,585	40.00–43.00	41.41

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
7	—	1,024	47.00–51.00	48.46

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,507	48.00–53.00	50.29
6	—	1,703	70.00–76.00	72.27

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.