Sale reports / Mississippi / Meridian Livestock Auction / 2020-10-26

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-10-26
Creator: RaisedBeef
Published: 2020-10-26

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Oct 26

● Final52 lots reportedUSDA AMS · slug 2112

← Oct 19Oct 26Nov 2 →

Feeder Cattle receipts

259 head

▼ 240 vs last sale 499▼ 117 vs year ago 376 · −31.1%

Slaughter Cattle receipts

41 head

▲ 1 vs last sale 40▲ 28 vs year ago 13 · +215.4%

Replacement Cattle receipts

38 head

▼ 11 vs last sale 49▲ 15 vs year ago 23 · +65.2%

View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves steers were 3-5 higher, and heifers were 5-7 higher. Slaughter cows and bulls were steady.

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 $120.79/cwt on 79 head.

Average price

$120.79

79 head · 527 lb average

Value per head Derived

$637

Price × average weight ÷ 100

Grade differential Derived

−$156

per head · Medium and Large 3 over Medium and Large 1

$10.70/cwt at this weight

vs the market

−5.94

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 3	394	128.54	506	7thin
Medium and Large 2	510	122.94	627	31
Medium and Large 1	562	117.83	663	41

One grade step is worth $10.70/cwt here — about −$156 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

120.79

—

MS average13 barns · 1,025 hd

126.72

−5.94

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	1,885	79.13	1,492	2thin
Cows	Boner 80-85%	Average	1,257	48.13	605	11
Cows	Lean 85-90%	Very Low	1,018	38.90	396	16

Every lot

52 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 · Steers15 lots · lightest first
Steers	—	Medium and Large 1	330	152.00/cwt	152.00–152.00	502	1
Steers	—	Medium and Large 3	345	131.00/cwt	131.00–131.00	452	1
Steers	—	Medium and Large 3	368	132.69/cwt	130.00–136.00	488	4
Steers	—	Medium and Large 1	372	150.33/cwt	150.00–151.00	559	3
Steers	—	Medium and Large 2	375	143.20/cwt	139.00–149.00	537	7
Steers	—	Medium and Large 1	434	140.48/cwt	140.00–142.00	610	4
Steers	—	Medium and Large 2	435	129.96/cwt	128.00–136.00	565	4
Steers	—	Medium and Large 3	470	119.00/cwt	114.00–124.00	559	2
Steers	—	Medium and Large 2	476	127.76/cwt	123.00–133.00	608	4
Steers	—	Medium and Large 1	525	116.53/cwt	115.00–121.00	612	12
Steers	—	Medium and Large 2	597	111.12/cwt	108.00–114.00	663	16
Steers	—	Medium and Large 1	621	108.45/cwt	103.00–110.00	673	13
Steers	—	Medium and Large 1	669	109.60/cwt	109.00–110.00	733	5
Steers	—	Medium and Large 1	705	104.00/cwt	99.00–109.00	733	2
Steers	—	Medium and Large 1	750	102.00/cwt	102.00–102.00	765	1
Feeder Cattle · Heifers17 lots · lightest first
Heifers	—	Medium and Large 2	305	115.00/cwt	115.00–115.00	351	1
Heifers	—	Medium and Large 1	328	132.65/cwt	127.00–135.00	435	5
Heifers	—	Medium and Large 2	376	122.32/cwt	119.00–125.00	460	4
Heifers	—	Medium and Large 1	384	129.51/cwt	127.00–133.00	497	4
Heifers	—	Medium and Large 1	410	125.85/cwt	120.00–134.00	516	3
Heifers	—	Medium and Large 2	420	108.12/cwt	103.00–113.00	454	2
Heifers	—	Medium and Large 3	440	95.00/cwt	95.00–95.00	418	1
Heifers	—	Medium and Large 1	450	125.00/cwt	125.00–125.00	563	1
Heifers	—	Medium and Large 3	463	97.51/cwt	95.00–100.00	451	2
Heifers	—	Medium and Large 2	480	108.19/cwt	102.00–114.00	519	2
Heifers	—	Medium and Large 2	505	102.00/cwt	102.00–102.00	515	1
Heifers	—	Medium and Large 1	513	113.99/cwt	111.00–117.00	585	2
Heifers	—	Medium and Large 3	513	95.49/cwt	94.00–97.00	490	2
Heifers	—	Medium and Large 3	572	95.71/cwt	94.00–99.00	547	3
Heifers	—	Medium and Large 1	623	95.34/cwt	95.00–96.00	594	3
Heifers	—	Medium and Large 1	690	93.00/cwt	93.00–93.00	642	1
Heifers	—	Medium and Large 1	718	97.01/cwt	95.00–99.00	697	2
Feeder Cattle · Bulls10 lots · lightest first
Bulls	—	Medium and Large 2	435	113.98/cwt	113.00–115.00	496	2
Bulls	—	Medium and Large 1	440	123.00/cwt	123.00–123.00	541	1
Bulls	—	Medium and Large 1	463	121.98/cwt	119.00–125.00	565	2
Bulls	—	Medium and Large 2	475	115.32/cwt	115.00–116.00	548	3
Bulls	—	Medium and Large 3	505	99.00/cwt	99.00–99.00	500	1
Bulls	—	Medium and Large 1	510	115.52/cwt	113.00–118.00	589	2
Bulls	—	Medium and Large 2	515	103.00/cwt	103.00–103.00	530	2
Bulls	—	Medium and Large 3	585	90.49/cwt	90.00–91.00	529	2
Bulls	—	Medium and Large 2	623	92.52/cwt	91.00–94.00	576	2
Bulls	—	Medium and Large 2	705	90.00/cwt	90.00–90.00	635	1
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,885	79.13/cwt	79.00–79.25	1,492	2
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	880	27.03/cwt	25.00–28.50	238	2
Cows	—	Lean 85-90%	1,002	35.68/cwt	33.50–37.00	358	5
Cows	—	Lean 85-90%	1,058	43.32/cwt	40.00–45.00	458	9
Cows	—	Boner 80-85%	1,257	48.13/cwt	46.50–49.75	605	11
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,063	1,022.13/cwt	825.00–1,180.00	10,865	4
Cow-Calf Pairs	—	Medium and Large 2	1,235	900.00/cwt	900.00–900.00	11,115	2
Cow-Calf Pairs	—	Medium and Large 2	1,505	950.00/cwt	950.00–950.00	14,298	2
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 2	964	734.10/cwt	710.00–760.00	7,077	4
Bred Cows	—	Medium and Large 2	1,075	730.00/cwt	730.00–730.00	7,848	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 26, 2020

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

Feeder CattleReceipts 259Last week 499Year ago 376

Slaughter CattleReceipts 41Last week 40Year ago 13

Replacement CattleReceipts 38Last week 49Year ago 23

Good day, as compared to last market feeder calves steers were 3-5 higher, and heifers were 5-7 higher. Slaughter cows and bulls were steady.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
2	—	623	91.00–94.00	92.52
2	—	435	113.00–115.00	113.98
3	—	475	115.00–116.00	115.32
2	—	515	103.00	103.00
1	—	705	90.00	90.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	463	119.00–125.00	121.98
2	—	510	113.00–118.00	115.52
1	—	440	123.00	123.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
2	—	585	90.00–91.00	90.49
1	—	505	99.00	99.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	410	120.00–134.00	125.85
3	—	623	95.00–96.00	95.34
2	—	513	111.00–117.00	113.99
1	—	690	93.00	93.00
1	—	450	125.00	125.00
4	—	384	127.00–133.00	129.51
2	—	718	95.00–99.00	97.01
5	—	328	127.00–135.00	132.65

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	420	103.00–113.00	108.12
4	—	376	119.00–125.00	122.32
2	—	480	102.00–114.00	108.19
1	—	505	102.00	102.00
1	—	305	115.00	115.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	513	94.00–97.00	95.49
3	—	572	94.00–99.00	95.71
1	—	440	95.00	95.00
2	—	463	95.00–100.00	97.51

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
4	—	434	140.00–142.00	140.48
3	—	372	150.00–151.00	150.33
5	—	669	109.00–110.00	109.60
2	—	705	99.00–109.00	104.00
13	—	621	103.00–110.00	108.45
1	—	330	152.00	152.00
12	—	525	115.00–121.00	116.53
1	—	750	102.00	102.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
4	—	368	130.00–136.00	132.69
2	—	470	114.00–124.00	119.00
1	—	345	131.00	131.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
16	—	597	108.00–114.00	111.12
4	—	435	128.00–136.00	129.96
7	—	375	139.00–149.00	143.20
4	—	476	123.00–133.00	127.76

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)	1st Stage (1-3 mo)	2	—	1,235	900.00	900.00
Young (2-4 yrs)	Open	4	—	1,063	825.00–1,180.00	1,022.13
Middle Aged (5-8 yrs)	Open	2	—	1,505	950.00	950.00

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)	1st/2nd Stage (1-6 mo)	1	—	1,075	730.00	730.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	4	—	964	710.00–760.00	734.10

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	880	25.00–28.50	27.03
5	—	1,002	33.50–37.00	35.68
9	—	1,058	40.00–45.00	43.32

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
11	—	1,257	46.50–49.75	48.13

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,885	79.00–79.25	79.13

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.