Sale reports / Mississippi / Meridian Livestock Auction / 2020-11-16

Meridian Livestock Auction

Name: Meridian Livestock Auction livestock auction prices — 2020-11-16
Creator: RaisedBeef
Published: 2020-11-16

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Nov 16

● Final59 lots reportedUSDA AMS · slug 2112

← Nov 9Nov 16Nov 30 →

Feeder Cattle receipts

392 head

▲ 99 vs last sale 293▼ 111 vs year ago 503 · −22.1%

Slaughter Cattle receipts

53 head

▼ 22 vs last sale 75▲ 36 vs year ago 17 · +211.8%

Replacement Cattle receipts

88 head

▲ 44 vs last sale 44▲ 68 vs year ago 20 · +340.0%

View

Reporter comment USDA

As filed

Good day, as compared to last market feeder calves seemed to be 3-7 higher and slaughter cows steady. No sales next week.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $117.77/cwt on 76 head.

Average price

$117.77

76 head · 527 lb average

Value per head Derived

$620

Price × average weight ÷ 100

Grade differential Derived

−$22

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

$14.63/cwt at this weight

vs the market

−4.07

vs MS average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	505	123.38	623	44
Medium and Large 3	484	112.55	545	11thin
Medium and Large 2	594	108.75	646	21

One grade step is worth $14.63/cwt here — about −$22 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 sale76 hd

117.77

—

MS average13 barns · 1,538 hd

121.84

−4.07

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	1,775	78.50	1,393	1thin
Cows	Boner 80-85%	Low	1,216	52.09	633	12
Cows	Lean 85-90%	Very Low	1,042	38.86	405	16

Every lot

59 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 · Steers17 lots · lightest first
Steers	—	Medium and Large 2	230	160.00/cwt	160.00–160.00	368	1
Steers	—	Medium and Large 2	258	160.00/cwt	160.00–160.00	413	2
Steers	—	Medium and Large 1	322	175.36/cwt	170.00–180.00	565	6
Steers	—	Medium and Large 2	340	160.00/cwt	160.00–160.00	544	1
Steers	—	Medium and Large 2	376	162.13/cwt	155.00–168.00	610	5
Steers	—	Medium and Large 1	390	170.00/cwt	170.00–170.00	663	1
Steers	—	Medium and Large 1	412	160.91/cwt	157.00–166.00	663	3
Steers	—	Medium and Large 2	438	153.59/cwt	150.00–155.00	673	7
Steers	—	Medium and Large 3	445	137.50/cwt	135.00–140.00	612	2
Steers	—	Medium and Large 3	460	140.00/cwt	140.00–140.00	644	1
Steers	—	Medium and Large 2	475	150.01/cwt	146.00–152.00	713	4
Steers	—	Medium and Large 1	523	139.10/cwt	134.00–145.00	727	4
Steers	—	Medium and Large 1	560	140.00/cwt	140.00–140.00	784	1
Steers	—	Medium and Large 2	585	125.49/cwt	125.00–126.00	734	2
Steers	—	Medium and Large 3	595	119.00/cwt	119.00–119.00	708	2
Steers	—	Medium and Large 2	600	110.00/cwt	110.00–110.00	660	1
Steers	—	Medium and Large 1	669	116.59/cwt	116.00–119.00	780	7
Feeder Cattle · Heifers18 lots · lightest first
Heifers	—	Medium and Large 1	321	135.10/cwt	130.00–140.00	434	5
Heifers	—	Medium and Large 1	373	134.88/cwt	130.00–138.00	503	6
Heifers	—	Medium and Large 2	378	122.00/cwt	122.00–122.00	461	2
Heifers	—	Medium and Large 1	409	134.00/cwt	130.00–138.00	548	6
Heifers	—	Medium and Large 3	430	116.95/cwt	115.00–119.00	503	2
Heifers	—	Medium and Large 1	457	130.67/cwt	130.00–131.00	597	3
Heifers	—	Medium and Large 3	467	113.86/cwt	110.00–116.00	532	6
Heifers	—	Medium and Large 3	515	106.00/cwt	106.00–106.00	546	1
Heifers	—	Medium and Large 2	525	112.63/cwt	110.00–117.00	591	6
Heifers	—	Medium and Large 1	547	120.00/cwt	120.00–120.00	656	8
Heifers	—	Medium and Large 3	575	107.50/cwt	107.00–108.00	618	2
Heifers	—	Medium and Large 1	584	111.00/cwt	111.00–111.00	648	5
Heifers	—	Medium and Large 2	590	113.00/cwt	113.00–113.00	667	1
Heifers	—	Medium and Large 2	612	104.00/cwt	104.00–104.00	636	2
Heifers	—	Medium and Large 1	623	114.76/cwt	113.00–115.00	715	8
Heifers	—	Medium and Large 2	664	105.00/cwt	105.00–105.00	697	8
Heifers	—	Medium and Large 2	720	101.50/cwt	101.00–102.00	731	2
Heifers	—	Medium and Large 1	761	105.00/cwt	105.00–105.00	799	3
Feeder Cattle · Bulls10 lots · lightest first
Bulls	—	Medium and Large 2	415	127.00/cwt	127.00–127.00	527	1
Bulls	—	Medium and Large 1	440	138.03/cwt	135.00–141.00	607	2
Bulls	—	Medium and Large 1	471	132.75/cwt	130.00–140.00	625	5
Bulls	—	Medium and Large 3	480	115.00/cwt	115.00–115.00	552	1
Bulls	—	Medium and Large 2	483	122.95/cwt	120.00–126.00	594	2
Bulls	—	Medium and Large 2	518	111.41/cwt	106.00–117.00	577	4
Bulls	—	Medium and Large 1	524	122.05/cwt	120.00–127.00	640	4
Bulls	—	Medium and Large 2	560	113.00/cwt	111.00–115.00	633	2
Bulls	—	Medium and Large 2	608	105.50/cwt	105.00–106.00	641	2
Bulls	—	Medium and Large 2	660	102.00/cwt	102.00–102.00	673	1
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,775	78.50/cwt	78.50–78.50	1,393	1
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	910	30.57/cwt	28.50–32.50	278	3
Cows	—	Lean 85-90%	954	36.20/cwt	33.50–38.50	345	5
Cows	—	Lean 85-90%	1,146	43.63/cwt	40.00–46.00	500	8
Cows	—	Boner 80-85%	1,200	49.06/cwt	48.50–50.00	589	3
Cows	—	Boner 80-85%	1,221	53.10/cwt	51.50–55.50	648	9
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows	—	Medium and Large 2	870	865.10/cwt	750.00–960.00	7,526	3
Bred Cows	—	Medium and Large 2	1,025	785.00/cwt	785.00–785.00	8,046	1
Bred Cows	—	Medium and Large 2	1,079	965.97/cwt	890.00–1,060.00	10,423	5
Bred Cows	—	Medium and Large 2	1,178	876.44/cwt	850.00–920.00	10,324	3
Bred Cows	—	Medium and Large 2	1,290	800.00/cwt	800.00–800.00	10,320	1
Bred Cows	—	Medium and Large 2	1,580	980.00/cwt	980.00–980.00	15,484	1
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 2	1,283	962.52/cwt	920.00–1,000.00	12,349	6
Cow-Calf Pairs	—	Medium and Large 2	1,558	1,333.50/cwt	1,250.00–1,420.00	20,776	4

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 Nov 16, 2020

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

Feeder CattleReceipts 392Last week 293Year ago 503

Slaughter CattleReceipts 53Last week 75Year ago 17

Replacement CattleReceipts 88Last week 44Year ago 20

Good day, as compared to last market feeder calves seemed to be 3-7 higher and slaughter cows steady. No sales next week.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	390	170.00	170.00
6	—	322	170.00–180.00	175.36
4	—	523	134.00–145.00	139.10
7	—	669	116.00–119.00	116.59
1	—	560	140.00	140.00
3	—	412	157.00–166.00	160.91

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	585	125.00–126.00	125.49
4	—	475	146.00–152.00	150.01
1	—	340	160.00	160.00
1	—	230	160.00	160.00
7	—	438	150.00–155.00	153.59
5	—	376	155.00–168.00	162.13
1	—	600	110.00	110.00
2	—	258	160.00	160.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 3$ per cwt · actual wt
1	—	460	140.00	140.00
2	—	595	119.00	119.00
2	—	445	135.00–140.00	137.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
8	—	664	105.00	105.00
2	—	612	104.00	104.00
2	—	378	122.00	122.00
6	—	525	110.00–117.00	112.63
2	—	720	101.00–102.00	101.50
1	—	590	113.00	113.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	409	130.00–138.00	134.00
6	—	373	130.00–138.00	134.88
5	—	321	130.00–140.00	135.10
8	—	623	113.00–115.00	114.76
3	—	761	105.00	105.00
5	—	584	111.00	111.00
3	—	457	130.00–131.00	130.67
8	—	547	120.00	120.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 3$ per cwt · actual wt
2	—	430	115.00–119.00	116.95
6	—	467	110.00–116.00	113.86
2	—	575	107.00–108.00	107.50
1	—	515	106.00	106.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	440	135.00–141.00	138.03
5	—	471	130.00–140.00	132.75
4	—	524	120.00–127.00	122.05

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 2$ per cwt · actual wt
1	—	415	127.00	127.00
2	—	608	105.00–106.00	105.50
1	—	660	102.00	102.00
4	—	518	106.00–117.00	111.41
2	—	560	111.00–115.00	113.00
2	—	483	120.00–126.00	122.95

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 3$ per cwt · actual wt
1	—	480	115.00	115.00

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)	1st/2nd Stage (1-6 mo)	1	—	1,290	800.00	800.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,178	850.00–920.00	876.44
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	1,580	980.00	980.00
Young (2-4 yrs)	1st/2nd Stage (1-6 mo)	1	—	1,025	785.00	785.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	5	—	1,079	890.00–1,060.00	965.97
Young (2-4 yrs)	1st Stage (1-3 mo)	3	—	870	750.00–960.00	865.10

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	6	—	1,283	920.00–1,000.00	962.52
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	4	—	1,558	1,250.00–1,420.00	1,333.50

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
3	—	910	28.50–32.50	30.57
5	—	954	33.50–38.50	36.20
8	—	1,146	40.00–46.00	43.63

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,200	48.50–50.00	49.06
9	—	1,221	51.50–55.50	53.10

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,775	78.50	78.50

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.