Sale reports / Mississippi / Peoples Livestock Auction / 2024-05-27

Peoples Livestock Auction

Feeder Cattle · Slaughter Cattle · Houston, Mississippi · Mon, May 27
● Final23 lots reportedUSDA AMS · slug 2123
Feeder Cattle receipts
33 head
▼ 84 vs last sale 117▼ 83 vs year ago 116 · −71.6%
Slaughter Cattle receipts
7 head
▼ 18 vs last sale 25▼ 3 vs year ago 10 · −30.0%
View

Reporter comment USDA

As filed

COMPARED TO LAST WEEK: NOT ENOUGH DATA TO CALL AN ACCURATE TREND. QUALITY AVERAGE. DEMAND STRONG. SLAUGHTER COWS SOLD 5.00-8.00 HIGHER.

Weight classPick one — the panels below update

Bulls · summary 500–600 lb

Weighted average of every reported lot
500–600 lb bulls averaged $253.10/cwt on 4 head. That ranks 1 of 7 comparable sales and sits −130.56 against this barn's trailing median of $383.65.
Average price
$253.10
4 head · 505 lb average
Value per head Derived
$1,278
Price × average weight ÷ 100
Grade differential Derived
$70
per head · Medium and Large 1-2 over Medium and Large 2
$13.81/cwt at this weight
vs the market
−8.05
vs MS average

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2505260.001,3132thin
Medium and Large 2505246.191,2432thin
One grade step is worth $13.81/cwt here — about $70 a head. Across this sale the premium is widest at 300–400 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale4 hd
253.10
—
MS average12 barns · 101 hd
261.15
−8.05
This barn, trailing median7 sales
383.65
−130.56
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

7 sales
455408362315median 383.6504/1305/1808/0310/1210/26
Bulls 500–600 lb: high $440.81, low $328.90, median $383.65 across 7 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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
CowsBoner 80-85%Average1,255140.471,7636thin

Every lot

23 lots · USDA AMS · Peoples Livestock Auction - Houston, 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 · Heifers11 lots · lightest first
Heifers200–250Medium and Large 1240285.00/cwt285.00–285.006841
Heifers300–350Medium and Large 1323294.32/cwt282.50–307.509512
Heifers350–400Medium and Large 2360260.00/cwt260.00–260.009361
Heifers350–400Medium and Large 1365285.00/cwt285.00–285.001,0401
Heifers400–450Medium and Large 1-2400275.00/cwt275.00–275.001,1002
Heifers450–500Medium and Large 1-2Fleshy480232.50/cwt232.50–232.501,1162
Heifers500–550Medium and Large 1505242.50/cwt242.50–242.501,2251
Heifers700–750Medium and Large 1-2715192.50/cwt192.50–192.501,3762
Heifers800–850Medium and Large 1800197.50/cwt197.50–197.501,5801
Heifers800–850Medium and Large 1Fleshy815185.00/cwt185.00–185.001,5081
Heifers800–850Medium and Large 2845165.00/cwt165.00–165.001,3941
Feeder Cattle · Bulls10 lots · lightest first
Bulls250–300Medium and Large 1285350.00/cwt350.00–350.009981
Bulls350–400Medium and Large 2370251.76/cwt225.00–280.009322
Bulls350–400Medium and Large 1-2390310.00/cwt310.00–310.001,2092
Bulls400–450Medium and Large 1-2415270.00/cwt270.00–270.001,1212
Bulls450–500Medium and Large 1450280.00/cwt280.00–280.001,2601
Bulls450–500Medium and Large 1-2475275.00/cwt275.00–275.001,3062
Bulls500–550Medium and Large 1-2505260.00/cwt260.00–260.001,3132
Bulls500–550Medium and Large 2505246.19/cwt240.00–252.501,2432
Bulls650–700Medium and Large 1Fleshy650248.00/cwt246.00–250.001,6122
Bulls700–750Medium and Large 1Fleshy740202.50/cwt202.50–202.501,4991
Slaughter Cattle · Cows2 lots · lightest first
Cows—Boner 80-85%1,125130.00/cwt130.00–130.001,4631
Cows—Boner 80-85%1,281142.56/cwt142.00–145.001,8265

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.