Sale reports / Nebraska / Ericson / 2019-09-14

Ericson

Feeder Cattle · Ericson, Nebraska · Sat, Sep 14
● Final27 lots reportedUSDA AMS · slug 1853
Receipts
2,914 head
417 vs last sale 2,497 2,914 vs year ago 0 · no sale a year ago
Also sold hereFeeder/Replacement Cattle Special
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Reporter comment USDA

As filed

Compared to three weeks ago, 800 to 900 lbs steers sold fully steady, over 900 lbs sold 3.00 to 4.00 lower. Most lots of heifers sold 1.00 to 3.00 lower, except 780 lbs and 900 lbs sold steady to 2.00 higher. Demand was moderate for the light run of fall calves. Moderate to good demand for the heavy supply of yearlings. Most yearlings off of summer grass were light fleshed, few lots displayed medium flesh coming out of background lots. Most of the heifers over 800 lbs were pregged open off of several ranches replacement heifers. Mostly order buyers in attendance with a handful of farmer feeder buyers on the seats.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $141.93/cwt on 1,554 head.
Average price
$141.93
1,554 head · 869 lb average
Value per head Derived
$1,233
Price × average weight ÷ 100
Grade differential Derived
−$324
per head · Medium and Large 1-2 over Medium and Large 1
$15.18/cwt at this weight
vs the market
0.29
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2584156.7591536
Medium and Large 1875141.571,2391,518
One grade step is worth $15.18/cwt here — about −$324 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 sale1,554 hd
141.93
NE average7 barns · 8,966 hd
142.21
−0.29
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

27 lots · USDA AMS · Ericson Livestock Market - Ericson, NE
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 1816147.50/cwt147.50–147.501,204267
SteersMedium and Large 1880143.82/cwt143.00–143.851,266313
SteersMedium and Large 1963133.25/cwt133.25–133.251,283399
HeifersMedium and Large 1892128.75/cwt128.75–128.751,1488
HeifersMedium and Large 1476159.50/cwt159.50–159.5075910
HeifersMedium and Large 11,025116.39/cwt115.00–118.601,19313
HeifersMedium and Large 1966127.25/cwt127.25–127.251,22921
HeifersMedium and Large 1512158.30/cwt150.00–162.5081023
HeifersMedium and Large 1710138.74/cwt135.00–140.5098552
HeifersMedium and Large 1685145.22/cwt139.00–145.7599576
HeifersMedium and Large 1570151.95/cwt151.50–154.5086682
HeifersMedium and Large 1633147.62/cwt145.00–150.0093493
HeifersMedium and Large 1824134.73/cwt132.00–137.501,110156
HeifersMedium and Large 1922129.57/cwt127.10–130.001,195192
HeifersMedium and Large 1780140.20/cwt135.00–141.751,094322
SteersMedium and Large 1445176.00/cwt176.00–176.007835
SteersMedium and Large 1788148.00/cwt148.00–148.001,1665
SteersMedium and Large 1643155.50/cwt155.50–155.501,0007
SteersMedium and Large 1517162.48/cwt156.00–169.0084020
SteersMedium and Large 1573167.00/cwt167.00–167.0095768
SteersMedium and Large 1663158.45/cwt155.50–160.001,05187
SteersMedium and Large 11,009128.85/cwt128.85–128.851,300167
SteersMedium and Large 1918137.37/cwt133.25–139.501,261180
SteersMedium and Large 1-2585161.00/cwt161.00–161.009425
SteersMedium and Large 1-2489160.00/cwt160.00–160.007826
SteersMedium and Large 1-2840140.00/cwt140.00–140.001,17611
SteersMedium and Large 1-2423167.00/cwt167.00–167.0070614

How this sale compares

Nebraska weighted averages
One sale is one barn on one day. The state ladder is every Nebraska auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.