Name: Ericson livestock auction prices — 2024-03-02
Creator: RaisedBeef
Published: 2024-03-02

Reporter comment USDA

As filed

Compared to last week steers over 500 lbs sold steady to 10.00 higher and heifers over 500 lbs sold steady to 5.00 higher. Demand was good from the buyers in the crowd and on the internet.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $343.62/cwt on 700 head. That ranks 1 of 16 comparable sales and sits −159.87 against this barn's trailing median of $503.49.

Average price

$343.62

700 head · 564 lb average

Value per head Derived

$1,939

Price × average weight ÷ 100

Grade differential Derived

$248

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

$55.17/cwt at this weight

vs the market

+4.64

vs NE average

+32.39 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	564	344.17	1,941	693
Medium and Large 1-2	586	289.00	1,694	7thin

One grade step is worth $55.17/cwt here — about $248 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

16 sales

Steers 500–600 lb: high $521.41, low $484.92, median $503.49 across 16 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only

This sale700 hd

343.62

—

NE average2 barns · 816 hd

338.98

+4.64

National average175 barns · 13,855 hd

311.23

+32.39

This barn, trailing median16 sales

503.49

−159.87

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

39 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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Steers	Medium and Large 1Fancy	400–450	443	390.00/cwt	390.00–390.00	1,728	21
Steers	Medium and Large 1Fancy	500–550	506	364.00/cwt	364.00–364.00	1,842	74
Steers	Medium and Large 1Fancy	550–600	553	361.00/cwt	361.00–361.00	1,996	144
Heifers	Medium and Large 1Fleshy	550–600	579	267.71/cwt	267.00–269.00	1,550	19
Heifers	Medium and Large 1Fleshy	600–650	631	261.52/cwt	257.00–267.00	1,650	44
Steers	Medium and Large 1Fleshy	550–600	589	309.92/cwt	309.00–311.00	1,825	30
Heifers	Medium and Large 1Thin Fleshed	600–650	624	290.33/cwt	287.00–292.00	1,812	393
Heifers	Medium and Large 1	700–750	725	248.28/cwt	247.00–251.00	1,800	73
Heifers	Medium and Large 1	450–500	487	296.50/cwt	296.00–297.50	1,444	26
Heifers	Medium and Large 1Thin Fleshed	450–500	475	318.89/cwt	318.00–324.00	1,515	110
Heifers	Medium and Large 1Thin Fleshed	500–550	546	310.34/cwt	308.00–310.50	1,694	214
Steers	Medium and Large 1Fleshy	600–650	618	291.63/cwt	288.00–295.00	1,802	30
Steers	Medium and Large 1Thin Fleshed	300–350	318	395.00/cwt	395.00–395.00	1,256	5
Steers	Medium and Large 1Thin Fleshed	500–550	510	357.50/cwt	357.50–357.50	1,823	13
Heifers	Medium and Large 1	550–600	576	284.30/cwt	278.00–286.00	1,638	134
Steers	Medium and Large 1Thin Fleshed	650–700	675	305.50/cwt	304.50–307.50	2,062	235
Steers	Medium and Large 1Thin Fleshed	550–600	593	337.64/cwt	336.00–340.50	2,002	299
Steers	Medium and Large 1	650–700	668	293.49/cwt	288.00–298.00	1,961	194
Steers	Medium and Large 1	600–650	646	311.08/cwt	306.00–313.00	2,010	120
Steers	Medium and Large 1	850–900	871	240.13/cwt	236.00–245.00	2,092	17
Steers	Medium and Large 1	800–850	800	254.75/cwt	254.75–254.75	2,038	37
Steers	Medium and Large 1	500–550	532	338.80/cwt	330.00–349.00	1,802	95
Heifers	Medium and Large 1	500–550	528	297.58/cwt	289.00–301.00	1,571	133
Steers	Medium and Large 1-2	450–500	474	317.50/cwt	317.50–317.50	1,505	5
Steers	Medium and Large 1	550–600	571	329.12/cwt	321.00–332.50	1,879	38
Steers	Medium and Large 1	750–800	766	267.39/cwt	262.75–270.00	2,048	191
Steers	Medium and Large 1Thin Fleshed	600–650	621	319.78/cwt	317.50–322.00	1,986	156
Steers	Medium and Large 1-2	550–600	586	289.00/cwt	289.00–289.00	1,694	7
Steers	Medium and Large 1-2	750–800	774	236.00/cwt	236.00–236.00	1,827	13
Heifers	Medium and Large 1-2Thin Fleshed	500–550	506	282.00/cwt	282.00–282.00	1,427	7
Heifers	Medium and Large 1	400–450	427	322.63/cwt	319.00–329.00	1,378	30
Heifers	Medium and Large 1	600–650	638	278.17/cwt	276.00–282.00	1,775	69
Heifers	Medium and Large 1Thin Fleshed	350–400	373	344.00/cwt	344.00–344.00	1,283	10
Steers	Medium and Large 1	700–750	726	275.68/cwt	272.00–277.75	2,001	260
Steers	Medium and Large 1	400–450	415	353.87/cwt	350.00–357.50	1,469	19
Steers	Medium and Large 1	450–500	498	352.77/cwt	352.00–354.00	1,757	44
Steers	Medium and Large 1Fleshy	650–700	650	281.00/cwt	281.00–281.00	1,827	19
Heifers	Medium and Large 1	900–950	927	214.00/cwt	214.00–214.00	1,984	7
Steers	Medium and Large 1Thin Fleshed	400–450	431	374.90/cwt	370.00–377.50	1,616	18

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.

Nebraska feeder prices, every weight →Every state and region →

Ericson Livestock Market - Ericson, NE

Sat Mar 2, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Kearney, NE (LS-WH)

Receipts 3,597Last week 4,536Year ago 3,395

Compared to last week steers over 500 lbs sold steady to 10.00 higher and heifers over 500 lbs sold steady to 5.00 higher. Demand was good from the buyers in the crowd and on the internet.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
21	400–450	443	390.00	390.00
74	500–550	506	364.00	364.00
144	550–600	553	361.00	361.00
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
30	550–600	589	309.00–311.00	309.92
30	600–650	618	288.00–295.00	291.63
19	650–700	650	281.00	281.00
Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
5	300–350	318	395.00	395.00
18	400–450	431	370.00–377.50	374.90
13	500–550	510	357.50	357.50
299	550–600	593	336.00–340.50	337.64
156	600–650	621	317.50–322.00	319.78
235	650–700	675	304.50–307.50	305.50
Steers — Medium and Large 1$ per cwt · actual wt
19	400–450	415	350.00–357.50	353.87
44	450–500	498	352.00–354.00	352.77
95	500–550	532	330.00–349.00	338.80
38	550–600	571	321.00–332.50	329.12
120	600–650	646	306.00–313.00	311.08
194	650–700	668	288.00–298.00	293.49
260	700–750	726	272.00–277.75	275.68
191	750–800	766	262.75–270.00	267.39
37	800–850	800	254.75	254.75
17	850–900	871	236.00–245.00	240.13
Steers — Medium and Large 1-2$ per cwt · actual wt
5	450–500	474	317.50	317.50
7	550–600	586	289.00	289.00
13	750–800	774	236.00	236.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
19	550–600	579	267.00–269.00	267.71
44	600–650	631	257.00–267.00	261.52
Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt
10	350–400	373	344.00	344.00
110	450–500	475	318.00–324.00	318.89
214	500–550	546	308.00–310.50	310.34
393	600–650	624	287.00–292.00	290.33
Heifers — Medium and Large 1$ per cwt · actual wt
30	400–450	427	319.00–329.00	322.63
26	450–500	487	296.00–297.50	296.50
133	500–550	528	289.00–301.00	297.58
134	550–600	576	278.00–286.00	284.30
69	600–650	638	276.00–282.00	278.17
73	700–750	725	247.00–251.00	248.28
7	900–950	927	214.00	214.00
Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt
7	500–550	506	282.00	282.00

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.

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