Sale reports / Nebraska / Sheridan / 2019-08-14

Sheridan

Feeder Cattle · Slaughter Cattle · Rushville, Nebraska · Wed, Aug 14
● Final27 lots reportedUSDA AMS · slug 1859
Feeder Cattle receipts
2,304 head
1,862 vs last sale 442 2,304 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
56 head
1 vs last sale 55 56 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

There was not enough comparable offerings from two weeks ago to create a trend so none will be given. There was a good crowd on hand today for good strings of yearling type calves coming off of grass with some packages of pregged open heifers. Trade was good with demand being moderate to good with a softer undertone noted due to the sharp decline of the CME board. Sheridans next sale will be a special feeder calf sale August 28.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $136.59/cwt on 1,690 head.
Average price
$136.59
1,690 head · 949 lb average
Value per head Derived
$1,297
Price × average weight ÷ 100
Grade differential Derived
−$204
per head · Medium and Large 1-2 over Medium and Large 1
$0.41/cwt at this weight
vs the market
7.88
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2798137.001,09310thin
Medium and Large 1950136.591,2981,680
One grade step is worth $0.41/cwt here — about −$204 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 sale1,690 hd
136.59
NE average6 barns · 8,113 hd
144.48
−7.88
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsHigh1,79876.641,37832
CowsBoner 80-85%Low1,36860.638297thin
CowsLean 85-90%Average1,17058.506841thin
CowsBreaker 75-80%Average1,56656.508853thin

Every lot, as filed

27 lots · USDA AMS · Sheridan Livestock Auction Co. - Rushville, NE
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1676137.25/cwt137.25–137.2592825
HeifersMedium and Large 1738134.75/cwt134.75–134.7599425
HeifersMedium and Large 1892134.65/cwt129.00–135.251,201121
HeifersMedium and Large 1965130.17/cwt129.00–130.251,256126
HeifersMedium and Large 1916134.10/cwt131.00–135.601,228203
HeifersMedium and Large 1-2560135.50/cwt135.50–135.507599
HeifersMedium and Large 1-2781128.67/cwt128.00–129.001,00515
HeifersMedium and Large 1-2821130.00/cwt130.00–130.001,06716
SteersMedium and Large 1766146.10/cwt143.25–148.251,11912
SteersMedium and Large 1601154.25/cwt154.25–154.2592722
SteersMedium and Large 1831140.75/cwt140.75–140.751,17046
SteersMedium and Large 1732149.84/cwt149.75–149.851,09749
SteersMedium and Large 11,005125.50/cwt125.50–125.501,26173
SteersMedium and Large 1859139.43/cwt137.75–141.251,198128
SteersMedium and Large 1983131.61/cwt131.60–132.001,294192
SteersMedium and Large 11,069129.50/cwt129.50–129.501,384353
SteersMedium and Large 1932139.77/cwt134.25–140.851,303805
SteersMedium and Large 1-2798137.00/cwt137.00–137.001,09310
Bulls2,56585.50/cwt85.50–85.502,1931
Bulls1,65670.22/cwt65.50–76.001,16315
Bulls1,93881.51/cwt77.50–85.001,58015
BullsReturn to Feed1,06591.00/cwt91.00–91.009691
CowsBoner 80-85%1,40355.25/cwt55.00–55.507752
CowsBoner 80-85%1,35462.78/cwt58.50–67.008505
CowsBreaker 75-80%1,66561.50/cwt61.50–61.501,0241
CowsBreaker 75-80%1,51754.00/cwt54.00–54.008192
CowsLean 85-90%1,17058.50/cwt58.50–58.506841

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.