Sale reports / Nebraska / Sheridan / 2019-09-11

Sheridan

Feeder Cattle · Slaughter Cattle · Rushville, Nebraska · Wed, Sep 11
● Final28 lots reportedUSDA AMS · slug 1859
Feeder Cattle receipts
1,292 head
1,522 vs last sale 2,814 1,292 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
140 head
58 vs last sale 82 140 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared with two weeks ago 900 lbs steers sold 6.00 lower with 950 lbs steers being sharply lower. Breaker and lean cows sold 4.00 lower with boner type cows and bulls selling sharply lower with no other comparisons. There was a good crowd on hand today for bigger strings and some packages of yearling type calves as well as pregged open heifers. Trade was moderate with demand being moderate throughout the sale. Sheridans next sale will be a feeder calf special September 25.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $124.34/cwt on 615 head.
Average price
$124.34
615 head · 934 lb average
Value per head Derived
$1,161
Price × average weight ÷ 100
Grade differential Derived
−$226
per head · Medium and Large 1-2 over Medium and Large 1
$0.68/cwt at this weight
vs the market
9.24
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2753125.0094117thin
Medium and Large 1939124.321,167598
One grade step is worth $0.68/cwt here — about −$226 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 sale615 hd
124.34
NE average9 barns · 9,330 hd
133.58
−9.24
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
BullsAverage1,71473.581,26126
CowsBreaker 75-80%Low1,61258.0993619
CowsBoner 80-85%Average1,40153.9475640
CowsLean 85-90%Low1,22451.8063420

Every lot, as filed

28 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 11,056116.00/cwt116.00–116.001,22513
HeifersMedium and Large 11,021119.81/cwt119.25–120.251,22323
HeifersMedium and Large 1877125.29/cwt122.50–126.251,09948
HeifersMedium and Large 1936122.29/cwt120.50–123.251,14566
HeifersMedium and Large 1814130.42/cwt124.00–130.751,062126
HeifersMedium and Large 1990122.98/cwt122.25–123.001,218304
HeifersMedium and Large 1Spayed929120.85/cwt120.85–120.851,12318
HeifersMedium and Large 1-2796125.00/cwt125.00–125.009955
HeifersMedium and Large 1-2735125.00/cwt125.00–125.0091912
SteersMedium and Large 1674142.50/cwt142.50–142.509609
SteersMedium and Large 11,011125.25/cwt125.25–125.251,26616
SteersMedium and Large 1711140.47/cwt139.50–141.0099929
SteersMedium and Large 1893131.50/cwt131.50–131.501,17435
SteersMedium and Large 1794138.87/cwt134.00–141.001,10360
SteersMedium and Large 1828138.00/cwt138.00–138.001,14367
SteersMedium and Large 1980128.00/cwt128.00–128.001,254107
SteersMedium and Large 1932131.36/cwt127.00–133.501,224256
Bulls1,90776.09/cwt74.00–79.001,45110
Bulls1,68669.18/cwt64.00–74.001,16614
BullsReturn to Feed94591.87/cwt88.00–95.508682
CowsBoner 80-85%1,45056.72/cwt54.50–60.0082212
CowsBoner 80-85%1,41951.05/cwt45.00–54.0072418
CowsBoner 80-85%Return to Feed1,43751.30/cwt50.00–53.507373
CowsBoner 80-85%Return to Feed1,25857.73/cwt55.00–59.507267
CowsBreaker 75-80%1,75851.77/cwt49.50–57.009106
CowsBreaker 75-80%1,54561.00/cwt58.25–62.5094213
CowsLean 85-90%1,19848.33/cwt45.50–50.505799
CowsLean 85-90%1,24554.64/cwt52.50–56.5068011

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.