Sale reports / Nebraska / Sheridan / 2019-10-16

Sheridan

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Rushville, Nebraska · Wed, Oct 16
● Final38 lots reportedUSDA AMS · slug 1859
Feeder Cattle receipts
3,953 head
▲ 2,253 vs last sale 1,700▲ 3,953 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
245 head
▼ 37 vs last sale 282▲ 245 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
17 head
▲ 9 vs last sale 8▲ 17 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared with last week Harvest cows and bulls sold 2.00-4.00 lower with no other comparable offerings. There was a good crowd on hand today for bigger strings and packages of mainly weaned and preconditioned calves coming strait off the cow. Trade was good with demand being moderate to good throughout the sale. Sheridan's next sale will be a feeder calf special October 23.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $154.69/cwt on 2,900 head.
Average price
$154.69
2,900 head · 607 lb average
Value per head Derived
$939
Price × average weight ÷ 100
Grade differential Derived
$5
per head · Medium and Large 1 over Medium and Large 1-2
$12.20/cwt at this weight
vs the market
−5.25
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1604155.489392,711
Medium and Large 1-2651143.29933189
One grade step is worth $12.20/cwt here — about $5 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 sale2,900 hd
154.69
—
NE average11 barns · 20,127 hd
159.93
−5.25
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
Bulls—Low1,70669.301,18210
CowsBreaker 75-80%High1,64573.001,2012thin
CowsBoner 80-85%Average1,27159.9076188
CowsLean 85-90%Low1,18148.0156762

Every lot, as filed

38 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 1—532134.04/cwt132.00–138.50713159
BullsMedium and Large 1—575139.00/cwt139.00–139.007998
HeifersMedium and Large 1—990126.50/cwt126.50–126.501,2528
HeifersMedium and Large 1—340158.61/cwt156.50–161.5053921
HeifersMedium and Large 1—380150.50/cwt150.50–150.5057221
HeifersMedium and Large 1—402147.00/cwt145.50–148.5059154
HeifersMedium and Large 1—719141.50/cwt141.50–141.501,01762
HeifersMedium and Large 1—566130.48/cwt128.00–132.00739168
HeifersMedium and Large 1—476141.14/cwt137.25–144.00672218
HeifersMedium and Large 1Replacement—534151.00/cwt151.00–151.0080670
HeifersMedium and Large 1Unweaned—615131.98/cwt128.50–136.00812115
HeifersMedium and Large 1-2—543129.50/cwt129.50–129.5070314
HeifersMedium and Large 1-2Unweaned—628122.50/cwt122.50–122.5076915
SteersMedium and Large 1—388170.66/cwt169.50–175.0066250
SteersMedium and Large 1—435168.14/cwt163.00–170.0073176
SteersMedium and Large 1—467163.75/cwt158.00–166.50765184
SteersMedium and Large 1—519161.21/cwt150.50–169.50837271
SteersMedium and Large 1—569153.62/cwt147.50–159.50874597
SteersMedium and Large 1Unweaned—780144.00/cwt144.00–144.001,12376
SteersMedium and Large 1Unweaned—719156.47/cwt148.50–162.001,125276
SteersMedium and Large 1Unweaned—679155.61/cwt147.00–162.501,057353
SteersMedium and Large 1Unweaned—629151.71/cwt149.75–155.50954828
SteersMedium and Large 1-2—597147.50/cwt147.50–147.508815
SteersMedium and Large 1-2—492153.50/cwt153.50–153.5075522
SteersMedium and Large 1-2Unweaned—652134.82/cwt133.00–142.0087930
SteersMedium and Large 1-2Unweaned—620140.54/cwt140.00–144.0087146
SteersMedium and Large 1-2Unweaned—712144.85/cwt144.00–145.001,03186
Stock CowsMedium and Large 1—1,11475.19/cwt72.00–77.0083816
Stock CowsMedium and Large 1-2—1,07565.00/cwt65.00–65.006991
Bulls——1,62867.35/cwt65.50–68.501,0964
Bulls——1,75870.60/cwt69.00–74.501,2416
CowsBoner 80-85%—1,39057.50/cwt57.50–57.507992
CowsBoner 80-85%—1,38851.23/cwt48.00–54.007118
CowsBoner 80-85%Return to Feed—1,34252.59/cwt47.00–57.5070622
CowsBoner 80-85%Return to Feed—1,22264.10/cwt58.50–69.5078356
CowsBreaker 75-80%—1,64573.00/cwt73.00–73.001,2012
CowsLean 85-90%—1,18844.74/cwt41.00–47.0053224
CowsLean 85-90%—1,17750.07/cwt49.00–53.0058938

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.