Sale reports / Nebraska / Sheridan / 2019-10-23

Sheridan

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Rushville, Nebraska · Wed, Oct 23
● Final42 lots reportedUSDA AMS · slug 1859
Feeder Cattle receipts
3,000 head
▼ 953 vs last sale 3,953▲ 3,000 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
361 head
▲ 116 vs last sale 245▲ 361 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
38 head
▲ 21 vs last sale 17▲ 38 vs year ago 0 · no sale a year ago
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Reporter comment USDA

As filed

Compared with last week 500-550 lbs steers sold 4.00-6.00 higher while 450 and 600 lbs sold 2.00-3.00 higher, 500-550 lbs heifers sold 5.00-8.00 higher with 450 and 600 lbs heifers sold 2.00 higher. Slaughter cows and bulls sold 4.00-5.00 lower. There was a good crowd on hand today for good strings and packages of mainly preconditioned calve coming strait off the cow. Trade was good with with demand being moderate to good throughout the sale. Sheridan's next sale will be a feeder calf special October 30.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $157.18/cwt on 1,799 head.
Average price
$157.18
1,799 head · 578 lb average
Value per head Derived
$909
Price × average weight ÷ 100
Grade differential Derived
−$431
per head · Medium and Large 1 over Large 1
$40.72/cwt at this weight
vs the market
−2.36
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1578157.729111,714
Medium and Large 1-2517149.6377476
Large 11,147117.001,3429thin
One grade step is worth $40.72/cwt here — about −$431 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 sale1,799 hd
157.18
—
NE average11 barns · 17,750 hd
159.54
−2.36
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—Low1,81167.631,22523
CowsBreaker 75-80%Low1,54666.301,02512
CowsBoner 80-85%Low1,34548.32650177
CowsLean 85-90%Average1,15437.30431117

Every lot, as filed

42 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—359151.00/cwt151.00–151.005426
HeifersMedium and Large 1—784132.00/cwt132.00–132.001,0356
HeifersMedium and Large 1—991130.50/cwt130.50–130.501,29310
HeifersMedium and Large 1—426148.11/cwt147.00–149.2563137
HeifersMedium and Large 1—581139.00/cwt132.50–140.50808147
HeifersMedium and Large 1—481142.94/cwt141.00–146.00688199
HeifersMedium and Large 1—533139.26/cwt133.50–143.75742220
HeifersMedium and Large 1Replacement—573158.00/cwt158.00–158.0090530
HeifersMedium and Large 1Unweaned—610134.66/cwt130.00–138.00821122
HeifersMedium and Large 1-2—419138.00/cwt138.00–138.005786
HeifersMedium and Large 1-2—505131.64/cwt130.00–133.0066520
HeifersMedium and Large 1-2—482132.72/cwt130.00–141.0064024
HeifersMedium and Large 1-2Unweaned—641123.60/cwt119.00–125.0079225
SteersLarge 1—1,147117.00/cwt117.00–117.001,3429
SteersMedium and Large 1—345181.00/cwt181.00–181.006245
SteersMedium and Large 1—393186.00/cwt186.00–186.007317
SteersMedium and Large 1—820130.00/cwt130.00–130.001,0669
SteersMedium and Large 1—1,088127.50/cwt127.50–127.501,38717
SteersMedium and Large 1—426165.99/cwt160.00–180.0070741
SteersMedium and Large 1—472169.32/cwt161.00–172.00799119
SteersMedium and Large 1—520163.06/cwt158.00–172.50848361
SteersMedium and Large 1—581156.46/cwt151.25–169.00909619
SteersMedium and Large 1Unweaned—667147.01/cwt145.50–149.5098144
SteersMedium and Large 1Unweaned—715141.76/cwt141.50–142.501,01444
SteersMedium and Large 1Unweaned—621154.95/cwt149.75–159.85962448
SteersMedium and Large 1-2—350164.00/cwt164.00–164.0057410
SteersMedium and Large 1-2—476154.00/cwt154.00–154.0073314
SteersMedium and Large 1-2—585143.57/cwt133.00–147.0084025
SteersMedium and Large 1-2—538147.66/cwt141.00–150.0079427
Stock CowsMedium and Large 1—1,04275.55/cwt71.00–81.0078723
Stock CowsMedium and Large 1-2—1,06565.44/cwt64.00–68.0069716
Bulls——2,09057.09/cwt51.00–61.501,1933
Bulls——2,05766.74/cwt64.50–70.001,37312
Bulls—Return to Feed—1,060101.39/cwt94.00–109.001,0752
Bulls—Return to Feed—1,42963.41/cwt62.00–72.009066
CowsBoner 80-85%—1,36841.80/cwt37.00–50.5057225
CowsBoner 80-85%Return to Feed—1,36458.15/cwt56.50–69.0079346
CowsBoner 80-85%Return to Feed—1,33245.59/cwt38.50–55.50607106
CowsBreaker 75-80%—1,79555.00/cwt55.00–55.009872
CowsBreaker 75-80%—1,49668.56/cwt67.50–70.001,02610
CowsLean 85-90%—1,10745.33/cwt45.00–46.5050223
CowsLean 85-90%—1,16635.33/cwt30.00–42.5041294

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.