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
View

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
BullsLow1,81167.631,22523
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 1359151.00/cwt151.00–151.005426
HeifersMedium and Large 1784132.00/cwt132.00–132.001,0356
HeifersMedium and Large 1991130.50/cwt130.50–130.501,29310
HeifersMedium and Large 1426148.11/cwt147.00–149.2563137
HeifersMedium and Large 1581139.00/cwt132.50–140.50808147
HeifersMedium and Large 1481142.94/cwt141.00–146.00688199
HeifersMedium and Large 1533139.26/cwt133.50–143.75742220
HeifersMedium and Large 1Replacement573158.00/cwt158.00–158.0090530
HeifersMedium and Large 1Unweaned610134.66/cwt130.00–138.00821122
HeifersMedium and Large 1-2419138.00/cwt138.00–138.005786
HeifersMedium and Large 1-2505131.64/cwt130.00–133.0066520
HeifersMedium and Large 1-2482132.72/cwt130.00–141.0064024
HeifersMedium and Large 1-2Unweaned641123.60/cwt119.00–125.0079225
SteersLarge 11,147117.00/cwt117.00–117.001,3429
SteersMedium and Large 1345181.00/cwt181.00–181.006245
SteersMedium and Large 1393186.00/cwt186.00–186.007317
SteersMedium and Large 1820130.00/cwt130.00–130.001,0669
SteersMedium and Large 11,088127.50/cwt127.50–127.501,38717
SteersMedium and Large 1426165.99/cwt160.00–180.0070741
SteersMedium and Large 1472169.32/cwt161.00–172.00799119
SteersMedium and Large 1520163.06/cwt158.00–172.50848361
SteersMedium and Large 1581156.46/cwt151.25–169.00909619
SteersMedium and Large 1Unweaned667147.01/cwt145.50–149.5098144
SteersMedium and Large 1Unweaned715141.76/cwt141.50–142.501,01444
SteersMedium and Large 1Unweaned621154.95/cwt149.75–159.85962448
SteersMedium and Large 1-2350164.00/cwt164.00–164.0057410
SteersMedium and Large 1-2476154.00/cwt154.00–154.0073314
SteersMedium and Large 1-2585143.57/cwt133.00–147.0084025
SteersMedium and Large 1-2538147.66/cwt141.00–150.0079427
Stock CowsMedium and Large 11,04275.55/cwt71.00–81.0078723
Stock CowsMedium and Large 1-21,06565.44/cwt64.00–68.0069716
Bulls2,09057.09/cwt51.00–61.501,1933
Bulls2,05766.74/cwt64.50–70.001,37312
BullsReturn to Feed1,060101.39/cwt94.00–109.001,0752
BullsReturn to Feed1,42963.41/cwt62.00–72.009066
CowsBoner 80-85%1,36841.80/cwt37.00–50.5057225
CowsBoner 80-85%Return to Feed1,36458.15/cwt56.50–69.0079346
CowsBoner 80-85%Return to Feed1,33245.59/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.