Sale reports / Nebraska / Sheridan / 2020-10-14

Sheridan

Feeder Cattle · Rushville, Nebraska · Wed, Oct 14
● Final16 lots reportedUSDA AMS · slug 1859
Receipts
1,814 head
▲ 714 vs last sale 1,100▼ 2,139 vs year ago 3,953 · −54.1%
View

Reporter comment USDA

As filed

Compared to last week, Feeder steers sold mostly 5.00-10.00 higher while heifers sold 5.00-10.00 lower on limited comparable receipts. Several load lots of good quality cattle on offer today coming off of dry land. Special feeder cattle sale begins at noon on Wednesday, October 21.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $160.27/cwt on 1,198 head.
Average price
$160.27
1,198 head · 567 lb average
Value per head Derived
$909
Price × average weight ÷ 100
Grade differential Derived
$110
per head · Medium and Large 1 over Medium and Large 1-2
$11.29/cwt at this weight
vs the market
+2.49
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1568160.549121,169
Medium and Large 1-2538149.2580229
One grade step is worth $11.29/cwt here — about $110 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 sale1,198 hd
160.27
—
NE average10 barns · 16,831 hd
157.78
+2.49
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Every lot, as filed

16 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—570130.10/cwt125.00–133.0074245
HeifersMedium and Large 1—485135.20/cwt131.00–137.5065659
HeifersMedium and Large 1—415142.42/cwt138.00–145.0059193
HeifersMedium and Large 1—513140.54/cwt130.00–143.00721201
SteersMedium and Large 1—624156.40/cwt152.50–158.00976328
SteersMedium and Large 1—659153.96/cwt145.50–157.001,015118
HeifersMedium and Large 1Replacement—567145.75/cwt145.75–145.7582667
SteersMedium and Large 1-2—564149.14/cwt145.00–150.0084113
SteersMedium and Large 1-2—516149.34/cwt148.50–150.0077116
SteersMedium and Large 1—574162.25/cwt157.00–164.00931259
SteersMedium and Large 1—520165.78/cwt158.00–171.00862266
HeifersMedium and Large 1—670127.66/cwt125.00–129.0085529
SteersMedium and Large 1—367174.08/cwt172.00–176.006396
SteersMedium and Large 1—743143.00/cwt143.00–143.001,06220
SteersMedium and Large 1—417168.22/cwt161.50–174.5070179
SteersMedium and Large 1—481160.17/cwt157.50–164.5077093

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.