Sale reports / Nebraska / Sheridan / 2020-11-11

Sheridan

Feeder Cattle · Replacement Cattle · Rushville, Nebraska · Wed, Nov 11
● Final19 lots reportedUSDA AMS · slug 1859
Feeder Cattle receipts
1,071 head
2,299 vs last sale 3,370 655 vs year ago 416 · +157.5%
Replacement Cattle receipts
100 head
100 vs last sale 0 18 vs year ago 118 · 15.3%
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Reporter comment USDA

As filed

Compared to last week steers and heifers sold unevenly steady. Demand was good for the short supply of calves and bred cows. Some of the calves were longtime weaned. Few, consignments didn't make it to town due to the light snow and rain earlier in the week. Next Wednesday, Nov 18, will be a special bred heifer and cow auction.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $156.85/cwt on 552 head.
Average price
$156.85
552 head · 577 lb average
Value per head Derived
$905
Price × average weight ÷ 100
Grade differential Derived
$91
per head · Medium and Large 1 over Medium and Large 1-2
$7.74/cwt at this weight
vs the market
10.01
vs NE average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1580157.58914500
Medium and Large 1-2549149.8382352
One grade step is worth $7.74/cwt here — about $91 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 sale552 hd
156.85
NE average11 barns · 14,897 hd
166.86
−10.01
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

19 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
SteersMedium and Large 1534155.17/cwt150.00–157.5082991
HeifersMedium and Large 1Fancy557150.25/cwt150.25–150.2583758
HeifersMedium and Large 1582139.50/cwt139.50–139.508128
HeifersMedium and Large 1383157.50/cwt157.50–157.5060310
HeifersMedium and Large 1410149.50/cwt149.50–149.5061334
HeifersMedium and Large 1624136.65/cwt129.50–139.7585342
HeifersMedium and Large 1479152.29/cwt148.50–157.5072979
HeifersMedium and Large 1-2540132.00/cwt132.00–132.007137
SteersMedium and Large 1573161.67/cwt151.00–166.00926161
SteersMedium and Large 1-2488159.18/cwt158.50–161.0077722
SteersMedium and Large 1813138.00/cwt138.00–138.001,12215
SteersMedium and Large 1665150.62/cwt146.25–154.251,002139
SteersMedium and Large 1-2565145.13/cwt141.50–149.7582018
SteersMedium and Large 1429168.66/cwt165.00–169.5072436
SteersMedium and Large 1-2638139.75/cwt139.75–139.7589212
Bred CowsMedium and Large 11,319904.21/cwt860.00–1,025.0011,92794
SteersMedium and Large 1468169.54/cwt162.00–173.0079347
HeifersMedium and Large 1516147.67/cwt144.50–149.50762105
SteersMedium and Large 1638144.75/cwt144.75–144.7592411

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.