WY, West Nebraska and West Dakotas Direct Feeder Cattle WTD Average
TO_LS765 
Kearney, NE     Fri Sep 14, 2018   USDA-NE Dept of Ag Market News
 
Wyoming and Nebraska Direct Feeder Cattle Summary

Feeder Cattle Weighted Average Report for 09/14/2018

Receipts:  1,720    Week Ago: 1,050     Year Ago: 540     

   Compared to last week: Feeder steers and heifers had limited weight 
ranges from last week to compare to however a higher undertone is noted
specifically on the heifers for this week.  Contacts continue to focus on
the video sales and the crop aspect of their operations with reports of most
feedyards being pretty full.  The cattle that were procured came at a little
higher price this week for those that made some room.  Demand good despite the
limited pen space.  Parts of Eastern Colorado remain dry with other yards in
Nebraska still fighting off the muddy lots.  Direct prices are current FOB with
a 2-3 percent shrink or equivalent and with a 12 cent slide on calves and 8 cent
slide on yearlings from base weight.  Delivered prices include freight, commissions
and other expenses. Current sales are up to 14 days delivery. Receipts this week
included 29 percent steers with all cattle over 600 lbs.

   Feeder Steers Medium and Large 1: FOB: 725 lbs 168.31.  800-825 lbs
156.22-159.17.   

   Feeder Heifers Medium and Large 1: FOB 775 lbs 149.17. 825 lbs 
146.57.  850-850 lbs 145.18-146.23.  Future FOB 890 lbs 143.27. 
Delivered: 825 lbs 149.00.  Medium and Large 1-2: 800 lbs 144.50.  

                     Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  290      725       725       168.31         168.31   Current FOB   
  210    800-825     808    156.22-159.17     158.17   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery 
  150      775       775       149.17         149.17   Current FOB   
  100      825       825       146.57         146.57   Current FOB   
  210    850-860     855    145.18-146.23     145.71   Current FOB   
  500      890       890       143.27         143.27   Sep-Oct FOB   
  135      825       825       149.00         149.00   Current Del   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   60      800       800       144.50         144.50   Current Del   
  

Source:  NE Dept of Ag - USDA Market News Service, Kearney NE
         Thomas Walthers, OIC 308-390-5399
         24 Hour Market Report 307-532-7200
         www.ams.usda.gov/mnreports/TO_LS765.txt
 

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