WY, West Nebraska and West Dakotas Direct Feeder Cattle WTD Average
Kearney, NE     Fri Oct 05, 2018   USDA-NE Dept of Ag Market News
Wyoming and Nebraska Direct Feeder Cattle Summary

Feeder Cattle Weighted Average Report for 10/05/2018

Receipts: 1,295     Week Ago: 2,258     Year Ago: 1,988   

   Compared to last week, yearling steers sold fully steady, steer calves 
sold steady with no comparable heifer sales for a market trend. 
Demand was good for true yearling feeders and for bawling calves. Some 
feedlots in Nebraska sold some market ready cattle at 175.00 on Thursday, 
1.00 higher than previous test. Many feedlots continue to hold for more 
cash at the CME board bangs around the 113.75 range.  Light rain across 
some areas of the reporting regions overnight has put harvest at a 
snail�s pace but the auction markets continue to sell cattle like a jack 
rabbit as in leaps and bounds higher than last week. Once again, there is 
a heavy appetite for procuring cattle as some feed yards have added pen 
space along with huge piles of feed that will last until next fall. Cheap 
gains is on every ones minds as buyers bid readily at auctions, video 
sales and for direct cattle to fill empty pen space. Direct prices are 
current FOB with a 2-3 percent shrink or equivalent and with a 10-25 cent 
slide on calves and 6-8 cent slide on yearlings from base weight. 
Delivered prices include freight, commissions and other expenses. Current 
sales are up to 14 days delivery. Receipts comprised of 34 percent steers 
with near 85 percent over 600 lbs. 

   Feeder Steers Medium and Large 1: FOB: 535 lbs 180.00; 775 lbs 167.00. 
Delivered: 875 lbs 152.85.  

   Feeder Heifers Medium and Large 1: FOB: 720 lbs 157.00; 775 lbs 

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  200      535       535       180.00         180.00   Current FOB   
  120      775       775       167.00         167.00   Current FOB   
  120      875       875       152.85         152.85   Current Del   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  225      720       720       157.00         157.00   Current FOB   
  630      775       775    155.33-157.99     155.63   Current FOB  

Replacement Cows

Receipts: 40     Week Ago: None     Year Ago: None

Cow/calf Pairs: Medium and Large 1: Young cows 1250 lbs with 150-200 lbs 
calves 1600.00 per pair.      


Source:  NE Dept of Ag - USDA Market News Service, Kearney NE
         Thomas Walthers, OIC 308-390-5399
         24 Hour Market Report 307-532-7200
         Email: Thomas.walthers@ams.usda.gov    

1130c tlw