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USDA-TO: WY, West Nebraska and West Dakotas Direct Feeder Cattle WTD Average

Kearney, NE - Thu Nov 09, 2017 - USDA-NE Dept of Ag Market News

Wyoming and Nebraska Direct Feeder Cattle Summary

Feeder Cattle Weighted Average Report for 11/09/2017

Receipts: 700      Week Ago: 489    Year Ago: 320  

   No comparable sales from last week for a market comparison. Demand was 
good for all reported cattle. True yearling feeders are getting tougher to 
find every week for feedlots. But, after the Thanksgiving holiday there 
usually are more longtime weaned calves for feedlots to choose from to fill 
empty pens.  Nebraska slaughter cattle live sales traded 1.00 to 3.00 lower 
on the week from 122.00 to 124.00 and dressed trades sold steady at 192.00.  
NASS release the crop production report today with '17 corn crop 14.578 bil 
bu (14.323 avg. guess) with '17-18 ending corn stocks 2.487 bil bu (2.360 
avg. guess). These numbers probably are not a big surprise with all of the 
corn piled in outside bunkers as corn harvest in Nebraska is only 68 percent 
complete per NASS week ending November fourth. Direct prices are current FOB 
with a 2-3 percent shrink or equivalent and with a 10-16 cent slide on 
calves and 8-10 cent slide on yearlings from base weight. Delivered prices 
include freight, commissions and other expenses. Current sales are up to 14 
days delivery. Feeder cattle supply comprised of 100 percent steers and all 
weighed over 600 lbs. (Early release of this report is due to Veterans 
Holiday on Friday.) 

     Feeder Steers Medium and Large 1: FOB: 885 lbs 159.21. 

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  700      885       885       159.21         159.21   Current FOB

Replacement Cows

Receipts: 457     Week Ago:  0     Year Ago:  0

Bred heifers in 1st to mostly 2nd trimester and most are Artificial bred (AI) 
to low birth weight bulls for 1 to 10 days calving period. Few, lots will 
have a 21 day calving period. All are out of the Sandhills area and have a 
complete vaccination program. 

Medium and Large 1: Bred heifers 950-1100 lbs 1575.00-1800.00, mostly 

Source:  NE Dept of Ag - USDA Market News Service, Kearney NE
         Thomas Walthers, OIC 308-390-5399
         24 Hour Market Report 307-532-7200

1535c tlw


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