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

Kearney, NE - Fri Feb 09, 2018 - USDA-NE Dept of Ag Market News

Wyoming and Nebraska Direct Feeder Cattle Summary

Feeder Cattle Weighted Average Report for 02/09/2018

Receipts: 510     Week Ago: 1,395     Year Ago: 2,672     

    Compared to last week, 700 lbs steers sold 4.00 higher, 800 lbs sold 
3.00 lower with high 6 weight heifers selling 3.00 lower and high 7 
weight heifers selling steady all on a thin test. Demand was moderate for 
country cattle this week. Most feedlots are procuring cattle out of 
auctions where there are plenty of cattle to choose from. Uncertainty in 
the feedlot trade this week as packers and feedlots are holding firm on 
bidding and asking price alike. Feedlots are priced higher than last 
week’s market but packers are bidding steady money at press time of this 
report. Colder temps in the reporting areas are in the forecast over the 
weekend with snow likely in most areas. Direct prices are current FOB 
with a 2-3 percent shrink or equivalent and with a 10-20 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 this week included 30 percent heifers with all 
over 600 lbs.

     Feeder Steers Medium and Large 1: FOB: 700 lbs 159.32; 800 lbs 
149.32. Delivered: 825 lbs 152.75.    

     Feeder Heifers Medium and Large 1: FOB: 675 lbs 152.32; 775 lbs 
                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  100      700       700       159.32         159.32   Current FOB   
  125      800       800       149.32         149.32   Current FOB   
  130      825       825       152.75         152.75   Current Del   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   75      675       675       152.32         152.32   Current FOB   
   80      775       775       143.32         143.32   Current FOB   

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

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