WY, West Nebraska and West Dakotas Direct Feeder Cattle WTD Average
TO_LS765 
Kearney, NE     Fri Apr 13, 2018   USDA-NE Dept of Ag Market News
 
Wyoming and Nebraska Direct Feeder Cattle Summary

Feeder Cattle Weighted Average Report for 04/13/2018

Receipts: 5,533     Week Ago: 134     Year Ago: 2,501     

    Not enough comparable cattle from last week for a market trend. 
Demand was good after sharp gains in the CME cattle boards this week. 
Slaughter cattle trading is very slow in most feeding sectors this week. 
Nebraska has traded only 2900 head as of Friday morning with live sales 
ranging from 114.00-118.00 and dressed sales 188.00-189.00. With the 
114.00 live trades for early May delivery. Feedlots in Nebraska are 
priced at 120.00-122.00 live and 190.00-192.00 dressed and are not 
wanting to back up from those asking prices as a major spring blizzard is 
on the horizon and is to dump 6-24 inches of snow across many areas of 
the state along with 40-60 MPH winds!  Direct prices are current 
FOB with a 3-4 percent shrink or equivalent and with a 14 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 22 percent steers with all 
cattle over 600 lbs.


   Feeder Steers Medium and Large 1: FOB: 900 lbs 131.79-131.82. 
Delivered: 860-875 lbs 133.36-137.25; 900 lbs 125.00. Future Delivery 
Delivered: 800 lbs 141.00 May. 

   Feeder Heifers Medium and Large 1: FOB: 775 lbs 134.15; 835 lbs 
122.32. Delivered: 770 lbs 126.30. 


                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  600      900       900    131.79-131.82     131.80   Current FOB   
  185    860-875     865    133.35-137.25     135.97   Current Del   
  120      900       900       125.00         125.00   Current Del   
  338      800       800       141.00         141.00   May     Del   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
 4000      775       775       134.15         134.15   Current FOB   
  150      835       835       122.32         122.32   Current FOB   
  140      770       770       126.30         126.30   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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