TO_LS765 
Kearney, NE     Fri Sep 18, 2020   USDA-NE Dept of Ag Market News

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Wyoming and Nebraska Direct Feeder Cattle Summary
Feeder Cattle Weighted Average Report for 09/18/2020

Receipts: 200    Week Ago: None    Year Ago: 2,080

No reportable trade last week for a market comparison. Demand was good 
for the short supply of cattle reported. A lot of buyers’ attention was 
at various video auctions and auction barns with several strings of top 
quality calves and yearlings on hand. Some feedlots still chopping silage 
with others moving over to high moisture corn. Some reports that the 
“smoke” from the west is hindering drying down the corn and other forages 
that need to be baled. So, some feedlot are at a standstill waiting for 
the corn to hit the moisture target for packing. Direct prices are 
current FOB with a 2-3 percent shrink or equivalent, with a 10-12 cent 
slide on calves and 6-8 cent slide on feeders from base weight. Delivered 
prices include freight, commissions and other expenses. Offering included 
all steers with all over 600 lbs. 


               Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price   Delivery
  200      810       810       144.00         144.00   Current Del   

             
Source:  NE Dept of Ag - USDA Market News Service, Kearney NE
         Thomas Walthers, OIC 308-390-5399
         Email: Thomas.walthers@usda.gov    
         www.ams.usda.gov/mnreports/TO_LS765.txt

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