WY, West Nebraska and West Dakotas Direct Feeder Cattle WTD Average
Kearney, NE     Fri May 19, 2017   USDA-NE Dept of Ag Market News
Wyoming and Nebraska Direct Feeder Cattle Summary

Feeder Cattle Weighted Average Report for 05/19/2017

Receipts:  350      Week Ago:  6,525    Year Ago:  320

    No comparable sales last week for a market comparison. Demand was 
light this week after lower trading prevailed on the CME cattle boards 
most of the week. Also, most yearling cattle are out on summer grass and 
buyers and sellers are waiting to see what direction the summer yearling 
market will go. Some areas of Wyoming and the panhandle of Nebraska 
received snow with some reports near 12 inches with other areas in 
Nebraska receiving rain. Slaughter cattle trade was a disappointment to 
some cattle feeders as the price slipped back. But, live and dressed 
sales are still trading with a positive basis to the nearby June board. 
This week�s live cattle in Nebraska sold 2.50-3.00 lower from 133.00-
135.50 and dressed sales sold 5.00-10.00 lower ranging from 210.00-
215.00.  Direct prices are current FOB with a 2-3 percent shrink or 
equivalent and with a 10-15 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.  Friday�s 
supply include 100 percent steers with all receipts over 600 lbs. 

   Feeder Steers Medium and Large 1: Future Delivery 760 lbs 158.00 Jun. 

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  350      760       760       158.00         158.00   Jun     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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