TO_LS765 Kearney, NE Fri Aug 21, 2020 USDA-NE Dept of Ag Market News **** NOTICE: As Market News transitions reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_3237.pdf. If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov. **** Wyoming and Nebraska Direct Feeder Cattle Summary Feeder Cattle Weighted Average Report for 08/21/2020 Receipts: 3,444 Week Ago: 954 Year Ago: 5,860 No comparable offerings from last week for a comparison. However, a higher undertone was noted. Demand was good for yearlings and for fresh calves for early fall delivery. Dryness continues across the state with some cattle not hitting the estimated base weights. Rain has been in very short supply this summer and has made the range a place for fires. Feedlots in Nebraska might be a tick disappointed in the trade this week as live and dressed sales sold unevenly steady. Live sales at 106.00 and dressed at 169.00. 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. Offerings comprised of 86 percent heifers with near 90 percent over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 250 850 850 147.50 147.50 Current FOB 220 450 450 181.00 181.00 Oct FOB Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 186 750 750 147.50 147.50 Current FOB 58 925 925 134.00 134.00 Current FOB 2600 880 880 140.50 140.50 Sep FOB 130 400 400 169.00 169.00 Oct FOB 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 1145c tlw