Cattle Market Pulse

Nebraska Weekly Livestock Auction Summary

Nebraska · USDA-reported Auction Livestock

Sale of Monday, September 2, 2024

10,082 head sold ·Official USDA report

This is an archived report. See the latest Nebraska Weekly Livestock Auction Summary report →

light 9-weight M&L 1 steers $245.35/cwt +6.47 vs last sale · ≈ $2,252/hd at 918 lb · 1,307 head
heavy 8-weight M&L 1 steers $248.64/cwt +4.59 vs last sale · ≈ $2,176/hd at 875 lb · 1,084 head
light 8-weight M&L 1 heifers $230.38/cwt -5.33 vs last sale · ≈ $1,900/hd at 825 lb · 892 head

Receipts

HeadThis saleLast saleLast year
Total receipts 10,082 5,475 9,785
Feeder cattle 10,068 5,475 9,670
Replacement cattle 14 — 115

Market comments — USDA reporter

Compared to last week new crop spring calves too lightly tested. Yearling steers and heifers sold steady to 6.00 higher excepts 900 lbs heifers sold 3.00 lower. Demand was moderate for light weight calves with good demand for yearling feeders. Feedlots sent out buy orders as it's that time of year where yearling feeders are getting in tight supply to purchase. Hence, why the market was higher this week on those cattle even though the CME cattle boards traded lower most of the week. Big piles of cheaper feed are getting laid into feedlots and it should help with a cost of gain less than a dollar this fall without interest. Feedlot sales were slow to trade with live sales 3.00 lower at 181.00 and dressed sales sold steady to 4.00 lower at 288.00.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 12 322.50 $322.50 $1,306 -42.50
466 unweaned 466 39 333.00 $333.00 $1,552 —
493 493 42 312.00 $312.00 $1,538 -28.00
524–537 531 26 285.00–303.00 $293.89 $1,561 -46.14
537 unweaned 537 23 301.00 $301.00 $1,616 —
555 unweaned 555 12 300.00 $300.00 $1,665 —
564–588 585 91 280.50–303.50 $298.85 $1,748 —
595 595 46 301.00 $301.00 $1,791 —
625–638 632 48 269.50–300.00 $288.27 $1,822 +13.16
647 647 7 270.50 $270.50 $1,750 -4.61
652–675 655 130 258.00–291.00 $281.15 $1,842 +31.15
700–743 719 218 256.50–280.00 $271.60 $1,953 +10.16
745 745 20 264.00 $264.00 $1,967 +2.56
761–795 782 369 252.00–266.50 $260.11 $2,034 +2.89
802–836 820 257 242.00–258.00 $251.43 $2,062 -0.71
853–897 875 1,084 236.00–254.50 $248.64 $2,176 +2.89
901–948 918 1,307 232.50–252.50 $245.35 $2,252 +6.47
952–994 976 729 225.25–240.75 $233.54 $2,279 +2.16
1002–1047 1031 789 217.50–234.75 $227.92 $2,350 -0.89
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1104–1122 1115 247 214.00–218.00 $216.40 $2,413 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
635–638 637 29 270.00–272.00 $270.41 $1,723 —
678–680 679 15 244.00–269.00 $254.02 $1,725 —
735 735 25 251.00 $251.00 $1,845 -7.00
788 788 10 238.50 $238.50 $1,879 -0.75
810–822 816 46 222.00–232.50 $228.43 $1,864 -10.39
868 868 15 235.00 $235.00 $2,040 —
922 922 12 217.50 $217.50 $2,005 —
985–986 986 14 205.00–223.50 $215.58 $2,126 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 unweaned 340 6 315.00 $315.00 $1,071 —
403 unweaned 403 17 306.75 $306.75 $1,236 —
479 unweaned 479 36 288.00 $288.00 $1,380 —
460–494 481 22 275.00–295.00 $284.08 $1,366 -6.97
514–523 520 13 260.00–284.50 $269.32 $1,400 —
593 593 36 264.50 $264.50 $1,568 -12.55
613–647 632 125 249.00–264.00 $258.57 $1,634 +0.81
663 663 20 254.00 $254.00 $1,684 +7.52
661–699 679 253 241.00–257.50 $250.01 $1,698 +3.53
713–748 735 559 235.00–254.00 $245.17 $1,802 -3.33
768 768 30 245.00 $245.00 $1,882 +4.94
753–798 778 164 223.00–238.00 $235.13 $1,829 -4.93
801–846 819 645 222.00–234.50 $229.91 $1,883 -8.05
813–848 839 247 224.00–235.00 $231.60 $1,943 -0.06
852–894 876 430 218.50–237.00 $227.75 $1,995 -1.48
895–899 898 82 225.75–229.00 $228.25 $2,050 +8.25
900–949 930 320 213.00–231.50 $223.90 $2,082 -3.65
967 967 57 222.25 $222.25 $2,149 -0.63
963–995 977 444 214.00–235.00 $222.46 $2,173 -0.42
1015 1015 12 217.50 $217.50 $2,208 -1.88
1089 1089 23 208.75 $208.75 $2,273 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
578 578 5 253.00 $253.00 $1,462 —
608 608 5 240.00 $240.00 $1,459 —
691 691 13 238.50 $238.50 $1,648 —
724 724 9 226.00 $226.00 $1,636 —

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Cow-Calf Pairs

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1398 1398 Young/Middle Aged (2-8 yrs)Open 9 2,800.00 $2,800.00 —

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Reading this report

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.