Weekly Summary, Nebraska

For the week, steers less than 600 lbs sold 5.00 to 10.00 higher, 600 to 800 lbs sold 2.00 to 10.00 lower, 8 weight sold 8.00 higher and 9 weight sold 2.00 higher. Most weights of heifers less than 800 lbs sold 10.00 to 15.00 higher, over 800 lbs sold 7.00 higher. Demand was moderate to good. 58 percent of the feeder cattle receipts this week comprise of heifers. The bulk of these heifers came off one ranch company and were sold due to the lost of pasture and feed resources from the "Morrill" fire this month. Other range fires broke out this week from "dry lighting strikes" burning another 50 thousand plus acres of native Sandhill grassland. Ranchers are faced with some hard decision on what they will do with their livestock if Mother Nature doesn't shower the state with much need moisture. Feedlots traded show list at steady money before the CME live cattle futures took an upward trend on Friday. Live sales sold at 235.00 and dressed sales at 372.00.

Receipts