Eastern Cornbelt Direct Feeder Cattle
USDA - Fri Sep 06, 6:20AM CDT
GX_LS161   
Springfield, IL    Fri Sep 06, 2019   USDA-IL Dept of Ag Market News

Eastern Cornbelt Direct Feeder Cattle Summary
Illinois, Indiana, Michigan, Minnesota, Ohio, and Kentucky 

This week: 4,168     Last week: 5,162      Last Year: 2,611

   Compared to last week:  Feeder steers and heifers were not tested 
on a Current FOB Basis last week.  Demand moderate.  Supply included 100
percent over 600 lbs; 70 percent heifers.  Prices based on net weights
FOB after a 3 percent shrink or equivalent and 5-10 cent slide on calves
and 4-6 cent slide on yearlings from base weights.  Delivered prices
include freight, commissions and other expenses.  Current sales are up to
14 days delivery.

               Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   67      747       747       149.00         149.00   Current FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   67      725       725       132.00         132.00   Current FOB   
  350      700       700       133.50         133.50   Sep-Oct FOB   
   60      792       792       129.50         129.50   Current FOB   
   67      725       725       119.35         119.35   Nov     FOB   

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  650      765       765       128.50         128.50   Sep-Oct FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   72      673       673       129.00         129.00   Current FOB   
  535      725       725       124.00         124.00   Sep-Oct FOB   
  195      750       750       123.00         123.00   Current FOB   
  845      750       750    122.00-124.00     123.00   Oct     FOB   
  210      700       700       112.35         112.35   Nov     FOB   
  780      750       750    122.00-123.00     122.58   Nov     FOB   

                Feeder Heifers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  135      725       725       113.35         113.35   Nov     FOB   
  135      725       725       111.25         111.25   Dec     FOB   

Source: USDA Dept of Ag Market News Oklahoma City, OK 
           Joe Massey, Market Reporter
           Telephone   405-232-5425
           www.ams.usda.gov/mnreports/GX_LS161.txt

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