Eastern Cornbelt Direct Feeder Cattle
USDA - Fri Nov 08, 5:43AM CST
GX_LS161   
Springfield, IL    Fri Nov 08, 2019   USDA-IL Dept of Ag Market News

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

This week: 1,368     Last week: 3,080      Last Year: 933

   Compared to last week:  Feeder steers and heifers not tested 
on a Current FOB Basis this week.  Demand moderate.  Supply included
88 percent over 600 lbs; 91 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 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  120      825       825       134.00         134.00   Dec     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  320    600-625     612    139.00-140.00     139.49   Current FOB   
  325      750       750       130.00         130.00   Dec     FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  135      725       725       128.00         128.00   Dec     FOB   
  130      750       750       128.00         128.00   Jan     FOB   
  335      725       725       119.55         119.55   Feb     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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