Eastern Cornbelt Direct Feeder Cattle Summary

GX_LS161   
Springfield, IL Fri Mar 15, 2019 USDA-IL Dept of Ag Market News

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

This week: 2,637 Last week: 3,656 Last Year: 429

Compared to last week: Feeder steers and heifers were to lightly
tested on FOB Basis for an accurate market trend. Demand moderate to
good. Supply included 100 percent over 600 lbs; 78 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
200 700 700 145.00 145.00 Current FOB
720 800-825 810 131.00-134.00 132.27 Current FOB
290 825 825 131.50 131.50 May FOB

Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
290 825 825 128.50 128.50 Apr FOB

Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
330 725-745 729 122.00-128.00 126.88 Current FOB
200 750 750 124.00 124.00 Current FOB
325 750 750 126.00 126.00 Apr FOB
200 725 725 128.10 128.10 May FOB

Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
82 671 671 129.80 129.80 Current 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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