Eastern Cornbelt Direct Feeder Cattle Summary

GX_LS161   
Springfield, IL Fri May 24, 2019 USDA-IL Dept of Ag Market News

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

This week: 1,909 Last week: 200 Last Year: 1,696

Compared to last week: Feeder steers and heifers were not tested
on a Current FOB Basis for an accurate market trend. Demand moderate.
Supply included 100 percent over 600 lbs; 79 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
65 750 750 133.00 133.00 Jul FOB
270 725 725 133.15 133.15 Aug FOB
65 750 750 133.15 133.15 Aug FOB

Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
70 725 725 125.65 125.65 Current FOB
677 725 725 123.15 123.15 Jul FOB

Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
762 700-725 707 120.15-122.15 121.61 Aug 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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