Eastern Cornbelt Direct Feeder Cattle Summary

GX_LS161   
Springfield, IL Fri Sep 20, 2019 USDA-IL Dept of Ag Market News

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

This week: 9,171 Last week: 5,562 Last Year: 3,486

Compared to last week: Feeder steers and heifers were not tested
on a Current FOB Basis last week but a few trades were 1.00-3.00
higher. Demand moderate to good. Supply included 94 percent over 600
lbs; 53 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
85 575 575 143.64 143.64 Current FOB
140 700-725 712 140.00-140.08 140.04 Current FOB
389 765-775 773 137.00-138.63 137.27 Current FOB
61 815 815 133.00 133.00 Current FOB
180 725 725 135.43 135.43 Oct FOB
1800 765 765 135.00 135.00 Oct FOB

Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
420 800-825 818 130.00-131.00 130.72 Current FOB
360 825 825 129.00-131.00 130.67 Oct FOB
325 750 750 123.95-124.00 123.97 Nov FOB
290 825 825 127.00 127.00 Nov FOB
290 825 825 126.00 126.00 Dec FOB

Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
425 575 575 137.00 137.00 Current FOB
315 625-640 632 132.00-135.00 134.23 Current FOB
200 725 725 128.00 128.00 Current FOB
160 625 625 135.00 135.00 Oct FOB
1270 725 725 130.00-131.00 130.31 Oct FOB

Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
72 675 675 127.00 127.00 Current FOB
405 725 725 125.00-126.00 125.33 Current FOB
612 725 725 119.00 119.00 Nov FOB
267 725 725 114.20-115.00 114.80 Dec FOB
910 750 750 122.00-123.00 122.36 Dec FOB
195 750 750 117.00 117.00 Jan 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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