Eastern Cornbelt Direct Feeder Cattle
USDA - Fri Aug 09, 8:34AM CDT
GX_LS161   
Springfield, IL    Fri Aug 09, 2019   USDA-IL Dept of Ag Market News

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

This week: 2,907     Last week: 3,336      Last Year: 6,500

   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; 52 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
  735      725       725       138.00         138.00   Current FOB   
  650      765       765       135.00         135.00   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  384      750       750       130.39         130.39   Current FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  195      750       750       123.00         123.00   Current FOB   
  943    700-725     723    121.40-128.35     122.26   Oct     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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