Eastern Cornbelt Direct Feeder Cattle
GX_LS161   
Springfield, IL    Fri Mar 08, 2019   USDA-IL Dept of Ag Market News

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

This week: 3,656      Last week: 1,009      Last Year: 123

   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
  183      825       825       137.98         137.98   Current FOB   
   70      700       700       139.50         139.50   Jun     FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  180      800       800       130.50         130.50   Mar-Apr FOB   
  360      825       825       131.00         131.00   Apr     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   75      623       623       137.98         137.98   Current FOB   
  195      775       775       124.18         124.18   Current FOB   
  650      750       750       125.00         125.00   Mar-Apr FOB   
  135      725       725       129.10         129.10   May     FOB   
  325      750       750       129.00         129.00   May     FOB   
   70      700       700       129.50         129.50   Jun     FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
 1413      725       725    125.50-127.50     126.80   May     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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