Eastern Cornbelt Direct Feeder Cattle
GX_LS161   
Springfield, IL    Sep 14, 2018   USDA-IL Dept of Ag Market News

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

This week: 3,486      Last week: 2,611      Last Year: 732

   Compared to last week:  No trend available for feeder steers and
heifers due to limited comparable sales.  Supply included 100 
percent over 600 lbs; 56 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
   78      668       668       154.00         154.00   Current FOB   
   63      760       760       151.00         151.00   Current FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   70      725       725       147.50         147.50   Current FOB   
  660    800-825     811    139.90-141.00     140.49   Nov     FOB   
  470    800-825     815    136.00-139.00     137.13   Dec     FOB   
  190      825       825       136.50         136.50   Jan     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  500      650       650       149.32         149.32   Sep-Oct FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  535      725       725       138.50         138.50   Current FOB   
   65      750       750       136.00         136.00   Current FOB   
   65      750       750       134.50         134.50   Nov     FOB   
  335      725       725    131.00-132.50     131.60   Dec     FOB   
  455      750       750    127.40-132.50     130.31   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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