Eastern Cornbelt Direct Feeder Cattle
GX_LS161   
Springfield, IL    Fri Mar 22, 2019   USDA-IL Dept of Ag Market News

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

This week: 2,322      Last week: 2,637      Last Year: 2,043

   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; 85 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
  290      825       825       130.00         130.00   Apr     FOB   
   70      700       700       140.30         140.30   Jun     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  150      635       635       134.29         134.29   Current FOB   
  200      725       725       140.00         140.00   Apr     FOB   
  325      750       750       129.65         129.65   May     FOB   
  470      725       725    133.30-135.85     134.41   Jun     FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  265      750       750       124.64         124.64   Current FOB   
  552    700-725     709    128.30-130.30     129.55   Jun     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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