Eastern Cornbelt Direct Feeder Cattle
GX_LS161   
Springfield, IL    Fri Apr 12, 2019   USDA-IL Dept of Ag Market News

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

This week: 4,163     Last week: 2,242      Last Year: 917

   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
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  290      825       825       140.00         140.00   Jul     FOB   
  290      825       825       139.00         139.00   Aug     FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   55      887       887       125.50         125.50   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   77      625       625       143.43         143.43   Current FOB   
  437    650-675     671    138.40-140.00     138.67   Current FOB   
  269      725       725       132.30         132.30   Jun     FOB   
  650      750       750    131.00-134.00     132.50   Jun     FOB   
  200      725       725       135.70         135.70   Jul     FOB   
  650      750       750       136.00         136.00   Jul     FOB   
  325      750       750       135.00         135.00   Aug     FOB   
  325      750       750       136.00         136.00   Sep     FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  140      725       725       129.15         129.15   Current FOB   
  455      750       750    125.00-126.00     125.57   Current 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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