Eastern Cornbelt Direct Feeder Cattle
GX_LS161   
Springfield, IL    Fri May 24, 2019   USDA-IL Dept of Ag Market News

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

This week: 1,909     Last week: 200      Last Year: 1,696

   Compared to last week:  Feeder steers and heifers were not tested 
on a Current FOB Basis for an accurate market trend.  Demand moderate. 
Supply included 100 percent over 600 lbs; 79 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
   65      750       750       133.00         133.00   Jul     FOB   
  270      725       725       133.15         133.15   Aug     FOB   
   65      750       750       133.15         133.15   Aug     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   70      725       725       125.65         125.65   Current FOB   
  677      725       725       123.15         123.15   Jul     FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  762    700-725     707    120.15-122.15     121.61   Aug     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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