Eastern Cornbelt Direct Feeder Cattle
GX_LS161   
Springfield, IL    Fri Jan 04, 2019   USDA-IL Dept of Ag Market News

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

This week: 531      Last week: 335      Last Year: 306

   Compared to last week:  No trend available for feeder steers and
heifers due to limited comparable FOB sales.  Supply included 100 
percent over 600 lbs; 89 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
   64      725       725       131.00         131.00   Mar     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   65      750       750       131.00         131.00   Current FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   65      775       775       127.00         127.00   Current FOB   
  195      750       750       125.00         125.00   Feb     FOB   
  172    700-725     716    124.00-126.00     124.69   Mar     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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