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

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

*** No report next week due to the holiday ***

This week: 2,679     Last week: 4,449      Last Year: Holiday

   Compared to last week:  Feeder steers and heifers not tested 
on a Current FOB Basis last week.  Demand moderate.  Supply included
100 percent over 600 lbs; 92 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
   54      900       900       138.02         138.02   Current FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  175      825       825       134.25         134.25   Jan     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  130      775       775       130.48         130.48   Current FOB   
  120      800       800       128.48         128.48   Current FOB   
  140      675       675       131.00         131.00   Dec     FOB   
  405      725       725       126.00         126.00   Jan     FOB   
  195      750       750       128.00         128.00   Jan     FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
 1135      725       725    118.75-119.55     119.05   Feb     FOB   
  325      750       750       122.00         122.00   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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