Eastern Cornbelt Direct Feeder Cattle
GX_LS161   
Springfield, IL    Nov 16, 2018   USDA-IL Dept of Ag Market News

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

This week: 1,118      Last week: 933      Last Year: 519

*** Due to holiday next week this report will be issued on 11/21/18 ***

   Compared to last week:  No trend available for feeder steers and
heifers due to limited comparable FOB sales. Winter has finally arrived
bringing wide spread snow across the trade area.  Supply included 100
percent over 600 lbs; 67 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
  170      900       900    139.02-140.54     139.56   Current FOB   
   66      725       725       143.50         143.50   Dec     FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   65      750       750       128.15         128.15   Jan     FOB  Calves
   69      700       700       130.15         130.15   Jan     FOB  Calves

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  481    700-725     710    126.15-128.15     127.23   Jan     FOB   
  267      725       725    122.10-122.60     122.47   Feb     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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