GX_LS161   
Springfield, IL    Fri Apr 26, 2019   USDA-IL Dept of Ag Market News

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

This week: 1,853     Last week: 3,672      Last Year: 1,698

   Compared to last week:  Feeder steers and heifers were to lightly
tested on FOB Basis for an accurate market trend.  Demand good.  
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
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  130      750       750       146.77         146.77   Jun     FOB   
   67      725       725       149.77         149.77   Jul     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  535      725       725       135.72         135.72   Current FOB   
  455      750       750       129.00         129.00   Current FOB   
  205    700-725     716    136.77-139.77     137.77   Jun     FOB   
   67      725       725       137.63         137.63   Jul     FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  394    711-725     723    127.00-128.00     127.17   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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