Iowa-Southern Minnesota Feeder Cattle Weekly Summary
USDA - Fri Sep 13, 7:26AM CDT
NW_LS165 
Oklahoma City, OK    Fri Sep 13, 2019    Oklahoma City, OK USDA
 
Iowa-Missouri Direct Feeder Cattle Sales
Feeder Cattle Weighted Average Report for 09/13/2019

Receipts: 1,074      Last week: 1,072    Last Year: 256

    Compared to the last week: Limited Current FOB sales to compare to 
however a lower undertone was noted.  Demand moderate.  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.  
Supply included 100 Percent over 600 lbs; 12 percent heifers.  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
  176      859       859       130.00         130.00   Current FOB   
  260      750       750    131.15-131.55     131.35   Nov     FOB   
  118      850       850       135.00         135.00   Current Del   
  167      900       900       131.00         131.00   Current Del   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  220      935       935       119.53         119.53   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   70      700       700       127.50         127.50   Current FOB   
   63      800       800       125.00         125.00   Current Del   

Source:  USDA Market News Oklahoma City, OK
         Joe Massey Market Reporter, 405-232-5425
         24 Hour Market Report 1-405-636-2691
         www.ams.usda.gov/mnreports/NW_LS165.txt