MFA Agri Services of Iowa – Corydon, Leon and Lineville.

CLICK - MFA CONNECT

AM_LS766
Amarillo, TX      Thu   Jun 03, 2004     USDA Market News
 
Producers Internet Auction - Thursday - Jun 03, 2004

Cattle offered: 1,200

 Trade and demand moderate.  Cattle offered from Florida and Mississippi.  
Supply included 17 percent feeder cattle over 600 lbs.  Supply 72 percent steers
 
and 28 percent heifers.  Prices based on weights FOB with 1-3 percent pencil 
shrink or equivalent, and slides of 4-10 cents on calves and 4-8 cents on 
yearlings.  Delivery period Current thru December.

    ***************************************************************
         Eastern States: All states east of the Mississippi
                      Louisiana and Arkansas.
    ***************************************************************

                 Feeder Steer Medium and Large 1
   Head   Wt Range     Avg Wt     Price Range     Avg Price  Delivery
    159      630          630       113.50           113.50   Oct-Dec

                Feeder Steer Medium and Large 1-2
   Head   Wt Range     Avg Wt     Price Range     Avg Price  Delivery
     50      500          500       111.75           111.75   Aug
     47      550          550       110.00           110.00   Aug-Sep
     41      590          590       103.00           103.00   Sep
     41      625          625       109.00           109.00   Sep
    183      525          525       111.75           111.75   Sep-Oct

                 Feeder Steer Medium and Large 2
   Head   Wt Range     Avg Wt     Price Range     Avg Price  Delivery
     47      550          550       109.00           109.00   Sep
    131      550          550    109.50-113.75       110.80   Oct-Dec

                Feeder Steer Medium and Large 2-3
   Head   Wt Range     Avg Wt     Price Range     Avg Price  Delivery
    141    515-525        521    100.00-111.25       103.94   Sep-Oct

               Feeder Heifers Medium and Large 1-2
   Head   Wt Range     Avg Wt     Price Range     Avg Price  Delivery
     46      525          525       104.00           104.00   Jul
     50      460          460       103.75           103.75   Aug

                Feeder Heifers Medium and Large 2
   Head   Wt Range     Avg Wt     Price Range     Avg Price  Delivery
     46      525          525       101.00           101.00   Sep
    101      475          475       107.00           107.00   Sep-Oct
     40      525          525       105.75           105.75   Oct-Dec

               Feeder Heifers Medium and Large 2-3
   Head   Wt Range     Avg Wt     Price Range     Avg Price  Delivery
     50      475          475       105.25           105.25   Sep-Oct

Source:  USDA-TX Dept of Ag Market News, Amarillo, TX
         806/372-6361 - 24 hr Markets 806/372-3494
         www.ams.usda.gov/mncs/mn_reports/am_ls766.txt

1320c    efc/jmw





.