The U.S. Feeder Steer Price, or USFSP,as posted by the CME is calculated by Cattle Fax and represents
the price used for cash settlement of the CME Feeder Cattle
contract.
    The USFSP is a seven-calendar-day average of feeder steer
prices from 27 states, based on auction and direct country
sales for feeder steers that weigh between 600 and 800 lbs and
are estimated to grade between 60 and 80 pct choice when fed to
slaughter weight.
    April 9         Previous quote
    70.03             69.87
 Reuter
