AM_LS165 Amarillo, TX Fri Feb 21, 2020 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 02/21/2020 Receipts: 15,500 Last Week: 14,300 Year Ago: 30,500 Compared to last week: Current FOB sales of steers and heifers were steady to 3.00 higher on limited comparable sales. Trade activity and demand were moderate. The feedlot area was able to dry out and move cattle after snow but cold temperatures remain. Supply consisted of 63 percent steers and 37 percent heifers. Near 91 percent of the offerings weighed over 600 lbs. Prices based on net weights FOB after a percent shrink or equivalent and 9-15 cent slide on calves and 5-12 cent slide on yearlings from base weights. Delivered prices include freight, commissions and other expenses. Current sales are up to 14 days delivery. Basis Trades: 0 hd strs 900 hd Hfrs Heifers: Delivered price 750 lbs 11.00 under Apr CME for Apr delivery; 750 lbs 11.00 under May CME for May delivery; 750 lbs 11.00 under Aug CME for Jun delivery. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 600 750 750 140.00 140.00 Current FOB 725 800 800 134.00-136.00 134.83 Current FOB 294 850-860 855 130.00-133.38 132.15 Current FOB 70 720 720 143.00 143.00 Current Del 65 775 775 144.00 144.00 Current Del 122 825 825 137.00 137.00 Current Del 325 750 750 139.40 139.40 Apr FOB 1120 750-775 751 138.90-142.00 141.61 May FOB 549 825 825 141.02 141.02 Apr Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 205 725 725 132.91 132.91 Current FOB 250 775 775 130.00 130.00 Current FOB Mexican 125 800-815 807 130.98-131.42 131.21 Current FOB 250 800 800 128.98 128.98 Current FOB Mexican 147 850 850 123.39-127.22 125.68 Current FOB 360 380 380 175.00 175.00 Current Del Mexican 795 470 470 157.00-159.00 157.68 Current Del Mexican 90 528 528 147.20 147.20 Current Del Mexican 90 550 550 150.00 150.00 Current Del 70 554 554 143.60 143.60 Current Del Mexican 485 620 620 139.00 139.00 Current Del Mexican 580 650 650 132.50-137.00 136.38 Current Del Mexican 71 700 700 137.00 137.00 Current Del 1238 750-775 770 134.00-141.00 138.85 Current Del 1010 800-831 811 133.00-139.00 135.92 Current Del 58 850 850 138.00 138.00 Current Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 529 750 750 123.00-126.00 124.65 Current FOB 129 750-767 758 126.00 126.00 Current Del 92 725 725 129.40 129.40 May FOB 269 725 725 131.20-133.50 131.77 May Del 325 750 750 132.55 132.55 May Del 67 725 725 131.20 131.20 Jun Del 630 700 700 138.35-138.80 138.50 Jul Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 74 680 680 128.06 128.06 Current FOB 70 700 700 129.34 129.34 Current FOB 30 825 825 122.72 122.72 Current FOB 1777 700-735 718 128.00-133.00 130.58 Current Del 1743 750-775 752 129.50-134.00 130.07 Current Del 62 825 825 124.50 124.50 Current Del Source: USDA-TX Dept of Ag Market News Service Lana Hutto, Market Reporter, 806-356-5785 landrea.hutto@ams.usda.gov www.ams.usda.gov/mnreports/AM_LS165.txt 1105c ldh .