AM_LS165 Amarillo, TX Fri Dec 13, 2019 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 12/13/2019 Receipts: 17,100 Last Week: 14,500 Year Ago: 17,100 Compared to last week: Current FOB sales of steers and heifers sold mostly steady; except for cattle 600 weight cattle sold 1.00 to 4.00 lower. Trade was fairly active on moderate to good demand. Majority of cattle are set to be delivered in January, as this year begins to come to an end. A wide price gap between the live cattle future board between April and June finishing cattle, which in turn is effecting the 600 weight cattle that will finish in June. Supply consisted of 70 percent steers and 30 percent heifers. Approximately 80 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. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 87 575 575 152.00 152.00 Current FOB 390 600-645 624 147.00-151.81 150.37 Current FOB 125 625 625 164.00 164.00 Current FOB Fancy 295 680-684 681 141.00-145.00 143.96 Current FOB 333 700-725 718 140.00-142.00 140.74 Current FOB 472 750-775 752 139.50-145.67 142.58 Current FOB 65 775 775 154.00 154.00 Current FOB Fancy 30 800 800 142.00 142.00 Current FOB 43 535 535 156.00 156.00 Current Del 83 600 600 151.00 151.00 Current Del 540 740 740 152.00 152.00 Current Del 193 775-790 780 143.00-146.50 144.50 Current Del 146 800-825 810 142.00-144.00 143.15 Current Del 177 850 850 145.84 145.84 Current Del 67 725 725 139.50 139.50 Jan FOB 2118 800-825 801 137.50-140.75 139.93 Jan FOB 160 750 750 136.20 136.20 Feb FOB 44 725 725 135.90 135.90 Mar FOB 585 765-775 766 139.00 139.00 Jan Del 350 825 825 139.50-140.00 139.59 Jan Del 375 800 800 137.30 137.30 Feb Del 205 740 740 152.00 152.00 Jun Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 90 475 475 163.69 163.69 Current FOB 184 615-625 619 142.00-144.00 143.23 Current FOB 103 700-730 720 135.96-143.27 140.85 Current FOB 65 750 750 141.39 141.39 Current FOB 478 820-830 824 137.00-142.21 139.74 Current FOB 1500 460 460 154.00 154.00 Current Del Mexican 50 640 640 141.00 141.00 Current Del 580 600 600 132.00 132.00 Current Del Mexican 147 650-670 660 145.00-148.00 146.45 Current Del 263 700-725 714 142.50-145.00 143.55 Current Del 65 750 750 143.00 143.00 Current Del 243 825-837 829 134.00-141.00 136.20 Current Del 847 850-889 855 138.00-140.50 140.17 Current Del 134 750 750 138.54 138.54 Jan FOB 160 625 625 140.00 140.00 May FOB 65 775 775 143.00 143.00 May FOB 130 775 775 138.00 138.00 Jan Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 196 550-585 569 141.81-144.50 143.31 Current FOB 160 725 725 132.50 132.50 Current FOB 30 760 760 138.00 138.00 Current FOB 80 600 600 150.00 150.00 Current Del 70 700 700 135.50 135.50 Dec-Jan FOB 100 675 675 135.00 135.00 Jan FOB 100 725 725 133.55 133.55 Jan FOB 600 750 750 129.75-132.75 131.30 Jan FOB 328 725 725 123.90-125.30 125.05 Mar FOB 75 625 625 135.75 135.75 Jan Del 80 625 625 136.00 136.00 Feb Del 467 725 725 125.85-126.30 126.11 Feb Del 325 750 750 131.00 131.00 Feb Del 337 725 725 125.45-126.30 125.62 Mar Del 420 700 700 130.15 130.15 Apr Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 120 580 580 136.50 136.50 Current FOB 405 600-630 606 130.60-135.27 131.50 Current FOB 35 675 675 128.96 128.96 Current FOB 225 600-630 614 135.00-140.50 138.09 Current Del 72 685 685 136.00 136.00 Current Del 206 700-747 715 134.00-137.00 135.66 Current Del 65 765 765 135.00 135.00 Current Del 590 800 800 136.00 136.00 Current Del 72 700 700 129.54 129.54 Jan FOB 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 1135c ldh .