AM_LS165 Amarillo, TX Fri Apr 10, 2020 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 04/10/2020 Receipts: 44,200 Last Week: 9,200 Year Ago: 30,700 Compared to last week's light test: Current FOB steers and heifers traded 6.00 to 9.00 higher on very limited comparable sales. Trade was very active on good demand. CME cattle futures regained some lost footing and demand picked up momentum, especially for May contracted cattle. Supply consisted of 73 percent steers and 27 percent heifers. Approximately 97 percent of the offerings weighed over 600 lbs. Prices based on net weights FOB after 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 2000 hd Hfrs Heifers: Delivered price 700 lbs 6.00 under May CME for May delivery. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 502 800 800 107.00 107.00 Current FOB 2517 850-875 851 106.00-114.00 109.72 Current FOB 68 975 975 93.00 93.00 Current FOB Fleshy 275 725 725 121.00 121.00 Current Del 195 750-775 767 117.00 117.00 Current Del 58 860 860 110.00 110.00 Current Del 196 900-925 911 109.50-110.00 109.72 Current Del 109 950 950 94.00 94.00 Current Del 420 825 825 108.30-114.75 112.91 Apr-May FOB 3330 750-775 761 102.25-119.81 114.80 May FOB 7082 800-825 816 106.80-116.00 113.07 May FOB 130 775 775 110.80 110.80 Jun FOB 930 750 750 119.00-123.75 123.09 Jul FOB 130 750 750 120.00 120.00 Aug FOB 1720 800 800 120.00 120.00 Aug FOB 265 750 750 124.50 124.50 Sep FOB 560 750-775 756 113.80-122.73 120.52 May Del 3220 825 825 102.50-107.35 103.31 May Del 1072 850 850 110.80-111.85 111.18 May Del 260 825 825 113.50 113.50 Jun Del 480 800 800 120.35 120.35 Jul Del 600 800 800 123.00 123.00 Aug Del 140 700 700 130.50 130.50 Sep Del 350 900 900 119.03 119.03 Oct Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 62 783 783 105.09 105.09 Current FOB 1130 800-840 824 99.27-107.40 104.33 Current FOB 750 850 850 96.18 96.18 Current FOB 550 470 470 146.00 146.00 Current Del Mexican 640 550-570 556 122.00-133.00 129.65 Current Del Mexican 470 620 620 113.00 113.00 Current Del Mexican 400 650 650 118.00 118.00 Current Del Mexican 900 800 800 105.80 105.80 May FOB 495 650 650 123.00 123.00 Jul FOB 2300 750 750 121.75 121.75 Sep Del Mexican Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 750 725 725 104.00-107.87 106.06 Current FOB 130 750 750 98.50 98.50 Current FOB 180 800 800 89.02 89.02 Current FOB 390 750 750 104.93-107.00 106.31 Current Del 265 725 725 97.10 97.10 Apr-May FOB 5670 700-725 725 96.25-109.00 102.56 May FOB 395 750 750 98.80-104.20 101.21 May FOB 800 800 800 101.00 101.00 May FOB 665 725 725 98.70-106.10 102.48 Jun FOB 395 700-725 716 112.00-114.40 113.07 Jul FOB 140 700 700 112.00 112.00 Aug FOB 337 725 725 97.60-106.80 104.57 May Del 590 800 800 104.85 104.85 May Del 334 725 725 100.10 100.10 Jun Del 195 725 725 111.20 111.20 Jul Del 160 625 625 126.50 126.50 Sep Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 485 650 650 112.00 112.00 Jul 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 1130c ldh .