AM_LS165 Amarillo, TX Fri Aug 28, 2020 USDA-TX-Dept of Ag Market News NOTICE: As Market News transitions reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_2710.pdf. If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov. Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 08/28/2020 Receipts: 16,000 Last Week: 26,900 Year Ago: 24,800 Compared to last week: Current FOB sales of steers and heifers were 2.00 to instances 6.00 lower. Trade activity was light to moderate on moderate demand. Feedyards are reporting full capacity causing markets to decline this week. Supply consisted of 48 percent steers and 52 percent heifers. Near 95 percent of the offerings weighed over 600 lbs. Prices based on net weights FOB after a 3 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 133 570-590 587 146.47-157.94 147.98 Current FOB 191 625-649 629 146.36-151.71 148.85 Current FOB 341 650-698 673 139.26-144.23 142.53 Current FOB 234 722-725 724 140.02-145.01 142.53 Current FOB 376 750-775 766 140.96-142.94 141.85 Current FOB 303 825 825 131.49 131.49 Current FOB Fleshy 67 747 747 142.00 142.00 Current Del 382 760-775 768 139.00-147.00 144.10 Current Del 973 800-825 806 137.00-145.00 140.26 Current Del 120 800 800 138.00 138.00 Sep FOB 68 735 735 147.09 147.09 Sep-Oct FOB 605 650 650 138.20-142.05 138.87 Oct FOB 67 725 725 138.25 138.25 Oct FOB 333 775 775 138.34 138.34 Oct FOB 500 650 650 133.20 133.20 Nov FOB 58 825 825 136.10 136.10 Nov FOB 365 850 850 141.00 141.00 Sep Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 375 685 685 143.29 143.29 Current FOB 210 715 715 137.05 137.05 Current FOB 60 825 825 128.00 128.00 Current FOB 95 550 550 143.50 143.50 Current Del Mexican 280 665-666 665 148.40-155.00 151.93 Current Del 130 765 765 146.00 146.00 Current Del 375 660 660 145.52 145.52 Sep FOB 205 725 725 141.59 141.59 Sep FOB 130 775 775 136.24 136.24 Sep FOB 500 825 825 140.38 140.38 Nov FOB 130 800 800 142.30 142.30 Oct Del 26 850 850 132.00 132.00 Oct-Nov Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 154 550-570 552 140.47-145.94 141.17 Current FOB 38 623 623 135.36 135.36 Current FOB 185 666-695 674 125.26-132.96 131.05 Current FOB 918 700-725 708 131.20-136.27 134.50 Current FOB 422 750 750 127.94-136.43 134.17 Current FOB 200 750 750 125.49 125.49 Current FOB Fleshy 60 800 800 122.51 122.51 Current FOB 294 660-695 672 135.00-143.50 139.52 Current Del 136 725 725 131.00-136.00 133.46 Current Del 803 750-775 755 129.00-137.94 135.19 Current Del 290 700 700 134.00-135.95 135.34 Sep FOB 68 725 725 137.09 137.09 Sep-Oct FOB 725 650 650 130.20-130.60 130.32 Oct FOB 100 725 725 141.55 141.55 Oct FOB 350 775 775 132.42 132.42 Oct FOB 500 650 650 128.20 128.20 Nov FOB 70 700 700 134.40 134.40 Nov FOB 480 700-725 710 136.60-138.60 137.75 Nov Del 195 750 750 135.17 135.17 Nov Del 420 725 725 129.07-131.40 130.24 Dec Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 100 475 475 136.25 136.25 Current FOB Mexican 364 550 550 128.76 128.76 Current FOB 500 635 635 135.29 135.29 Current FOB 155 775 775 131.71 131.71 Current FOB 87 643 643 137.70 137.70 Current Del 260 775 775 126.24 126.24 Sep FOB 500 775 775 131.88 131.88 Nov FOB 24 825 825 128.00 128.00 Oct-Nov 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 1200c ldh .