AM_LS165 Amarillo, TX Fri Jan 17, 2020 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 01/17/2020 Receipts: 24,300 Last Week: 30,500 Year Ago: 32,600 Compared to last week: Current FOB sales of steers and heifers sold mostly steady. Trade was fairly active on good demand. Bulk of receipts were contracted cattle for February thru April delivery with most feedlots reporting full on current inventory. Supply consisted of 71 percent steers and 29 percent heifers. Approximately 92 percent of the offering 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: 540 hd strs 0 hd Hfrs Steers: Delivered price 800 lbs 3.00 under Mar CME for Feb-Mar delivery. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 335 600-625 618 154.05-156.20 154.64 Current FOB 308 650 650 149.00 149.00 Current FOB 804 700-725 704 145.50-150.00 148.11 Current FOB 542 750-775 756 144.00-147.35 145.87 Current FOB 130 775 775 141.00 141.00 Current FOB Fleshy 832 800-825 802 140.25-144.00 141.76 Current FOB 115 665 665 157.75 157.75 Current Del 387 725-740 728 145.00-149.00 145.84 Current Del 65 775 775 146.25 146.25 Current Del 260 800 800 144.00-146.50 145.43 Current Del 444 675 675 149.00 149.00 Feb FOB 80 700 700 144.50 144.50 Feb FOB 235 750-775 757 139.35-141.50 140.89 Feb FOB 991 800-825 809 137.50-147.00 144.64 Feb FOB 365 750 750 141.50-142.25 141.63 Mar FOB 1080 800 800 137.50-144.00 138.25 Mar FOB 276 725 725 149.00 149.00 Apr FOB 1869 800-825 820 143.00-150.00 147.73 Apr FOB 180 800 800 142.50 142.50 May FOB 206 800 800 141.00-146.50 144.36 Feb Del 115 800 800 145.00 145.00 Mar Del 118 850 850 143.43 143.43 Mar Del 1068 800-825 801 148.41-152.00 150.59 Apr Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 69 675 675 143.81 143.81 Current FOB 139 748 748 141.26 141.26 Current FOB 69 765 765 142.18 142.18 Current FOB 1200 800-825 814 135.33-141.35 138.45 Current FOB 1275 470 470 159.00 159.00 Current Del Mexican 42 587 587 154.51 154.51 Current Del 450 650-675 662 148.00-149.75 148.83 Current Del 215 715-725 722 146.00-149.00 147.33 Current Del 645 750-775 763 145.00-148.00 146.31 Current Del 462 800-825 812 137.00-147.35 140.74 Current Del 410 850-877 868 138.00-143.00 141.97 Current Del 620 775 775 141.79 141.79 Feb FOB 120 800 800 141.43 141.43 Feb FOB 125 650 650 148.00 148.00 Feb Del 125 725 725 144.00 144.00 Feb Del 170 700 700 150.00 150.00 Mar Del 252 800 800 138.00-142.25 139.05 Mar Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 140 500 500 140.00 140.00 Current FOB 70 580 580 144.20 144.20 Current FOB 23 675 675 136.50 136.50 Current FOB 272 750-785 761 129.00-132.25 131.37 Current FOB 138 725 725 139.00 139.00 Current Del 140 675 675 134.50-139.50 136.64 Feb FOB 870 725 725 131.35-135.50 133.41 Feb FOB 790 750 750 133.50-134.00 133.54 Feb FOB 406 700-725 712 131.90-137.30 135.40 Mar FOB 65 750 750 133.30 133.30 Mar FOB 67 725 725 129.70 129.70 Apr FOB 80 750 750 134.00 134.00 Feb Del 539 725 725 127.65 127.65 Mar Del 75 650 650 138.80 138.80 Apr Del 402 725 725 130.70-132.30 132.03 Apr Del 210 700 700 136.80 136.80 May Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 83 635 635 134.81 134.81 Current FOB 65 725 725 133.33 133.33 Current FOB 647 750-776 757 128.92-132.33 129.72 Current FOB 55 850 850 123.25 123.25 Current FOB 121 481 481 148.62 148.62 Current Del 165 600 600 140.00 140.00 Current Del 455 650-685 656 138.00-140.00 138.34 Current Del 155 700-743 724 135.00-140.00 137.39 Current Del 136 750 750 135.00 135.00 Current Del 99 800 800 132.00 132.00 Current Del 276 725 725 135.60 135.60 Feb FOB 200 725 725 134.35 134.35 Mar FOB 260 750 750 135.50 135.50 Feb Del 140 775 775 132.00 132.00 Mar 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 .