AM_LS165 Amarillo, TX Fri Mar 22, 2019 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 03/22/2019 Receipts: 49,700 Last Week: 27,800 Year Ago: 48,000 Compared to last week: Current FOB sales of steers and heifers sold steady to 4.00 higher. Trade was very active on good demand. Cattlemen capitalized on the higher markets especially on future summer contracts. The area received almost an inch of rain as spring officially began this week with spring-like temperatures greening up pastures. Supply consisted of 56 percent steers and 44 percent heifers. Near 85 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 260 625 625 154.00 154.00 Current FOB 310 670 670 153.00 153.00 Current FOB 1962 750-792 770 137.75-143.50 140.29 Current FOB 1800 800-846 816 135.00-143.00 138.00 Current FOB 806 850-875 857 132.00-138.00 135.09 Current FOB 184 915-925 920 130.00-131.50 130.87 Current FOB 126 736-739 737 143.12-151.00 146.63 Current Del 700 750-790 783 139.00-141.00 139.90 Current Del 1612 800-835 820 136.00-143.50 140.99 Current Del 784 850-875 856 137.50-142.00 139.86 Current Del 78 650 650 150.75 150.75 Apr FOB 250 800 800 145.00 145.00 Apr FOB 150 650 650 155.00 155.00 May FOB 205 700-725 716 147.10-150.50 148.23 May FOB 985 750-765 757 144.75-147.00 146.10 May FOB 2698 800-825 823 141.25-145.00 144.41 May FOB 65 750 750 156.50 156.50 Sep FOB 1350 625 625 147.50 147.50 Apr Del 410 800-825 818 138.00-141.00 138.86 Apr Del 70 700 700 153.10 153.10 May Del 70 700 700 148.30 148.30 Jun Del 1000 750 750 156.50 156.50 Sep Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 69 775 775 134.42 134.42 Current FOB 612 800-829 813 132.74-138.06 135.58 Current FOB 611 850-875 864 131.00-132.33 131.75 Current FOB 1425 450 450 175.00 175.00 Current Del Mexican 650 625 625 147.50 147.50 Current Del Mexican 33 660 660 154.00 154.00 Current Del Val. Add 142 700-706 703 142.00-152.00 147.09 Current Del 125 750-775 762 140.00-142.50 141.28 Current Del 302 800-825 823 133.00-140.00 136.47 Current Del 209 850-860 855 136.00-137.00 136.48 Current Del 40 900 900 131.00 131.00 Current Del 1200 875 875 132.51 132.51 Apr-May FOB 400 650 650 160.65 160.65 Jun FOB 575 650 650 153.95 153.95 Jun FOB Mexican 2850 450-475 461 175.00-177.50 176.09 Apr Del Mexican 1200 550 550 160.00 160.00 Apr Del Mexican 1200 650 650 145.00 145.00 Apr Del Mexican 250 825 825 138.00 138.00 Apr Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 216 624 624 137.00 137.00 Current FOB 3850 700-725 725 131.75-136.10 133.30 Current FOB 521 750-770 756 128.50-134.41 132.51 Current FOB 89 800 800 132.91 132.91 Current FOB 75 675 675 137.50 137.50 Current Del 1017 700-740 719 131.00-139.51 135.54 Current Del 945 750-775 753 130.00-140.00 134.23 Current Del 355 700-725 704 130.00-136.30 135.29 Apr FOB 65 750 750 130.00 130.00 Apr FOB 1375 700-725 704 134.85-143.50 139.34 May FOB 1060 750 750 133.75-138.50 136.89 May FOB 770 700 700 138.10-141.00 138.36 Jun FOB 65 750 750 133.75 133.75 Jun FOB 201 725 725 134.25-137.00 135.75 Apr Del 320 750 750 137.00 137.00 Apr Del 469 725 725 139.65-142.00 140.32 May Del 325 750 750 137.65 137.65 May Del 675 675 675 149.50 149.50 Jun Del 1923 700-725 717 136.30-144.55 141.07 Jun Del 420 700 700 146.33 146.33 Jul Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 43 575 575 134.93 134.93 Current FOB 332 675-695 685 133.91-137.39 134.86 Current FOB 136 725 725 131.53 131.53 Current FOB 911 750-785 772 125.33-132.06 127.95 Current FOB 15 660 660 144.00 144.00 Current Del Val. Add 518 750-775 774 130.00-132.00 130.11 Current Del 180 800 800 130.00 130.00 Current Del 91 850 850 125.00 125.00 Current Del 1267 725 725 134.72-134.85 134.84 May FOB 400 700 700 144.60 144.60 Jul FOB 2000 575 575 140.50 140.50 Apr Del Mexican 130 750 750 136.00 136.00 Apr Del 1200 725 725 139.00 139.00 May 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 1215c ldh .