AM_LS165 Amarillo, TX Fri Mar 27, 2020 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 03/27/2020 Receipts: 8,800 Last Week: 3,900 Last Year: 34,900 Compared to last week: Current FOB steers were 4.00 to 7.00 higher on limited comparable sales; heifers were not well tested in previous week. Trade activity was light to moderate on moderate demand. The cattle markets recouped some of the previous week's losses, causing a wide price spread depending where in the week cattle traded. Supply consisted of 80 percent steers and 20 percent heifers. Approximately 30 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. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 120 825 825 109.00 109.00 Current FOB 118 850 850 112.00 112.00 Current FOB 20 750 750 119.80 119.80 Jun FOB Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 69 725 725 116.00 116.00 Current FOB 562 800-825 814 111.00-113.96 112.66 Current FOB 65 875 875 103.13 103.13 Current FOB 1550 450-475 458 138.50-144.00 142.16 Current Del Mexican 3635 550-575 553 122.00-136.00 129.48 Current Del Mexican 935 600 600 116.00 116.00 Current Del Mexican Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price Delivery 43 494 494 135.97 135.97 Current Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 107 760 760 114.94 114.94 Current FOB 334 888 888 112.96 112.96 Current FOB 60 800 800 106.00 106.00 Apr FOB 30 650 650 116.80 116.80 Jun FOB 67 725 725 110.80 110.80 Jun FOB 271 725 725 114.50 114.50 May Del 536 725 725 111.80-114.50 112.14 Jun Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 200 750 750 110.96 110.96 Current FOB 118 939 939 94.75 94.75 Current 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 .