AM_LS166 Amarillo, TX Fri May 29, 2020 USDA-TX-Dept of Ag Market News Southeast Direct Feeder Cattle Summary - Al,Ar,Fl,Ga,La,Ms,Tn Feeder Cattle Weighted Average Report for 05/29/2020 Receipts: 1,700 Last Week: 5,800 Year Ago: 2,800 Compared to last week: Current FOB sales of steers and heifers were mostly 2.00 to 4.00 higher. Trade activity and demand were moderate. Supply consisted of 50 percent steers and 50 percent heifers. Approximately 72 percent of the offerings weighed over 600 lbs. Note: Feeder cattle prices based on net weights FOB after a 3 percent pencil shrink or equivalent. Current sales are up to 14 days delivery. Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 58 667 667 119.60 119.60 Current FOB 792 752-775 759 117.61-120.78 119.26 Current FOB Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price Delivery 17 761 761 109.80 109.80 Current FOB Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 480 600 600 131.31-132.29 131.47 Current FOB 60 800 800 112.10 112.10 Current FOB Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 75 660 660 116.05 116.05 Current FOB 204 734 734 109.51 109.51 Current FOB Feeder Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price Delivery 37 649 649 109.60 109.60 Current FOB 11 794 794 93.80 93.80 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_LS166.txt 1100c ldh .