Texas Panhandle West. OK & NM FDR Cattle Summary
AM_LS165                                                    
Amarillo, TX    Fri May 19, 2017    USDA-TX Dept of Ag Market News

Texas Weekly Direct Feeder Cattle Summary  
Feeder Cattle Weighted Average Report for 05/19/17

Confirmed: 21,900     Last Week: 21,600    Last Year: 26,600

   Compared to last week current FOB feeder steers and heifers were steady to
4.00 lower.  
   Approximately 85 percent of week's cattle weighed over 600 lbs.  
Approximately 60 percent of this week's weighted average receipts were steers 
and 40 percent heifers.  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. 

Basis Trades 2200 hd strs    500 hd hfrs

   Steers: Delivered   800 lbs 1.00 over Aug CME for Jul-Aug delivery; 800 lbs 
3.00 under Aug CME; 800 lbs 3.00 under Sep CME; 900 lbs 6.00 under Sep CME; 
800-825 lbs 1.00-3.00 under Oct CME. 

   Heifers: Delivered   750 lbs 4.00 under Aug CME; 750 lbs 6.00 under Sep CME; 
750 lbs 6.00 under Oct CME. 


Steers: 11,500 hd (60 percent)  Heifers: 7,700 hd (40 percent)    

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  265      549       549       154.25         154.25   Current FOB   
   80      600       600       161.40         161.40   Current FOB   
  134      725       725    144.50-148.00     146.25   Current FOB   
 1078    750-798     774    141.00-146.00     142.31   Current FOB   
  601    800-830     810    140.00-141.52     141.12   Current FOB   
  619    850-885     877    132.00-142.00     134.52   Current FOB   
  288      700       700    152.65-152.85     152.75   Jun     FOB   
   65      775       775       145.85         145.85   Jun     FOB   
  195      750       750    147.25-153.00     149.17   Jul     FOB   
  270      650       650       153.85         153.85   Aug     FOB   
  585    750-775     753    145.85-148.25     147.67   Aug     FOB   
   77      650       650       152.00         152.00   Sep     FOB   
  124      800       800       144.50         144.50   Jun     Del   
  715      750       750    153.15-155.00     154.07   Jul     Del   
  120      800       800    146.25-147.50     146.88   Jul     Del   
  520      750       750    150.00-154.00     152.75   Aug     Del   
  600      800       800    147.50-148.35     147.93   Aug     Del   
   65      750       750       146.75         146.75   Sep     Del   
   60      800       800       145.25         145.25   Sep     Del   
  130      750       750       147.60         147.60   Oct     Del   
   60      800       800       141.80         141.80   Oct     Del   
  116      850       850       142.25         142.25   Oct     Del   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   67      612       612       153.00         153.00   Current FOB   
   50      700       700       144.63         144.63   Current FOB   
  248    750-785     763    136.98-142.43     140.29   Current FOB   
  396    800-813     808    134.00-140.08     135.28   Current FOB   
 1000      475       475       181.50         181.50   Current Del  Mex Origin
  143      529       529       172.10         172.10   Current Del  Mex Origin
 1225    550-575     555    167.50-169.00     168.71   Current Del  Mex Origin
   58      850       850       136.00         136.00   Current Del   
   43      800       800       145.00         145.00   Jun     FOB   
   70      725       725       147.30         147.30   Jun-Jul FOB   
  180      800       800       149.00         149.00   Jul-Aug Del   
  195      750       750       152.65         152.65   Aug     Del   
 1000      750       750       152.65         152.65   Sep     Del   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   85      575       575       145.50         145.50   Current FOB   
 1821    700-725     722    132.50-143.00     136.80   Current FOB   
 1073    760-780     768    131.00-140.00     136.23   Current FOB   
  135      800       800       130.00         130.00   Current FOB   
  190      750       750       135.00         135.00   Current Del   
   60      725       725       136.00         136.00   Jun     FOB   
   70      700       700       139.25         139.25   Jul     FOB   
  195      750       750       136.00         136.00   Jul     FOB   
  148      675       675       143.00         143.00   Aug     FOB   
  411    700-725     712    137.10-141.00     139.64   Aug     FOB   
   77      650       650       143.00         143.00   Sep     FOB   
  134      725       725    142.90-145.00     143.95   Jun     Del   
 1006      725       725    139.70-145.50     142.24   Jul     Del   
  280      650       650       145.85         145.85   Aug     Del   
  887    700-725     713    137.50-142.90     140.91   Aug     Del   
  342    700-725     715    141.35-142.85     142.08   Sep     Del   
  140      700       700       140.25         140.25   Oct     Del   
  417    700-725     704    136.75-140.60     139.96   Nov     Del   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  120      790       790       125.50         125.50   Current FOB   
  154      484       484       161.60         161.60   Current Del  Mex Origin
 
Source:  USDA-TX Dept of Ag Market News Service, Amarillo, TX
         806/356 5730 - amarillo.lpgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/AM_LS165.txt

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