Texas Panhandle West. OK & NM FDR Cattle Summary
AM_LS165
Amarillo, TX    Fri Feb 8, 2019    USDA-TX-Dept of Ag Market News
 
Texas Direct Feeder Cattle Report 
Feeder Cattle Weighted Average Report for 02/08/2019
 
Receipts:  32,500    Last Week:  25,600    Year Ago:  35,100
 
   Compared to last week:  Current FOB sales of steers and heifers sold 
steady to 2.00 higher.  Trade was active on good demand.  Increased volume 
of future contracted cattle were reported prompted by the bullish out-front 
CME feeder cattle futures.  Supply consisted of 60 percent steers and 40 
percent heifers.  Near 95 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.

Basis Trades:  100 hd strs     600  hd Hfrs 
   
   Steers: Delivered price 800 lbs par May CME for Jun delivery.

   Heifers: Delivered price 725 lbs par May CME for Jun delivery.

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   90      675       675       157.00         157.00   Current FOB  Fancy
  308    700-729     715    138.25-143.50     140.85   Current FOB   
  775    750-777     770    135.50-141.84     138.29   Current FOB   
 1641    800-825     815    134.00-142.00     136.10   Current FOB   
  185      825       825       144.00         144.00   Current FOB  Fancy
  560    850-875     855    134.25-136.91     135.47   Current FOB   
  110      900       900       137.00         137.00   Current FOB   
  590      900       900       144.30         144.30   Current FOB  Fancy
  240      600       600       155.00         155.00   Current Del   
  120    700-725     710    138.50-143.00     141.09   Current Del   
  856    750-775     761    138.50-143.94     140.84   Current Del   
  241    800-825     807    137.00-140.00     138.65   Current Del   
 1638      850       850    140.00-140.60     140.04   Current Del   
  110      900       900       140.25         140.25   Current Del   
  480      820       820       139.00         139.00   Mar     Del   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   76      467       467       179.00         179.00   Current FOB   
   68      725       725       137.91         137.91   Current FOB   
  400    750-775     770    133.00-139.40     134.56   Current FOB   
 1017    800-825     803    133.00-136.00     134.53   Current FOB   
  375      850       850    128.85-132.33     131.40   Current FOB   
  700      450       450       171.00         171.00   Current Del  Mexican 
  450      550       550       149.00         149.00   Current Del  Mexican 
   75      625       625       149.00         149.00   Current Del   
  432      650       650       148.00         148.00   Current Del   
  676    704-734     722    134.50-146.00     141.37   Current Del   
  263    750-792     770    137.00-142.00     139.54   Current Del   
  562    800-840     816    136.00-138.00     137.08   Current Del   
  111    861-893     877    134.00-138.00     135.98   Current Del   
  158      725       725       147.64         147.64   Feb-Mar FOB   
  435      775       775    140.82-140.90     140.87   Feb-Mar FOB   
 1917      800       800    137.72-139.16     137.81   Feb-Mar FOB   
  984      800       800       143.16         143.16   Mar     FOB   
   93      775       775       140.90         140.90   Mar-Apr FOB   
  836    800-825     802    137.90-143.16     142.12   Mar-Apr FOB   
  942      850       850       138.89         138.89   Mar-Apr FOB   
  360      800       800       142.90         142.90   Apr-May FOB   
  280      850       850       138.90         138.90   Apr-May FOB   
  240      550       550       157.00         157.00   May     FOB  Mexican
  130      775       775       140.40         140.40   Jun     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  230    650-675     658    132.75-136.00     134.40   Current FOB   
  888    700-725     723    128.50-133.75     131.41   Current FOB   
 1507    750-775     751    126.00-135.84     131.01   Current FOB   
   79      800       800       126.50         126.50   Current FOB   
  102    620-625     621    138.50-141.00     140.38   Current Del   
  807    700-730     720    134.00-135.60     134.90   Current Del   
   65      765       765       134.00         134.00   Current Del   
  120      810       810       138.00         138.00   Current Del  Fancy
 1500      725       725       131.00         131.00   Mar     FOB   
  345    700-725     710    133.00-134.85     133.74   May     FOB   
  520      760       760       136.50         136.50   Mar     Del   
  410    700-725     712    135.50-138.00     136.76   May     Del   
  420      700       700       136.20         136.20   Jun     Del   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  468    630-643     632    132.06-133.50     133.26   Current FOB   
  230      684       684       129.50         129.50   Current FOB   
  277    700-725     706    130.49-132.81     132.23   Current FOB   
  200    750-775     766    129.33-130.64     129.78   Current FOB   
  509    700-725     708    132.00-133.50     132.88   Current Del   
  580    750-775     758    129.00-135.00     133.10   Current Del   
  373      775       775    133.89-134.16     133.98   Feb-Mar FOB   
  342      750       750       138.16         138.16   Mar     FOB   
  347      725       725       138.65         138.65   Mar-Apr FOB   
 1088    750-775     752    135.90-138.16     137.81   Mar-Apr FOB   
  200      700       700       134.75         134.75   Apr     FOB   
  286      750       750       137.90         137.90   Apr-May FOB   
  905      800       800       133.90         133.90   Apr-May FOB   
  140      750       750       129.40         129.40   Jun     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
 
1200c 
 
 
 
 
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