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 .