AM_LS165 Amarillo, TX Fri Feb 14, 2020 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 02/14/2020 Receipts: 14,300 Last Week: 3,700 Year Ago: 47,000 Compared to last week: Current FOB sales of steers and heifers traded mostly steady on a light test. Trade activity was light to moderate on moderate demand. Majority of trades were summer contracted cattle as sellers are locking in the higher prices. Supply consisted of 67 percent steers and 33 percent heifers. Approximately 92 percent of the offerings weighed over 600 lbs. Prices based on net weights FOB after a 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 473 800-825 816 131.00-137.00 134.89 Current FOB 300 675 675 143.00 143.00 Current Del 500 650 650 139.95 139.95 Apr FOB 400 650 650 141.50 141.50 May FOB 1450 800 800 135.00 135.00 May FOB 135 650 650 153.00 153.00 Sep FOB 2220 800-825 805 135.70-137.50 137.15 May Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 88 554 554 141.24 141.24 Current FOB Mexican 492 622 622 131.58-132.25 131.85 Current FOB Mexican 71 700 700 133.00 133.00 Current FOB 887 750-775 770 129.13-131.79 131.26 Current FOB 429 815 815 122.31 122.31 Current FOB 200 380 380 177.00 177.00 Current Del Mexican 115 470 470 154.00 154.00 Current Del Mexican 141 535 535 158.69 158.69 Current Del 377 537-538 537 144.30-145.70 144.65 Current Del Mexican 80 630 630 133.00 133.00 Current Del Mexican 222 675 675 140.00 140.00 Current Del 134 725 725 135.00 135.00 Current Del 225 760-775 770 132.00-136.00 133.53 Current Del 315 800 800 129.00-131.00 130.59 Current Del 120 865 865 129.00 129.00 Current Del 245 875 875 130.00 130.00 Mar Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 75 650 650 126.50 126.50 Current FOB 395 750 750 120.10-121.00 120.69 Current FOB 66 725 725 129.00 129.00 Current Del 585 750 750 123.05-125.00 123.70 Current Del 290 650 650 132.95 132.95 Apr FOB 67 725 725 119.20 119.20 Apr FOB 465 650 650 134.50 134.50 May FOB 67 725 725 125.50 125.50 May FOB 80 600 600 143.00 143.00 Sep FOB 200 725 725 120.20 120.20 Apr Del 67 725 725 126.55 126.55 May Del 1520 750 750 128.65-129.50 129.22 May Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 407 700-749 723 120.31-122.35 121.11 Current FOB 148 559 559 136.04 136.04 Current Del 102 700-740 713 125.00-127.00 126.35 Current Del 135 775 775 121.00-124.00 122.44 Current Del 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 1100c ldh .