AM_LS165 Amarillo, TX Fri Mar 20, 2020 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 03/20/2020 Receipts: 3,900 Last Week: 14,200 Year Ago: 49,700 Compared to last week: Not enough Current FOB steers or heifers for a market trend; however, a lower undertone continued. Trade activity was light on light to moderate demand. CME cattle futures tried to regain some footing by mid-week, closing in the green and up the limit in some cases. Cattle owners have backed out of the market waiting for better days ahead; local wheat pastures are in great shape from recent rain. Supply consisted of 68 percent steers and 32 percent heifers. Approximately 88 percent of the offerings weighed over 600 lbs. Prices based on net weights FOB after 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 780 800-825 802 102.00-106.10 105.78 Current FOB 96 800 800 94.00 94.00 Current FOB Fleshy 118 850 850 107.50 107.50 Current FOB Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 805 850-880 870 101.91-102.75 102.47 Current FOB 490 500 500 96.00-115.00 111.51 Current Del Mexican 380 900 900 110.00-114.00 112.00 Current Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 180 800 800 100.00 100.00 May FOB 536 725 725 104.50 104.50 May Del 135 725 725 104.50 104.50 Jun Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 71 647 647 104.56 104.56 Current FOB 330 825 825 102.75 102.75 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_LS165.txt 1200c ldh .