AM_LS165 Amarillo, TX Fri Dec 14, 2018 USDA-TX-Dept of Ag Market News Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 12/14/2018 Receipts: 17,100 Last Week: 14,000 Year Ago: 13,150 Compared to last week: Current FOB sales of steers and heifers sold steady to 3.00 higher. Trade activity and demand were moderate to good. Heavier cattle that will finish before the lower June CME live cattle boards continued to be sought after as we get close the end of the year. Supply consisted of 48 percent steers and 52 percent heifers. Approximately 92 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. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 215 685 685 156.87 156.87 Current FOB 1415 750-775 768 141.00-146.00 144.93 Current FOB 500 750 750 153.33 153.33 Current FOB Fancy 419 800-810 801 140.00-143.00 142.57 Current FOB 205 775 775 145.00-150.00 147.44 Current Del 120 825 825 147.00 147.00 Current Del 360 850 850 146.50 146.50 Current Del 75 650 650 146.00 146.00 Jan FOB 560 800 800 139.45-145.00 143.02 Jan FOB 60 800 800 143.15 143.15 Jan Del 65 750 750 133.75 133.75 Feb Del 130 750 750 136.85 136.85 Mar Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 83 565 565 152.35 152.35 Current FOB 295 650-676 663 141.11-142.53 142.13 Current FOB 394 700-725 711 135.88-141.73 139.86 Current FOB 533 750-780 756 134.43-142.00 139.95 Current FOB 477 800-840 812 136.32-142.86 139.68 Current FOB 395 850-875 856 132.95-137.45 136.44 Current FOB 145 650-675 662 146.00-152.00 148.95 Current Del 67 703 703 143.00 143.00 Current Del 259 750-797 773 140.00-146.00 143.91 Current Del 423 800 800 140.00-146.00 142.60 Current Del 232 860 860 144.00 144.00 Current Del 593 675 675 141.96 141.96 Jan FOB 78 635 635 152.00 152.00 Feb Del 58 850 850 138.00 138.00 Feb Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 80 615 615 146.87 146.87 Current FOB 490 700-725 718 137.30-139.39 137.88 Current FOB 285 650-675 663 142.00-145.00 143.39 Current Del 250 600 600 138.00-140.25 139.53 Jan FOB 75 650 650 145.25 145.25 Jan FOB 390 750 750 131.50 131.50 Jan FOB 892 700-725 709 128.05-132.50 129.48 Mar FOB 334 725 725 139.25 139.25 Jan Del 400 600 600 141.50 141.50 Feb Del 671 725 725 127.80-131.00 129.40 Feb Del 325 750 750 131.00 131.00 Feb Del 400 600 600 141.75 141.75 Mar Del 1287 700-725 715 128.80-135.75 131.71 Mar Del 1330 700 700 135.75 135.75 Apr Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 220 575-576 576 135.11-138.53 137.44 Current FOB 403 625-640 634 133.09-134.67 133.75 Current FOB 75 665 665 135.27 135.27 Current FOB 68 725 725 135.01 135.01 Current FOB 190 750-775 761 132.17-134.70 133.58 Current FOB 31 805 805 132.70 132.70 Current FOB 300 650-675 656 142.00-145.00 142.77 Current Del 130 725-735 730 138.00-140.00 138.99 Current Del 195 765-775 772 137.00-140.00 137.99 Current Del 136 750 750 130.59 130.59 Jan 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 .