AM_LS165 Amarillo, TX Fri Jul 13, 2001 USDA-TX Dept of Ag Market News Texas Weekly Direct Feeder Cattle Summary Confirmed: 12,600 Last Week: 14,800 Last Year: 22,200 Compared to last week: Feeder steers and heifers steady to 1.00 higher. Trade and demand moderate to good for limited available supply. Most cattle coming from Texas and neighboring states. Extremely hot, record breaking weather this week very hard on grass pastures in area. Bulk supply Medium and Large 1 500-800 lb feeder steers and heifers with 89 percent weighing over 600 lbs and 71 percent steers included. Prices based on net weights FOB after a 3 percent shrink or equivalent. Delivered prices include freight, commissions and other expenses. Most sales for current, few to December delivery. Steers: 9,000 (71 percent) Medium and Large 1: FOB Price: 350 lbs 124.00; 600 lbs 95.50; 725-775 lbs 89.00-92.00; 800-810 lbs 87.50-88.00. Delivered Price: 650-675 lbs 91.50-94.50; 700-775 lbs 90.00-92.00; 825-850 lbs 86.00-88.50. For Future Delivery: Delivered Price: 625 lbs 95.50 Dec; 700-750 lbs 89.50- 90.00 Sep-Oct. Medium and Large 1-2: FOB Price: 735-750 lbs 88.00-89.00. Delivered Price: 775-800 lbs 86.50-90.00. Basis trade: Medium and Large 1: FOB Price: 800 lbs 2.00 under September CME board. Heifers: 3,600 (29 percent) Medium and Large 1: FOB price: 600 lbs 90.00; 700-725 lbs 86.00-88.00. Delivered Price: 450 lbs 100.00; 600-675 lbs 88.00-92.50; 740-780 lbs 84.50- 85.50. For Future Delivery: FOB Price: 700 lbs 86.50 Sep. Delivered Price: 650-700 lbs 86.25-89.00 Aug-Sep. Medium and Large 1-2: FOB Price: 650 lbs 84.25. Delivered Price: 475 lbs 93.75; 575 lbs 92.00; 775 lbs 83.00. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 125 350 350 124.00 124.00 Current FOB 230 600 600 95.50 95.50 Current FOB 200 725 725 92.00 92.00 Current FOB 265 750-775 756 89.00-90.50 90.12 Current FOB 900 800-810 802 87.50-88.00 87.89 Current FOB 1645 650-675 673 91.50-94.50 92.83 Current Del 360 700-725 714 91.00-92.00 91.56 Current Del 1720 750-775 751 90.00-92.00 90.43 Current Del 532 825 825 88.00-88.50 88.17 Current Del 115 850 850 86.00 86.00 Current Del 725 700 700 90.00 90.00 Sep-Oct Del 700 750 750 89.50 89.50 Sep-Oct Del 150 625 625 95.50 95.50 Dec-Jan Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 271 735 735 89.00 89.00 Current FOB 130 750 750 88.00 88.00 Current FOB 475 775 775 89.00-90.00 89.84 Current Del 208 800 800 86.50-87.00 86.74 Current Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 148 600 600 90.00 90.00 Current FOB 487 700-725 712 86.00-88.00 86.62 Current FOB 240 450 450 100.00 100.00 Current Del 360 600-625 611 88.00-92.50 89.98 Current Del 290 650-675 657 88.50-90.50 89.07 Current Del 436 740-745 743 85.00-85.50 85.34 Current Del 317 780 780 84.50 84.50 Current Del 150 650 650 89.00 89.00 Jul-Aug Del 140 700 700 87.50 87.50 Jul-Aug Del 400 700 700 86.50 86.50 Sep-Oct FOB 70 700 700 86.25 86.25 Sep-Oct Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 100 650 650 84.25 84.25 Current FOB 210 475 475 93.75 93.75 Current Del 180 575 575 92.00 92.00 Current Del 100 775 775 83.00 83.00 Current Del Source: USDA-TX Dept of Ag Market News, Amarillo, TX 806/372-6361 - 24 hr Markets 806/372-3494 www.ams.usda.gov/mnreports/am_ls165.txt 1100c gd .