AM_LS165 Amarillo, TX Fri Sep 18, 2020 USDA-TX Dept of Ag Market News NOTICE: As Market News transitions reports to the MARS platform and My Market News, report formats will be converted from a text version to a more user-friendly and accessible PDF format. In the next few weeks, this report will move to the new platform and will be accessible at: https://www.ams.usda.gov/mnreports/AMS_2710.pdf. If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov. Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 09/18/2020 Receipts: 27,200 Last Week: 10,100 Year Ago: 33,800 Compared to last week's light test: Current FOB steers and heifers sold 1.00 to 3.00 higher. Trade was active on good demand. Negotiated cash fat cattle traded at 103.00 to 103.50 in the Southern Plains on Wednesday. Supply consisted of 61 percent steers and 39 percent heifers. Near 96 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 160 625 625 146.00 146.00 Current FOB 575 650 650 142.20-146.22 142.72 Current FOB 213 700-735 711 137.63-145.88 140.67 Current FOB 1068 750-785 772 136.20-140.70 138.83 Current FOB 930 800-825 812 137.30-138.80 137.97 Current FOB 600 825 825 131.71-132.71 132.21 Current FOB Fleshy 500 850-871 863 130.83-135.92 132.73 Current FOB 114 875 875 122.15 122.15 Current FOB Fleshy 53 950 950 117.15 117.15 Current FOB Fleshy 45 500 500 145.00 145.00 Current Del 80 610 610 144.00 144.00 Current Del 80 650 650 152.00 152.00 Current Del 134 725-739 732 144.00-145.50 144.74 Current Del 1755 750-788 776 140.25-146.50 143.03 Current Del 850 750 750 151.76 151.76 Current Del Fancy 540 800-845 831 134.00-138.00 135.90 Current Del 295 850-875 865 135.00-138.00 136.20 Current Del 275 650 650 141.80 141.80 Oct FOB 207 725 725 140.24-141.36 140.61 Oct FOB 793 750 750 139.96-141.78 141.62 Oct FOB 58 825 825 134.00 134.00 Oct FOB 300 825 825 132.71 132.71 Oct FOB Fleshy 90 775 775 138.95 138.95 Nov FOB 58 850 850 138.20 138.20 Nov FOB 143 700 700 131.65 131.65 Dec FOB 64 750 750 151.00 151.00 Oct Del 60 800 800 140.00 140.00 Oct Del 198 750 750 134.70 134.70 Nov Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 320 625 625 137.26 137.26 Current FOB 530 650-675 664 137.89-140.05 139.13 Current FOB 265 740 740 137.47-142.77 141.47 Current FOB 64 750 750 137.38 137.38 Current FOB 672 800 800 135.10-136.79 135.25 Current FOB 88 850 850 139.53 139.53 Current FOB 1025 600 600 136.00 136.00 Current Del Mexican 144 675-685 680 137.00-138.00 137.49 Current Del 65 780 780 138.00 138.00 Current Del 60 800 800 140.00 140.00 Current Del 60 850 850 136.00 136.00 Current Del 140 660 660 135.06 135.06 Oct FOB 315 730-740 736 138.32-142.77 141.16 Oct FOB 250 800 800 136.96 136.96 Oct FOB 353 850 850 135.05 135.05 Oct FOB 175 900 900 134.47 134.47 Oct FOB 195 750 750 138.69 138.69 Nov FOB 562 800 800 134.69-139.47 138.94 Nov FOB 155 650 650 149.00 149.00 Oct Del 394 700-725 716 140.00-147.00 143.87 Oct Del 130 750 750 142.00 142.00 Oct Del 60 800 800 140.00 140.00 Oct Del 250 800 800 140.00 140.00 Nov Del Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 2872 650-675 651 132.20-135.75 135.04 Current FOB 402 725 725 128.80-132.20 129.37 Current FOB 530 750-770 755 127.30-129.40 128.80 Current FOB 45 500 500 135.00 135.00 Current Del 80 610 610 137.00 137.00 Current Del 75 658 658 136.00 136.00 Current Del 135 725 725 136.00 136.00 Current Del 260 750 750 131.00-134.00 132.50 Current Del 275 650 650 133.80 133.80 Oct FOB 807 725 725 132.15-136.95 136.55 Oct FOB 325 750 750 133.00 133.00 Oct FOB 195 725 725 130.58 130.58 Nov FOB 195 750 750 130.10-130.60 130.43 Dec FOB 811 725 725 127.50-129.70 128.60 Nov Del 627 700-725 711 124.90-130.22 128.51 Dec Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 142 700-725 712 130.77-132.77 131.77 Current FOB 122 750-775 763 125.94-126.79 126.35 Current FOB 77 650 650 139.00 139.00 Current Del 180 650-680 667 132.32-136.77 134.25 Oct FOB 278 725 725 128.99-131.77 131.09 Oct FOB 1075 800 800 129.47-130.05 129.67 Oct FOB 800 800 800 131.21 131.21 Nov FOB 180 800 800 126.93 126.93 Nov-Dec FOB 136 725 725 128.58 128.58 Dec FOB 46 650 650 138.00 138.00 Oct Del 68 725 725 134.00 134.00 Oct 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 1130c ldh