Texas Panhandle West. OK & NM FDR Cattle Summary
AM_LS165
Amarillo, TX    Fri Aug 18, 2017    USDA-TX- Dept of Ag Market New
 
Texas Direct Feeder Cattle Report
Feeder Cattle Weighted Average Report for 08/18/2017
 
Receipts:  14,600    Last Week:  14,000    Year Ago:  14,500
 
   Compared to last week:  Current FOB feeder cattle sales sold mostly 5.00 
to 7.00 lower.  Trade activity was slow to moderate on moderate demand 
following another week of struggling CME cattle futures.  Many sellers have 
backed off the market causing a decline in receipts the past couple of 
weeks.  Supply consisted of 65 percent steers and 35 percent heifers.  
Approximately 97 percent of the offering 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. 

Basis Trades  970 hd strs     0  hd hfrs
   
   Steers: Delivered price 775 lbs 2.00 over Sept CME for Sept delivery; 675 
lbs 10.00 over Oct CME for Sep-Oct delivery; 850 lbs 5.00 under Oct CME for 
Oct delivery.  

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  225      675       675       144.75         144.75   Current FOB  Calves
  130      775       775       140.00         140.00   Current FOB   
  368      825       825    137.00-138.50     137.98   Current FOB   
  439      800       800       150.72         150.72   Current FOB  Fancy
  399    860-898     870    131.00-134.00     133.15   Current FOB   
   46      785       785       141.00         141.00   Current Del   
  311    817-825     819    141.50-148.00     143.14   Current Del   
  120      850       850       137.00         137.00   Current Del   
   80      625       625       149.95         149.95   Sep     FOB   
 1095      700       700    142.50-145.25     144.37   Oct     FOB   
  124      775       775    139.60-140.35     139.98   Oct     FOB   
  240      800       800    138.75-141.70     139.54   Oct     FOB   
  195    750-775     767    137.30-140.40     139.39   Nov     FOB   
   70      700       700       143.05         143.05   Dec     FOB   
  700      700       700       146.90         146.90   Sep     Del   
  265      725       725       146.35         146.35   Oct     Del   
  907    750-775     752    141.25-145.00     142.33   Nov     Del   
  120      800       800       142.00         142.00   Nov     Del   
  240      800       800    136.00-136.50     136.25   Dec     Del   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  210    600-640     613    150.35-155.35     153.61   Current FOB   
  105    719-720     720    141.83-144.72     143.76   Current FOB   
 1675    750-795     774    135.85-144.63     139.14   Current FOB   
  485    800-836     813    136.30-139.23     137.31   Current FOB   
  140      875       875       132.00         132.00   Current FOB   
  190    743-746     745    139.40-145.00     143.30   Current Del   
  530      990       990       129.00         129.00   Current Del   
   75      685       685       157.86         157.86   Oct     FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  340    700-725     720    134.80-136.00     135.36   Current FOB   
   80      625       625       145.75         145.75   Current Del   
   50      725       725       146.00         146.00   Current Del   
  240      600       600       137.50         137.50   Oct     FOB   
   75      675       675       138.00         138.00   Oct     FOB   
  810    700-725     719    133.00-138.25     135.27   Oct     FOB   
  695    700-725     712    133.00-136.50     134.94   Nov     FOB   
   67      725       725       132.00         132.00   Dec     FOB   
 1139      725       725    133.55-139.75     137.31   Oct     Del   
 1409    700-725     721    133.60-139.75     137.06   Nov     Del   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   73      697       697       131.84         131.84   Current FOB   
  136    724-725     724    133.50-137.45     135.39   Current FOB   
   30      750       750       123.00         123.00   Current FOB   

Source:  USDA-TX Dept of Ag Market News Service
         Lana Hutto, Market Reporter, 806-356-5785
         amarillo.lpgmn@ams.usda.gov
         www.ams.usda.gov/mnreports/AM_LS165.txt
 
1315c     ldh 
 
 
 
 
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