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USDA-AM: Texas Panhandle West. OK & NM FDR Cattle Summary

Amarillo, TX - Fri Nov 10, 2017 - USDA-TX- Dept of Ag Market New

 
Texas Direct Feeder Cattle Report
Feeder Cattle Weighted Average Report for 11/10/2017
 
Receipts:  20,800    Last Week:  26,400    Year Ago:  19,100
 
   Compared to last week:  Current FOB sales of steers and heifers sold 
mostly steady to instances 3.00 higher.  Trade was fairly active on good 
demand.  A few wide prices spreads due to trades made late last Friday when 
the CME board was significantly higher.  Supply consisted of 68 percent 
steers and 32 percent heifers.  Approximately 97 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.

Basis Trades:  700 hd strs     700  hd Hfrs 
   
   Steers: Delivered price 775 lbs 2.00 under Jan CME for Dec delivery; 800 
lbs 6.00 under to 1.00 over Jan CME for Dec delivery; 800 lbs 1.00 over Mar 
CME for Feb delivery.
 
   Heifers: Delivered price 750 lbs 6.00 under Nov CME for Current delivery; 
750 lbs 4.00 under Jan CME for Dec delivery; 750 lbs 4.00 to 6.00 under Mar 
CME for Feb-Mar delivery.

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   50      660       660       168.30         168.30   Current FOB   
   41      650       650       159.00         159.00   Current FOB  Calves
  506    700-725     712    158.00-161.75     160.08   Current FOB   
 1271    750-787     765    155.50-161.65     159.66   Current FOB   
 1155    800-840     808    155.00-158.13     157.28   Current FOB   
  954    850-875     852    149.65-158.00     154.21   Current FOB   
  135      745       745       166.00         166.00   Current Del   
  257    750-775     756    156.00-166.00     163.04   Current Del   
  356    800-825     808    159.00-164.74     161.54   Current Del   
  550      750       750       158.90         158.90   Dec     FOB   
   80      625       625       166.25         166.25   Jan     FOB   
  180      800       800    153.10-156.25     155.20   Jan     FOB   
  288      700       700       154.50         154.50   May     FOB   
  186      775       775       159.00         159.00   Dec     Del   
  480      800       800       158.60         158.60   Dec     Del   
  200      750       750    154.45-156.00     154.95   Jan     Del   
  240      800       800    155.15-156.50     155.82   Jan     Del   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   94      537       537       186.85         186.85   Current FOB   
  274      525       525       170.00         170.00   Current FOB  Mexican 
  267    662-676     673    159.72-164.09     161.94   Current FOB   
  150      650       650       155.54         155.54   Current FOB  Calves
 1273    700-740     715    150.00-160.84     155.14   Current FOB   
  616    750-788     766    155.09-157.09     156.53   Current FOB   
  180      820       820       148.41         148.41   Current FOB   
  573    660-693     672    165.00-168.10     166.93   Current Del   
  418    700-735     725    160.00-164.50     164.30   Current Del   
 1161    750-775     764    157.00-163.75     162.02   Current Del   
 1252    800-840     802       159.00         159.00   Current Del   
  121      857       857       155.00         155.00   Current Del   
   53      900       900       149.00         149.00   Current Del   
  225      660       660       156.77         156.77   Dec     FOB   
   69      725       725       155.40         155.40   Jan     FOB   
  130      775       775       149.09         149.09   Jan     FOB   
  195      775       775       146.40         146.40   Feb     FOB   
   73      675       675       165.00         165.00   Dec     Del   
  125      825       825       154.50         154.50   Dec     Del   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   90      540       540       158.50         158.50   Current FOB   
   37      599       599       149.00         149.00   Current FOB   
  713    700-730     723    148.78-157.66     154.78   Current FOB   
   78      625       625       157.10         157.10   Current Del   
   60      725       725       153.68         153.68   Current Del   
  260      750       750       156.00         156.00   Current Del   
  525      675       675    154.20-154.85     154.57   Jan     FOB   
  731    700-725     708    149.00-152.85     151.47   Jan     FOB   
   65      750       750       148.00         148.00   Jan     FOB   
   70      700       700       144.60         144.60   Feb     FOB   
  120      775       775       146.25         146.25   Feb     FOB   
   75      675       675       156.00         156.00   Dec     Del   
  650      750       750       155.60         155.60   Dec     Del   
   75      650       650       159.00         159.00   Jan     Del   
 1085    700-725     714    149.85-152.50     151.00   Jan     Del   
   65      750       750       150.50         150.50   Jan     Del   
  341    700-725     710    142.75-143.35     142.99   Feb     Del   
  250      775       775       147.00         147.00   Feb     Del   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  287    627-635     633    150.35-153.35     152.14   Current FOB   
  126      685       685       154.84         154.84   Current FOB   
  150      650       650       147.54         147.54   Current FOB  Calves
   90      550       550       166.00         166.00   Current Del   
   75      664       664       158.00         158.00   Current Del   
  273    700-729     714    153.00-156.60     154.77   Current Del   
  130    750-769     760    149.00-152.00     150.48   Current Del   
  115      750       750       143.50         143.50   Dec     FOB   
   66      750       750       151.00         151.00   Dec     Del   

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
 
1300c     ldh
 
 
 
 
 
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