AM_LS165 Amarillo, TX Fri Oct 13, 2017 USDA-TX- Dept of Ag Market New Texas Direct Feeder Cattle Report Feeder Cattle Weighted Average Report for 10/13/2017 Receipts: 17,300 Last Week: 17,500 Year Ago: 37,600 Compared to last week: Current FOB sales of steers and heifers sold 1.00 to 5.00 higher. Trade activity and demand were moderate to good. The panhandle dried out this week with mild to warm temperatures causing easier cattle movement. Supply consisted of 55 percent steers and 45 percent heifers. Approximately 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. Basis Trades: 1,100 hd strs 100 hd Hfrs Steers: Delivered price 725-750 lbs 0.50 under to 2.00 over Oct CME for Current delivery; 825 lbs 5.00 under Oct CME for Current delivery; 700-750 lbs 1.00 to 4.00 over Nov CME for Nov delivery; 800 lbs 2.00 under Nov CME for Nov delivery. Heifers: Delivered price 725 lbs 7.00 under Nov CME for Nov delivery. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 230 685 685 164.57 164.57 Current FOB 388 705-731 713 155.00-159.00 157.15 Current FOB 709 751-785 772 152.00-157.00 154.55 Current FOB 1032 800-825 807 148.00-153.50 150.63 Current FOB 90 525 525 188.35 188.35 Current Del 170 560 560 170.00 170.00 Current Del 151 630-640 635 169.85-177.75 173.80 Current Del 71 675 675 153.00 153.00 Current Del 535 700-725 716 151.00-167.75 160.41 Current Del 242 760-785 775 156.00-159.00 157.36 Current Del 581 800-844 810 152.76-157.00 154.55 Current Del 912 850-880 857 150.00-153.00 151.95 Current Del 95 775 775 155.30 155.30 Nov FOB 260 750-775 756 150.75-152.25 151.87 Dec FOB 195 750-775 758 144.90-147.75 146.78 Jan FOB 190 800 800 141.00 141.00 Feb Del Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 90 575 575 158.27 158.27 Current FOB 315 620 620 155.36 155.36 Current FOB 89 650-675 660 150.65-154.39 152.24 Current FOB 330 725 725 145.15-147.00 146.24 Current FOB 703 750-798 771 147.00-151.21 148.58 Current FOB 178 800-849 832 141.83-147.44 143.65 Current FOB 54 924 924 138.45 138.45 Current FOB 598 625-635 626 162.00-162.60 162.04 Current Del 75 650 650 168.00 168.00 Current Del 68 725 725 157.00 157.00 Current Del 188 773-775 774 148.00-149.00 148.33 Current Del 182 800-835 819 147.00-151.00 148.65 Current Del 54 775 775 149.37 149.37 Oct-Nov FOB 216 675 675 148.40-148.90 148.57 Nov FOB 69 725 725 146.40 146.40 Nov FOB 67 750 750 144.96 144.96 Dec FOB 240 825 825 134.99-135.49 135.12 Feb FOB Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price Delivery 201 812 812 137.51 137.51 Current FOB Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 71 675 675 147.50 147.50 Current FOB 73 718 718 145.00 145.00 Current FOB 850 750 750 146.00 146.00 Current FOB 181 525-530 527 160.00-170.50 165.25 Current Del 83 575 575 162.75 162.75 Current Del 210 700 700 151.00 151.00 Current Del 64 750 750 144.00 144.00 Current Del 280 700 700 145.25 145.25 Dec FOB 277 700-725 706 145.00-145.75 145.56 Jan FOB 66 750 750 139.45 139.45 Jan FOB 525 650 650 143.50 143.50 Feb FOB 100 700 700 137.75 137.75 Feb FOB 79 610 610 162.25 162.25 Nov Del 1070 725 725 147.00 147.00 Dec Del 3123 700-725 717 143.25-148.00 145.93 Jan Del 65 750 750 139.00 139.00 Feb Del Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price Delivery 40 600 600 152.39 152.39 Current FOB 282 712-714 712 144.42-145.31 145.09 Current FOB 40 600 600 152.60 152.60 Current Del 70 750 750 142.00 142.00 Current Del 78 625 625 133.88 133.88 Nov FOB 68 725 725 143.81 143.81 Nov 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 1300c ldh .