24mkTexDir01blrjml.cfm Texas Direct feeder cattle summary
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Texas Direct feeder cattle summary

The Texas Weekly Direct Feeder Cattle Summary, reported receipts of 19,100 head September 21, compared to 16,400 head last week and 28,200 head last year, according to the USDA-Texas Department of Agriculture Market News Service, Amarillo, Texas.

Compared to last week, current FOB feeder steers and heifers were steady to $2 higher, with receipts running considerable under last year. Approximately 98% of this week's cattle weighed over 600 pounds. Approximately 49% of this week's weighted average receipts were steers and 51% heifers. Prices based on net weights FOB after a 3% shrink or equivalent and 5 to 10 cent slide on calves and 4 to 6 cent slide on yearlings from base weights. Current sales are up to 14 days delivery.

Steers: 9,300 head, 49%, Medium and large frame 1, FOB price, 700 to 725 lbs., 144.00 to 150.00; 750 to 800 lbs., 140.00 to 146.00; 800 to 850 lbs., 142.30, fleshy 138.00. Delivered price, 625 lbs., 148.50; 700 to 800 lbs., 143.50 to 148.65; 800 to 875 lbs., 136.65 to 144.25. Future delivery, FOB price 650 lbs., 155.50 to 155.75 December; 700 to 800 lbs., 146.00 to 149.50 November to January. Delivered price 700 to 800 lbs., 148.40 to 155.60 November to March; 800 to 850 lbs., 146.10 to 147.90 November to January. Medium and large frame 1 to 2, FOB price, 700 to 800 lbs., 133.50 to 139.00; 800 to 900 lbs., 125.75 to 134.25. Delivered price, 735 lbs., Mexican Origin 137.50; 775 lbs., 139.40. Future delivery, FOB price, 750 lbs., 136.50 October. Delivered price, 650 lbs., 152.50 November.

Heifers: 9,600 head, 51%, Medium and large frame 1, FOB price, 675 lbs., 136.50; 700 to 725 lbs., 134.00 to 140.85. Delivered price, 600 to 700 lbs., 138.00 to 143.00; 700 to 750 lbs., 136.75 to 140.00. Future delivery FOB price, 650 to 700 lbs., 141.85 to 147.30 October to December; 700 to 750 lbs., 139.30 to 144.75 October to January. Delivered price 575 lbs., 152.00 to 153.90 November to December; 650 to 700 lbs., 144.25 December; 700 to 800 lbs., 140.30 to 151.00 October to March. Medium and large frame 1 to 2 , FOB price, 615 lbs., calves 121.40. Delivered price 725 lbs., 131.00 to 138.00. Future delivery, delivered price, 650 lbs., 146.50 November.

Date: 10/1/2012



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