08mkTexDir15blrjml.cfm 08mkTexDir15blrjml.cfm Malatya Haber Texas Direct feeder cattle summary
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Texas Direct feeder cattle summary

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The Texas Weekly Direct Feeder Cattle Summary, reported receipts of 13,200 head Oct. 5, compared to 15,200 head last week and 13,600 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 weak to $4 lower than last week's early trade. Trade volume continued to be light as sellers passed declining bids, along with limited current available offerings. There also appeared to be wider price spreads based on quality. Approximately 93% of this week's cattle weighed over 600 pounds. Approximately 44% of this week's weighted average receipts were steers and 56% 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: 5,800 head, 44%, Medium and large frame 1, FOB price 625 lbs., 147.00; 750 to 800 lbs., 138.00 to 143.00; 800 to 875 lbs., 137.15 to 146.00. Delivered price, 515 lbs., value enhanced 170.00; 660 lbs., 145.00; 700 to 800 lbs., 144.00 to 148.50; 800 to 900 lbs., 137.00 to 141.00; 850 lbs., value enhanced 147.00. Future delivery, FOB price 700 to 800 lbs., 143.35 to 147.00 November to December. Delivered Price 800 to 900 lbs., 143.40 to 146.50 November to February. Medium and large frame 1 to 2, FOB Price 605 lbs., 139.75; 700 to 800 lbs., 136.50 to 140.00; 795 to 850 lbs., 127.75 to 131.50. Delivered price 665 lbs., 148.00; 725 lbs., 146.00. Future delivery, delivered price 675 lbs., 151.50 December. Medium and large frame 2, FOB price 680 lbs., calves 131.80.

Heifers: 7,400 head, 56%, Medium and large frame 1, FOB price, 600 to 700 lbs., 133.00 to 137.00; 750 lbs., 135.15. Delivered price 475 lbs., value enhanced 160.00; 600 to 700 lbs., 140.00 to 142.00; 700 to 775 lbs., 135.00 to 138.50. Future delivery, FOB price 600 to 700 lbs., 139.00 to 145.75 November to January; 700 lbs., 140.75 to 143.20 December. Delivered price 650 to 700 lbs., 143.35 to 145.25 January; 700 to 800 lbs., 140.40 to 148.90 November to March. Medium and large frame 1 to 2, FOB price 575 to 600 lbs., 133.40 to 136.00; 675 lbs., 133.00. Delivered price, 700 to 750 lbs., 134.00 to 137.00. Future delivery, delivered price 650 to 700 lbs., 144.10 to 145.30 December.

Date: 10/15/2012



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