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Texas Direct feeder cattle auction summaryThe Texas Weekly Direct Feeder Cattle Summary, reported receipts of 43,800 head Feb. 1, compared to 21,600 head last week and 19,700 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 firm to $3 higher than last week's light test, but there was a much higher number of 700 to 850 pounds Medium and large frame 1 to 2, steers in the receipts. Approximately 97% 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: 21,500 head, 49%, Medium and large frame 1 FOB price, 650 to 700 lbs., 150.00; 700 to 750 lbs., 147.00 to 148.50; 750 to 800 lbs., 141.00 to 145.00; 800 to 850 lbs., 138.00 to 145.00; 850 to 900 lbs., 136.00 to 138.50. Delivered price 650 to 700 lbs., 151.50 to 152.00; 700 to 750 lbs., 148.00 to 149.00; 750 to 800 lbs., 147.00 to 149.10; 800 to 850 lbs., 143.00 to 147.50; 850 to 900 lbs., 140.50 to 144.00. Future delivery, FOB price, 650 to 700 lbs., 151.65 to 153.95 March; 700 to 800 lbs., 154.75 to 156.00 May to June. Delivered Price 700 to 800 lbs., 148.75 to 153.00 March to April; 700 to 800 lbs., 155.00 to 161.40 May to August; 800 to 850 lbs., 150.00 to 156.90 April to August. Medium and large frame 1 to 2, FOB price, 725 lbs., 140.00; 800 to 850 lbs., 137.00 to 138.00. Delivered price, 300 lbs., Mexican Origin 179.00; 500 to 550 lbs., Mexican Origin 153.60 to 154.60; 600 lbs., Mexican Origin 142.50; 750 to 800 lbs., 146.00; 800 to 900 lbs., 141.00 to 143.50. Future delivery, delivered price 700 to 800 lbs., 147.50 to 157.20 March to May. Heifers: 22,300 head, 51%, Medium and large frame 1, FOB price, 600 to 700 lbs., 140.00 to 145.50; 700 to 750 lbs., 134.00 to 143.00; 750 to 800 lbs., 129.00 to 134.00. Delivered price, 600 to 700 lbs., 139.75 to 148.00; 700 to 800 lbs., 135.75 to 144.00. Future delivery, FOB price, 650 to 700 lbs., 148.75 to 149.20 April; 700 to 750 lbs., 140.50 to 149.30 February to May. Delivered Price 600 to 700 lbs., 149.00 to 155.25 April to May; 700 to 800 lbs., 143.00 to 156.50 March to July. Medium and large frame 1 to 2, delivered price 475 lbs., Mexican Origin 143.50; 550 to 575 lbs., Mexican Origin 131.50 to 135.00. Future delivery, delivered price 600 to 700 lbs., 150.40 to 151.70 April to May; 725 lbs., 148.15 to 153.25 April to May. Date: 2/11/2013
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