The Texas Weekly Direct Feeder Cattle Summary, reported receipts of 30,600 head Feb. 8, compared to 43,800 head last week and 21,500 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 mostly $1 to $3 higher with the largest increases occurring early in the week, however there was some weakness noted late in the week particularly on weights over 800 pounds. Approximately 99% of this week's cattle weighed over 600 pounds. Approximately 55% of this week's weighted average receipts were steers and 45% 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. Delivered prices include freight, commissions and other expenses. Current sales are up to 14 days delivery.
Steers: 16,800 head, 55%, Medium and large frame 1, FOB price 650 to 700 lbs., 151.00; 700 to 750 lbs., 151.30; 750 to 800 lbs., 144.00 to 147.75; 800 to 850 lbs., 138.00 to 147.60; 850 to 900 lbs., 138.00. Delivered price 650 to 700 lbs., 157.00; 700 to 750 lbs., 147.50 to 150.30; 750 to 800 lbs., 144.00 to 149.50; 800 to 850 lbs., 139.90 to 149.00; 850 to 900 lbs., 138.25 to 142.85. Future delivery, FOB price 700 to 800 lbs., 148.60 to 148.90 March to April; 800 lbs., 141.80 March. Delivered price 700 to 800 lbs., 147.40 to 161.15 March to September; 800 to 850 lbs., 146.50 to 156.40 March to September. Medium and large frame 1 to 2, FOB price 835 lbs., 135.00. Delivered price 495 lbs., Mexican Origin 182.00; 625 lbs., Mexican Origin 148.70; 825 lbs., 142.00 to 144.00. Holstein steers, Large frame 3, Future delivery, FOB price 325 lbs., 149.00 June.
Heifers: 13,800 head, 45%, Medium and large frame 1, FOB price 650 to 700 lbs., 140.00 to 141.00; 700 to 750 lbs., 136.00 to 142.25; 750 to 800 lbs., 138.00 to 139.00. Delivered price 600 to 700 lbs., 142.90 to 146.25; 700 to 800 lbs., 137.00 to 145.00; 815 lbs., 132.50. Future delivery, FOB price 650 to 700 lbs., 147.15 to 151.70 March to May; 700 to 750 lbs., 141.60 to 146.20 March to May. Delivered price, 600 lbs., 153.70 May; 700 to 800 lbs., 143.40 to 156.15 March to October. Medium and large frame 1 to 2, delivered price 600 to 700 lbs., 142.00 to 146.00; 700 to 750 lbs., 138.00 to 142.50. Future delivery, delivered price 700 lbs., 146.80 April.
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