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- FEBRUARY 14, 2002
- 9 LOADS AT AMARILLO LIVESTOCK AUCTION
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- The Cattle Report will track nine loads of cattle owned by Blake O’Brien
and Bob Brent delivered to the Amarillo Stockyards. As a alternative to
a cash sale the owners sold 9 Feb. live cattle contracts on February 4th
at 73.90. On February 5th the owners tendered notice of
delivery to the CME. The
contracts were re-tendered once.
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- Because of the large amount of
deliveries, the weights at the stockyards only gained .6% from pay
weights at the feedyard after a 4% shrink.
- The cattle that were delivered
were typical crossbred steers with few animals over one quarter
brahmin. There was a heavy exotic
influence and a typical grade at most local plants would be 30-35%
choice. The USDA grader assessed
a 22% choice profile. There were
1% standards.
- There were 6.5% YG1, 70% YG2,
23.5% YG3
- 23 steers were rejected as
heavies and weighted 1410# and were sent to a local processor for
slaughter.
- The receiver of the cattle sent
the cattle to a local feedyard and the cattle will be marketed in a
month.
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Notes