New Mexico Direct Feeder Cattle Report (Fri)
USDA - Fri Mar 15, 12:35PM CDT
AM_LS141
Amarillo, TX    Fri Mar 15, 2019    USDA-TX-Dept of Ag Market News
 
New Mexico Direct Feeder Cattle Report 
Feeder Cattle Weighted Average Report for 03/15/2019
 
Receipts:  5,100    Last Week:  1,900    Year Ago:  5,900
 
   Compared to last week:  Not enough comparable sales on last week's light 
test for a market trend.  Trade activity and demand were moderate to good.  
Supply consisted of 89 percent steers and 11 percent heifers.  Near 39 
percent of the offerings weighed over 600 lbs.
   Note:  Feeder cattle prices based on net weights FOB after a 3 percent 
pencil shrink or equivalent.  Current is within 14 day delivery.  

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  105      750       750       138.00         138.00   Current FOB   
   60      800       800       136.25         136.25   Current FOB   
  293    850-880     862    131.00-133.00     132.21   Current FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
 2100      450       450    171.00-172.00     171.50   Current FOB  Mexican 
 1000      550       550    151.00-152.00     151.50   Current FOB  Mexican 
   65      700       700       137.27         137.27   Current FOB   
  259    760-775     767    135.00-140.83     137.90   Current FOB   
  635      875       875    138.40-138.61     138.53   Current FOB   
   20      900       900       129.48         129.48   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  105      725       725       130.00         130.00   Current FOB   
  195      750       750       129.00         129.00   Current FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  130      675       675       132.27         132.27   Current FOB   
  100      775       775       130.48         130.48   Current FOB   

Source:  USDA-TX Dept of Ag Market News Service
         Lana Hutto, Market Reporter, 806-356-5785
         landrea.hutto@ams.usda.gov
         www.ams.usda.gov/mnreports/AM_LS141.txt
 
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