AM_LS141
Amarillo, TX    Fri Jan 24, 2020    USDA-TX-Dept of Ag Market News
 
New Mexico Direct Feeder Cattle Report 
Feeder Cattle Weighted Average Report for 01/24/2020
 
Receipts:  4,600    Last Week:  3,700    Year Ago:  2,000
 
   Compared to last week:  Feeder steers mostly steady on limited comparable 
sales.  Feeder heifers not tested.  Trade activity was moderate on good 
demand.  Supply consisted of 100 percent steers and 0 percent heifers.  Near 
9 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.

               Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   31      700       700       148.00         148.00   Current FOB   
  333      750       750       147.50         147.50   Current FOB   
   61      825       825       140.00         140.00   Feb     FOB   

               Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  175      380       380       174.00         174.00   Current FOB  Mexican 
  890      470       470    153.00-154.00     153.89   Current FOB  Mexican 
 2635      570       570    139.00-140.00     139.04   Current FOB  Mexican 
  500      600       600       137.00         137.00   Current FOB  Mexican 

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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