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New Mexico Direct Feeder Cattle Report (Fri)
USDA - Fri Jan 17, 6:25AM CST
AM_LS141
Amarillo, TX    Fri Jan 17, 2020    USDA-TX-Dept of Ag Market News
 
New Mexico Direct Feeder Cattle Report 
Feeder Cattle Weighted Average Report for 01/17/2020
 
Receipts:  3700    Last Week:  3600    Year Ago:  3000
 
   Compared to last week:  Feeder steers and heifers traded mostly steady to 
2.00 higher.  Trade activity was active on good demand.  Higher premiums are 
being offered on cattle contracted out past March, which is in line with the 
CME Feeder Cattle futures contracts.  Supply consisted of 90 percent steers 
and 10 percent heifers.  Near 29 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
  115      665       665       155.00         155.00   Current FOB   
   30      740       740       147.00         147.00   Current FOB   
  110    750-775     765    142.25-144.00     143.30   Current FOB   
  143      800       800    142.00-143.00     142.56   Current FOB   
   80      800       800       139.00         139.00   Feb     FOB   
  115      800       800       143.00         143.00   Mar     FOB   
 1005    800-825     802    146.00-150.00     148.37   Apr     FOB   

               Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
1700      470       470       153.00         153.00   Current FOB  Mexican
 190      800       800       136.69         136.69   Mar     FOB   

               Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   25      700       700       135.25         135.25   Current FOB   
   80      750       750       132.00         132.00   Feb     FOB FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  140      775       775       130.69         130.69   Mar     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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