New Mexico Direct Feeder Cattle Report (Fri)
AM_LS141
Amarillo, TX    Fri Dec 7, 2018    USDA-TX-Dept of Ag Market News
 
New Mexico Direct Feeder Cattle Report 
Feeder Cattle Weighted Average Report for 12/07/2018
 
Receipts:  900    Last Week:  800    Year Ago:  700
 
   Compared to last week:  Not enough comparable sales of steers or 
heifers for an adequate market trend; however, a lower undertone was 
noted.  Trade activity was slow to moderate on light to moderate demand.  
Supply consisted of 77 percent steers and 23 percent heifers.  100 
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
  124      765       765       145.00         145.00   Current FOB   
  115      850       850       143.00         143.00   Current FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  115      700       700       139.87         139.87   Current FOB   
  375      825       825       139.48         139.48   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  120      800       800       140.00         140.00   Current FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   95      670       670       131.87         131.87   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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