New Mexico Direct Feeder Cattle Report (Fri)
AM_LS141
Amarillo, TX    Fri Aug 14, 2020    USDA-TX-Dept of Ag Market News
 
New Mexico Direct Feeder Cattle Report 
Feeder Cattle Weighted Average Report for 08/14/2020
 
Receipts:  8,500    Last Week:  3,100    Year Ago:  3,500
 
   Compared to last week: Current FOB steers traded 3.00 higher.  Not enough 
recent comparable sales on feeder heifers for a market trend.  Above normal 
temperatures for this time of year have returned to the area, which has 
furthered drought conditions.  Supply consisted of 55 percent steers and 45 
percent heifers.  Near 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.

               Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  312      625       625    156.10-158.46     157.79   Current FOB   
  210      675       675       154.46         154.46   Current FOB   
  317    700-725     702    144.79-151.10     149.68   Current FOB   
   70      700       700       147.10         147.10   Sep     FOB   
 1800    800-825     821    141.64-144.35     142.66   Sep     FOB   
  500      825       825       143.62         143.62   Sep-Oct FOB   
 1300    800-825     819    142.64-142.85     142.69   Oct     FOB   

               Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   75      675       675       133.50         133.50   Current FOB  Mexican 
   71      700       700       139.26         139.26   Current FOB   

               Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   72      680       680       140.60         140.60   Current FOB   
  170      775       775       128.20         128.20   Current FOB   
   72      675       675       139.10         139.10   Sep     FOB   
 1750      750       750       135.20         135.20   Sep     FOB   
 1750      750       750       136.20         136.20   Oct     FOB   

Source:  USDA-TX Dept of Ag Market News Service
         Tess Liles, Market Reporter, 806-356-5759
         tess.liles@usda.gov
         www.ams.usda.gov/mnreports/AM_LS141.txt
 
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