CV_LS750 Clovis Thursday Feb 25, 2016 USDA-NM Dept of Ag Market News Clovis Feeder Cattle Weighted Average Report for 02/24/2016 Receipts: 1742 Last Week: 2699 Year Ago: 1174 Compared to last week: Steers and heifers under 500 lbs 4.00-5.00 higher; over 500 lbs 2.00-3.00 lower. Slaughter cows and bulls steady to 2.00 higher. Trade Active, demand good to very good. Bulk supply Medium and Large 1-2 300-800 lb feeder steers and heifers. Slaughter cows 3 percent of offering, slaughter bulls 1 percent, bred cows 5 percent, pairs less than 1 percent and feeders 91 percent. In the feeder supply, steers made up approximately 67 percent of the run; heifers 33 percent; steers and heifers over 600 lbs total 47 percent. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 285 285 272.00 272.00 Value Added 2 325 325 247.00 247.00 4 358 358 246.00 246.00 40 403-436 423 219.00-230.50 226.18 5 421-435 427 222.00-227.00 224.04 Value Added 10 467-496 476 196.50-209.00 205.09 13 477-497 489 198.50-203.00 200.19 Value Added 13 500-540 525 183.00-215.00 190.00 55 525-538 528 188.50-196.00 194.18 Value Added 5 581 581 179.00 179.00 93 553-570 559 176.00-185.00 184.06 Value Added 72 603-640 627 168.00-175.00 171.69 58 650-694 678 160.00-169.00 164.84 40 713-745 729 156.00-162.00 159.19 29 754-794 778 147.50-160.00 153.73 291 810-845 833 144.50-150.50 148.07 3 946 946 128.00 128.00 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 10 323 323 230.00 230.00 8 362-374 371 228.00-241.00 231.17 7 442-444 443 219.50-222.50 220.35 7 427 427 219.00 219.00 Thin Fleshed 25 405-433 423 203.00-215.50 210.34 Value Added 10 452-476 466 207.50-209.00 208.08 3 461 461 210.50 210.50 Value Added 15 500-517 509 187.00-196.00 191.94 4 510 510 192.00 192.00 Value Added 15 578-587 582 174.50-182.00 178.47 27 554 554 180.50 180.50 Value Added 31 601-645 619 159.00-171.00 169.33 11 693 693 162.00 162.00 3 801 801 148.00 148.00 Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 2 337 337 220.00 220.00 2 392 392 220.00 220.00 Value Added 2 422 422 215.00 215.00 6 444 444 215.00 215.00 Value Added 2 465 465 202.00 202.00 Value Added 2 542 542 190.00 190.00 Thin Fleshed 2 500 500 189.00 189.00 Value Added 4 557 557 178.00 178.00 3 558 558 176.50 176.50 Value Added 7 610-645 635 160.00-166.00 161.65 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 7 297 297 220.00 220.00 Value Added 2 342 342 208.00 208.00 2 320 320 220.00 220.00 Value Added 6 361-375 368 207.50-210.00 208.73 12 352 352 220.00 220.00 Value Added 48 414-439 434 175.00-199.50 197.07 20 405-441 420 182.00-203.00 195.99 Value Added 11 467-498 480 170.50-187.00 178.73 40 450-495 486 178.00-188.00 179.38 Value Added 8 505-510 507 166.00-174.00 170.98 29 511-519 515 175.00-179.00 178.13 Value Added 16 561-571 563 160.00-163.00 161.75 2 567 567 161.00 161.00 Value Added 4 625 625 153.00 153.00 5 637 637 150.00 150.00 Value Added 22 653-677 670 147.00-149.00 147.49 19 716-727 724 144.00-144.50 144.24 5 780 780 137.00 137.00 1 890 890 145.00 145.00 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 6 226 226 230.00 230.00 4 332-337 334 190.00-208.00 199.07 13 421-448 432 175.00-186.00 178.55 28 462-488 476 167.50-176.00 171.76 Value Added 5 517 517 172.00 172.00 5 512 512 179.00 179.00 Value Added 26 556-572 569 160.50-165.00 164.15 Value Added 27 607-642 639 146.50-147.50 146.57 7 650 650 147.00 147.00 25 650 650 151.00 151.00 Guaranteed Open Feeder Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 8 355-388 376 179.00-183.00 180.33 11 410-417 414 183.00-192.00 187.95 Value Added 14 522 522 169.00 169.00 Value Added 7 570-588 580 145.00-155.50 149.42 3 606 606 142.50 142.50 4 757 757 133.00 133.00 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 2 375 375 222.00 222.00 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 5 589 589 173.50 173.50 Slaughter Cows: % Lean Weight Avg. Dressing Hi Dressing Lo Dressing Breakers 75-80 1200-1600 --- --- --- Breakers 75-80 850-1200 --- --- --- Boners 80-85 1200-2000 72.00-79.50 --- 62.50-69.50 Boners 80-85 800-1200 --- 81.75-83.25 --- Lean 85-90 1200-1600 74.50-81.25 82.75-84.25 --- Lean 85-90 850-1200 74.00-81.25 84.75-85.75 67.00-73.00 Lean 85-90 750-850 71.00-74.50 --- 69.00 Lean 85-90 Under 750 --- --- --- Slaughter Bulls: Yield Grade 1-2 1300-2270 lbs 92.00-102.50 High Dressing Ind 1485 lbs 105.00 Low Dressing 1000-1930 lbs 80.00- 90.75 Replacement Cows: Medium and Large 1-2: Young 800-1465 lb cows 3-8 months bred 1025.00-1450.00, per head; middle aged ind 995 lb cow 6-8 month bred 950.00 per head. First Calf Heifers: 620-850 lb cows 1-8 months bred 750.00-1150.00, per head. Cow/Calf Pairs: Medium and Large 1-2: Young 975-1200 lb cows w/100-200 lb calves 1485.00-1500.00, per pair; aged 975-1050 lb cows w/100-150 lb calves 1050.00-1250.00, per pair. Source: NM Dept of Ag-LPGMN Division USDA Market News, Clovis, NM Gary Lewis 575-762-3705 gary.lewis@ams.usda.gov 24 hr markets 575-763-3030 Fax 575-742-2523 www.ams.usda.gov/mnreports/cv_ls150.txt 945m gl/dp