Tulia cattle auction results

Tulia Livestock Auction, Tulia, Texas, reported receipts of 1,738 head of cattle selling on March 12, compared to 1,383 head on March 5, according to the USDA-Texas Department of Agriculture Market News, Amarillo, Texas.

The total included 1,725 head of feeder cattle and 13 head of slaughter cattle compared to a week ago’s total of 1,352 head of feeder cattle and 31 head of slaughter cattle. Compared to the prevoius week, the feeder steers and heifers were selling $10 to as much as $20 lower. The trade activity was moderate on light to moderate demand. The global markets continue to fall as public events are closed due to coronavirus, which has a trickle effect on the cattle markets. The CME feeder cattle board was locked down the limit. The supply included 99% feeder cattle with 67% steers, 32% were heifers and 1% were bulls; and 1% was slaughter cattle with 71% cows and 29% were bulls. The feeder cattle supply weighing over 600 pounds was 67%.