Clovis feeder cattle sale results

Clovis Livestock Auction, Clovis, New Mexico, reported receipts of 1,509 head a week ago and 969 head trading March 24, according to USDA-New Mexico Department of Agriculture Market News, Portales, New Mexico.

Compared to a week ago, all classes of calves and feeders were in strong demand and prices were showing signs of a strong rally. Steers 300 to 500 pound were selling $25 to $29 higher. Calves and feeders over 500 pounds were trading $5 to $10 with higher instances selling $17 higher on those 650 to 700 pounds, though quality was more attractive and a larger selection was offered. Heifers 300 to 550 pounds were trading $8 to $13 higher. Calves and feeders over 550 pounds were selling $2 to $5 higher, with instances trading $15 higher on 600 to 650 pounds, though a larger selection of attractive heifers were offered. Trade was very active and demand was very good. Supply included: 84% feeder cattle (53% steers, 46% heifers, 1% bulls). Feeder cattle supply over 600 pounds was 41%.