New Mexico direct cattle trade — week of October 19, 2026

Feeder cattle sold ranch to feedlot, outside the auction ring, Oct 19–October 23, 2026. Covers New Mexico.

Head traded F.O.B.
3,935
Last report 2,690 · last year 643
Delivered — more
Steers 800–899 lb · current
— /cwt
No current F.O.B. trades this week
Heifers 700–799 lb · current
$335.00 /cwt
F.O.B. · 4-wk avg $325.15

Compared to last week: Not enough comparable sales on feeder steers or heifers for a market trend. Buyer demand remains good. The majority of the supply consisted of Mexican Origin cattle.

USDA Market News reporter, week of October 19, 2026

Supply included: 100% Feeder Cattle (76.2% Steers, 21.2% Heifers, 2.6% Beef/Dairy Heifers). Feeder cattle supply over 600 lbs was 92%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with an 8-12 cent slide >600 lbs.

Feeder steers — week of Oct 19

WeightCurrent headAvg wtCurrent $/cwtvs last weekForward $/cwtDelivered $/cwt
600–699 lb 30625 lb $378.00 — — —
700–799 lb 23725 lb $358.00 — — —
900–999 lb 190925 lb $325.00 — — —
Medium and Large No. 1 and 1–2, regular lots, cash trades, head-weighted by 100-lb band. Current = delivery within about two weeks; forward = later delivery (months listed). Main prices are F.O.B. (buyer pays freight); the last column is the other freight basis, current delivery. † Based on fewer than 5 head; treat as a rough price.

Feeder heifers — week of Oct 19

WeightCurrent headAvg wtCurrent $/cwtvs last weekForward $/cwtDelivered $/cwt
700–799 lb 70710 lb $335.00 +13.00 — —
800–899 lb —— — — $315.00435 hd · Dec —
Medium and Large No. 1 and 1–2, regular lots, cash trades, head-weighted by 100-lb band. Current = delivery within about two weeks; forward = later delivery (months listed). Main prices are F.O.B. (buyer pays freight); the last column is the other freight basis, current delivery. † Based on fewer than 5 head; treat as a rough price.

Price trends (current F.O.B.)

Steers 700–799 lb Easing

Latest (week of October 19, 2026)
$358.00/cwt
4-week average
$358.00
13-week average
$363.76
4-week vs 13-week
−1.6%
52-wk low $358.00high $381.84

Sales in 2 of the last 13 weeks.

Steers 800–899 lb Rising

Latest (week of October 12, 2026)
$333.97/cwt
4-week average
$334.82
13-week average
$329.34
4-week vs 13-week
+1.7%
52-wk low $319.00high $359.17

Sales in 6 of the last 13 weeks.

Heifers 700–799 lb Steady

Latest (week of October 19, 2026)
$335.00/cwt
4-week average
$325.15
13-week average
$322.29
4-week vs 13-week
+0.9%
52-wk low $301.79high $356.00

Sales in 6 of the last 13 weeks.

Direction compares the 4-week average with the 13-week average: Rising +1% or more, Steady within ±1%, Easing −1% to −3%, Falling −3% or more. Weekly prices are head-weighted averages of Medium and Large No. 1 and 1–2 feeder cattle, regular lots.

The label describes recent prices; it is not a forecast. In our backtest of every barn since 2019 (about 35,000 barn-weeks), barns labeled Falling went on to beat other barns' average move over the next 13 weeks 61% of the time, and barns labeled Rising trailed it 56% of the time.

Last 52 weeks

Weekly average $/cwt4-week average

Price history

Weekly average $/cwt

Recent weeks

Week ofF.O.B. headDelivered headSteers 800–899Steers 700–799Heifers 700–799
Oct 193,935——$358.00$335.00
Oct 122,690—$333.97—$322.00
Oct 54,305—$331.00—$318.45
Sep 282,000—$339.50——
Sep 21162————
Sep 141,385—$319.00—$317.00
Sep 7154————
Aug 312,030———$301.79
Aug 24357—$319.00——
Aug 17450————
Aug 10475—$333.56——
Aug 3584——$369.52$339.52
Jul 2785————
Current F.O.B. cash trades, $/cwt.

Source: USDA AMS Market News, “New Mexico Direct Cattle Report” (AMS_2708). Direct trades are negotiated between sellers and buyers (often feedlots) and reported to USDA weekly; weights are estimates and prices carry the shrink and slide terms above.