News Update

ROSWELL LIVESTOCK AUCTION SALES, INC. & ROSWELL LIVESTOCK AUCTION TRUCKING, INC. 900 North Garden · P.O. Box 2041 Roswell, New Mexico 88201 575/622-5580 www.roswelllivestockauction.com CATTLE SALES: MONDAYS HORSE SALES

BENNY WOOTON CELL 575/626-4754 SMILEY WOOTON CELL 575/626-6253

Producers hauling cattle to Roswell Livestock New Mexico Receiving Stations need to call our toll-free number for a Transportation Permit number before leaving home. The Hauling Permit number 1-800-748-1541 is answered 24 hours a day, 7 days a week.

Trucks are available 7 days a week / 24 hours a day Roswell livestock Auction Receiving stAtions

LORDSBURG, NM

20 Bar Livestock Highway #90 at NM #3 – East side of highway. Receiving cattle for transport 2nd & 4th Sunday of each month. Truck leaves Lordsburg on Sunday at 2:00 p.m. (MST) Smiley Wooton, 575/622-5580 office, 575/6266253 cell.

PECOS, TX

Jason Heritage is now receiving cattle every Sunday. For information to unload contact Jason Heritage 575/8409544 or Smiley Wooton 575/626-6253. NO PRIOR PERMITS REQUIRED. Trucks leave Sunday at 4:00 p.m. (CST)

VAN HORN, TX

800 West 2nd, 5 blocks west of Courthouse. Bob Kinford, 432/284-1553. Trucks leave 1st & 3rd Sunday at 3:00 p.m. (CST)

MORIARTY, NM

Two blocks east and one block south of Tillery Chevrolet. Smiley Wooton 575/622-5580 office, 575/626-6253 mobile. Trucks leave Sunday at 3:00 p.m. (MST)

SAN ANTONIO, NM

River Cattle Co. Nine miles east of San Antonio on U.S. 380. Receiving cattle for transport 2nd & 4th Sunday of each month. Michael Taylor 575/418-7398. Trucks leave Sunday at 3:00 p.m. (MST)

NEWS

UPDATE

by Susan Kelly, meatingplace.com

Outlook Strengthens Across Beef, Pork, Chicken Sectors: CoBank

The beef industry finished the third quarter in a far better position than where it started, while pork exports appear poised to pick up and demand from foodservice is buoying chicken, CoBank said in its latest quarterly report on U.S. agricultural markets.

Beef packer margins have remained elevated with capacity still limited, a large backlog of cattle, and surprisingly strong demand. This will likely continue through 2020, CoBank said. At the same time, the boxed beef cutout has climbed 5 percent over the last three months, helping lift cattle prices by 10 percent, and profitability for cattle feeders has improved to break-even levels.

The U.S. consumer’s beef budget is going further with more meals now eaten at home. Still, the report identified two potential challenges ahead: the effect on demand from cooler weather due to limits on indoor restaurant dining, and the risk of a disruption at plants. The Kansas beef plant fire last year and COVID-19 shutdowns this spring showed that plant capacity has minimal cushion. Beef plants and their essential workers are critical to ensuring a strong end to a very challenging and volatile year, CoBank said.

Pork

In the U.S. pork sector, there is renewed optimism for trade after exports slowed significantly over the summer, the bank said. The discovery of African swine fever (ASF) in wild boars in Germany led key importing markets to ban pork from the country, and lean hog futures to spike higher.

Reuters reported that three more ASF cases were confirmed in wild boars in the eastern German state of Brandenburg, bringing total confirmed cases to 53 since the first occurrence on Sept. 10.

CoBank said he pork industry made up for lost time during the third quarter, processing 4 percent more hogs after COVID-19 drove plant shutdowns in April and May. This helped alleviate a backup of more than a half-million hogs, the report said. Processor margins are below what some enjoyed during the second quarter, but hog producer margins have improved from very weak levels at mid-year. The bank projects positive producer margins of $15 to $20 per head in the first half of 2021.

Chicken

The chicken sector is faring better in the foodservice channel thanks to quick-serve and take-out dining demand, CoBank said. The third quarter saw improved pricing and margins for the U.S. industry, and most producers were modestly profitable over the summer.

Dark meat chicken prices remain a weak spot, but the bank predicted improvement in U.S. chicken exports and values in the coming months now that oil prices have rebounded and Mexico’s economy has bottomed. ▫

American Farm Bureau’s 102nd Convention Goes Virtual

The American Farm Bureau Federation has announced that its 102nd Annual Convention will be held online following the cancellation of all events through Jan. 31, 2021, at the San Diego Convention Center. The 2021 American Farm Bureau Virtual Convention, to be held Jan. 10-13, 2021, will bring together farmers, ranchers and industry experts to discuss the top issues facing agriculture, including the impact of COVID-19, sustainability and the future of the supply chain. Registration for the 2021 American Farm Bureau Virtual Convention will open later this year and will be free to all attendees. Further details on the event can be found at fb.org/events. ▫

HAY RAKE, INC HIGHWAY GUARDRAIL CORRALS

Last a lifetime

No maintenance

Go up fast

Attractive

Provide excellent windbreak protection

Pipe and other construction materials available

Stan Fury • 575-760-6711/456-8453 • Broadview, N.M. 88112 Web: www.usedrails.com • Email: fury@plateautel.net