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Eastern New Mexico Grain Market Summary
CLOVIS - Dec 9/03 - SNS -- The USDA today issued its latest weekly summary of grain market values and conditions in New Mexico.
Eastern New Mexico Grain
Compared to last week: Trade moderate; demand moderate. Wheat 1-3 lower; corn
2-5 higher and milo 10 higher.
Wheat is very slow. Elevators are current. Some wheat is being shipped to
gulf. New crop wheat looks very bad.
Corn is moving to feedlots and dairies, mostly spot movement. Some corn is
being shipped in from out of state.
Milo is moving to feedlots and dairies, mostly spot movement. Elevators are
very current. New crop harvest just about finished.
US 1 Hard Red US 2 Yellow US 2 Yellow US 2 Grain
Winter Wheat Corn (bu) Corn (cwt) Sorghum
Portales Area 3.72 2.80 5.00 4.53
Clovis 3.79 2.81 5.01 4.76
Melrose 3.75 -0- -0- 4.55
Farwell 3.72 2.67 4.76 4.41
Source: USDA-NM Dept of Ag Market News Clovis, NM
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