Texas Daily Ag Market News Summary

As of 3:00 PM Friday in the Texas Panhandle, negotiated cash trading has been inactive on very light demand. Not enough purchases for a market trend. The last reported market was on Thursday with live FOB purchases at 184.00. In Kansas, Nebraska and Western Cornbelt negotiated cash trading and demand have been moderate. In Kansas, compared to the last reported market on Thursday, live FOB purchases traded unevenly steady from 183.00-185.00, with a few up to 187.00. In Nebraska, compared to last week, live FOB purchases traded steady to 1.00 lower from 186.00-187.00, and dressed delivered purchases traded 1.00 higher from 295.00-296.00. In the Western Cornbelt, compared to the last reported market on Thursday, live FOB purchases traded mostly 0.50 higher at 187.00, with a few up to 188.00, and dressed delivered purchases traded steady at 295.00, with a few up to 296.00.

Negotiated Sales:

Confirmed:       41,989

Week Ago:        11,726

Year Ago:          19,014

Head count priced today:   32,500

Weighted avg. weight:       872.00

Weighted avg. net price:    295.41

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Friday                  120,000

Week Ago           119,000

Year Ago             123,972

Week to Date     609,000

Last Week           599,000

Last Year             629.335

Steers & Heifers:      98,000

Cows & Bulls:           24,000

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Choice: 294.57… -0.82

Select:  284.17… -1.59

Choice/Select Spread: 10.40

Total Load Count: 155

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270.72… -0.70

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240.61… +0.23 / +0.10%

1 Year Change: +20.64%

52 Week Range: 199.40 to 254.09

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Live Cattle:

June: 176.15… +0.20

August: 174.12… +0.40

Oct: 177.42… +0.42

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Feeder Cattle:

May: 238.80… +0.15

August: 250.90… -0.15

September: 251.97… -0.10

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June Lean Hogs: 98.37… +0.65

June Crude Oil: 78.38… -0.88

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July Corn: 4.6975… +0.1325

July Wheat: 6.6350… +0.2600

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Omaha Corn: 4.58… +0.11

Kansas City Wheat: 6.18… +0.21

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DJIA: 39,512.32… +124.50

S & P 500: 5,222.66… +8.54

NASDAQ: 16,340.87… -5.39

U.S. Dollar Index: 105.30… -0.08