Texas Daily Ag Market News Summary

Fed Cattle:

As of 3:00 PM, report unavailable.

Negotiated Sales:

Confirmed:      1,020

Week Ago:       7,384

Year Ago:           433

Formula Net - Dressed Steers & Heifers:

Head count priced today:   34,900

Weighted avg. weight:        889.00

Weighted avg. net price:     305.21

-

Cattle Slaughter under Federal Inspection

Thursday              120,000

Week Ago             115,000

Year Ago               124,416

Week to Date       480,000

Last Week WTD   475,000

Last Year WTD     496,768

Wednesday

Steers & Heifers:    99,000

Cows & Bulls:         23,000

-

Boxed Beef:

Cutout Values:

Choice: 312.46… -0.22

Select:  295.11… +1.15

Choice/Select Spread: 17.35

Total Load Count: 131

-

Cutter Cow Cutout:

296.72... -0.08

-

CME Feeder Cattle Index for July 24th:

259.06… +0.67 / +0.26%

1 Year Change: +7.22%

52 Week Range: 215.33 to 261.88

-

Futures Settlements:

Live Cattle:  

August: 188.90… +2.00

October: 188.60… +2.33

December: 188.90… +1.63

-

Feeder Cattle:

August: 258.62… +1.50

September: 257.90… +1.20

October: 257.07… +0.70

-

August Lean Hogs: 93.77… Unchanged

September Crude Oil: 78.32… +0.73

-

September Corn: 4.0600… +0.0225

September Wheat: 5.3775… -0.0925

-

Grain Cash Bids:

Omaha Corn: 4.28… +0.02

Kansas City Wheat: 5.12… -0.06

-

Financial Markets:

DJIA: 39,935.07… +80.87

S & P 500: 5,399.28… -27.88

NASDAQ: 17,181.72… -160.69

U.S. Dollar Index: 104.36… -0.03