Texas Daily Ag Market News Summary

Negotiated Sales:

Confirmed:       432

Week Ago:     8,653

Year Ago:       1,572

Formula Net - Dressed Steers & Heifers:

Head count priced today:   28,200

Weighted avg. weight:         896.00

Weighted avg. net price:     303.28

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Cattle Slaughter under Federal Inspection

Thursday              120,000

Week Ago              121,000

Year Ago                124,164

Week to Date       476,000

Last Week WTD   484,000

Last Year WTD     491,155

Wednesday

Steers & Heifers:   99,000

Cows & Bulls:         23,000

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Boxed Beef:

Cutout Values:

Choice: 316.94… +2.06

Select:  302.03… +1.53

Choice/Select Spread: 14.91

Total Load Count: 119

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Cutter Cow Cutout:

293.78… -1.54

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CME Feeder Cattle Index for August 14th:

246.34… +1.02 / +0.42%

1 Year Change: +0.69%

52 Week Range: 215.33 to 261.88

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Futures Settlements:

Live Cattle:  

August: 184.05… -0.55

October: 180.75… -1.37

December: 180.62… -0.98

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Feeder Cattle:

August: 246.72… -1.18

September: 243.67… -0.68

October: 240.90… -1.20

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October Lean Hogs: 76.50… +0.58

September Crude Oil: 78.36… +1.38

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December Corn: 3.9700… -0.0375

December Wheat: 5.5025… -0.0600

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Grain Cash Bids:

Omaha Corn: 3.90… -0.06

Kansas City Wheat: 4.87… -0.09

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Financial Markets:

DJIA: 40,563.38… +563.34

S & P 500: 5,543.24… +88.96

NASDAQ: 17,594.50… +401.90

U.S. Dollar Index: 103.02… +0.45