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Oct
02
2024

Texas Daily Ag Market News Summary

Posted 85 days ago by Administrator Account

Daily Market Summary for October 2nd

The Daily Market News Report is brought to you by The Cattle Range. Please visit their website for more information!


Fed Cattle: 

USDA report unavailable due to packer submissions issues.

Negotiated Sales:

Confirmed:       

Week Ago:      

Year Ago:          

Formula Net - Dressed Steers & Heifers:

Head count priced today:   

Weighted avg. weight:         

Weighted avg. net price:     

-

Cattle Slaughter under Federal Inspection

Wednesday          124,000

Week Ago              120,000

Year Ago                126,874

Week to Date        367,000

Last Week WTD    363,000

Last Year WTD      373,888

Tuesday

Steers & Heifers:    100,000

Cows & Bulls:           24,000

-

Boxed Beef:

Cutout Values:

Choice: 299.81… -0.36

Select:  283.93… -1.37

Choice/Select Spread: 15.88

Total Load Count: 184

-

Cutter Cow Cutout:

275.12… -5.63

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CME Feeder Cattle Index for October 1st:

247.29… -0.14 / -0.06%

1 Year Change: -1.95%

52 Week Range: 215.33 to 261.88

-

Futures Settlements:

Live Cattle:  

October: 187.42… +2.95

December: 187.70… +2.53

February: 188.40… +2.23

-

Feeder Cattle:

October: 249.72… +3.57

November: 248.55… +3.88

January: 242.07… +3.62

-

December Lean Hogs: 76.75… +2.15

November Crude Oil: 70.92… +1.09

-

December Corn: 4.3250… +0.0350

December Wheat: 6.1550… +0.1650

-

Grain Cash Bids:

Omaha Corn: 4.18… +0.04

Kansas City Wheat: 5.59… +0.21

-

Financial Markets:

DJIA: 42,197.69… +40.58

S & P 500: 5,709.27… +0.53

NASDAQ: 17,923.86… +13.50

U.S. Dollar Index: 101.62… -0.41