Texas Daily Ag Market News Summary

USDA reported at 3:00 PM on Tuesday that negotiated cash trade in the Southern Plains and Nebraska has been at a standstill. Last week in the Texas Panhandle live FOB purchases traded at 187.00. In Kansas last week live FOB purchases traded from 186.00-187.00. In Western Cornbelt negotiated cash trade has been mostly inactive on very light demand. Last week in Nebraska live purchases traded from 187.00-188.00, while dressed purchases traded at 296.00. Last week in the Western Cornbelt live FOB purchases traded from 187.00-188.00, while dressed purchase traded at 296.00, with a few up to 298.00.

Confirmed:           188

Week Ago:            326

Year Ago:           3,956

Head count priced today:  29,300

Weighted avg. weight:             909

Weighted avg. net price:    297.01

Tuesday                 125,000

Week Ago              124,000

Year Ago                 127,360

Week to Date        245,000

Last Week WTD    234,000

Last Year WTD      250,484

Steers & Heifers:      97,000

Cows & Bulls:            23,000

Choice: 316.83… +3.51

Select:  292.09… +2.59

Choice/Select Spread: 24.74

Total Load Count: 136

273.93... -2.78

249.89… -0.72 / -0.29%

1 Year Change: +0.66%

52 Week Range: 215.33 to 261.88

October: 186.72… -1.53

December: 186.52… -1.40

February: 187.40… -1.30

October: 246.52… -2.60

November: 246.47… -3.10

January: 244.22… -3.38

December Lean Hogs: 75.22… -0.58

November Crude Oil: 73.89

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December Corn: 4.0125… -0.0700

December Wheat: 5.7950… -0.0575

Omaha Corn: 3.84… -0.06

Kansas City Wheat: 5.23… -0.07

DJIA: 42,740.62… -343.53

S & P 500: 5,815.32… -46.18

NASDAQ: 18,315.59… -188.68

U.S. Dollar Index: 103.26… -0.05