Texas Daily Ag Market Summary

USDA reported at 3:00 PM on Wednesday that negotiated cash trade in 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:           475

Week Ago:         3,836

Year Ago:           7,702

Head count priced today:  23,300

Weighted avg. weight:            911

Weighted avg. net price:    297.70

Wednesday           125,000

Week Ago              125,000

Year Ago                125.864

Week to Date        370,000

Last Week WTD    359,000

Last Year WTD      376,348

Steers & Heifers:    101,000

Cows & Bulls:           24,000

Choice: 39.13… +2.30

Select:  292.37… +0.28

Choice/Select Spread: 26.76

Total Load Count: 145

277.83… +3.90

249.45… -0.44 / -0.18%

1 Year Change: +0.48%

52 Week Range: 215.33 to 261.88

October: 187.05… +0.33

December: 186.60… +0.08

February: 186.97… -0.43

October: 246.10… -0.42

November: 245.50… -0.97

January: 243.35… -0.87

December Lean Hogs: 77.70… +2.48

November Crude Oil: 70.52… -0.06

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December Corn: 4.0475… +0.0350

December Wheat: 5.8500… +0.0550

Omaha Corn: 3.88… +0.04

Kansas City Wheat: 5.29… +0.06

DJIA: 43,077.44… +336.82

S & P 500: 5,842.42… +27.10

NASDAQ: 18,367.08… +51.49

U.S. Dollar Index: 103.58… +0.32