Agriculture Market Summary
Skip to content
Search
(800)-Tell-TDA
835-5832

weekly-market-recap2

Oct
22
2024

Texas Daily Ag Market News Summary

Posted 34 days ago by Administrator Account

Daily Market Summary for October 22nd 

 
The Daily Market News Report is brought to you by The Cattle Range.

Please visit their website for more information!


Fed Cattle: 
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 Southern Plains live FOB purchases traded at 188.00. Last week in Nebraska live FOB purchases traded from 187.00-188.00 and dressed delivered purchases traded at 296.00. In the Western Cornbelt negotiated cash trading has been mostly inactive on very light demand. Not enough purchases for a market trend. Last week live FOB purchases traded from 187.00-188.00 and dressed delivered purchases traded at 296.00.
Negotiated Sales:
Confirmed:            281
Week Ago:             188
Year Ago:               367
Formula Net - Dressed Steers & Heifers:
Head count priced today: 33,600
Weighted avg. weight:            916
Weighted avg. net price:   302.59
-
Cattle Slaughter under Federal Inspection
Tuesday                 123,000
Week Ago              125,000
Year Ago                127,313
Week to Date        243,000
Last Week WTD    245,000
Last Year WTD      252,241
Monday
Steers & Heifers:      98,000
Cows & Bulls:           22,000
-
Boxed Beef:
Cutout Values:
Choice: 323.96… +1.10
Select:  294.80… -1.41
Choice/Select Spread: 29.16
Total Load Count: 142
-
Cutter Cow Cutout:
275.59... -1.31
-
CME Feeder Cattle Index for October 21st:
250.65… +0.39 / +0.16%
1 Year Change: +2.91%
52 Week Range: 215.33 to 261.88
-
Futures Settlements:
Live Cattle 
October: 188.05… +1.05
December: 188.12… +1.30
February: 188.82… +1.20
-
Feeder Cattle:
October: 249.42… +1.85
November: 248.92… +2.32
January: 246.05… +1.80
-
December Lean Hogs: 79.12… +0.85
November Crude Oil: 72.24… +1.68
-
December Corn: 4.1650… +0.0700
December Wheat: 5.7600… +0.0375
-
Grain Cash Bids:
Omaha Corn: 4.01… +0.09
Kansas City Wheat: 5.27… +0.05
-
Financial Markets:
DJIA: 42,925.62… -11.98
S & P 500: 5,851.26… -3.52
NASDAQ: 18,573.13… +31.67
U.S. Dollar Index: 104.10… +0.09