Texas Daily Ag Market News Summary

USDA reported at 3:00 PM on Wednesday 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.

Confirmed:            280

Week Ago:             475

Year Ago:            1,116

Head count priced today:  18,600

Weighted avg. weight:           912

Weighted avg. net price:   299.26

Wednesday           124,000

Week Ago              125,000

Year Ago                124,037

Week to Date        367,000

Last Week WTD    370,000

Last Year WTD      376,278

Steers & Heifers:    101,000

Cows & Bulls:           22,000

Choice: 321.41… -2.55

Select:  295.77… +0.97

Choice/Select Spread: 25.64

Total Load Count: 136

275.30… -0.29

250.71… +0.06 / +0.02%

1 Year Change: +2.94%

52 Week Range: 215.33 to 261.88

October: 187.62… -0.43

December: 187.87… -0.25

February: 188.62… -0.20

October: 248.57… -0.85

November: 247.22… -1.70

January: 243.82… -2.23

December Lean Hogs: 80.17… +1.05

November Crude Oil: 71.01... -0.73

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December Corn: 4.1900… +0.0250

December Wheat: 5.7850… +0.0250

Omaha Corn: 4.04… +0.03

Kansas City Wheat: 5.26… -0.01

DJIA: 42,508.93… -416.69

S & P 500: 5,797.59… -53.67

NASDAQ: 18,275.98… -297.15

U.S. Dollar Index: 104.37… +0.29