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Oct
24
2024

Texas Daily Ag Market News Summary

Posted 32 days ago by Administrator Account

Daily Market Summary for October 24th

 
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.
Negotiated Sales:
Confirmed:            280
Week Ago:            475
Year Ago:           1,116
Formula Net - Dressed Steers & Heifers:
Head count priced today:  18,600
Weighted avg. weight:           912
Weighted avg. net price:   299.26
-
Cattle Slaughter under Federal Inspection
Thursday               124,000
Week Ago              118,000
Year Ago                 125,507
Week to Date        491,000
Last Week WTD    488,000
Last Year WTD      501,785
Wednesday
Steers & Heifers:    100,000
Cows & Bulls:           24,000
-
Boxed Beef:
Cutout Values:
Choice: 321.17… -0.24
Select:  294.34… -1.43
Choice/Select Spread: 26.83
Total Load Count: 189
-
Cutter Cow Cutout:
274.10… -1.20
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CME Feeder Cattle Index for October 23rd:
250.71… +0.06 / +0.02%
1 Year Change: +2.94%
52 Week Range: 215.33 to 261.88
-
Futures Settlements:
Live Cattle 
October: 189.30… +1.68
December: 189.25… +1.38
February: 189.95… +1.33
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Feeder Cattle:
October: 249.40… +0.83
November: 248.52… +1.30
January: 245.52… +1.70
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December Lean Hogs: 78.65… -1.52
November Crude Oil: 70.49… -0.28
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December Corn: 4.2150… +0.0250
December Wheat: 5.8150… +0.0300
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Grain Cash Bids:
Omaha Corn: 4.07… +0.03
Kansas City Wheat: 5.27… +0.01
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Financial Markets:
DJIA: 42,374.89… -134.04
S & P 500: 5,809.87… +12.28
NASDAQ: 18,415.49… +139.51
U.S. Dollar Index: 104.04… -0.39