Texas Daily Ag Market News Summary

USDA reported at 3:00 PM on Tuesday that negotiated cash trade in in the Southern Plains has been at a standstill. Last week in the Texas Panhandle live FOB purchases traded from 190.00-191.00. Last week in Kansas live FOB purchases traded at 190.00. In Nebraska negotiated cash trading has been mostly inactive with very light demand. Not enough purchases for a market trend. For the prior week in Nebraska live FOB and dressed delivered purchases traded from 190.00-192.00 and at 298.00, respectively. In the Western Cornbelt negotiated cash trading has been limited on light demand. A few early live FOB purchases traded at 189.00. However, not enough purchases for a full market trend. For the previous week in the Western Cornbelt live FOB and dressed delivered purchases traded at 190.00 and from 298.00-300.00, respectively.

Confirmed:           6,496

Week Ago:               281

Year Ago:              2,311

Head count priced today:  26,200

Weighted avg. weight:           906

Weighted avg. net price:   304.32

Tuesday                 124,000

Week Ago              123,000

Year Ago                 127,122

Week to Date        245,000

Last Week WTD    243,000

Last Year WTD      251,229

Steers & Heifers:     98,000

Cows & Bulls:           23,000

Choice: 320.41… -3.09

Select:  289.96… -2.22

Choice/Select Spread: 30.45

Total Load Count: 150

275.77… +1.24

249.49… +0.12 / +0.05%

1 Year Change: +5.48%

52 Week Range: 215.33 to 261.88

October: 189.30… -0.87

December: 187.95… -1.32

February: 188.62… -1.48

October: 250.02… -0.05

November: 246.60… -2.60

January: 244.02… -2.93

December Lean Hogs: 82.62… +2.00

November Crude Oil: 67.21... -0.17

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December Corn: 4.1375… +0.03

December Wheat: 5.7050… +0.1175

Omaha Corn: 3.99... +0.03

Kansas City Wheat: 5.14... +0.12

DJIA: 42,241.99… -146.89

S & P 500: 5,833.61… +9.95

NASDAQ: 18,712.76… +145.57

U.S. Dollar Index: 104.32… Unchanged