Oct 30 2024

Texas Daily Ag Market News Summary Posted 26 days ago by Administrator Account

Daily Market Summary for October 30th

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:          6,496

Week Ago:              281

Year Ago:       2,311

Formula Net - Dressed Steers & Heifers:

Head count priced today: 26,200

Weighted avg. weight:            906

Weighted avg. net price:   304.32

-

Cattle Slaughter under Federal Inspection

Tuesday                124,000

Week Ago             124,000

Year Ago                122,743

Week to Date       369,000

Last Week WTD   367,000

Last Year WTD     373,972

Monday

Steers & Heifers:  100,000

Cows & Bulls:     24,000

-

Boxed Beef:

Cutout Values:

Choice: 319.44… -1.17

Select: 289.32… -0.64

Choice/Select Spread: 30.12

Total Load Count: 154

-

Cutter Cow Cutout:

277.01… +1.24

-

CME Feeder Cattle Index for October 29th:

250.06… +0.57 / +0.23%

1 Year Change: +5.72%

52 Week Range: 215.33 to 261.88

-

Futures Settlements:

Live Cattle:  

October: 188.40… -0.90

December: 186.42… -1.53

February: 187.05… -1.57

-

Feeder Cattle:

October: 250.95… +0.93

November: 245.50… -1.10

January: 241.97… -2.05

-

December Lean Hogs: 84.37… +1.55

November Crude Oil: 68.95... +1.74

-

December Corn: 4.1150… -0.0225

December Wheat: 5.7325… +0.0275

-

Grain Cash Bids:

Omaha Corn: 3.96… -0.03

Kansas City Wheat: 5.16… +0.02

-

Financial Markets:

DJIA: 42,159.70… -82.29

S & P 500: 5,814.76… -18.85

NASDAQ: 18,607.93… -104.83

U.S. Dollar Index: 104.06… -0.29