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Nov
01
2024

Texas Daily Ag Market News Summary

Posted 24 days ago by Administrator Account

Daily Market Summary for November 1st

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: 10,552

Week Ago: 21,553

Year Ago: 28,983

Formula Net - Dressed Steers & Heifers:

Head count priced today: 38,700

Weighted avg. weight: 940

Weighted avg. net price: 302.81

Cattle Slaughter under Federal Inspection

Thursday 119,000

Week Ago 113,000

Year Ago 123,078

Week to Date 603,000

Last Week WTD 604,000

Last Year WTD 623,309

Tuesday

Steers & Heifers: 97,000

Cows & Bulls: 24,000

Boxed Beef:

Cutout Values:

Choice: 316.34… -1.26

Select: 285.03… -0.34

Choice/Select Spread: 31.31

Total Load Count: 95

Cutter Cow Cutout:

273.16… +0.23

CME Feeder Cattle Index for October 31st:

250.98… -0.22 / -0.09%

1 Year Change: +5.79%

52 Week Range: 215.33 to 261.88

Futures Settlements:

Live Cattle:

December: 185.92… -0.38

February: 186.90… +0.13

April: 187.70… +0.35

Feeder Cattle:

November: 246.87… +1.50

January: 243.20… +1.88

March: 241.15… +2.08

December Lean Hogs: 84.07… +0.27

December Crude Oil: 69.42... +0.16

December Corn: 4.1450… +0.0375

December Wheat: 5.6800… -0.0250

Grain Cash Bids:

Omaha Corn: 3.89… +0.03

Kansas City Wheat: 5.07… -0.02

Financial Markets:

DJIA: 42,047.39… -284.20

S & P 500: 5,728.81… +23.44

NASDAQ: 18,239.92… +144.77

U.S. Dollar Index: 104.31… +0.33