Texas Daily Ag Market News Summary

USDA reported at 3:00 PM on Thursday that in the Southern Plains, negotiated cash trade has been limited on light demand. A few live FOB purchases at 185, however, not enough purchases for a market trend. Last week in the Southern Plains live FOB purchases traded at 187.00. In Nebraska and the Western Cornbelt negotiated cash trading has been slow on light to moderate demand. Compared to the last reported market on Wednesday in Nebraska, live FOB purchases traded steady to 0.50 lower at 185.00 and dressed delivered purchases traded steady at 290.00. Compared to last week in the Western Cornbelt, live FOB purchases traded 3.00 lower from 182.00-185.00 and dressed delivered purchases traded 4.00 lower at 290.00.

Confirmed:   25,514

Week Ago:     2,079

Year Ago:       None

Head count priced today:  43,800

Weighted avg. weight:           920

Weighted avg. net price:   300.07

Thursday               125,000

Week Ago              125,000

Year Ago                 122,070

Week to Date        483,000

Last Week WTD    494,000

Last Year WTD      498,488

Steers & Heifers:   101,000

Cows & Bulls:           24,000

Choice: 303.80… -3.14

Select:  276.66… -2.00

Choice/Select Spread: 27.14

Total Load Count: 212

264.28… -2.13

251.04… +2.02 / +0.81%

1 Year Change: +9.80%

52 Week Range: 215.33 to 261.88

December: 182.95… -1.07

February: 185.10… -0.97

April: 186.92… -0.75

November: 247.62… +1.15

January: 243.20… -0.45

March: 241.72… -0.48

December Lean Hogs: 80.10… -1.77

November Crude Oil: 68.58… +0.15

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December Corn: 4.1900… -0.0750

December Wheat: 5.3025… -0.1075

Omaha Corn: 4.04… -0.07

Kansas City Wheat: 4.73… -0.08

DJIA: 43,750.61… -207.58

S & P 500: 5,949.17… -36.21

NASDAQ: 19,107.65… -123.09

U.S. Dollar Index: 106.96… +0.48