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Nov
18
2024

Texas Daily Ag Market News Summary

Posted 7 days ago by Administrator Account

Daily Market Summary for November 15th

 
The Daily Market News Report is brought to you by The Cattle Range.

Please visit their website for more information!


Friday/Saturday Regional Auction Reports

 
Fed Cattle: 
USDA reported at 3:00 PM on Monday
Negotiated Sales:
Confirmed:     5,563
Week Ago:    20,465
Year Ago:      10,822
Formula Net - Dressed Steers & Heifers:
Head count priced today:  28,800
Weighted avg. weight:             895
Weighted avg. net price:    297.48
-
Cattle Slaughter under Federal Inspection
Monday                 118,000
Week Ago              112,000
Year Ago                 127,210
Week to Date        118,000
Last Week WTD    112,000
Last Year WTD      127,210
Friday
Steers & Heifers:   98,000
Cows & Bulls:         25,000
-
Boxed Beef:
Cutout Values:
Choice: 307.28… +3.94
Select:  274.45… -0.69
Choice/Select Spread: 31.83
Total Load Count: 109
-
Cutter Cow Cutout:
263.21
-
Index for November 15th unavailable.
CME Feeder Cattle Index for November 14th:
252.31… +1.27 / +0.51%
1 Year Change: +10.49%
52 Week Range: 215.33 to 261.88
-
Futures Settlements:
Live Cattle 
December: 184.10… +1.15
February: 185.97… +0.72
April: 187.92… +0.52
-
Feeder Cattle:
November: 251.82… +0.72
January: 249.50… +2.28
March: 248.62… +2.97
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February Lean Hogs: 83.27… +0.7
November Crude Oil: 69.05… +2.03
-
February Corn: 4.3975… +0.0450
February Wheat: 5.6575… +0.1175
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Grain Cash Bids:
Omaha Corn: 4.11… +0.04
Kansas City Wheat: 4.95… +0.15
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Financial Markets:
DJIA: 43,389.60… -55.33
S & P 500: 5,893.63… +23.02
NASDAQ: 18,791.81… +111.69
U.S. Dollar Index: 106.26… -0.43

Although all information is from sources believed to be accurate & timely, The Cattle Range expressly disclaims all warranties, expressed or implied, as to the accuracy of any of the contents provided and shall not be liable for decisions or actions taken based on the data, information, and opinions contained within.