Texas Daily Ag Market News Summary

Monday Regional Auction Reports

 

Fed Cattle: 

USDA reported at 3:00 PM on Tuesday that negotiated cash trading has been mostly inactive on very light demand in all trading regions. Last week live FOB purchases traded at 185.00 in all regions. Last week dressed delivered purchases in Nebraska traded at 290.00 and in the Western Cornbelt, traded from 290.00-300.00.

Negotiated Sales:

Confirmed:   1,068

Week Ago:      500

Year Ago:      3,089

Formula Net - Dressed Steers & Heifers:

Head count priced today:  30,300

Weighted avg. weight:           908

Weighted avg. net price:   303.09

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Cattle Slaughter under Federal Inspection

Tuesday                126,000

Week Ago              121,000

Year Ago                127,312

Week to Date        244,000

Last Week WTD    233,000

Last Year WTD      254,522

Monday

Steers & Heifers:   95,000

Cows & Bulls:        23,000

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Boxed Beef:

Cutout Values:

Choice: 308.79… +1.51

Select:  271.91… -3.54

Choice/Select Spread: 36.88

Total Load Count: 135

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Cutter Cow Cutout:

260.85… -5.75

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CME Feeder Cattle Index for November 18th:

253.68… +1.06 / +0.42%

1 Year Change: +12.29%

52 Week Range: 215.33 to 261.88

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Futures Settlements:

Live Cattle:  

December: 186.57… +2.47

February: 188.00… +2.03

April: 189.42… +1.50

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Feeder Cattle:

November: 254.25… +2.43

January: 252.00… +2.50

March: 251.25… +2.63

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February Lean Hogs: 82.87… -0.40

November Crude Oil: 69.59… +0.42

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February Corn: 4.3775… -0.0200

February Wheat: 5.6775… +0.0200

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Grain Cash Bids:

Omaha Corn: 4.09… -0.02

Kansas City Wheat: 4.93… -0.02

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Financial Markets:

DJIA: 43,268.94… -120.66

S & P 500: 5,916.94… +23.31

NASDAQ: 18,987.47… +195.66

U.S. Dollar Index: 106.21… -0.07

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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.