Texas Daily Ag Market News Summary

USDA reported at 3:00 PM on Wednesday that negotiated cash trading has been inactive on very light demand in the Southern Plains. In Nebraska and the Western Cornbelt, negotiated cash trading has been limited on light demand. Not enough purchases in any region for a market trend. 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.

Confirmed:   2,891

Week Ago:   3,127

Year Ago:     5,931

Head count priced today:  23,600

Weighted avg. weight:           910

Weighted avg. net price:   298.78

Wednesday          127,000

Week Ago              125,000

Year Ago                126,963

Week to Date        371,000

Last Week WTD    358,000

Last Year WTD      381,485

Steers & Heifers:   103,000

Cows & Bulls:          23,000

Choice: 306.39… -2.40

Select:  270.99… -0.92

Choice/Select Spread: 35.40

Total Load Count: 128

260.00… -0.85

254.26… +0.58 / +0.23%

1 Year Change: +12.54%

52 Week Range: 215.33 to 261.88

December: 186.30… -0.27

February: 187.92… -0.08

April: 189.70… +0.28

November: 254.80… +0.55

January: 252.32… +0.32

March: 251.40… +0.15

February Lean Hogs: 84.47… +1.60

November Crude Oil: 68.95… -0.44

-

February Corn: 4.4000… +0.0225

February Wheat: 5.7225… +0.0450

Omaha Corn: 4.12… +0.03

Kansas City Wheat: 4.97… +0.04

DJIA: 43,408.47… +139.53

S & P 500: 5,917.22… +0.28

NASDAQ: 18,966.14… -21.33

U.S. Dollar Index: 106.70… +0.49