Texas Daily Ag Market News Summary

USDA reported at 3:00 PM on Thursday that negotiated cash trading has been at a standstill in the Southern Plains. Last week live FOB purchases traded at 185.00. In Nebraska and the Western Cornbelt, negotiated cash trading has been slow on light demand. In Nebraska, not enough live FOB purchases for a market trend. Last week live FOB purchases traded at 185.00. A few dressed delivered purchases traded steady at 290.00, when compared to the last reported market on Wednesday. In the Western Cornbelt, not enough purchases for a market trend. Last week live FOB purchases traded at 185.00 and dressed delivered purchases traded from 290.00-300.00.

Confirmed:   2,740

Week Ago:  25,514

Year Ago:    24,958

Head count priced today:  35,200

Weighted avg. weight:             916

Weighted avg. net price:    298.13

Thursday                125,000

Week Ago              125,000

Year Ago                     2,583

Week to Date        496,000

Last Week WTD    483,000

Last Year WTD      384,068

Steers & Heifers:   103,000

Cows & Bulls:           24,000

Choice: 306.79… +0.40

Select:  272.92… +1.93

Choice/Select Spread: 33.87

Total Load Count: 129

261.01… +1.01

254.27… +0.01 / +0.00%

1 Year Change: +12.13%

52 Week Range: 215.33 to 261.88

December: 185.60… -0.70

February: 187.42… -0.50

April: 189.52… -0.18

November: 255.12… +0.32

January: 253.45… +1.13

March: 252.10… +0.70

February Lean Hogs: 84.65… +0.18

November Crude Oil: 70.21… +1.46

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February Corn: 4.3625… -0.0375

February Wheat: 5.6950… -0.0275

Omaha Corn: 4.09… -0.03

Kansas City Wheat: 4.91… -0.06

DJIA: 43,870.23… +461.76

S & P 500: 5,948.70… +31.48

NASDAQ: 18,972.42… +6.28

U.S. Dollar Index: 106.99… +0.31