Texas Daily Ag Market News Summary

Negotiated Sales:

Confirmed:        782

Week Ago:         229

Year Ago:         None

Formula Net - Dressed Steers & Heifers:

Head count priced today:  31,200

Weighted avg. weight:           919

Weighted avg. net price:   305.87

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Cattle Slaughter under Federal Inspection

Monday                 123,000

Week Ago              120,000

Year Ago               123,720

Week to Date        241,000

Last Week WTD     239,000

Last Year WTD       247,465

Friday

Steers & Heifers:    95,000

Cows & Bulls:          23,000

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Boxed Beef:

Cutout Values:

Choice: 315.63… -1.74

Select:  288.50… -1.07

Choice/Select Spread: 27.13

Total Load Count: 112

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Cutter Cow Cutout:

254.53... -1.31

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CME Feeder Cattle Index for December 16th:

262.54… +0.81 / +0.31%

1 Year Change: +20.35%

52 Week Range: 215.98 to 263.07

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Futures Settlements:

Live Cattle:  

December: 192.25… +0.23

February: 189.75… -0.22

April: 191.57… -0.18

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Feeder Cattle:

January: 257.47… +1.92

March: 258.27… +1.90

April: 259.37… +1.95

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February Lean Hogs: 83.20… -0.35

January Crude Oil: 70.22... -0.49

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February Corn: 4.4350… -0.0150

February Wheat: 5.4500… -0.0500

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Grain Cash Bids:

Omaha Corn: 4.39… -0.01

Kansas City Wheat: 4.78… -0.06

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Financial Markets:

DJIA: 43,450.24… -267.61

S & P 500: 6,050.62… -23.50

NASDAQ: 20,109.06… -64.83

U.S. Dollar Index: 106.98... +0.12