Texas Daily Ag Market News Summary

 

Fed Cattle: 

No USDA report today due to the Jimmy Carter National Day of Mourning.

Bids of $203 live and $320 dressed have been reported.

Negotiated Sales:

Confirmed:   

Week Ago:

Year Ago:    

Formula Net - Dressed Steers & Heifers:

Head count priced today:  

Weighted avg. weight:             

Weighted avg. net price:    

-

Cattle Slaughter under Federal Inspection:

Thursday                 122,000

Week Ago                125,000

Year Ago                   118,830

Week to Date          479,000

Last Week WTD      350,000

Last Year WTD        423,371

Wednesday

Steers & Heifers:       99,000

Cows & Bulls:             23,000

-

Boxed Beef: 

Cutout Values: 

Choice: 330.78... +2.17

Select:  308.35... +1.46

Choice/Select Spread: 22.43

Total Load Count: 116

-

Cutter Cow Cutout: 

266.90... -2.22

-

CME Feeder Cattle Index for January 8th:

275.00… +2.14

52 Week High: 275.00

-

Futures Settlements:

Live Cattle:  

February: 198.00… +4.30

April: 198.70… +3.18

June: 193.00… +2.53

-

Feeder Cattle:

January: 269.62… +4.05

March: 268.72… +3.75

April: 269.62… +3.47

-

February Lean Hogs: 82.15… +2.68

February Crude Oil: 74.23… +0.91

-

February Corn: 4.5675… +0.0275

February Wheat: 5.3225… -0.0400

-

Grain Cash Bids:

Omaha Corn: 4.57… +0.03

Kansas City Wheat: 5.10… -0.03

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Financial Markets: Wednesday’s Closes

NO Trade today due to the Jimmy Carter National Day of Mourning

DJIA: 42,635.20

S & P 500: 5,918.22

NASDAQ: 19,478.88

U.S. Dollar Index: 109.15… +0.06