Texas Daily Ag Market News Summary

USDA reported on Wednesday afternoon that in the Texas Panhandle, negotiated cash trade has been limited on moderate demand. A few early purchases traded at 202.00, however, not enough for a full market trend. Last week live FOB purchases traded at 201.00. In all other trading regions, negotiated cash trade has been mostly inactive on moderate demand. Not enough purchases in these regions for a full market trend. The last established market in Kansas was Tuesday with live FOB purchases trading at 201.00. The most recent reported market in Nebraska and the Western Cornbelt was last week. In Nebraska, live FOB and dressed delivered purchases traded from 203.00-205.00 and at 322.00, respectively. In the Western Cornbelt, live FOB and dressed purchases traded from 203.00-206.00 and from 320.00-322.00, respectively.

Confirmed:     1,291

Week Ago:      7,753

Year Ago:        1,036

Head count priced today:  27,800

Weighted avg. weight:            905

Weighted avg. net price:    321.40

Tuesday                   124,000

Week Ago                124,000

Year Ago                  124,971

Week to Date          363,000

Last Week WTD      366,000

Last Year WTD        361,567

Steers & Heifers:    100,000

Cows & Bulls:           24,000

Choice: 332.02… -0.03

Select:  317.99… -1.56

Choice/Select Spread: 14.03

Total Load Count: 139

280.99… +3.36

278.18… +0.16

52 Week High: 278.55 on 1/9/25

February: 200.05… +3.00

April: 199.77… +2.45

June: 194.90… +2.25

January: 277.05… +2.65

March: 273.07… +5.82

April: 271.30… +4.83

February Lean Hogs: 81.47… +0.27

February Crude Oil: 75.43… -0.40

-

February Corn: 4.8425… -0.0575

February Wheat: 5.5400… -0.0475

DJIA: 44,156.49… +130.19

S & P 500: 6,086.31… +37.01

NASDAQ: 20,009.34… +252.56

U.S. Dollar Index: 108.24… +0.18