Texas Daily Ag Market News Summary

Fed Cattle: 

USDA reported on Tuesday afternoon that negotiated cash trading has been at a standstill in all trading regions. Not enough purchases in any region for a market trend. Last week in the Southern Plains, live FOB purchases traded from 201.00-202.00. For the prior week in Nebraska and the Western Cornbelt, live FOB purchases traded from 310.00-312.00. Dressed delivered purchases traded from 328.00-330.00 in Nebraska and 330.00 in the Western Cornbelt.

Negotiated Sales:

Confirmed:         132

Week Ago:       2,305

Year Ago:     None

Formula Net - Dressed Steers & Heifers:

Head count priced today: 29,700

Weighted avg. weight:      927

Weighted avg. net price:  324.93

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Cattle Slaughter under Federal Inspection:

Tuesday                 124,000

Week Ago               124,000

Year Ago         127,901

Week to Date         238,000

Last Week WTD     239,000

Last Year WTD       249,897

Monday

Steers & Heifers:     94,000

Cows & Bulls:           20,000

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Boxed Beef:

Cutout Values:

Choice: 332.45… +2.37

Select: 321.96… +1.41

Choice/Select Spread: 10.49

Total Load Count: 126

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Cutter Cow Cutout:

283.16… +0.02

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CME Feeder Cattle Index for January 27th:

279.06… +1.13

52 Week High: 279.06 on 1/27/25

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Futures Settlements:

Live Cattle:  

February: 208.55… +2.88

April: 207.27… +3.45

June: 201.35… +3.15

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Feeder Cattle:

January: 281.82… +2.10

March: 278.25… +3.00

April: 277.80… +3.38

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April Lean Hogs: 90.90… +1.03

March Crude Oil: 73.93… +0.76

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March Corn: 4.8525… +0.0325

March Wheat: 5.4525… +0.0975

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Financial Markets:

DJIA: 44,850.16… +136.58

S & P 500: 6,067.72… +55.39

NASDAQ: 19,733.59… +391.76

U.S. Dollar Index: 107.89… +0.52