Texas Daily Ag Market News Summary

Fed Cattle: 

USDA reported on Monday afternoon that negotiated cash trade has been mostly inactive on very light demand in all trading regions. The last established market in all regions was last week. In the Southern Plains, live FOB purchases traded at 208.00. In Nebraska and the Western Cornbelt, live FOB and dressed delivered purchases traded at 210.00 and 330.00, respectively.

Negotiated Sales:

Confirmed:       356

Week Ago:      None

Year Ago:     912

Formula Net - Dressed Steers & Heifers:

Head count priced today: 32,200

Weighted avg. weight:      924

Weighted avg. net price:  326.57

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Cattle Slaughter under Federal Inspection:

Monday                  115,000

Week Ago               114,000

Year Ago         123,766

Week to Date         115,000

Last Week WTD     114,000

Last Year WTD       123,766

Friday

Steers & Heifers:     92,000

Cows & Bulls:      22,000

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Boxed Beef:

Cutout Values:

Choice: 331.99… +4.31

Select: 319.84… +2.77

Choice/Select Spread: 12.15

Total Load Count: 89

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Cutter Cow Cutout:

286.31… -1.44

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CME Feeder Cattle Index for January 30th:

281.68… +0.61

52 Week High: 281.68 on 1/30/25

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Futures Settlements:

Live Cattle:  

February: 202.97… -1.63

April: 200.15… -2.15

June: 194.47… -2.23

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Feeder Cattle:

March: 270.50… -5.22

April: 269.82… -5.30

May: 267.97… -5.15

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April Lean Hogs: 86.35… -4.00

March Crude Oil: 72.86… +0.33

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March Corn: 4.8875… +0.0675

March Wheat: 5.6675… +0.0725

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Financial Markets:

DJIA: 44,422.31… -122.17

S & P 500: 5,994.67… -45.79

NASDAQ: 19,391.96… -235.48

U.S. Dollar Index: 108.89… +0.49