Jun 16 2020

Texas Daily AG Market Summary Posted 4 years 165 days ago by Administrator Account

Daily Market Summary for June 16th

The Daily Market News Report brought to you by The Cattle Range.  Please visit their website for more information!

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Slaughter Cattle:

Report Unavailable

    

Negotiated Sales:

Confirmed:                 NA

Week Ago:                  NA

Year Ago:                    NA

       

Formula Net

Dressed Steers & Heifers:

Head count priced today:  NA

Weighted avg. weight:       NA

Weighted avg. net price:    NA

         

Cattle Slaughter under Federal Inspection:

Tuesday (est)                     119,000

Week ago (est)                  117,000

Year ago (act)                    122,000

Week to Date                    238,000

Same Period Last Week   234,000

Same Period Last year     242,000

Previous Day (est)

Steers & Heifers:  94,000

Cows & Bulls:        25,000

                                                                                                               

Boxed Beef:

Cutout Values:

Choice: 227.89… -0.72

Select:  213.17… -1.18

Choice/Select Spread: 14.72

Total Load Count: 187

         

Cutter Cow Cutout:

207.56… -9.53

    

CME Feeder Cattle Index for June 15th: 

128.78… +0.27

           

Futures…

Live Cattle:

June: 96.32… +0.25

August: 96.77… +0.77

October: 99.75… 1.10

    

Feeder Cattle:

August: 132.87… +1.70

September: 134.45… +1.88

October: 135.47… +1.92

      

July Hogs: 49.65… -2.62

July Crude Oil: 38.38… +1.26

    

July Corn: 3.2900… -0.0025

July Soybeans: 8.6700… -0.0200

July Wheat: 4.9600… -0.0875

    

Grain Cash Bids: 

Kansas City Corn: 3.36… Unchanged

Kansas City Soybeans: 8.55… -0.02

Kansas City Wheat: 4.86… -0.09

    

Financial Markets:

DJIA: 26,289.98… +526.82

S & P 500: 3,124.74… +58.15

NASDAQ: 9,895.87… +169.85

U.S. Dollar Index: 97.04… +0.34