Texas Daily Ag Market News Summary

Posted 4 years 151 days ago by Administrator Account

Daily Market Summary for June 30^th

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Slaughter Cattle:

The five-area daily averages for negotiated slaughter cattle, steers averaged $96.01, heifers $95.03, dressed steers $152.86, and dressed heifers $152.76.

Cattle Slaughter under Federal Inspection:

Tuesday (est) 121,000

Week ago (est) 120,000

Year ago (act) 123,000

Week to Date 242,000

Same Period Last Week 239,000

Same Period Last year 242,000

Previous Day (est)

Steers & Heifers: 96,000

Cows & Bulls: 25,000

Boxed Beef:

Cutout Values:

Choice: 206.97… -1.39

Select: 199.90… -0.81

Choice/Select Spread: 7.07

Total Load Count: 174

Cutter Cow Cutout:

201.21… -0.15

CME Feeder Cattle Index for June 29^th:

129.42… -0.26

Futures…

Live Cattle:

August: 96.27… -0.20

October: 99.72… -0.33

December: 103.65… -0.12

Feeder Cattle:

August: 132.85… -0.65

September: 133.37… -0.90

October: 134.10… -1.02

August Hogs: 49.02… +0.57

August Crude Oil: 39.27… -0.43

September Corn: 3.4150… +0.1275

August Soybeans: 8.7875… +0.1725

September Wheat: 4.9175… +0.0525

Grain Cash Bids:

Kansas City Corn: 3.46… +0.12

Kansas City Soybeans: 8.66… +0.18

Kansas City Wheat: 4.95… +0.04

Financial Markets:

DJIA: 25,811.65… +216.60

S & P 500: 3,100.06… +46.75

NASDAQ: 10,058.77… +184.62

U.S. Dollar Index: 97.36… -0.17