Skip to content
Search
(800)-Tell-TDA
835-5832

weekly-market-recap2

Jun
06
2022

Texas Daily Ag Market News Summary

Posted 242 days ago ago by Administrator Account

Daily Market Summary for June 6th

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



Slaughter Cattle:

As of 3:00 PM Monday, negotiated cash trading has been at a standstill in all feeding regions. Last week in the Southern Plains live purchases traded at 135.00. For the prior week in Nebraska live and dressed purchases traded from 139.00-140.00 and at 222.00, respectively. For the previous week live and dressed purchases traded from 140.00-141.00 and at 222.00, respectively.

Negotiated Sales:

Confirmed:       None

Week Ago:        None

Year Ago:             214

Formula Net - Dressed Steers & Heifers:

Head count priced today:   46,200

Weighted avg. weight:        856.00

Weighted avg. net price:     220.06

 

Cattle Slaughter under Federal Inspection

Monday (est)                        125,000

Week ago (est)                          3,000

Year ago (act)                        117,000

Friday

Steers & Heifers:  98,000

Cows & Bulls:        28,000

 

Boxed Beef:

Cutout Values:

Choice: 269.58… +2.32

Select:  251.09… +1.07

Choice/Select Spread: 18.49

Total Load Count: 70

 

Cutter Cow Cutout:

220.14… -0.34

 

CME Feeder Cattle Index for June 3rd:

158.53… +4.24 / +2.75%

1 Year Change: +12.38%

52 Week Range: 139.61 to 165.35

 

Futures Settlements…

Live Cattle:

June: 132.82… -0.78

August: 132.90… -0.95

October: 139.10… -0.60

 

Feeder Cattle:

August: 171.97… -1.90

September: 174.55… -1.75

October: 176.82… -1.45

 

July Hogs: 108.97… -1.78

July Crude Oil: 118.50… -0.37

 

July Corn: 7.4250… +0.1550

July Wheat: 10.9300… +0.5300

 

Grain Cash Bids:

Omaha Corn: 7.59… +0.12

Kansas City Wheat: 11.40… +0.47

 

Financial Markets:

DJIA: 32,914.20… +15.29

S & P 500: 4,121.26… +12.82

NASDAQ: 12,052.57… +40.86

U.S. Dollar Index: 102.40… +0.26