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

weekly-market-recap2

Jul
25
2022

Texas Daily Ag Market News Summary

Posted 185 days ago ago by Administrator Account

Slaughter Cattle:
As of 3:00 PM Monday, negotiated cash trading has been at standstill in the Southern Plains and Nebraska. In the Western Cornbelt negotiated cash trading has been mostly inactive on very light demand. Not enough purchases for a market trend. Last week in the Southern Plains live purchases traded at 136.00. For the prior week live and dressed purchases traded from 139.00-143.50 and at 227.00, respectively. For the previous week in the Western Cornbelt live and dressed purchases traded from 141.00-145.00 and from 227.00-232.00.
Negotiated Sales:
Confirmed:                 184
Week Ago:                  236
Year Ago:                    487
Formula Net - Dressed Steers & Heifers:
Head count priced today:   33,700
Weighted avg. weight:         881.00
Weighted avg. net price:     221.95
-
Cattle Slaughter under Federal Inspection
Monday (est)                       119,000
Week ago (est)                     120,000
Year ago (act)                       112,000
Friday:
Steers & Heifers:  95,000
Cows & Bulls:        28,000
-Boxed Beef:
Cutout Values:
Choice: 268.11… +0.99
Select:  245.00… +2.50
Choice/Select Spread: 23.11
Total Load Count: 90
-
Cutter Cow Cutout:
214.29… -2.29
-
CME Feeder Cattle Index for July 22nd:
169.02… -1.99 / -1.16%
1 Year Change: +9.86%
52 Week Range: 152.31 to 174.05
-
Futures Settlements…
Live Cattle:
August: 137.75… +0.38
October: 143.35… +0.35
December: 148.62… +0.45
-
Feeder Cattle:
August: 179.30… -2.25
September: 182.67… -1.80
October: 185.25… -1.75
-
September Hogs: 94.12… -2.20
September Crude Oil: 96.70… +2.00
-
September Corn: 5.8000… +0.1575
September Wheat: 7.7000… +0.1100
-
Grain Cash Bids:
Omaha Corn: 7.14… +0.10Kansas City Wheat: 7.95… +0.22
-
Financial Markets:
DJIA: 31,995.49… +96.20
S & P 500: 3,966.66… +5.03
NASDAQ: 11,776.61… -57.50
U.S. Dollar Index: 106.46… -0.27