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

weekly-market-recap2

Jul
27
2022

Texas Daily Ag Market Summary

Posted 183 days ago ago by Administrator Account

Slaughter Cattle:
As of 3:00 PM Wednesday in Nebraska, negotiated cash trading has been moderate with moderate demand. Compared to last week live purchases traded 1.00-5.50 lower at 138.00 and dressed purchases traded 2.00 lower at 225.00. In the Western Cornbelt negotiated cash trading has been limited on light demand. For the previous week live and dressed purchases traded from 141.00- 145.00 and from 227.00-232.00, respectively. In the Southern Plains negotiated cash trading has been mostly inactive on very light demand. Not enough purchases for a market trend. Tuesday was the last reported market with live purchases at 135.00.
Negotiated Sales:
Confirmed:              23,482
Week Ago:               22,666
Year Ago:                  5,188
Formula Net - Dressed Steers & Heifers:
Head count priced today:  25,700  
Weighted avg. weight:      853.00
Weighted avg. net price:   225.71
-
Cattle Slaughter under Federal Inspection
Wednesday (est)                 125,000
Week ago (est)                     124,000
Year ago (act)                       120,000
Week to Date                       374,000
Same Period Last Week     374,000
Same Period Last Year       357,000
Tuesday:
Steers & Heifers:  98,000
Cows & Bulls:        27,000
-
Boxed Beef:
Cutout Values:
Choice: 267.99… -1.12
Select:  241.81… -2.07
Choice/Select Spread: 26.18
Total Load Count: 146
-
Cutter Cow Cutout:
212.32… -3.27
-
CME Feeder Cattle Index for July 25th:
169.91… +0.89 / +0.53%
1 Year Change: +10.35%
52 Week Range: 152.31 to 174.05
-
Futures Settlements…
Live Cattle:
August: 136.80… -0.07
October: 142.32… -0.05
December: 148.17… +0.12
-
Feeder Cattle:
August: 179.10… +1.68
September: 181.85… +1.43
October: 184.47… +1.25
-
September Hogs: 96.45… +2.80
September Crude Oil: 97.26… +2.28
-
September Corn: 6.0025… +0.0325
September Wheat: 7.9025… -0.1350
-
Grain Cash Bids:
Omaha Corn: 7.41… +0.10
Kansas City Wheat: 8.17… -0.15
-
Financial Markets:
DJIA: 32,194.03… +432.29
S & P 500: 4,025.44… +104.39
NASDAQ: 12,025.52… +462.95
U.S. Dollar Index: 106.39… -0.79