Texas Daily Ag Market News Summary

Fed Cattle:

As of 3:00 PM Monday, negotiated cash trading has been at a 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. The latest established market was last week in all regions. In the Southern Plains live purchases traded at 175.00. In Nebraska live and dressed purchases traded from 182.00-184.00 and at 290.00, respectively. In the Western Cornbelt live and dressed purchases traded from 180.00-184.00 and at 290.00, respectively.

Negotiated Sales:

Confirmed:        867

Week Ago:         148

Year Ago:           224

Formula Net - Dressed Steers & Heifers:

Head count priced today:   31,700

Weighted avg. weight:        851.00

Weighted avg. net price:     273.41

-

Cattle Slaughter under Federal Inspection

Monday              125,000

Week Ago           113,000

Year Ago             112,000

Friday

Steers & Heifers:  86,000

Cows & Bulls:       26,000

-

Boxed Beef:

Cutout Values:

Choice: 305.98… +3.36

Select:  289.32… +5.45

Choice/Select Spread: 16.66

Total Load Count: 95

-

Cutter Cow Cutout:

216.71... -0.33

-

CME Feeder Cattle Index for April 14th:

205.64… +4.33 / +2.15%

1 Year Change: +33.00%

52 Week Range: 152.72 to 205.64

-

Futures Settlements…

Live Cattle:

April: 175.75… +1.00

June: 164.87… +1.15

August: 163.77… +1.07

-

Feeder Cattle:

April: 205.55… +2.15

May: 210.75… +2.85

August: 225.35… +1.40

-

May Lean Hogs: 81.00… +0.55

May Crude Oil: 80.83… -1.69

-

May Corn: 6.7650… +0.1025

May Wheat: 6.9650… +0.1400

-

Grain Cash Bids:

Omaha Corn: 7.02… +0.09

Kansas City Wheat: 8.37… +0.14

-

Financial Markets:

DJIA: 33,987.37… +102.06

S & P 500: 4,151.40… +13.89

NASDAQ: 12,157.72… +34.25

U.S. Dollar Index: 102.09… +0.53