Texas Daily Ag Market News Summary

Fed Cattle:  As of 3:00 PM, report unavailable.

Negotiated Sales:

Confirmed:         201

Week Ago:          493

Year Ago:         4,951

Formula Net - Dressed Steers & Heifers:

Head count priced today:   32,300

Weighted avg. weight:         847.00

Weighted avg. net price:     293.41

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Cattle Slaughter under Federal Inspection

Wednesday      122,000

Week Ago          127,000

Year Ago            125,000

Week to Date    369,000

Last Week          377,000

Last Year            372,000 

Tuesday

Steers & Heifers:  100,000

Cows & Bulls:          27,000

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Boxed Beef:

Cutout Values:

Choice: 303.59… -1.09

Select:  275.96… -0.65

Choice/Select Spread: 27.63

Total Load Count: 123

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Cutter Cow Cutout:

233.72… -0.16

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CME Feeder Cattle Index for July 18th:

238.48… +0.03 / +0.01%

1 Year Change: +38.25%

52 Week Range: 169.02 to 239.69

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Futures Settlements…

Live Cattle:

August: 181.32… +0.05

October: 183.72… -0.17

December: 187.02… +0.02

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Feeder Cattle:

August: 246.80… -1.20

September: 249.32… -0.68

October: 250.55… -0.52

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August Lean Hogs: 97.92… +1.65

August Crude Oil: 75.35… -0.40

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September Corn: 5.4550… +0.1675

September Wheat: 7.2772… +0.5700

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Grain Cash Bids:

Omaha Corn: 6.16… +0.17

Kansas City Wheat: 8.17… +0.40

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Financial Markets:

DJIA: 34,064.04… +108.15

S & P 500: 4,566.85… +11.63

NASDAQ: 14,358.44… +5.43

U.S. Dollar Index: 100.31… +0.37