Texas Daily Ag Market News Summary

Daily Market Summary for December 8th

The Daily Market News Report is brought to you by The Cattle Range.

Please visit their website for more information!

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As of 3:00 PM Friday in the Texas Panhandle, Nebraska and the Western Cornbelt, negotiated cash trade has been limited on light demand. In Kansas negotiated cash trade has been at a standstill. The most recent live FOB purchases in the Southern Plains were Wednesday at 171.00. In Nebraska the most recent live FOB purchases were Wednesday from 170.00-171.00, mostly at 171.00, with dressed delivered purchases from 267.00-271.00. In the Western Cornbelt the most recent live FOB purchases were Wednesday from 169.00-171.00, with dressed purchases traded mostly at 270.00.

 

Negotiated Sales:                                                                                               

Confirmed:    2,485

Week Ago:     4,821

Year Ago:     16,026

 

Head count priced today:   26,400

Weighted avg. weight:         879.00

Weighted avg. net price:     280.70

 

Friday                 122,000

Week Ago           122,000

Year Ago             120,000

Week to Date     624,000

Last Week           616,000

Last Year             624,000 

Steers & Heifers: 98,000

Cows & Bulls:       28,000

 

Choice: 288.01… -1.83

Select:  257.90… -0.93

Choice/Select Spread: 30.11

Total Load Count: 167

 

216.02… +8.75

 

220.04… -2.27 / -1.02%

1 Year Change: +22.77%

52 Week Range: 175.73 to 254.09

 

December: 165.45… +3.10

February: 162.72… +3.20

April: 169.30… +3.35

 

Feeder Cattle:

January: 215.30… +5.03

March: 216.07… +4.90

April: 219.20… +4.78

 

February Lean Hogs: 68.97… +1.20

January Crude Oil: 71.23… +1.89

 

March Corn: 4.8550… -0.0250

March Wheat: 6.3175… -0.1050

 

Omaha Corn: 4.70… -0.03

Kansas City Wheat: 6.15… -0.01

 

DJIA: 36,243.65… +126.01

S & P 500: 4,604.21… +18.75

NASDAQ: 14,403.97… +63.98

U.S. Dollar Index: 103.98… +0.44