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

weekly-market-recap2

Apr
04
2024

Texas Daily Ag Market News Summary

Posted 107 days ago by Administrator Account

Daily Market Summary for April 4th

The Daily Market News Report is brought to you by The Cattle Range. Please visit their website for more information!


Fed Cattle: 

As of 3:00 PM Thursday in the Texas Panhandle, negotiated cash has been at a standstill. Last week live FOB purchases traded at 186.00. In Kansas negotiated cash trade has been mostly inactive on light demand. Last week live FOB purchases traded from 185.00-186.00. In Nebraska negotiated cash trade has been slow on light demand. Compared to last week live FOB purchases traded 1.00-3.00 lower at 187.00. The most recent dressed delivered purchases in Nebraska were Wednesday from 296.00-297.00. In the Western Cornbelt negotiated cash trade was slow on light demand. The most recent live FOB purchases were Wednesday at 187.00. Compared to last week dressed delivered purchases traded 2.00-3.00 lower at 297.00.

Negotiated Sales:

Confirmed:           10,033

Week Ago:            13,602

Year Ago:               14,972

Formula Net - Dressed Steers & Heifers:

Head count priced today:   23,900

Weighted avg. weight:         867.00

Weighted avg. net price:     296.77

-

Cattle Slaughter under Federal Inspection

Thursday            122,000

Week Ago           166,000

Year Ago             122,756

Week to Date     474,000

Last Week           483,000

Last Year             491,651

Wednesday

Steers & Heifers:  98,000

Cows & Bulls:        25,000

-

Boxed Beef:

Cutout Values:

Choice: 297.15… -4.15

Select:  296.05… -0.87

Choice/Select Spread: 1.10

Total Load Count: 162

-

Cutter Cow Cutout:

265.29… +0.06

-

CME Feeder Cattle Index for April 3rd:

249.90… +2.17 / +0.88%

1 Year Change: +29.47%

52 Week Range: 193.01 to 254.09

-

Futures Settlements:

Live Cattle:

April: 181.47… +0.55

June: 175.85… +0.25

August: 173.32… +0.62

-

Feeder Cattle:

March: 242.70… +1.75

April: 243.87… +1.30

May: 254.47… +2.02

-

May Lean Hogs: 95.07… +0.07

April Crude Oil: 86.59… +1.16

-

May Corn: 4.3525… +0.0350

May Wheat: 5.5625… +0.0025

-

Grain Cash Bids:

Omaha Corn: 4.38… +0.03

Kansas City Wheat: 5.23… +0.01

-

Financial Markets:

DJIA: 38,597.30… -529.91

S & P 500: 5,147.27… -64.35

NASDAQ: 16,049.08… -228.38

U.S. Dollar Index: 104.24… -0.03






Text/HTML