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

weekly-market-recap2

Apr
09
2024

Texas Daily Ag Market News Summary

Posted 103 days ago by Administrator Account

Daily Market Summary for April 9th

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 Tuesday in all trading regions, negotiated cash has been at a standstill. Last week in the Texas Panhandle live FOB purchases traded at 184.00. Last week in Kansas live FOB purchases traded from 183.00-184.00. Last week in the Nebraska live FOB purchases at 187.00 and dressed delivered purchases from 296.00-297.00. Last week in the Western Cornbelt live FOB purchases at 187.00 and dressed delivered purchases at 297.00.

Negotiated Sales:

Confirmed:             43

Week Ago:            504

Year Ago:                45

Formula Net - Dressed Steers & Heifers:

Head count priced today:   37,500

Weighted avg. weight:         880.00

Weighted avg. net price:     301.05

-

Cattle Slaughter under Federal Inspection

Tuesday             125,000

Week Ago           120,000

Year Ago             124,013

Week to Date     246,000

Last Week           229,000

Last Year             235,821

Monday

Steers & Heifers:  98,000

Cows & Bulls:        23,000

-

Boxed Beef:

Cutout Values:

Choice: 302.09… +0.02

Select:  299.90… -0.37

Choice/Select Spread: 2.19

Total Load Count: 146

-

Cutter Cow Cutout:

267.61… -0.20

-

CME Feeder Cattle Index for April 8th:

245.83… -2.29 / -1.12%

1 Year Change: +27.16%

52 Week Range: 193.01 to 254.09

-

Futures Settlements:

Live Cattle:

April: 180.70… +1.30

June: 174.85… +1.53

August: 172.55… +1.65

-

Feeder Cattle:

March: 240.70… +1.40

April: 239.45… +2.28

May: 250.10… +1.85

-

May Lean Hogs: 98.77… +0.90

April Crude Oil: 85.27… -1.16

-

May Corn: 4.3125… -0.0425

May Wheat: 5.5775… -0.0800

-

Grain Cash Bids:

Omaha Corn: 4.50… +0.05

Kansas City Wheat: 5.22… -0.08

-

Financial Markets:

DJIA: 38,883.94… -9.26

S & P 500: 5,209.94… +7.45

NASDAQ: 16,306.64… +52.68

U.S. Dollar Index: 104.12… -0.02






Text/HTML