Texas Daily Ag Market News Summary

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

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Fed Cattle: 

As of 3:00 PM Monday in all trading regions, negotiated trade has been at a standstill. Last week in the Southern Plains live FOB purchases traded at 182.00. Last week in Nebraska live FOB purchases traded at 183.00, with a few purchases up to 184.00, with dressed delivered purchases traded from 292.00-293.00. Last week in the Western Cornbelt live FOB purchases at 184.00, with dressed delivered purchases at 292.00, on a light test.

Negotiated Sales:

Confirmed:             32

Week Ago:            135

Year Ago:              314

Formula Net - Dressed Steers & Heifers:

Head count priced today:   45,700

Weighted avg. weight:        870.00

Weighted avg. net price:     290.77

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Cattle Slaughter under Federal Inspection

Monday               113,000

Week Ago            121,000

Year Ago             125,147

Week to Date     113,000

Last Week           121,000

Last Year             125,147

Monday

Steers & Heifers:    91,000

Cows & Bulls:          22,000

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Boxed Beef:

Cutout Values:

Choice: 295.93… +0.26

Select:  291.87… +1.04

Choice/Select Spread: 4.06

Total Load Count: 104

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Cutter Cow Cutout:

269.57… -0.15

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CME Feeder Cattle Index for April 19th:

242.11… +0.38 / +0.16%

1 Year Change: +19.71%

52 Week Range: 199.40 to 254.09

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Futures Settlements:

Live Cattle:

April: 183.82… +2.35

June: 178.05… +2.38

August: 176.40… +2.85

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Feeder Cattle:

April: 242.90… +1.58

May: 245.17… +3.17

August: 258.47… +4.97

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May Lean Hogs: 96.70… +0.48

April Crude Oil: 83.02… -0.12

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May Corn: 4.3975… +0.0625

May Wheat: 5.7025… +0.2000

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Grain Cash Bids:

Omaha Corn: 4.46… +0.08

Kansas City Wheat: 5.53… +0.20

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Financial Markets:

DJIA: 38,240.44… +254.08

S & P 500: 5,010.65… +43.46

NASDAQ: 15,451.31… +169.30

U.S. Dollar Index: 106.13… -0.02