Texas Daily Ag Market News Summary

Fed Cattle: 

As of 3:00 PM Friday in the Texas Panhandle, negotiated cash trade has been at a standstill. In Kansas negotiated cash trade has been slow on light demand. The most recent market in the Southern Plains was Wednesday with live FOB purchases at 182.00. In Nebraska and the Western Cornbelt negotiated cash trade has been slow on light demand. The most recent market was Thursday with live FOB from 184.00-185.00, with a few purchases up to 187.00, with dressed delivered purchases traded from 294.00-295.00 The most recent market in the Western Cornbelt was Thursday with live FOB purchases traded from 184.00-186.00, with a few purchases up to 187.00, with dressed delivered purchases at 294.00, on a light test.

Negotiated Sales:

Confirmed:        5,527

Week Ago:       43,338

Year Ago:           2,749

Formula Net - Dressed Steers & Heifers:

Head count priced today:   40,300

Weighted avg. weight:         864.00

Weighted avg. net price:     293.43

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Cattle Slaughter under Federal Inspection

Friday                  111,000

Week Ago           113,000

Year Ago             106,140

Week to Date     601,000

Last Week           600,000

Last Year             604,198

Thursday

Steers & Heifers:   100,000

Cows & Bulls:           25,000

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Boxed Beef:

Cutout Values:

Choice: 297.14… +0.22

Select:  288.72… -0.94

Choice/Select Spread: 8.42

Total Load Count: 125

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Cutter Cow Cutout:

269.86… +1.21

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CME Feeder Cattle Index for April 25th:

245.53… +0.38 / +0.16%

1 Year Change: +21.97%

52 Week Range: 199.40 to 254.09

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Futures Settlements:

Live Cattle:

April: 184.67… +0.72

June: 178.57… +0.77

August: 176.77… +0.72

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Feeder Cattle:

May: 248.70… +2.45

August: 260.55… +2.25

September: 261.57… +2.15

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June Lean Hogs: 102.47… -2.53

June Crude Oil: 83.62… +0.05

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July Corn: 4.5000… -0.0200

July Wheat: 6.2225… +0.0175

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Grain Cash Bids:

Omaha Corn: 4.67… -0.02

Kansas City Wheat: 5.99… +0.08

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Financial Markets:

DJIA: 38,239.13… +152.88

S & P 500: 5,099.83… +51.41

NASDAQ: 15,927.90… +316.14

U.S. Dollar Index: 106.02… +0.42