Texas Daily Ag Market News Summary

Fed Cattle: 

USDA reported on Monday afternoon that negotiated cash trade has been at a standstill in all regions. Last week in the Southern Plains, live FOB purchases traded from 202.00-203.00. Last week in Nebraska and the Western Cornbelt live FOB purchases traded at 206.00 and dressed delivered purchases traded at 325.00.

Negotiated Sales:

Confirmed:       198

Week Ago:          47

Year Ago:          267

Formula Net - Dressed Steers & Heifers:

Head count priced today:  31,500

Weighted avg. weight:      909

Weighted avg. net price:    316.04

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Cattle Slaughter under Federal Inspection:

Monday                 114,000

Week Ago        115,000

Year Ago                 117,837

Week to Date     114,000

Last Week WTD     115,000

Last Year WTD       117,837

Friday

Steers & Heifers:    78,000

Cows & Bulls:          21,000

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Boxed Beef:

Cutout Values:

Choice: 321.16… +2.89

Select: 307.90… +1.58

Choice/Select Spread: 13.26

Total Load Count: 104

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Cutter Cow Cutout:

297.38… +0.02

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CME Feeder Cattle Index for Friday, March 14th:

283.27… +0.55

52 Week High: 283.27 on 3/14/25

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Futures Settlements:

Live Cattle:  

April: 205.02… +1.85

June: 201.07… +1.75

August: 198.95… +2.15

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Feeder Cattle:

March: 284.62… +2.65

April: 284.20… +3.00

May: 285.30… +2.65

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April Lean Hogs: 88.07… +1.45

April Crude Oil: 67.50… +0.32

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May Corn: 4.6100… +0.0250

May Wheat: 5.6850… +0.1150

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Financial Markets:

DJIA: 41,841.70… +353.51

S & P 500: 5,675.14… +36.20

NASDAQ: 17,808.66… +54.57

U.S. Dollar Index: 103.40… +0.32