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Oct
14
2015
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Posted 5 years 272 days ago ago by Texas Department of Agriculture
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Feeder cattle auction quoted prices
$4 to $10 higher; futures higher.
Fed cattle cash trade inactive;
formula trades lower; futures higher; beef prices higher.
Cotton lower.
Grains and soybeans lower.
Crude oil lower; natural gas higher.
Stock markets lower.
Texas feeder cattle
auctions quoted prices $4 to $10 higher. Feeder
cattle futures were $1.10 higher, closing at $189.70 per hundredweight
(cwt). The Texas fed cattle cash
trade was inactive yesterday. Wholesale
boxed beef values were higher, with Choice grade gaining $2.15 and Select
grade gaining $2.28 settling at $210.61 and $205.62 per cwt, respectively. Estimated cattle harvest for the week
totaled 336,000 head, up 5,000 from last week’s total and 1,000 from a year
ago. Fed cattle futures were $1.33 higher,
closing at $133.75 per cwt.
Cotton prices were lower
with cash prices dropping 0.37 cents to settle at 61.63 cents per pound and
futures prices dropping 0.10 cents settling 63.76 cents per pound.
Corn and grain sorghum
prices were lower, with corn cash and futures prices losing $0.06 settling at $3.89
and $3.79 per bushel, respectively. Grain sorghum prices dropped $0.09 to
settle at $5.97 per cwt.
Wheat prices were lower
with cash and futures prices both losing $0.12, settling at $4.20 and $5.01 per
bushel, respectively.
Stock markets
closed lower yesterday, after a gloomy earnings report from Wal-Mart weighed
down consumer focused companies. Crude
oil prices closed $0.02 lower yesterday, settling at $46.64 per barrel.
Daily
Market News Summary Data 10/14/15
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