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Dec
30
2015
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Posted 5 years 195 days ago ago by Texas Department of Agriculture
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Feeder cattle auctions were
closed for holidays; Futures higher.
Fed cattle cash trade active;
Futures higher; Beef prices higher.
Cotton futures higher.
Grains and soybeans lower.
Crude oil lower; Natural
gas lower.
Stock markets lower.
Texas feeder cattle auctions
were closed for the holidays. Feeder
cattle futures were $7.48 higher, closing at $169.95 per
hundredweight (cwt). The Texas fed
cattle cash trade was active today, closing at $134.12 per cwt.
Whole sale boxed beef
values were higher with choice grade gaining $2.50 to close at $208.67 per cwt;
select grade gained $3.85 to close at $201.51 per cwt. Fed cattle futures
were $2.80 higher, closing at $133.00 per cwt. Estimated cattle harvest
for the week totaled 309,000 head, down 31,000 from last week and 12,000 from last
years total. Year-to-date harvest is down 3.7%.
Cotton cash prices were steady remaining at 61.87 cents per pound;
March futures prices gained 0.10 cents to close at 63.97 cents per pound.
Corn prices
were lower with cash and futures prices both losing $0.04 to close at $3.62 per
bushel and $3.59 per bushel, respectively.
Wheat prices were lower with cash prices losing $0.05 to close at
$3.75 per bushel; March wheat futures lost $0.07 to close at $4.66 per bushel.
Stock markets
were lower today, as losses in oil prices reverberated throughout the major
markets. Crude oil
prices were lower, losing $1.27 to close at $36.60 per barrel.
DailyMarket Summary Data 12/30/15
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