Agriculture Market Summary
Skip to content
Search
(800)-Tell-TDA
835-5832

weekly-market-recap2

Jul
27
2020

Daily AG Market Summary for 27 July 2020

Posted 3 years 245 days ago by Administrator Account

Daily Market Summary for July 27th

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


  
Slaughter Cattle:
As of 3:00 PM Monday, negotiated cash trading has been at a standstill in the Southern and Northern Plains. In the Western Cornbelt negotiated cash trading has been inactive on very light demand. Not enough purchases for a market trend. Last week in the Southern Plains live purchases moved at 96.00. For the prior week in the Northern Plains live purchases moved at 96.00 and dressed purchases, in Nebraska, moved at 158.00. For the previous week in the Western Cornbelt live purchases moved from 99.00 to 100.00 and dressed purchases moved at 158.00.
    
Negotiated Sales:
Confirmed:               677
Week Ago:                427
Year Ago:                 273
       
Formula Net
Dressed Steers & Heifers:
Head count priced today:  36,600
Weighted avg. weight:       884 lbs.
Weighted avg. net price:    152.87
         
Cattle Slaughter under Federal Inspection:
Monday (est)                     117,000
Week ago (est)                  117,000
Year ago (act)                    120,000
Previous Day (est)
Steers & Heifers:  90,000
Cows & Bulls:        23,000
                                                                                                               
Boxed Beef:
Cutout Values:
Choice: 202.55… +0.78
Select:  190.13… -0.50
Choice/Select Spread: 12.42
Total Load Count: 94
         
Cutter Cow Cutout:
190.87… +2.80
    
CME Feeder Cattle Index for July 24th
139.99… +0.56
             
Futures…
Live Cattle:
August: 100.42… -0.90
October: 103.82… -1.28
December: 108.07… -1.25
    
Feeder Cattle:
August: 139.35… -2.70
September: 139.62… -3.13
October: 140.67… -2.13
      
August Hogs: 54.55… +0.55
September Crude Oil: 41.60… +0.31
    
September Corn: 3.2500… -0.0125
August Soybeans: 9.0650… +0.0175
September Wheat: 5.2775… -0.1175
    
Grain Cash Bids
Kansas City Corn: 3.27… -0.01
Kansas City Soybeans: 8.78… Unchanged
Kansas City Wheat: 5.35… -0.12
    
Financial Markets:
DJIA: 26,586.15… +116.26
S & P 500: 3,239.50… +23.85
NASDAQ: 10,536.27… +173.09
U.S. Dollar Index: 93.72… -0.72
   





Text/HTML