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Mar
26
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Texas Daily Ag Market News Summary

Posted 212 days ago ago by Administrator Account

Daily Market Summary for March 26th

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



Slaughter Cattle:

For the week, trade in the North at $115 to mostly $116 and $184 to $185 on a dressed basis, $1 to $2 higher than last week. Trade in the South was at mostly $115, with late trade at $116, also $1 to $2 higher

        

Cattle Slaughter under Federal Inspection:

Friday (est)                           115,000

Week ago (est)                    106,000

Year ago (act)                      119,000

Week to Date                      590,000

Same Period Last Week    559,000

Same Period Last Year      611,000

Previous Day (est)

Steers & Heifers:  95,000

Cows & Bulls:        26,000

                                                                                                              

Boxed Beef:

Cutout Values:

Choice: 237.66… +1.21

Select:  227.77… +1.52

Choice/Select Spread: 9.89

Total Load Count: 84

            

Cutter Cow Cutout:

187.89… -1.16

   

CME Feeder Cattle Index for March 25th:

136.75… +1.29

            

Futures Settlements…

Live Cattle:

April: 120.10… +0.55

June: 121.77… +0.70

August: 120.87… +0.50

   

Feeder Cattle:

April: 145.12… +0.90

May: 149.87… +0.75

August: 158.45… +0.33

     

April Hogs: 100.80… +1.13

May Crude Oil: 60.97… +2.41

   

May Corn: 5.5250… +0.0600

May Wheat: 6.1325… +0.0075

   

Grain Cash Bids:

Kansas City Corn: 5.50… +0.06

Kansas City Wheat: 5.38… +0.01

   

Financial Markets:

DJIA: 33,072.06… +452.58

S & P 500: 3,974.48… +64.90

NASDAQ: 13,138.73… +161.05

U.S. Dollar Index: 92.72… +0.19