Texas Daily Ag Market News Summary

Posted 3 years 30 days ago by Administrator Account

Daily Market Summary for March 26^th

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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 25^th:

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

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