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

weekly-market-recap2

Oct
25
2021

Texas Daily Ag Market News Summary

Posted 2 years 155 days ago by Administrator Account

Daily Market Summary for October 25th

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 in the Southern Plains and Nebraska, negotiated cash trading was at a standstill. In the Western Cornbelt negotiated cash trading was mostly inactive with very light demand. Not enough purchases for a market trend. Last week in the Southern Plains live purchases traded at 124.00. For the prior week in Nebraska and Western Cornbelt live and dressed purchases traded from 124.00-125.00 and at 196.00, respectively.

 

Negotiated Sales:

Confirmed:          274    

Week Ago:           227

Year Ago:        14,911

 

Formula Net

Dressed Steers & Heifers:

Head count priced today:   42,800

Weighted avg. weight:        879.00

Weighted avg. net price:    199.14

 

Cattle Slaughter under Federal Inspection:

Monday (est)                        122,000

Week ago (est)                     120,000

Year ago (act)                       116,000

Friday

Steers & Heifers:  86,000

Cows & Bulls:       26,000

 

Boxed Beef:

Cutout Values:

Choice: 283.04… +1.22

Select:  263.19… +0.08

Choice/Select Spread: 19.85

Total Load Count: 136

 

Cutter Cow Cutout:

230.24… -0.66

 

CME Feeder Cattle Index for October 22nd:

155.41… +0.07 / +0.04%

1 Year Change: +16.24%

52 Week Range: 130.15 to 159.56

 

Futures Settlements…

Live Cattle:

October: 125.02… +0.92

December: 129.52… +1.20

February: 134.75… +1.25

 

Feeder Cattle:

October: 155.62… +0.20

November: 158.47… +1.57

January: 158.57… +1.25

 

December Hogs: 74.20… +0.88

December Crude Oil: 83.76… Unchanged

December Corn: 5.3800… Unchanged

December Wheat: 7.5950… +0.0350

 

Grain Cash Bids:

Omaha Corn: 5.28… -0.01

Kansas City Wheat: 7.45… +0.04

 

Financial Markets:

DJIA: 35,730.55… +52.87

S & P 500: 4,567.33… +22.35

NASDAQ: 15,217.98… +127.78

U.S. Dollar Index: 93.83… -0.19






Text/HTML