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Agriculture & Outdoors


Texas Cash Market recap, Jan. 29




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February 8, 2011 | 3,277 views | Post a comment

AUSTIN -- For the week ending Jan. 29, feeder cattle auction prices were mostly steady to $7 lower per hundredweight with a few to $10 lower and some sales later in the week steady to $5 higher. Lower fed cattle and high feed grain prices contributed to the decline. Cotton prices were higher, with the March futures contract hitting an all-time record high on Thursday, due to strong exports, a lower crop estimate for India, strong Chinese demand, and dry weather on the Texas High Plains. Strong export sales also pulled wheat higher and weaker sales pushed corn lower.  . . .

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