Friday, March 6, 2015
1012 C Street Floresville, TX 78114 Phone: 830-216-4519 Fax: 830-393-3219
Texas Cash Market recap, May 21
AUSTIN -- For the week ending May 21, feeder cattle price trends at Texas auctions were mixed, from $3 lower per hundredweight to $6 higher. Some locations were as much as $8 lower and a few were as much as $10 higher. Tight supplies, poor pasture conditions, lower fed cattle markets, and fluctuating grain prices were again the primary influences on markets. Cotton prices were higher amid concerns about the drought in Texas and parts of the southeastern United States. Corn and grain sorghum prices increased because of continued planting delays in the eastern Corn Belt. Wheat prices were higher in response to drought in winter wheat growing areas, such as Texas, and planting delays in spring wheat areas. . . .
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