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Agriculture Today

Texas Cash Market recap, Mar. 31


Texas Cash Market recap, Mar. 31


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April 11, 2012
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AUSTIN -- For the week ending March 31, feeder cattle price trends at Texas auctions covered by the U.S. Department of Agriculture (USDA) Market News were mostly steady to $3 lower per hundredweight (cwt), though some early week sales were steady to $3 higher. Texas feeder cattle sales direct to feedlots were steady to $3 lower with limited numbers for immediate delivery. Oklahoma City was steady to $3 higher on feeder cattle and $4 to $10 higher on calves. Fed cattle cash prices were $1 lower per cwt from the previous week following continued declines in beef values.  . . .

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