Thursday, December 8, 2016
1012 C Street Floresville, TX 78114 Phone: 830-216-4519 Fax: 830-393-3219
Texas Cash Market recap, Aug. 4
AUSTIN -- For the week ending Aug. 4, feeder cattle prices at Texas auctions were steady to as much as $12 higher per hundredweight (cwt), although a few locations noted lower prices on part of their offerings. Texas direct feeder cattle sales were mostly $1 to $3 higher. At the Oklahoma City National Stockyards, feeder cattle were $2 to $4 higher and calves were $2 to $3 lower. Tight supplies and lower feed grains for much of the week contributed to the higher prices, although negative cattle feeding margins limited the increase. The fed cattle cash trade was $3.50 higher per cwt following several weeks of light marketings. Wholesale beef prices were higher. Cotton prices were higher amid ongoing concerns about hot, dry weather in West Texas and drier than normal conditions in India. Grain prices were lower for much of the week before turning higher on Friday due to renewed concerns about drought in the Midwest, a weaker dollar, and higher stock markets, metals and crude oil. The Texas Forest Service reported that during the May-June period, Texas pine saw log and pulp wood prices were higher than both the previous reporting period and a year ago. Hardwood saw logs were lower. An improved housing market and better overseas demand contributed to the increase in pine saw log prices. . . .
You’ve reached your free access limit for this week. The full article is available to Wilson County News subscribers only (if you receive the paper in the mail or if you have purchased an E-subscription). Minimum subscription length is one year. If you are already a subscriber, simply sign in using the Login form in the upper right of this page.
Your Opinions and Comments
Be the first to comment on this story!
You must be logged in to post a comment.
Agriculture & Outdoors Archives
Farm Service Agency County Committee elections extended (December 7, 2016)
Grain indemnity fund voting ends Dec. 9 (December 7, 2016)
Livestock Market Reports (December 7, 2016)
Public fishing access areas open on Guadalupe River (December 7, 2016)
Put a stop to vines, stumps (December 7, 2016)
Stop the government from regulating mud puddles (December 7, 2016)
TDA Market Recap (December 7, 2016)
Texas Hay Report (December 7, 2016)
Winter Private Applicator CEU Program (December 7, 2016)
Young exhibitor wins big with Mini Hereford (December 7, 2016)
December 2016 Gardening Calendar (December 1, 2016)