TDA market recap for Nov. 17
AUSTIN -- For the week ending Nov. 17, feeder cattle price trends reported by Texas auctions ranged from $5 higher to $6 lower per hundredweight (cwt) with the largest discounts on lightweight, unweaned calves. Texas direct feeder cattle sales were $1 lower. The Oklahoma City National Stockyards were steady to $3 lower. Feeder cattle prices continue to be pulled in both directions, with tight supplies supporting the market, but high grain prices, negative cattle feeding margins and dry conditions in many areas applying downward pressure. Fed cattle cash prices were near unchanged, while wholesale beef values were higher for Choice-grade offerings, but lower for Select beef. Cotton prices were higher on talk of Chinese purchases in spite of their large stockpiles. Wheat prices were lower as large world supplies and weak export demand for U.S. wheat continued to weigh on the market. Corn and grain sorghum were lower as weak export demand for U.S. corn and more favorable weather in South America more than offset the tight domestic supplies. . . .
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). Subscribe today or purchase this issue (November 28, 2012) for $3.00. (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 Today Archives
April 2015 Gardening Calendar (April 1, 2015)
Atascosa County Agri-Land Workshop is April 22 (April 1, 2015)
Benefit team roping set for April 25 (April 1, 2015)
Brush, hog control workshop is April 15 (April 1, 2015)
Despite beef checkoff agreement, division remains (April 1, 2015)
Government extends comment period for Dietary Guidelines until May 8 (April 1, 2015)
Government extends crop programs deadline (April 1, 2015)
Hay & Forage Report (April 1, 2015)
Livestock Market Reports (April 1, 2015)
Mulberry trees are great for wildlife, but not for shade (April 1, 2015)
TDA Market Report (April 1, 2015)
Time to purchase steer tags (April 1, 2015)
What landowners need to know, workshop April 29 (April 1, 2015)
Wilson County calf scramble trio (April 1, 2015)