Monday, February 8, 2016
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Preview the Paper Preview the Paper

Preview this week's Paper
A limited number of pages are displayed in this preview.
Preview this Week’s Issue ›
Subscribe Today ›

Lost & Found

*Includes FREE photo online! mywcn.com/lostandfound
Bear, please come home! Missing since October 22, 2014, black Manx cat (no tail), shy. Reward! Help him find his way home. 210-635-7560.

VideoMissing: Male Boxer, since evening of Jan. 4, Hwy. 97 West, rear of Promised Land Creamery, $500 REWARD. Call 830-391-2240 with information.
More Lost & Found ads ›

Help Wanted

The Cutting Edge Salon and Spa in Nixon is looking for experienced hair stylist and manicurist. Call 830-582-2233.
Senior Accounting Specialist needed in Whitsett, TX, must pass background and drug test, Quickbooks accounting experience necessary, pay based on experience, company benefits. Email resumes to teika@oscenergy.com.
More Help Wanted ads ›

Featured Videos





Video Vault ›
You’ve been granted free access to this subscribers only article.

Agriculture Today


Texas Cash Market recap, May 25




E-Mail this Story to a Friend
Print this Story
June 5, 2013 | 4,319 views | Post a comment

AUSTIN -- For the week ending May 25, feeder cattle prices reported by Texas auctions ranged from $5 lower to $3 higher per hundredweight (cwt) compared to the previous week. A few locations noted prices as much as $6 higher on a portion of their offerings. Texas direct feeder cattle sales were steady to $1 lower and the Oklahoma City National Stockyards were steady to $5 lower. Negative cattle feeding margins and lower feeder cattle futures continued to pressure the market. However, tight supplies and improved pasture conditions in some areas were also supportive. Fed cattle cash prices were $1 lower. Choice wholesale beef prices hit a new record-high of $211.37 per cwt on May 23, before declining on May 24. Beef exports for the year are down 17 percent from this time last year.

Cotton prices were lower due to burdensome world supplies and weak economic news out of China. However, traders remained concerned about planting delays and very dry conditions in major Texas growing areas. Weekly cotton export sales up from the previous week and cumulative shipments for the year are running ahead of last year’s pace. Wheat prices were higher on the dry conditions in U.S. winter wheat areas and lower production forecasts for Australia and Ukraine. In addition, weekly wheat exports were higher than both the previous week and prior four-week average. Corn prices were higher as markets remain concerned about slow planting progress across the Midwest. Reports of a large corn sale to China and weekly exports that were higher than the previous week and the prior four-week average were also supportive.

As for futures markets, feeder cattle, fed cattle, wheat, and corn were higher, but cotton and lumber were lower. Almost the entire state received rainfall during the week, with totals of an inch or more common south and east of a line from Del Rio to Wichita Falls.

Texas Cash Markets for the week ending May 25:

•Feeder steers, $145.93/cwt
•Fed cattle, $123.94/cwt
•Slaughter lambs, $88.50/cwt
•Slaughter goats, $167/cwt
•Cotton, 77.50˘/lb
•Grain sorghum,
$11.83/cwt
•Wheat, $7.24/bu
•Corn, $7.22/bu
•Onions, $11.50/50 lbs
•Watermelons, 25˘/lb
Futures markets: •Feeder cattle, $144.55/cwt
•Fed cattle, $120.57/cwt
•Cotton, 81.49˘/lb
•Wheat, $7.46/bu
•Corn, $6.57/bu
•Lumber, $297.40/1000 bd ft.


The cash prices above are market averages for locations covered by the U.S. Department of Agriculture Market News program and do not reflect any particular sale at any specific location.

Feeder cattle prices are for 500-600 pound medium and large No. 1 steers at the Oklahoma City National Stockyards. Futures prices are quoted for the nearest month contract on the last trading day of the week.

For more information, contact the Texas Department of Agriculture at 1-800-835-5832 or visit the website, http://www.TexasAgriculture.gov.
 

Your Opinions and Comments


Be the first to comment on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Agriculture Today Archives


Coupons ag-right
Heavenly Touch homeAllstate & McBride RealtyEast Central Driving SchoolTriple R DC ExpertsVoncille Bielefeld home

  Copyright © 2007-2016 Wilson County News. All rights reserved. Web development by Drewa Designs.