Friday, March 6, 2015
1012 C Street Floresville, TX 78114 Phone: 830-216-4519 Fax: 830-393-3219
Texas Cash Market recap, Sept. 28
AUSTIN -- For the week ending Sept. 28, feeder cattle prices reported by Texas auctions were steady to as much as $10 higher per hundredweight (cwt) compared to the previous week. Texas direct feeder cattle sales were steady to $5 higher, and the Oklahoma City National Stockyards were steady to $2 higher. Recent rains that have boosted prospects for fall and winter grazing, as well as smaller supplies and lower grain prices continued to support the feeder cattle market. Fed cattle prices were $2 per cwt higher than a week ago. Wholesale beef prices were modestly higher. Weekly beef export sales were down 45 percent from the previous week and 52 percent higher than the prior four-week average. Cumulative sales for the year are down 14 percent from a year ago. . . .
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