Friday, December 9, 2016
1012 C Street Floresville, TX 78114 Phone: 830-216-4519 Fax: 830-393-3219
TDA Market recap
AUSTIN -- For the week ending Jan. 25, Texas feeder cattle auctions reported prices $6 lower to $5 higher per hundredweight (cwt). Texas direct feeder cattle prices were steady to $2 higher. Fed cattle cash prices set another record-high last week, averaging $147.12 per cwt, up $5 from the previous week. Wholesale beef values also established new record-highs on Wednesday, with choice-grade offerings topping $240 per cwt for the first time. Beef prices then slipped lower through the end of the week as buyers caught up on their purchases. Prices across the cattle-beef complex remain at historically high levels as tight supplies continue to support the market. Weekly beef export sales were down 9 percent from the previous week, but nearly four times higher than the prior four-week average. Shipments were up 1 percent for the week and even with the average. . . .
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Agriculture & Outdoors Archives
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