Wilson County News
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Wednesday, Aug 20, 2014
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Agriculture Today

TDA Market Recap




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April 2, 2014 | 1553 views | Post a comment

AUSTIN -- For the week ending March 22, feeder cattle prices reported by Texas auctions ranged from $8 lower to $9 higher per hundredweight (cwt) compared to their previous sale. Texas direct feeder cattle prices were steady to $1 higher on cattle weighing less than 800 pounds, but lower on heavier-weight offerings. Tight supplies and strong demand continue to support the feeder cattle market, but prices also fluctuate depending on the types and condition of cattle being sold and specific buyer requirements at each particular sale on a particular day. Fed cattle cash prices were $2 higher at a near record-high $150 per cwt. Wholesale prices for Choice-grade beef set a new record high on March 18 then declined to end the week modestly lower.  . . .

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