Sunday, December 11, 2016
1012 C Street Floresville, TX 78114 Phone: 830-216-4519 Fax: 830-393-3219
TDA Market Report
AUSTIN -- For the week ending July 5, Texas auctions quoted feeder cattle prices mostly steady to $5 higher per hundredweight (cwt) in a very light market test. Many locations were closed for the week for the July 4 holiday. Texas direct feeder cattle prices were $1 to $4 higher with the average for steers for current delivery setting new record highs. Fed cattle cash prices were up nearly $4 to a new record high of $158 per cwt. Wholesale beef values were $3 to $4 higher per cwt to also set new record highs. Prices throughout the beef complex continue to find strong support from the very tight cattle supplies and robust domestic demand across the sector. . . .
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