Thursday, May 5, 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


VideoLost orange & white female fox terrier on 5/1/16 near 775 & 3432. Please contact Lindsay @ 210-284-0094. Thanks.

VideoFound: Australian shepherd heeler mix, approx 3 years old, near Lake Calaveras, call 210-878-5075

VideoFound downtown Floresville. Small, friendly, young dog, Sheltie/terrier mix (maybe?) 830.393.8303 or 210.274.6884
More Lost & Found ads ›

Help Wanted

Experienced electrician needed. Call 210-885-4101, fax 830-393-0909, or email srallaelect@netzero.net.
Be skeptical of ads that say you can make lots of money working from the comfort of your home. If this were true, wouldn’t we all be working at home?
More Help Wanted ads ›

Featured Videos





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

Agriculture Today


TDA Market Report




E-Mail this Story to a Friend
Print this Story
July 16, 2014 | 5,356 views | Post a comment

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.

Cotton prices were lower as markets adjusted to higher than expected cotton plantings. In addition, rainfall on the Texas High Plains, generally favorable growing conditions across the Cotton Belt and projections of higher global supplies continued to pressure prices. However, the ongoing drought means timely rains will still be needed to support the crop.

Wheat prices were lower as increasing harvest-time supplies, large global inventories, and weak demand continues to pressure the market.

Corn and grain sorghum prices were lower as overall crop conditions continue to favor a large corn crop this year.

Weather

Parts of East, Central, and North Texas, the Rolling Plains, South Plains, and Panhandle recorded one-half inch or more of rainfall, while little or no rain fell elsewhere in the state. Last week’s U.S. Drought Monitor showed another very slight improvement in overall conditions in Texas, with 87 percent of the state rated in some degree of drought or abnormal dryness, down from 89 percent a week ago. The areas in severe to exceptional drought remained near unchanged, but areas in moderate drought declined as abnormally dry areas expanded. Much of East and Southwest Texas remain drought-free.

Nationally, the total area experiencing abnormal dryness or some degree of drought declined slightly to 44 percent of the contiguous states.

Texas Cash Markets for the week ending

July 5:

•Feeder steers, $209.39/cwt

•Fed cattle, $157.92/cwt

•Cotton, 72˘/lb

•Grain sorghum, $7.32/cwt

•Wheat, $6.86/bu

•Corn, $4.63/bu

•Watermelons, 16˘/lb

Futures markets:

•Feeder cattle, $217.62/cwt

•Fed cattle, $155/cwt

•Cotton, 76.22˘/lb

•Wheat, $6.97/bu

•Corn, $4.17/bu

•Lumber, $337.40/1000 bd ft.

All 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 Texas direct sales of 650-850 pound medium and large No.1 steers for current delivery. Futures prices are quoted for the nearest month contract on the last trading day of the week. Timber prices are from the Texas A&M Forest Service, bimonthly “Texas Timber Price Trends.” For additional information, contact the Texas Department of Agriculture at 800-835-5832 or visit 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
East Central Driving SchoolHeavenly Touch homeTriple R DC ExpertsVoncille Bielefeld homeAllstate & McBride Realty

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