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TDA Market Recap, March 18, 2013

For the week ending March 16, 2013, feeder cattle price trends reported by Texas auctions varied from $5 lower per hundredweight (cwt) to $5 higher. Texas direct feeder cattle sales were $1 to $4 lower. The Oklahoma City National Stockyards were mostly $1 to $4 lower. Negative cattle feeding margins and high feed prices continue to pressure prices. Fed cattle cash prices were $1 lower than the prior week. Wholesale beef values declined late in the week, which contributed to the weakness in the cattle market.

Mar 19, 2013 Read more...

TDA Market Recap, March 11, 2013

For the week ending March 9, 2013, feeder cattle price trends reported by Texas auctions varied from $5 lower per hundredweight (cwt) to $5 higher. Texas direct feeder cattle sales were mostly steady. The Oklahoma City National Stockyards were up sharply from last week’s weather-shortened sale, but mostly steady to $2 lower compared to the last full sale two weeks ago. Tight supplies continue to support the feeder cattle market, but negative feedlot margins are also pressuring prices. Fed cattle cash prices were unchanged from the prior week in spite of higher beef prices.

Mar 12, 2013 Read more...

TDA Market Recap, March 4, 2013

For the week ending March 2, 2013, feeder cattle prices reported by Texas auctions were mostly steady to $5 lower per hundredweight (cwt), though some locations saw prices as much as $7 higher, especially later in the week. Texas direct feeder cattle sales were steady to $2 lower. The Oklahoma City National Stockyards were sharply lower because of blizzard conditions in the area. Fed cattle cash prices were up $5 per cwt from the prior week after a winter storm on the U.S. Plains limited cattle supplies and pushed beef prices higher.

Mar 05, 2013 Read more...

TDA Market Recap, Feb. 25, 2013

For the week ending Feb. 23, 2013, feeder cattle prices reported by Texas auctions were uneven, from $7 lower to $6 higher per hundredweight (cwt), with most on the steady to lower end of that range. Texas direct feeder cattle sales were $3 to $8 lower. The Oklahoma City National Stockyards were mostly steady to $4 higher, except heifer calves were steady to $2 lower.

Feb 26, 2013 Read more...

TDA Market Recap, Feb. 19, 2013

For the week ending Feb. 16, 2013, feeder cattle prices reported by Texas auctions were mostly steady to $8 lower per hundredweight (cwt), though a few locations noted higher prices on a portion of their offerings. The Oklahoma City National Stockyards were $2 to $4 lower on feeder cattle and steady to $2 lower on calves. Fed cattle cash prices were down $2 from a week earlier. Choice beef prices were lower, but Select-grade offerings were higher.

Feb 20, 2013 Read more...

TDA Market Recap, Feb. 11, 2013

For the week ending Feb. 9, 2013, feeder cattle prices reported by Texas auctions ranged from $5 lower to $9 higher per hundredweight (cwt) compared to the previous week. Texas direct feeder cattle sales were $1 to $3 higher, and the Oklahoma City National Stockyards were mostly steady to $3 lower on feeder cattle, but steady to $3 higher on calves. The feeder cattle situation has not changed much in the past several weeks. Tight supplies continue to support the market, but high feed prices and negative feedlot margins have limited gains.

Feb 12, 2013 Read more...

TDA Market Recap, Feb. 4, 2013

For the week ending Feb. 2, 2013, feeder cattle prices reported by Texas auctions were mostly steady to $8 higher, though some were as much as $7 lower and a few were $10 higher per hundredweight (cwt) compared to the previous week. Texas direct feeder cattle sales were firm to $3 higher and the Oklahoma City National Stockyards were mostly steady to $4 higher.

Feb 05, 2013 Read more...

TDA Market Recap, Jan. 22, 2013

For the week ending Jan. 19, 2013, feeder cattle prices reported by Texas auctions were $5 lower to $10 higher per hundredweight (cwt) compared to the previous sale. Texas direct feeder cattle sales were $2 to $4 lower. The Oklahoma City National Stockyards were steady to $5 lower. Heavier-weight cattle experienced the biggest declines as lower fed cattle prices, falling cattle futures and higher grain prices pulled feedlot margins even lower. Fed cattle cash prices were more than $2 lower per cwt and wholesale beef prices were lower.

Jan 23, 2013 Read more...

TDA Market Recap, Jan. 14, 2013

For the week ending Jan. 11, 2013, feeder cattle prices reported by Texas auctions were mostly steady to as much as $10 higher per hundredweight (cwt) compared to the previous sale. Texas direct feeder cattle sales were steady to $2 lower. The Oklahoma City National Stockyards were $2 to $10 higher. Shrinking numbers of available feeder cattle continue to support the market, and recent rains boosted grazing prospects.

Jan 15, 2013 Read more...

TDA Market Recap, Jan. 7, 2013

For the week ending Jan. 4, 2013, feeder cattle prices reported by Texas auctions were mostly steady to $4 higher per hundredweight (cwt) compared to pre-holiday sales. Texas direct feeder cattle sales were firm to $1 higher. The Oklahoma City National Stockyards were closed last week for the New Year’s holiday. Fed cattle cash prices were $1 higher per cwt and beef prices were higher. Cotton, grain sorghum, wheat and corn prices were lower compared to pre-holiday levels.

Jan 08, 2013 Read more...