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TDA Market Recap, Oct. 21, 2013

For the week ending Oct. 19, 2013, feeder cattle prices reported by Texas auctions were steady to $10 higher per hundredweight (cwt). Smaller cattle supplies, lower corn prices and improved prospects for fall and winter grazing continued to support the market. The Texas direct feeder cattle report did not include a market trend, but the average price for 650-850 pound steers for current delivery was up $7.58 from the last report on Sept. 27.

Oct 22, 2013 Read more...

TDA Market Recap, Oct. 14, 2013

For the week ending Oct. 12, 2013, most of the cash prices normally covered by this recap remained unavailable because of the partial federal government shutdown. Feeder cattle prices reported by Texas auctions were steady to $8 higher per hundredweight (cwt). Smaller cattle supplies and lower corn prices continued to support the market. Fed cattle prices were up $2 per cwt from the previous week, according to the Texas Cattle Feeders Association.

Oct 15, 2013 Read more...

TDA Market Recap, Oct. 7, 2013

For the week ending Oct. 5, 2013, feeder cattle prices reported by Texas auctions were mostly steady to $5 higher per hundredweight (cwt), with a few as much as $10 higher. Many of the cash prices usually covered by this recap are unavailable because of the partial federal government shutdown. Texas direct feeder cattle sales were unavailable, and the Oklahoma City National Stockyards were $3 to $6 higher. Buyers continue to discount bawling, unweaned offerings, but all classes are attracting attention thanks to tight cattle supplies and corn prices that are much lower than they were at this time last year.

Oct 08, 2013 Read more...

TDA Market Recap, Sept. 30, 2013

For the week ending Sept. 28, 2013, feeder cattle prices reported by Texas auctions were steady to as much as $10 higher per hundredweight (cwt) compared to the previous week. Texas direct feeder cattle sales were steady to $5 higher, and the Oklahoma City National Stockyards were steady to $2 higher.

Oct 01, 2013 Read more...

TDA Market Recap, Sept. 16, 2013

For the week ending Sept. 14, 2013, feeder cattle prices reported by Texas auctions were $8 lower to $6 higher per hundredweight (cwt) compared to the previous week. Texas direct feeder cattle sales were steady and the Oklahoma City National Stockyards were mostly steady to $1 higher. Several locations noted significant discounts on unweaned calves compared to their weaned counterparts.

Sep 17, 2013 Read more...

TDA Market Recap, Aug. 26, 2013

For the week ending Aug. 24, 2013, feeder cattle prices reported by Texas auctions were mostly steady to $8 higher per hundredweight (cwt). Texas direct feeder cattle sales were steady to $2 higher, and the Oklahoma City National Stockyards were steady to $3 higher. Tight supplies, lower grain prices than at this time last year and improved fed cattle prices continued to support the market. Fed cattle cash prices were steady. Wholesale beef prices were higher for Choice, but lower for Select-grade offerings. Weekly beef export sales were up 26 percent from the previous week and 34 percent higher than the prior four-week average, but shipments were lower.

Aug 27, 2013 Read more...

TDA Market Recap, Aug. 19, 2013

For the week ending Aug. 17, 2013, feeder cattle prices reported by Texas auctions were steady to $7 higher per hundredweight (cwt). Texas direct feeder cattle sales were steady to $3 higher, and the Oklahoma City National Stockyards were $3 to $5 higher. The likelihood of lower grain prices this fall, along with higher fed cattle and beef prices supported the market. Fed cattle cash prices were $2 higher per cwt, and wholesale beef prices were higher.

Aug 20, 2013 Read more...

TDA Market Recap, Aug. 12, 2013

TDA Market Recap, 8-13-13
For the week ending Aug. 10, 2013, feeder cattle prices reported by Texas auctions were steady to $7 higher per hundredweight (cwt). Texas direct feeder cattle sales were steady to $4 higher. The Oklahoma City National Stockyards were $1 to $3 higher. Improved pasture conditions in some areas and prospects for lower grain prices this fall once again supported prices, especially for lighter-weight cattle. Fed cattle cash prices were $2 higher per cwt. Wholesale beef prices were higher.

Aug 13, 2013 Read more...

TDA Market Recap, Aug. 5, 2013

For the week ending August 3, 2013, feeder cattle prices reported by Texas auctions were steady to $8 higher per hundredweight (cwt) with a few reporting prices as much as $15 higher. Texas direct feeder cattle sales were steady to $3 higher. The Oklahoma City National Stockyards were steady to $4 higher on feeder cattle and $3 to $8 higher on calves.

Aug 06, 2013 Read more...

TDA Market Recap, July 29, 2013

For the week ending July 27, 2013, feeder cattle prices reported by Texas auctions were steady to $6 higher per hundredweight (cwt) with a few locations reporting as much as $10 higher. Texas direct feeder cattle sales were steady to $2 higher. The Oklahoma City National Stockyards were steady to $3 lower on steers, but steady to $3 higher on heifers. Somewhat better pasture conditions following recent rains and prospects for lower grain prices this fall supported the markets, especially for lighter-weight cattle. However, deeply negative cattle feeding margins continued to limit the gains. Fed cattle cash prices were steady, and wholesale beef prices were lower.

Jul 30, 2013 Read more...