TDA Market Recap July 20, 2015

For the week ending July 18, 2015, Texas auctions quoted feeder cattle prices mostly steady, with instances of sales ranging from $1 to $8 lower per hundredweight (cwt). Texas weekly direct feeder cattle sales were mostly $1 to $4 lower with some steady sales early in the week. Wholesale beef values were lower, with Choice Grade losing $3.68 to close at $233.30 per cwt and Select Grade losing $4.60 to close at $229.39 per cwt.