• Skip to primary navigation
  • Skip to main content
Texas and Southwestern Cattle Raisers Association

Texas and Southwestern Cattle Raisers Association

To Honor and Protect the Ranching Way of Life

  • Who We Are
    • Why Join
    • Leadership
    • Staff
    • TSCRA Partners
    • FAQs
    • Newsroom
    • Sponsorships
    • Employment
  • What We Do
    • Theft and Law
    • Issues and Policy
    • Education
    • Young Cattle Raisers
    • The Cattleman Magazine
    • Disaster Relief Fund
    • Cattle Raisers Insurance
    • Cattle Raisers Trading Co
  • Events
    • Cattle Raisers Convention
    • Summer Meeting
    • Policy Conference
    • Ranch Gatherings
    • Ranching 101
  • Member Center
    • Join
    • Renew
    • Instructions
  • TSCRA Store
  • Show Search
Hide Search

TDA Market Recap, March 11, 2013

Source: Texas Department of Agriculture
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. Cotton prices were higher as Chinese purchases and projections for lower plantings this year continued to support the market. Wheat and corn were lower due to weak exports and improved moisture conditions in major U.S. growing areas.
As for futures markets, cotton and corn were higher, but feeder cattle, fed cattle, wheat and lumber were lower.
Much of the state recorded rainfall last week, with amounts of one-half inch or more in parts of the Panhandle and a rough triangle from Del Rio to Gainesville on the north and San Augustine to the east. This week’s crop progress and condition report from USDA NASS was not available in time for this week’s recap.

   

Week Ending

Previous

Previous

Texas Cash Markets:  

   March 9, 2013

             Week            Year
         
Feeder Steers ($/cwt)

170.92

160.11

187.63

Fed Cattle ($/cwt)

127.97

127.94

126.63

Slaughter Lambs ($/cwt)

162.50

164.00

        182.00

Slaughter Goats ($/cwt)

235.00

246.00

229.00

Cotton (¢/lb.)

80.75

79.00

84.75

Grain Sorghum ($/cwt)

12.29

12.38

11.25

Wheat ($/bu.)

7.01

7.34

6.23

Corn ($/bu.)

7.51

7.62

6.69

Oranges ($/carton)

11.45

n/a

12.80

Grapefruit ($/carton)

15.95

15.95

13.05

Cabbage ($/50 lbs.)

6.75

6.50

4.75

   

Pine Saw Logs $/MBF

196.74

189.31

182.67

Pine Pulpwood $/ton

5.69

5.78

6.26

   

Futures Markets:  

   

Feeder Cattle ($/cwt)

138.97

141.55

153.92

Fed Cattle ($/cwt)

127.55

129.95

126.02

Cotton (¢/lb.)

86.88

83.68

87.96

Wheat ($/bu.)

7.38

7.56

6.80

Corn ($/bu.)

7.25

7.24

6.54

Lumber ($/MBF)

390.00

395.40

276.00

MBF = thousand board feet.
All cash prices above are market averages for locations covered by the USDA Market News program and do not reflect any particular sale at any specific location. Feeder cattle prices are for 500-600 pound medium and large No.1 steers at the Oklahoma City National Stockyards. 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 TDA at 800-835-5832 or visit www.TexasAgriculture.gov.
 

Written by:
kristin
Published on:
March 12, 2013

Categories: Market News

Recent Posts

Texas crop progress and condition for Feb. 6

February 7, 2023

Most of the state received from trace amounts up to 3 inches of precipitation this week with areas …

Continue Reading about Texas crop progress and condition for Feb. 6

Cow-calf Corner: Is it time to re-program your cowherd? 

February 7, 2023

Mark Z. Johnson, Oklahoma State University Extension Beef Cattle Breeding Specialist What’s the …

Continue Reading about Cow-calf Corner: Is it time to re-program your cowherd? 

TSCRA Talk Episode 37: Should your ranch be an LLC?

February 7, 2023

Attorney Jim Bradbury joins TSCRA Talk host, Kristen Brown, to discuss the importance of ranching …

Continue Reading about TSCRA Talk Episode 37: Should your ranch be an LLC?

Footer

Who We Are

Why Join
Leadership
Staff
TSCRA Partners
FAQs
Newsroom
Sponsorships
Employment

What We Do

Theft and Law
Issues and Policy
Education
Young Cattle Raisers
The Cattleman Magazine
Cattle Raisers Insurance
Cattle Raisers Trading Co.
Texas and Southwestern Cattle Raisers Association

Information

Cattle Raisers Blog
News Releases
Bereavements
Events
Media Kit
Tip Hotline
Get Involved
Links

Membership

Membership Center
Membership Center Instructions
Join
Renew
  • Email
  • Facebook
  • Instagram
  • Twitter
  • YouTube

PO BOX 101988
FORT WORTH, TX 76185

1-800-242-7820

© 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved.

COPYRIGHT | PRIVACY POLICY | TERMS OF USE