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Texas and Southwestern Cattle Raisers Association

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Weekly Market Recap, 4-22-19

Source: USDA Livestock & Grain Market News | April 22, 2019

Texas: Compared to last week feeder steers sold steady to $4 higher. Trade was active on good demand. Local pastures are in good condition due to recent rain and spring temperatures. Slaughter cows and bulls $1 to $2 higher with active trade and good demand. All hay classes traded steady on light movement. Most hay has been contracted or sold out as the wait for new crop continues. A few new crop sales of what hay has been offered on the market. In the Texas High plains grain markets the bulk of bids were mostly unchanged to 1 centers higher on grain sorghum; mostly unchanged on wheat; and mostly 1 to 2 cents higher on corn. To read the full Texas report, click or tap here.

Oklahoma:  Compared to last week combined weighted average for 7 auctions: Ada, Apache, McAlester, OKC, OKC West, Tulsa, and Woodward. Feeder steers under 800 pounds steady to $1 higher; more than 800 pounds steady to $2 lower. Feeder heifers steady to $3 higher. Steer calves sold steady to $6 higher. Heifer calves steady to $3 higher. Demand moderate to good for feeder cattle. Demand continues very good for calves. Rains continue to fall and a more spring like pattern is in place, including warmer temperatures. Grass pastures are finally turning green. Slaughter cows and bulls sold $1 to $4 higher. Packer demand good. Click or tap here to read the full report.

Written by:
kristin
Published on:
April 22, 2019

Categories: Market News, The Cattleman Now, The Cattleman Now - App

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