Texas Daily Ag Market News Summary

Mar 02 2026

Posted 8 days ago by Administrator Account

Daily Market Summary for March 2nd

USDA reported on Monday afternoon that negotiated cash trade has been inactive on light demand in all major feeding regions. The last established market test in the Texas Panhandle was last week with live purchases at mostly 244.00. The last established market test in Kansas was last week with live purchases at 244.00. The last established market test in Nebraska was last week with live purchases from 239.00- 243.00 and dressed purchases from 382.00-383.00, mostly 383.00. The last established market test in the Western Cornbelt was last week with live purchases at mostly 243.00 and dressed purchases were from mostly 382.00-383.00 on a light test.

Negotiated Sales:

Confirmed: 36

Week Ago: 36

Year Ago: 378

Formula Net - Dressed Steers & Heifers:

Head count priced today: 26,800

Weighted avg. weight: 949

Weighted avg. net price: 398.24

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Cattle Slaughter under Federal Inspection:

Monday 102,000

Week Ago 106,000

Year Ago 104,764

Week to Date 102,000

Last Week WTD 106,000

Last Year WTD 104,764

Friday

Steers & Heifers: 69,000

Cows & Bulls: 20,000

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Boxed Beef :

Cutout Values:

Choice: 381.34… +1.57

Select: 378.21… +3.96

Choice/Select Spread: 3.13

Total Load Count: 73

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Cutter Cow Cutout :

331.47… -2.43

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CME Feeder Cattle Index for Friday, February 27th:

Posted daily by CME for the prior business day

371.82… -0.97

Historical High: 2/19/26 @ 377.37

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Futures Settlements: Friday Closes

Live Cattle :

April: 233.10… +0.88

June: 229.65… +0.50

August: 228.17… +0.37

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Feeder Cattle :

January: 357.27… +1.85

March: 353.32… +2.12

April: 349.47… +2.27

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April Lean Hogs: 95.57… -0.15

April Crude Oil: 71.60… +4.58

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May Corn: 4.4575… -0.0275

May Wheat: 5.7725… -0.1425

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Financial Markets :

DJIA: 48,904.23… -72.95

S & P 500: 6,881.57… +2.66

NASDAQ: 22,748.86… +80.65

U.S. Dollar Index: 98.55… +0.94