# Agriculture Market Summary

> Texas feeder cattle prices were steady to $7 higher while March feeder futures fell 32 cents to $129.85. Cash corn rose 3 cents to $3.57/bu, wheat cash fell 4 cents to $3.28/bu, and Class III milk futures dropped 13 cents.

- Date: 2017-01-24 · published 2017-01-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10051-agriculture-market-summary
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Higher cash corn and mixed cattle moves together with softer wheat prices give a mixed signal for feed grain costs, with corn firmer on the day.

## Read by commodity

- CORN: bullish ▲
- MILK: bearish ▼
- WHEAT: bearish ▼
- FCATTLE: neutral

## Sources

- texasagriculture.gov: https://texasagriculture.gov/News-Events/Agriculture-Market-Summary/Article/3964/Texas-Daily-Ag-Market-News-Summary-012517

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.