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Texas feeder steers and heifers sold $1 to $5 higher in the week ending Aug. 30, 2019, as cattle markets regained much of the losses from two weeks earlier.
Slaughter cows and bulls sold $1 to $3 lower. Texas High Plains grain bids fell, with sorghum down 2 to 3 cents, wheat down 5 to 9 cents and corn down 1 to 2 cents.
Feeder cattle prices are recovering from the post-fire selloff, which supports feedlot margins. Lower local grain bids add mild downward pressure on feed-grain values in the Southern Plains.
tscra.orgWritten by: kristinAug 31, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
