The Canadian Record (Canadian, Tex.), Vol. 118, No. 21, Ed. 1 Thursday, May 22, 2008 Page: 29 of 36
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THE CANADIAN RECORD
THURSDAY 22 MAY 2DDS
TDA Market Recap
AUSTIN—For the week ending May 17,2008, feeder cattle prices at Tex-
as auctions were $6 per hundredweight higher to $4 lower compared with
the previous week. Seasonally lower supplies and higher fed cattle prices
supported the market, but continued high grain prices limited increases.
Fed cattle prices were steady to 50 cents per hundredweight higher. Corn
and grain sorghum cash prices declined on improved planting weather in
the Midwest. As for futures markets, feeder cattle and cotton ended the
week higher, while finished cattle, wheat, corn and lumber closed lower.
Most areas of the state recorded at least some rainfall, from a half-inch or
less on the Plains to as much as 5 inches in parts of East and South Central
Texas. Topso il moisture was reported adequate to short statewide. Wheat
harvest began :n South Central Texas, with 85 percent of the crop now
headed compared with 93 percent on average by this date. Corn planting
is nearing completion on the High Plains with the emerged crop reported
n mostly fair to good condition. Cotton planting progressed to 36 percent
complete, behind the average 43 percent, but ahead of last year's pace.
CASH MARKETS
5/I7/D8
5/ID/US
5/I9/D7
Feeder Steers ($/cwt)
111.09
112.84
118.12
Fed Cattle (S/cwt)
34.35
33.35
38.031
Slaughter Lambs (S/cwt)
109.00
114.00
100.00
Slaughter Goats (S/cwt)
I23.DD
142.50
135.50
Cotton (l/lb)
34.00
33,75
43.18
Grain Sorghum (l/bo)
9.70
10.33
G.2G
Wheat (|/bu)
7.40
7.G2
4,32
Curo(l/bo)
5.31
3.25
4.44
Onions (l/carton)
3.75
10.25
12.50
FUTURES MARKETS
Feeder Cattle (ll/cwt)
108.48
107.35
103.13
Finished Cattle (1/cwt)
33.88
34.53
32.35
Cotton (I/lb)
71.33
71.55
43,731
Wheat (|/bu)
8.24
8.43
4.37
Cum (l/bu)
5.31
G.29
3.71
Lumber (1/1000 bdft)
245.30
251.30
The cash prices above are market averages for locations covered by the TDA 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 #1 steers. The Texas Forest Service reports Sawlog and
pulpwood prices bimonthly. Futures prices are quoted for the nearest month contract on the
last trading day of the week.
FOR MORE INFORMATION:
For additional information, contact TDA Market News at (800)252-3407 or visit the website,
www.tdamarketnews.com.
OJ Lj |
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The Canadian Record adrntismgi
advertising@canadianrecord.coni
BOSINESS BRIEFS
Plant I.D. books available at SWCD
The Hemph ill So and Water Conservation District (SWCD) now has a limi-
ted number of plant I.D. books available. Each plant I.D. book is $20. Anyone
interested in purchasing a book may contact the Hemphill SWCD by phone at
(806)323-8372, Ext. 3. #18
DPS asks drivers to slow down for Memorial Day
DPS is asking Texans to slow down, wear seatbelts and drive sober during
the Memorial Day weekend. All available troopers will be patrolling Texas road-
ways, looking for drivers who are breaking the law. Drivers who are not sober
should expect that they will be pulled over; and if they fail field sobriety tests,
they will be arrested. Drivers who are intoxicated and have children under the
age of 15 in the vehicle face state jail felony charges. "Slow down, buckle up and
drive sober, so you can have a more enjoyable weekend," said Col. Thomas A.
Davis Jr., director of the DPS. "Voluntary compliance with the law is a better
alternative than receiving a ticket or being arrested." DPS troopers and many
other Texas law enforcement agencies are participating in Click It or Ticket,
a national campaign aimed at increasing the number of people who use their
seat belts correctly, every time they get into a vehicle. Drivers pulled over for
seat belt violations by DPS will receive tickets, not warnings. Another nation-
wide effort designed to reduce fatalities is the C.A.R.E.—Combined Accident
Reduction Effort—program. State police officers across the nation participate
in C.A.R.E., maximizing enforcement on major interstate highways to reduce
fatalities commonly associated with holiday weekends. #21
TDA announces beautifical in grant program
AUSTIN—Agriculture Commissioner Todd Staples is pleased to announce
the Texas Department of Agriculture is now accepting applications for the GO
TEXAN Rural Community Beautification Grant Program. The program has
$100,000 available for cities and counties that wish to Improve the appearance
of their downtown areas. "The downtown appearance of any rural city is vital
to the success of rural Texas," Commissioner Staples said. "These funds pro-
vide an opportunity for rural communities to spruce up their downtowns, In-
creasing visual appeal and tourist activity." The money can be used to purchase
new welcome signage, decorative light posts, flags, benches, planters, or any
outdoor furniture that can be used year-round. The GO TEXAN Rural Com-
munity Beautification Grant Program, housed under the Rural Economic De-
velopment Division, has expanded beyond previous years to now nclude county
participation. Counties may apply on behalf of unincorporated cities or for the
county seat. All funds must be used to purchase only the approved items and n
an effort to improve the aesthet ics of the downtown area. All applicants must be
a GO TEXAN member prior to applying for the funds. Applications will be ac-
cepted through June 27. For program details and eligibility requirements, rural
communities are encouraged to visit www.tda.state.tx.us. #21
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Brown, Laurie Ezzell. The Canadian Record (Canadian, Tex.), Vol. 118, No. 21, Ed. 1 Thursday, May 22, 2008, newspaper, May 22, 2008; Canadian, Texas. (https://texashistory.unt.edu/ark:/67531/metapth252705/m1/29/: accessed April 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Hemphill County Library.