Cattle Higher Again at Midday
BRUG - Tue Nov 26, 12:03PM CST

Live cattle futures are up by $0.12 to $0.27 at middays in a follow up to Monday gains. Feeder cattle futures are lower, posting midday losses of as much as 45 cents. The 11/22 CME Feeder Cattle index was $0.15 lower to $145.38. Wholesale boxed beef prices were mixed this morning to narrow the Chc/Sel spread. Choice boxes were $1.07 lower, and select boxes gained $1.74. There will not be an FCE online cattle auction this week. Monday FI slaughter was 118,000, which was even with last week, and starts off the holiday week with a 4,000 head lead over last year.

DEC 19 Cattle are at $119.975, up $0.275,

FEB 19 Cattle are at $125.275, up $0.125,

APR 20 Cattle are at $125.425, up $0.200,

JAN 19 Feeder Cattle are at $141.575, down $0.400

MAR 19 Feeder Cattle are at $141.900, down $0.450

APR 19 Feeder Cattle are at $143.650, down $0.100

--provided by Brugler Marketing & Management

Market Commentary provided by:

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