Cattle Futures made some Tuesday Gains
BRUG - Tue Nov 26, 4:43PM CST

Live cattle futures were up by $0.52 to $0.87 at the close, Dec futures have hit a new 7-month high. Feeder cattle futures, however, finished mostly lower, with the closing board showing losses of 35 cents and gains in the April contracts. The 11/25 CME Feeder Cattle index was lower by 54 cents to $144.79. Wholesale boxed beef prices were mixed this afternoon to narrow the Chc/Sel spread to 19.55. Choice boxes were $1.40 lower, and select boxes gained $0.38. There will not be an FCE online cattle auction this week. USDA estimated the Tuesday cattle slaughter under Federal inspection at 110,000, to bring the weekly total to 228,000 head. Last year’s running total through Tuesday was 234,000.

Dec 19 Cattle closed at $120.400, up $0.700,

Feb 20 Cattle closed at $125.675, up $0.525,

Apr 20 Cattle closed at $126.100, up $0.875,

Jan 20 Feeder Cattle closed at $141.625, down $0.350

Mar 20 Feeder Cattle closed at $142.225, down $0.125

Apr 20 Feeder Cattle closed at $144.050, up $0.300

--provided by Brugler Marketing & Management

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