Cattle Market News and Commentary
BRUG - Wed Feb 06, 12:17PM CST

Live cattle futures are down 10 to 60 cents on Wednesday. Feeder cattle futures are 22.5 to 50 cents lower. The CME feeder cattle index was up 53 cents on February 4 at $141.54. Wholesale boxed beef prices were mixed on Wednesday morning, with the Ch/Select spread at $4.64. Choice boxes were up 62 cents at $217.64 with Select 10 cents lower at $213.00. This week’s USDA estimated FI cattle slaughter is 236,000 head through Tuesday. That is down 1,000 head from last week and 7,000 above the same week last year. A total of 161 of the 294 head offered on this morning’s FCE auction were sold, with one lot going for $124 and the other @ $124.25.

Feb 19 Cattle are at $126.225, down $0.475,

Apr 19 Cattle are at $127.025, down $0.600,

Jun 19 Cattle are at $117.175, down $0.225,

Mar 19 Feeder Cattle are at $143.325, down $0.500

Apr 19 Feeder Cattle are at $144.975, down $0.475

May 19 Feeder Cattle are at $145.650, down $0.400

--provided by Brugler Marketing & Management




Market Commentary provided by:

Brugler Marketing & Management LLC
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Phone: 402-697-3623
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