Cattle Market Commentary

Live cattle futures are mixed on Tuesday, with Dec up a quarter. Feeder cattle futures are mostly 40 to 65 points higher. The CME feeder cattle index was down 34 cents on November 2 at $153.55. Wholesale boxed beef prices were higher on Tuesday morning. Choice boxes were up 57 cents @ $219.16, with Select $3.20 higher at $205.55. USDA estimated FI cattle slaughter at 119,000 head on Monday. That is 2,000 above the previous week and the same date last year. Wednesday’s FCE online auction shows just 310 head of cattle for sale.

Dec 18 Cattle are at $115.575, up $0.250,

Feb 19 Cattle are at $120.700, up $0.050,

Apr 19 Cattle are at $122.225, down $0.075,

Nov 18 Feeder Cattle are at $150.150, up $0.650

Jan 19 Feeder Cattle are at $147.050, up $0.625

Mar 19 Feeder Cattle are at $145.825, up $0.400

--provided by Brugler Marketing & Management

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
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