Cattle Market News and Commentary
BRUG - Tue Jan 08, 12:09PM CST

Live cattle futures are posting sharp gains in nearby Feb on Tuesday, with back months also higher. Feeder cattle futures are showing triple digit gains at midday. The CME feeder cattle index was up 46 cents on January 4 at $146.06. Wholesale boxed beef prices were slightly lower on Tuesday morning. Choice boxes were down a penny at $214.27, with Select 11 cents lower at $208.10. USDA estimated Monday’s FI cattle slaughter at 118,000 head. That was 1,000 head above the same week last year. The FCE is back online this week, with a total of 513 head offered from KS and NE.

Feb 19 Cattle are at $125.175, up $1.975,

Apr 19 Cattle are at $126.050, up $0.975,

Jun 19 Cattle are at $117.425, up $0.900,

Jan 19 Feeder Cattle are at $147.500, up $1.500

Mar 19 Feeder Cattle are at $145.400, up $1.500

Apr 19 Feeder Cattle are at $145.900, up $1.200

--provided by Brugler Marketing & Management

Market Commentary provided by:

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1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
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