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Cattle Triple Digits Higher at Midday
BRUG - Tue Sep 17, 12:18PM CDT

Live cattle futures are up $1.625 to $1.775 in the front months. Feeder cattle futures are trading $3 to $4 higher at midday. The CME Feeder Cattle Index was UNCH on September 13 at $136.09. Wholesale boxed beef prices were higher on Tuesday morning. Choice boxes were up $1.39 at $222.01, with Select boxes 42 cents higher @ $196.99. USDA estimated Monday’s FI cattle slaughter @ 117,000 head. That is up 4,000 head from the same day last year and a 2,000 jump from the previous Monday. A total of 1,229 head are consigned on this week’s FCE auction set for Wednesday morning, better volume than we’ve seen for a while.

OCT 19 Cattle are at $99.625, up $1.625,

DEC 19 Cattle are at $105.650, up $1.625,

FEB 20 Cattle are at $112.225, up $1.775,

SEP 19 Feeder Cattle are at $139.650, up $3.100

OCT 19 Feeder Cattle are at $138.200, up $4.000

NOV 19 Feeder Cattle are at $136.175, up $3.000

-- provided by Brugler Marketing & Management

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