Cattle Market Commentary
cmdty Insider - BRUG - Wed Oct 10, 4:47PM CDT

Live cattle futures ended Wednesday with most contracts 45 to 65 cents lower, as nearby Oct was down $1. Feeder cattle futures were down $1.05 to $1.70 on the day. The CME feeder cattle index was down 7 cents on October 9 at $158.38. Wholesale boxed beef values were lower on Wednesday afternoon. Choice boxes were down 74 cents to $202.11, while Select boxes were 95 cents lower at $191.77. USDA estimated weekly FI cattle slaughter at 348,000 head through Wednesday. That was down 10,000 head from last week and 4,000 from the same week in 2017. The weekly FCE online auction saw 0 sales on the 1,246 head offered, with asks @ $111-113 and no bids. A few sales were reported in IA and NE at $174, down about $1 from last week.

OCT 18 Cattle closed at $112.350, down $1.000,

DEC 18 Cattle closed at $116.675, down $0.475,

FEB 19 Cattle closed at $121.600, down $0.500,

OCT 18 Feeder Cattle closed at $155.900, down $1.050

NOV 18 Feeder Cattle closed at $156.125, down $1.375

JAN 19 Feeder Cattle closed at $152.050, down $1.700

--provided by Brugler Marketing & Management, Call (402) 289-2330




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.