Cattle Market Commentary
cmdty Insider - BRUG - Tue Oct 09, 4:48PM CDT

Live cattle futures were down 45 cents to $1.10 in most contracts on Tuesday. Feeder cattle futures were 70 cents to $1.10 lower on the day. The CME feeder cattle index was up 30 cents on October 8 at $158.45. USDA estimated weekly FI cattle slaughter at 232,000 head through Tuesday. That was down 6,000 head from last week and 2,000 from the same week in 2017. Wholesale boxed beef values were mixed on Tuesday afternoon. Choice boxes were down 6 cents to $202.85, while Select boxes were 91 cents higher at $192.72. US Beef exports during August were an all-time record 287.359 million pounds. That was up 9% from last year and 2.9% larger than July.

OCT 18 Cattle closed at $113.500, down $0.675,

DEC 18 Cattle closed at $117.400, down $0.850,

FEB 19 Cattle closed at $122.400, down $0.475,

OCT 18 Feeder Cattle closed at $156.975, down $0.700

NOV 18 Feeder Cattle closed at $157.600, down $0.825

JAN 19 Feeder Cattle closed at $154.000, down $0.825

--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

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