Cattle Market News and Commentary

Live cattle futures settled Friday with mixed trade, as most contracts were steady to 45 cents higher. Fed cattle futures were 2.5% higher this week. Feeder cattle futures were also mixed on Friday, with contracts 62.5 cents lower to 12.5 cents higher. Jan was up 0.85% on the week. The CME feeder cattle index was down 9 cents on January 10 at $145.46. Wholesale boxed beef prices were lower on Friday afternoon. Choice boxes were $1.50 lower at $212.46, with Select down the same amount at $206.27. USDA estimated WTD FI cattle slaughter at 626,000 head through Saturday. That was 14,000 head above the same week last year. Most of Friday afternoon’s cash trade was around $124, with a few $123 live and $197 dressed sales thrown in the mix.

Feb 19 Cattle closed at $124.975, up $0.100,

Apr 19 Cattle closed at $126.375, up $0.450,

Jun 19 Cattle closed at $117.200, down $0.175,

Jan 19 Feeder Cattle closed at $146.125, down $0.625

Mar 19 Feeder Cattle closed at $144.900, down $0.175

Apr 19 Feeder Cattle closed at $145.750, up $0.075

--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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