Live Cattle Futures PricesMonday, May 20th, 2013
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Latest Brugler Live Cattle Report
Cattle futures are trading near the highs of the day at midday. Wholesale prices set another new record high for Choice at $210.46 this morning but are mixed overall. Select boxed beef carcasses were quoted 20 cents below yesterday. The drop credit was UNCH on Monday at $13.96 per cwt. Estimated Monday slaughter was 125,000 head, which is 2000 more than last Monday, but the same as a year ago. The USDA says that overall the US pasture and range condition improved from last week, gaining 3 points in the good category and 1 point in the excellent category.
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