Live Cattle (P) Futures PricesTue, Jun 28th, 2016
Latest Brugler Live Cattle (P) Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Live cattle futures are trading 45 to 95 cents higher at midday. Feeders are currently $1.425 to $2.525 higher, after nearing $3.00 gains this morning. The CME Feeder Cattle Index for 6/27 was $140.67, up 46 cents. The cash cattle market reported average live sales at $117 on Tuesday, up from $116 on Monday. The last reported dressed sales were at $185 on Monday. Choice boxed beef prices are up $1.34 this morning, but select beef prices are down 29 cents. WTD estimated FI slaughter is running 2,000 head behind last Monday and Tuesday, and 4,000 head behind the same period a year ago.
InsideFutures Meats News