Live Cattle (P) Futures PricesThu, Nov 27th, 2014
Latest Brugler Live Cattle (P) Report
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Cattle futures were lower today, with the summer 2015 contracts trading into the green before selling off to close in negative territory. January feeders finished at $230.50. The CME index is at $240.72 for the 11/25 average, up 3 cents from the previous day. Wholesale beef prices were higher again today, with Choice boxes up $0.26 and Select up $0.33. Week to date slaughter estimated at 347K head was 18K head larger than a week ago, and 26K head smaller than a year ago. Cash cattle traded in volume today at $172-173, with limited activity in the north at $267.00. Most of the asking prices in the north are still above $270.
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