Live Cattle (P) Futures PricesWed, Feb 10th, 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 were 65 cents to $1.30 higher today, with the Aug16 contract the strongest. Feeders settled with gains of $1.72 to $2.25, as Apr16 feeders led the charge higher. The CME Feeder Cattle Index for 2/9 was down 27 cents to $159.49. Cash cattle trade recorded live sales from $133 to $134 on Wednesday. The USDA reported that choice boxed beef prices were up 16 cents today to $218.19, and select boxes were just 2 cents higher to $213.62. Week to date FI slaughter was estimated at 323,000 head, 4,000 head larger than the same week in 2015.
InsideFutures Meats News