Live Cattle (P) Futures PricesWed, Nov 25th, 2015
Latest Brugler Live Cattle (P) Report
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Live cattle futures are trading 50 to 80 cents higher as choppy trade continues. Feeder futures are currently 40 to 65 higher after giving back 45 to 72.5 cents yesterday. The CME Feeder Cattle Index for 11/23 was 32 cents higher to $171.83. Wholesale beef prices are higher this morning, with choice boxes up $1.36 to $205.17, and select boxes are $1.18 higher to $193.42. Cash cattle trade reported a few dressed sales of $195 on Tuesday and again so far here this morning. Estimated WTD slaughter was 110,000 head, up 3,000 head from last week, but 7,000 head smaller than the same period a year ago.
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