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Feeder Cattle Oct '17 (GFV17)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CME]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
All Futures Contracts for [[ item.sessionDateDisplayLong ]]

Brugler report

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Live cattle futures are posting $1.40 to $2.25 gains in the nearby contracts. Feeder cattle futures are currently $1.475 to $2.725 cents in the green at midday. The CME feeder cattle index was up 38 cents from the previous day at $150.47 on September 18.Wholesale beef prices were lower in the Wednesday morning report, with the Ch/Se spread widening to $3.35. Choice was down 13 cents at $191.98, while select boxes were 20 cents lower at $188.63. FI cattle slaughter was estimated at 230,000 through Tuesday, which is 3,000 fewer than last week and 4,000 larger than the same week in 2016. This morning’s online FCE auction showed 636 of the 1,450 head sold at an average price of $106.67, up $1.92 from last week. Of the nine lots for sale, 3 were sold, with another 3 offers of $106-$106.50 passed on. Friday’s Cattle on Feed report is expected to show on feed numbers as of September 1 2.7% larger than a year ago. Oct 17 Cattle are at $110.225, up $2.250, Dec 17 Cattle are at $115.375, up $1.975, Feb 18 Cattle are at $118.575, up $1.400, Sep 17 Feeder Cattle are at $153.050, up $1.475 Oct 17 Feeder Cattle are at $155.525, up $2.725 Nov 17 Feeder Cattle are at $155.425, up $2.300
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