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Feeder Cattle Aug '18 (GFQ18)

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[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
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Agricharts Market Commentary

25 minutes ago
Live cattle futures are mixed. Feeder cattle futures are feeling a little pressure from higher corn prices at midday, mostly 30 to 50 cents lower. The CME feeder cattle index was up 11 cents from the previous day at $148.27 on 7/13. Wholesale boxed beef values were higher on Tuesday morning. Choice boxes were up $1.24 to $205.00, while Select boxes were $1.60 higher at $197.27. Estimated FI cattle slaughter was 119,000 head on Monday, up 11,000 from the same week last year and even with last week. A Reuters poll of analysts shows estimates for June placements to be 0.6% larger than last year at 1.781 million head on Friday’s Cattle on Feed report. Marketings are seen at 2.011 million head, up 1.1% from a year ago.Aug 18 Cattle are at $106.750, down $0.175,Oct 18 Cattle are at $108.725, up $0.075,Dec 18 Cattle are at $112.800, up $0.100,Aug 18 Feeder Cattle are at $152.025, down $0.350Sep 18 Feeder Cattle are at $152.050, down $0.400Oct 18 Feeder Cattle are at $152.325, down $0.300
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