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Feeder Cattle Mar '18 (GFH18)

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Brugler report

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Wed Apr 25, 4:41PM CDT
Live cattle futures settle the Wednesday session with gains of 27.5 to 82.5 cents. Feeder cattle futures were 75 cents to $1.20 higher. The CME feeder cattle index was up 12 cents on April 24 at $138.20. Wholesale boxed beef values were higher on Wednesday afternoon. Choice boxes were up 88 cents at $218.53, with Select boxes $1.04 higher at $203.15. Estimated FI cattle slaughter was 355,000 head through Wednesday. That is even with the previous week and up 5,000 head from the same week in 2017. This morning’s FCE online auction saw none of the 3,194 head sold, with feedlots passing on offers of $120.25 and $121.Apr 18 Cattle closed at $121.925, up $0.825,Jun 18 Cattle closed at $105.575, up $0.525,Aug 18 Cattle closed at $105.275, up $0.350,Apr 18 Feeder Cattle closed at $139.850, up $0.750May 18 Feeder Cattle closed at $141.350, up $1.200Aug 18 Feeder Cattle closed at $147.425, up $0.950
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