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Feeder Cattle May '17 (GFK17)

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[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
All Futures Contracts for [[ item.sessionDateDisplayLong ]]

Brugler report

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Mon Apr 23, 11:23AM CDT
Live cattle futures are trading 95 cents to $1.225 in the green on Monday. Strong forward beef sales by packers are getting some attention. Feeder cattle futures are up $1.375 to $2.225. The CME feeder cattle index was down 58 on April 19 at $136.56. Wholesale boxed beef values were higher on Monday morning. Choice boxes were up $2.71 at $214.69, with Select boxes $1.70 higher at $201.83. Estimated weekly FI cattle slaughter was 624,000 head. That would be 19,000 more than the previous week and up 23,000 head from the same week in 2017. The Cattle on Feed report showed April 1 on feed numbers 7.42% larger than last year at 11.729 million head. That was the largest monthly figure since 2012. Placements in March were 9.26% lower than last year at 1.921 mil head, with March marketings at 3.87% below a year ago at 1.84 mil head.Apr 18 Cattle are at $120.300, up $0.950,Jun 18 Cattle are at $104.950, up $1.225,Aug 18 Cattle are at $105.025, up $1.225,Apr 18 Feeder Cattle are at $139.350, up $2.050May 18 Feeder Cattle are at $140.700, up $1.375Aug 18 Feeder Cattle are at $146.725, up $2.225
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