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Feeder Cattle Nov '17 (GFX17)

[[ 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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Fri May 25, 5:11PM CDT
Live cattle futures posted gains of 50 to 65 cents on Friday, with June up a quarter. Feeder cattle futures posted gains as well, ranging from $1.125 to $1.625 higher in the front months. The CME feeder cattle index was up $1.60 on May 25 at $136.04. Wholesale boxed beef values were lower on Friday afternoon. Choice boxes were down $1.57 at $227.43, with Select boxes 31 cents lower at $204.62. Week to date FI cattle slaughter was estimated at 647,000 head through Saturday. That is 13,000 head lower than last week, on lighter expected Saturday slaughter. Cash sales were reported at $110 in CO and KS on Friday, with NE at $176-180. This morning’s USDA Cattle on Feed report showed April placements at 1.695 million head, 8.28% lower than last year, slightly above expectations. Marketings were at 1.803 million head, up 6%. That put May 1 cattle on feed at 11.558 million head, up 5.09% from a year ago and a little larger than the average trade estimate.Jun 18 Cattle closed at $104.650, up $0.250,Aug 18 Cattle closed at $102.300, up $0.525,Oct 18 Cattle closed at $105.825, up $0.575,Aug 18 Feeder Cattle closed at $144.925, up $1.625Sep 18 Feeder Cattle closed at $144.450, up $1.350Oct 18 Feeder Cattle closed at $144.325, up $1.125
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