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Live Cattle P Feb '17 (LCG17) CME

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All Futures Contracts as of [[ item.timeDateDisplayLong ]]

Brugler report

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Live cattle futures posted gains of $1.15 to $2.07 today. Feeders are also sharply higher with the Jan17 contract up $2.52 at $126.85, while the CME Feeder Index for 12/5 was $131.07, a 17 cent drop. Cash cattle trade was limited, with a few sales reported in KS at $112. Asking prices in general are still $3-4 higher than that. Wholesale beef prices were steady to lower on light interest and limited packer offerings. Choice boxed beef was down 88 cents at $190.51/cwt with Select UNCH at $173.23. Estimated week to date FI slaughter is 231,000 head, up 1K from last week but down 2,000 from the same point in 2015. Dec 16 Cattle closed at $109.850, up $2.025, Feb 17 Cattle closed at $111.050, up $2.075, Apr 17 Cattle closed at $111.025, up $2.050, Jan 17 Feeder Cattle closed at $126.850, up $2.525 Mar 17 Feeder Cattle closed at $123.775, up $2.400 Apr 17 Feeder Cattle closed at $123.450, up $2.375
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